Database security is a critical element of overall IT security, and yet it is often overlooked. Organizations large and small can benefit from taking a holistic approach to protecting their data. Today's businesses are increasingly reliant on databases for storing vital information. As such, it's more important than ever to ensure that this data is secure from unauthorized access and manipulation.
The current major drivers for the global database security market are regulatory compliance and the need to safeguard sensitive records and systems. The most important element of security is protecting against unauthorized access because it represents a threat not just to an individual, but also to the entire organization where the system resides. Organizations are spending substantial amounts on securing their databases that house protected data. Databases are being increasingly held responsible for larger amounts of data within their ecosystem. As a result, unauthorized access to the database environment can lead to loss of business operations, customer relations, reputation, and revenue. Database security is thus gaining more focus in the modern world because of availability of high-end technologies for information storage and retrieval, higher dependency on data integrity through efficient databases, increased risks from cyber-attacks, and stringent compliance regulations.
Stringent Regulatory Framework Drives Database Security Market
One of the major drivers of the database security database security market is many industries are now required to comply with various regulations that address information security, including Health Insurance Portability and Accountability Act (HIPAA), Gramm–Leach–Bliley Act (GLBA), Payment Card Industry Data Security Standard (PCI-DSS), Federal Financial Institutions Examination Council (FFIEC), and Sarbanes–Oxley Act (SOX). Another factor that is driving the demand for database security solutions is the increasing concern over data privacy. With the proliferation of databases in various sectors, such as financial services, healthcare, retail, e-commerce, telecommunications, and insurance, the protection of data is growing more important, which reinforces the demand for database security solutions.
Since most of companies across different domain such as healthcare, finance, telecom, and manufacturing are connected to internet, the global database security market is expected to witness a healthy growth during forecast period. The primary goal of database security is to protect critical information assets in databases against threats such as unauthorized access, disclosure, modification, or destruction. The types of threats range from manipulation of data by authorized parties to intentional or accidental actions that cause loss or destruction of data. The threats can be from external or internal sources, and they can occur in real time or in the past.
Database security solutions are used to protect databases from unauthorized access, disclosure, modification, or destruction of data. These solutions include methods such as user authentication, authorization, and access control; encryption of data; and audit trails. user authentication, authorization, and access control ensure that only authorized users can access the data. Encryption of data makes the data unreadable without the proper key or password. Audit trails are used to track all user activity in the database and can be used to help determine who caused a security breach.
High Implementation Cost to Hamper Growth of Database Security Market
The major factors restraining the growth of this market are high implementation costs and lack of training. In addition, companies face challenges in implementing a centralized and standardized security model across the enterprise. Furthermore, traditional intrusion detection and prevention systems (IDS/IPS) are ineffective against modern cyber-attacks such as advanced persistent threats (APT). These factors increase demand for more advanced solutions that can meet these challenges. The demand for advanced database security solutions is further increasing due to an increased dependency on data integrity through efficient databases and increased risks from cyber-attacks.
In order to preserve competitive advantage, organizations are focusing on implementing advanced security solutions that can enable them to identify the first indicators of a threat and protect against advanced attacks. The demand for next-generation database security solutions is also increasing due to the demand to protect expanding databases against cyber-attacks, which are becoming more sophisticated and difficult to detect.
SMEs to Witness Fastest Growth in Database Security Market
Database security is a set of measures that ensures the confidentiality, integrity and availability of an organization's databases. Organizations need to ensure that their databases keep with them valuable assets, both in terms of financial information as well as sensitive business data. In addition, most organizations have regulations they need to abide by, requiring them to protect certain types of data.
Small and medium-sized businesses (SMEs) are the backbone of the global economy. They account for more than 60% of all jobs in the world, and more than 70% of businesses in many countries. In addition, SMEs contribute more than 50% of GDP in most economies. Despite their importance, SMEs often lag behind larger businesses in terms of adoption of best practices, including the use of database security measures. Database security is critical for all businesses, but it is especially important for SMEs. Hackers often target smaller businesses because they are seen as easier targets than large organizations. In addition, a data breach can be devastating for a small business, given its small size and financial resources. As a result, SMEs end-up spending high amount on data security, adopt best practices to ensure their databases are protected, and secure funding to implement database security measures.
North America to Dominate Database Security Market
The North American market for database security is expected to grow rapidly as companies become increasingly concerned about data security. As businesses recognize the increasing importance of protecting their data, spending on database security solutions will increase significantly over the next few years. With the US being the largest market for database security in North America, companies are rapidly deploying new solutions to improve data protection. Cybercriminals pose a serious threat to businesses across the globe, and this is one of the major factors driving growth in the North American database security market. The rise in cybercrimes has forced businesses to take stringent measures to protect their data, and this is expected to drive demand for database security solutions in the region.
