Cloud Encryption Market Development Strategy -CAGR 30.15% forecasted period 2018-2023 | CipherCloud, Hytrust, Gemalto NV, IBM Corporation, Netskope, Secomba GmbH, Skyhigh Networks, Sophos Group Plc., Symantec Corporation and Thales e-Security Inc.

The Cloud Encryption Market was worth USD 0.26 billion in the year 2014 and is expected to reach approximately USD 2.80 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 30.15% during the forecast period.

Cloud Encryption Market - Competitive Insights:

The market includes various competitors prevailing across the regions. The major players in the market are CipherCloud Inc., Hytrust Inc., Gemalto NV, IBM Corporation, Netskope Inc., Secomba GmbH, Skyhigh Networks, Sophos Group Plc., Symantec Corporation, and Thales e-Security Inc. are involved in strategic acquisition and mergers for further product development.

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The worldwide cloud encryption market is anticipated to encounter a critical development over the figure time frame. The expanding selection of software as a service (SaaS) and infrastructure as service (IaaS) models dominatingly in developing countries is emphatically affecting cloud encryption advertise. Cloud encryption is the change of a cloud benefit client's information into ciphertext. Cloud encryption is practically indistinguishable to in-house encryption with one vital contrast that the cloud client must set aside opportunity to find out about the supplier's strategies and methodology for encryption and encryption key administration. The cloud encryption abilities of the specialist organization need to coordinate the level of affectability of the information being facilitated.

The Cloud Encryption Market is segmented as follows-

Cloud Encryption Market - By Region:

North America - U.S, Canada, Mexico
Europe - Germany, France, UK, Italy, Spain, Rest of Europe
Asia-Pacific - Japan, China, Australia, India, South Korea, Rest of Asia Pacific
Rest of the World - Brazil, South Africa, Saudi Arabia, United Arab Emirates, Others

Cloud Encryption Market - Regional Outlook and Trend Analysis:

North America held a significant share of the Cloud Encryption Market in 2014 due to the increasing adoption of the cloud encryption in the healthcare sectors and increase in investments in the private sectors. The Asia-Pacific market has not experienced any substantial growth due to high pricing and low Government initiatives towards the market, but can experience favorable growth in coming years owing to increasing in disposable income in the region.

Cloud Encryption Market - Service Model Outlook and Trend Analysis:

On the basis of Service Model, the worldwide Cloud Encryption market is segmented into IaaS, SaaS and PaaS. SaaS section of the service model segment is expected to generate highest market share over the forecast period owing to the rising adoption of (SaaS) in developing economies. For example, in North America, organizations that are engaged with giving cloud based administrations and arrangements are going into coordinated efforts with each other and are engaged to offer different propelled advances to shoppers which indicate increase in demand of SaaS. Moreover, rising application of BYOD practices and fast progressions in cloud innovation with a specific end goal to give high security to private and classified information will also fuel the growth of cloud encryption market.

Cloud Encryption Market - By Service Model:

IaaS
SaaS
PaaS

Cloud Encryption Market - By Industry Vertical:

BFSI
Healthcare
Government and Utilities
Telecom and IT
Retail
Aerospace and Defense
Other Industry Vertical

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Cloud Encryption Market - Industry Vertical Outlook and Trend Analysis:

The worldwide cloud encryption market is segmented into BFSI, Healthcare, Government and Utilities, Telecom and IT, Retail, Aerospace and Defense and other industry verticals, on the basis of industry vertical. Healthcare sections of the industry vertical segment is expected to generate highest market share over the forecast period owing to the rising adoption of cloud encryption in the healthcare sectors for better patient management. Moreover, increasing complexities of IT systems and ability to deploy new applications will also fuel the growth of the market in the upcoming years.

Cloud Encryption Market - Table of Contents:

1. Introduction
2. Executive Summary
3. Market Overview
4. Cloud Encryption Market, By Service Model
5. Cloud Encryption Market, By Industry
6. Cloud Encryption Market, By Region
7. Company Profiles
….

Cloud Encryption Market - List of Tables:

Table 1.Global Cloud Encryption Market, By Service Model ($Million), 2014-2023
Table 2.IaaSMarket, By Region ($Million), 2014-2023
Table 3.SaaS Market, By Region ($Million), 2014-2023
Table 4.PaaS Market, By Region ($Million), 2014-2023
Table 5.Global Cloud Encryption Market, By Industry ($Million), 2014-2023
Table 6.Government and Utilities Market, By Region ($Million), 2014-2023
….

Cloud Encryption Market - List of Figures:

Figure 1.Global Cloud Encryption Market Share, By Service Model, 2014 & 2023
Figure 2.Cloud Encryption Market, By Industry, 2016, ($Million)
Figure 3.Cloud Encryption Market, By Region, 2016, ($Million)
Figure 4.IBM Corporation: Net Revenues, 2014-2016 ($Million)
Figure 5.IBM Corporation: Net Revenue Share, By Segment, 2016
….

What our report offers:

- Market share assessments for the regional and country level segments

- Market share analysis of the top industry players

- Strategic recommendations for the new entrants

- Strategic recommendations in key business segments based on the market estimations

- Competitive landscaping mapping the key common trends.

- Company profiling with detailed strategies, financials, and recent developments

- Supply chain trends mapping the latest technological advancements

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