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Global Database Security Market Size, Trends, and Growth Opportunity, By Component (Software and Services), Business Function (Marketing, Sales, Finance, Operations, and Others), Deployment Model (On-Premises and Cloud), Organization Size (Small and Medium-Sized Enterprises and Large Enterprises), Vertical (Banking, Financial Services, and Insurance, Telecommunications and IT, Government and Defense, Manufacturing, Healthcare and Life Sciences, Retail and E-commerce, Energy and Utilities, Media and Entertainment, and Others) By Region and forecast till 2027.


Report ID : IR1001888 | Industries : Energy & Power | Published On :June 2024 | Page Count : 123

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  • Global Database Security Market Size, Trends, and Growth Opportunity, By Component (Software and Services), Business Function (Marketing, Sales, Finance, Operations, and Others), Deployment Model (On-Premises and Cloud), Organization Size (Small and Medium-Sized Enterprises and Large Enterprises), Vertical (Banking, Financial Services, and Insurance, Telecommunications and IT, Government and Defense, Manufacturing, Healthcare and Life Sciences, Retail and E-commerce, Energy and Utilities, Media and Entertainment, and Others) By Region and forecast till 2027.
    Global Database Security Market
    Global Database Security Market was valued at USD 6.3 billion in 2021 and is slated to reach USD 13.5 billion by 2027 at a CAGR of 13.54 % from 2022-2027.
    Database security is a set of protocols used to secure a database, protect it from attacks, and prevent unauthorized access, illegal usage, and threats. Database security executes numerous commands to ensure the security and privacy of an organization's data. It provides data security for data stored in databases, database management systems, database servers, and other workflow applications.
    Market Drivers
    One of the major factors expected to drive the database security market is the requirement for numerous industries to comply with numerous regulations addressing information security, such as the Gramm-Leach-Bliley Act (GLBA), the Health Insurance Portability and Accountability Act (HIPAA), the Payment Card Industry Data Security Standard (PCI-DSS), the Examination Council (FFIEC), Federal Financial Institutions, and the Sarbanes-Oxley Act (SOX). The major factor that is likely to increase demand for database security solutions is organizations' growing concern about data privacy. With the proliferation of databases in many industries, including retail, e-commerce, telecommunications, financial services, healthcare, and insurance, data protection is becoming increasingly important, driving demand for database security solutions in global markets.
    Market Restraints
    Because of the integration of high-quality hardware, the initial investment and maintenance costs of employing database security systems are high. Due to budget constraints, SMEs are hesitant to adopt newer technologies and prefer to stick with traditional security software. Furthermore, organizations prioritize the security of only critical servers and pay little attention to resting data in the database. As a result, a lack of adequate budget remains a major concern for database security professionals to carry out their IT security operations effectively.
    Impact of COVID-19
    An increase in the amount of data stored in the cloud as a result of the quick digital transformation strategies adopted in response to COVID-19 has resulted in additional performance, availability, security, and increased IT cost issues, necessitating the use of Database Security solutions and services. The importance of centrally managing numerous cloud resources has grown among organizations as a result of COVID-19. This has led to a rise in the significance of database security. Due to advantages like scalability, pay-as-you-go, and the use of outside expertise, cloud-based Database Security products and services were in high demand during the pandemic. As long as the majority of companies continue to employ WFH and hybrid work models, there will likely be a growing need for effective SIEM and threat intelligence, which will increase the demand for database security assessments globally.
    Recent Developments
    Fortinet, a leading provider of automated cybersecurity solutions, has signed an agreement with Savex Technologies to further expand its security market footprint in India in 2021. This agreement creates a strong demand for new solutions to secure the edges of the new network, such as the local-area network (LAN), remote workers, data center, wide area network (WAN), and cloud access.
    A modern data security platform with control and visibility for enterprise data protection will be released in 2020, according to Open Raven. To provide a sophisticated response to the intricate issues of data security, this platform was created with an open-source core licensed under the Apache 2.0 license.
