Privacy Management Software Market COVID-19 impact Analysis, Market Overview and Scope, Regional Analysis Forecast Till 2027

 Market Overview

Privacy management software has undergone a revolution due to the various online threats and advances in business intelligence, expert systems, and data visualizations. The compliance to latest security laws and concerns of data security and privacy are prime factors playing a major role in shaping the market. The global privacy management software market report comprises latest trends and opportunities in data security as well as estimations on size and growth for the period of 2020 to 2027 (forecast period). The COVID-19 pandemic and the impact on the industry are explored in the report.

Market Scope

The global privacy management software market is expected to grow at a 22.8% CAGR during the forecast period. The concerns of data privacy and security can drive the market demand. The check on unscrupulous activities and monitoring of suspicious data transfer which break data governance policies can bode well for the market. Furthermore, the integration of the software by major corporations and enterprises for protection of in-house data can favor the market.

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Accumulation of large volumes of data, distribution of privacy policies, adoption of bring-your-own-devices (BYOD), and remote work are other factors expected to lead to an upswing in market demand. The push for organizational transparency and adherence to laws and policies for reducing business risks can work in favor of the market.

Segmentation

The global privacy management software market is segmented into application, deployment mode, organization size, and vertical.

By application, the global privacy management software is segmented into compliance management, risk management, reporting and analytics, and others. The compliance management segment is expected to grow at the highest CAGR during the forecast period. This is due to the greater need for identifying and interpreting regulatory changes. This identification enables the enterprises to cope with the varying regulatory environment easily and reduce the risk of non-compliance. The violation of rules can result in penalties and fines.

By deployment mode, the global privacy management software is segmented into on-premises and cloud.

By organization size, the global privacy management software is segmented into small and medium-sized enterprises (SMEs) and large enterprises. The large enterprises segment is expected to have a greater market size than the SME segment. Large enterprises work with huge amount of data and have multiple data sources. It is nearly impossible for large companies to keep a manual check on the varying rules and regulations and maintain data privacy.

By vertical, the global privacy management software is segmented into food, beverages and consumer goods; telecommunication and IT; banking, financial services and insurance (BFSI); healthcare and pharmaceutical, government and defense; and others.

Regional Analysis

By region, the global privacy management software market is segmented into North America, Europe, Asia Pacific (APAC), and Rest-of-the-World (RoW).

Among the regions mentioned, North America is anticipated to have the largest market share during the forecast period. The U.S. occupies nearly 80%-85% share in the region as most of the leading vendors are headquartered in the country with a strong customer base. 

The market size of Europe is estimated to grow at the highest CAGR over the forecast period, followed by APAC. EU GDPR and other ePrivacy regulations such as Payment Card Industry (PCI), the Healthcare Information Trust Alliance (HITRUST), Telecommunications Service Companies Privacy Regulation (Germany), Information Commissioners Office (United Kingdom), and Privacy and Electronic Communications Regulations (United Kingdom), have been issued to supplement existing laws and regulations regarding data privacy.

Competitive Outlook

TrustArc Inc,  International Business Machines Corporation, AURA DIFUSION S.L., Proteus-Cyber Ltd., PossibleNOW, Inc., MetricStream Inc., Protiviti Inc., OneTrust, LLC, Nymity Inc., 2B Advice LLC, LogicGate, Inc., Bwise, SureCloud, TokenEx, RSA Security LLC, BigID, Inc., AvePoint, Inc., and SIMBUS, LLC. are key players of the global privacy management software market.

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Table of Contents

1 Executive Summary

2 Scope of The Report

2.1 Market Definition

2.2 Scope of The Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Market Structure

Continued…

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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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Threat Intelligence Market COVID-19 impact, Growth Rate, Analysis, Future Scope, Forecast To 2027

 

Threat Intelligence Market, By Component (Solutions, Services), By Deployment (On-premises, Cloud), By Organization size (Small, Medium, Large), By End-users (Government, Healthcare) - Global Forecast 2027

Market Analysis

Market Research Future (MRFR) estimates the global threat intelligence management market to grow at an exponential pace from 2020 to 2027 (forecast period).

