DUBLIN, March 3, 2016 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/8d2mmz/database) has announced the addition of the "Database Encryption Market - Global Forecast to 2020"report to their offering.
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The database encryption market is expected to grow from USD 261.8 Million in 2015 to USD 968.3 Million by 2020, at a CAGR of 29.9%.
The extensive usage of mobile devices, social media, and virtual storage among organizations and consumers has generated huge data which is vulnerable to loss. Such sensitive information is stored in the form of database and is warehoused in data centers or in virtual storage.
Furthermore, companies store these databases in heterogeneous environments, ranging from business networks to diverse type of clouds. However, this vast and sensitive information is vulnerable to loss and breaches with the rising number of cyber-attacks. Thus, this encourages organizations to adopt robust database encryption software that offers multilevel encryption, regardless of the heterogeneous environment.
Factors such as high cost of encryption solutions and lack of proper key management are some of the factors restraining the growth of the market. However, the increasing demand for cloud-based encryption solutions is expected to drive the growth of the market in the future. The companies have also adopted various organic and inorganic growth strategies to increase their share in the market. New product/service launch is the major key strategy followed by companies such as IBM, Symantec, McAfee, and Oracle.
- Hewlett-Packard Company
- Intel Security (Mcafee)
- International Business Machines Corporation
- Microsoft Corporation
- Netapp, Inc.
- Oracle Corporation
- Sophos Ltd
- Symantec Corporation
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Database Encryption Market Overview
6 Database Encryption Market: Industry Trends
7 Database Encryption Market Analysis, By Type
8 Database Encryption Market Analysis, By Deployment Type
9 Database Encryption Market Analysis, By Organization Size
10 Database Encryption Market Analysis, By Vertical
11 Geographic Analysis
12 Competitive Landscape
13 Company Profiles
For more information visit http://www.researchandmarkets.com/research/8d2mmz/database
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SOURCE Research and Markets