    Market Segmentation
    Global Database Security Market is segmented into By Components, Business Functions, Deployment Models, Organization Size, and Vertical. By Components such as Software and Services. By Business Functions such as Marketing, Sales, Finance, Operations, and Others. By Deployment Models such as On-Premises and Cloud. By Organization Sizes such as Small and Medium-Sized Enterprises and Large Enterprises. By Vertical such as Banking, Financial Services, Insurance, Telecommunications and IT, Government and Defense, Manufacturing, Healthcare and Life Sciences, Retail and E-commerce, Energy and Utilities, Media and Entertainment, and Others.
    Regional Analysis
    Global Database Security Market is segmented into five regions Americas, Europe, Asia-Pacific, and the Middle East & Africa. Because of the presence of major market players and rising technological advancement in the product portfolio in this region, North America dominates the database security market in terms of revenue and market. Asia-Pacific will continue to have the highest compound annual growth rate during the forecast period of 2022-2027, as companies in this region become increasingly concerned about data security.
    Key Players
    This report includes a list of numerous Key Players, namely Fireeye, Inc (U.S.), Innovative Routines International (IRI), Inc. (U.S.), RSA Security LLC (U.S.), BlackBerry Limited (Canada), Thales (France), IBM (U.S.), Oracle (U.S.), Cisco Systems Inc. (U.S.), Hewlett Packard Enterprise Development LP (U.S.), Intel Corporation (U.S.).
    Market Taxonomy  
    By Component
    • Software
    • Encryption and Tokenization
    • Database Auditing and Reporting
    • Data Masking and Redaction
    • Others
    • Services
    • Managed Services
    • Professional Services
    • Consulting Services
    • Education and Training
    • Support and Maintenance
    • Risk Assessment Services
    By Business Function
    • Marketing
    • Sales
    • Finance
    • Operations
    • Others
    By Deployment Model
    • On-Premises
    • Cloud
    By Organization Size
    • Small and Medium-Sized Enterprises
    • Large Enterprises
    By Vertical
    • Banking, Financial Services, and Insurance
    • Telecommunications and IT
    • Government and Defense
    • Manufacturing
    • Healthcare and Life Sciences
    • Retail and E-commerce
    • Energy and Utilities
    • Media and Entertainment
    • Others
    By Region
    • North America Latin America
    • Europe
    • Asia Pacific
    • Middle East & Africa.

    Global Database Security Market 
    1 Introduction 
    1.1 Objective of the Study
    1.2 Market definition
    1.3 Market Scope
    2 Research Methodology
    2.1 Data Mining
    2.2 Validation
    2.3 Primary Interviews
    2.4 List of Data Sources
    3 Executive Summary
    4 Global Database Security Market Outlook
    4.1 Overview
    4.2 Market Dynamics
    4.2.1 Drivers
    4.2.2 Restraints
    4.2.3 Opportunities
    4.2.4 Cumulative Impact due to recent Energy Crisis
    4.2.5 Cumulative Impact due to nearing Economic Downturn
    4.2.6 Post Covid-19 World Supply and Demand Conditions
    4.2.7 Cumulative Impact of Russia-Ukraine Conflict
    4.3 Porters Five Force Model
    4.4 Value Chain Analysis
    5 Global Database Security Market, By Component
    5.1 Y-o-Y Growth Comparison, By Component
    5.2 Global Database Security Market Share Analysis, By Component
    5.3 Global Database Security Market Size and Forecast, By Component
    5.3.1 Software
    5.3.2 Encryption and Tokenization
    5.3.3 Database Auditing and Reporting
    5.3.4 Data Masking and Redaction
    5.3.5 Others
    5.3.6 Services
