Global Data Center Physical Security Market Expected To Reach $ 11.9 Billion By 2020 With A CAGR Of 16.72%

Date: 2016-09-18

The global data center physical security market is classified majorly into solutions, namely video surveillance, monitoring and access control solutions. The service segment is further categorized into security consulting services, and system integration services and professional services. The global data center physical security market is also further classified on the basis of datacenter type i.e. mid-size, enterprise, and large.

The global Data Center Physical Security market was estimated at USD$ 5.56 billion in 2015, and is anticipated to reach USD$ 11.9 billion by 2020, expanding at a CAGR of 16.72% between 2016 and 2020.

Considering the regional trends of the Data Center Security Market, North America is projected to hold the largest market size. The market in APAC is in the growth phase and is the fastest growing regional Data Center Security Market. This is mainly attributed to the growing focus of the market players to the great opportunities in the Data Center Security Market due to the presence of many developing countries and infrastructure in this region. The Latin America and MEA regions also depict great potentials in terms of adoption of data center security solutions.

Servers and storage units which are housed in the data centers require physical security from external threats which can disrupt business activities. Video surveillance through cameras, access control systems, perimeter security among other are major security solutions being deployed by enterprises for physical security of Data Centers.

The growth of Data Center Physical Security market is also facilitated by the global rise in the number of new data centers, increasing security concern of crucial data and data center critical infrastructure and increasing adoption of advanced security solutions. Adoption of the innovative products and solutions, facilitating efficient monitoring and management of personnel into the data center facility has helped the market to grow significantly. Government Initiatives for data privacy and security due to growing concerns in various sectors such as BFSI, Government and public had proved to be a major contributing factor to the growth of Data Center Physical security market.
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Joanna | Executive – International Business and partner Relations
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