Global Database Security Market Expected to Reach XX Million by 2025
According to a new report published by Reports Monitor titled, “Database Security Market By Type, Property & Applications: Global Opportunity Analysis and Industry Forecast, 2017–2025,” the Database Security Market was valued at XX million in 2016, and is projected to reach at XX million by 2025, growing at a CAGR of XX% from 2017 to 2025. Asia Pacific dominates the Database Security Market, both in terms of volume and value, and is expected to maintain this trend throughout the forecast period.
Database security is used to protect the data and information. It refers to collective measure which is used to protect database management software from malicious threats and attacks. Database administrator is generally responsible for planning, implementing, and maintaining database security.
This technique provides the important function such as it prevents data loss through corruption of files or programming errors. Demand for smooth security solution is increasing rapidly, therefore the growth of the market is also increasing. Large volume of business data across multiple industries is also increasing. Increasing acquisition in database security solutions is the opportunity strengthening the growth of the market. Less security budgets and high installation cost of solutions are some of the restraining factors hampering the growth of the market. The market has to face various challenges which includes there is lack of awareness about multi-layered security, However there are lack of skilled workforce.
Key Question Answered: What will be the market size in 2025 and at what rate it will grow? Who are the major key players in global database security market and what are their strategies? Which vertical industry is expected to show major growth? What segment and region will lead the market and why? The major companies profiled in the report include: IBM Corporation, Oracle Corporation , Trustwave Holdings Inc., Thales e-Security, McAfee, LLC, Fortinet, Inc., Innovative Routines International, Micro Focus, Imperva, HexaTier, Gemalto NV , and Protegrity USA, Inc.
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