Asia Pacific Data-Centric Security Market Forecast to 2028

Report Code : BMIRE00027431 | Region : Asia Pacific | Industry : Technology, Media and Telecommunications | Published Date : 11/Nov/2022
Asia Pacific Data-Centric Security Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Component (Solution and Service), Deployment Mode (On Premise and Cloud based), Organization Size (Small and Medium Enterprises (SMEs) and Large Enterprises), and Verticals (IT and Telecommunication, BFSI, Government and Defense, Healthcare and Pharmaceutical, and Others)

The data-centric security market in Asia Pacific is expected to grow from US$ 1,089.91 million in 2022 to US$ 4,332.71 million by 2028. It is estimated to grow at a CAGR of 25.9% from 2022 to 2028.

Increase in Data and Bring Your Own Device (BYOD) Policies

Most big data experts agree that the generated data will grow exponentially during the forecast period. Based on research from Seagate's Data Age 2025 report, the world's data sphere will reach 175 zettabytes by 2025. This growth is attributed to the enormous increase in people working, studying, and amusing themselves from home. Hence, securing these data will be the companies' primary objective, as data-driven business models will be widely adopted in the future. Hence, such a transition is anticipated to create lucrative opportunities for the data-centric-security vendors over the forecast period. Furthermore, the IT infrastructure is anticipated to become more complicated and heterogeneous due to the introduction of new platforms, bring your own device (BYOD) regulations, choose your own device (CYOD) trends, business apps, and other technologies. The BYOD and CYOD trends are becoming more and more common in business settings due to the quick improvements in mobile computing. Through mobile devices, employees may access organizational data from anywhere, at any time, thanks to these developments, which also boost employee productivity to protect organizational data from potential hazards and maintain its confidentiality and integrity. Based on the Bitglass survey, 69% of respondents said their organizations allow employees to use personal devices for work while allowing contractors, partners, customers, and suppliers. However, several companies fail to maintain security due to the unsuccessful incorporation of new devices into the existing security infrastructure. Based on the report by Software Guild, 72% of organizations have no plans to secure BYOD devices. Hence, such factors will likely create mammoth opportunities for the data-centric- security market players.

Market Overview

The data-centric security market in APAC is sub-segmented into China, India, Japan, Australia, South Korea, and the Rest of APAC. The adoption of cybersecurity solutions will likely grow with the increasing internet penetration in developing and developed countries. In addition, expanding wireless networks to mobile devices has increased the vulnerability to data attacks, making cybersecurity an essential and indispensable part of every organization. Many emerging countries, such as India, China, Singapore, and Japan, face increasing cybersecurity problems. India has rapidly increased cybercrime records, ranking fifth in total domain name system (DNS) intrusions. According to Gemalto, India accounts for 37% of the global breaches in compromised or stolen records. Increasing awareness among enterprises of the importance of saving money and resources by moving their data to the cloud rather than maintaining and creating new data storage drives the demand for cloud-based solutions, increasing the adoption of on-demand security services. Due to these advantages, large enterprises and SMEs are gradually adopting cloud-based data security solutions. Over the next few years, cloud ecosystems and platforms are set to serve as the launchpads for an explosion in the speed and scale of digital innovation.

Asia Pacific Data-Centric Security Market Revenue and Forecast to 2028 (US$ Million)

Asia Pacific Data-Centric Security Market Segmentation

The Asia Pacific data-centric security market is segmented into component, deployment mode, organization size, verticals, and country.

Based on component, the market is bifurcated into solution and service. The service segment is expected to register the larger market share in 2022. Based on deployment mode, the Asia Pacific data-centric-security market is segmented into cloud-based and on-premises. The cloud-based segment is projected to hold a larger market share in 2022. On the basis of organization size, the data-centric security market is segmented into small and medium enterprises and large enterprises. In 2022, the large enterprises is expected to hold the largest market share.

In terms of verticals, the Asia Pacific data-centric-security market is categorized into government and defense, healthcare & pharmaceuticals, IT and telecommunication, BFSI, and others. The IT and telecommunication segment is projected to hold the largest market share in 2022.

