HOME Top Market Reports Database Security Market by Software (Database Auditing & Reporting, Encryption & Tokenization, Data Masking & Redaction, and Access Control Management), Service, Business Function, Deployment, Organization Size, and Vertical - Global Forecast to 2022

Database Security Market by Software (Database Auditing & Reporting, Encryption & Tokenization, Data Masking & Redaction, and Access Control Management), Service, Business Function, Deployment, Organization Size, and Vertical - Global Forecast to 2022

By: marketsandmarkets.com
Publishing Date: December 2017
Report Code: TC 5829

 

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The database security market size is expected to grow from USD 2.57 Billion in 2016 to USD 7.01 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 18.9% during the forecast period (2017–2022). The base year considered for this study is 2016, and the forecast period is between 2017 and 2022.

Objectives of the Study

The main objective of the report is to define, describe, and forecast the global database security market by components, business functions, deployment models, organization sizes, industry verticals, and regions. The report provides detailed information regarding the major factors influencing the growth of the database security market (drivers, restraints, opportunities, and industry-specific challenges). The report aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and contributions to the total market. The report attempts to forecast the market size with respect to 5 main regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. The report strategically profiles key players and comprehensively analyzes their core competencies. It also tracks and analyzes competitive developments, such as partnerships, collaborations, and agreements; mergers and acquisitions; new product launches and product upgradations; and Research and Development (R&D) activities in the global market.

Research Methodology

The research methodology used to estimate and forecast the database security market began with capturing data on key vendor revenues through secondary research, which included directories and databases (D&B Hoovers, Bloomberg Businessweek, and Factiva). The vendor offerings were also taken into consideration to determine the market segmentation. The bottom-up procedure was employed to arrive at the overall market size of the global market that was derived from the revenue of the key players in the market. After arriving at the overall market size, the total market was split into several segments and subsegments, which were then verified through primary research by conducting extensive interviews with key people, such as Chief Executive Officers (CEOs), Vice Presidents (VPs), directors, and executives. The data triangulation and market breakdown procedures were employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments. The breakdown of profiles of primary participants is depicted in the following figure:

Database Security Market

To know about the assumptions considered for the study, download the pdf brochure

The database security ecosystem comprises vendors, such as IBM Corporation (US), Oracle Corporation (US), Trustwave Holdings, Inc. (US), Thales e-Security (France), McAfee, LLC (US), Fortinet, Inc. (US), Innovative Routines International (US), Micro Focus (UK), Imperva (US), HexaTier (Israel), Gemalto NV (Netherlands), and Protegrity USA, Inc. (US).

The other stakeholders of the database security market include database security vendors, research organizations, network and system integrators, database security managed service providers, marketing executives, and technology providers.

Database Security Key Target Audience

  • Database security solution vendors
  • Service providers and distributors
  • Database security application builders
  • Government organizations and agencies
  • Independent Software Vendors (ISVs)
  • Enterprises
  • Consulting companies

“The study answers several questions for the stakeholders, primarily which market segments to focus on in the next 2–5 years for prioritizing efforts and investments.”

Scope of the Report

The research report categorizes the database security market to forecast the revenues and analyze the trends in each of the following subsegments:

By Component

  • Software
    • Database auditing and reporting
    • Encryption and tokenization
    • Data masking and redaction
    • Access control management
    • Others (Backup and recovery, firewall, and antivirus)
  • Services
    • Managed services
    • Professional services
      • Consulting services
      • Support and maintenance services
      • Education and training
      • Risk assessment services

By Business Functions

  • Marketing
  • Sales
  • Operations
  • Finance
  • Others (HR and Legal)

By Deployment Model

  • On-premises
  • Cloud

By Organization Size

  • Small and Medium-sized Enterprises (SMEs)
  • Large enterprises

By Industry Vertical

  • Banking, Financial Services, and Insurance (BFSI)
  • Retail and eCommerce
  • Government and Defense
  • Healthcare and Life Sciences
  • Manufacturing
  • Telecommunications and IT
  • Energy and Utilities
  • Media and Entertainment
  • Others (Travel and Hospitality, transportation and logistics, research, education and real estate)

