The report forecasts the education data security tools in the US to grow at a CAGR of 21.92% during the period 2016-2020.
The report covers the present scenario and the growth prospects of the education data security tools in the US for 2016-2020. To calculate the market size, it considers the revenue generated by vendors through the following product segments:
On premise data centers security tools
Cloud data storage security tools
One trend that will boost market growth is the safeguarding of wireless networks. Wireless networks in education institutions have emerged as one of the effective mediums of data access and data sharing. The use of these networks is largely influenced by the increased mobility of students and the faculty. Due to this reason, the adoption of tools, which safeguards the deployment and management of a wireless network and ensure a secure mode of data transfer via these networks, has become essential.
According to the report, a key growth driver is the automated implementation of access policies. Data security tools require a key or a password to access, share, or download any useful information from the school or university databases. The passkey often keeps a tab of the identity of the user and the device accessing the educational institute network. With thousands of students accessing school/university network through numerous devices such as computers, laptops, mobiles, printers, fax machines, and tablets, the enforcement of such security strategy is of utmost importance.
Further, the report states that one challenge that could hamper market growth is the difficulty faced by institutions in choosing the right solution.