The global database security market size is projected to grow from $ 6.3 billion in 2021 to $ 11.5 billion by 2026, at a compound annual growth rate (CAGR) of 12.6% in 2021 to 2026.

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Major factors fueling the database security market include growing demand for sophisticated security solutions, changing regulatory landscape and increasing volumes of business data across all industries.

New York, November 18, 2021 (GLOBE NEWSWIRE) – Reportlinker.com Announces the Publication of the “Database Security Market by Component, Business Function, Organization Size, Mode of Deployment, Vertical and Region – Forecast worldwide until 2026 “- https://www.reportlinker.com/p05256383/?utm_source=GNW

Services will grow at a higher CAGR over the forecast period
Database security providers help their customers to effectively use security products and maintain their products with the help of database security services. These players offer managed and professional services to detect and select appropriate solutions for risk management and data protection.

In addition, these services help to collect, filter, integrate and link multiple security data events. Professional services include consulting, support and maintenance, education and training, and risk management services to help customers proactively secure sensitive data.

These services are based on tools, advanced technologies and strategies. Managed services are provided in the form of outsourcing certain IT operations to a service provider, which remotely manages security.

Increased security requirements have altered regulatory compliance and strict Service Level Agreements (SLAs) are expected to drive market growth. Some of the renowned players offering database security services include IBM, Oracle, McAfee, Trend Micro, Gemalto, Trustwave, Symantec, Imperva and Fortinet

In the organization size segment, large companies will have a higher market share during the forecast period
Large enterprises are defined as business entities with more than 1,000 employees. Large enterprise segment is estimated to dominate the database security market with its significant share.

In addition, it also contributes to the backbone of the global economy. The demand for fast access to data has increased the use of personal devices.

However, the heavy use of corporate data by a diverse workforce has increased the threat of data misuse, unauthorized access and data theft. These problems, in turn, can affect the operation of businesses and their profitability.

So, to protect databases against cyber attacks, data theft and unauthorized access, large companies are considering adopting database security solutions.,

Decomposition of primaries
• By type of business – Level 1 65%, Level 2 – 22%, Level 3 – 13%
• By designation – level C – 24%, executives – 22%, executives – 54%
• By region – APAC – 45%, Europe – 16%, North America – 19% and RoW-20%

The major vendors serving the database security market across the globe are Oracle (US), IBM (US), Trustwave (US), McAfee (US), Fortinet (US), Cloudera (US), AWS ( US), Microsoft (US), IRI (US), Micro Focus (US), Imperva (US), Alibaba Cloud (China), Huawei (China), Mak Logic (US), Thales Group (France), Tencent (China), Protegrity (United States), Trend Micro (United Kingdom), Hashicorp (United States), Datasparc (United States), Scalegrid (United States), Optiv Security (United States United States), Zimcom (United States), OneNeck (United States), Netwrix (United States).
The study includes an in-depth competitive analysis of major players in the Database Security market, with their company profiles, recent developments, and major market strategies.

Research coverage
The market research covers the size of the Database Security market across all segments. It aims to estimate the market size and the growth potential of this market in different segments: by component, by mode of deployment, by size of organization, by vertical and by region.

The study also includes an in-depth competitive analysis of key market players, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.

Main advantages of purchasing the report
The report will help the market leaders / new entrants in this market with information on the closest approximations to revenue figures for the global Database Security market and sub-segments. This report will help stakeholders understand the competitive landscape and gain more insight to better position their businesses and plan appropriate go-to-market strategies. The report also helps stakeholders understand the market pulse and provides them with insights into the major market drivers, restraints, challenges, and opportunities.
Read the full report: https://www.reportlinker.com/p05256383/?utm_source=GNW

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