Database Security Market Is Growing Rapidly with Significant Growth by 2031 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.A database security solution helps to ensure the security of data included in databases, database management systems, and database servers. Increase in digitization and adoption of cloud-based database monitoring and data loss services in different industries to ensure the security of operational and confidential data of an enterprise is expected to fuel the adoption of database security market in various industries during the forecast period. Global Database Security Market: Key Drivers Adoption of sophisticated database security solutions in various industries is increasing consistently to improve the security of confidential and private data of organizations from cyber-attacks. By exploring AI and ML technologies, hackers initiate sophisticated cyber-attacks, which remains undetected sometimes. The need to protect the personal information of staff, users, and subscribers from these type of cyber-attacks is estimated to boost the database security market. Request Brochure- https://www.transparencymarketresearch.com/sample/sample.php? flag=B&rep_id=84189 Growing demand for database security tools in enterprises can be attributed to the need to protect legacy database of old software and hardware which cannot be refurbished. A company cannot secure the server database due to continuous changes made in the server. Hence, database security tools are a prominent option for database security. This factor is projected to fuel the demand for database security during the forecast period Rise in demand for datasecurity solutions from governments and the e-commerce sector to ensure the security of data from cyber-attacks and threats is anticipated to boost the demand for database security during the forecast period However, high installation cost of database security solutions in IT security operations in various organizations is expected to hamper the database security market. Lack of awareness about multi-layered security solutions among enterprises further hinders the database security market Nevertheless, increasing acquisitions in the database security market generates significant opportunities for the growth of the market Enquiry Before Buying- https://www.transparencymarketresearch.com/sample/sample.php? flag=EB&rep_id=84189 Impact of COVID-19 on the Global Database Security Market
The COVID-19 pandemic has had a severe impact on various industries across the globe, which has resulted in economic slowdown in most countries. Thus, it also has had a high impact on governments and corporate firms, which resulted in temporary and permanent closure of enterprises during the pandemic situation.
Most companies have adopted the work from home culture due to the pandemic, for which companies need to provide a more secure way of communication to every employee working from a different location. Most companies are facing issues and struggling to deliver data in a secure manner due to the work from home trend.
Hence, it is essential to adopt database security solutions in a company, for secure transmission of data.
Therefore, COVID-19 has advanced the database security market during the lockdown situation
North America to Hold Major Share of Global Database Security Market
In terms of region, the global database security market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America
North America is a prominent region of the global market due to the extensive presence of database security solution providers, and rise in investments by well-established IT firms in the U.S. and Canada in research and development which is expected to fuel the demand for database security in the region
Growing penetration of e-commerce companies in Asia Pacific which rapidly expands internetbased services along with real-time access is anticipated to boost the demand for database security in the region
Rising number of cybercrimes and data breach activities in Europe is expected to drive the demand for database security in the region
Rise in adoption of Bring your own Device (BYOD) services in Middle East & Africa is expected to boost the demand for database security in the region during the forecast period
Increase in adoption of advanced technologies such as AI, ML, and analytics in South America is leading to focus on database security, which is projected to boost the demand for database security in the region
Request For Customization- https://www.transparencymarketresearch.com/sample/sample.php? flag=CR&rep_id=84189 Global Database Security Market: Competition Landscape
Several prominent players operating in the database security market have strong presence in the market and are witnessing rapid technological development
In March 2021, Fortinet, Inc., a key player of the database security market, acquired ShieldX, a network and cloud security provider to strengthen the portfolio of the network security sector.
In June 2020, Microsoft Corporation, a key player of the database security market, entered into partnership with SAS to provide SAS industry security solutions to clients via cloud
Key Players Operating in Global Database Security Market Include:
Alibaba Cloud International
Cylance Inc.
Cloudera, Inc.
Huawei Technologies Co., Ltd.
International Business Machines Corporation
Intel Corporation
Fortinet, Inc.
Oracle Corporation
OneNeck IT Solutions LLC
Microsoft Corporation
Micro Focus International plc
McAfee, LLC
Sophos Ltd.
Symantec Corporation
Thales Group
More Trending Reports by Transparency Market Research – Cyber Security as a Service Market : Cyber security as a service or CSaaS is a service that safeguards and protects a company's information system from terrorism and warfare espionage. Instead of in-house employees, many companies choose to outsource these services. Outsourcing these services is affordable than hiring employees for the same. Thus, the benefits associated with the adoption of these systems will bring profitable growth for the cyber security as a service market. About Us Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information. Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports. Contact Rohit Bhisey Transparency Market Research
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