Global Database Security Market: Mergers & Acquisitions Activities are Encouraging the Market Growth Potential

Database Security Market

Database security is the provision of various technologies and security services designed to promote better security and protective measures for database and the information stored in these databases. These technologies protect the database from confidentiality theft, enhance integration of data while making sure only the authorized users are given access to the database. This technology also integrates a number of controls and tools which subsequently provide a better security model for databases.

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The main factors boosting the Global Database Security Market are:

• Increase in the volume of business data across industries: With the volume of data being generated expanding significantly on a daily basis, there is a renewed need for maintaining a better database set equipped with all of the latest technologies, tools and software services. This trend subsequently gives rise to the usage of database security services on a large-scale as it can help keep the database streamlined and safe from external attacks/threats
• Rise in the demand for sophisticated security solutions: Another factor that is promoting the levels of market adoption for database security is the nature/sophistication of cyber-attacks prevalent throughout the various industries. The growing levels of sophistication of cyber-attacks is resulting in the requirement of attaining equally sophisticated or capable security measures that can handle the protection of database in an appropriate manner

The market is segmented on the basis of component as software, services; deployment model as cloud, on-premises; business function as sales, marketing, operations, finance, others; organization size as small & medium enterprises, large enterprises; end users as BFSI, telecommunications & IT, manufacturing, energy & utilities, retail & ecommerce, government & defense, healthcare & life sciences, media & entertainment, others.

Some of the Global Database Security Market Developments are as follows:

• In June 2019, Accenture announced that they had acquired Deja vu Security, based out of Seattle, Washington, United States and will be integrated into Accenture’s “Security Cyber Defense” product offerings. This acquisition will enhance the security expertise of Accenture along with provision of various software platforms as well as a number of IoT technologies
• In May 2019, McAfee, LLC announced the availability of “Database Security for Amazon Relational Database Service (Amazon RDS)” helping establish a better relationship and working conditions between Amazon and McAfee. The security service will be available over the cloud helping establish a better portfolio of McAfee’s device-to-cloud database security helping enhance the customer services and portfolio

 “According to Data Bridge Market Research, global database security market is expected to be 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.

Currently, the focus of established and global market players in on expansion of their services across a wide variety of regions in the local markets wherein a number of smaller local market players already provide specialized services to their customers. The established market players are looking towards acquisition of these players to extend their presence in the local markets while gaining greater expertise and capabilities to provide better quality of services.

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