Global Cloud Database Security Software Market Type, Application -Global Analysis and Industry Forecast 2021 – 2030

In a recently published report, Global Cloud Database Security Software Market report for till 2030. The report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U S Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analysis and U.S. Census Bureau mention the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) average exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilst imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Global Cloud Database Security Software Market products.

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Moreover, increase in ICT spending around the globe for hardware, software, services, new technologies and telecom among others is also anticipated to contribute to the growth of the market in the coming years. The spending on new technologies recorded around USD 0.6 million in 2018 and is further estimated to reach close to USD 1.3 million by 2023. The total ICT spending around the globe further recorded close to USD 5 million in 2019 and is further.

The main function of the cloud database security software is to provide security to cloud-based services or cloud computing architectures. It is concerned for the security of key parameters such as compliance, governance, data protection, architecture, and identity and access. Growing use of cloud services for critical data storage and the sudden increase in cloud-specific attacks are the main drivers for the global cloud security software market.
An increasing number of companies are transferring their data to the cloud as result of multiple factors such as flexibility, cost saving, and availability. Increasing use of cloud-based services in non-traditional sectors and the rise in employee mobility are some of the other drivers for this market. Endpoint monitoring, encryption, Identity and Access Management (IAM), vulnerability scanning, application and messaging security and intrusion detection are some of the features offered by a cloud database security solution.

Market Dynamics
The global cloud security software market is pegged with some growth inhibitors despite strong growth drivers and interesting trends. It is still believed by some cloud service providers that cloud security is the responsibility of the end users. As a result, cloud security solutions are not much offered by the providers. Lack of awareness among end-users about the risks associated with cloud computing is another major issue. Inconsistent network connections and lack of proper cloud security standards are some other challenges in the market. The adoption of cloud security solutions is, however, expected to be boosted as a result of increasing adoption of cloud-based services and the growing criticality of data in the cloud.

Market Segmentation
On the basis of deployment, the market is segmented into Public, Private and Hybrid. On the basis of end-users’ types, it is categorised into SMBs, Large Enterprises, Cloud Service Providers, Government Agencies and Others/Third Party Vendors. It is divided into Healthcare, Retail, Government, BFSI, IT & Telecom, Aerospace Defence and Intelligence, Media & Entertainment, Manufacturing and Others on the basis of industry types.

Regional/Geographic Analysis
Owing to high adoption rate of the solutions along with the increase in the cyber-attacks and reported data breaches in the region United States remained to be the key driver in the region. As a result of increasing adoption of the solution in the countries such as China, Japan, Australia and India, APAC is expected to be the fastest growing region in the global cloud security software market over the forecast period.

Key Players
IBM, Fortinet, Porticor, McAfee, Safenet, Oracle, Imperva, Netlib, Green SQL, HP, Trustwave, Informatica, Voltage Security and Axis Technology are the key major players which are a part of the competitive and diversified Cloud Database Security market.

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Report ContentsRegional AnalysisReport Highlights
Global Market segments
Global Market Drivers, Restraints and Opportunities
Global Market Size & Forecast 2016 to 2022
Supply & Demand Value Chain
Global Market – Current Trends
Competition & Major Companies
Technology and R&D Status
Porters Five Force Analysis
Strategic and Critical Success Factor Analysis of Key Players

North America
US and Canada

Latin America
Mexico, Brazil, Argentina and Rest of Latin America

Western Europe
EU5 (Germany, France, Italy, Spain, U.K.)
Nordic Countries (Denmark, Finland, Norway, and Sweden)
Benelux (Belgium, The Netherlands, and Luxembourg)
Rest of Western Europe

Eastern Europe
Rest of Eastern Europe

Asia Pacific
Australia and New Zealand
Rest of Asia Pacific

Middle East and Africa
GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
South Africa
North Africa
Rest of Middle East and Africa

This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
Consumer and Pricing Analysis
Market dynamics of the industry
Market Segmentation
Estimated Market Sizing in terms of volume and value
Recent trends in market and impact
Research Status and Technology Overview
Extensive Industry Structure Coverage

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