HOME Research Insight IBM Corporation (US) and Trustwave Holdings, Inc. (US) are the Leading players in the Database Security Market

IBM Corporation (US) and Trustwave Holdings, Inc. (US) are the Leading players in the Database Security Market

Database security refers to the broad range of security software deployed by enterprises to protect and secure databases from potential risks from internal and external sources. Database security has become an important aspect for an organization to protect sensitive information, such as customer data, financial data, supplier data, or employee data. The database security market is growing at a significant rate, due to increasing cyber-attacks, evolving regulatory landscapes, and rising volume of business data across industries. The global database security market size is estimated at USD 2.95 Billion in 2017 and is projected to reach USD 7.01 Billion by 2022, growing at a Compound Annual Growth Rate (CAGR) of 18.9% during the forecast period

The database security ecosystem comprises vendors including 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 players in the database security market have adopted various strategies to expand their global presence and enhance their market shares. Players in this market have embraced different strategies to expand their global presence and market share. Partnerships and collaborations, and new product launches were the key strategies adopted by industry players to accomplish development in the market. Apart from these, agreements, mergers and acquisitions, and business expansions are other significant strategies adopted by the major players in the database security market.

IBM is one of the leading players in the global database security market. The company has a significant presence in more than 175 countries and serves its customers globally. IBM has undertaken new product launches and product upgradations as its major development strategies to sustain its competitive edge. As a part of its organic growth strategy, in August 2017, IBM upgraded its IBM Security Guardium product with the launch of Guardium v10.0 GPU p230. This upgraded version includes Database Activity Monitoring (DAM), vulnerability assessment, and file activity monitoring solutions. In February 2017, IBM acquired Agile 3 Solutions to strengthen its data security product portfolio. This would help IBM customers to get real-time view of business data and visibility of risks to data and processes.

Trustwave is another such prominent player in the market. It has adopted a mix of organic and inorganic strategies to sustain its leading position in the market. The company has expanded geographically, formed partnerships, and has been involved in acquisitions in the recent past to serve its customers. In May 2017, Trustwave partnered with the technology distributor, e92plus, to strengthen its presence in the UK and Ireland. This would help Trustwave in expanding its channel community and managed security services in these regions. Moreover, in November 2016, Trustwave opened an Advanced Security Operations Centre (ASOC) in Sydney, Australia. This center would help Optus Business deliver managed security services to counter cyber-attacks. These services are powered by Trustwave.

Related 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

Mr. Rohan
MarketsandMarkets™ INC. 
630 Dundee Road 
Suite 430 
Northbrook, IL 60062 
USA : 1-888-600-6441 

Connect Us

Follow us on LinkedIn  Follow us on Facebook   Follow us on Twitter 
Live Chat Support

US : 1-888-600-6441

Search reports