Global Database Encryption Market – Industry Trends and Forecast to 2029

Market Analysis and Insights Global Database Encryption Market

Data Bridge Market Research analyses that the database encryption market will exhibit a CAGR of 25.49% for the forecast period of 2022-2022 and is expected to reach the market value of USD 7,658.55 million by 2029.

Database encryption is a method of exploitation encryption cryptography techniques to convert plain text on an information into cipher text to secure the uprightness of the organization's information. Some ways and theories are often applied in encryption of data. These algorithms have certain keys that function an affiliation between the info that's encrypted and plain text in which the information was originally present.

The rising number of public database breaches is the major factor accelerating the growth of the database encryption market. Furthermore, scalability, ease of placement, and flexibility associated with database encryption solutions and increasing adoption of the cloud-based database, BYOD, and mobility services are also expected to drive the growth of the database encryption market. However, high cost and the implementation of these database encryption solutions restrains the database encryption market, whereas, special knowledge and skill is required and due to lack of this expertise among technicians or operators will challenge market growth.

In addition, advanced industrial IOT, advanced artificial intelligence, latest computer vision, and proper machine learning will create ample opportunities for the database encryption market.

This database encryption market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on database encryption market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Global Database encryption market Scope and Market Size

The database encryption market is segmented on the basis of database encryption type, database operational models, deployment type, end user & verticals. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.

• On the basis of database encryption type, the database encryption market is segmented into transparent encryption, column-level encryption, file-system encryption, application- level encryption, key management.
• On the basis of database operational models, the database encryption market is segmented into data-at-rest, data-in-motion.
• On the basis of deployment type, the database encryption market is segmented into on-premises, cloud.
• On the basis of end user, the database encryption market is segmented into SMBs, enterprises.
• On the basis of verticals, the database encryption market is segmented into IT & telecom, banking, financial services, and insurance (BFSI), healthcare, retail and e-commerce, government & public sectors, aerospace & defense, others.

Database Encryption Market Country Level Analysis

The database encryption market is segmented on the basis of database encryption type, database operational models, deployment type, end user & verticals.

The countries covered in the database encryption market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the database encryption market and will continue to flourish its trend of dominance during the forecast period due to the rising demand for cloud services & solutions in this region. Asia-Pacific will however, register the highest CAGR for this period due to the increasing adoption of these database encryption solutions in small and medium scale enterprises in developing economies.

The country section of the database encryption market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Database Encryption Market Share Analysis

The database encryption market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points are only related to the companies’ focus on the database encryption market.

The major players operating in the database encryption market report are Microsoft Corporation, Bloombase, Symantec, Intel Security, EMC Corporation, Amazon Web Services Inc., Check Point Software Technologies, Cisco System Inc., F-Secure, Fortinet Inc., IBM Corporation, Oracle Corporation, Palo Alto Networks Inc., WinMagic Inc., and Trend Micro Incorporated among other.

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