The threat intelligence management industry is going through numerous changes due to the volatile nature of technological advancements. The amount of data available today is pushing businesses to incorporate threat intelligence management. Targeted and persistent threats can compromise standard security and expose weaknesses in the organization's security models. The need for organizations to develop more efficient security systems and deploy threat intelligence management is driven by the need to improve network protection against the risk of data breaches and detect any malicious activity.

One of the advantages of a threat intelligence management solution is identifying threat information and turning it into useful intelligence that analysts can use to update the existing security model and take preventive measures. Threat intelligence management provides a portal for users to track the most recent threat actors, the attacks they conduct and identify regularly targeted data. Analysts may use this feature to interpret the various ways in which these actors and attacks can affect their business.

However, one of the most significant challenges that threat intelligence management faces today is the pace at which threat intelligence is obtained in order to prevent an attack. The inability of security systems to share threats in real-time can pose a challenge to the overall industry. To keep up with the pace of the attack, security systems must share the threat in real-time.

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COVID-19 Impact on the Global Threat Intelligence Management Market

The COVID-19 pandemic has had an impact on all aspects of society, including individuals and businesses. The internet ecosystem has played a critical role all over the world. The reliance on online businesses has grown dramatically as a result of the COVID-19 pandemic. The internet is being used to provide necessary services to customers in industries such as information, finance and insurance, healthcare and social assistance, retail trade, manufacturing, and utilities.

Market Segmentation

The global threat intelligence management market has been segmented into solutions, services, deployment mode, organization size, and end-users. 

Based on solutions, the global threat intelligence management market has been segmented into network management solutions, threat intelligence and risk management solutions, identity and access management solutions, log management and firewall.

Based on services, the global threat intelligence management market has been segmented into threat intelligence feed services, threat monitoring services and consultation.

Based on deployment mode, the global threat intelligence management market has been segmented into cloud deployment and on-premises deployment.

Based on organization size, the global threat intelligence management market has been segmented into Small and Medium Enterprises and Large Enterprises.

Based on end-users, the global threat intelligence management market has been segmented into BFSI, healthcare, Telecommunication, manufacturing, retail, education, research organizations and transportation.

Regional Analysis

Region-wise, the global threat intelligence management market has been segmented into North America, Europe, Asia Pacific, and the Rest of the World.

North America currently dominates the market among these regions due to the higher adoption of Cyber Security solutions and threat intelligence services. This region serves as a center for major key players who build and innovate threat intelligence technology. The United States contributes significantly to this expansion, with key players such as IBM, Symantec, and McAfee preparing to develop enhanced threat intelligence management tools.

Over the forecast period, the Asia Pacific region is projected to expand rapidly. Many SMEs and large enterprises in China, Japan, and India are investing in strengthening their network defenses to prevent data theft and cyber-attacks. The rising demand for mobile and web apps, as well as the increase in data volume, are fueling the growth of the Asia Pacific threat intelligence market.

Key Players

Some of the main players in the global threat intelligence management market include IBM Corporation (USA), Dell Technologies Inc. (USA), McAfee LLC (USA), Trend Micro Incorporated (Japan), Symantec Corporation (USA), Check Point Software Technologies Ltd. (USA), Juniper Networks Inc. (USA), FireEye Inc. (USA), LogRhythm Inc. (USA), LookingGlass Cyber Solutions Inc. (USA), Optiv Security Inc. (USA).

Other players include Webroot Inc. (USA), Farsight Security Inc. (USA), F-Secure Corporation (Europe), AlienVault Inc. (USA), Splunk Inc. (USA).

