#database security market

The global Optical Waveguide Market is forecasted to reach USD 13.70 Billion by 2027, according to a new report by Emergen Research. The optical waveguide market is expected to expand significantly due to the growing demand for higher bandwidth and fast cloud computing adoption by various data centers.

The growing global requirement of more data and reliable high-speed network coverage among consumers leads to the implementation of 5th generation wireless network connectivity to transmit more data with a more stable connection. It is anticipated to increase in the global optical waveguide market along with the implementation of 5G shortly.

The expensive configuration cost is restraining the market growth. However, the growing penetration of the internet and increasing consumers' awareness about IoT enabled smart devices is expected to provide opportunities in the optical waveguide market.

According to a new report published by UnivDatos Markets Insights, the Data Backup and Recovery Market is expected to grow at a CAGR of around 11% from 2022-2028. The analysis has been segmented into Component (Software and Service); Deployment (Cloud, Hybrid, and Local); End-User Industry (Banking and Financial Services, Manufacturing, IT and Telecommunication, Media and Entertainment, and Others); Region/Country.

The data backup and recovery market report has been aggregated by collecting informative data on various dynamics such as market drivers, restraints, and opportunities. This innovative report makes use of several analyses to get a closer outlook on the data backup and recovery market. The data backup and recovery market report offer a detailed analysis of the latest industry developments and trending factors in the market that are influencing the market growth. Furthermore, this statistical market research repository examines and estimates the data backup and recovery market at the global and regional levels.

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Market Overview

Businesses are using digital technologies for changing their business model and providing new revenue streams and value-producing opportunities from automating their marketing activities to processing their orders. Digitalization in business is helping in increasing the efficiency of their operations, making automation possible. There will be fewer human errors, reducing operational costs, due to the decreased need for human resources leading to a large amount of data generation creating a huge demand for data backup and recovery services or software among the businesses. Additionally, according to Fujitsu, key drivers of digital transformation in retail are strengthened competitiveness with 70% reporting high or very high importance, 69% improved efficiency and reduced cost, 69% strengthened customer relationships and 67% increased revenue accordingly.

COVID-19 Impact

On the contrary, though the COVID-19 pandemic adversely affected several sectors it has positively impacted the data backup and recovery market and helped in scaling the business growth. The market was severely affected in the first few months. government-imposed lockdowns around the world but it has not stopped the companies from operating but surely change the way they operate. Measures taken by governments to curb the epidemic have reduced economic activity, restricted the movement of goods and services, and put countries on lockdown and lots of companies employees were working from home and the biggest risk it posed was peoples were working on consumer grade security hence, increased risks pf cybercrime like ransomware that can corrupt the important data of the firms, data theft and disruptions to IT systems through malware and these factors have actually helped increasing the business of data backup and recovery industry during and after the lockdown.

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The global data backup and recovery market report is studied thoroughly with several aspects that would help stakeholders in making their decisions more curated.

·        Based on the component, the market is segmented into software and services. Amongst these, the services held the major share of the market in 2021. The market dominance of the services is due to faster and simplified deployment, use of autoscaling, and scalability to meet the peak demand of businesses without the need for extra capacity hence increasing the operating leverage of the business increases operational efficiency by removing human error and also while opting for backup as service companies don’t have to do initial capex on building heavy IT infrastructure hence driving the dominance of services over software among businesses.

·        Based on the end user industry type, the market is segmented into banking and financial services, manufacturing, it and telecommunication, media and entertainment, and others. Among these, the banking and financial services segment is the largest contributor to the revenues of service providers of data backup and recovery owing to the reasons like large data pool that the banking and financial services segments have generated that are critical for their business operations as well as the susceptibility to cyber threats that the data of banking and financial services industry faces. For instance, according to export data of the Indian IT (information technology) services sector In terms of industry-wise revenue break up, out of the total USD 149.1 billion in exports of the IT-BPM sector in 2020-21, Banking, Financial Services, and Insurance (BFSI) contributed USD 61.4 billion, accounting for over 41 percent of the exports

Data Backup and Recovery Market Geographical Segmentation Include:

