Global Cloud Encryption Market Size and Forecast to 2025 | Key Players Are IBM, Parablu, Secomba, Gemalto, Symantec, Netskope etc.

The Global Cloud Encryption Market was valued at USD 535.65 million in 2016 and is projected to reach USD 5904.35 million by 2025, growing at a CAGR of 30.56% from 2017 to 2025.

Cloud encryption is a service that is provided by cloud service system providers in which text or data is converted using specific encryption algorithms and then placed on the cloud. This application of the cloud ensures that only the authorized users will have access to the data that is present in the cloud, which can include sensitive data. There are several advantages of using a service such as a cloud encryption such as it meets the regulatory compliance requirements, it is beneficial for data protection and it only allows information access to the authorized users.

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Competitive Landscape:

The major players in the market are as follows:

• IBM Corporation
• Parablu
• Secomba
• Twd Industries AG
• Skyhigh Networks
• Ciphercloud
• Sophos
• Gemalto
• Symantec Corporation
• Hytrust
• Thales E-Security
• Netskope
• Trend Micro

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The increasing need for cloud-based encryption solutions in small and medium businesses has led to a rise in cloud adoption and virtualization. These factors are driving the market for cloud encryption. The poor knowledge about technology both with individuals as well as within companies as well as the lack of technical expertise coupled with the complexities that are related to the management of encryption keys and the costly infrastructure are factors that are restraining the cloud encryption market size from growing.

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Overview: Table Of Content

1 INTRODUCTION OF GLOBAL CLOUD ENCRYPTION MARKET
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY OF VERIFED MARKET INTELLIGENCE
4 GLOBAL CLOUD ENCRYPTION MARKET OUTLOOK
5 GLOBAL CLOUD ENCRYPTION MARKET, BY SERVICE MODEL
6 GLOBAL CLOUD ENCRYPTION MARKET, BY COMPONENT
8 GLOBAL CLOUD ENCRYPTION MARKET, BY ORGANIZATION SIZE
9 GLOBAL CLOUD ENCRYPTION MARKET, BY GEOGRAPHY
10 GLOBAL CLOUD ENCRYPTION MARKET COMPETITIVE LANDSCAPE
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