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Table of Contents

1 Executive Summary

2 Scope of The Report

2.1 Market Definition

2.2 Scope of The Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

Continued…

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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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Financial Cloud Market COVID-19 Impact, Industry Insights, Segmental and Regional Analysis, Key Drivers Forecast To 2027

 Industry Insight

Globally, the financial cloud market is expected to have significant growth over the forecast period. The growth of the market can be attributed to the increasing digitalization across the globe and growing number of financial institutions that demand advanced IT solutions to gain genuine competitive advantage instead of only building and maintaining an expensive IT infrastructure. The financial cloud solutions enable enterprises to reach their existing as well as potential customers with right advertisement, in the right way, and at the right time, enabling enterprises to build a strong relationship with their customers. Due to these factors, the financial cloud market is expected to grow with significant rate in the upcoming years. However, high initial cost and lack of expertise, particularly among small and medium-sized enterprises (SMEs) in developing economies, are expected to hinder growth of the global financial cloud market. The study on the global financial cloud market 2020 by Market Research Future has been conducted keeping the current proceeding within the financial cloud industry.

COVID -19 Impact

The report further considers the impact of the novel COVID-19 pandemic on the financial cloud market. It offers a clear review of the projected market fluctuations during the forecast period (2020-2027) at a pace of 22.7% CAGR while anticipating a valuation of USD 46.03 billion from USD 16.55 billion in the same period.

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Operational efficiency is one more factor in driving the growth of the finance cloud market. A few years back, Roha Housing Finance wanted to issue loans within two hours instead of three days. After adopting cost-efficient cloud-based technology, it was able to offer end-to-end loan processing within seven days, which was 50% faster than the housing finance industry benchmark. Such instances probed the market for the financial cloud to rise at a substantial level and thus set the future to score toweringly with a host of opportunities.

Further, MRFR finds that the financial industry is mostly prone to cyber threats due to the sensitivity of the data. It continues to develop in frequency, as the data generation volume grows. On this approach, Equifax incurred losses of about USD 1.35 billion from a devastating 2017 breach that affected more than half of the American customers as well as millions of the consumers in the United Kingdom. Here, the necessitate of adopting financial cloud came into action, which labelled to be highly successful. This instance also made the market of financial cloud more and more positive by the time, which resulted fruitful in the present time when the whole world is affected by COVID 19, and several industries went down. But the financial industry has less effect on it due to the firm base created for years. 

Segmental Analysis

The global financial cloud market study has incorporated various segments that are component, cloud type, organization size, and sub-industry.

Depending on the component segment, the market includes solutions and services. Among these, the solutions segment is further segmented into wealth management, customer management, security, financial forecasting and analytics, and others. The service segment has included professional and managed services.

Depending on cloud type segment, the market has included public cloud and private cloud.

Depending on organization size segment, the market has included large enterprises and small and medium-sized enterprises.

Depending on the sub-industry segment, the market has included banking and financial services and insurance.

Regional Framework

The global market for global financial cloud is estimated to grow at a significant rate during the forecast period from 2018 to 2023. The geographical analysis of the market is studied for North America, Europe, Asia-Pacific, Middle East & Africa, and South America.

North America is presumed to have the largest market share in the global financial cloud market. The US, Canada, and Mexico are the leading countries in the region. The growth is attributed to the presence of large number of financial institutions and wealth management firms and a high degree of digitalization in the region. Asia-Pacific is anticipated to be the fastest growing region in the global financial cloud market over the forecast period. Rapidly increasing number of banking and insurance businesses and rising demand for advanced banking solutions in the region are the key driving factors for the growth of financial cloud market in the region.

Key Players

The prominent players in the financial cloud market are Google LLC (US), Microsoft Corporation (US), Oracle Corporation (US), IBM Corporation (US), Amazon Web Services, Inc. (US), SAP SE (Germany), Capgemini (France), Infosys (India), Fiserv, Inc. (US), FIS (US), and Temenos Headquarters SA (Switzerland).

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Table of Contents

1 Executive Summary

2 Scope of The Report

2.1 Market Definition

2.2 Scope of The Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Market Structure

Continued…

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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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Graph Analytics Market COVID-19 impact, Market Highlights and Regional Assessment and Forecast Till 2027

 Market Synopsis

The analysis of MRFR reveals that the Global Graph Analytics Market is slated to register a CAGR of 31.6% during the review period and reach a value of USD 2,885.2 Million in 2027.