Based on country, the market is segmented into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. China dominated the market share in 2022. Broadcom Corporation, Forcepoint, IBM Corporation, Informatica Corporation, Micro Focus, NetApp, Orange Cyberdefense, Talend, and Varonis are the leading companies operating in the data-centric security market in the region.

The List of Companies - Asia Pacific Data-Centric Security Market

● Broadcom Corporation

● Forcepoint

● IBM Corporation

● Informatica Corporation

● Micro Focus

● NetApp

● Orange Cyberdefense

● Talend

● Varonis

TABLE OF CONTENTS

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

1.3.1 APAC Data-Centric Security Market – By Component

1.3.2 APAC Data-Centric Security Market – By Deployment Mode

1.3.3 APAC Data-Centric Security Market – By Organization Size

1.3.4 APAC Data-Centric Security Market – By Verticals

1.3.5 APAC Data-Centric Security Market – By Country

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. APAC Data-Centric Security - Market Landscape

4.1 Market Overview

4.2 APAC PEST Analysis

4.3 Ecosystem Analysis

4.4 Expert Opinions

5. APAC Data-Centric Security Market – Market Dynamics

5.1 Key Market Drivers

5.1.1 Growing Emphasis on Data-Centric Security Model by Enterprises

5.1.2 Standardization of Data Protection Rules

5.2 Key Market Restraints

5.2.1 Concerns Regarding the Adoption of Cloud-Based Security Solutions

5.3 Key Market Opportunities

5.3.1 Increase in Data and Bring Your Own Device (BYOD) Policies

5.4 Future Trends

5.4.1 Incorporation of Artificial Intelligence (AI) and Multi-Cloud Strategy

5.5 Impact Analysis of Drivers and Restraints

6. Data-Centric Security Market – APAC Analysis

6.1 Overview

6.2 APAC Data-Centric Security Market Revenue and Forecast to 2028 (US$ Million)

7. APAC Data-Centric Security Market Analysis – By Component

7.1 Overview

7.2 APAC Data-Centric Security Market Breakdown, by Component, 2021 & 2028

7.3 Solution

7.3.1 Overview

7.3.2 Solution Market Revenue and Forecast to 2028 (US$ Million)

7.4 Service

7.4.1 Overview

7.4.2 Service Market Revenue and Forecast to 2028 (US$ Million)

8. APAC Data-Centric Security Market Analysis – By Deployment Mode

8.1 Overview

8.2 APAC Data-Centric Security Market Breakdown, by Deployment Mode, 2021 & 2028

8.3 On Premise

8.3.1 Overview

8.3.2 On Premise Market Revenue and Forecast to 2028 (US$ Million)

8.4 Cloud based

8.4.1 Overview

8.4.2 Cloud based Market Revenue and Forecast to 2028 (US$ Million)

9. APAC Data-Centric Security Market Analysis – By Organization Size

9.1 Overview

9.2 APAC Data-Centric Security Market Breakdown, by Organization Size, 2021 & 2028

9.3 Small and Medium Enterprises

9.3.1 Overview

9.3.2 Small and Medium Enterprises Market Revenue and Forecast to 2028 (US$ Million)

9.4 Large Enterprises

9.4.1 Overview

9.4.2 Large Enterprises Market Revenue and Forecast to 2028 (US$ Million)

10. APAC Data-Centric Security Market Analysis – By Verticals

10.1 Overview

10.2 APAC Data-Centric Security Market Breakdown, By Verticals, 2021 & 2028

10.3 IT and Telecommunication

10.3.1 Overview

10.3.2 IT and Telecommunication Market Revenue and Forecast to 2028 (US$ Million)

10.4 BFSI

10.4.1 Overview

10.4.2 BFSI Market Revenue and Forecast to 2028 (US$ Million)

10.5 Healthcare and Pharmaceutical

10.5.1 Overview

10.5.2 Healthcare and Pharmaceutical Market Revenue and Forecast to 2028 (US$ Million)

10.6 Government and Defense

10.6.1 Overview

10.6.2 Government and Defense Market Revenue and Forecast to 2028 (US$ Million)

10.7 Others

10.7.1 Overview

10.7.2 Others Market Revenue and Forecast to 2028 (US$ Million)

11. APAC Data-Centric Security Market – Country Analysis

11.1 Overview

11.1.1 APAC: Data-Centric Security Market, by Key Country

11.1.1.1 Australia: Data-Centric Security Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.1.1 Australia Data-Centric Security Market Breakdown, By Component

