“Increasing demand for cloud-based database by organizations is expected to play a significant role in augmenting the growth prospects in the database encryption market
The database encryption market is expected to grow from USD 261.8 million in 2015 to USD 968.3 million by 2020, at a Compound Annual Growth Rate (CAGR) of 29.9%. The market is being driven by factors such as increasing need for compliance with regulatory mandates by organizations for data protection and the increasing demand for cloud services and cloud-based databases.
BFSI, healthcare, and government & public sector industries are expected to hold the largest market share during the forecast period
Due to increasing Bring Your Own Device (BYOD), mobility, and other digitalization trends among industries such as BFSI, healthcare, IT & telecom, and government & public sector, the volume of business data and personal data of customers in such industries has also increased in these verticals. Thus, since these industries need to manage and secure the huge volumes of data stored in their databases, they are expected to grow at the highest CAGR during the forecast period.
North America is expected to hold the largest market share in the database encryption market
North America is expected to hold the largest market share of the database encryption market during the forecast period, followed by Europe. The adoption of any new or emerging technology is adopted at a higher rate in North America than in any other region. Moreover, the adoption of cloud, mobility, and BYOD is highest in North America, leading to the generation of confidential data. Thus, the need to protect this data is encouraging organizations to adopt database encryption solutions in the region. Asia-Pacific is expected to grow at the highest CAGR in the database encryption market during the forecast period.
In the process of determining and verifying the market size for several segments and sub-segments gathered through secondary research, extensive primary interviews were conducted with key people. Breakdown of profile of primary participants is given below as:
• By Company Type: Tier 1 – 45 %, Tier 2 – 30% and Tier 3 –25%
• By Designation: C level – 40%, Director level – 25%, Others – 35%
• By Region: North America – 10%, Europe – 20%, APAC – 40%, RoW – 30%
With the emergence of cloud database or Database as a Service (DBaaS), the role of cloud-based database encryption market is set to offer tremendous opportunities for growth during the forecast period. The increasing threat of theft of intellectual data and data being by hacked is driving industries to adopt database encryption solutions, thereby boosting the growth of the market during the forecast period.
The various key security analytics vendors and service providers profiled in the report are as follows:
1. IBM
2. Symantec
3. Intel Security (McAfee)
4. Microsoft Corporation
5. Oracle Corporation
6. NetApp, Inc.
7. Vormetric
8. Hewlett-Packard
9. Sophos Ltd.
10. Gemalto
The report will help the market leaders/new entrants in this market in the following ways:
1. This report segments the security analytics market comprehensively and provides the closest approximations of the revenue numbers for the overall market and the sub segments across the different verticals and regions.
2. The report helps stakeholders to understand the pulse of the market and provides them information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to better understand the competitor and gain more insights to better their position in the business. The competitive landscape section includes competitor ecosystem, new product developments, partnerships, mergers, and acquisitions.
