The extensive usage of mobile devices, social media, and virtual storage among organizations and consumers has generated huge data which is vulnerable to loss. Such sensitive information is stored in the form of database and is warehoused in data centers or in virtual storages. Furthermore, companies store these databases in heterogeneous environments, ranging from business networks to diverse type of clouds. However, this vast and sensitive information is vulnerable to loss and breaches with the rising number of cyber-attacks. Thus, this encourages organizations to adopt robust database encryption software that offers multilevel encryption, regardless of the heterogeneous environment.
Database Encryption Market was valued at USD 795.35 million in 2019 and is projected to reach USD 5738.37 million by 2027, growing at a CAGR of 30% from 2021 to 2027.
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Key market players
Major competitors identified in this market include IBM, Symantec Corporation, Intel Security (Mcafee), Microsoft, Oracle, Netapp, Hewlett-Packard Company, Vormetric, Sophos Ltd, Gemalto, etc.
Based on the Type:
- Transparent Encryption
- Column-level Encryption
- File-system Encryption
- Application- Level Encryption
- Key Management
Based on the Application:
- SMBs
- Enterprises
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Scope of the Report
The research study analyzes the global Database Encryption industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Database Encryption Market Report
1. What was the Database Encryption Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Database Encryption Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Database Encryption Market was the market leader in 2018?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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