Asia Pacific 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)
Market Introduction
India, China, Japan, Australia, and South Korea are among the major contributors to the APAC database security market. China, India, and Indonesia are the region's top performers in terms of domestic database security. Furthermore, China, India, Indonesia, Vietnam, and Thailand are among the top countries in terms of international database security. Asia Pacific is a developing region because of developing economies such as China, India, South Korea, Malaysia, the Philippines, and Taiwan. Stable economies and technological advancements support the growth of various markets in the region. The growth of information technologies and large capital expenditures by market players contribute to the database security market in Asia Pacific. Globalization, growing skilled labor force, and increasing young consumers’ count are among other driving forces in the region. Proliferation of cloud-based applications and services is the major factor driving the growth of the APAC database security market.
The APAC is characterized by the presence of a large number of developing countries, a positive economic outlook, a high industrial presence, and a huge population. The high growth rate of urbanization and industrialization in developing countries of the region is anticipated to offer ample growth opportunities to the market players operating in the database security market, as the investments in advanced technologies development are quite high in the region. According to the Organization for Economic Co-operation and Development (OECD), the other major economies outside of China have also been impacted by the pandemic, such as India, South Korea, Australia, and Japan, and are experiencing downward growth. China and India are among the worst-affected COVID-19 countries in the region, as well as in the world. The governments are taking drastic measures to reduce the effects of coronavirus outbreaks by announcing lockdowns, travel, and trade bans. The large enterprises are substantially seeking for funding to run their operations owing to shut down and limited capital to manage, therefore these end-users showcase less potential in adopting any new technologies by investing a certain amount in the present scenario. However, the governments of several countries in the region have taken significant initiatives to implement digitalization; thus, end users in the region are anticipated to emphasize on adopting paperless technologies, which would boost the demand for database security in the near future.
Market Overview and Dynamics
The database security market in APAC is expected to grow from US$ 1588.24 million in 2021 to US$ 4649.43 million by 2028; it is estimated to grow at a CAGR of 16.6% from 2021 to 2028. Automation is critical for the success of a cloud strategy, many technological leaders prioritize automation which in turn has made a positive impact on the database security market. During the purchase of a product, online sellers collect customer information such as postal address, email address, credit card details, and contact number. Therefore, IT infrastructure and database security is a critical aspect for enterprises for protecting such sensitive data. Technological advancements and digital transformation continue drive the Big Data investment. Thus, the spending on Big Data analytics solutions is expected to exceed US$ 274.3 billion by 2022. Cyber security threats has a hugh impact on the Big Data technologies companies, many companies losses millions of their operating revenue due to poor data quality. To maintain an edge in a highly competitive marketplace, including a rising number of startup companies, businesses need to constantly innovate their offerings. The Big Data analytics provides relevant information/insights to database security industry experts to enable them to make informed decisions and assist them in the development of strategic goals. This is likely to help such big brands and business leaders in outperforming their competitors in the long-term. Data analytics tools and solutions are now being adopted in the majority of elite sports. Cameras installed around stadiums in premier football leagues use pattern recognition software to track the movement of every player. The government authorities are working on building cloud-based infrastructure for collaborative networks that can be used by AI entrepreneurs and startups to create innovative solutions. Thus, with the surge in data generation in various industries, the adoption of database security solutions is also on rise across the region.
Key Market Segments
The APAC database security market is segmented into component, organization size, industry, and country. Based on component, APAC 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 APAC 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 APAC are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are 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 APAC 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 APAC database security market
- Efficiently plan M&A and partnership deals in APAC 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 APAC database security market
- Obtain market revenue forecast for market by various segments from 2021-2028 in APAC region.
APAC Database Security Market Segmentation
APAC Database Security Market –By Component
- Solution
- Services
APAC Database Security Market –By Organization
- SMEs
- Large Enterprises
APAC Database Security Market –By Industry
- BFSI
- IT and Telecom
- Manufacturing
- Healthcare
- Government
- Retail
- Others
APAC Database Security Market -By Country
- China
- Japan
- South Korea
- India
- Australia
- Rest of APAC
APAC Database Security Market -Company Profiles
- Fortinet,Inc.
- IBM Corporation
- McAfee, LLC
- Micro Focus
- Oracle Corporation
- SAP SE
- ScaleGrid
- Thales Group
- Trustwave Holdings, Inc.
1. 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. APAC Database Security Market Landscape
4.1 Market Overview
4.2 APAC PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. APAC Database Security Market – Key Market Dynamics
5.1 Key Market Drivers
5.1.1 Growing Volumes of Business Data
5.1.2 Exponential Rise 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 – APAC Analysis
6.1 Database Security Market Overview
6.2 Database Security Market –Revenue and Forecast to 2028 (US$ Million)
7. APAC 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. APAC 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. APAC 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. APAC Database Security Market – Country Analysis
10.1 Overview
10.1.1 APAC: Database Security Market- by Key Country
10.1.1.1 Australia: Database Security Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 Australia: Database Security Market- By Component
10.1.1.1.2 Australia: Database Security Market- By Organization Size
10.1.1.1.3 Australia: Database Security Market- By Industry
10.1.1.2 China: Database Security Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 China: Database Security Market- By Component
10.1.1.2.2 China: Database Security Market- By Organization Size
10.1.1.2.3 China: Database Security Market- By Industry
10.1.1.3 India: Database Security Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 India: Database Security Market- By Component
10.1.1.3.2 India: Database Security Market- By Organization Size
10.1.1.3.3 India: Database Security Market- By Industry
10.1.1.4 Japan: Database Security Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.4.1 Japan: Database Security Market- By Component
10.1.1.4.2 Japan: Database Security Market- By Organization Size
10.1.1.4.3 Japan: Database Security Market- By Industry
10.1.1.5 South Korea: Database Security Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.5.1 South Korea: Database Security Market- By Component
10.1.1.5.2 South Korea: Database Security Market- By Organization Size
10.1.1.5.3 South Korea: Database Security Market- By Industry
10.1.1.6 Rest of APAC: Database Security Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.6.1 Rest of APAC: Database Security Market- By Component
10.1.1.6.2 Rest of APAC: Database Security Market- By Organization Size
10.1.1.6.3 Rest of APAC: Database Security Market- By Industry
11. APAC Database Security Market- COVID-19 Impact Analysis
11.1 Overview
12. APAC Database Security Market-Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 New Development
13. Company Profiles
13.1 Fortinet, 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 IBM Corporation
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 McAfee, LLC
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 Micro Focus
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 Oracle Corporation
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 SAP SE
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 ScaleGrid
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 Thales Group
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 Trustwave Holdings, Inc.