”
“TABLE OF CONTENTS
1 INTRODUCTION 14
1.1 OBJECTIVES OF THE STUDY 14
1.2 MARKET DEFINITION 15
1.3 MARKET SCOPE 15
1.3.1 MARKETS COVERED 16
1.3.2 YEARS CONSIDERED FOR THE STUDY 17
1.3.3 CURRENCY 17
1.4 LIMITATIONS 17
1.5 STAKEHOLDERS 18
2 RESEARCH METHODOLOGY 19
2.1 RESEARCH DATA 19
2.1.1 SECONDARY DATA 20
2.1.1.1 Key data from secondary sources 20
2.1.2 PRIMARY DATA 21
2.1.2.1 Key data from primary sources 21
2.1.2.2 Key industry insights 22
2.1.2.3 Breakdown of primary interviews 23
2.2 MARKET SIZE ESTIMATION 23
2.2.1 BOTTOM-UP APPROACH 24
2.2.2 TOP-DOWN APPROACH 25
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 26
2.4 ASSUMPTIONS 27
3 EXECUTIVE SUMMARY 28
4 PREMIUM INSIGHTS 32
4.1 ATTRACTIVE OPPORTUNITIES IN THE DATABASE ENCRYPTION MARKET 32
4.2 DATABASE ENCRYPTION MARKET SNAPSHOT, BY VERTICAL 33
4.3 DATABASE ENCRYPTION MARKET: MARKET SIZE OF TOP THREE VERTICALS AND REGIONS 34
4.4 GLOBAL DATABASE ENCRYPTION LIFECYCLE ANALYSIS, 2015 35
5 MARKET OVERVIEW 36
5.1 INTRODUCTION 37
5.2 MARKET EVOLUTION 37
5.3 MARKET SEGMENTATION 38
5.3.1 BY DATABASE ENCRYPTION TYPE 38
5.3.2 BY DEPLOYMENT TYPE 39
5.3.3 BY END USER 39
5.3.4 BY VERTICAL 40
5.3.5 BY REGION 40
5.4 MARKET DYNAMICS 41
5.4.1 DRIVERS 42
5.4.1.1 Need of organizations to comply with regulatory standards 42
5.4.1.2 Growing demand for cloud-based database 42
5.4.1.3 Availability of flexible encryption software 42
5.4.2 RESTRAINTS 43
5.4.2.1 High cost encryption solutions 43
5.4.2.2 Lack of proper key management 43
5.4.3 OPPORTUNITIES 44
5.4.3.1 Increasing demand for cloud based encryption solutions 44
5.4.4 CHALLENGES: IMPACT ANALYSIS 45
5.4.4.1 Heterogeneous IT environment 45
5.5 REGULATORY IMPACT 45
5.5.1 GLB 45
5.5.2 FIPS 46
5.5.3 PCI DSS 46
5.5.4 HIPAA 46
6 INDUSTRY TRENDS 47
6.1 INTRODUCTION 47
6.2 VALUE CHAIN ANALYSIS 47
6.3 STRATEGIC BENCHMARKING 48
6.4 ENCRYPTION ALGORITHMS 48
6.4.1 DES AND TRIPLE DES 48
6.4.2 ADVANCED ENCRYPTION STANDARD 49
6.4.2.1 AES 256 bit encryption 49
6.4.2.2 AES-128 bit encryption 49
6.4.2.3 XXTEA-128 bit encryption 49
6.4.2.4 RSA 49
6.4.2.5 Blowfish 49
6.4.2.6 Twofish 49
6.4.2.7 Conclusion 49
7 DATABASE ENCRYPTION MARKET ANALYSIS, BY TYPE 50
7.1 INTRODUCTION 51
7.2 DATABASE ENCRYPTION TYPES 51
7.2.1 TRANSPARENT/EXTERNAL DATABASE ENCRYPTION 51
7.2.2 COLUMN LEVEL ENCRYPTION 51
7.2.3 FILE-SYSTEM ENCRYPTION 51
7.2.4 APPLICATION-LEVEL ENCRYPTION 52
7.2.5 KEY MANAGEMENT 52
7.3 DATABASE OPERATIONAL MODELS 52
7.3.1 DATA-AT-REST 52
