6 December 2023
Database Security Market

Database Security Market

Rising incorporation of Artificial Intelligence (AI) and machine learning in security solutions is a major factor driving market revenue growth

Our team of analysts meticulously curated the new Emergen Research publication titled “Global Database Security Market” with readers’ comprehension in mind and included a comprehensive database of industry distribution. In order to accurately predict the outlook for the global Database Security market over the forecast period (2023-2032), The paper delves deeper into both historical and contemporary market circumstances. The report makes use of powerful analytical methods like Porter’s Five Forces and SWOT analysis to assess the benefits, drawbacks, opportunities, and threats related to the expansion of distinct market segments. The report’s essential facts, such the market shares of the top companies, can help the reader gain a thorough picture of the Database Security industry. Researchers’ analyses of the global market have highlighted the variables that affect the market’s overall growth.

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.

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The global Database Security market is highly consolidated due to the presence of a large number of companies across this industry. These companies are known to make hefty investments in research and development projects. Also, they control a considerable portion of the overall market share, thus limiting the entry of new players into the sector.  The global Database Security market report studies the prudent tactics undertaken by the leading market players, such as partnerships and collaborations, mergers & acquisitions, new product launches, and joint ventures.

Some of the key participants in this industry include:

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

Key regions covered in the report:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

To learn more details about the Global Database Security Market report, visit @ https://www.emergenresearch.com/industry-report/database-security-market

In addition, the analytical data are presented in a well-organized format in the form of charts, tables, graphs, figures, and diagrams in the report. This makes it easier for readers to comprehend the market scenario in a beneficial way. In addition, the report aims to provide a forward-looking perspective and an instructive conclusion to assist the reader in making profitable business decisions. The report concludes with a comprehensive SWOT and Porter’s Five Forces analysis of the segments anticipated to dominate the market, regional bifurcation, estimated market size and share, and more.

On the basis of type, the market is segmented into

  • 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)

Questions addressed in the report:

  • What is the estimated market growth rate throughout the forecast period?
  • Which end-use industry is expected to witness the highest demand for Database Security in the near future?
  • What is the regulatory framework governing the application of Database Security in the food industry?
  • Which manufacturing processes are utilized for the production of Database Security?

Valuable Market Insights:

  • The report highlights the latest trends observed in the consumption pattern of each regional segment.
  • Extensive market segmentation included in the report helps better understand the revenue and estimated growth of the individual regions.
  • The report throws light on the historical and current market scenarios and provides a concise year-on-year growth rate of the global Database Security market.
  • The report further entails the current market trends, technological advancements, revenue growth, and other aspects affecting market growth.

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