    5.3.7 Managed Services
    5.3.8 Professional Services
    5.3.9 Consulting Services
    5.3.10 Education and Training
    5.3.11 Support and Maintenance
    5.3.12 Risk Assessment Services
    6 Global Database Security Market, By Business Function
    6.1 Y-o-Y Growth Comparison, By Business Function
    6.2 Global Database Security Market Share Analysis, By Business Function
    6.3 Global Database Security Market Share Analysis, By Business Function
    6.3.1 Marketing
    6.3.2 Sales
    6.3.3 Finance
    6.3.4 Operations
    6.3.5 Others
    7.Global Database Security Market , By Deployment Model
    7.1 Y-o-Y Growth Comparison, By Deployment Model
    7.2 Global Database Security Market Share Analysis, By Deployment Model
    7.3 Global Database Security Market Share Analysis, By Deployment Model
    7.3.1 On-Premises
    7.3.2 Cloud
    8.Global Database Security Market , By Organization Size
    8.1 Y-o-Y Growth Comparison, By Organization Size
    8.2 Global Database Security Market Share Analysis, By Organization Size
    8.3 Global Database Security Market Share Analysis, By Organization Size
    8.3.1 Small and Medium-Sized Enterprises
    8.3.2 Large Enterprises 
    9.Global Database Security Market , By Vertical
    9.1 Y-o-Y Growth Comparison, By Vertical
    9.2 Global Database Security Market Share Analysis, By Vertical
    9.3 Global Database Security Market Share Analysis, By Vertical
    9.3.1 Banking, Financial Services, and Insurance
    9.3.2 Telecommunications and IT
    9.3.3 Government and Defense
    9.3.4 Manufacturing
    9.3.5 Healthcare and Life Sciences
    9.3.6 Retail and E-commerce
    9.3.7 Energy and Utilities
    9.3.8 Media and Entertainment
    9.3.9 Others
    10 Global Database Security Market, By Region
    10.1 Global Database Security Market Share Analysis, By Region
    10.2 Global Database Security Market Share Analysis, By Region
    11 North America Database Security and Forecast (2022-2027)
    11.1 Introduction
    11.2 North America Database Security Market Share Analysis, By Component
    11.3 North America Database Security Size and Forecast, By Business Function
    11.4 North America Database Security Market, By Deployment Model
    11.5 North America Database Security Market Size and Forecast, By Organization Size
    11.6 North America Database Security Market Share Analysis, By Vertical
    11.7 North America Database Security Market Size and Forecast, By Country
    11.7.1 U.S
    11.7.2 Canada
    11.7.3 Mexico
    12 Europe Database Security Market Analysis and Forecast (2022-2027)
    12.1 Introduction
    12.2 Europe Database Security Market Share Analysis, By Component
    12.3 Europe Database Security Market Size and Forecast, By Business Function
    12.4 Europe Database Security Market, By Deployment Model
    12.5 Europe Database Security Market Size and Forecast, By Organization Size
    12.6 Europe Database Security Market Share Analysis, By Vertical
    10.7 Europe Database Security Market Size and Forecast, By Country
    12.7.1 Germany
    12.7.2 France
    12.7.3 UK
    12.7.4 Rest of Europe
    13 Asia Pacific Database Security Market Analysis and Forecast (2022-2027)
    13.1 Introduction
    13.2 Asia-Pacific Database Security Market Size and Forecast, By Component
    13.3 Asia-Pacific Database Security Market Size and Forecast, By Business Function
    13.4 Asia-Pacific Database Security Market, By Deployment Model
    13.5 Asia-Pacific Database Security Market Size and Forecast, By Organization Size
    13.6 Asia-Pacific Database Security Market Share Analysis, By Vertical
    11.7 Asia-Pacific Database Security Market Size and Forecast, By Country
