Global Database Encryption Market, 2016–2024
Database encryption is a process that converts the data using specific algorithm into cipher text which cannot be comprehended until decrypted.
Database encryption is a process that converts the data using specific algorithm into cipher text which cannot be comprehended until decrypted.
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<strong>Database</strong> <strong>Encryption</strong> <strong>Market</strong><br />
<strong>Global</strong> <strong>Database</strong> <strong>Encryption</strong> <strong>Market</strong>: Regional Analysis<br />
North America is expected to lead the global database encryption market followed by<br />
Europe. The rising cyber attacks fuel the market in the North American region. Asia-Pacific<br />
is expected to be the highest growing database encryption market in terms of demand and<br />
revenue. The rising ‘Bring Your Own Devices’ policy among the various organizations and<br />
increasing communication among the organization escalated the demand for the storage of<br />
business data in a secured database and attributed the market growth in the Asia-Pacific<br />
region. The increasing adoption of the database encryption market in the small-, mediumand<br />
large-scale businesses in developing regions such as India, Japan, and China is majorly<br />
for securing their business and confidential personal data.<br />
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<strong>Global</strong> <strong>Database</strong> <strong>Encryption</strong> <strong>Market</strong>: Competitive Players<br />
The major players that dominate the global database encryption market include Cisco<br />
Systems, IBM Corporation, Symantec Corporation, HP, Vormetric, McAfee, Oracle,<br />
Microsoft Corporation, and Sophos Ltd. The other players in the global market are Check<br />
Point Software Technologies Ltd., SAS Institute Inc., Trend Micro Inc., Win Magic Inc.,<br />
PKWARE Inc., Intel, and EMC Corporation. These competitive players have implemented<br />
various strategies such as collaboration, agreement, partnership, and new application<br />
launch for acquiring a standard position in the global market.
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