openPR Logo
Press release

Database Security Market: Rising Demand for Robust Data Protection Solutions

06-28-2023 02:05 PM CET | IT, New Media & Software

Press release from: Acumen Research and Consulting

Database Security Market: Rising Demand for Robust Data

The Database Security Market is witnessing significant growth due to the increasing concern for data breaches, unauthorized access, and data privacy regulations. Database security refers to the protection of databases and their sensitive information from threats, ensuring data confidentiality, integrity, and availability. This analysis provides insights into the Database Security Market, including market highlights and statistics, market analysis, current market trends, growth drivers, market challenges, market segmentation, regional analysis, and a list of key players.

Market Analysis:
The Database Security Market encompasses a range of solutions and technologies designed to protect databases from unauthorized access, data breaches, and other security risks. These solutions include database encryption, access control, database activity monitoring, and security information and event management (SIEM). Database security solutions aim to secure databases across various industries, including banking and finance, healthcare, government, and retail.

Download Sample Report Copy Of This Report From Here: https://www.acumenresearchandconsulting.com/request-sample/3240

Market Highlights and Statistics:
● The global Database Security Market was valued at USD 6.8 billion in 2022 and is projected to reach USD 21.6 billion by 2032, growing at a CAGR of 12.3% from 2022 to 2032.
● The market is driven by the increasing frequency and sophistication of cyber attacks, the growing volume of sensitive data, and the need to comply with data protection regulations.
● North America currently holds the largest market share, followed by Europe and Asia Pacific.

Current Market Trends:
Cloud-Based Database Security: With the increasing adoption of cloud computing and the migration of databases to the cloud, there is a growing demand for cloud-based database security solutions. These solutions provide scalable and flexible security measures for databases hosted in the cloud, ensuring data protection and compliance.
Advanced Threat Detection: Database security solutions are incorporating advanced threat detection capabilities, including machine learning, artificial intelligence, and behavior analytics. These technologies enable proactive identification and mitigation of potential security threats, enhancing overall database security.
Regulatory Compliance: Compliance with data protection regulations, such as the General Data Protection Regulation (GDPR) and the California Consumer Privacy Act (CCPA), is a key trend in the database security market. Organizations need to ensure that their databases adhere to these regulations and implement security measures to protect sensitive data.
Integration with Security Ecosystem: Database security solutions are increasingly integrated with the broader security ecosystem, including network security, endpoint security, and identity and access management (IAM). Integration allows organizations to create a cohesive and comprehensive security infrastructure, enhancing overall data protection.

Growth Drivers:
Increasing Frequency of Data Breaches: The rising number of high-profile data breaches and cyber attacks emphasizes the need for robust database security measures. Organizations are investing in database security solutions to protect their sensitive data from unauthorized access, ensuring data privacy and maintaining customer trust.
Data Privacy Regulations: Stringent data protection regulations, such as GDPR, CCPA, and others implemented globally, require organizations to implement adequate security measures to protect sensitive data. Compliance with these regulations drives the demand for database security solutions that provide data encryption, access control, and auditing capabilities.
Growing Volume of Sensitive Data: With the proliferation of digital transactions, social media, and online services, the volume of sensitive data stored in databases is increasing exponentially. Protecting this valuable data from theft, manipulation, and unauthorized access is a significant driver for the adoption of database security solutions.
Rising Adoption of Cloud-Based Databases: The migration of databases to the cloud offers scalability, cost-efficiency, and accessibility benefits. However, it also introduces new security challenges. Organizations are adopting database security solutions specifically designed for cloud environments to secure their data in the cloud.

