North America Database Security Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Component (Solution and Service), Organization Size (SMEs and Large Enterprise), and Industry (BFSI, IT and Telecom, Manufacturing, Healthcare, Government, Retail, and Others)

TIPRE00026619 | Pages: 125 | Technology, Media and Telecommunications | Jan 2022 | Type: Regional | Status: Published

Market Introduction

The US, Canada, and Mexico are the leading contributors of the database security market in North America. The US and Canada are among the frontrunners in terms of domestic database security in this region. The region is characterized by the presence of major key players presence—such as IBM, Oracle, McAfee, and Trustwave—which collectively hold a majority of the market in this region. Further, technological advancements and stable economic conditions are among key factors contributing to the database security market growth in these regions. Increasing volumes of business data is the major factor driving the growth of the North America database security market.

North America is one of the most important regions for the adoption and growth of new technologies owing to favorable government policies to boost innovation, the presence of a huge industrial base, and high purchasing power, especially in developed countries such as the US and Canada. Hence, any impact on the growth of industries is expected to affect the economic growth of the region in a negative manner. Presently, the US is the world’s worst-affected country due to the COVID-19 outbreak.  The US is a prominent market for database security in companies. The huge increase in the number of confirmed cases and rising reported deaths in the country has positively affected software providers to some extent due to the increase in demand for their database security software and services. The business shutdowns, as well as high health treatment costs across the US and Canada, are positively impacted the adoption of the database security market. North America region is home to many technology companies, and the impact of coronavirus outbreak is anticipated to be high in the year 2020 and likely in the first quarter of 2021. The impact of COVID-19 is short-term; it is likely to increase in the coming years.


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Market Overview and Dynamics

The database security market in North America is expected to grow from US$ 2432.57 million in 2021 to US$ 5394.77 million by 2028; it is estimated to grow at a CAGR of 12.1% from 2021 to 2028. The adoption of cloud technology, including hybrid and multi-cloud deployments, are gaining popularity among enterprises. The flexibility of hybrid cloud enables organizations to find the right mix of deployment models to meet their security requirements, specific workloads, and skills. Hosted private cloud is the most popular deployment model among companies. More than two-thirds of businesses have already embraced hosted private cloud computing. The Hybrid cloud allow additional option for data deployment, and higher level of flexibility thus, many key players are more on development of the hybrid cloud which allow them to have compitative advantages over other compitators. Accenture, Oracle, Trustwave, IBM, Google, and Amazon, among others, are bringing public cloud innovation and industrialization to private clouds, data centers, and other infrastructure to create hybrid solutions that boost agility and streamline operations.

Key Market Segments

The North America database security market is segmented into component, organization size, industry, and country. Based on component, North America market is divided into software and services. The solution segment dominated the market in 2020 and services segment is expected to be the fastest growing during the forecast period. By organization size, the North America market is broadly classified into SMEs and large enterprise. The large enterprises segment dominated the market in 2020 and SMEs segment is expected to be the fastest growing during the forecast period. On the basis of industry, the market is segmented into BFSI, and IT and telecom, manufacturing, healthcare, government, retail, and others. The BFSI segment dominated the market in 2020 and others segment is expected to be the fastest growing during the forecast period.

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on database security market in North America are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Datasparc Inc.; Fortinet,Inc.; IBM Corporation; McAfee, LLC; Micro Focus; Oracle Corporation; SAP SE; ScaleGrid; Thales Group; and Trustwave Holdings, Inc. are among others.

Reasons to buy report

  • To understand the North America database security market landscape and identify market segments that are most likely to guarantee a strong return
  • Stay ahead of the race by comprehending the ever-changing competitive landscape for North America database security market
  • Efficiently plan M&A and partnership deals in North America database security market by identifying market segments with the most promising probable sales
  • Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form North America database security market
  • Obtain market revenue forecast for market by various segments from 2021-2028 in North America region.

North America Database Security Market Segmentation

North America Database Security Market –By Component

  • Solution
  • Services  

North America Database Security Market –By Organization

  • SMEs
  • Large Enterprises

North America Database Security Market –By Industry

  • BFSI
  • IT and Telecom
  • Manufacturing
  • Healthcare
  • Government
  • Retail
  • Others

North America Database Security Market -By Country

  • US
  • Canada
  • Mexico

North America Database Security Market -Company Profiles

  • Datasparc Inc.
  • Fortinet,Inc.
  • IBM Corporation
  • McAfee, LLC
  • Micro Focus
  • Oracle Corporation
  • SAP SE
  • ScaleGrid
  • Thales Group
  • Trustwave Holdings, Inc.