By Region

  • North America
    • US
    • Canada
  • Europe
    • UK
    • Germany
    • Rest of Europe
  • APAC
    • India
    • China
    • Rest of APAC
  • MEA
    • Kingdom of Saudi Arabia
    • South Africa
    • Rest of Middle East and Africa
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America

Available Customizations

With the given market data, MarketsandMarkets offers customizations as per the company’s specific needs. The following customization options are available for the report:

Product Analysis

  • Product matrix gives a detailed comparison of the product portfolio of each company

Geographic Analysis

  • Further breakdown of the North American database security market
  • Further breakdown of the European market
  • Further breakdown of the APAC market
  • Further breakdown of the Latin American market
  • Further breakdown of the MEA market

Company Information

  • Detailed analysis and profiling of additional market players up to 5.

Table of Contents

1 Introduction (Page No. - 18)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
    1.4 Years Considered for the Study
    1.5 Currency
    1.6 Stakeholders

2 Research Methodology (Page No. - 21)
    2.1 Research Data
           2.1.1 Secondary Data
           2.1.2 Primary Data
                    2.1.2.1 Breakdown of Primaries
                    2.1.2.2 Key Industry Insights
    2.2 Market Size Estimation
    2.3 Research Assumptions
    2.4 Limitations

3 Executive Summary (Page No. - 27)

4 Premium Insights (Page No. - 33)
    4.1 Attractive Market Opportunities in the Database Security Market
    4.2 Market By Region
    4.3 Market By Vertical and Region
    4.4 Investment Opportunities in the Market

5 Market Overview (Page No. - 37)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Growing Demand for Sophisticated Security Solutions
                    5.2.1.2 Evolving Regulatory Landscape
                    5.2.1.3 Growing Volumes of Business Data Across Industries
           5.2.2 Restraints
                    5.2.2.1 Budget Constraints and High Installation Cost of Solutions
           5.2.3 Opportunities
                    5.2.3.1 Proliferation of Cloud-Based Applications and Services
                    5.2.3.2 Growing Acquisitions in the Database Security Solutions Market
           5.2.4 Challenges
                    5.2.4.1 Lack of Awareness About Multi-Layered Security
                    5.2.4.2 Lack of Skilled Workforce
    5.3 Database Security: Use Cases
           5.3.1 Use Case #1: Government
           5.3.2 Use Case #2: Retail
           5.3.3 Use Case #3: Financial Services
    5.4 Rules and Regulations
           5.4.1 Payment Card Industry Data Security Standard
           5.4.2 Health Insurance Portability and Accountability Act
           5.4.3 The Gramm-Leach-Bliley Act
           5.4.4 The Sarbanes-Oxley Act
           5.4.5 Federal Information Security Management Act
    5.5 Standard Features Offered By Database Security Vendors
           5.5.1 Data Discovery and Classification
           5.5.2 Data Protection and Threat Prevention
           5.5.3 Vulnerability Assessment
           5.5.4 Monitoring and Analytics
           5.5.5 Access Control and Management
           5.5.6 Audit and Compliance
           5.5.7 Performance and Scalability

6 Database Security Market, By Component (Page No. - 45)
    6.1 Introduction
    6.2 Software
           6.2.1 Database Auditing and Reporting
           6.2.2 Encryption and Tokenization
           6.2.3 Data Masking and Redaction
           6.2.4 Access Control Management
           6.2.5 Others
    6.3 Services
           6.3.1 Managed Services
           6.3.2 Professional Services
                    6.3.2.1 Consulting Services
                    6.3.2.2 Support and Maintenance
                    6.3.2.3 Education and Training
                    6.3.2.4 Risk Assessment Services

7 Database Security Market, By Business Function (Page No. - 58)
    7.1 Introduction
    7.2 Marketing
    7.3 Sales
    7.4 Finance
    7.5 Operations
    7.6 Others

8 Database Security Market, By Deployment Model (Page No. - 64)
    8.1 Introduction
    8.2 On-Premises
    8.3 Cloud

9 Database Security Market, By Organization Size (Page No. - 68)
    9.1 Introduction
    9.2 Small and Medium-Sized Enterprises
    9.3 Large Enterprises

