Booming Growth in Cloud Database Security Market and Forecast to 2023 by Worldwide Top Key Manufacturers –IBM, Fortinet Technologies, Porticor, Intel Security Group, McAfee, Oracle, NetLib Security

Marketprognosis.com Publish a New Market Research Report On “Global Cloud Database Security Market 2019 - 2023” which contains global key player’s survey information and forecast to 2023.

Overview of the Global Cloud Database Security Market:

The report spread across 116 pages is an overview of the Global Cloud Database Security Market. These report study based on the Cloud Database Security Market. It is a complete overview of the market, covering various aspects prevailing market landscape. It accumulates comprehensive information and research methodologies.

As per the analysis, Global Cloud Database Security Market is expected to register substantial growth in the near future, attributed to growth in demand for cloud-based services, the upsurge in the use of handheld devices such as BYOD & CYOD, and increase in government spending on digitalization. However, factors such as the requirement of high initial investment and growing cyber threats & malware are expected to restrain the growth of the market.

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BFSI to Hold the Largest Market Share; With growing technological penetration, digital channels (such as internet banking, mobile banking, etc.) are becoming the preferred choice of customers for banking services. Consequentially, the amount data volume has witnessed a robust increase. To utilize this data to gather customer insights, banks and financial organizations are increasingly employing services. BFSI institutes have therefore opted for cloud solutions, to increase the ease in storage and analysis of complex data. However, the growing number of data breaches has led to an exponential rise in costs and loss of valuable customer information.

Growing Number of Cyber-attacks; While enterprises have pushed consistently to meet the challenge of anticipating future demands by adopting cloud-based services, the number of attacks on cloud environments has also increased, which has threated and challenged the traditional IT infrastructure. The increase in the number of attacks can also be attributed to the fact that more valuable data is shifting to the cloud, and hackers find it lucrative to steal valuable data. Thus, it has become increasingly important for organizations to step up security systems, to protect their cloud environments.

Regionally, According to the Asia-Pacific Economic Cooperation, small and medium enterprises (SMEs) are the engines of growth and innovation in region, and account for over 97% of all enterprises and employ over half of the workforce across Asia-Pacific economies. The growing penetrations of the internet and shift toward digitization of the internal processes have been instrumental in driving the adoption of cloud-based services. Alongside the digital transformation in the region, owing to ineffective cyber laws and lack of cyber security awareness, companies in Asia-Pacific have been found to be 80% more likely to be targeted by hackers as compared to other regions.

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Major Key Players:

1 IBM Inc.

2 Fortinet Technologies Inc.

3 Porticor Ltd

4 Intel Security Group

5 McAfee Inc.

6 Oracle Pvt. Ltd

7 Imperva Inc.

8 NetLib Security Inc.

9 HexaTier Ltd and More………….

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This study answers to the below key questions:

1 What will the market size be in 2023 and what will the growth rate be?

2 What are the key market trends?

3 What are the challenges to market growth?

4 Who are the key players in this market?

5 What are the market opportunities and threats faced by the key players?

In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Cloud Database Security Market.

Table of Contents:

1 Introduction

2 Research Approach and Methodology

3 Executive Summary

4 Market Dynamics

5 Global Cloud Database Security Market - Segmentation

6 Competitive Intelligence Company Profiles

7 Investment Analysis

8 Outlook of the Advanced Authentication Market in the Financial Service Industry

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