Get TOC's From Here@ https://www.acumenresearchandconsulting.com/table-of-content/database-security-market

Segmentation of the Market:

Based on Components
● Service
○ Managed Service
○ Professional Service
● Software
○ Data masking and redaction
○ Encryption and tokenization
○ Database Activity Monitoring
○ Access control management
○ Intrusion Detection and Prevention Systems (IDPS)
○ Threat and Vulnerability Management
○ Data auditing and reporting
○ Other

Based on Deployment Modes
● Cloud-based
● On-premises

Based on Organization Size
● SMEs
● Large Enterprises

Based on Business Functions
● Finance
● Sales
● Operations
● Marketing
● Other

Based on Verticals
● Retail & eCommerce
● Healthcare & Life Sciences
● IT & Telecom
● Media & Entertainment
● Energy and Utilities
● Government and defense
● Banking, Financial Services and Insurance (BFSI)
● Other

Regional Analysis of the Market:
North America currently dominates the Database Security Market due to the presence of a large number of prominent database security solution providers, stringent data protection regulations, and high awareness about data security. Europe is witnessing significant growth driven by the increasing adoption of cloud-based database solutions and the need for GDPR compliance. Asia Pacific is expected to experience substantial growth with the rising digitalization of businesses, increasing cyber threats, and the adoption of advanced database security solutions. The market in Latin America, Africa, and the Middle East is also expanding, driven by the growing awareness of data security and regulatory compliance.

Market Challenges:
Complexity of Database Environments: Database environments can be complex, involving multiple database management systems, different versions, and various types of databases. Securing these diverse environments and ensuring compatibility with different databases pose challenges for database security solution providers.
Balancing Security and Performance: Implementing stringent security measures can impact the performance and speed of database operations. Achieving the right balance between security and performance is a challenge for organizations, as they strive to maintain data protection without compromising operational efficiency.
Emerging Threats and Evolving Attack Vectors: Cyber threats and attack vectors are constantly evolving, requiring continuous monitoring and updating of database security solutions. Staying ahead of emerging threats and ensuring robust protection against new attack vectors pose ongoing challenges in the database security landscape.

List of Key Players:
IBM Corporation, Oracle Corporation, Microsoft Corporation, Imperva Inc., Fortinet, Inc., McAfee, LLC, Check Point Software Technologies Ltd., Micro Focus International plc, Trustwave Holdings, Inc., Thales Group, Informatica LLC, Protegrity USA, Inc., Amazon Web Services, Inc., Gemalto NV and Centrify Corporation.

Ending Note:
The Database Security Market is experiencing substantial growth driven by the increasing need for robust data protection solutions in the face of rising cyber threats and data privacy regulations. The market offers opportunities for cloud-based database security solutions, advanced threat detection technologies, and integration with the broader security ecosystem. Factors such as the frequency of data breaches, data privacy regulations, the growing volume of sensitive data, and the adoption of cloud-based databases fuel market expansion. However, challenges related to complex database environments, balancing security and performance, and evolving cyber threats need to be addressed for sustainable market growth. Key players in the market are focused on innovation, strategic partnerships, and providing comprehensive security solutions to cater to the evolving database security needs of organizations globally.

Ask Query Here: Richard@acumenresearchandconsulting.com or sales@acumenresearchandconsulting.com

To Purchase this Premium Report@ https://www.acumenresearchandconsulting.com/buy-now/0/3240

201, Vaidehi-Saaket, Baner - Pashan Link Rd, Pashan, Pune, Maharashtra 411021

Acumen Research and Consulting (ARC) is a global provider of market intelligence and consulting services to information technology, investment, telecommunication, manufacturing, and consumer technology markets. ARC helps investment communities, IT professionals, and business executives to make fact based decisions on technology purchases and develop firm growth strategies to sustain market competition. With the team size of 100+ Analysts and collective industry experience of more than 200 years, Acumen Research and Consulting assures to deliver a combination of industry knowledge along with global and country level expertise.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Database Security Market: Rising Demand for Robust Data Protection Solutions here

News-ID: 3106179 • Views:

