Europe Data-Centric Security Market Forecast to 2028 - COVID-19 Impact and Regional Analysis - by Component, Deployment Mode, Organization Size (Small and Medium Enterprises and Large Enterprises), and Verticals

List of Tables

The data-centric security market in Europe is expected to grow from US$ 1,342.32 million in 2022 to US$ 4,682.89 million by 2028. It is estimated to grow at a CAGR of 23.2% from 2022 to 2028.

Standardization of Data Protection Rules

Data protection rules and regulations changed over the decade owing to the incorporation of smart technologies and new working models among the companies. Several news reforms and infrastructure are demanding modern techniques of data protection. The Swiss Data Protection Act (DSG) was revised in September 2020 (revFADP) to include stricter provisions focused on protecting the privacy rights of personal data during processing. It is expected to enter into force in 2022. Additionally, some new provisions are very similar to their GDPR counterparts. These include the right to be forgotten, the right to data portability, the requirement for periodic Data Protection Impact Assessments (DPIA), and reporting obligations in the event of a breach. Thus, the growing stringent rules pushed organizations towards more data-centric security approaches, is driving the market growth.

Market Overview

The Europe data-centric security market is spread across Germany, France, Russia, the UK, Italy, and the rest of Europe. The adoption of data-centric security solutions is expected to increase as internet penetration increases in major European countries. In addition, expanding wireless networks serving mobile devices has increased data vulnerability. Implementing EU legislation and actions rooted in the National Framework and the National Cybersecurity Plan is expected to facilitate the market's growth in the region. Since the publication in 2018 of the EU- General Data Protection Regulation (GDPR), new regulations have emerged in different countries to protect the personal data that organizations collect from employees, partners, customers, and other sources. The GDPR sets a high standard for consent, which will hugely impact the marketing industry. As part of its digital strategy, the Italian Government plans to invest significantly in the protection of digital identities to increase the security level of digital transactions and, subsequently, to strengthen consumers' trust by protecting citizens' identities. In addition, telecommunication companies are increasing their investment in data-centric security to deal with rapidly increasing data threats. For instance, Telefonica came up with Telefonica Tech Ventures in 2020 to seek strategic start-ups and develop its investment capabilities to invest in markets for Telefonica in Germany and other European countries. Each of these factors is expected to impact the growth of the European data-centric security market in the coming years.

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

Europe Data-Centric Security Market Segmentation

The Europe 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 Europe 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 Europe 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 France, Germany, Italy, UK, Russia, and the Rest of Europe. The UK dominated the market share in 2022. Broadcom Corporation, Forcepoint, IBM Corporation, Imperva, Informatica Corporation, Micro Focus, NetApp, Orange Cyberdefense, Talend, and Varonis are the leading companies operating in the data-centric security market in the region.

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Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the data-centric security market, as well as those hindering it
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Product Code: BMIRE00027434

1. Introduction

1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
- 1.3.1 Europe Data-Centric Security Market - By Component
- 1.3.2 Europe Data-Centric Security Market - By Deployment Mode
- 1.3.3 Europe Data-Centric Security Market - By Organization Size
- 1.3.4 Europe Data-Centric Security Market - By Verticals
- 1.3.5 Europe Data-Centric Security Market - By Country

2. Key Takeaways

3. Research Methodology

3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. Europe Data-Centric Security - Market Landscape

4.1 Market Overview
4.2 Europe PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinions

5. Europe 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 - Europe Analysis

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

7. Europe Data-Centric Security Market Analysis - By Component

7.1 Overview
7.2 Europe 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. Europe Data-Centric Security Market Analysis - By Deployment Mode

8.1 Overview
8.2 Europe 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. Europe Data-Centric Security Market Analysis - By Organization Size

9.1 Overview
9.2 Europe 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. Europe Data-Centric Security Market Analysis - By Verticals

10.1 Overview
10.2 Europe 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. Europe Data-Centric Security Market - Country Analysis

