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Global Encryption Software market is projected to grow at a CAGR of 17.93% during the forecast period to grow to US$6.782 billion by 2022, increasing from US$2.974 billion in 2017.
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Encryption Software Market Forecast From 2019 to 2024
DESCRIPTION Global Encryption Software market is projected to grow at a CAGR of 17.93% during the forecast period to grow to US$6.782 billion by 2022, increasing from US$2.974 billion in 2017. Encryption is an effective security mechanism that provides the data security. The major factor driving the global encryption software market is the growing need to safeguard the critical data from the unauthorized access. Rising cases of cyber-attacks to steal the important organizational data is augmenting the demand for encryption software across enterprises. Owing to increasing adoption of BYOD policy by various enterprises coupled with stringent cyber security regulations and guidelines is further boosting the growth of this market for secure data transmission. Emerging trend of cloud computing will further bolster the growth of cloud-based encryption software and solutions across SMEs and large enterprises over the next five years.
Key Questions Answered By The Report • What will be the Global Encryption Software Market from 2019 to 2024? • How are the major drivers and restraints affecting the Global Encryption Software Market . • growth and the opportunities which exist for key vendors? • Which segment and region will drive or lead the market growth and why? • A comprehensive analysis of competitive landscape and key market participant’s behavior • Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth
Segments Covered Under Encryption Software Marketare : • By Application • Cloud Encryption • Database Encryption • Disk Encryption • Communication Encryption • File/Folder Encryption • By Deployment Model • On-premise • Cloud • By Enterprise Size • Small • Medium • Large • By End-User • BFSI • Government • Manufacturing • Communication and Technology • Retail • Healthcare • Others
Geography • North America • United States • Canada • Mexico • Others • South America • Brazil • Argentina • Others
Geography Europe • Germany • France • Italy • United Kingdom • Others Middle East and Africa • Israel • Saudi Arabia • UAE • Others Asia Pacific • Japan • China • India • Others
COMPANY PROFILES • Intel • SAS Institute Inc. • Cisco Systems • HP • Infineon Technologies • SonicWALL • IBM • Symantec • AT&T • Microsoft
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