Press release
Global encryption software market is expected to reach $2.16 billion by 2020
Global Encryption Software Market 2020
With data protection and compliance becoming a high priority, organizations have started to view encryption as an enabler to achieve compliance, data security and flexibility. In addition to the complex regulations, increasing adoption of new technologies such as mobility, cloud and virtualization have also fuelled the need for encryption more than ever before.
The main purpose of an encryption software is to protect the confidentiality of the data stored in files/folders and disks or data-at-rest; and the data travelling over wireless network or data-in-transit, depending upon the security and compliance requirements of an organization. This is achieved by converting a message or plain text into coded message called the Cipher text so that only the authorized parties can read it. Software-based encryption uses software to encrypt and decrypt data at-rest as well as data-in-transit.
Thus, by rendering the data unreadable by unauthorized persons, encryption software ensures the safety and security of the confidential data. Additionally, a number of data privacy legislations mandate the use of encryption or cite encryption as one most appropriate measures of data protection. Thus, the adoption of encryption would continue to grow in response to data protection compliance regulations and the on-going cyber-attacks.
Check Complete Report @ http://www.marketintelreports.com/report/allied0147/global-encryption-software-market-usage-vertical-and-geography--size-share-global-trends-company-profiles-demand-insights-analysis-research-report-opportunities-segmentation-and-forecast-2013--2020
The global encryption software market is expected to reach $2.16 billion by 2020, growing at a CAGR (compounded annual growth rate) of CAGR of 14.27% from 2014 to 2020. The global encryption software market has been segmented in this report as per usage, segments, geography and verticals. On the basis of usage, the global encryption software market is categorized into Data-at-rest and Data-in-transit.
The Data-at-rest encryption software market is further bifurcated into two key segments; Full Disk Encryption (FDE) and File level encryption (FLE). The global encryption software market stakeholders encompass IT security providers, IT security consultants, venture capitalists, and enterprises across different industry verticals. The global encryption software market in terms of geography covers North America, Europe, APAC and LAMEA.
Presently, North America dominates the global encryption software market, followed by Europe. It is expected that the North America would continue to dominate the global encryption software market from 2014 to 2020 owing to the burgeoning number of high profile data breaches, stringent data privacy compliance regulations and the increasing adoption of technologies specifically cloud and mobility.
KEY BENEFITS
The study provides an in-depth analysis of the encryption software market with current and future trends to elucidate the imminent investment pockets in the market
Current and future trends are outlined to determine the overall attractiveness and to single out profitable trends for gaining a stronger foothold in the market
The report provides information regarding key drivers, restraints and opportunities with impact analysis
Quantitative analysis of the current market and estimations through 2013-2020 are provided to highlight the financial caliber of the market
Porters Five Forces model and SWOT analysis of the industry illustrates the potency of the buyers & suppliers participating in the market
Value chain analysis in the report provides a clear understanding of the roles of stakeholders involved in the value chain
Get Sample Brochure of the Report @ http://www.marketintelreports.com/pdfdownload.php?id=allied0147
KEY MARKET SEGMENTATION
The market is segmented on the basis of usage, vertical and geography.
MARKET BY USAGE
• Encryption for Data-at-rest
• Full Disk Encryption (FDE)
• File Level Encryption (FLE)
• Encryption for Data-in-transit
• Email Encryption
MARKET BY VERTICAL
• Financial Sector
• Healthcare
• Public Sector
• Others (Retail)
MARKET BY GEOGRAPHY
North America
• United States
• Canada
• Others
Europe
• United Kingdom
• France
• Germany
• Others
Asia Pacific
• Japan
• China
• India
• Australia
• Others
• LAMEA
Mexico
• UAE
• South Africa
• Others
About us:
MarketIntelReports (MIR) aim to empower our clients to successfully manage and outperform in their business decisions, we do this by providing Premium Market Intelligence, Strategic Insights and Databases from a range of Global Publishers.
A group of industry veterans who are well experienced in reputed international consulting firms after identifying the sourcing needs of MNCs for market intelligence, have together started this business savior MarketIntelReports.
MIR intends to be a one-stop shop with an intuitive design, exhaustive database, expert assistance, secure cart checkout and data privacy integrated. It curates the list of reports, publishers and studies to ensure that the database is constantly updated to dynamically meet the targeted, specific needs of our clients.
MarketIntelReports currently has more than 10,000 plus titles and 35+ publishers on our platform and growing consistently to fill the “Global Intelligence Demand – Supply Gap”. We cover more than 15 industry verticals being: Automotive, Electronics, Manufacturing, Pharmaceuticals, Healthcare, Chemicals, Building & Construction, Agriculture, Food & Beverages, Banking & Finance, Media and Government, Public Sector Studies.
