DUBLIN--(BUSINESS WIRE)--Jul 30, 2018--The "Global Cloud Database Security Market - Segmented By Solution (IAM, Cloud Data and CDN), By End-User Vertical (BFSI, Retail, Government), and Region - Growth, Trends and Forecasts (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.

According to the Asia-Pacific Economic Cooperation, small and medium enterprises (SMEs) are the engines of growth and innovation in region, and account for over 97% of all enterprises and employ over half of the workforce across Asia-Pacific economies. The growing penetration of the internet and shift toward digitization of the internal processes have been instrumental in driving the adoption of cloud-based services. Alongside the digital transformation in the region, owing to ineffective cyber laws and lack of cyber security awareness, companies in Asia-Pacific have been found to be 80% more likely to be targeted by hackers as compared to other regions.

With growing technological penetration, digital channels are becoming the preferred choice of customers for banking services. Consequentially, the amount data volumes has witnessed a robust increase. To utilize this data to gather customer insights, banks and financial organizations are increasingly employing services. BFSI institutes have therefore opted for cloud solutions, to increase the ease in storage and analysis of complex data.

While enterprises have pushed consistently to meet the challenge of anticipating future demands by adopting cloud-based services, the number of attacks on cloud environments has also increased, which has threated and challenged the traditional IT infrastructure. The increase in the number of attacks can also be attributed to the fact that more valuable data is shifting to the cloud, and hackers find it lucrative to steal valuable data.

Companies Mentioned

IBM Inc. Fortinet Technologies Inc. Porticor Ltd. Intel Security Group McAfee Inc. Oracle Pvt. Ltd. Imperva Inc. Gemalto HexaTier Ltd. The Hewlett-Packard Company Trustwave Holdings Informatica Corporation Voltage Security Inc. Axis Technology LLC Amazon Web Service.

Key Topics Covered:

1. Introduction

2. Research Methodology

3. Executive Summary

4. Market Dynamics

5. Global Cloud-based Database Security Market - Segmentation

6. Competitive Intelligence

7. Investment Analysis

8. Future of the Cloud-based Database Security Market

For more information about this report visit https://www.researchandmarkets.com/research/h49dw4/global_cloud?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180730005239/en/

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Related Topics:IT Security,Cloud Computing and Storage

KEYWORD:

INDUSTRY KEYWORD: TECHNOLOGY SECURITY

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 07/30/2018 04:37 AM/DISC: 07/30/2018 04:37 AM

http://www.businesswire.com/news/home/20180730005239/en