Market Research Future - Premium Research Reports Global Database Encryption Market 2022 | Page 3

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Win Magic Inc. (Canada)

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Gem alto NV (France)

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PKWARE, Inc. (U.S.)

Database Encryption Market Overview:
The Database Encryption can be segmented by database encryption type, by deployment type and by
applications. By database encryption type, transparent, column level, and file-system technology among
others is used to provide security over company’s sensitive data by transforming data into data covered
by cipher text which can only decrypted by required receiver. Various application sectors such as IT &
telecom, manufacturing, BFSI, retail, government, healthcare, aerospace & defence among others are
showing fruitful opportunities for the Database Encryption market.
Market Research Analysis:
Database encryption is a technique of providing secured network to store the important and sensitive
data of a company. It is a technique of converting plain data into a cypher text by applying a suitable
encryption algorithm. This cypher text would help in preventing data loss or threat of hacking among
organizations. Changing enterprise industry and high adoption of cloud storage technology is increasing
the growth of database encryption market.
The growing mobility and digitization trend is also fuelling the market growth of Database Encryption.
However, strict government regulation and lack of skilled cyber-security professionals are the current
challenges which are hampering the market growth.
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