7.3.2 DATA-IN-MOTION 52
8 DATABASE ENCRYPTION MARKET ANALYSIS, BY DEPLOYMENT TYPE 53
8.1 INTRODUCTION 54
8.2 ON-PREMISES 55
8.3 CLOUD DEPLOYMENT 56
9 DATABASE ENCRYPTION MARKET ANALYSIS, BY ORGANIZATION SIZE 58
9.1 INTRODUCTION 59
9.2 SMALL AND MEDIUM ENTERPRISES 60
9.3 ENTERPRISES 61
10 DATABASE ENCRYPTION MARKET ANALYSIS, BY VERTICAL 62
10.1 INTRODUCTION 63
10.2 BFSI 64
10.3 HEALTHCARE 65
10.4 GOVERNMENT AND PUBLIC SECTOR 65
10.5 RETAIL AND E-COMMERCE 66
10.6 IT AND TELECOM 67
10.7 AEROSPACE AND DEFENSE 68
10.8 OTHERS 69
11 GEOGRAPHIC ANALYSIS 70
11.1 INTRODUCTION 71
11.2 NORTH AMERICA 73
11.2.1 U.S. 74
11.2.2 CANADA 75
11.3 EUROPE 76
11.3.1 U.K. 77
11.3.2 GERMANY 78
11.3.3 FRANCE 79
11.4 ASIA-PACIFIC 80
11.4.1 CHINA 82
11.4.2 JAPAN 83
11.5 MIDDLE EAST AND AFRICA 84
11.5.1 KINGDOM OF SAUDI ARABIA 85
11.6 LATIN AMERICA 86
11.6.1 MEXICO 87
11.6.2 BRAZIL 88
12 COMPETITIVE LANDSCAPE 89
12.1 OVERVIEW 89
12.2 COMPETITIVE SITUATION AND TRENDS 90
12.2.1 NEW PRODUCT LAUNCHES 91
12.2.2 AGREEMENTS, PARTNERSHIPS, COLLABORATIONS, AND JOINT VENTURES 92
12.2.3 MERGERS AND ACQUISITIONS 93
12.2.4 EXPANSIONS 94
13 COMPANY PROFILES 95
(Company at a Glance, Recent Financials, Products & Services, Strategies & Insights, & Recent Developments)*
13.1 INTRODUCTION 95
13.2 INTERNATIONAL BUSINESS MACHINES CORPORATION 96
13.3 SYMANTEC CORPORATION 99
13.4 INTEL SECURITY (MCAFEE) 102
13.5 MICROSOFT CORPORATION 104
13.6 ORACLE CORPORATION 107
13.7 NETAPP, INC. 110
13.8 HEWLETT-PACKARD COMPANY 112
13.9 VORMETRIC 114
13.10 SOPHOS LTD 116
13.11 GEMALTO 117
*Details on company at a glance, recent financials, products & services, strategies & insights, & recent developments might not be captured in case of unlisted companies.
14 APPENDIX 119
14.1 INSIGHTS OF INDUSTRY EXPERTS 119
14.2 DISCUSSION GUIDE 120
14.3 INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE 123
14.4 AVAILABLE CUSTOMIZATIONS 124
14.5 RELATED REPORTS 125
“
“LIST OF TABLES
TABLE 1 GLOBAL DATABASE ENCRYPTION MARKET SIZE AND GROWTH,
2013–2020 (USD MILLION, Y-O-Y %) 29
TABLE 2 DRIVERS: IMPACT ANALYSIS 43
TABLE 3 RESTRAINTS: IMPACT ANALYSIS 44
TABLE 4 OPPORTUNITIES: IMPACT ANALYSIS 44
TABLE 5 CHALLENGES: IMPACT ANALYSIS 45
TABLE 6 DATABASE ENCRYPTION MARKET SIZE, BY DEPLOYMENT TYPE,
2013–2020 (USD MILLION) 54
TABLE 7 ON-PREMISES: DATABASE ENCRYPTION MARKET SIZE, BY REGION,
2013–2020 (USD MILLION) 55
TABLE 8 ON-PREMISES: DATABASE ENCRYPTION MARKET SIZE, BY ORGANIZATION SIZE, 2013–2020 (USD MILLION) 56
