The growth will be fuelled by the development of new data centres and increasing security requirements of data in various booming sectors such as BFSI, Government and Public.
Currently, Asia Pacific region is the second largest market after North America.
Among the vendors, Cisco, IBM and MacAfee (Intel Security), Dell, Check Point Software Technologies are some of the key players in the market.
According to the analysts, the challenges before the data centre security market include the availability of low cost, substitute software solutions and low awareness of solutions and its benefits, which could hamper growth.
However, increasing numbers of new data centre and high economic growth in emerging economies including India and China could offer growth opportunities for the companies.
The market has been categorised as Logical Security and Physical Security in terms of solution, while in terms of services it has been categorised as Consulting, Managed and Professional.
This article is from the CBROnline archive: some formatting and images may not be present.
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