Introduction

1.1         Study Scope

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

2.           Key Takeaways

3.        Research Methodology

3.1         Coverage

3.2         Secondary Research

3.3         Primary Research

4.           North America Database Security Market Landscape

4.1         Market Overview

4.2         North America PEST Analysis

4.3         Ecosystem Analysis

4.4         Expert Opinion

5.           North America Database Security Market – Key Market Dynamics

5.1         Key Market Drivers

5.1.1        Increasing Volumes of Business Data

5.1.2        Exponential Growth in Potential for Cyberattacks with Popularity of Internet of Things and Bring-Your-Own-Device Concepts

5.2         Key Market Restraints

5.2.1        Lack of Awareness About Multilayered Security

5.3         Key Market Opportunities

5.3.1        Proliferation of Cloud-Based Applications and Services

5.4         Future Trends

5.4.1        Preference for Hybrid Cloud for Faster Innovation

5.5         Impact Analysis of Drivers and Restraints

6.           Database Security Market – North America Analysis

6.1         Database Security Market Overview

6.2         Database Security Market –Revenue and Forecast to 2028 (US$ Million)

7.           North America Database Security Market Analysis – By Component

7.1         Overview

7.2         Database Security Market, By Component (2020 and 2028)

7.3         Solutions

7.3.1        Overview

7.3.2        Solution: Database Security Market – Revenue and Forecast to 2028 (US$ Million)

7.4         Service

7.4.1        Overview

7.4.2        Service: Database Security Market – Revenue and Forecast to 2028 (US$ Million)

8.           North America Database Security Market – By Organization Size

8.1         Overview

8.2         Database Security Market, by Organization Size (2020 and 2028)

8.3         SMEs

8.3.1        Overview

8.3.2        SMEs: Database Security Market – Revenue and Forecast to 2028 (US$ Million)

8.4         Large Enterprises

8.4.1        Overview

8.4.2        Large Enterprise: Database Security Market – Revenue and Forecast to 2028 (US$ Million)

9.           North America Database Security Market – By Industry

9.1         Overview

9.2         Database Security Market, by Industry (2020 and 2028)

9.3         BFSI

9.3.1        Overview

9.3.2        BFSI: Database Security Market – Revenue and Forecast to 2028 (US$ Million)

9.4         IT and Telecom

9.4.1        Overview

9.4.2        IT and Telecom: Database Security Market – Revenue and Forecast to 2028 (US$ Million)

9.5         Manufacturing

9.5.1        Overview

9.5.2        Manufacturing: Database Security Market – Revenue and Forecast to 2028 (US$ Million)

9.6         Healthcare

9.6.1        Overview

9.6.2        Healthcare: Database Security Market – Revenue and Forecast to 2028 (US$ Million)

9.7         Government

9.7.1        Overview

9.7.2        Government: Database Security Market – Revenue and Forecast to 2028 (US$ Million)

9.8         Retail

9.8.1        Overview

9.8.2        Retail: Database Security Market – Revenue and Forecast to 2028 (US$ Million)

9.9         Others

9.9.1        Overview

9.9.2        Others: Database Security Market – Revenue and Forecast to 2028 (US$ Million)

10.        North America Database Security Market – Country Analysis

10.1      Overview

10.1.1     North America: Database Security Market- by Key Country

10.1.1.1       US: Database Security Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.1.1       US: Database Security Market- By Component

10.1.1.1.2       US: Database Security Market- By Organization Size

10.1.1.1.3       US: Database Security Market- By Industry

10.1.1.2       Canada: Database Security Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.2.1       Canada: Database Security Market- By Component

10.1.1.2.2       Canada: Database Security Market- By Organization Size

10.1.1.2.3       Canada: Database Security Market- By Industry

10.1.1.3       Mexico: Database Security Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.3.1       Mexico: Database Security Market- By Component

