Education Data Security Tools Market in the US 2016-2020

Overview of the education data security tools market in the US

Technavio’s market research analyst predicts the education data security tools market in the US to grow at a tremendous CAGR of close to 22% over the forecast period. Increasing instances of cyber crime in education institutions is one of the key factors driving the growth of this market in the coming years. Although digital infrastructure supports advanced learning technologies in most education institutions, it makes institutional data vulnerable to cyber attacks. Moreover, in recent times, there has been an increase in the uploading of digital data in the cloud and on-premise platforms. This uploaded data can easily be accessed through LAN and WLAN with the help of numerous personal devices used by thousands of students and can lead to security breaches. To avoid the violation of confidential data, both data center infrastructure and cloud computing platforms need to address security challenges such as APIs, phishing, and identity fraud. Moreover, it is also of prime importance for education institutes to digitize their teaching and learning methods for expansion strategy. In the event of a cyber attack, educational institutes not only lose out on crucial data but also their reputation and credibility. Hence, many vendors and application developers are incorporating security mechanisms to overcome such threats in the future.

In this market research study, the analysts have estimated factors such as the increasing adoption of cloud infrastructure to bolster the growth prospects for this market during the predicted period. Cloud infrastructures are eventually gaining popularity because of reduced ownership costs. However, education institutions are often concerned about the security of devices they use to process and store data. Therefore, schools and colleges are strategically trying to overcome these security concerns to benefit from cloud infrastructures. Many vendors like Trend Micro are providing schools and colleges with a single security solution across physical, virtual, and cloud environments, which includes private, public, and hybrid clouds. Moreover, several cloud providers are partnering with SVM vendors to allow education institutions to evaluate the security posture of the cloud infrastructure they will be utilizing.

Product segmentation and analysis of the education data security tools market in the US

• On-premise data center
• Cloud-based storage