10 Database Security Market, By Vertical (Page No. - 72)
     10.1 Introduction
     10.2 Banking, Financial Services, and Insurance
     10.3 Telecommunications and IT
     10.4 Government and Defense
     10.5 Manufacturing
     10.6 Healthcare and Life Sciences
     10.7 Retail and Ecommerce
     10.8 Energy and Utilities
     10.9 Media and Entertainment
     10.10 Others

11 Database Security Market, By Region (Page No. - 81)
     11.1 Introduction
     11.2 North America
             11.2.1 By Component
             11.2.2 By Business Function
             11.2.3 By Deployment Model
             11.2.4 By Organization Size
             11.2.5 By Vertical
             11.2.6 By Country
                        11.2.6.1 United States
                        11.2.6.2 Canada
     11.3 Europe
             11.3.1 By Component
             11.3.2 By Business Function
             11.3.3 By Deployment Model
             11.3.4 By Organization Size
             11.3.5 By Vertical
             11.3.6 By Country
                        11.3.6.1 United Kingdom
                        11.3.6.2 Germany
                        11.3.6.3 Rest of Europe
     11.4 Asia Pacific
             11.4.1 By Component
             11.4.2 By Business Function
             11.4.3 By Deployment Model
             11.4.4 By Organization Size
             11.4.5 By Vertical
             11.4.6 By Country
                        11.4.6.1 India
                        11.4.6.2 China
                        11.4.6.3 Rest of Asia Pacific
     11.5 Middle East and Africa
             11.5.1 By Component
             11.5.2 By Business Function
             11.5.3 By Deployment Model
             11.5.4 By Organization Size
             11.5.5 By Vertical
             11.5.6 By Country
                        11.5.6.1 Kingdom of Saudi Arabia
                        11.5.6.2 South Africa
                        11.5.6.3 Rest of Middle East and Africa
     11.6 Latin America
             11.6.1 By Component
             11.6.2 By Business Function
             11.6.3 By Deployment Model
             11.6.4 By Organization Size
             11.6.5 By Vertical
             11.6.6 By Country
                        11.6.6.1 Brazil
                        11.6.6.2 Mexico
                        11.6.6.3 Rest of Latin America

12 Competitive Landscape (Page No. - 109)
     12.1 Overview
     12.2 Prominent Players Operating in the Database Security Market
     12.3 Competitive Scenario
             12.3.1 New Product Launches and Product Upgradations
             12.3.2 Partnerships, Agreements, and Collaborations
             12.3.3 Business Expansions
             12.3.4 Mergers and Acquisitions

13 Company Profiles (Page No. - 116)
(Business Overview, Services Offered, Recent Developments, MnM View, Key Strategies, SWOT Analysis)*
     13.1 Introduction
     13.2 Oracle
     13.3 IBM
     13.4 Trustwave
     13.5 Thales E-Security
     13.6 Mcafee
     13.7 Fortinet
     13.8 IRI
     13.9 Micro Focus
     13.10 Imperva
     13.11 Hexatier
     13.12 Gemalto
     13.13 Protegrity

*Details on Business Overview, Services Offered, Recent Developments, MnM View, Key Strategies, SWOT Analysis Might Not Be Captured in Case of Unlisted Companies.

14 Appendix (Page No. - 153)
     14.1 Key Insights of Industry Experts
     14.2 Discussion Guide
     14.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     14.4 Introducing RT: Real-Time Market Intelligence
     14.5 Available Customization
     14.6 Related Reports
     14.7 Author Details


List of Tables (85 Tables)