10.1.1.3.2       Mexico: Database Security Market- By Organization Size

10.1.1.3.3       Mexico: Database Security Market- By Industry

11.        North America Database Security Market- COVID-19 Impact Analysis

11.1      Overview

12.        North America Database Security Market-Industry Landscape

12.1      Overview

12.2      Market Initiative

12.3      New Development

13.        Company Profiles

13.1      Datasparc Inc.

13.1.1     Key Facts

13.1.2     Business Description

13.1.3     Products and Services

13.1.4     Financial Overview

13.1.5     SWOT Analysis

13.1.6     Key Developments

13.2      Fortinet, Inc.

13.2.1     Key Facts

13.2.2     Business Description

13.2.3     Products and Services

13.2.4     Financial Overview

13.2.5     SWOT Analysis

13.2.6     Key Developments

13.3      IBM Corporation

13.3.1     Key Facts

13.3.2     Business Description

13.3.3     Products and Services

13.3.4     Financial Overview

13.3.5     SWOT Analysis

13.3.6     Key Developments

13.4      McAfee, LLC

13.4.1     Key Facts

13.4.2     Business Description

13.4.3     Products and Services

13.4.4     Financial Overview

13.4.5     SWOT Analysis

13.4.6     Key Developments

13.5      Micro Focus

13.5.1     Key Facts

13.5.2     Business Description

13.5.3     Products and Services

13.5.4     Financial Overview

13.5.5     SWOT Analysis

13.5.6     Key Developments

13.6      Oracle Corporation

13.6.1     Key Facts

13.6.2     Business Description

13.6.3     Products and Services

13.6.4     Financial Overview

13.6.5     SWOT Analysis

13.6.6     Key Developments

13.7      SAP SE

13.7.1     Key Facts

13.7.2     Business Description

13.7.3     Products and Services

13.7.4     Financial Overview

13.7.5     SWOT Analysis

13.7.6     Key Developments

13.8      ScaleGrid

13.8.1     Key Facts

13.8.2     Business Description

13.8.3     Products and Services

13.8.4     Financial Overview

13.8.5     SWOT Analysis

13.8.6     Key Developments

13.9      Thales Group

13.9.1     Key Facts

13.9.2     Business Description

13.9.3     Products and Services

13.9.4     Financial Overview

13.9.5     SWOT Analysis

13.9.6     Key Developments

13.10   Trustwave Holdings, Inc.

13.10.1  Key Facts

13.10.2  Business Description

13.10.3  Products and Services

13.10.4  Financial Overview

13.10.5  SWOT Analysis

13.10.6  Key Developments

14.        Appendix

14.1      About The Insight Partners

14.2      Word Index

 


LIST OF TABLES

Table 1.             North America Database Security Market – Revenue, and Forecast to 2028 (US$ Million)

Table 2.             US: Database Security Market- By Component –Revenue and Forecast to 2028 (US$ Million)

Table 3.             US: Database Security Market- By Organization Size –Revenue and Forecast to 2028 (US$ Million)

Table 4.             US: Database Security Market- By Industry –Revenue and Forecast to 2028 (US$ Million)

Table 5.             Canada: Database Security Market- By Component –Revenue and Forecast to 2028 (US$ Million)

Table 6.             Canada: Database Security Market- By Organization Size –Revenue and Forecast to 2028 (US$ Million)

Table 7.             Canada: Database Security Market- By Industry –Revenue and Forecast to 2028 (US$ Million)

Table 8.             Mexico: Database Security Market- By Component –Revenue and Forecast to 2028 (US$ Million)

Table 9.             Mexico: Database Security Market- By Organization Size –Revenue and Forecast to 2028 (US$ Million)

Table 10.          Mexico: Database Security Market- By Industry –Revenue and Forecast to 2028 (US$ Million)

Table 11.          List of Abbreviation

 


LIST OF FIGURES

Figure 1.           North America Database Security Market Segmentation

Figure 2.           North America Database Security Market Segmentation – By Country

Figure 3.           North America Database Security Market Overview

Figure 4.           Solution Segment Held the Largest Market Share in 2020

Figure 5.           Large Enterprise Segment Held the Largest Market Share in 2020

Figure 6.           US was the Largest Revenue Contributor in 2020

Figure 7.           North America PEST Analysis

Figure 8.           Database Security Market– Ecosystem Analysis

Figure 9.           Expert Opinion

Figure 10.        North America Database Security Market: Impact Analysis of Drivers and Restraints

Figure 11.        North America Database Security Market – Revenue and Forecast to 2028 (US$ Million)

Figure 12.        North America Database Security Market Revenue Share, By Component (2020 and 2028)

Figure 13.        North America Solution: Database Security Market – Revenue and Forecast to 2028 (US$ Million)

Figure 14.        North America Service: Database Security Market – Revenue and Forecast to 2028 (US$ Million)

Figure 15.        North America Database Security Market Revenue Share, By Organization Size (2020 and 2028)

Figure 16.        North America SMEs: Database Security Market – Revenue and Forecast to 2028 (US$ Million)

Figure 17.        North America Large Enterprise: Database Security Market – Revenue and Forecast to 2028 (US$ Million)

Figure 18.        North America Database Security Market Revenue Share, by Industry (2020 and 2028)

Figure 19.        North America BFSI: Database Security Market – Revenue and Forecast to 2028 (US$ Million)

Figure 20.        North America IT and Telecom: Database Security Market – Revenue and Forecast to 2028 (US$ Million)

Figure 21.        North America Manufacturing: Database Security Market – Revenue and Forecast to 2028 (US$ Million)

Figure 22.        North America Healthcare: Database Security Market – Revenue and Forecast to 2028 (US$ Million)

Figure 23.        North America Government: Database Security Market – Revenue and Forecast to 2028 (US$ Million)

Figure 24.        North America Retail: Database Security Market – Revenue and Forecast to 2028 (US$ Million)

Figure 25.        North America Others: Database Security Market – Revenue and Forecast to 2028 (US$ Million)

Figure 26.        North America: Database Security Market, by Key Country-Revenue 2020 (US$ Million)

Figure 27.        North America: Database Security Market Revenue Share, by Key Country (2020 and 2028)

Figure 28.        US: Database Security Market – Revenue and Forecast to 2028 (US$ Million)

Figure 29.        Canada: Database Security Market – Revenue and Forecast to 2028 (US$ Million)

Figure 30.        Mexico: Database Security Market – Revenue and Forecast to 2028 (US$ Million)

Figure 31.        Impact of COVID-19 Pandemic in North American Country Markets

  1. Datasparc Inc.
  2. Fortinet,Inc.
  3. IBM Corporation
  4. McAfee, LLC
  5. Micro Focus
  6. Oracle Corporation
  7. SAP SE
  8. ScaleGrid
  9. Thales Group
  10. Trustwave Holdings, Inc.
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America Database Security market.
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the North America Database Security market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth North America market trends and outlook coupled with the factors driving the Database Security market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
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