Contact us:
Mayur S
Sales Manager
2711 Centerville Road, Suite 400,
Wilmington,
Delaware,
19808
United States
www.marketintelreports.com
sales@marketintelreports.com
Telephone: 1-302-261-5343
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global encryption software market is expected to reach $2.16 billion by 2020 here
News-ID: 356146 • Views: …
More Releases from MarketIntelReports
Study on Future Growth Drivers of the Cloud Integration Market
Cloud Integration or integration platform as a service (iPaaS) is one of the fast emerging forms of cloud computing services that are delivered to configure data with various application programs. These application programs range from enterprise risk management (ERM), customer relationship management (CRM), database management system (DBMS), and business process management to web conferencing, and emails, etc. Cloud integration services are especially designed to help organizations of all sizes to…
Analysis of Variables Pushing the Expansion of the Workforce Management Market
Workforce Management is an integrated set of processes that an institution or organization uses to optimize the productivity of its employees on the individual, departmental, and entity-wide levels.
This report identifies the Workforce Management market size in terms of value for the year 2014-2016, and forecast of the same for year 2021. It highlights potential growth opportunities in the coming years, while also reviewing the market drivers, restraints, growth indicators, challenges,…
Study on Future Growth Drivers of the Blockchain Market
The blockchain technology market size is estimated to grow from USD 210.2 Million in 2016 to USD 2,312.5 Million by 2021, at a Compound Annual Growth Rate (CAGR) of 61.5% during the forecast period. In the report, 2015 is considered the base year, while the forecast period is 2016–2021.
The objective of the report is to define, describe, and forecast the blockchain technology market on the basis of providers, applications, deployment…
Glass Bonding Adhesives Market by End-Use Industry (Furniture, Electronics, Medi …
The use of adhesives and glues as a bonding agent between glass and other materials is increasing now a days. The glass bonding adhesives has a wide range of applications in automotive industry for bonding the glass in vehicles, manufacturing of water tanks and optical glasses, bonding of window glass to frame or structure etc. The selection of a suitable adhesive for proper bonding of glass depends upon various factors…
More Releases for Encryption
Email Encryption Market
The global Email Encryption industry research report provides an in-depth and methodical assessment of regional and global markets, as well as the most current service and product innovations and the global market's predicted size. The Email Encryption exploration does a complete request analysis to find the major suppliers by integrating all applicable products and services in order to understand the places of the top industry players in the Email Encryption…
Mobile Encryption Market: by Type (Disk Encryption, File/Folder Encryption, Comm …
Mobile encryption is the process of encoding all user data on an android device using symmetric encryption keys. Once the device is encrypted, all user created data would automatically encrypt before committing it to the disk and automatically decrypt data before returning it to the calling process. Encryption process doesn’t allows an unauthorized party to read data.
If any organization deals with a lot of mobile devices that carry critical data,…
Global Encryption Software Market
Global Encryption Software Market – Global Industry Analysis and Forecast (2018-2026) – By Component, Application, Deployment Type, Organization Size, Vertical, and Geography
Market Scenario
Global Encryption Software Market was valued US$ 3.45 Bn in 2017 and is expected to reach US$ 9.23 Bn by 2026, at a CAGR of 14% during a forecast period.
The global encryption software market based on component, application, deployment type, organization size, vertical, and region. In terms of…
Database Encryption Market Report 2018: Segmentation by Types (Transparent Encry …
Global Database Encryption market research report provides company profile for IBM, Symantec, McAfee, Oracle and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The report also provides detailed segmentation on the basis of product…
Global Mobile Encryption Market | Leading Players, Size, Share, Growth, Trends, …
If your Company involved in the Global Mobile Encryption industry or intend to be, then this study will provide you comprehensive outlook Future Industry by Analysts and know what to expect from this along with analysis By Industry Expert’s. It’s vital you keep your market knowledge up to date segmented by In-Depth Insight of Sales Analysis, Growth Forecast and Upcoming Trends Opportunities by Applications Manufacturing, Product Types By major Manufacturers.…
Mobile Encryption Market 2022 by Key Product - Disk Encryption, File/Folder Encr …
Encryption software is software that uses cryptography to make digital information difficult to read. Practically speaking, people use cryptography today to protect the digital information on their Mobile device as well as the digital information that is sent to other device over the Internet. As software that implements secure cryptography is complex to develop and difficult to get right, most computer users make use of the encryption software that already…
