Zion Market Research Global Database Encryption Market, 2016–2024 | Page 4
Database Encryption Market
Global Database Encryption Market: Regional Analysis
North America is expected to lead the global database encryption market followed by
Europe. The rising cyber attacks fuel the market in the North American region. Asia-Pacific
is expected to be the highest growing database encryption market in terms of demand and
revenue. The rising ‘Bring Your Own Devices’ policy among the various organizations and
increasing communication among the organization escalated the demand for the storage of
business data in a secured database and attributed the market growth in the Asia-Pacific
region. The increasing adoption of the database encryption market in the small-, medium-
and large-scale businesses in developing regions such as India, Japan, and China is majorly
for securing their business and confidential personal data.
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Global Database Encryption Market: Competitive Players
The major players that dominate the global database encryption market include Cisco
Systems, IBM Corporation, Symantec Corporation, HP, Vormetric, McAfee, Oracle,
Microsoft Corporation, and Sophos Ltd. The other players in the global market are Check
Point Software Technologies Ltd., SAS Institute Inc., Trend Micro Inc., Win Magic Inc.,
PKWARE Inc., Intel, and EMC Corporation. These competitive players have implemented
various strategies such as collaboration, agreement, partnership, and new application
launch for acquiring a standard position in the global market.