11.1 Overview
- 11.1.1 Europe Data-Centric Security Market Breakdown, By Key Country
  - 11.1.1.1 Germany Data-Centric Security Market Revenue and Forecast to 2028 (US$ Million)
    - 11.1.1.1.1 Germany Data-Centric Security Market Breakdown, By Component
    - 11.1.1.1.2 Germany Data-Centric Security Market Breakdown, By Deployment Mode
    - 11.1.1.1.3 Germany Data-Centric Security Market Breakdown, By Organization Size
    - 11.1.1.1.4 Germany Data-Centric Security Market Breakdown, By Verticals
  - 11.1.1.2 France Data-Centric Security Market Revenue and Forecast to 2028 (US$ Million)
    - 11.1.1.2.1 France Data-Centric Security Market Breakdown, By Component
    - 11.1.1.2.2 France Data-Centric Security Market Breakdown, By Deployment Mode
    - 11.1.1.2.3 France Data-Centric Security Market Breakdown, By Organization Size
    - 11.1.1.2.4 France Data-Centric Security Market Breakdown, By Verticals
  - 11.1.1.3 Italy Data-Centric Security Market Revenue and Forecast to 2028 (US$ Million)
    - 11.1.1.3.1 Italy Data-Centric Security Market Breakdown, By Component
    - 11.1.1.3.2 Italy Data-Centric Security Market Breakdown, By Deployment Mode
    - 11.1.1.3.3 Italy Data-Centric Security Market Breakdown, By Organization Size
    - 11.1.1.3.4 Italy Data-Centric Security Market Breakdown, By Verticals
  - 11.1.1.4 UK Data-Centric Security Market Revenue and Forecast to 2028 (US$ Million)
    - 11.1.1.4.1 UK Data-Centric Security Market Breakdown, By Component
    - 11.1.1.4.2 UK Data-Centric Security Market Breakdown, By Deployment Mode
    - 11.1.1.4.3 UK Data-Centric Security Market Breakdown, By Organization Size
    - 11.1.1.4.4 UK Data-Centric Security Market Breakdown, By Verticals
  - 11.1.1.5 Russia Data-Centric Security Market Revenue and Forecast to 2028 (US$ Million)
    - 11.1.1.5.1 Russia Data-Centric Security Market Breakdown, By Component
    - 11.1.1.5.2 Russia Data-Centric Security Market Breakdown, By Deployment Mode
    - 11.1.1.5.3 Russia Data-Centric Security Market Breakdown, By Organization Size
    - 11.1.1.5.4 Russia Data-Centric Security Market Breakdown, By Verticals
  - 11.1.1.6 Rest of Europe Data-Centric Security Market Revenue and Forecast to 2028 (US$ Million)
    - 11.1.1.6.1 Rest of Europe Data-Centric Security Market Breakdown, By Component
    - 11.1.1.6.2 Rest of Europe Data-Centric Security Market Breakdown, By Deployment Mode
    - 11.1.1.6.3 Rest of Europe Data-Centric Security Market Breakdown, By Organization Size
    - 11.1.1.6.4 Rest of Europe Data-Centric Security Market Breakdown, By Verticals

12. Industry Landscape

12.1 Overview
12.2 Market Initiative
12.3 New Product Development
12.1 Merger and Acquisition

13. Company Profiles

13.1 Imperva
- 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 IBM Corporation
- 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 FORCEPOINT
- 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 Broadcom Inc.
- 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 Informatica Corporation
- 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 Micro Focus
- 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 NetApp, Inc.
- 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 OrangeCyberdefense
- 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 Talend
- 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
13.10 Varonis
- 13.10.1 Key Facts
- 13.10.2 Business Description
- 13.10.3 Products and Services
- 13.10.4 Financial Overview
- 13.10.5 SWOT Analysis
- 13.10.6 Key Developments

14. Appendix

14.1 About The Insight Partners
14.2 Glossary of Terms