Market Highlights

The that need for real-time analyses of data and the convergence of the Internet of Things ( IoT), artificial intelligence, and block chain technologies are major factors that drive market growth. An additional factor driving the global graph analytics market is the growing demand for the analysis of low-latency queries. In addition, the lack of technical skills regarding graph analytics is expected to be a challenge to this market's growth. The rising need to identify complex patterns and the rapid use of Big Data Analytics virtualisation are the opportunities for the graph analysis market.

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Segmentation

The Global Graph Analytics Market has been segmented based on Deployment Type, Application, Organization Size, Vertical, Component, and Region/Country.

The global market in graph analytics was divided into solution and service by Component. The service segment was further divided into consulting, system integration, and maintenance and support.

The global graph analytics market was split into cloud and on-premise by Deployment Type. Most vendors in the graph analytics market offer cloud-based maintenance solutions to make maximum profits and effectively automate the process of maintenance of the equipment. It is expected that the adoption of cloud-based graph analytics solutions will increase due to benefits such as easy data maintenance, cost-effectiveness, scalability and effective management of these solutions.

The global graph analytics market was divided into small and medium-sized enterprises ( SMEs) and large enterprise segments, based on Organization Size.

The global graph analytics market, based on Application, was divided into risk and compliance management, customer analytics, route optimization, recommendation engines, fraud detection and others. The segment of route optimisation is expected to be the fastest growing segment on the market due to the increasing need to find the fastest and safest route in verticals, such as supply chain and logistics, transport, retail and eCommerce.

Based on Vertical, the global graph analytics market has been segmented into transportation & logistics, banking, financial services & insurance, healthcare & life sciences, government, telecom, retail and e-commerce, manufacturing,and others. 

Regional Assessment

It is estimated that the Global Graph Analytics Market will record a CAGR of 31.6 per cent over the forecast period. Europe, Asia-Pacific, Middle East & Africa , North America, and Latin America performed the regional study of the global graph analytics sector.

North America has the largest market share as the key players in this region have been world leaders in technology advancement. Due to the high implementation of digital transformation, the US leads the market in North America; and the use of modern technologies such as big data and analytics, and the country's high adoption of cloud-based technologies.

Due to the high need for real-time data analysis between companies across verticals, Europe is expected to be the second-largest market during the review period. During the forecast period Asia-Pacific is expected to be the fastest-growing market on the global graph analytics market. The increasing demand for analysis of low-latency queries is the key driver for market growth in the Asia-Pacific region.

Key Players

The Key Players in the Global Graph Analytics Market are Linkurious (France), Objectivity (UK), Neo4j (US), Graphistry (US), Dataiku (US), TIBCO Software (US), Teradata (US), Microsoft Corporation (US), Lynx Analytics (Singapore), IBM Corporation (US), AWS (US), Cray, Inc. (US), TigerGraph (US), DataStax (US), and Oracle Corporation (US). 

The other players in the global graph analytics market include Kineviz (US), Franz (US), Tom Sawyer Software (US), and Expero (UK).

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Table of Contents

1 Executive Summary

2 Scope of The Report

2.1 Market Definition

2.2 Scope of The Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

Continued…

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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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Enterprise Data Integration Market COVID-19 analysis, Market Dynamics, Challenges, Regional Insight by forecast 2027

 Market Dynamics 

Enterprise data integration market 2020 is all set to attain a strong valuation of USD 3.90 billion by 2027, affirms Market Research Future (MRFR). MRFR also reckons that the market size can advance at a rate of 12.6% from 2020 to 2027, which is the assessment period. We will provide covid-19 impact analysis with the report. The COVID-19 impact on the market has been studied in the report, which offers an in-depth analysis post the coronavirus disease outbreak. 

