Global Cloud Database Security Market is valued USD 4.2 billion in 2017 is anticipated to grow USD 16.9 billion with the compounded annual growth of 19 % over the forecast period 2018-2025.
New York 31 Aug 2018, As per the new research study conducted by Bizwit Research & Consulting, Global Cloud Database Security Market industry is poised to raise USD 16.9 billion by 2025. Proliferation of cloud computing in the market has been remarkable as benefits gained from cloud-based services are abundant. Enabling organizations to reduce cost without losing business agility and achieve economies of scale. However, information is knowledge especially for business and moving data into cloud raises many concerns, as enterprises tend to share or have little or no control over the data being stored in the cloud. In addition, there is a growing trend of security threats being made broadly available online through underground economy. Hence, it is important that care is taken to have right people have access to sensitive information; zero tolerance being maintained for data loss due to theft, snooping and other threats from within and outside the network. In addition, organizations have to assure compliance with hundreds of laws that makes them directly responsible for personal, financial, or proprietary data. As per regional analysis Asia – Pacific will have fastest growth rate owing to growing internet penetration and digitalization. North America will also have significant growth rate, followed by Europe, due to the innovations obtained from security technologies.
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Global Cloud Database Security Market Size study by Application (Cloud Activity Monitoring, Access Management, User Authentication), by Type (Public Cloud, Private Cloud, Hybrid Cloud), and by Verticals and by Regional Forecasts 2018-2025
The industry is seeming to be fairly competitive. Some of the leading market players include IBM Corporation, FORTINET INC, MCAFEE LLC, GEMALTO NV, ORACLE CORPORATION, IMPERVA INC, INTEL SECURITY GROUP, INFORMATICA LTD, ENTIT SOFTWARE LLC, AXIS TECHNOLOGY LLC and so on. The fierce competitiveness has made these players spend in product developments to improve the customer’s requirements.
Key findings of the study:
- Asia – Pacific will have fastest growth rate owing to growing internet penetration and digitalization.
- North America will also have significant growth rate, followed by Europe, due to the innovations obtained from security technologies.
Bizwit Research & Consulting LLP has considered following segments for the study:
- Cloud Activity Monitoring
- Access Management
- User Authentication
- Public Cloud
- Private Cloud
- Hybrid Cloud
- North America
- Asia Pacific
- Latin America
- Rest of the World