AP NEWS
Press release content from Business Wire. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from Business Wire
Press release content from Business Wire. The AP news staff was not involved in its creation.

Database Encryption Markets 2019-2025: Global Analysis, Trends and Forecasts - ResearchAndMarkets.com

October 23, 2019 GMT

DUBLIN--(BUSINESS WIRE)--Oct 23, 2019--

The “Database Encryption - Market Analysis, Trends, and Forecasts” report has been added to ResearchAndMarkets.com’s offering.

The Database Encryption market worldwide is projected to grow by US$2.7 Billion, driven by a compounded growth of 28.8%.

BFSI, one of the segments analyzed and sized in this study, displays the potential to grow at over 28.8%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$902 Million by the year 2025, BFSI will bring in healthy gains adding significant momentum to global growth.

Representing the developed world, the United States will maintain a 32.1% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$85 Million to the region’s size and clout in the next 5 to 6 years. Over US$125.8 Million worth of projected demand in the region will come from the rest of the European markets.

In Japan, BFSI will reach a market size of US$78.9 Million by the close of the analysis period. As the world’s second largest economy and the new game changer in global markets, China exhibits the potential to grow at 27.6% over the next couple of years and add approximately US$453 Million in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.

Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific.

All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

Competitors identified in this market include:

For more information about this report visit https://www.researchandmarkets.com/r/8ujrc8

View source version on businesswire.com:https://www.businesswire.com/news/home/20191023005317/en/

CONTACT: ResearchAndMarkets.com

Laura Wood, Senior Press Manager

press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

KEYWORD:

INDUSTRY KEYWORD: TECHNOLOGY SECURITY

SOURCE: Research and Markets

Copyright Business Wire 2019.

PUB: 10/23/2019 04:50 AM/DISC: 10/23/2019 04:50 AM

http://www.businesswire.com/news/home/20191023005317/en