Database encryption is the process of converting data within a database from plain text to ciphered text using a specified method. When it comes to encryption, there are numerous algorithms to choose from. Specific keys are assigned to these encryption techniques, and they are linked to the encrypted data. These keys serve as a link between the encrypted data and the plain text format in which it was originally stored. Encryption of data is advantageous for a variety of reasons, including increasing the privacy of a company's information, ensuring the data's integrity, and therefore the user's flexibility.
MARKET DYNAMICS
The growing volume of company and consumer data generated by businesses has increased the risk of data theft or hacking, encouraging the use of database encryption solutions. The growing demand for cloud-based databases and cloud-based database encryption solutions is a major area of opportunity for database encryption. The need to comply with regulatory regulations imposed by the government and other regulatory bodies, as well as the growing digitalization of companies and economies, are some of the primary reasons driving market growth.
MARKET SCOPE
The "Global Database Encryption Market Analysis to 2028" is a specialized and in-depth study of the technology, media, and telecommunication industry with a special focus on the global market trend analysis. The database encryption market report aims to provide an overview of the database encryption market with detailed market segmentation by type, deployment mode, end-user, industry vertical, and geography. The global database encryption market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading database encryption market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global database encryption market is segmented based on type, deployment mode, end-user, industry vertical. Based on type, the database encryption market is segmented into transparent/external database encryption, file-system encryption, key management, application-level encryption, column-level encryption. Based on deployment mode, the database encryption market is segmented into on-premises, cloud. Based on end-user, the database encryption market is segmented into small and medium-sized enterprises, large enterprises. Based on industry vertical, the database encryption market is segmented into BFSI, telecommunication and IT, government and public sector, retail and e-commerce, aerospace and defense, healthcare, others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global database encryption market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2027 with respect to five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The database encryption market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the database encryption market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely, North America, Europe, APAC, MEA, and South& Central America after evaluating political, economic, social and technological factors affecting the database encryption market in these regions.
MARKET PLAYERS
The reports cover key developments in the database encryption market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from database encryption market are anticipated to lucrative growth opportunities in the future with the rising demand for filter products in the global market. Below mentioned is the list of few companies engaged in the underwriting and rating software market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the underwriting and rating software market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
? Thales Group
? Hewlett-Packard Development Company L.P.
? IBM Corporation
? Intel Corporation
? Microsoft Corporation
? Netapp, Inc.
? Oracle Corporation
? Sophos Ltd.
? Symantec Corporation
? Entrust Corporation