TABLE 9 CLOUD: DATABASE ENCRYPTION MARKET SIZE, BY REGION,
2013–2020 (USD MILLION) 56
TABLE 10 CLOUD: DATABASE ENCRYPTION MARKET SIZE, BY ORGANIZATION SIZE,
2013–2020 (USD MILLION) 57
TABLE 11 DATABASE ENCRYPTION MARKET SIZE, BY ORGANIZATION SIZE,
2013–2020 (USD MILLION) 59
TABLE 12 SMES: DATABASE ENCRYPTION MARKET SIZE, BY REGION,
2013–2020 (USD MILLION) 60
TABLE 13 SMES: DATABASE ENCRYPTION MARKET SIZE, BY DEPLOYMENT TYPE,
2013–2020 (USD MILLION) 60
TABLE 14 ENTERPRISES: DATABASE ENCRYPTION MARKET SIZE, BY REGION,
2013–2020 (USD MILLION) 61
TABLE 15 ENTERPRISES: DATABASE ENCRYPTION MARKET SIZE, BY DEPLOYMENT TYPE, 2013–2020 (USD MILLION) 61
TABLE 16 GLOBAL DATABASE ENCRYPTION MARKET SIZE, BY VERTICAL,
2013–2020 (USD MILLION) 63
TABLE 17 BFSI: DATABASE ENCRYPTION MARKET SIZE, BY REGION,
2013–2020 (USD MILLION) 64
TABLE 18 HEALTHCARE: DATABASE ENCRYPTION MARKET SIZE, BY REGION,
2013–2020 (USD MILLION) 65
TABLE 19 GOVERNMENT AND PUBLIC SECTOR: DATABASE ENCRYPTION MARKET SIZE,
BY REGION, 2013–2020 (USD MILLION) 66
TABLE 20 RETAIL AND E-COMMERCE: DATABASE ENCRYPTION MARKET SIZE,
BY REGION, 2013–2020 (USD MILLION) 66
TABLE 21 IT AND TELECOM: DATABASE ENCRYPTION MARKET SIZE, BY REGION,
2013–2020 (USD MILLION) 67
TABLE 22 AEROSPACE AND DEFENSE: DATABASE ENCRYPTION MARKET SIZE, BY REGION, 2013–2020 (USD MILLION) 68
TABLE 23 OTHERS : DATABASE ENCRYPTION MARKET SIZE, BY REGION,
2013–2020 (USD MILLION) 69
TABLE 24 DATABASE ENCRYPTION MARKET SIZE, BY REGION, 2013–2020 (USD MILLION) 72
TABLE 25 NORTH AMERICA: DATABASE ENCRYPTION MARKET SIZE, BY COUNTRY,
2013–2020 (USD MILLION) 74
TABLE 26 U.S.: DATABASE ENCRYPTION MARKET SIZE, BY VERTICAL,
2013–2020 (USD MILLION) 74
TABLE 27 U.S.: DATABASE ENCRYPTION MARKET SIZE, BY ORGANZATION SIZE,
2013–2020 (USD MILLION) 75
TABLE 28 CANADA: DATABASE ENCRYPTION MARKET SIZE, BY VERTICAL,
2013–2020 (USD MILLION) 75
TABLE 29 CANADA: DATABASE ENCRYPTION MARKET SIZE, BY ORGANZATION SIZE,
2013–2020 (USD MILLION) 76
TABLE 30 EUROPE: DATABASE ENCRYPTION MARKET SIZE, BY COUNTRY,
2013–2020 (USD MILLION) 76
TABLE 31 U.K.: DATABASE ENCRYPTION MARKET SIZE, BY VERTICAL,
2013–2020 (USD MILLION) 77
TABLE 32 U.K.: DATABASE ENCRYPTION MARKET SIZE, BY ORGANZATION SIZE,
2013–2020 (USD MILLION) 77
TABLE 33 GERMANY: DATABASE ENCRYPTION MARKET SIZE, BY INDUSTRY VERTICAL,
2013–2020 (USD MILLION) 78
TABLE 34 GERMANY: DATABASE ENCRYPTION MARKET SIZE, BY ORGANNIZATION SIZE, 2013–2020 (USD MILLION) 78