Database security is one of the most important aspects of information technology, and it is no surprise that the North American region is the largest database security market. The US and Canada are both major markets for database security, and with the increasing number of data breaches and cyberattacks, businesses are increasingly looking to protect their data with the best possible security solutions. Database security is a critical issue for businesses of all sizes, and the market is growing rapidly as more and more companies recognize the importance of protecting their data. North American region is well ahead of the rest of the world in terms of database security spending, and this trend is likely to continue in the years to come. Wherein, the US is the largest market for database security, and businesses in the country are spending billions of dollars on security solutions. The Canadian market is also growing rapidly, and businesses in Canada are investing heavily in database security solutions.
Global Database Security Market: Key Players
Some of the major players in the database security market are Symantec Corporation and Trend Micro, Inc., IBM (US), Cisco Systems, Inc., Oracle (US), Fireeye, Inc. Trustwave (US), Fortinet (US), Hewlett Packard Enterprise Development LP, McAfee (US), and Intel Corporation.
Regional Classification of Global Database Security Market Can be Given as Below:
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
*Regions and countries are subject to change based on data availability.
Key Elements Included In The Study: Global Database Security Market
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1. Executive Summary
1.1. Global Database Security Market: Snapshot
1.2. Future Projections, 2023 - 2030, (US$ Mn)
1.3. Key Segment Analysis and Competitive Insights
1.4. Premium Insights
2. Market Overview
2.1. Market Definitions and Segmentation
2.2. Market Dynamics
2.2.1. Driver
2.2.2. Restraint
2.2.3. Industry Challenges & Opportunities
2.3. Market Forces Analysis
2.3.1. Value Chain Analysis
2.3.2. Porters Five Forces Analysis
2.4. Challenges and Solutions
2.5. Supply Chain Impact Analysis
2.6. COVID-19 Impact Analysis
2.6.1. Pre and Post Covid-19 Analysis
2.7. Regulatory Scenario
2.8. Economic Analysis
3. Global Database Security Market Outlook, 2019 - 2030
3.1. Global Database Security Market Outlook, by Component, Value (US$ Mn), 2019 - 2030
3.1.1. Key Highlights
3.1.2. Solution
3.1.3. Services
3.2. Global Database Security Market Outlook, by Business Function, Value (US$ Mn), 2019 - 2030
3.2.1. Key Highlights
3.2.1.1. Finance
3.2.1.2. Operations
3.2.1.3. Sales
3.2.1.4. Marketing
3.3. Global Database Security Market Outlook, by Organization Size, Value (US$ Mn), 2019 - 2030
3.3.1. Key Highlights
3.3.1.1. Large Enterprises
3.3.1.2. SMEs
3.4. Global Database Security Market Outlook, by Verticals, Value (US$ Mn), 2019 - 2030
3.4.1. Key Highlights
3.4.1.1. Manufacturing
3.4.1.2. Energy & Utilities
3.4.1.3. Retail
3.4.1.4. Healthcare and Life Sciences
3.4.1.5. Banking, Financial Services, and Insurance
3.4.1.6. Government and Public safety
3.4.1.7. Transportation and Logistics
3.4.1.8. Aerospace & Defense
3.4.1.9. Media & Entertainment
3.4.1.10. Misc.
3.5. Global Database Security Market Outlook, by Deployment Mode, Value (US$ Mn), 2019 - 2030
3.5.1. Key Highlights
3.5.1.1. Cloud
3.5.1.2. On-premises
3.6. Global Database Security Market Outlook, by Region, Value (US$ Mn), 2019 - 2030
3.6.1. Key Highlights
3.6.1.1. North America
3.6.1.2. Europe
3.6.1.3. Asia Pacific
3.6.1.4. Latin America
3.6.1.5. Middle East & Africa
3.6.2. Market Attractiveness Analysis
4. North America Database Security Market Outlook, 2019 - 2030
4.1. North America Database Security Market Outlook, by Component, Value (US$ Mn), 2019 - 2030
4.1.1. Key Highlights
4.1.2. Solution
4.1.3. Services
4.2. North America Database Security Market Outlook, by Business Function, Value (US$ Mn), 2019 - 2030
4.2.1. Key Highlights
4.2.1.1. Finance
4.2.1.2. Operations