More Releases from Acumen Research and Consulting

Compact High Pressure Laminates Market to Reach USD 9.6 Billion by 2032, Driven by Sustainable Construction and Interior Design Innovation
Compact High Pressure Laminates Market to Reach USD 9.6 Billion by 2032, Driven …
The Compact High Pressure Laminates Market is gaining remarkable momentum as industries across construction, interior design, healthcare, and commercial applications increasingly adopt durable, stylish, and sustainable surfacing solutions. Valued at USD 5.9 Billion in 2023, the market is projected to reach USD 9.6 Billion by 2032, reflecting a steady compound annual growth rate (CAGR) of 5.6%. Get Free PDF Sample Pages of This Report: https://www.acumenresearchandconsulting.com/request-sample/3646 Compact High Pressure Laminates, or Compact HPL,
Culture Media Market Set to Surge Beyond USD 17.32 Billion by 2032, Driven by Advancements in Biotechnology and Diagnostics
Culture Media Market Set to Surge Beyond USD 17.32 Billion by 2032, Driven by Ad …
Culture Media Market Poised for Robust Expansion Amid Biotechnology Boom The Culture Media Market has emerged as a cornerstone of modern life sciences, enabling researchers and manufacturers to cultivate, identify, and preserve microorganisms and cells for critical applications. From drug discovery to diagnostic testing, culture media plays an indispensable role in advancing human health and biotechnology. According to Acumen Research and Consulting, the global Culture Media Market size was valued at USD
Green Energy Market Size to Hit USD 2.41 Trillion by 2032 | Key Trends, Share & Growth Insights
Green Energy Market Size to Hit USD 2.41 Trillion by 2032 | Key Trends, Share & …
The global Green Energy Market is experiencing unprecedented momentum. According to Acumen Research & Consulting, the market reached USD 1.15 trillion in 2023 and is forecast to grow at a CAGR of 8.7% from 2024 to 2032, reaching approximately USD 2.41 trillion by 2032. This Green Energy Market Analysis highlights the sweeping scale of investment and innovation driving the sector forward. Green Energy Market Size & Growth Snapshot • 2023 market size: USD
Pipeline Safety Market: Ensuring Integrity in Energy Transportation
Pipeline Safety Market: Ensuring Integrity in Energy Transportation
The global pipeline safety market is a critical component of energy infrastructure, ensuring the safe transportation of oil, gas, and other hazardous materials over vast distances. With rising demand for energy and increasing regulatory scrutiny, pipeline safety has become paramount in maintaining the integrity of these vital systems. This report delves into the factors driving the market, current trends, and future projections for this rapidly evolving industry. Pipeline Safety Market Overview

All 4 Releases


More Releases for Data

Data Catalog Market: Serving Data Consumers
Data Catalog Market size was valued at US$ 801.10 Mn. in 2022 and the total revenue is expected to grow at a CAGR of 23.2% from 2023 to 2029, reaching nearly US$ 3451.16 Mn. Data Catalog Market Report Scope and Research Methodology The Data Catalog Market is poised to reach a valuation of US$ 3451.16 million by 2029. A data catalog serves as an organized inventory of an organization's data assets, leveraging
Big Data Security: Increasing Data Volume and Data Velocity
Big data security is a term used to describe the security of data that is too large or complex to be managed using traditional security methods. Big data security is a growing concern for organizations as the amount of data generated continues to increase. There are a number of challenges associated with securing big data, including the need to store and process data in a secure manner, the need to
HOW TO TRANSFORM BIG DATA TO SMART DATA USING DATA ENGINEERING?
We are at the cross-roads of a universe that is composed of actors, entities and use-cases; along with the associated data relationships across zillions of business scenarios. Organizations must derive the most out of data, and modern AI platforms can help businesses in this direction. These help ideally turn Big Data into plug-and-play pieces of information that are being widely known as Smart Data. Specialized components backed up by AI and
Test Data Management (TDM) Market - test data profiling, test data planning, tes …
The report categorizes the global Test Data Management (TDM) market by top players/brands, region, type, end user, market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors. This report studies the global market size of Test Data Management (TDM) in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption
Data Prep Market Report 2018: Segmentation by Platform (Self-Service Data Prep, …
Global Data Prep market research report provides company profile for Alteryx, Inc. (U.S.), Informatica (U.S.), International Business Corporation (U.S.), TIBCO Software, Inc. (U.S.), Microsoft Corporation (U.S.), SAS Institute (U.S.), Datawatch Corporation (U.S.), Tableau Software, Inc. (U.S.) and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY
Long Term Data Retention Solutions Market - The Increasing Demand For Big Data W …
Data retention is a technique to store the database of the organization for the future. An organization may retain data for several different reasons. One of the reasons is to act in accordance with state and federal regulations, i.e. information that may be considered old or irrelevant for internal use may need to be retained to comply with the laws of a particular jurisdiction or industry. Another reason is to