TABLE 35 FRANCE: DATABASE ENCRYPTION MARKET SIZE, BY VERTICAL,
2013–2020 (USD MILLION) 79
TABLE 36 FRANCE: DATABASE ENCRYPTION MARKET SIZE, BY ORGANNIZATION SIZE,
2013–2020 (USD MILLION) 79
TABLE 37 ASIA-PACIFIC: DATABASE ENCRYPTION MARKET SIZE, BY COUNTRY,
2013–2020 (USD MILLION) 81
TABLE 38 CHINA: DATABASE ENCRYPTION MARKET SIZE, BY VERTICAL,
2013–2020 (USD MILLION) 82
TABLE 39 CHINA: DATABASE ENCRYPTION MARKET SIZE, BY ORGANNIZATION SIZE,
2013–2020 (USD MILLION) 82
TABLE 40 JAPAN: DATABASE ENCRYPTION MARKET SIZE, BY VERTICAL,
2013–2020 (USD MILLION) 83
TABLE 41 JAPAN: DATABASE ENCRYPTION MARKET SIZE, BY ORGANNIZATION SIZE,
2013–2020 (USD MILLION) 83
TABLE 42 MIDDLE EAST AND AFRICA: DATABASE ENCRYPTION MARKET SIZE, BY COUNTRY, 2013–2020 (USD MILLION) 84
TABLE 43 KINGDOM OF SAUDI ARABIA: DATABASE ENCRYPTION MARKET SIZE, BY VERTICAL, 2013–2020 (USD MILLION) 85
TABLE 44 KINGDOM OF SAUDI ARABIA: DATABASE ENCRYPTION MARKET SIZE,
BY ORGANNIZATION SIZE, 2013–2020 (USD MILLION) 85
TABLE 45 LATIN AMERICA: DATABASE ENCRYPTION MARKET SIZE, BY COUNTRY,
2013–2020 (USD MILLION) 86
TABLE 46 MEXICO: DATABASE ENCRYPTION MARKET SIZE, BY VERTICAL,
2013–2020 (USD MILLION) 87
TABLE 47 MEXICO: DATABASE ENCRYPTION MARKET SIZE, BY ORGANIZATION SIZE,
2013–2020 (USD MILLION) 87
TABLE 48 BRAZIL: DATABASE ENCRYPTION MARKET SIZE, BY VERTICAL,
2013–2020 (USD MILLION) 88
TABLE 49 BRAZIL: DATABASE ENCRYPTION MARKET SIZE, BY ORGANIZATION SIZE,
2013–2020 (USD MILLION) 88
TABLE 50 NEW PRODUCT LAUNCHES, 2012–2015 91
TABLE 51 AGREEMENTS, PARTNERSHIPS, COLLABORATIONS, AND JOINT VENTURES,
2012–2015 92
TABLE 52 MERGERS AND ACQUISITIONS, 2012–2015 93
TABLE 53 EXPANSIONS, 2013–2015 94
“
“LIST OF FIGURES
FIGURE 1 MARKET SEGMENTATION 16
FIGURE 2 DATABASE ENCRYPTION MARKET: RESEARCH DESIGN 19
FIGURE 3 BREAKDOWN OF PRIMARY INTERVIEW: BY COMPANY TYPE, DESIGNATION,
AND REGION 23
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 24
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 25
FIGURE 6 DATA TRIANGULATION 26
FIGURE 7 DATABASE ENCRYPTION MARKET SIZE, BY VERTICAL, 2015-2020 (USD MILLION) 29
FIGURE 8 CLOUD DEPLOYMENTS ARE EXPECTED TO EXHIBIT THE HIGHEST GROWTH DURING THE FORECAST PERIOD 30
FIGURE 9 REGIONAL MARKET SNAPSHOT: ASIA-PACIFIC EXPECTED TO PRESENT OPPORTUNITIES TO DRIVE THE DATABASE ENCRYPTION MARKET 31
FIGURE 10 LUCRATIVE GROWTH PROSPECTS IN THE DATABASE ENCRYPTION MARKET 32