Table 1 United States Dollar Exchange Rate, 2014–2016
Table 2 Database Security Market Size, By Component, 2015–2022 (USD Million)
Table 3 Software: Market Size, By Region, 2015–2022 (USD Million)
Table 4 Software: Market Size, By Type, 2015–2022 (USD Million)
Table 5 Database Auditing and Reporting: Market Size, By Region, 2015–2022 (USD Million)
Table 6 Encryption and Tokenization: Market Size, By Region, 2015–2022 (USD Million)
Table 7 Data Masking and Redaction: Market Size, By Region, 2015–2022 (USD Million)
Table 8 Access Control Management: Market Size, By Region, 2015–2022 (USD Million)
Table 9 Others: Database Security Market Size, By Region, 2015–2022 (USD Million)
Table 10 Services: Market Size, By Region, 2015–2022 (USD Million)
Table 11 Services: Market Size, By Type, 2015–2022 (USD Million)
Table 12 Managed Services: Market Size, By Region, 2015–2022 (USD Million)
Table 13 Professional Services: Market Size, By Region, 2015–2022 (USD Million)
Table 14 Professional Services: Market Size, By Type, 2015–2022 (USD Million)
Table 15 Consulting Services: Market Size, By Region, 2015–2022 (USD Million)
Table 16 Support and Maintenance: Market Size, By Region, 2015–2022 (USD Million)
Table 17 Education and Training: Market Size, By Region, 2015–2022 (USD Million)
Table 18 Risk Assessment Services: Market Size, By Region, 2015–2022 (USD Million)
Table 19 Database Security Market Size, By Business Function, 2015–2022 (USD Million)
Table 20 Marketing: Market Size, By Region, 2015–2022 (USD Million)
Table 21 Sales: Market Size, By Region, 2015–2022 (USD Million)
Table 22 Finance: Market Size, By Region, 2015–2022 (USD Million)
Table 23 Operations: Market Size, By Region, 2015–2022 (USD Million)
Table 24 Others: Market Size, By Region, 2015–2022 (USD Million)
Table 25 Database Security Market Size, By Deployment Model, 2015–2022 (USD Million)
Table 26 On-Premises: Market Size, By Region, 2015–2022 (USD Million)
Table 27 Cloud: Market Size, By Region, 2015–2022 (USD Million)
Table 28 Database Security Market Size, By Organization Size, 2015–2022 (USD Million)
Table 29 Small and Medium-Sized Enterprises: Market Size, By Region, 2015–2022 (USD Million)
Table 30 Large Enterprises: Market Size, By Region, 2015–2022 (USD Million)
Table 31 Database Security Market Size, By Vertical, 2015–2022 (USD Million)
Table 32 Banking, Financial Services, and Insurance: Market Size, By Region, 2015–2022 (USD Million)
Table 33 Telecommunications and IT: Market Size, By Region, 2015–2022 (USD Million)
Table 34 Government and Defense: Market Size, By Region, 2015–2022 (USD Million)
Table 35 Manufacturing: Database Security Market Size, By Region, 2015–2022 (USD Million)
Table 36 Healthcare and Life Sciences: Market Size, By Region, 2015–2022 (USD Million)
Table 37 Retail and Ecommerce: Market Size, By Region, 2015–2022 (USD Million)
Table 38 Energy and Utilities: Market Size, By Region, 2015–2022 (USD Million)
Table 39 Media and Entertainment: Market Size, By Region, 2015–2022 (USD Million)
Table 40 Others: Market Size, By Region, 2015–2022 (USD Million)
Table 41 Database Security Market Size, By Region, 2015–2022 (USD Million)
Table 42 North America: Database Security Market Size, By Component, 2015–2022 (USD Million)
Table 43 North America: Market Size, By Software, 2015–2022 (USD Million)
