Database Security Market Forecasts and Growth Opportunity By Industry Players: IBM, Oracle , Trustwave Holdings, Thales e-Security. McAfee, Fortinet

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The Global Database Security Market size is expected to grow from US$ 2.95 Billion in 2017 to US$ 7.01 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 18.9% during the forecast period. The database security market is driven by rising threats including SQL injection, Denial of Service (DoS) attacks, and malware attacks.Growing demand for sophisticated security solutions and evolving regulatory landscapes are driving the database security market.

Database encryption is one of the crucial solutions for securing the database. The database encryption can be done in 2 ways: encryption of data at rest and encryption of data in transit with better authentication control. Vendors in the market offer various encryption solutions to protect sensitive business data from both insiders as well as outsiders.

“APAC is projected to grow at the highest rate during the forecast period.”
APAC is the highest growing region in the database security market. The market in India, China, Japan, Australia, and South Korea is growing at a significant rate. Owing to the massive growth of data from all industries in this, database security solutions are widely adopted. Whether it is manufacturing or media and entertainment, an enormous flow of data is increasing the need for an effective database security solution. Initially, organizations used to store the data in the form of silos. These silos made it difficult to manage and maintain the data security.

The break-up of the profiles of the primary participants is given below:
• By Company: Tier 1:22%, Tier 2: 13%, and Tier 3:65%
• By Designation: C-level:24%, Director level:22%, and Others:54%
• By Region: North America:19 Europe:16%, APAC:45%and RoW:20%

Study Objectives:
The main objective of the report is to define, describe, and forecast the global database security market by components, business functions, deployment models, organization sizes, industry verticals, and regions. The report provides detailed information regarding the major factors influencing the growth of the database security market (drivers, restraints, opportunities, and industry-specific challenges). The report aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and contributions to the total market. The report attempts to forecast the market size with respect to 5 main regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America.

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Top Key Players in the “Database Security Market” include are IBM Corporation (US),Oracle Corporation (US),Trustwave Holdings, Inc. (US),Thales e-Security (France),McAfee, LLC (US),Fortinet, Inc. (US),Innovative Routines International (US),Micro Focus (UK),Imperva (US),HexaTier (Israel),Gemalto NV (Netherlands),Protegrity USA, Inc. (US).

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