COVID-19 Analysis

The COVID-19 pandemic has given a massive boost to technological trends, which were already advancing tremendously in recent years. For instance, cloud services have gained more popularity now than ever before, post the SARS-CoV-2 outbreak. The impact of the COVID-19 outbreak has been notable, with the work-from-home model gaining traction to maintain business operations. Moreover, there has been a significant surge in traffic, be it on Zoom or Netflix due to the increasing online content consumption after the lockdown imposed in several countries.

The enterprise data integration solutions market has been a big gainer since the advent of the novel coronavirus, given the growth of cloud computing and the increased need for business analytics among enterprises. Moreover, since the onset of the pandemic, the enterprise data integration market has observed an increase in acquisitions, mergers and partnerships between acclaimed players; strategies that the companies are leveraging to solidify their position.

To cite a reference, in June 2020, Alation entered a partnership with Databricks, a unified analytics platform provider for AI and data, to devise more number of data science-led innovations. The companies are working on a data integration software that can offer a platform to the data teams to identify and benefit from the ideal data for data science as well as analytics, discover cloud data lakes, and work together on data to develop top quality predictive models along with business insights.

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Primary Drivers and Main Challenges 

In the past couple of years, data integration market has been riding high, as a result of the increasing use of computers and various portable devices such as tablets and smartphones across diverse industries. Several enterprises are progressively adopting the latest technologies in an attempt to achieve useful data insights for their business, which has led to stupendous market growth across the world.

The accelerated uptake of IoT-based technologies, industrialization, cloud computing and digitalization is induced considerable need for better quality data integration tools, whether for cloud, hybrid or legal workflow processes, which has caused a significant boom in the worldwide market.

Market Segmentation 

The enterprise data integration industry can be narrowed down to segments like component, deployment, organization size, business application as well as end user.

The key components analyzed in the market study are services and software/tools. The service types considered in the report are professional services and managed services.

The categories depending on deployment include cloud-based along with on-premise.

The organization size ranges included in the market research are large enterprises and small & medium enterprises/SMEs.

The business applications of data integration technology include sales, marketing, finance, human resources and operations.

Some of the key end-users in the worldwide market are manufacturing, energy and utilities, healthcare, retail, BFSI, media and entertainment, IT and Telecom, and more.

Regional Insight 

North America, APAC/Asia Pacific, Europe, and RoW/the rest of the world are the main markets for enterprise data integration.

North America is currently in the lead out of all the regions, given the high demand for integration tools among various industries to streamline and extract data. Technical advancements are quite frequent in the region, with high prevalence of technologies like IoT, big data, cloud computing, artificial intelligence, and more, which causes generation of massive volumes of data. A sizeable portion of the global tech giants is headquartered in North America, some of which include IBM Corporation, Oracle Corporation, Microsoft Corporation, and others, who offer a wide range of tools, software and services to enterprises. This presents a lucrative outlook for the enterprise data integration market in the region.

Europe has clinched the second position in the global market, thanks to the large number of financial companies present in the region that are responsible for the generation of colossal volumes of data. The high number of research centers across the region also warrants major market growth. BFSI remains the top end-user in the regional market, while Germany remains at the vanguard of the business growth.

The fastest expansion rate can be procured by the APAC market, with the top growth boosters believed to be the increasing technology-based innovations and the surge in data generation in line with rising digitalization across industries. A majority of the players in the region are concentrating on building advanced data integration software and tools to cater to industries that desire to extract valuable data from the unorganized structure, leading to higher market expansion.

The RoW market, comprising the Middle East & Africa/MEA and South America, can advance at a notable rate in the ensuing years. The expanding industrial sector in the region and the increasing expenditure by the telecom and IT companies on data integration services and tools can benefit the market to a large extent. The RoW market is led by MEA, which can also attain the fastest expansion rate over the appraisal period. 

