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In the post-COVID-19 scenario, the global big data security market is projected to grow from USD 17,558 million in 2020 to USD 35,364 million by 2026, recording a Compound Annual Growth Rate (CAGR) of 12.4% from 2020 to 2026.
By deployment, the cloud segment is estimated to hold a larger market size than the on-premises segment in 2020
Unlike traditional on-premises deployment mode, cloud-based big data security solutions provide with a cost effective approach for the enterprises across various industry verticals to enhance security. Pricing is one of the major differentiating factors in the adoption of cloud-based security solution over on-premises security solutions. Growing virtualization across industries and adoption of cloud computing is promoting the demand for cloud-based big data security solutions in various countries.
Global Big Data Security Market (2020 to 2026) - Growing Demand for Big Data from SMEs Presents Opportunities prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
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“IBM (US), Oracle (US), Microsoft (US), Google (US), Amazon Web Services (US), Hewlett Packard Enterprise (US), Talend (US), Micro Focus (UK), Check Point (Israel), FireEye (US), Rapid7 (US), Thales (France), and Informatica (US).”
Big Data Security Market by Component, by Software, Deployment Type, Organization Size (Large Enterprise, SMEs), Vertical, and Region (North America, Europe, APAC, MEA, Latin America) – Global Forecast to 2026
In the post-COVID-19 scenario, the global Big Data Security Market size is projected to grow from USD 17.5 billion in 2020 to USD 35.3 billion by 2026, recording a Compound Annual Growth Rate (CAGR) of 12.4% from 2020 to 2026. The market’s growth can be attributed to the increasing awareness and rising investments in big data security solutions across global organizations operating across verticals.
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BIGtoken, Inc., the first privacy focused, opt-in, data marketplace, where people can own and monetize their data, publishes a monthly report on the top 10 stories in data privacy.
U.S. data privacy legislation took a step forward throughout February. Virginia state lawmakers passed the Senate bill to provide a basic level of comprehensive data protection to citizens; the Calhoun v. Google court hearing took place to discuss whether online data is personal property under California law.
1. “Virginia Passes Data Privacy Law,” ACA International – February 19, 2021
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On Friday February 19, the Virginia Consumer Data Protection Act was officially passed by the Virginia House of Representatives (89-9) and Senate (39-0). Governor Ralph Northam is expected to sign within the next couple weeks. If Northam does sign, the bill will take effect January 1, 2023.
Insights on the Cybersecurity Global Market to 2026 - Featuring SecureWorks, RSA Security and Cisco Systems Among Others prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.