4.2.1.3. Sales
4.2.1.4. Marketing
4.3. North America Database Security Market Outlook, by Organization Size, Value (US$ Mn), 2019 - 2030
4.3.1. Key Highlights
4.3.1.1. Large Enterprises
4.3.1.2. SMEs
4.4. North America Database Security Market Outlook, by Verticals, Value (US$ Mn), 2019 - 2030
4.4.1. Key Highlights
4.4.1.1. Manufacturing
4.4.1.2. Energy & Utilities
4.4.1.3. Retail
4.4.1.4. Healthcare and Life Sciences
4.4.1.5. Banking, Financial Services, and Insurance
4.4.1.6. Government and Public safety
4.4.1.7. Transportation and Logistics
4.4.1.8. Aerospace & Defense
4.4.1.9. Media & Entertainment
4.4.1.10. Misc.
4.5. North America Database Security Market Outlook, by Deployment Mode, Value (US$ Mn), 2019 - 2030
4.5.1. Key Highlights
4.5.1.1. Cloud
4.5.1.2. On-premises
4.6. North America Database Security Market Outlook, by Country, Value (US$ Mn), 2019 - 2030
4.6.1. Key Highlights
4.6.1.1. U.S.
4.6.1.2. Canada
5. Europe Database Security Market Outlook, 2019 - 2030
5.1. Europe Database Security Market Outlook, by Component, Value (US$ Mn), 2019 - 2030
5.1.1. Key Highlights
5.1.2. Solution
5.1.3. Services
5.2. Europe Database Security Market Outlook, by Business Function, Value (US$ Mn), 2019 - 2030
5.2.1. Key Highlights
5.2.1.1. Finance
5.2.1.2. Operations
5.2.1.3. Sales
5.2.1.4. Marketing
5.3. Europe Database Security Market Outlook, by Organization Size, Value (US$ Mn), 2019 - 2030
5.3.1. Key Highlights
5.3.1.1. Large Enterprises
5.3.1.2. SMEs
5.4. Europe Database Security Market Outlook, by Verticals, Value (US$ Mn), 2019 - 2030
5.4.1. Key Highlights
5.4.1.1. Manufacturing
5.4.1.2. Energy & Utilities
5.4.1.3. Retail
5.4.1.4. Healthcare and Life Sciences
5.4.1.5. Banking, Financial Services, and Insurance
5.4.1.6. Government and Public safety
5.4.1.7. Transportation and Logistics
5.4.1.8. Aerospace & Defense
5.4.1.9. Media & Entertainment
5.4.1.10. Misc.
5.5. Europe Database Security Market Outlook, by Deployment Mode, Value (US$ Mn), 2019 - 2030
5.5.1. Key Highlights
5.5.1.1. Cloud
5.5.1.2. On-premises
5.6. Europe Database Security Market Outlook, by Country, Value (US$ Mn), 2019 - 2030
5.6.1. Key Highlights
5.6.1.1. Germany
5.6.1.2. France
5.6.1.3. U.K.
5.6.1.4. Italy
5.6.1.5. Rest of Europe
5.6.2. BPS Analysis/Market Attractiveness Analysis
6. Asia Pacific Database Security Market Outlook, 2019 - 2030
6.1. Asia Pacific Database Security Market Outlook, by Component, Value (US$ Mn), 2019 - 2030
6.1.1. Key Highlights
6.1.2. Solution
6.1.3. Services
6.2. Asia Pacific Database Security Market Outlook, by Business Function, Value (US$ Mn), 2019 - 2030
6.2.1. Key Highlights
6.2.1.1. Finance
6.2.1.2. Operations
6.2.1.3. Sales
6.2.1.4. Marketing
6.3. Asia Pacific Database Security Market Outlook, by Organization Size, Value (US$ Mn), 2019 - 2030
6.3.1. Key Highlights
6.3.1.1. Large Enterprises
6.3.1.2. SMEs
6.4. Asia Pacific Database Security Market Outlook, by Verticals, Value (US$ Mn), 2019 - 2030
6.4.1. Key Highlights
6.4.1.1. Manufacturing
6.4.1.2. Energy & Utilities
6.4.1.3. Retail
6.4.1.4. Healthcare and Life Sciences
6.4.1.5. Banking, Financial Services, and Insurance
6.4.1.6. Government and Public safety
6.4.1.7. Transportation and Logistics
6.4.1.8. Aerospace & Defense
6.4.1.9. Media & Entertainment
6.4.1.10. Misc.
6.5. Asia Pacific Database Security Market Outlook, by Deployment Mode, Value (US$ Mn), 2019 - 2030
6.5.1. Key Highlights
6.5.1.1. Cloud
6.5.1.2. On-premises
6.6. Asia Pacific Database Security Market Outlook, by Country, Value (US$ Mn), 2019 - 2030
6.6.1. Key Highlights
6.6.1.1. China
6.6.1.2. Japan
6.6.1.3. South Korea
6.6.1.4. India
6.6.1.5. Rest of Asia Pacific
6.6.2. BPS Analysis/Market Attractiveness Analysis
7. Latin America Database Security Market Outlook, 2019 - 2030
7.1. Latin America Database Security Market Outlook, by Component, Value (US$ Mn), 2019 - 2030
7.1.1. Key Highlights
7.1.2. Solution
7.1.3. Services
7.2. Latin America Database Security Market Outlook, by Business Function, Value (US$ Mn), 2019 - 2030
7.2.1. Key Highlights
