Data Centric Security Market Size, Share and Global Market Forecast 2029
Data-centric Security market size touched USD 3.1 billion in 2021 and is projected to reach USD 14.8 billion in 2029 and the market is estimated to grow at a high CAGR of 21.6% during 2022-2029 The factors driving growth of the Data Centric Security Market includes growing incidences of cyberattacks, Government regulations regarding data security, huge volumes of data generated around the world, increasing penetration of smartphones and personal computers and improvements in the living standards. Moreover, growing adoption of advanced technologies such as Machine Learning (ML), Big Data Analytics and Artificial Intelligence (AI), emerging trend of Bring Your Own Device (BYOD), advent of software defined storage solutions, rise in the launch of innovative products and rapid urbanization, are some of the additional factors supplementing the Data-Centric Security Market share . In addition, the increasing investments by major corporations on research and development, strategic ...