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(Wireless-NewsWire.Com, March 27, 2018 ) The growing number of security breaches incidents has given rise to the demand of database security software. Database threats depend on factors like network security, encryption and authentication. There are different types of databases including financial records, customer records, etc. which need strict security measures. Therefore, periodic audits are needed to keep a check on the database and prevent it from any kind of attacks.
The Global Database Security Market was valued at USD 2.61 billion in 2016 and is projected to reach USD 12.16 billion by 2025, growing at a CAGR of 18.65% from 2017 to 2025.
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Database Security refers to the collective measures used to protect and secure a database or database management software from illegitimate use and malicious threats and attacks.
It is a broad term that includes a multitude of processes, tools and methodologies that ensure security within a database environment. Benefits of database security include - protect against attacks with a database proxy, robust logging, encryption of sensitive data, cost-effective, audits and monitors database activity.
Database security helps protect the data from unauthorized access. One type of attack on database is SQL injection which can enter through an application and lead to security breaches. Database security helps to protect the database from any kind of external or internal attack. One more factor affecting the database is poor change management during upgrade cycles. Database security software helps to provide accountability and reduce any chances of bad change.
The major players in the market are as follows:
1. IBM Corporation,
2. Thales E-Security,
3. Fortinet,
4. Micro Focus,
5. Hexatier,
6. Protegrity,
7. Oracle,
8. Trustwave,
9. Mcafee,
10. IRI,
11. Imperva,
12. Gemalto.
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These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
Research Methodology:
Research study on the Global Database Security Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
Report Highlights:
Detailed overview of parent market.
Changing market dynamics of the industry.
In-depth market segmentation.
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments.
Competitive landscape.
Strategies of key players and product offerings.
Potential and niche segments/regions exhibiting promising growth.
A neutral perspective towards market performance.
Must-have information for market players to sustain and enhance their market footprint.
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