Database Encryption Market To Detect Extraordinary Growth With A Positive CAGR
- Chaitali Mahajan
- Feb 4, 2021
- 2 min read
The spike in public database breaches is projected to boost the database encryption market 2020. The semiconductor and electronics reports are made by Market Research Future, which includes market options for progress. An optimistic CAGR is estimated to guide the market in the forthcoming period.
The accelerated use of database encryption solutions is estimated to be influenced by the drastic escalation in the user base. The necessity for database outsourcing and digitalization is estimated to motivate the database encryption market share in the upcoming period. Also, the occurrence of data theft has amplified significantly, and this is projected to benefit the database encryption market.
Competitive Analysis
The well-known contenders in the database encryption market are Trend Micro Inc. (Japan), Sophos Ltd. (US), Symantec Corporation (US), PKWARE, Inc. (US), Microsoft Corporation (US), IBM Corporation (US), Check Point Software Technologies Ltd. (Israel)., Intel (US), Win Magic Inc.(Canada), SAS Institute Inc. (US), and EMC Corporation (US).
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Segmental Analysis
The segmental assessment of the database encryption market is conducted based on deployment, vertical, region and, encryption type.On the basis of deployment, the database encryption market is bifurcated into on-cloud and on-premise.On the basis of vertical, the database automation market is segmented into manufacturing, healthcare, BFSI, retail, government, IT & telecom, aerospace & defense, and others. On the basis of the encryption type, the database encryption market is segmented into file-system, transparent, column-level, and others. On the basis of region, the database automation market is segmented based on North America, Europe, Asia-Pacific, and other important regions.
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Detailed Regional Analysis
The regional investigation for the database encryption market is conducted for North America, Europe, Asia-Pacific, and other important regions. The database encryption market is controlled by the North American region. The contribution of significant market players in the US and Canada is motivating the espousal of the database encryption in this region. The developing need for cloud services and solutions is also anticipated to lift the progress of database encryption market in this region all through the forecast period.In the course of the forecast, the database encryption regional market in the Asia-Pacific is estimated to develop at the highest speed. The collective tendency of BYOD and mobility among organization has contributed to the increasing importance of database security solutions which is motivating the development of the database encryption market.
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TABLE OF CONTENTS:
Market Introduction
Research Methodology
Market Dynamics
Executive Summary
Market Factor Analysis
Database Encryption Market, By Segments
Competitive Analysis
Continued…
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