India Database Security Market, By Component (Software and Services), By Business Function (Marketing, Sales, Finance, Operations and Others), By Deployment Model (On-Premises and Cloud), By Vertical (Banking, Financial Services, & Insurance, Healthcare & Life Sciences, Telecommunications & IT, Government & Défense, Manufacturing and Others), By Company and By Geography, Forecast & Opportunities, 2018-2028

India database security market is expected to grow at a robust rate in the coming years. The market growth can be attributed to massive growth of data from all industries and growing need for database security solutions. Besides, evolving regulatory landscape for protecting customer information and growing demand for sophisticated security solutions are positively influencing India database security market. Increasing number of cyberattacks and growing volumes of business data across organizations are some of the other factors fuelling the market growth. Moreover, growing demand for sophisticated security solutions, securing the database and growing cyber-attacks in the country are expected to drive the database security market over the next five years. Moreover, small and medium enterprises are deploying SaaS-based security solutions to have a proper security system in place, which is expected to contribute to India database security market. Moreover, growing adoption of data security by ecommerce sector coupled with increasing penetration of connected devices are major factors supporting the growth of India database security market. Furthermore, government initiatives and regulations for implementing database security systems to ensure data protection and emergence of sophisticated advanced hacking solutions are anticipated to fuel India database security market. High investments in research & development and continuous technological innovation are also positively influencing the market growth.

India database security market is segmented on the basis of component, business function, deployment model, vertical, company, and region. Based on component, the market is further divided into software and services.  Based on business function, the market is further fragmented into marketing, sales, finance, operations, and others. Based on vertical, the market is sub-divided into banking, financial services, & insurance, healthcare & life sciences, telecommunications & it, government & défense, manufacturing and others. The BFSI segment is expected to register the highest growth in the global database security market owing to increased demand for sophisticated security solutions for protecting consumers’ valuable data.

Some of the leading players in the India Database Security market are Thales E-Security, Imperva, IRI, Mcafee, Micro Focus, Fortinet, Oracle, IBM, Trustwave, Hexatier etc.

Objective of the Study:

·         To analyse and forecast the market size of database security, in terms of value.

·         To classify and forecast India database security market based on component, business function, deployment mode, vertical and regional distribution.

·         To identify drivers and challenges for India database security market.

·         To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in India database security market.

·         To conduct the pricing analysis for India database security market.

·         To identify and analyse the profile of leading players involved in the manufacturing of India database security market.

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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of service providers across India. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the service providers which could not be identified due to the limitations of secondary research. TechSci Research analysed the service offerings, distribution channels and presence of all major collaboration service providers across India.

TechSci Research calculated the market size of India Database Security using a bottom-up approach, where data for various end user industries and its application across various product types were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.

Key Target Audience:

·         Service providers and distributors

·         Database security application builders

·         Database security solution vendors

·         Enterprises

·         Research organizations and consulting companies.

·         Research Institutes

·         Industry associations

·         Market research and consulting firm.

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration service providers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, India Database Security market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

• India Database Security Market, By Component:
• Software
• Encryption and Tokenization
• Database Auditing and Reporting
• Data Masking and Redaction
• Others
• Services
• Managed Services
• Professional Services
• Consulting Services
• Education and Training
• Support and Maintenance
• Risk Assessment Services
• India Database Security Market, By Business Function:
• Marketing
• Sales
• Finance
• Operations
• Others
• India Database Security Market, By Deployment Model:
• On-Premises
• Cloud
• India Database Security Market, By Vertical:
• Banking, Financial Services, & Insurance
• Healthcare & Life Sciences
• Telecommunications & IT
• Government & Défense
• Manufacturing
• Others
• India Database Security Market, by Geography:
• North
• South
• East
• West

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Database Security.

Available Customizations:

With the given market data, TechSci Research offers customizations according the company’s specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Profit Margin Analysis

• Profit margin analysis in case of direct and indirect sales channel.

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