7.2.1.1. Finance
7.2.1.2. Operations
7.2.1.3. Sales
7.2.1.4. Marketing
7.3. Latin America Database Security Market Outlook, by Organization Size, Value (US$ Mn), 2019 - 2030
7.3.1. Key Highlights
7.3.1.1. Large Enterprises
7.3.1.2. SMEs
7.4. Latin America Database Security Market Outlook, by Verticals, Value (US$ Mn), 2019 - 2030
7.4.1. Key Highlights
7.4.1.1. Manufacturing
7.4.1.2. Energy & Utilities
7.4.1.3. Retail
7.4.1.4. Healthcare and Life Sciences
7.4.1.5. Banking, Financial Services, and Insurance
7.4.1.6. Government and Public safety
7.4.1.7. Transportation and Logistics
7.4.1.8. Aerospace & Defense
7.4.1.9. Media & Entertainment
7.4.1.10. Misc.
7.5. Latin America Database Security Market Outlook, by Deployment Mode, Value (US$ Mn), 2019 - 2030
7.5.1. Key Highlights
7.5.1.1. Cloud
7.5.1.2. On-premises
7.6. Latin America Database Security Market Outlook, by Country, Value (US$ Mn), 2019 - 2030
7.6.1. Key Highlights
7.6.1.1. Brazil
7.6.1.2. Mexico
7.6.1.3. Rest of Latin America
7.6.2. BPS Analysis/Market Attractiveness Analysis
8. Middle East & Africa Database Security Market Outlook, 2019 - 2030
8.1. Middle East & Africa Database Security Market Outlook, by Component, Value (US$ Mn), 2019 - 2030
8.1.1. Key Highlights
8.1.2. Solution
8.1.3. Services
8.2. Middle East & Africa Database Security Market Outlook, by Business Function, Value (US$ Mn), 2019 - 2030
8.2.1. Key Highlights
8.2.1.1. Finance
8.2.1.2. Operations
8.2.1.3. Sales
8.2.1.4. Marketing
8.3. Middle East & Africa Database Security Market Outlook, by Organization Size, Value (US$ Mn), 2019 - 2030
8.3.1. Key Highlights
8.3.1.1. Large Enterprises
8.3.1.2. SMEs
8.4. Middle East & Africa Database Security Market Outlook, by Verticals, Value (US$ Mn), 2019 - 2030
8.4.1. Key Highlights
8.4.1.1. Manufacturing
8.4.1.2. Energy & Utilities
8.4.1.3. Retail
8.4.1.4. Healthcare and Life Sciences
8.4.1.5. Banking, Financial Services, and Insurance
8.4.1.6. Government and Public safety
8.4.1.7. Transportation and Logistics
8.4.1.8. Aerospace & Defense
8.4.1.9. Media & Entertainment
8.4.1.10. Misc.
8.5. Middle East & Africa Database Security Market Outlook, by Deployment Mode, Value (US$ Mn), 2019 - 2030
8.5.1. Key Highlights
8.5.1.1. Cloud
8.5.1.2. On-premises
8.6. Middle East & Africa Database Security Market Outlook, by Country, Value (US$ Mn), 2019 - 2030
8.6.1. Key Highlights
8.6.1.1. GCC
8.6.1.2. South Africa
8.6.1.3. Rest of Middle East & Africa
8.6.2. BPS Analysis/Market Attractiveness Analysis
9. Competitive Landscape
9.1. Company Market Share Analysis, 2022
9.2. Competition Matrix (By Tier and Size of companies)
9.3. Strategic Collaborations
9.3.1. Joint Ventures
9.3.2. Mergers & Acquisitions
9.4. Company Profiles
9.4.1. Huawei
9.4.1.1. Company Overview
9.4.1.2. Product Portfolio
9.4.1.3. Financial Overview
9.4.1.4. Business Strategies and Development
(*Note: Above details would be available for below list of companies based on availability)
9.4.2. ORACLE
9.4.3. IBM
9.4.4. Microsoft Corporation
9.4.5. Fortinet
9.4.6. Cloudera
9.4.7. Amazon Web Services
9.4.8. IRI
9.4.9. Thales Group
9.4.10. Tencent
9.4.11. McAfee Corp.
9.4.12. Imperva
9.4.13. Micro Focus International plc
10. Appendix
10.1. Acronyms and Abbreviations
10.2. Research Scope & Assumptions
10.3. Research Methodology and Information Sources
BASE YEAR |
HISTORICAL DATA |
FORECAST PERIOD |
UNITS |
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2022 |
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2019 - 2022 |
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2023 - 2030 |
Value: US$ Mn Volume: Tons |
REPORT FEATURES |
DETAILS |
Component Coverage |
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Business Function Coverage |
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Organization Size Coverage |
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Vertical Coverage |
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Deployment Mode Coverage |
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