Global Big Data Security Market: Key Highlights
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Global Big Data Security Market: Key Market Dynamics
Global Big Data Security Market: Regional Overview
The big data security market in Asia-pacific region is expected to show fastest growth rate. Increasing usage of social media platforms to understand consumer behavior, growing transitional information, and expanding real-time information from various sources are few factors compelling to the penetration of big data market in the region. As per the survey conducted by the China Academy of Information and Communications Technology (CAICT) 56% of Chinese firms are planning to adopt big data technology. Moreover, the governing authorities of South Korea are also planning to expand the domestic data market to strengthen their position across the globe.
Due to rising data collection from unstructured sources and flourishing demand of big data solutions from the public sector in North America, is expected to increase the demand for big data security market. Numerous public sector entities are conducting businesses through mobile, social networking and weblogs, a large amount of data gets generated. This unstructured data can be useful to the companies operating in this region and may give competitive edge to them. According to a report published by European Parliament, out of total revenue generated from big data more than half is predicted to be generated by the US.
Global Big Data Security Market: Key Players Overview
Thales Group is a France-based company that deals in designing and manufacturing of electrical systems and caters services to aerospace and defense industry, transportation industry and security markets. Under the name Thales e Security, the company provides cloud protection, licensing solutions and data encryption solutions. In 2019, the company acquired Gemalto which is a global security organization to strengthen their position in digital security market. Gemalto have portfolio named SafeNet for data protection solution, that helps end users to secure their big data deployments.
Aximatics is a Sweden-based organization engages in the production of dynamic authorization solutions based on attribute based access control. In the product portfolio, the company have various products under dynamic authorization product suite such as dynamic authorization for business application, Application Programming Interface (API) and Microservices and SmartGuard for data. In 2017, the company launched SmartGuard for Big Data v.1.1, this variant can support Apache Hive.
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