Encryption Software Global Market Trends, Drivers, Strategies, Applications and Competitive Landscape 2023

Encryption Software Market is accounted for $3.0 billion in 2016 and is expected to reach $12.51 billion by 2023 growing at a CAGR of 22.6% during the forecast period. Growing mobility, rising concerns related to data loss and strict regulatory standards are some of the factors favoring the market growth. In addition rising Bring Your Own Device (BYOD) trend in organizations, and rapid adoption of cloud technologies are fuelling the market growth during the forecast period. However, dearth of awareness is anticipated to hamper the market growth.

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By Industry, BFSI segment is anticipated to grow at a significant CAGR attributed to increasing number of cyber-attacks. Telecom & IT segment is witnessing higher growth rate during the forecast period. The growth is accounted for high threat from hackers, growing penetration of smartphones. By geography, North America commanded the market, followed by Europe. Largest market share of North America is attributed to the stringent regulations regarding data privacy compliance and growing adoption of cloud and mobility technologies. Asia Pacific is projected to register higher growth rate during the forecast period.

Some of the key players in Encryption Software market include IBM Corporation, EMC Corporation, Checkpoint Software Technologies, Intel Corporation, Trend Micro, Inc., Microsoft Corporation, SAS Institute, Inc., Sophos Ltd., Winmagic, Inc, Symantec Corporation, Cisco Systems Inc., Hewlett-Packard, Dell, Eset, and Gemalto.

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Table of Content:

1 Executive Summary

2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions

3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Futuristic Market Scenario

4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry

5 Global Encryption Software Market, By Component
5.1 Introduction
5.2 Services
5.2.1 Managed Services
5.2.2 Professional Services
5.2.2.1 Planning and Consulting
5.2.2.2 Support and Maintenance
5.2.2.3 Training and Education
5.3 Solution
5.3.1 Types of Data Encrypted
5.3.1.1 Data in Use
5.3.1.2 Data in Transit
5.3.1.3 Data at Rest
5.3.2 Types of Encryption
5.3.2.1 Asymmetric Encryption
5.3.2.2 Symmetric Encryption

6 Global Encryption Software Market, By Deployment Type
6.1 Introduction
6.2 On-Premise Deployment
6.3 Cloud Deployment

7 Global Encryption Software Market, By Application
7.1 Introduction
7.2 Communication Encryption
7.2.1 Voice Encryption
7.2.2 Email Encryption
7.2.3 Instant Messaging Encryption
7.3 Disk Encryption
7.4 Database Encryption
7.4.1 Application-Level Encryption
7.4.2 Database-Level Encryption
7.5 Cloud Encryption
7.6 File/Folder Encryption
7.7 Network traffic encryption
7.8 Web communication encryption
7.9 Other Applications

8 Global Encryption Software Market, By Organization Size
8.1 Introduction
8.2 Large Enterprises
8.3 Small and Medium-Sized Enterprises

9 Global Encryption Software Market, By Industry
9.1 Introduction
9.2 Government & Public Sector
9.3 Aerospace & Defense
9.4 Banking, Financial Services, and Insurance
9.5 Retail
9.6 Healthcare
9.7 Telecom & IT
9.8 Other Industries

11 Key Developments
11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launch
11.4 Expansions
11.5 Other Key Strategies

12 Company Profiling
12.1 IBM Corporation
12.2 EMC Corporation
12.3 Checkpoint Software Technologies
12.4 Intel Corporation
12.5 Trend Micro, Inc.
12.6 Microsoft Corporation
12.7 SAS Institute, Inc.
12.8 Sophos Ltd.
12.9 Winmagic, Inc
12.10 Symantec Corporation
12.11 Cisco Systems Inc.
12.12 Hewlett-Packard
12.13 Dell
12.14 Eset
12.15 Gemalto

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