Table 44 North America: Market Size, By Service, 2015–2022 (USD Million)
Table 45 North America: Market Size, By Professional Service, 2015–2022 (USD Million)
Table 46 North America: Market Size, By Business Function, 2015–2022 (USD Million)
Table 47 North America: Market Size, By Deployment Model, 2015–2022 (USD Million)
Table 48 North America: Market Size, By Organization Size, 2015–2022 (USD Million)
Table 49 North America: Market Size, By Vertical, 2015–2022 (USD Million)
Table 50 Europe: Database Security Market Size, By Component, 2015–2022 (USD Million)
Table 51 Europe: Market Size, By Software, 2015–2022 (USD Million)
Table 52 Europe: Market Size, By Service, 2015–2022 (USD Million)
Table 53 Europe: Market Size, By Professional Service, 2015–2022 (USD Million)
Table 54 Europe: Market Size, By Business Function, 2015–2022 (USD Million)
Table 55 Europe: Market Size, By Deployment Model, 2015–2022 (USD Million)
Table 56 Europe: Market Size, By Organization Size, 2015–2022 (USD Million)
Table 57 Europe: Market Size, By Vertical, 2015–2022 (USD Million)
Table 58 Asia Pacific: Database Security Market Size, By Component, 2015–2022 (USD Million)
Table 59 Asia Pacific: Market Size, By Software, 2015–2022 (USD Million)
Table 60 Asia Pacific: Market Size, By Service, 2015–2022 (USD Million)
Table 61 Asia Pacific: Market Size, By Professional Service, 2015–2022 (USD Million)
Table 62 Asia Pacific: Market Size, By Business Function, 2015–2022 (USD Million)
Table 63 Asia Pacific: Market Size, By Deployment Model, 2015–2022 (USD Million)
Table 64 Asia Pacific: Market Size, By Organization Size, 2015–2022 (USD Million)
Table 65 Asia Pacific: Market Size, By Vertical, 2015–2022 (USD Million)
Table 66 Middle East and Africa: Database Security Market Size, By Component, 2015–2022 (USD Million)
Table 67 Middle East and Africa: Market Size, By Software, 2015–2022 (USD Million)
Table 68 Middle East and Africa: Market Size, By Service, 2015–2022 (USD Million)
Table 69 Middle East and Africa: Market Size, By Professional Service, 2015–2022 (USD Million)
Table 70 Middle East and Africa: Market Size, By Business Function, 2015–2022 (USD Million)
Table 71 Middle East and Africa: Market Size, By Deployment Model, 2015–2022 (USD Million)
Table 72 Middle East and Africa: Market Size, By Organization Size, 2015–2022 (USD Million)
Table 73 Middle East and Africa: Market Size, By Vertical, 2015–2022 (USD Million)
Table 74 Latin America: Database Security Market Size, By Component, 2015–2022 (USD Million)
Table 75 Latin America: Market Size, By Software, 2015–2022 (USD Million)
Table 76 Latin America: Market Size, By Service, 2015–2022 (USD Million)
Table 77 Latin America: Market Size, By Professional Service, 2015–2022 (USD Million)
Table 78 Latin America: Market Size, By Business Function, 2015–2022 (USD Million)
Table 79 Latin America: Market Size, By Deployment Model, 2015–2022 (USD Million)
Table 80 Latin America: Market Size, By Organization Size, 2015–2022 (USD Million)
Table 81 Latin America: Database Security Market Size, By Vertical, 2015–2022 (USD Million)
Table 82 New Product Launches and Product Upgradations, 2016–2017
Table 83 Partnerships, Agreements, and Collaborations, 2016–2017
Table 84 Business Expansions, 2016–2017
Table 85 Mergers and Acquisitions, 2015–2017