Prominent Competitors 

MRFR lists the prominent competitors in the market as Information Builders Inc. (US), Oracle Corporation (US), Pitney Bowes Inc. (US), HVR Software Inc. (US), SAS Institute Inc. (US), Informatica Corporation (US), Cisco Systems, Inc. (US), SAP SE (Germany), Denodo Technologies (US), IBM Corporation (US), Microsoft Corporation (US), Syncsort Incorporated (US), Actian Corporation (US), Attunity Ltd. (US), Talend Inc. (US), to mention a few.

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Table of Contents

1 Executive Summary

2 Scope of The Report

2.1 Market Definition

2.2 Scope of The Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Market Structure

Continued…

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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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Digital Vault Market COVID-19 Analysis, Market Overview, Segmentation. Regional Overview Forecast Till 2027

 Market Overview and COVID-19 Analysis

The global digital vault market is a rapidly growing space, witnessing rapid digital usage turned into an established digital dependency. Digital vaults had been witnessing continually rising revenues before COVID 19 pandemic. However, the pandemic gave a true wake-up call for digital assets, making the security of these assets a major concern. 

Especially with intermittent lockdowns across the globe, not only personal uses and social media but also currency, banking, education, businesses, and insurance created a permanent digital space for themselves. With the growing digital usage and internet users, the market is forecasted to grow exponentially during the years ahead. 

According to Market Research Future (MRFR), the global digital vault market is poised to reach an exponential valuation by 2027, registering an impressive CAGR throughout the forecast period (2020-2027). Additionally, the immensely growing need for asset management/ data management and rapidly growing numbers of enterprises influence the market growth. 

Besides, the market rise attributes to the growing penetration of the internet, and smart and connected devices and cloud-based solutions create substantial market demand, generating an enormous amount of data. The adoption of cloud-based solutions for service virtualization & containerization escalates the market growth.

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Market Segmentation

The global digital vault market has been segmented based on organization size, industry verticals, and components. On the basis of organization size, the market for digital vault is segmented based on SMEs and large enterprises. Additionally, the market on the basis of components, is segmented into privileged account management, IAM, digital asset management, DLP, services. The global market for digital vault is also covered based on industry vertical segment which is further split into BFSI, government and defense, retail and consumer goods.

Factors like growing demand from multiple end-use sectors as well as increasing incidents of cyber attacks on organizations around the world support the digital vault market growth. The performance of the digital vault market has also been studied for the past and current years. Additionally, the digital vault market report provides analysis of these segments. The digital vault market segmental analysis provided in the report offers major details about the digital vault market based on the data and forecasts till 2027.

Regional Overview

Companies in the digital vault market are spread across the world. The digital vault market report provides major information about regional markets of North America, Europe, Asia-Pacific (APAC), and the rest of the world. The North American digital vault market has many companies across the United States, Canada, and Mexico. The digital vault market of the Middle East, Africa, and other regions has also been studied by analysts. The regional analysis of the digital vault market can be found in the market research report. Europe has companies in the digital vault market across Germany, France, Spain, Italy, and the United Kingdom. A detailed analysis of the digital vault market across India, China, and Japan in the Asia-Pacific region is also presented in the report.

Competitive Analysis

Highly competitive, the digital vault market appears fragmented due to the presence of several well-established players. To gain a substantially larger competitive share, mergers & acquisitions, collaboration, innovation, and expansion remain key trends for these players. 

Major Players:

Players active in the global digital vault market include Hitachi (Japan), IBM (US), Micro Focus (UK), Microsoft (US), Cyberark (US), Fiserv (US), Keeper Security (US), Logic Choice (US), TokenEx (US), and Accruit (US), among others.

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Table of Contents

1 Executive Summary

2 Scope of The Report

2.1 Market Definition

2.2 Scope of The Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

Continued…

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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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Data Colocation Market COVID – 19 Outbreak, Market Analysis, Key Players and Regional Forecast till 2027

 Market Analysis 

The global data colocation market is predicted to touch USD 51 billion at a healthy 12% CAGR between 2020- 2027, states the recent Market Research Future (MRFR) analysis. Data center colocation, simply put, is a process to rent out network bandwidth, physical space, and other resources by a company in an existing data center. This process allows sharing the resources of the existing data center for hosting and deploying data center solutions for external organizations. Large scale and small scale are the different service types, while server and storage, cooling units, network hardware, and others are its different components. Owing to its alluring features and plentiful benefits, data colocation has wide applications in energy, government, healthcare, IT and telecom, banking and insurance, and others. 