11.1.1.1.2 Australia Data-Centric Security Market Breakdown, By Deployment Mode

11.1.1.1.3 Australia Data-Centric Security Market Breakdown, By Organization Size

11.1.1.1.4 Australia Data-Centric Security Market Breakdown, By Verticals

11.1.1.2 China: Data-Centric Security Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.2.1 China Data-Centric Security Market Breakdown, By Component

11.1.1.2.2 China Data-Centric Security Market Breakdown, By Deployment Mode

11.1.1.2.3 China Data-Centric Security Market Breakdown, By Organization Size

11.1.1.2.4 China Data-Centric Security Market Breakdown, By Verticals

11.1.1.3 India: Data-Centric Security Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.3.1 India Data-Centric Security Market Breakdown, By Component

11.1.1.3.2 India Data-Centric Security Market Breakdown, By Deployment Mode

11.1.1.3.3 India Data-Centric Security Market Breakdown, By Organization Size

11.1.1.3.4 India Data-Centric Security Market Breakdown, By Verticals

11.1.1.4 Japan: Data-Centric Security Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.4.1 Japan Data-Centric Security Market Breakdown, By Component

11.1.1.4.2 Japan Data-Centric Security Market Breakdown, By Deployment Mode

11.1.1.4.3 Japan Data-Centric Security Market Breakdown, By Organization Size

11.1.1.4.4 Japan Data-Centric Security Market Breakdown, By Verticals

11.1.1.5 South Korea: Data-Centric Security Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.5.1 South Korea Data-Centric Security Market Breakdown, By Component

11.1.1.5.2 South Korea Data-Centric Security Market Breakdown, By Deployment Mode

11.1.1.5.3 South Korea Data-Centric Security Market Breakdown, By Organization Size

11.1.1.5.4 South Korea Data-Centric Security Market Breakdown, By Verticals

11.1.1.6 Rest of APAC: Data-Centric Security Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.6.1 Rest of APAC Data-Centric Security Market Breakdown, By Component

11.1.1.6.2 Rest of APAC Data-Centric Security Market Breakdown, By Deployment Mode

11.1.1.6.3 Rest of APAC Data-Centric Security Market Breakdown, By Organization Size

11.1.1.6.4 Rest of APAC Data-Centric Security Market Breakdown, By Verticals

12. Industry Landscape

12.1 Overview

12.2 Market Initiative

12.3 New Product Development

12.4 Merger and Acquisition

13. Company Profiles

13.1 IBM Corporation

13.1.1 Key Facts

13.1.2 Business Description

13.1.3 Products and Services

13.1.4 Financial Overview

13.1.5 SWOT Analysis

13.1.6 Key Developments

13.2 FORCEPOINT

13.2.1 Key Facts

13.2.2 Business Description

13.2.3 Products and Services

13.2.4 Financial Overview

13.2.5 SWOT Analysis

13.2.6 Key Developments

13.3 Broadcom Inc.

13.3.1 Key Facts

13.3.2 Business Description

13.3.3 Products and Services

13.3.4 Financial Overview

13.3.5 SWOT Analysis

13.3.6 Key Developments

13.4 Informatica Corporation

13.4.1 Key Facts

13.4.2 Business Description

13.4.3 Products and Services

13.4.4 Financial Overview

13.4.5 SWOT Analysis

13.4.6 Key Developments

13.5 Micro Focus

13.5.1 Key Facts

13.5.2 Business Description

13.5.3 Products and Services

13.5.4 Financial Overview

13.5.5 SWOT Analysis

13.5.6 Key Developments

13.6 NetApp, Inc.

13.6.1 Key Facts

13.6.2 Business Description

13.6.3 Products and Services

13.6.4 Financial Overview

13.6.5 SWOT Analysis

13.6.6 Key Developments

13.7 OrangeCyberdefense

13.7.1 Key Facts

13.7.2 Business Description

13.7.3 Products and Services

13.7.4 Financial Overview

13.7.5 SWOT Analysis

13.7.6 Key Developments

13.8 Talend

13.8.1 Key Facts

13.8.2 Business Description

13.8.3 Products and Services

13.8.4 Financial Overview

13.8.5 SWOT Analysis

13.8.6 Key Developments

13.9 Varonis

13.9.1 Key Facts

13.9.2 Business Description

13.9.3 Products and Services

13.9.4 Financial Overview

13.9.5 SWOT Analysis

13.9.6 Key Developments

14. Appendix

14.1 About The Insight Partners

14.2 Glossary of Terms

LIST OF TABLES.

