Global Database Encryption Market Size Worth USD 5.7 Billion By 2028 | CAGR 28%: Infinium Global Research

Infinium Global Research, a prominent market research firm, has released a comprehensive report presenting an in-depth analysis of the global and regional Database Encryption Market. This exhaustive study delves into segments, sub-segments, trends, forecasts, and dollar values within the market. According to the report, the global database encryption market is projected to exhibit an impressive Compound Annual Growth Rate (CAGR) of around 28% from 2021 to 2027, with market valuation soaring from approximately USD 1.3 billion in 2021 to over USD 5.7 billion by 2027.

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Market Insights and Overview

In today's business landscape, safeguarding a myriad of data, from financial information to customer demographics, is paramount. Database encryption serves as a crucial solution, enabling organizations to protect data privacy while ensuring accessibility to authorized users. Encryption involves converting data into ciphertext, which can only be decoded using a unique decryption key, ensuring confidentiality during storage or transmission. Various encryption algorithms such as Triple DES, RSA, Twofish, and more cater to different use cases. The COVID-19 pandemic significantly impacted the database encryption sector, leading to a surge in digitalization and a heightened focus on data security due to remote work scenarios.

Market Drivers and Challenges

The increasing occurrences of public database breaches are anticipated to drive market growth. The scalability, ease of placement, and flexibility associated with database encryption solutions serve as key growth factors. However, the high implementation costs and the requirement for skilled labor pose challenges to market expansion. Cloud services present substantial growth opportunities for the database encryption market.

Regional Outlook and Market Segmentation

North America holds the largest share in the global database encryption Market, driven by the rising demand for cloud-based services and the presence of major key players in the region. The Asia Pacific region is poised to exhibit the highest growth rate owing to technological advancements in financial markets, stringent regulations, and significant investments in cybersecurity systems in countries like China, Japan, and India.

The report segments the market based on deployment (on cloud, on-premises), type (transparent, column-level, file-system), and industry (aerospace & defense, BFSI, government, healthcare, manufacturing, retail).

Key Market Players

Profiles of key companies in the market include IBM Corporation, Symantec Corporation, Netapp, Inc, Microsoft Corporation, Hewlett-Packard Company, Oracle Corporation, Intel Security (McAfee), Vormetric Inc, Gemalto NV, and Sophos Group plc.

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Table of Content

Chapter 1. Preface

1.1. Report Description

1.2. Research Methods

1.3. Research Approaches

Chapter 2. Executive Summary

2.1. Database Encryption Market Highlights

2.2. Database Encryption Market Projection

2.3. Database Encryption Market Regional Highlights

Chapter 3. Global Database Encryption Market Overview

3.1. Introduction

3.2. Market Dynamics

3.2.1. Drivers

3.2.2. Restraints

3.2.3. Opportunities

3.3. Analysis of COVID-19 impact on the Database Encryption Market

3.4. Porter's Five Forces Analysis

3.5. IGR-Growth Matrix Analysis

3.5.1. IGR-Growth Matrix Analysis by Deployment

3.5.2. IGR-Growth Matrix Analysis by Type

3.5.3. IGR-Growth Matrix Analysis by Industry

3.5.4. IGR-Growth Matrix Analysis by Region

3.6. Value Chain Analysis of Database Encryption Market

Chapter 4. Database Encryption Market Macro Indicator Analysis

Chapter 5. Global Database Encryption Market by Deployment

5.1. On Cloud

5.2. On-premises

Chapter 6. Global Database Encryption Market by Type

6.1. Transparent

6.2. Column-level

6.3. File-system

Chapter 7. Global Database Encryption Market by Industry

7.1. Aerospace & Defense

7.2. BFSI

7.3. Government

7.4. Healthcare

7.5. Manufacturing

7.6. Retail

Chapter 8. Global Database Encryption Market by Region 2021-2027

8.1. North America

8.1.1. North America Database Encryption Market by Deployment

8.1.2. North America Database Encryption Market by Type

8.1.3. North America Database Encryption Market by Industry

8.1.4. North America Database Encryption Market by Country

8.2. Europe

8.2.1. Europe Database Encryption Market by Deployment

8.2.2. Europe Database Encryption Market by Type

8.2.3. Europe Database Encryption Market by Industry

8.2.4. Europe Database Encryption Market by Country

8.3. Asia-Pacific

8.3.1. Asia-Pacific Database Encryption Market by Deployment

8.3.2. Asia-Pacific Database Encryption Market by Type

8.3.3. Asia-Pacific Database Encryption Market by Industry

8.3.4. Asia-Pacific Database Encryption Market by Country

8.4. RoW

8.4.1. RoW Database Encryption Market by Deployment

8.4.2. RoW Database Encryption Market by Type

8.4.3. RoW Database Encryption Market by Industry

8.4.4. RoW Database Encryption Market by Sub-region

Chapter 9. Company Profiles and Competitive Landscape

9.1. Competitive Landscape in the Global Database Encryption Market

9.2. Companies Profiles

9.2.1. IBM Corporation

9.2.2. Symantec Corporation

9.2.3. Netapp, Inc

9.2.4. Microsoft Corporation

9.2.5. Hewlett-Packard Company

9.2.6. Oracle Corporation

9.2.7. Intel Security (Mcafee)

9.2.8. Vormetric Inc

9.2.9. Gemalto NV

9.2.10. Sophos Group plc

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Reasons to Buy this Report:

=> Comprehensive analysis of global as well as regional markets of database encryption.

=> Complete coverage of all the product types and application segments to analyze the trends, developments, and forecast of market size up to 2027.

=> Comprehensive analysis of the companies operating in this market. The company profile includes an analysis of the product portfolio, revenue, SWOT analysis, and the latest developments of the company.

=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus on to invest, consolidate, expand, and/or diversify.

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About Infinium Global Research:

Infinium Global Research is a business consulting and market research firm; a group of experts that caters to fulfilling business and market research needs of leading companies in various industry verticals and business segments. The company also serves government bodies, institutes, and non-profit/non-government organizations to meet their knowledge and information needs.

Through our information services and solutions, we assist our clients to improve their performance and assess the market conditions to achieve their organizational goals. Our team of experts and analysts are engaged in continuously monitoring and assessing the market conditions to provide knowledge support to our clients. To help our clients and to stay updated with the advances and inventions in technology, business processes, regulations, and the environment, Infinium often conducts regular meets with industry experts and opinion leaders. Our key opinion leaders are involved in monitoring and assessing the progress in the business environment, so as to offer the best opinion to our clients.

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