Various factors are propelling the global data colocation market share. According to the recent MRFR report, such factors include the growing need for scalable data centers, increasing data center complexities, reduced overall IT expenditure, and growing adoption of online shopping. Additional factors adding market growth include the rise in smartphone users, the need to cut down operational cost and capital expenditure, availability of wide choices for small companies, full control of server, required power backup, and security of information. 

On the contrary, stringent government policies and regulations, location restraints for colocation facilities, high start-up and maintenance costs, and the on-going COVID-19 impact are factors that may limit the global data colocation market growth over the forecast period.

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Impact of COVID-19

The outbreak of the COVID-19 pandemic has impacted the global economy severely as it has affected various sectors such as BFSI, energy, and IT & telecom significantly. The pandemic has led to lockdown restrictions being imposed in the majority of the countries around the world, which has resulted in supply chain disruptions in the industrial sector. Additionally, the pandemic has resulted in the shutting down or halting of manufacturing units, delays in the completion of several projects, and among other adverse effects. Thus, the global market has been severely impacted by the COVID-19 pandemic. However, the data colocation market is growing at a significant rate owing to the rising demand for data collection, analysis, and storage. Such factors showcase a strong demand for data centers. Companies such as Microsoft Corporation, Facebook, Google Inc., Verizon, Zoom, and Netflix have seen a huge surge in data traffic due to the lockdown restrictions implemented worldwide. However, the outbreak of COVID-19 and strict lockdown measures have posed several challenges across industries. These abovementioned factors are expected to influence the data colocation market over the next few months.

Market Segmentation

The MRFR report highlights an inclusive segmental analysis of the global data colocation market based on end users, components, and service type. 

By service type, the global data colocation market is segmented into large scale and small scale. Of these, the large scale segment will lead the market over the forecast period. 

By components, the global data colocation market is segmented into server and storage, cooling units, network hardware, and others.

By end users, the global data colocation market is segmented into energy, government, healthcare, IT and telecom, banking and insurance, and others. Of these, the IT and telecom segment will dominate the market over the forecast period. 

Regional Analysis

Based on the region, the global data colocation market report covers the growth opportunities and recent trends across the Asia Pacific (APAC), North America, Europe, and the Rest of the World (RoW). Of these, North America will have the lions share in the market over the forecast period. The growing number of data center needs in IT capacity, presence of top data center service providers, use of advanced infrastructural architecture, and the rising adoption from different industries including BFSI, government, and others are adding to the global data colocation market growth in the region. 

The global data colocation market in the APAC region is predicted to grow at a fast pace over the forecast period. The surging rise in data production and the booming telecom and IT sector is adding to the global data colocation market growth in the region. 

The global data colocation market in Europe is predicted to have sound growth over the forecast period. Increasing investments by top industry players are adding to the global data colocation market growth in the region. 

Key Players 

Leading players profiled in the global data colocation market report include American Telephone & Telegraph, Inc. (U.S.), DuPont Fabros Technology, Inc. (U.S.), Interxion Holding NV (Netherlands, Europe), Verizon Communication, Inc. (U.S.), KDDI Telehouse Corporation (Japan), Global Switch Corporation (UK), CoreSite Realty Corporation(U.S.), CenturyLink, Inc.(U.S.), SunGard Availability Services (U.S.), and Equinix, Inc. (U.S.). Industry players have incorporated strategies such as acquisitions, partnerships, mergers, joint ventures, collaborations, new product developments, strategic alliances, and contracts, among others, to stay at the forefront. 

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Table of Contents

1 Executive Summary

2 Scope of The Report

2.1 Market Definition

2.2 Scope of The Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Market Structure

Continued…

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