Table 1. APAC Data-Centric Security Market Revenue and Forecast to 2028 (US$ Million)

Table 2. Asia Pacific: Data-Centric Security Market, Revenue and Forecast to 2028 - By Country (US$ Million)

Table 3. Australia Data-Centric Security Market Revenue and Forecast to 2028 – By Component (US$ Million)

Table 4. Australia Data-Centric Security Market Revenue and Forecast to 2028 – By Deployment Mode (US$ Million)

Table 5. Australia Data-Centric Security Market Revenue and Forecast to 2028 – By Organization Size (US$ Million)

Table 6. Australia Data-Centric Security Market Revenue and Forecast to 2028 – By Verticals (US$ Million)

Table 7. China Data-Centric Security Market Revenue and Forecast to 2028 – By Component (US$ Million)

Table 8. China Data-Centric Security Market Revenue and Forecast to 2028 – By Deployment Mode (US$ Million)

Table 9. China Data-Centric Security Market Revenue and Forecast to 2028 – By Organization Size (US$ Million)

Table 10. China Data-Centric Security Market Revenue and Forecast to 2028 – By Verticals (US$ Million)

Table 11. India Data-Centric Security Market Revenue and Forecast to 2028 – By Component (US$ Million)

Table 12. India Data-Centric Security Market Revenue and Forecast to 2028 – By Deployment Mode (US$ Million)

Table 13. India Data-Centric Security Market Revenue and Forecast to 2028 – By Organization Size (US$ Million)

Table 14. India Data-Centric Security Market Revenue and Forecast to 2028 – By Verticals (US$ Million)

Table 15. Japan Data-Centric Security Market Revenue and Forecast to 2028 – By Component (US$ Million)

Table 16. Japan Data-Centric Security Market Revenue and Forecast to 2028 – By Deployment Mode (US$ Million)

Table 17. Japan Data-Centric Security Market Revenue and Forecast to 2028 – By Organization Size (US$ Million)

Table 18. Japan Data-Centric Security Market Revenue and Forecast to 2028 – By Verticals (US$ Million)

Table 19. South Korea Data-Centric Security Market Revenue and Forecast to 2028 – By Component (US$ Million)

Table 20. South Korea Data-Centric Security Market Revenue and Forecast to 2028 – By Deployment Mode (US$ Million)

Table 21. South Korea Data-Centric Security Market Revenue and Forecast to 2028 – By Organization Size (US$ Million)

Table 22. South Korea Data-Centric Security Market Revenue and Forecast to 2028 – By Verticals (US$ Million)

Table 23. Rest of APAC Data-Centric Security Market Revenue and Forecast to 2028 – By Component (US$ Million)

Table 24. Rest of APAC Data-Centric Security Market Revenue and Forecast to 2028 – By Deployment Mode (US$ Million)

Table 25. Rest of APAC Data-Centric Security Market Revenue and Forecast to 2028 – By Organization Size (US$ Million)

Table 26. Rest of APAC Data-Centric Security Market Revenue and Forecast to 2028 – By Verticals (US$ Million)

Table 27. Glossary of Terms, APAC Data-Centric Security Market

The List of Companies - Asia Pacific Data-Centric Security Market

● Broadcom Corporation

● Forcepoint

● IBM Corporation

● Informatica Corporation

● Micro Focus

● NetApp

● Orange Cyberdefense

● Talend

● Varonis

Reason To Buy

● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Asia Pacific data-centric security market

● Highlights key business priorities in order to assist companies to realign their business strategies

● The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific data-centric security market, thereby allowing players across the value chain to develop effective long-term strategies

● Develop/modify business expansion plans by using substantial growth offering developed and emerging markets

● Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the data-centric security market, as well as those hindering it

● Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

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