Global Database Security Market
Database security is the collection of technologies, services which help reduce the incidences of threats, attacks on the database of an enterprise. Database security is a collective term which is used to define all of the processes, tools, methods and services which work in tandem to ensure better protection of the enterprise database against any outside threat or illegal intervention. This term is responsible for the protection of the data stored in the database, server, database management system, and any other applications of database. This technology requires the implementation from a trained individual.
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The main factors behind the growth of the market are:
The market is segmented on the basis of component as software, services; deployment model as cloud, on-premises; business function is segmented into sales, marketing, operations, finance, others; organization size as small & medium-sized enterprises, large enterprises; end users as BFSI, telecommunications & IT, manufacturing, energy & utilities, retail & e-commerce, government & defense, healthcare & life sciences, media & entertainment, others.
Some of the recent market developments are as follows:
“According to Data Bridge Market Research, global database security market is growing at a healthy CAGR of 19.1% during the forecast period of 2018 to 2025”
Some of the major players operating in the market are Mcafee, Oracle, Thales E-Security, IBM, IRI, HP, Hexatier, Fortinet, Trustwave, Protegrity, Imperva, Informatica, Micro Focus, Safenet, Porticor, Green SQL, Informatica, Axis Technology and Gemalto among others.
One of the major transformations in database storage and maintenance has been the shift of conventional storage solutions to the cloud. This change in preference of various enterprises has given rise to greater security problems, as the database stored on the cloud requires specialized security solutions. This is giving rise to various IT organizations to partake in the development of specialized solutions for database security on the cloud. Various enterprises are shifting to the cloud, as it is a cheaper alternative for all the networking and storage needs with a wide-range of benefits being provided to different users. This trend has resulted in the major IT players upgrading their services designed especially for the cloud.