PUBLISHER: KBV Research | PRODUCT CODE: 1661698
PUBLISHER: KBV Research | PRODUCT CODE: 1661698
The Latin America, Middle East and Africa Data Center Logical Security Market would witness market growth of 19.1% CAGR during the forecast period (2024-2031).
The Brazil market dominated the LAMEA Data Center Logical Security Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $929.1 million by 2031. The Argentina market is registering a CAGR of 19.8% during (2024 - 2031). Additionally, The UAE market would showcase a CAGR of 18% during (2024 - 2031).
Data center logical security applications are vast, as almost every organization relies on data centers for various digital services and operations. The rise of cloud services has shifted much of the business infrastructure to third-party managed data centers. Ensuring the protection of cloud-based data is critical to maintaining clients' trust and adhering to various compliance standards. Logical security solutions such as encryption, multi-factor authentication (MFA), and identity management are vital in safeguarding data in cloud environments.
Moreover, due to the nature of the data, they manage, financial institutions are prime targets for cybercriminals. Data center logical security is critical in protecting customer accounts, transaction records, and financial applications. Financial organizations implement strong encryption protocols, access controls, and continuous monitoring to prevent unauthorized access and reduce the risk of data breaches.
In the UAE, the data center industry is seeing substantial investment, with a projected $1 billion to be funneled into the sector by 2026. This expansion is accompanied by an increasing emphasis on data center security to protect sensitive data and ensure compliance with global data privacy standards. The demand for advanced logical solutions in these data centers will rise with the growth of cloud services, e-commerce, and smart city initiatives. As more businesses and government entities in the UAE move towards digitalization, adopting AI-powered security tools, such as intrusion detection systems, behaviour analytics, and automated threat response mechanisms, will become critical to safeguarding critical infrastructure.
Based on Solutions, the market is segmented into Threat & Application Security Solutions, Access Control & Compliance, Data Protection Solutions, and Other Solutions. Based on Data Center Types, the market is segmented into Large, Mid-Size, and Small Enterprise. Based on Application, the market is segmented into Energy & Utilities, Media & Entertainment, Government, Healthcare, Manufacturing, Education, and Other Application. Based on Services, the market is segmented into Managed Security Services (MSS), Integration & Deployment Services, Consulting & Advisory Services, and Support & Maintenance Services. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
List of Key Companies Profiled
LAMEA Data Center Logical Security Market Report Segmentation
By Solutions
By Data Center Types
By Application
By Services
By Country