Database Security Market to Grow at a CAGR of 14.3% to reach US$ 16,273.8 Million from 2021 to 2028 | Top Key Players Oracle Corporation, IBM Corporation, McAfee, Fortinet

The Database Security Market is projected to reach US$ 16,273.8 million by 2028 from US$ 6,396.5 million in 2021; it is estimated to grow at a CAGR of 14.3% from 2021 to 2028. Companies maintain vast database comprising customer records, financial records, and many more. Regular audits are required to precisely monitor such databases and protect them from cyberattacks. The cybersecurity threats to databases depend on factors such as network security, authentication, and encryption. Global Database Security Market is expected to grow at a higher rate during the forecast period 2021-2028.The report includes the latest coverage of the impact of COVID-19 on the Database Security Market. Global Database Security Market is expected to develop at a substantial CAGR in the coming years. The report also encloses the crucial aspects connected with the recent events such as new product launches, mergers & acquisitions, and alliances.

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Top Profiling Key Players:
Datasparc Inc.
SAP SE
ScaleGrid
MICRO FOCUS
Thales
Oracle Corporation
IBM Corporation
McAfee
Fortinet
Trustwave

Highlighted key points of this market research report:
• This report provides pin-point analysis for changing competitive dynamics.
• It provides a forward-looking perspective on different factors driving or restraining market growth.
• It provides seven-years forecast assessed on the basis of how the market is predicted to grow.
• It helps in understanding the key product segments and their future
• It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors.
• It helps in making informed business decisions by having complete insights of market and by making in- depth analysis of market segments.

Impact of COVID-19 Pandemic on Database Security Market:
The COVID-19 pandemic has severely affected North American countries, especially the US. The adoption and growth of new technologies owing to favorable government policies the presence of a huge industrial base, and high purchasing power, especially in developed countries such as the US and Canada is boosting the development of database security solution. Hence, any impact on the growth of industries is expected to hamper the region's economic growth. Presently, the US is the world's worst-affected country due to the COVID-19 outbreak. The country is a prominent market for database security.

Database Security Market report provides an in-depth assessment of growth and other aspects of the market in key countries such as the United States, Canada, Mexico, Germany, France, the United Kingdom, Russia and the United States Italy, China, Japan, South Korea, India, Australia, Brazil and Saudi Arabia. The Database Security Market Analysis to 2028 is a specialized and in-depth study of the technology, media, and telecommunication with a special focus on the global market trend analysis. The report aims to provide an overview of Database Security market with detailed market segmentation by deployment, organization size and geography. This report also studies the global Database Security Market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.

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Database Security Market Segmentation:
By Component
Solution
Services

By Organization Size
SME
Large Enterprise

By Industry
BFSI
IT & Telecom
Manufacturing
Healthcare
Government
Retail
Others

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Finally, all aspects of the Database Security Market are quantitatively as well qualitatively assessed to study the Global as well as regional market comparatively. This market study presents critical information and factual data about the market providing an overall statistical study of this market on the basis of market drivers, limitations and its future prospects.

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