Data-Centric Security Market Size Projected to Reach $10.38 Billion by 2025 Driven By Increasing Data Breach Incidents and Innovation Trends
What Is The Future Growth Scenario Of The Data-Centric Security Market? The data-centric security market size has been growing exponentially in recent years. From a worth of $8.19 billion in 2024, it's expected to grow to $10.38 billion in 2025 at a compound annual growth rate (CAGR) of 26.8%. The growth in the historic period is due to data breach incidents, regulatory compliance, mobile device proliferation, and growing concern for data privacy. Furthermore, the data-centric security market size is predicted to witness exponential growth with a projected size of $28.45 billion in 2029 at a CAGR of 28.7%. This growth can be attributed to accelerated adoption of zero trust architecture, focus on endpoint security, globalization of cybersecurity threats, evolution of privacy regulations, emphasis on automated response, and increasing data sharing concerns. The forecast period is also expected to witness data classification and discovery, cloud-native security solution...