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Market Size in USD Billion
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USD 7.05 Billion |
| USD 25.97 Billion | |
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Global Database Security Market, By Component (Software and Services), Business Function (Marketing, Sales, Finance, Operations and Others), Deployment Model (On-Premises and Cloud), Organization Size (Small and Medium-Sized Enterprises and Large Enterprises), Vertical (Banking, Financial Services, and Insurance, Telecommunications and IT, Government and Defense, Manufacturing, Healthcare and Life Sciences, Retail and E-commerce, Energy and Utilities, Media and Entertainment, and Others) – Industry Trends and Forecast to 2030.
The database security market is anticipated to grow during the forecast period because the demand for the database security solutions increases and government regulations in various countries tighten to prevent assaults and threats and protect data security. Moreover, the increasing requirement for effective security solutions for data which has created by advanced technologies such as IoT, cloud-based services and Big Data, among others has resulted in increased the adoption of database security and enhanced the market growth.
Data Bridge Market Research analyses that the database security market is expected to reach USD 25.97 billion by 2030, which is USD 7.05 billion in 2022, at a CAGR of 17.70% during the forecast period. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015 - 2020)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Component (Software and Services), Business Function (Marketing, Sales, Finance, Operations and Others), Deployment Model (On-Premises and Cloud), Organization Size (Small and Medium-Sized Enterprises and Large Enterprises), Vertical (Banking, Financial Services, and Insurance, Telecommunications and IT, Government and Defense, Manufacturing, Healthcare and Life Sciences, Retail and E-commerce, Energy and Utilities, Media and Entertainment, and Others)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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Thales (France), IBM (U.S.), Oracle (U.S ), Cisco Systems Inc. (U.S.), Hewlett Packard Enterprise Development LP (U.S.), Intel Corporation (U.S.), Trustwave Holdings, Inc. (U.S.), McAfee, LLC (U.S.), Micro Focus (U.K.), Fortinet Inc. (U.S.), Imperva (U.S.), Fireeye, Inc (U.S.), Innovative Routines International (IRI), Inc. (U.S.), RSA Security LLC (U.S.), BlackBerry Limited (Canada)
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Market Opportunities
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Market Definition
Database security is a group of protocols used to make the database secure, protect database from attacks, preclude unauthorized access to that database, unlawful usage, and threats. Database security performs many commands that ensure security and privacy within an organization environment. It allows security for data which is stored in areas such as in database, database management systems, database servers, and other workflow applications.
Drivers
One of the major factor which is expected to drive of the database security market is now numerous industries are required to comply with many regulations that address information security, including Gramm–Leach–Bliley Act (GLBA), Health Insurance Portability and Accountability Act (HIPAA), Payment Card Industry Data Security Standard (PCI-DSS), Examination Council (FFIEC), Federal Financial Institutions and Sarbanes–Oxley Act (SOX). These stringent regulatory frameworks accelerate the database security market and are anticipated to enhance the market growth rate.
The major factor which is likely to increase the demand for the database security solutions is the growing concern regarding data privacy among organizations. With the proliferation of databases in numerous sectors, such as retail, e-commerce, telecommunications, financial services, healthcare and insurance, data protection is increasingly more important, reinforcing the demand for database security solutions in the global markets.
Opportunities
The increasing growth of business data will likely to create immense opportunities for the market growth. The major industries have been making large amounts of data, creating many issues such as data corruption or data loss through breaches. This factor creates major demands for the database security systems which aids to access data securely with efficient security breach protection, therefore improving the productivity standards of organizations.
Database security solutions are mainly used to protect databases from modification, unauthorized access, disclosure, or destruction of data. These solutions comprise some methods such as user authentication, access control, authorization, encryption of data and audit trails that only authorized customers can access the data. Encryption of data makes data unreadable without the password. Therefore, growing usage of database security for protection of databases is expected to create lucrative opportunities for the growth of the market.
Restraints
High installation price of database security system in the organization and requirement for regular maintenance along with high cost of maintenance are some of the major factors which could hamper the growth of the database security market. Furthermore, lack of awareness regarding database security and limited budgets of companies are some other factors which could hamper market growth to a certain extent.
This database security market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the database security market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Recent Development
The database security market is segmented on the basis of component, business function, deployment model, organization size and vertical. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Component
Business Function
Deployment Model
Organization Size
Vertical
The database security market is analyzed and market size insights and trends are provided by country, component, business function, deployment model, organization size and vertical as referenced above.
The countries covered in the database security market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the database security market in terms of revenue and market owing to the presence of major market players and rising technological advancement in the product portfolio in this region.
Asia-Pacific will continue to project the highest compound annual growth rate during the forecast period of 2023-2030 because companies become increasingly concerned about data security in this region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
The database security market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to database security market.
Some of the major players operating in the database security market are:
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Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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