Global Database Security Market: Transferring from Conventional Storage Servers to Cloud Providing a Renewed Application for Growth

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:

  • Increase in the volumes of business data across industries: The need for enhanced levels of database security has been due to the fact that the business-focused date being generated has significantly improved in volume. This enhancement in volume of data requires better security solutions as the different enterprises cannot afford to lose this vast amount or even have the confidential data being made public due to the various cyber threats
  • Rise in the demand for sophisticated security solutions: Another factor responsible for the proliferated growth of database security is the level of sophistication associated with the cyber-attacks in the modern age. This requires specialized solutions designed to deal with the sophistication of cyber threats, and various IT companies have started focusing on advancements of technology and understanding of these cyber-attacks so that they can incorporate this knowledge in the form of database security

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:

  • In May 2019, McAfee, LLC announced the availability of “McAfee Database Security” that has been developed for Amazon Relational Database Service (Amazon RDS). This collaboration is expected to enhance the relationship between Amazon Web Services, Inc. and McAfee, LLC. This service extends to all of the database activity, inclusive of any carried out by local users helping reduce the chances of attacks within the database
  • In June 2017, Rimini Street announced that they are expanding their service offerings with the introduction of by extending their security and support services to enterprise databases. This addition of database focused services is evident of the plan created by the company to expand their presence in the market by providing greater specialty solutions. The security services have been developed in collaboration with McAfee, LLC which will help in the blockage of attacks with the help of virtual patching

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.