·        North America (U.S., Canada, and the Rest of North America)

·        Europe (Germany, U.K., France, Italy, Spain, and the Rest of Europe)

·        Asia-Pacific (China, India, Japan, and the Rest of Asia-Pacific)

·        Rest of the World

North America is expected to grow at a substantial CAGR during the forecast period owing to the rising demand for AI-based data backup and the large amount of data generated by the big technology conglomerates. Moreover, Cloud technology migration brings lots of advantages to businesses such as providing scalability, cost savings, and better security compared to on-premise solutions, it allows companies to have an access to real-time data and analytics for better and faster decision-making hence driving the growth of the sector in the region. Moreover, developments in AI-based applications based on clouds are happening everywhere in order to automate the process and make the system safer and more reliable. For instance, on Nov 2022, Nvidia announced its partnership with Microsoft to create a massive computer for AI applications based on cloud computing technology. This new AI system will use Microsoft’s Azure cloud. According to initial plans, it will contain tens of thousands of graphics processing units (GPUs), most likely those based on Nvidia’s latest and most powerful H100 and A100 chips

The major players targeting the market include:

 ·        Commvault

  ·        NetApp

  ·        Ninja One

  ·        Ontech Systems, Inc.

  ·        Aureon

  ·        Datto, Inc.

  ·        Dell, inc.

  ·        Amazon Web Services, inc.

  ·        Nexstor Ltd

  ·        Veritas

Competitive Landscape

The degree of competition among prominent global companies has been elaborated by analyzing several leading key players operating worldwide. The specialist team of research analysts sheds light on various traits such as global market competition, market share, most recent industry advancements, innovative product launches, partnerships, mergers, or acquisitions by leading companies in the data backup and recovery market. The major players have been analyzed by using research methodologies to get insight views on global competition.

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Key questions resolved through this analytical market research report include:

• What are the latest trends, new patterns, and technological advancements in the data backup and recovery market?

• Which factors are influencing the data backup and recovery market over the forecast period?

• What are the global challenges, threats, and risks in the data backup and recovery market?

• Which factors are propelling and restraining the data backup and recovery market?

• What are the demanding global regions of the data backup and recovery market?

• What will be the global market size in the upcoming years?

• What are the crucial market acquisition strategies and policies applied by global companies?

We understand the requirement of different businesses, regions, and countries, we offer customized reports as per your requirements of business nature and geography. Please let us know If you have any custom needs.

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According to a new report published by UnivDatos Markets Insights, the Database Security Market was valued at more than USD 5000 million in 2020 and is expected to grow at a CAGR of around 12% from 2022-2028. The analysis has been segmented into Component (Software and Services); Deployment (On-Premises and Cloud); Industry Vertical (BFSI, Retail & Ecommerce, Government & Defense, Healthcare, IT & Telecom, and Others) Region/Country.

The database security market report has been aggregated by collecting informative data on various dynamics such as market drivers, restraints, and opportunities. This innovative report makes use of several analyses to get a closer outlook on the Database Security market. The database security market report offers a detailed analysis of the latest industry developments and trending factors in the market that are influencing the market growth. Furthermore, this statistical market research repository examines and estimates the Database Security market at the global and regional levels.

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Market Overview

Database security refers to all the precautions taken to safeguard a database or database management system from unauthorized access and harmful cyber threats and attacks. Database security protocols are designed to guard against infiltration, data misuse, and damage while also safeguarding the database management system and all applications that access it. The use of database security solutions is anticipated to increase as technology advances in the database protection or security sector to provide effective surveillance systems to track fraud, criminality, and terrorist activity. Moreover, the growing adoption of IoT devices in organizations to enhance operational communication is expected to drive the market during the forecast period. IoT devices allow users to access networks from several locations. Hence, the need to prevent data breaches in operational systems. For instance, according to exploding topics, there are more than 10 billion connected IoT devices across the world in the year 2019.

Some of the major players operating in the market include SPARC, SAP SE, McAfee, LLC, Fortinet, Inc, Imperva, Microsoft, Micro Focus, Thales, Trend Micro Incorporated, HashiCorp, Inc

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COVID-19 Impact

The COVID-19 pandemic has had a significant impact on the global economy, including the database security market. As more people have shifted to remote work and businesses have moved their operations online, there has been a greater need for secure databases to store and manage sensitive information.

