Database Encryption Market Size, Share, Trends, Industry Analysis and Forecast 2022-2028

The global database encryption market is anticipated to grow at a significant CAGR of 30.1% during the forecast period. Personal data lockers are currently being utilized to secure an organization's personal and financial information for data security. The increasing requirement for enterprises to comply with regulatory norms, the expanding need for cloud-based databases, and the availability of adaptable encryption software have all contributed to the adoption of database encryption. Cloud adoption is bringing with it its own set of issues, such as data privacy and security. Cloud services are frequently designated by government bodies as regulated techniques for data privacy and security, particularly in the government/semi-government and essential sectors. Cloud services have been subjected to stringent data privacy legislation such as the US government's 'CLOUD Act,' the UK's 'Data Protection Act,' the EU's General Data Protection Regulation (GDPR), the 'Australia Privacy Act,' and others.

A full report of Database Encryption Market is available at: https://www.omrglobal.com/industry-reports/database-encryption-market

Besides, the key companies operating in the industry are highly inclined towards the adoption of different growth strategies including capacity expansion, partnerships, mergers and acquisitions, geographical expansion, new product launches, and product innovation to remain competitive in the marketplace. For instance, in October 2020, Zoom announced that it is implementing end-to-end encryption. This is to ensure that user meetings are secure. In addition, the company said that it will launch a series of new products aimed at removing security concerns from users' minds. End-to-end encryption, according to Zoom, is now the strongest data security standard. This encryption technology was available to all free and paying customers in October 2020. Users can also select whether or not to enable it based on their needs.

To learn more about this report request a sample copy @ https://www.omrglobal.com/request-sample/database-encryption-market

Market Coverage

• The market number available for - 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
o By Type
o By Deployment Model
o By Verticals
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- IBM Corp, Intel Security, Microsoft Corp, Netapp Inc., and Oracle Corp.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Database Encryption Market Report Segment

By Type

• Database Operational Models
• Database Encryption Types

By Deployment Model

• Public Cloud Deployment
• Private Cloud Deployment
• Hybrid Cloud Deployment

By Verticals

• BFSI
• Healthcare
• IT and Telecommunication
• Government
• Retail and E-commerce
• Aerospace and Defence
• Others

Database Encryption Market- Segment by Region

North America

• US
• Canada

Europe

• Germany
• UK
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific

• China
• Japan
• India
• Rest of Asia-Pacific

Rest of the World

• Latin America
• Middle East and Africa

Company Profiles

• Check Point Software Technologies
• DELL
• Hewlett Packard Co.
• IBM Corp.
• Intel Security
• McAfee, LLC
• Microsoft Corp.
• Netapp Inc.
• Oracle Corp.
• SAS Institute Inc.
• Sophos Ltd.
• Vormetric Inc. (Thales Group)

Reasons to Buying From us -

1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.

Media Contact:

Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

This release was published on openPR.