List of Figures (46 Figures)

Figure 1 Database Security Market: Market Segmentation
Figure 2 Database Security Market: Research Design
Figure 3 Data Triangulation
Figure 4 Market Size Estimation Methodology: Bottom-Up Approach
Figure 5 Market Size Estimation Methodology: Top-Down Approach
Figure 6 Database Security Market: Assumptions
Figure 7 Market Size, 2015-2022
Figure 8 Market, By Component (2017–2022)
Figure 9 Market, By Software (2017–2022)
Figure 10 Market, By Service (2017–2022)
Figure 11 Market, By Business Function (2017–2022)
Figure 12 Market, By Deployment Model (2017–2022)
Figure 13 Database Security Market, By Organization Size (2017–2022)
Figure 14 Market, By Vertical (2017–2022)
Figure 15 Proliferation of Cloud-Based Applications and Services is Expected to Provide Growth Opportunities in the Database Security Market During the Forecast Period
Figure 16 North America is Estimated to Dominate the Global Database Security Market in 2017
Figure 17 Banking, Financial Services, and Insurance Vertical, and North America are Estimated to Have the Largest Market Shares in 2017
Figure 18 Asia Pacific is Expected to Enter the Exponential Growth Phase During the Forecast Period
Figure 19 Database Security Market: Drivers, Restraints, Opportunities, and Challenges
Figure 20 Growing Cyber-Attacks
Figure 21 Services Segment is Expected to Grow at A Higher CAGR During the Forecast Period
Figure 22 Access Control Management Software is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 23 Managed Services Segment is Expected to Grow at A Higher CAGR During the Forecast Period
Figure 24 Consulting Services Segment is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 25 Operations Business Function is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 26 Cloud Deployment Model is Expected to Grow at A Higher CAGR During the Forecast Period
Figure 27 Small and Medium-Sized Enterprises Segment is Expected to Grow at A Higher CAGR During the Forecast Period
Figure 28 Retail and Ecommerce Vertical is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 29 Asia Pacific is Expected to Have the Highest CAGR in the Database Security Market During the Forecast Period
Figure 30 North America: Market Snapshot
Figure 31 Asia Pacific: Market Snapshot
Figure 32 Key Developments By Leading Players in the Database Security Market, 2014–2017
Figure 33 Market Evaluation Framework
Figure 34 Geographic Revenue Mix of the Top 3 Market Players
Figure 35 Oracle: Company Snapshot
Figure 36 Oracle: SWOT Analysis
Figure 37 IBM: Company Snapshot
Figure 38 IBM: SWOT Analysis
Figure 39 Trustwave: SWOT Analysis
Figure 40 Thales E-Security: Company Snapshot
Figure 41 Thales E-Security: SWOT Analysis
Figure 42 Mcafee: SWOT Analysis
Figure 43 Fortinet: Company Snapshot
Figure 44 Micro Focus: Company Snapshot
Figure 45 Imperva: Company Snapshot
Figure 46 Gemalto: Company Snapshot

The database security market is expected to grow from USD 2.95 Billion in 2017 to USD 7.01 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 18.9% during the forecast period. The growing demand for sophisticated security solutions and evolving regulatory landscapes are the key drivers of this market.

The report provides detailed insights into the global database security market, which is segmented on the basis of components, business functions, deployment models, organization size, verticals, and regions. In the database security market, finance business function is estimated to hold the largest market share in 2017. The finance area of business carries most valuable and sensitive information of the organization that needs to be managed and secured with the highest priority. Most organizational tasks depend on the financial data profit/loss, balance sheets, and analysis of annual reports. Hence, this sensitive and critical data needs to be secured in the databases. Further, banking and financial service providers deal with numerous data sources ranging from supply side to sales transactions. By deploying database security solutions, banks and financial institutions can efficiently protect and secure their customer data.

The BFSI vertical is expected to hold the largest market size during the forecast period. BFSI organizations mainly provide financial products and services. These businesses generate large volumes of sensitive data including Personally Identifiable Information (PII), social security numbers, addresses, credit scores, Non-public Personal Information (NPI), collection history, and family member PII. Out of which, 90% of overall data resides in the databases. The data is vulnerable and exposed to cyber-attacks. Thus, database security is gaining high importance in BFSI industry. The adoption of various database security solutions is gaining traction in the BFSI vertical across the globe. Furthermore, the emerging trend of cloud banking also leads to the need to secure confidential business and financial databases. The security consultants analyze the IT ecosystems and business processes in the organization and suggest effective security policies to mitigate the potential database security breaches and maintain secure environment. In addition, regulatory requirements, such as Gramm-Leach-Bliley Act (GLBA) and PCI DSS, are also mandating companies to consider database security as a high priority.

Database Security Market

The report covers all the major aspects of the database security market and provides an in-depth analysis across North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. The market in North America is expected to hold the largest market share, whereas the APAC region is projected to provide significant growth opportunities and is expected to grow at the highest CAGR during the forecast period.

Limited security budgets and high installation cost of solutions are major restraining factors for the growth of market. Lack of awareness about multi-layered security and lack of skilled workforce are the challenges in database security market.

Most of the vendors have adopted acquisitions, agreements, collaborations and partnerships, new product launches, product upgradations, and expansions as their key strategies to expand their client base and enhance the customer experience. For instance, in September 2016, Oracle launched a Database-as-a-Service (DBaaS), namely, Oracle Database 12c Release 2. This new product allows organizations to provide more security and scalability, and reduces the compliance risks.  The strategy of new product launch has also been adopted by the top players to enhance their presence and dominance in database security market.

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