Database Security Market Revenue Share Analysis, Market Growth Forecast, 2021–20

  • Database Security Market Revenue Share Analysis, Market Growth Forecast, 2021–20

    Posted by vandanaruhi on November 7, 2024 at 6:43 pm

    The global database security market is experiencing significant growth due to various factors such as the increasing volume of sensitive data, rising cyber threats, and stringent regulatory requirements. Database security refers to the protection of databases from unauthorized access, data breaches, and other security threats. It involves implementing security measures such as access controls, encryption, and monitoring to safeguard the confidentiality, integrity, and availability of data stored in databases.

    The industry overview of the database security market showcases a positive growth trajectory. The global database security market size is expected to reach USD 22.54 Billion in 2032 and register a revenue CAGR of 12.6% during the forecast period, according to latest analysis by Emergen Research. This growth can be attributed to the increasing adoption of digital technologies, the growing awareness of data security risks, and the need for compliance with data protection regulations.

    Several drivers are fueling the growth of the database security market. Firstly, the increasing volume of sensitive data is a major driver. Organizations across various industries are generating and storing vast amounts of sensitive data, including customer information, financial records, and intellectual property. Protecting this data from unauthorized access and breaches is crucial to maintain customer trust and comply with data protection regulations. Additionally, the rising cyber threats and sophisticated hacking techniques are driving market growth. Cybercriminals are constantly evolving their tactics to exploit vulnerabilities in databases, making robust security measures essential for organizations.

    However, the database security market also faces certain restraints. One of the key challenges is the complexity of implementing and managing database security solutions. Organizations need to ensure that their databases are properly configured, access controls are in place, and security patches are regularly applied. The lack of skilled cybersecurity professionals who specialize in database security can hinder the effective implementation of security measures. Moreover, the cost associated with implementing and maintaining database security solutions can be a barrier, particularly for small and medium-sized enterprises.

    Government organizations play a crucial role in monitoring and regulating the database security market. For instance, the European Union’s General Data Protection Regulation (GDPR) sets strict requirements for the protection of personal data and imposes significant penalties for non-compliance. According to the European Data Protection Board, as of June 2021, there have been numerous data breaches reported across various industries, highlighting the need for robust database security measures.

    In terms of recent product launches, several top companies have introduced innovative solutions in the database security market. For example, in 2021, Oracle launched the Oracle Database Security Assessment Tool, which helps organizations identify potential security vulnerabilities in their databases and provides recommendations for remediation. This product launch demonstrates Oracle’s commitment to providing comprehensive database security solutions. Another notable product launch is the IBM Guardium Data Protection for Databases, which offers real-time monitoring, encryption, and access controls to protect sensitive data stored in databases.

    The market intelligence report offers a panoramic view of the global Database Security industry, with a special focus on the regional bifurcation and competitive landscape. Crucial information pertinent to the latest industrial growth trends, technological advancements, product offerings, production capacity, demand and supply ratio, and estimated growth rate have been included in this report. The research methodologies offered in the report are intended to help readers gain a competitive edge in the market. Additionally, the report undertakes the SWOT Analysis and Porter’s Five Forces Analysis to assess the market standing of the leading companies operating in this sector.

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    Key Players operating in the industry are:

    Oracle, IBM, Trustwave Holdings, Inc., McAfee, LLC, Fortinet, Inc., Cloudera, Inc., Amazon Web Services, Inc, Microsoft, IRI and Open Text

    Radical Features of the Database Security Market Report:

    • The report encompasses Database Security market overview along with market share, demand and supply ratio, production and consumption patterns, supply chain analysis, and other ley elements
    • An in-depth analysis of the different approaches and procedures undertaken by the key players to conduct business efficiently
    • Offers insights into production and manufacturing value, products and services offered in the market, and fruitful information about investment strategies
    • Supply chain analysis along with technological advancements offered in the report
    • The report covers extensive analysis of the trends, drivers, restraints, limitations, threats, and growth opportunities in the Database Security industry

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    Segmentation:

    • Components Outlook (Revenue, USD Billion; 2019–2032)

      • Software
        • Data auditing and reporting
          • Real-time Auditing
          • Compliance Reporting
          • Database Activity Monitoring
        • Encryption and tokenization
          • Transparent Data Encryption (TDE)
          • Column-level Encryption
          • Tokenization Techniques
        • Data masking and redaction
          • Static Data Masking
          • Dynamic Data Masking
          • Redaction Techniques
        • Access control management
          • Role-Based Access Control (RBAC)
          • Privileged Access Management (PAM)
          • User Access Management
        • Database Activity Monitoring
          • Real-time Monitoring and Analysis
          • User Behavior Analytics (UBA)
          • Anomaly Detection
        • Threat and Vulnerability Management
          • Vulnerability Assessment
          • Patch Management
          • Intrusion Detection and Prevention
        • Intrusion Detection and Prevention Systems (IDPS)
          • Network-based IDPS
          • Host-based IDPS
          • Database Firewall
        • Others
          • Database Backup and Recovery
          • Database Patch Management
        • Services
          • Professional Services
            1. Consulting
            2. Implementation
            3. Training and Education
            4. Support and Maintenance
          • Managed Services
    • Business Function Outlook (Revenue, USD Billion; 2019–2032)

      • Sales
      • Finance
      • Operations
      • Marketing
      • Others
    • Deployment Mode Outlook (Revenue, USD Billion; 2019–2032)

      • On-Premises
      • Cloud-based
        1. Infrastructure as a Service (IaaS)
        2. Platform as a Service (PaaS)
        3. Software as a Service (SaaS)

    Regional Analysis Covers:

    • North America (U.S., Canada)
    • Europe (U.K., Italy, Germany, France, Rest of EU)
    • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
    • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
    • Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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    Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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    vandanaruhi replied 4 weeks, 1 day ago 1 Member · 0 Replies
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