The Global Database Security Market report is studied thoroughly with several aspects that would help stakeholders in making their decisions more curated.

·        Based on component, the market is segmented into solutions and services. The solutions segment dominated the data security market in 2021 and is expected to maintain its domination throughout the forecast period. The growth of the segment is mainly attributed to the various benefits that database security software offers such as database auditing, reporting, encryption & tokenization and data masking, etc. Moreover, these software solutions make it easier to store and distribute data in an electronic and safe manner. These are the key factor that drives the growth of this segment in the Global market during the forecast period 2020-2028.

·        On the basis of deployment, the market is segmented into on-premises and cloud. The cloud segment is expected to grow with the largest CAGR during the forecast period. The adoption of the cloud deployment strategy has skyrocketed in the market for database security. Mainly due to its main benefits such as scalability, rapid deployment, low implementation costs, and adaptability. Furthermore, cloud deployment architecture can help with the low-cost, safe storage of massive amounts of data which is expected to drive the segment market during the forecast period. Additionally, it enables companies to focus on their essential operations rather than IT infrastructure management.

Database Security Market Geographical Segmentation Includes:

·        North America (United States, Canada, and Rest of North America)

·        Europe (Germany, United Kingdom, Spain, Italy, France, and the Rest of Europe)

·        Asia-Pacific (China, Japan, India, and the Rest of Asia-Pacific)

·        Rest of the World

The North America region led the database security market and is expected to maintain this during the forecast period. Early adoption of technologically advanced products such as database security systems in various enterprises to keep data safe is expected to be a major factor driving growth driving the market. Moreover, the growing investments in the cyber security industry in the region is expected to drive the market during the forecast period. Moreover, the growing cost of each data breach is expected to influence market growth. For instance, according to IBM, the average cost per data breach in the USA is USD 9.44 Million.

The major players targeting the market include

·        SPARC

·        SAP SE

·        McAfee, LLC

·        Fortinet, Inc

·        Imperva

·        Microsoft

·        Micro Focus

·        Thales

·        Trend Micro Incorporated

·        HashiCorp, Inc.

Competitive Landscape

The degree of competition among prominent global companies has been elaborated by analyzing several leading key players operating worldwide. The specialist team of research analysts sheds light on various traits such as global market competition, market share, most recent industry advancements, innovative product launches, partnerships, mergers, or acquisitions by leading companies in the Database Security market. The major players have been analyzed by using research methodologies for getting insight views on global competition.

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Key questions resolved through this analytical market research report include:

• What are the latest trends, new patterns, and technological advancements in the database security market?

• Which factors are influencing the database security market over the forecast period?

• What are the global challenges, threats, and risks in the database security market?

• Which factors are propelling and restraining the database security market?

• What are the demanding global regions of the database security market?

• What will be the global market size in the upcoming years?

• What are the crucial market acquisition strategies and policies applied by global companies?

We understand the requirement of different businesses, regions, and countries, we offer customized reports as per your requirements of business nature and geography. Please let us know If you have any custom needs.

About UnivDatos Market Insights (UMI)

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About UnivDatos Market Insights

UnivDatos Market Insights (UMI) is a passionate market research firm and a subsidiary of Universal Data Solutions. We believe in delivering insights through Market Intelligence Reports, Customized Business Research, and Primary Research. Our research studies are spread across topics across the world, we cover markets in over 100 countries using smart research techniques and agile methodologies. We offer in-depth studies, detailed analysis, and customized reports that help shape winning business strategies for our clients.

Contact Us-

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The latest research report on the Database Security Market Forecast 2022-2030 examines the international industrial infrastructure, as well as some key players, hurdles, development drivers, and other influencing variables, to provide a short overview of the global Database Security market. The Database Security market research report also reveals production demand, supply growth, current technical advances, expected growth potential, and major industry characteristics.

