Database Security Market Analysis And Trends By Segmentations, Top Key Players, Geographical Expansion, Future Development & Forecast – 2026
The global Database Security Market size is expected to grow from USD 6.3 billion in 2021 to USD 11.5 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 12.6% from 2021 to 2026. Database Security helps in performing various functions such as safeguarding databases from security breaches and hacking activities, put a stop to attacks such as malware contagious files, and other infections that are possible for unsecure database systems, protection for the server systems from any substantial harm that might result in the failure in data processing or data retrieval, etc.
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Growing demand for sophisticated security solutions, Evolving regulatory landscape, Growing volumes of business data across industries to boost the growth of Database Security market across the globe during the forecast period. Moreover, rising demand for business intelligence, rising trend of cloud-based Database Security practices, and integration of technologies such as predictive analytics, AI, ML into Database Security would provide lucrative opportunities for Database Security market vendors.
By deployment mode, cloud based segment to hold the largest market size during the forecast period
The cloud deployment mode has witnessed tremendous growth in the database security market. It provides various benefits, such as scalability, speed and ease of deployment, low implementation costs, and agility. Due to all this features cloud adoption has been accelerated in COVID-19. Moreover, this deployment mode can help in securing high amounts of data at a minimal cost. It also provides the flexibility for enterprises to focus on their core function rather than managing the IT infrastructure. The cloud-based deployment mode offers a consolidated platform in the form of SaaS-based security services. These SaaS-based services help secure the databases, thereby turning out to be beneficial for organizations that have strict budgets for security investments. Therefore, organizations are moving toward the cloud deployment mode rapidly. In fact, it has been the most preferred deployment mode for database security.
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Unique Features in the Database Security Market
Sophisticated data masking strategies and encryption technologies were becoming more and more popular to safeguard private data in databases. These techniques guarantee that the data stays safe and unreadable even in the event of illegal access.
Increasingly, behaviour analytics was being included into database security systems. These systems keep an eye on user behaviour patterns in order to identify unusual activity and possible security risks. This allows them to send out alerts or automate reactions.
The attention on cloud database security increased as cloud computing became more widely used. Solutions for cloud database security were created to handle the particular difficulties associated with protecting data in dispersed and virtualized systems.
Database security remains a critical area of focus for DAM solutions. They keep an eye on and audit database activities in real time, giving information about who is gaining access to the database, what they are doing, and spotting any unusual activity.
Vulnerability assessment automated tools were getting increasingly advanced. These technologies assist organisations in proactively identifying and resolving security concerns by scanning databases for potential flaws, misconfigurations, or vulnerabilities.
Major Highlights of the Database Security Market
Robust database security solutions are in more demand due to greater awareness of cybersecurity dangers and high-profile data breaches. Businesses across a range of sectors started taking proactive measures to protect their sensitive data.
The demand for cloud database security solutions increased as a result of database migrations to the cloud. The vendors concentrated on offering solutions that tackled the special problems that cloud environments presented, like protecting data while it was in transit and at rest.
Organisations have to invest in database security solutions to ensure compliance with strict data protection rules like GDPR (General Data Protection Regulation) and HIPAA (Health Insurance Portability and Accountability Act). Adoption of strong security measures became mostly dependent on meeting regulatory requirements.
Data encryption, both in transit and at rest, has become widely recognised as an essential security precaution. Businesses realised how crucial it was to use encryption to safeguard private data stored in databases in order to reduce the possibility of illegal access.
The necessity of ongoing security testing and monitoring throughout the software development lifecycle was highlighted by the integration of database security into DevOps processes, which attracted attention. The goal of this integration was to handle security issues without slowing down the development of new applications.
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Top Key Companies in the Database Security Market
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 (US), Trend Micro (UK), Hashicorp (US), Datasparc (US), Scalegrid (US), Optiv Security (US), Zimcom (US), OneNeck (US), Netwrix (US).
These players have adopted various growth strategies, such as partnerships, agreements and collaborations, new product launches and product enhancements, and acquisitions, to expand their presence in the Database Security market. Partnerships, agreements and collaborations, and new product launches have been the most adopted strategies by the major players from 2018 to 2021 to innovate their offerings and broaden their customer base.
Oracle was founded in 1977 and is headquartered in California, US. It is an established leading vendor of enterprise-grade products and solutions. The company’s broad portfolio of products and solutions include databases and relational servers, application development and decision support tools, and enterprise business applications. Oracle operates in the database security market with its comprehensive solution, namely, Oracle Database Security. The company is present in more than 145 countries, with more than 400,000 customers. As of 31st May 2017, Oracle employed around 138,000 people, among which 40,000 work in the R&D department. The company has its presence all over the globe, including the regions of the Americas, Europe, APAC, MEA, and Latin America.
Trustwave was founded in 1995 and later acquired by Singtel group. Trutswave is a cybersecurity and managed security service provider. Trustwave offers a broad product portfolio to its customers which includes Managed security services, consulting and professional services and data protection technology. Trustwave provides auditing and data security with its platforms AppDetectivePRO and DBProtect. Trustwave also provide managed security services to secure user database which uses Its Fusion Platform to monitor security resource allocation. With more than 1600 employees Trustwave has 9 global security operation centers serving 96 client countries. It has presence in North America, MEA and APAC region.
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