Global Database Security Market is expected to reach US$ 16.60 Billion by 2026 from US$ 2.82 Billion in 2016 at a CAGR of 19.4%.
Database security market based on component, business functions, deployment model, organization size, industry vertical and geography. On the basis of the component, Database Security Market is classified by software and service. Software sub-segment had the largest market size for 2016 and is projected to grow at a high CAGR during the forecast period. Based on business function, Database Security Market is divided into marketing, sales, finance, operations, and others. Finance segment had the largest market share in 2016 and is projected to grow at a high CAGR during the forecast period as finance area of business carries most valuable and sensitive information about the organization. Among organizations types, large enterprises held the largest market size with increased awareness of valuable information protection and data security in large enterprises. The BFSI segment among end-user segment is projected to grow at a higher CAGR during the forecast period. This can be because of critical financial data, personal information and credit scores that need to be kept protected from cyber-attacks. Major driving factors of Database Security Market are data security is becoming the major issue for businesses and organizations hence data security is becoming more important in business operations, increasing threats such as DoS attacks, SQL injections, and malware attacks, and rising demand for the security solutions. On the basis of geography, Database Security Market is segmented by North America, Europe, Asia Pacific, and Latin America. North America had the largest market in 2016 with Asia Pacific monitoring growth with highest CAGR during the forecast period. The rising number of cyber-attacks, as well as online storage of large databases, have further enhanced demand for the database security market. Key player’s studies, analyzed, profiled and benchmarked in Database Security Market are IBM Corporation (US), Thales e-Security (France), McAfee, LLC (US), Oracle Corporation (US), Trustwave Holdings, Inc. (US), Fortinet, Inc. (US), Micro Focus (UK), Innovative Routines International (US), Imperva (US), Gemalto NV (Netherlands), HexaTier (Israel), and Protegrity USA, Inc. (US).
The Scope of Report Database Security Market:
Global Database Security Market, by Component:
• Software • Services
Global Database Security Market, by Business Functions:
• Marketing • Sales • Operations • Finance • Others
Global Database Security Market, by Deployment Model:
• On-premises • Cloud
Global Database Security Market, by Organization Size:
• SME’s • Large enterprises
Global Database Security Market, by Industry Vertical:
• Banking, Financial Services, and Insurance • Retail and eCommerce • Government and Defense • Healthcare and Life Sciences • Manufacturing • Telecommunications and IT • Energy and Utilities • Media and Entertainment • Others
Global Database Security Market, by Geography:
• North America • Europe • Asia Pacific • Middle East & Africa • Latin America
Key Players, Global Database Security Market:
• IBM Corporation (US) • Thales e-Security (France) • McAfee, LLC (US) • Oracle Corporation (US) • Trustwave Holdings, Inc. (US) • Fortinet, Inc. (US) • Micro Focus (UK) • Innovative Routines International (US) • Imperva (US) • Gemalto NV (Netherlands) • HexaTier (Israel) • Protegrity USA, Inc. (US).
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