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Database Encryption Market Projected to Post a Significant CAGR of 26% during 2016 to 2022

02-17-2017 11:48 AM CET | IT, New Media & Software

Press release from: Market Research Future

Database Encryption Market

Database Encryption Market

Synopsis of Database Encryption Market

Market Forecast:

Market Research Future published a Half-Cooked Research Report on Database Encryption Market. The Global Database Encryption Market is expected to grow over the CAGR of around ~26% during the period 2016 to 2022 and expected to grow at market size of USD ~1.6 billion in 2022.

Key Players in Global Database Encryption Market

The major participants of this market are:

• Microsoft Corporation (U.S.)
• Sophos Ltd. (U.S.)
• Check Point Software Technologies Ltd. (Israel)
• Trend Micro Inc. (Japan), Symantec Corporation (U.S.)
• IBM Corporation (U.S.)
• SAS Institute Inc. (U.S.)
• Intel Security Group (McAfee) (U.S.)
• EMC Corporation (U.S.)
• Win Magic Inc. (Canada)
• Gem alto NV (France)
• PKWARE, Inc. (U.S.)

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Market Drivers and Highlights

The Global Database Encryption Market has been evaluated as growing market and expected that the market will touch high growth figures in upcoming years.

PKWare, one of the leaders in encryption software recently introduced Smart crypt transparent data encryption (TDE) that protects sensitive and important information of enterprises on their servers. Major companies such as IBM, Microsoft, Symantec, PKWare, and Intel among others are developing database encryption solutions to their clients. Database Encryption reduces unplanned downtime, frequency of hacking and reduces operational cost of a business.

Access the market data and market information presented through more than 40 market data tables and figures spread over 110 numbers of pages of the project report “Global Database Encryption Market Research Report - Forecast to 2022”

Browse Report Details @ https://www.marketresearchfuture.com/reports/database-encryption-market

Database Encryption Market Overview:

The Database Encryption can be segmented by database encryption type, by deployment type and by applications. By database encryption type, transparent, column level, and file-system technology among others is used to provide security over company’s sensitive data by transforming data into data covered by cipher text which can only decrypted by required receiver. Various application sectors such as IT & telecom, manufacturing, BFSI, retail, government, healthcare, aerospace & defence among others are showing fruitful opportunities for the Database Encryption market.

Market Research Analysis:

Database encryption is a technique of providing secured network to store the important and sensitive data of a company. It is a technique of converting plain data into a cypher text by applying a suitable encryption algorithm. This cypher text would help in preventing data loss or threat of hacking among organizations. Changing enterprise industry and high adoption of cloud storage technology is increasing the growth of database encryption market.

The growing mobility and digitization trend is also fuelling the market growth of Database Encryption. However, strict government regulation and lack of skilled cyber-security professionals are the current challenges which are hampering the market growth.

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About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact:
Akash Anand,
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: akash.anand@marketresearchfuture.com

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