Data center security market set to grow to $13.77 billion by 2018
A new report has been published on the data center security market, which includes biometric access control.
According to the report, Data Center Security Market [Logical Security (IDS, IPS, DDOS, VPN, DNS, SSL, DLP, UTM, IAM, SIEM, DR, ILM); Physical Security (PSIM, PIAM, Biometrics, HDCCTV, Video Surveillance, Analytics)]: Global Advancements, Forecasts & Analysis (2013-2018) the entire market is set to grow to $13.77 billion by 2018.
Biometrics enter the equation as biometric access control systems are being increasingly implemented in data centers to closely control who comes and goes.
The major forces driving this market are the increasing data traffic and network connections, virtualization of the data centers, increasing cyber attacks with physical attacks and insider threats. There has been also a significant increase in the growth of mega data centers globally.
The global market for data center security is estimated to be $6.46 billion in 2013 and is expected to grow to $13.77 billion in 2018, representing a CAGR of 16.3% from 2013 to 2018.
In terms of regions, notes the report, North America is expected to be the biggest market, while Europe and Asia-Pacific is expected to grow at a significantly faster pace in the coming years.
The report further expects that the integration and collaboration of physical and logical security solutions into a single platform will further enhance the growth of the market, while ensuring the security compliance and regulatory policies.
Reported previously, another recent research report — this one on the electronic access control market — suggests the market will reach $16.3 billion by 2017.