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    Cloud Database Security - The Changing Technological Landscape And What The Market Has In Store For The Stakeholders.

    Published on: May 2022

    Overview of the Worldwide Cloud-based Database Security Industry

    With the rising use of cloud-based solutions by businesses in recent years, the demand to improve cloud-based database security has grown significantly. Organizations are migrating to cloud-based IT infrastructure to improve performance, which has resulted in a surge in demands for Cloud-based Database Security. Furthermore, Cloud-based Database Security suppliers are likely to see a large potential over the projection period due to improvements in cloud technology, which is fueling demand for Cloud-based Database Security. Another aspect driving the need for cloud-based database security is the rapid growth of cloud networks and virtualization, as data and applications are becoming more portable and distributed across a wide range of networks.

    Explaining it further

    Cloud-based database security is used for security applications, and security majors must be able to run software on the cloud for an extended period of time. The amount of data generated and kept in the cloud is enormous, and it must be protected in order to protect the privacy of customers and businesses. Cloud-based database security is used to limit access, authentication, and other activities. The demand for cloud-based database security is predicted to grow significantly throughout the forecast period, owing to the causes mentioned above.

    Drivers and Restraints in the Global Cloud-based Database Security Market

    • A significant increase in organization operations using mobile devices like smartphones, tablets, and others is one of the primary factors driving the growth of the Cloud-based Database Security market.
    • Because cloud access is granted to users via devices, there may be concerns about data privacy, which can be addressed with Cloud-based Database Security. A growing variety of dangers, such as data breach, account hacking, data loss, and others, are also providing a new potential market opportunity for Cloud-based Database Security.
    • Another reason driving the Cloud-based Database Security market is the rising number of cyber-attacks, as the number of assaults on cloud databases is continuously increasing, and Cloud-based Database Security is emerging as an effective approach to avoid these attacks.
    • Organizations’ growing use of cloud-based solutions to improve performance, scalability, availability, and lower total deployment costs is driving a demand for Cloud-based Database Security from these businesses to maintain security. On the other hand, one of the significant challenges for the growth of the cloud-based database security market is the low acceptance rate of cloud-based database security.

    Key Players in the Global Cloud-based Database Security Market

    • IBM Corporation
    • Fortinet, Inc.
    • McAfee
    • LLC
    • Oracle Corporation
    • Imperva Inc.
    • Informatica Ltd
    • Gemalto NV

    Cloud-based database security players are continually working to improve the security of databases hosted in the cloud. In addition, cloud-based database security suppliers have been constantly evolving over the last few years.

    Market Forecasts for Cloud-based Database Security by Region

    • Because of the rising attention of enterprises in the BFSI sector to improve cloud-based database security, the North America region is likely to hold a substantial market share in the worldwide cloud-based database security market throughout the forecast period.
    • Due to increased government laws for strengthening security, such as the GDPR law, Western Europe is the second largest market for cloud-based database security. As a result of these restrictions, the demand for robust security is growing, which is met by adopting cloud-based database security.
    • The cloud-based database security market in South East Asia and Other Asia Pacific regions is predicted to rise at a considerable CAGR throughout the forecast period, owing to increasing usage of cloud-based services, which is fueling the cloud-based database security industry. Because modern technologies are not widely adopted in MEA, the market for cloud-based database security is likely to grow at a low CAGR.

    Segmentation Based on Type

    • public cloud
    • private cloud
    • hybrid cloud

    Segmentation Based on Industry

    • retail
    • BFSI
    • government
    • IT & Telecommunication
    • Others

    Segmentation Based on Region

    • North America
    • Latin America
    • Western Europe
    • Eastern Europe
    • South East Asia and Others of Asia Pacific
    • Japan
    • China
    • Middle East & Africa

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