It’s no secret that we now live in a time when data security paranoia is at an all-time high. Recent high-profile information leaks have companies everywhere worried about their current data scheme, especially when trusting this data to third-party providers such as data centers.
The data center security market is growing rapidly. Mordor Intelligence LLP reports the global market for data center security will reach $13.38 billion by 2020.
The data center security market is estimated to grow at a CAGR of 14.7 percent. These numbers come from an original market sum of $6.74 billion in 2015. The market is segmented by physical security solutions, logical security solutions, size of data center, components, environment, industry verticals and geography.
Data center management groups everywhere can expect serious growth over the next months. With more states offering tax cuts for data center professionals, and more companies outsourcing IT asset management, data center managers will see a major rise in revenue.