    11.7.1 China 
    11.7.2 Japan
    11.7.3 India
    11.5.4. Rest of Asia Pacific
    14 Latin America Database Security Market Analysis and Forecast (2022-2027)
    14.1 Introduction
    14.2 Latin America Database Security Market Size and Forecast, By Component
    14.3 Latin America Database Security Market Size and Forecast, By Business Function
    14.4 Latin America Database Security Market , By Deployment Model
    14.5 Latin America Database Security Market Size and Forecast, By Organization Size
    14.6 Latin America Database Security Market Share Analysis, By Vertical
    14.7 Latin America Database Security Market Size and Forecast, By Country
    14.7.1 Brazil
    14.7.2.Rest of Latin America
    15 Middle East Database Security Market Analysis and Forecast (2022-2027)
    15.1 Introduction
    15.2 Middle East Database Security Market Share Analysis, By Component
    15.3 Middle East Database Security Market Size and Forecast, By Business Function
    15.4 Middle East Database Security Market, By Deployment Model
    15.5 Middle East Database Security Market Size and Forecast, By Organization Size
    15.6 Middle East Database Security Market Share Analysis, By Vertical
    15.7 Middle East Database Security Market Size and Forecast, By Country
    15.7.1. Saudi Arabia
    15.7.2. UAE
    15.7.2. Egypt
    15.7.4. Kuwait
    15.7.5. South Africa
    16 Competitive Analysis
    16.1 Competition Dashboard
    16.2 Market share Analysis of Top Vendors
    16.3 Key Development Strategies
    17 Company Profiles
    17.1. Fireeye, Inc (U.S.)
    17.1.1 Overview
    17.1.2 Offerings
    17.1.3 Key Financials
    17.1.4 Business Segment & Geographic Overview
    17.1.5 Key Market Developments
    17.1.6 Key Strategies
    17.2. Innovative Routines International (IRI), Inc. (U.S.)
    17.2.1 Overview
    17.2.2 Offerings
    17.2.3 Key Financials
    17.2.4 Business Segment & Geographic Overview
    17.2.5 Key Market Developments
    17.2.6 Key Strategies
    17.3. RSA Security LLC (U.S.)
    17.3.1 Overview
    17.3.2 Offerings
    17.3.3 Key Financials
    17.3.4 Business Segment & Geographic Overview
    17.3.5 Key Market Developments
    17.3.6 Key Strategies
    17.4. BlackBerry Limited (Canada)
    17.4.1 Overview
    17.4.2 Offerings
    17.4.3 Key Financials
    17.4.4 Business Segment & Geographic Overview
    17.4.5 Key Market Developments
    17.4.6 Key Strategies
    17.5. Thales (France)
    17.5.1 Overview
    17.5.2 Offerings
    17.5.3 Key Financials
    17.5.4 Business Segment & Geographic Overview
    17.5.5 Key Market Developments
    17.5.6 Key Strategies
    17.6. IBM (U.S.)
    17.6.1 Overview
    17.6.2 Offerings
    17.6.3 Key Financials
    17.6.4 Business Segment & Geographic Overview
    17.6.5 Key Market Developments
    17.6.6 Key Strategies
    17.7. Oracle (U.S.)
    17.7.1 Overview
    17.7.2 Offerings
    17.7.3 Key Financials
    17.7.4 Business Segment & Geographic Overview
    17.7.5 Key Market Developments
    17.7.6 Key Strategies
    17.8. Cisco Systems Inc. (U.S.)
    17.8.1 Overview
    17.8.2 Offerings
    17.8.3 Key Financials
    17.8.4 Business Segment & Geographic Overview
    17.8.5 Key Market Developments
    17.8.6 Key Strategies
    17.9. Hewlett Packard Enterprise Development LP (U.S.)
    17.9.1 Overview
    17.9.2 Offerings
    17.9.3 Key Financials
    17.9.4 Business Segment & Geographic Overview
    17.9.5 Key Market Developments
    17.9.6 Key Strategies
    17.10. Intel Corporation (U.S.)
    17.10.1 Overview
    17.10.2 Offerings
    17.10.3 Key Financials
    17.10.4 Business Segment & Geographic Overview
    17.10.5 Key Market Developments
    17.10.6 Key Strategies