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Database Security Market by Software, Service, Business Function, Deployment, Organization Size And Vertical - Global Forecast to 2022

Database Security Market: Global Forecast until 2022

  • December 2017
  • 164 pages
  • ID: 5256383
In this report:
North America is estimated to hold the largest market share of ##.##% in 2017 and is expected to grow from USD ##,##.## million in 2017 to USD ##,##.## million by 2022, at a CAGR of ##.##% during the forecast period.
North America is the leading region with an estimated total market share of ##.##% in 2017 and is expected to grow at a CAGR of ##.##% during the forecast period.

Summary

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Rising demand for sophisticated security solutions to prevent cyber-attacks is the main driving factor for the database security market.

The overall database security market size is forecasted to grow from ~$3.0B in 2017 to ~$7.0B by 2022, at a Compound Annual Increase rate of 18.90 percent during the forecast period. The database security market is influenced by growing threats including SQL injection, Denial of Service attacks, and malware attacks.

Increasing demand for sophisticated security solutions and evolving regulatory landscapes are driving the database security market. Nevertheless, limited security budgets and high installation cost of solutions may restrain the rise of database security market

Encryption and tokenization software is forecasted to hold the biggest industry size in 2017 in the database security market. The trend is anticipated to continue during the estimate period.

Database encryption is one of the crucial solutions for securing the database. The database encryption can be done in 2 ways: encryption of data at rest and encryption of data in transit with better authentication control. Sellers in the market offer different encryption solutions to protect sensitive business data from both insiders as well as outsiders. These solutions enable the users to preserve row- or column-level encryption and file encryption. Regulations across territories have set new standards for protecting customer information. These are standards for the security of medical records and financial market, concerning the privacy and security of customers' personal financial and health information

Asia-Pac is expected to grow at the maximal rate during the outlook period.

Asia-Pacific is the more important increasing area in the database security market. The industry in India (IN), China (CN), Japan (JP), Australia (AU), and South Korea (KR) is increasing at a significant rate. Due to the massive increase of data from all sectors in this, database security solutions are widely adopted. Whether it is manufacturing or media and entertainment, an enormous flow of data is growing the need for an effective database security solution. Initially, institutions used to store the information in the form of silos. These silos made it difficult to manage and maintain the data security. Therefrom, the database security solutions and services are forecasted to witness a high adoption rate in this zone. A recent study has shown a significant Hadoop adoption in the Asia-Pacific regions. This has indicated a increase in important volumes of data as well. Therefrom, several enterprises in this area have adopted the database security solutions to secure this massive amount of data.

In the process of finding out and checking the market value for various segments and sub-segments collected by secondary research, extensive primary audit sessions were managed with main people.

The break-up of the profiles of the primary participants is presented below:

• By Organization: Tier 1: 22.0 percent, Tier 2: 13.0 percent, and Tier 3: 65.0 percent

• By Description: C-suite: 24.0 percent, D-level: 22.0 percent, and Others: 54.0 percent

• By Area: North America (NA): 19 Europe: 16.0 percent, Asia-Pac: 45.0 percent and RoW:20.0 percent

Segment Research

The document breaks down the database security market established on components (software and services); the software segment is further divided into database auditing and reporting, encryption and tokenization, info masking and redaction, access control management, and others (backup and recovery, firewall and antivirus). The services component is categorized as managed services and professional services.

The professional services segment is further broken down into consulting services, support and maintenance, education and training and risk assessment services. Established on deployment models, the sector is divided into on-premises and cloud.

Under the organization size, the sector is divided into Small and Medium-sized Enterprises and big enterprises, whereas under the business functions segment, the sector is detached into marketing, sales, operations, finance, and others (HR and legal). Under the sector vertical, the market research includes Banking, Financial Services, and Insurance ; retail and eCommerce; telecommunications and IT; energy and utilities; manufacturing; government and defense, healthcare and life sciences; media and entertainment; others (travel and hospitality, transportation and logistics, analysis, education and real estate). The sector is divided into 5 main geographic regions: North America continent, Europe (EU), Asia Pacific (APAC), Latin America area, and Middle East (ME) and African continent.

Why acquiring this study can help you

The study will facilitate the leaders/new sector entrants in this sector in these ways: It segments the database security market comprehensively and offers the best approximations of the revenue data for the global market and sub-segments across different industry verticals and localities.

1. The analysis benefits partners to comprehend the pulse of the sector and offers them with info on main market drivers, market restraints, opportunities, and alternatives.

2. The market research will facilitate partners to better find out the players and obtain additional insights to improve their rank in the sector. The competitive outlook section includes recent product launches/upgrades, alliances, collaborations, acquisitions, and business developments.

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