Rapid adoption of cloud-based services in the healthcare sector and growing need for maintaining regulatory compliance are some key factors driving market
— Emergen Research
VANCOUVER, BC, CANADA, May 9, 2023 /EINPresswire.com/ — The global cloud database security market size is expected to reach USD 27 Billion in 2028 and register a revenue CAGR of 19.0% over the forecast period, according to latest analysis by Emergen. Rapid adoption of cloud-based services in healthcare sector and the need to maintain regulatory compliance are some key factors driving cloud database security market revenue growth.
Cloud database security is a method of protecting data in cloud computing by protecting databases from unauthorized access, theft, and misuse of confidential data. Server-less or hosted applications that encrypt sensitive data before they are transferred to a public cloud service provider using client-side encryption techniques are included in cloud database security. This ensures that even if an attacker gains access to the servers storing these backups, they are useless without the keys.
In Cloud Database Security business report, industry trends are formulated on macro level which helps clients and the businesses comprehend market place and possible future issues. This market research report involves a key data and information about the Cloud Database Security industry, emerging trends, product usage, motivating factors for customers and competitors, restraints, brand positioning, and customer behaviour. A detailed market study and analysis of trends in consumer and supply chain dynamics cited in this report helps businesses draw the strategies about sales, marketing, advertising, and promotion. The finest Cloud Database Security market research report is generated with the expertise and innovation of a team of researchers, forecasters, analysts and managers.
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The report, additionally, offers a comprehensive SWOT analysis and Porter’s Five Forces analysis to offer a better understanding of the competitive landscape of the industry. It also covers strategies adopted by prominent players such as mergers and acquisitions, collaborations, joint ventures, product launches, and brand promotions, among others. The report aims to offer the readers a holistic understanding of the relevant features of the industry.
Key Players Profiled in the Report are:
IBM Corporation, Fortinet Technologies Inc., Intel Security Group, Oracle Pvt. Ltd., NetLib Security Inc., The Hewlett-Packard Company, Trustwave Holdings, Inc., Voltage Security Inc., Axis Technology LLC, and Informatica LLC.
Some Key Highlights from the Report
In April 2020, Google entered into a partnership with Cisco, which helped Cisco to expand its Software-defined Wide Area Network (SD-WAN) by connecting it to Google Cloud\’s global network. This collaboration has benefitted their clients to fully integrate WAN applications with cloud workloads.
Hybrid segment accounted for a significantly large revenue share in 2020, owing to rapid adoption of hybrid cloud by various IT and tech companies, including Netflix, Hulu, Uber, and Airbnb. A hybrid cloud is made up of both private and public components that can be linked together so that workloads can move freely between them based on availability, cost, and performance needs, among other factors. It also helps in securely maintaining data privacy, which is expected to increase its adoption further.
Cloud activity monitoring segment accounted for a significantly large revenue share in the global market in 2020, owing to increasing number of cyber-attacks across the world. Cloud-based apps are monitored using a variety of application monitoring technologies, which makes them an integral part of cloud database security system.
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Furthermore, the report provides a comprehensive overview of the Cloud Database Security market along with product portfolio and market performance. The report offers key insights into market share, supply chain analysis, demand and supply ratio, import/export details, and product and consumption patterns. To gain a better understanding, the report is further segmented into sections such as product types offered by the market, application spectrum, companies, and key geographical regions where the market has established its presence.
Market Dynamics:
The report offers insightful information about the market dynamics of the Cloud Database Security market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the Cloud Database Security market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the Cloud Database Security market.
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Emergen Research has segmented the global cloud database security market on the basis of type, application, industry vertical, and region:
Type Outlook (Revenue, USD Billion, 2018–2028)
Public Cloud
Private Cloud
Hybrid Cloud
Application Outlook (Revenue, USD Billion, 2018–2028)
Cloud Activity Monitoring
Access Management
User Authentication
Others
Industry Vertical Outlook (Revenue, USD Billion, 2018–2028)
BFSI
Government
Retail
Healthcare
IT & Telecom
Manufacturing
Others
Analysis of the segments and their growth projection is carried out by extensive historical and current analysis of the market scenario. Further, the report offers details about the factors and features of the Cloud Database Security market expected to boost the growth of the industry in the coming years.
Radical Highlights of the Cloud Database Security Market Report:
Comprehensive overview of the Cloud Database Security market along with analysis of the changing dynamics of the market
Growth Assessment of various market segments throughout the forecast period
Regional and global analysis of the market players, including their market share and global position
Growth strategies adopted by key market players to combat the impact of the COVID-19 pandemic on the market
Impact of the technological developments and R&D advancements on the Cloud Database Security market
Information about profit-making strategies and developmental strategies of major companies and manufacturers
Insightful information for the new entrants willing to enter the market
Details and insights about business expansion strategies, product launches, and other collaborations
The report incorporates advanced analytical tools such as SWOT analysis, Porter’s Five Forces Analysis, feasibility analysis, and investment return analysis
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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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