PUBLISHER: KBV Research | PRODUCT CODE: 1649375
PUBLISHER: KBV Research | PRODUCT CODE: 1649375
The Asia Pacific Data Center Security Market would witness market growth of 16.7% CAGR during the forecast period (2024-2031).
The China market dominated the Asia Pacific Other End-use Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $297.8 million by 2031. The Japan market is expected to witness a CAGR of 16.4% during (2024 - 2031). Additionally, The India market is expected to witness a CAGR of 17.9% during (2024 - 2031).
The data center security market is a critical and rapidly expanding sector in the information technology (IT) and cybersecurity industries. With the increasing reliance on digital infrastructures to store and process vast amounts of sensitive data, ensuring data centers' physical and cyber security has become an urgent priority for businesses, governments, and service providers.
Moreover, as organizations continue to adopt cloud computing, IoT, and AI, the need to secure these environments from both external and internal threats is paramount. The market encompasses a variety of technologies, strategies, and services that address the security requirements of data centers and related facilities, helping organizations safeguard their critical assets from theft, attack, or unauthorized access.
The rising growth of the software and information technology services industries in China and the rapid expansion of fintech in India are likely to drive significant demand for data center security solutions in both countries. As China's software and IT services industry surged to 12.33 trillion yuan in 2023, growing by 13.4% year-on-year, this massive scale-up indicates an increasing reliance on data storage and processing systems. With this growth, robust data center security will become critical as state and private sectors seek to protect sensitive data from cyber threats. The rise in digital services, cloud computing, and e-commerce platforms in China necessitates advanced security protocols such as encryption, access control, and multi-layered defense strategies to safeguard critical infrastructure.
Based on Component, the market is segmented into Solution (Network Security, Data Security, Physical Security, Application Security, Endpoint Security, Security Information and Event Management (SIEM), and Other Solution Type) and Services. Based on Type, the market is segmented into Large Data Center, Medium Data Center, and Small Data Center. Based on End-use, the market is segmented into IT & Telecom, BFSI, Retail & E-commerce, Media & Entertainment, Healthcare, Energy & Utilities, Government, Manufacturing, and Other End-use. Based on countries, the market is segmented into China, Japan, India, South Korea, Australia, Malaysia, and Rest of Asia Pacific.
List of Key Companies Profiled
Asia Pacific Data Center Security Market Report Segmentation
By Component
By Type
By End-use
By Country