FIGURE 11 LUCRATIVE GROWTH PROSPECTS IN DATABASE ENCRYPTION MARKET 33
FIGURE 12 NORTH AMERICA EXPECTED TO HOLD THE LARGEST SHARE IN THE DATABASE ENCRYPTION MARKET IN 2015 34
FIGURE 13 ASIA-PACIFIC IS EXPECTED TO SOON ENTER THE HIGH GROWTH PHASE 35
FIGURE 14 EVOLUTION OF DATABASE ENCRYPTION 37
FIGURE 15 DATABASE ENCRYPTION MARKET SEGMENTATION: BY TYPE 38
FIGURE 16 DATABASE ENCRYPTION MARKET SEGMENTATION: BY DEPLOYMENT TYPE 39
FIGURE 17 DATABASE ENCRYPTION MARKET SEGMENTATION: BY END USER 39
FIGURE 18 DATABASE ENCRYPTION MARKET SEGMENTATION: BY VERTICAL 40
FIGURE 19 DATABASE ENCRYPTION MARKET SEGMENTATION: BY REGION 40
FIGURE 20 DATABASE ENCRYPTION MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES,
AND CHALLENGES 41
FIGURE 21 VALUE CHAIN ANALYSIS (2015): MAJOR ROLE PLAYED BY DATABASE ENCRYPTION SERVICE PROVIDERS 47
FIGURE 22 CLOUD-BASED DATABASE ENCRYPTION SOFTWARE IS EXPECTED TO GROW AT THE HIGHEST RATE FROM 2015 TO 2020 54
FIGURE 23 NORTH AMERICA IS EXPECTED TO CONTRIBUTE SUBSTANTIALLY TOWARD ON-PREMISES DATABASE ENCRYPTION MARKET 55
FIGURE 24 SMES ARE GROWING SUBSTANTIALLY IN THE DATABASE ENCRYPTION MARKET 59
FIGURE 25 BFSI IS GROWING SUBSTANTIALLY AMONG INDUSTRY VERTICALS IN THE DATABASE ENCRYPTION MARKET 63
FIGURE 26 ASIA-PACIFIC IS EXPECTED TO GROW AT THE HIGHEST CAGR FROM 2015 TO 2020 71
FIGURE 27 APAC IS EXPECTED TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD 2015-2020 72
FIGURE 28 NORTH AMERICA MARKET SNAPSHOT: ON-PREMISES DEPLOYMENT TO CONTRIBUTE MAXIMUM TO THE MARKET 73
FIGURE 29 ASIA-PACIFIC DATABASE ENCRYPTION MARKET SNAPSHOT: IT AND TELECOM INDUSTRY IS EXPECTED TO GAIN POPULARITY AMONG THE USERS 81
FIGURE 30 COMPANIES ADOPTED NEW PRODUCT LAUNCH AS THE KEY GROWTH STRATEGY DURING 2012–2015 89
FIGURE 31 MARKET EVALUATION FRAMEWORK 90
FIGURE 32 BATTLE FOR MARKET SHARE: NEW PRODUCT LAUNCH WAS THE KEY STRATEGY 91
FIGURE 33 GEOGRAPHIC REVENUE MIX OF TOP 4 MARKET PLAYERS 95
FIGURE 34 IBM: COMPANY SNAPSHOT 96
FIGURE 35 IBM: SWOT ANALYSIS 98
FIGURE 36 SYMANTEC CORPORATION: COMPANY SNAPSHOT 99
FIGURE 37 SYMANTEC: SWOT ANALYSIS 101
FIGURE 38 INTEL SECURITY: SWOT ANALYSIS 103
FIGURE 39 MICROSOFT CORPORATION: COMPANY SNAPSHOT 104
FIGURE 40 MICROSOFT CORPORATION: SWOT ANALYSIS 106
FIGURE 41 ORACLE CORPORATION: COMPANY SNAPSHOT 107
FIGURE 42 ORACLE: SWOT ANALYSIS 109
FIGURE 43 NETAPP, INC: COMPANY SNAPSHOT 110
FIGURE 44 HEWLETT-PACKARD COMPANY: COMPANY SNAPSHOT 112
FIGURE 45 GEMALTO : COMPANY SNAPSHOT 117
“