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
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
LIST OF TABLES
Table 1. APAC Database Security Market – Revenue, and Forecast to 2028 (US$ Million)
Table 2. Australia: Database Security Market- By Component –Revenue and Forecast to 2028 (US$ Million)
Table 3. Australia: Database Security Market- By Organization Size –Revenue and Forecast to 2028 (US$ Million)
Table 4. Australia: Database Security Market- By Industry –Revenue and Forecast to 2028 (US$ Million)
Table 5. China: Database Security Market- By Component –Revenue and Forecast to 2028 (US$ Million)
Table 6. China: Database Security Market- By Organization Size –Revenue and Forecast to 2028 (US$ Million)
Table 7. China: Database Security Market- By Industry –Revenue and Forecast to 2028 (US$ Million)
Table 8. India: Database Security Market- By Component –Revenue and Forecast to 2028 (US$ Million)
Table 9. India: Database Security Market- By Organization Size –Revenue and Forecast to 2028 (US$ Million)
Table 10. India: Database Security Market- By Industry –Revenue and Forecast to 2028 (US$ Million)
Table 11. Japan: Database Security Market- By Component –Revenue and Forecast to 2028 (US$ Million)
Table 12. Japan: Database Security Market- By Organization Size –Revenue and Forecast to 2028 (US$ Million)
Table 13. Japan: Database Security Market- By Industry –Revenue and Forecast to 2028 (US$ Million)
Table 14. South Korea: Database Security Market- By Component –Revenue and Forecast to 2028 (US$ Million)
Table 15. South Korea: Database Security Market- By Organization Size –Revenue and Forecast to 2028 (US$ Million)
Table 16. South Korea: Database Security Market- By Industry –Revenue and Forecast to 2028 (US$ Million)
Table 17. Rest of APAC: Database Security Market- By Component –Revenue and Forecast to 2028 (US$ Million)
Table 18. Rest of APAC: Database Security Market- By Organization Size –Revenue and Forecast to 2028 (US$ Million)
Table 19. Rest of APAC: Database Security Market- By Industry –Revenue and Forecast to 2028 (US$ Million)
Table 20. List of Abbreviation
LIST OF FIGURES
Figure 1. APAC Database Security Market Segmentation
Figure 2. APAC Database Security Market Segmentation – By Country
Figure 3. APAC 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. China was the Largest Revenue Contributor in 2020
Figure 7. APAC PEST Analysis
Figure 8. Database Security Market– Ecosystem Analysis
Figure 9. Expert Opinion
Figure 10. APAC Database Security Market: Impact Analysis of Drivers and Restraints
Figure 11. APAC Database Security Market – Revenue and Forecast to 2028 (US$ Million)
Figure 12. APAC Database Security Market Revenue Share, By Component (2020 and 2028)
Figure 13. APAC Solution: Database Security Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14. APAC Service: Database Security Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15. APAC Database Security Market Revenue Share, By Organization Size (2020 and 2028)
Figure 16. APAC SMEs: Database Security Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. APAC Large Enterprise: Database Security Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. APAC Database Security Market Revenue Share, by Industry (2020 and 2028)
Figure 19. APAC BFSI: Database Security Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. APAC IT and Telecom: Database Security Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. APAC Manufacturing: Database Security Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. APAC Healthcare: Database Security Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. APAC Government: Database Security Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. APAC Retail: Database Security Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. APAC Others: Database Security Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. APAC: Database Security Market, By Key Country-Revenue 2020 (US$ Million)
Figure 27. APAC: Database Security Market Revenue Share, By Key Country (2020 and 2028)
Figure 28. Australia: Database Security Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29. China: Database Security Market – Revenue and Forecast to 2028 (US$ Million)
Figure 30. India: Database Security Market – Revenue and Forecast to 2028 (US$ Million)
Figure 31. Japan: Database Security Market – Revenue and Forecast to 2028 (US$ Million)
Figure 32. South Korea: Database Security Market – Revenue and Forecast to 2028 (US$ Million)
Figure 33. Rest of APAC: Database Security Market – Revenue and Forecast to 2028 (US$ Million)
Figure 34. Impact of COVID-19 Pandemic in APAC Country Markets
- Fortinet,Inc.
- IBM Corporation
- McAfee, LLC
- Micro Focus
- Oracle Corporation
- SAP SE
- ScaleGrid
- Thales Group
- Trustwave Holdings, Inc.
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the APAC 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 APAC 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 APAC 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