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Furthermore, worldwide Database Security market research provides an overview of a variety of essential characteristics as well as a market share for global revenue generation. The Database Security market study also includes a wealth of statistical information on cost structure, supply and demand, applications, topographical areas, production share, innovative technologies, product types, and dominant players.

The study examines the major players and their present tactics, which include the employment of new technology, new product portfolios, partnerships, joint ventures, and broad segmentation based on regional and industry competitiveness, profits, loss ratios, and creative expenditure ideas. The Database Security market strategy, sales, market size, astounding development strategies, growth rate, revenue, and value chain analysis are all examined in depth in this research.

In addition, the global Database Security market research report covers future spending plans, a futuristic perspective, business opportunities, specific challenges, systematic innovations, demand analysis, and newer inventions. It goes over the Database Security market's growth drivers, as well as restrictions, existing limitations, and prospective trends in global industrial sectors, as well as fiscal concerns that showed the Database Security market's actual performance in the global industry.

Prime Players covered in this report are:

· Alibaba Cloud International · BlackBerry Limited. · Cloudera, Inc. · Huawei Technologies Co., Ltd. · IBM Corporation · Intel Corporation · Fortinet, Inc. · Oracle · OneNeck IT Solutions LLC · Microsoft Corporation · Micro Focus International plc · McAfee, LLC · Sophos Ltd. · Symantec Corporation · Thales Group

The Product Types of the Database Security Market split into:

Marketing Sales Finance Operations Others

The Application can be Segmented into:

Software Services

The Regional Analysis of the Database Security Market are:

• North America • Europe • Asia-Pacific • Latin America • Middle East & Africa

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Apart from that, the worldwide Database Security market reveals a variety of analytical and systematic methods, including SWOT analysis, Porter's five forces, and market ability utilization assessment. This report also evaluates some highly significant information about the global Database Security market, including the scope, major vendors, business-driven probability and upcoming insights, challenges, regulated framework, and details about new and existing competitors, in order to provide an insightful scenario for the global Database Security industry.

Global Database Security Market report from Global Insight Services is the single authoritative source of intelligence on Database Security Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

Database security is the process of protecting a database from unauthorized access. It includes a set of policies and procedures that are used to prevent, detect, and respond to security threats. Database security is important because it helps to protect the data that is stored in a database from being accessed by unauthorized users. There are a number of different techniques that can be used to secure a database, including encryption, access control, and auditing.

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Key Trends

There are four key trends in database security technology which include encryption, data masking, tokenization, and database activity monitoring Each of these trends is designed to address a specific security concern in databases. Encryption is used to protect data at rest, meaning data that is stored in a database. When data is encrypted, it is converted into a code that can only be deciphered by authorized users. This prevents unauthorized users from accessing sensitive data.

Key Drivers

The key drivers of the database security market are the need to protect data from unauthorized access and the need to comply with data privacy regulations. The market is also driven by the increasing number of data breaches and the need to protect critical data assets.

Key Market Segments

By Business Function 

Marketing

Sales

Finance

By Deployment Type

Cloud

On-Premises

By Organization Size

Large Enterprises

Small Scale

Medium Sized Enterprises

By End Users

Retail & E-commerce

IT & Telecom

By Region

North AmericaThe U.S.

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Key Market Players

Oracle

IBM

McAfee

Trustwave

Fortinet

Cloudera

OneNeck

Zimcom

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10-year forecast to help you make strategic decisions

In-depth segmentation which can be customized as per your requirements

Free consultation with lead analyst of the report

Excel data pack included with all report purchases

Robust and transparent research methodology

Ground breaking research and market player-centric solutions for the upcoming decade according to the present market scenario

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The Global Database Security Market is projected to grow from USD 6.3 billion in 2021 to USD 13.44 billion by 2030 at a CAGR of 12.6% during the forecast period. Database security is a set of procedures that assures that an organization's data is kept private and secure. Database security refers to a collection of methods for making databases secure, preventing unauthorized access, and defending them against attacks, illegal use, and threats. It ensures the security of information stored in databases, database management systems, database servers, and other workflow applications. During the forecast period, a rise in digitization and acceptance of cloud-based database monitoring and data loss services in various industries to ensure the security of an enterprise's operational and confidential data is anticipated to boost the adoption of database security solutions in various industries.

