Europe Data-Centric Security Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Component (Solution and Service), Deployment Mode (On Premise and Cloud based), Organization Size (Small and Medium Enterprises (SMEs) and Large Enterprises), and Verticals (IT and Telecommunication, BFSI, Government and Defense, Healthcare and Pharmaceutical, and Others)

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)

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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.

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

LIST OF TABLES

Table 1. Europe Data-Centric Security Market Revenue and Forecast to 2028 (US$ Million)

Table 2. Europe: Data-Centric Security Market, Revenue and Forecast to 2028 - By Country (US$ Million)

Table 3. Germany Data-Centric Security Market Revenue and Forecast to 2028 – By Component (US$ Million)

Table 4. Germany Data-Centric Security Market Revenue and Forecast to 2028 – By Deployment Mode (US$ Million)

Table 5. Germany Data-Centric Security Market Revenue and Forecast to 2028 – By Organization Size (US$ Million)

Table 6. Germany Data-Centric Security Market Revenue and Forecast to 2028 – By Verticals (US$ Million)

Table 7. France Data-Centric Security Market Revenue and Forecast to 2028 – By Component (US$ Million)

Table 8. France Data-Centric Security Market Revenue and Forecast to 2028 – By Deployment Mode (US$ Million)

Table 9. France Data-Centric Security Market Revenue and Forecast to 2028 – By Organization Size (US$ Million)

Table 10. France Data-Centric Security Market Revenue and Forecast to 2028 – By Verticals (US$ Million)

Table 11. Italy Data-Centric Security Market Revenue and Forecast to 2028 – By Component (US$ Million)

Table 12. Italy Data-Centric Security Market Revenue and Forecast to 2028 – By Deployment Mode (US$ Million)

Table 13. Italy Data-Centric Security Market Revenue and Forecast to 2028 – By Organization Size (US$ Million)

Table 14. Italy Data-Centric Security Market Revenue and Forecast to 2028 – By Verticals (US$ Million)

Table 15. UK Data-Centric Security Market Revenue and Forecast to 2028 – By Component (US$ Million)

Table 16. UK Data-Centric Security Market Revenue and Forecast to 2028 – By Deployment Mode (US$ Million)

Table 17. UK Data-Centric Security Market Revenue and Forecast to 2028 – By Organization Size (US$ Million)

Table 18. UK Data-Centric Security Market Revenue and Forecast to 2028 – By Verticals (US$ Million)

Table 19. Russia Data-Centric Security Market Revenue and Forecast to 2028 – By Component (US$ Million)

Table 20. Russia Data-Centric Security Market Revenue and Forecast to 2028 – By Deployment Mode (US$ Million)

Table 21. Russia Data-Centric Security Market Revenue and Forecast to 2028 – By Organization Size (US$ Million)

Table 22. Russia Data-Centric Security Market Revenue and Forecast to 2028 – By Verticals (US$ Million)

Table 23. Rest of Europe Data-Centric Security Market Revenue and Forecast to 2028 – By Component (US$ Million)

Table 24. Rest of Europe Data-Centric Security Market Revenue and Forecast to 2028 – By Deployment Mode (US$ Million)

Table 25. Rest of Europe Data-Centric Security Market Revenue and Forecast to 2028 – By Organization Size (US$ Million)

Table 26. Rest of Europe Data-Centric Security Market Revenue and Forecast to 2028 – By Verticals (US$ Million)

Table 27. Glossary of Terms, Europe Data-Centric Security Market

LIST OF FIGURES

Figure 1. Europe Data-Centric Security Market Segmentation

Figure 2. Europe Data-Centric Security Market Segmentation – By Country

Figure 3. Europe Data-Centric Security Market Overview

Figure 4. Europe Data-Centric Security Market, By Component

Figure 5. Europe Data-Centric Security Market, By Deployment Mode

Figure 6. Europe Data-Centric Security Market, By Country

Figure 7. Europe: PEST Analysis

Figure 8. Expert Opinion

Figure 9. Europe Data-Centric Security Market Impact Analysis of Drivers and Restraints

Figure 10. Europe Data-Centric Security Market Revenue and Forecast To 2028 (US$ Million)

Figure 11. Europe Data-Centric Security Market Breakdown, by Component, 2021 & 2028 (%)

Figure 12. Europe Solution Market Revenue and Forecast to 2028 (US$ Million)

Figure 13. Europe Service Market Revenue and Forecast to 2028 (US$ Million)

Figure 14. Europe Data-Centric Security Market Breakdown, by Deployment Mode, 2021 & 2028 (%)

Figure 15. Europe On-Premise Market Revenue and Forecast to 2028 (US$ Million)

Figure 16. Europe Cloud based Market Revenue and Forecast to 2028 (US$ Million)

Figure 17. Europe Data-Centric Security Market Breakdown, by Organization Size, 2021 & 2028 (%)

Figure 18. Europe Small and Medium Enterprises Market Revenue and Forecast to 2028 (US$ Million)

Figure 19. Europe Large Enterprises Market Revenue and Forecast to 2028 (US$ Million)

Figure 20. Europe Data-Centric Security Market Breakdown, By Verticals, 2021 & 2028 (%)

Figure 21. Europe IT and Telecommunication Market Revenue and Forecast to 2028 (US$ Million)

Figure 22. Europe BFSI Market Revenue and Forecast to 2028 (US$ Million)

Figure 23. Europe Healthcare and Pharmaceutical Market Revenue and Forecast to 2028 (US$ Million)

Figure 24. Europe Government and Defense Market Revenue and Forecast to 2028 (US$ Million)

Figure 25. Europe Others Market Revenue and Forecast to 2028 (US$ Million)

Figure 26. Europe Data-Centric Security Market Revenue and Forecast to 2028 (US$ Million)

Figure 27. Europe: Data-Centric Security Market, by Country, 2021 & 2028 (%)

Figure 28. Germany Data-Centric Security Market Revenue and Forecast to 2028 (US$ Million)

Figure 29. France Data-Centric Security Market Revenue and Forecast to 2028 (US$ Million)

Figure 30. Italy Data-Centric Security Market Revenue and Forecast to 2028 (US$ Million)

Figure 31. UK Data-Centric Security Market Revenue and Forecast to 2028 (US$ Million)

Figure 32. Russia Data-Centric Security Market Revenue and Forecast to 2028 (US$ Million)

Figure 33. Rest of Europe Data-Centric Security Market Revenue and Forecast to 2028 (US$ Million)

Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Europe data-centric security market
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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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