In the rapidly growing digital landscape across businesses traditional ways of protecting the data are putting businesses in more risky situations hence need a better security approach. Data-centric security solutions enable enterprises to build security solutions according to their business demands which allows them to safe keep their files despite risking their security while files move freely among official users. In addition, the solution helps organizations in data discovery, data masking, auditing and reporting, moving and quarantining, integrations, policy management, and others.

Adroit Market Research study on the global market for data-centric security offers a holistic view of the industry from 2020 to 2028 as a forecast period, including factors such as market drivers, limitations, opportunities, threats, and regulatory overview. The market has been analyzed from 2018 to 2028, with a base year estimate of 2019 and a projection from 2020 to 2028. The report covers the current status and potential characteristics of the market at both the global and the country level. Moreover, the report also assesses market competition with Porter's analysis of five strengths and places leading players on the basis of their product range, regional presence, strategic initiatives, and overall sales. Prominent players in the global data-centric security market have been analyzed in depth.

The solutions segment gathered the major market share in 2020. Major growth factors for the segment growth are the growing demand from organizations for uniquely customized security solutions according to their business needs without having any security gaps. Moreover, the need for security solutions that offer security without having any gaps, provide centralized control, and automation are also driving the growth of this segment.

As businesses progress managing their business-critical data becomes more complex hence, they need to determine and assess the areas on which they should more focus on. Securing critical information should be one of the top priorities of the business however, the majority of the businesses still don’t invest in their data security, which poses a major risk. Therefore, governing the business data becomes necessary as it covers data-centric security, data modeling & designing, data integration & operability, data storage & operations, data quality, meta-data, data architecture, and others.

The key players of the global data-centric security market report include AvePoint, Dataguise, IBM, Imperva, Informatica, Micro Focus, Oracle, Protegrity, Seclore, and Sophos.

Key Segments of the Global Data-Centric Security Market

Component Overview, 2018-2028 (USD Million)

• Tools
  • Machine Learning (ML)
  • Natural Language Processing (NLP)
• Services

Business Function Method, 2018-2028 (USD Million)

• Chatbots
• Forecasts and Prescriptive Models
• Text Recognition
• Speech Recognition
• Others

Vertical 2018-2028 (USD Million)

• BFSI
• Research and Education
• Transportation
• Retail and eCommerce
• Manufacturing
• Healthcare
• Others

Regional Overview, 2018-2028 (USD Million)

North America

• U.S.
• Canada

Europe

• UK
• Germany
• France
• Rest of Europe

Asia Pacific

• China
• Japan
• India
• Rest of Asia-Pacific

Middle East and Africa

• UAE
• South Africa
• Rest of Middle East and Africa

South America

• Brazil
• Rest of South America