Database security is a set of protocols which helps to protect data of organizations from unauthorised access and protects the confidential data from assaults and threats.
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Database Security Market.docx
1. Database SecurityMarket Is GrowingRapidly with SignificantGrowthby 2031
Database securityisa setof protocolswhichhelpstoprotectdata of organizationsfromunauthorised
access andprotectsthe confidential datafromassaultsandthreats.A database securitysolutionhelpsto
ensure the securityof dataincludedindatabases, database managementsystems,anddatabase
servers. Increase indigitizationandadoptionof cloud-baseddatabase monitoringanddatalossservices
indifferentindustriestoensure the securityof operational andconfidential dataof anenterprise is
expectedtofuel the adoptionof database securitymarket invariousindustriesduringthe forecast
period.
Global Database Security Market: Key Drivers
Adoptionof sophisticateddatabase securitysolutionsinvariousindustriesisincreasingconsistentlyto
improve the securityof confidential andprivate dataof organizationsfromcyber-attacks.Byexploring
AI andML technologies,hackersinitiate sophisticatedcyber-attacks,whichremainsundetected
sometimes.The needtoprotectthe personal informationof staff,users,andsubscribersfromthese
type of cyber-attacksisestimatedto boostthe database securitymarket.
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Growingdemandfordatabase securitytoolsinenterprisescanbe attributedtothe needtoprotect
legacydatabase of oldsoftware andhardware whichcannotbe refurbished.A companycannotsecure
the serverdatabase due to continuouschangesmade inthe server.Hence,database securitytoolsare a
prominentoptionfordatabase security.Thisfactorisprojectedtofuel the demandfordatabase security
duringthe forecastperiod
Rise indemandfordatasecuritysolutionsfromgovernmentsandthe e-commercesectortoensure the
securityof data fromcyber-attacksandthreatsis anticipatedtoboostthe demandfordatabase security
duringthe forecastperiod
However,highinstallationcostof database securitysolutionsinITsecurityoperationsinvarious
organizationsisexpectedto hamperthe database securitymarket.
Lack of awarenessaboutmulti-layeredsecuritysolutionsamongenterprisesfurtherhindersthe
database securitymarket
Nevertheless,increasingacquisitionsinthe database securitymarketgeneratessignificantopportunities
for the growthof the market
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Impact ofCOVID-19 on the Global Database SecurityMarket
The COVID-19 pandemichashada severe impactonvariousindustriesacrossthe globe,which
has resultedineconomicslowdowninmostcountries.Thus,italsohashad a highimpacton
governmentsandcorporate firms,whichresultedintemporaryandpermanentclosure of
enterprisesduringthe pandemicsituation.
2. Most companieshave adoptedthe workfromhome culture due tothe pandemic,forwhich
companiesneedtoprovide amore secure wayof communicationtoeveryemployeeworking
froma differentlocation.Mostcompaniesare facingissuesandstrugglingtodeliverdataina
secure mannerdue to the workfrom home trend.
Hence,itis essentialtoadoptdatabase securitysolutionsinacompany,forsecure transmission
of data.
Therefore,COVID-19hasadvancedthe database securitymarketduringthe lockdownsituation
North America to Hold Major Share of Global Database Security Market
In termsof region,the global database securitymarketcanbe dividedintoNorthAmerica,
Europe,AsiaPacific,Middle East& Africa,andSouthAmerica
NorthAmericaisa prominentregionof the global marketdue tothe extensive presence of
database securitysolutionproviders,andrise ininvestmentsbywell-establishedITfirmsinthe
U.S. and Canadain researchanddevelopmentwhichisexpectedtofuel the demandfor
database securityinthe region
Growingpenetrationof e-commerce companiesinAsiaPacificwhichrapidlyexpandsinternet-
basedservicesalongwithreal-timeaccessisanticipatedtoboostthe demandfordatabase
securityinthe region
Risingnumberof cybercrimesanddatabreachactivitiesinEurope isexpectedtodrive the
demandfordatabase securityinthe region
Rise inadoptionof Bringyour ownDevice (BYOD) servicesinMiddle East&Africais expectedto
boostthe demandfor database securityinthe regionduringthe forecastperiod
Increase inadoptionof advancedtechnologiessuchasAI,ML, and analyticsinSouthAmericais
leadingtofocuson database security, whichisprojectedtoboostthe demandfordatabase
securityinthe region
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Global Database Security Market: CompetitionLandscape
Several prominentplayersoperatinginthe database securitymarkethave strongpresence in
the marketand are witnessingrapidtechnological development
In March 2021, Fortinet,Inc.,a keyplayerof the database securitymarket,acquiredShieldX,a
networkandcloudsecurityprovidertostrengthenthe portfolioof the networksecuritysector.
In June 2020, MicrosoftCorporation,a keyplayerof the database securitymarket,enteredinto
partnershipwithSAStoprovide SASindustrysecuritysolutionstoclientsviacloud
Key PlayersOperating inGlobal Database SecurityMarket Include:
AlibabaCloudInternational
3. Cylance Inc.
Cloudera,Inc.
Huawei TechnologiesCo.,Ltd.
International BusinessMachinesCorporation
Intel Corporation
Fortinet,Inc.
Oracle Corporation
OneNeckITSolutionsLLC
MicrosoftCorporation
Micro Focus International plc
McAfee,LLC
SophosLtd.
SymantecCorporation
ThalesGroup
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Cyber Securityas a Service Market : Cybersecurityas a service orCSaaS isa service thatsafeguardsand
protectsa company'sinformationsystemfromterrorismandwarfare espionage.Insteadof in-house
employees,manycompanieschoose tooutsource these services.Outsourcingtheseservicesis
affordable thanhiringemployeesforthe same.Thus,the benefitsassociatedwiththe adoptionof these
systemswill bringprofitablegrowthforthe cybersecurityasa service market.
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