The report offers insightful information about the market dynamics of the Database Security market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the Database Security market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the Database Security market.

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The study’s scope includes a rating of main service providers, profits and pricing in key market segments utilizing business scenarios. The Database Security research study also investigates the supply chain and industry dealers in depth. The market study also considers a number of crucial elements that influence the global industry’s growth. The report also provides a statistical picture of the global industry, indicating the number of external and internal driving and restraining factors. The Database Security Market Research study’s will feature a large amount of unique data. A number of Database Security industry professionals and key opinion leaders also do extensive quantitative and qualitative research in order to obtain a better understanding of the market and industry performance.

The report provides a comprehensive analysis of company profiles listed below:

Alibaba Cloud International BlackBerry Limited. Cloudera, Inc. Huawei Technologies Co., Ltd. IBM Corporation Intel Corporation Fortinet, Inc. Oracle OneNeck IT Solutions LLC Microsoft Corporation Micro Focus International plc McAfee, LLC Sophos Ltd. Symantec Corporation Thales Group

Type Analysis of World Wide Database Security Market:

Marketing Sales Finance Operations Others

Segmentation of global Database Security Market by Application:

BFSI Telecommunication and IT Government and Defense Manufacturing Healthcare and life sciences Retail and E-commerce Energy and Utilities Media and Entertainments Others

The study report offers a comprehensive analysis of Database Security Market size across the globe as regional and country level market size analysis, CAGR estimation of market growth during the forecast period, revenue, key drivers, competitive background and sales analysis of the payers. Along with that, the report explains the major challenges and risks to face in the forecast period. Database Security Market is segmented by Type, by Application, Players, stakeholders and other participants in the global Database Security Market will be able to gain the upper hand as they use the report as a powerful resource.

Global Database Security Market segment by Region/Country including:

• North America (United States, Canada and Mexico) • Europe (Germany, UK, France, Italy, Russia and Spain etc.) • Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.) • South America (Brazil, Argentina and Colombia etc.) • Middle East & Africa (South Africa, UAE and Saudi Arabia etc.)

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The Global Database Security Market is projected to grow from USD 6.3 billion in 2021 to USD 13.44 billion by 2030 at a CAGR of 12.6% during the forecast period. Database security is a set of procedures that assures that an organization's data is kept private and secure. Database security refers to a collection of methods for making databases secure, preventing unauthorized access, and defending them against attacks, illegal use, and threats. It ensures the security of information stored in databases, database management systems, database servers, and other workflow applications. During the forecast period, a rise in digitization and acceptance of cloud-based database monitoring and data loss services in various industries to ensure the security of an enterprise's operational and confidential data is anticipated to boost the adoption of database security solutions in various industries.

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A strong research methodology employed in the winning Database Security Market business report consists of data models that include Market Overview and Guide, Vendor Positioning Grid, Market Time Line Analysis, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. Businesses can attain details about market drivers and market restraints which assist them to take presumption about reducing or increasing the production of particular product.

The report provides a comprehensive analysis of company profiles listed below:

Alibaba Cloud International BlackBerry Limited. Cloudera, Inc. Huawei Technologies Co., Ltd. IBM Corporation Intel Corporation Fortinet, Inc. Oracle OneNeck IT Solutions LLC Microsoft Corporation Micro Focus International plc McAfee, LLC Sophos Ltd. Symantec Corporation Thales Group

Type Analysis of World Wide Market:

Marketing Sales Finance Operations Others

Segmentation of global Database Security Market by Application:

BFSI Telecommunication and IT Government and Defense Manufacturing Healthcare and life sciences Retail and E-commerce Energy and Utilities Media and Entertainments Others

Market segment by Region/Country including:

• North America (United States, Canada and Mexico) • Europe (Germany, UK, France, Italy, Russia and Spain etc.) • Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.) • South America (Brazil, Argentina and Colombia etc.) • Middle East & Africa (South Africa, UAE and Saudi Arabia etc.)

This Database Security market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized 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, geographic expansions, technological innovations in the market.

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