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Global Encryption Software Market Rise at CAGR of 27.39% by 2023: Sophos, Microsoft, Check Point Software Technologies, Dell EMC, McAfee, Bloombase, IBM, Symantec Software Solutions Private Limited and Cisco Systems

10-11-2018 12:12 PM CET | IT, New Media & Software

Press release from: Crystal Market Research - Technology

Global Encryption Software Market

Global Encryption Software Market

CMR Offers an Extensive Research Study on the Global Encryption Software Market, And Its Entire Ecosystem, Describes the Market Trends, Drivers, Restraints And Opportunities Of The Encryption Software Market.

Overview:
The Encryption Software Market was worth USD 1.94 billion in 2014 and is expected to reach approximately USD 17.13 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 27.39% during the forecast period.

Competitive Insights 2018:
The leading players in the market are Sophos, Microsoft, Check Point Software Technologies, Dell EMC, McAfee, Bloombase, IBM, Symantec Software Solutions Private Limited and Cisco Systems. These players offer data protection solutions for the Small and Medium Businesses (SBMs) and enterprises. Moreover, the organizations additionally center on the improvement of imaginative strategies identified with the propelled cryptography to give strong information security.

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Industry Outlook and Trend Analysis:
Currently, encryption programming is used in a variety of settings including retail, defence, retail, education, enterprises, and industrial automation. Software enterprises over the globe are quickly adopting encryption software to enhance information security and upgrade business capability. Brand reputation, regulatory compliance, and data privacy concerns are anticipated to be the power factors actuating associations to exploit encryption software solutions.

The BFSI portion represented a sizeable share of the market in 2015 and is foreseen to witness development at a significant CAGR over the forecast period. Banks generally use strategies including email, DVDs, and others for transferring data, which represent a high danger of information breach, thereby boosting the development openings in the business.

Application Outlook and Trend Analysis:
The cloud solutions portion is anticipated to witness development at a significant CAGR in the following years. Data storage is one of the significant assets for a few businesses including retail, banking & financial, and others to move to the cloud. This is attributable to the adaptability it offers as far as versatility and usage approach. Nonetheless, the adoption of cloud calls for the protection of crucial data.

The Encryption Software Market is segmented as follows-

Encryption Software Market, By Application, Estimates and Forecast, 2014-2023($Billion)
• Disk encryption
• File/folder encryption
• Database encryption
• Web communication encryption
• Network traffic encryption
• Cloud encryption
• Other Applications

Encryption Software Market, By Deployment, Estimates and Forecast, 2014-2023($Billion)
• On-premise
• Cloud-based

Encryption Software Market, By End User, Estimates and Forecast, 2014-2023($Billion)
• BFSI
• IT & telecom
• Retail
• Government & public administration
• Healthcare
• Defense & aerospace
• Education
• Manufacturing

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Regional Outlook:
On a global front, the Encryption Software Market covers North America (United States, Canada and Mexico), Europe (Germany, UK, France, Russia, Italy, Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific), South America (Brazil, Argentina, Columbia, Rest of South America) and Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA).

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Major TOC of Encryption Software Market:
Chapter1. Introduction
Chapter2. Executive Summary
Chapter3. Market Overview

Chapter4. Market Analysis by Regions
Chapter5. Encryption Software Market, By Application
Chapter6. Encryption Software Market, By Deployment

Chapter7. Encryption Software Market, By End User
Chapter8. Encryption Software Market, By Region

Chapter9. Company Profiles
9.1. Bloombase, Inc.
9.1.1. Business Overview
9.1.2. Service Portfolio
9.1.3. Revenue and Market Share
9.1.4. Strategic Developments

9.2. Cisco Systems, Inc.
9.2.1. Business Overview
9.2.2. Service Portfolio
9.2.3. Revenue and Market Share
9.2.4. Strategic Developments

9.3. Check Point Software Technologies Ltd.
9.3.1. Business Overview
9.3.2. Service Portfolio
9.3.3. Revenue and Market Share
9.3.4. Strategic Developments

9.4. EMC Corporation
9.4.1. Business Overview
9.4.2. Service Portfolio
9.4.3. Revenue and Market Share
9.4.4. Strategic Developments

9.5. IBM Corporation
9.5.1. Business Overview
9.5.2. Service Portfolio
9.5.3. Revenue and Market Share
9.5.4. Strategic Developments
…CONTINUED FOR TOC

List of Figure:
Figure Global Encryption Software Revenue Forecast by Application (2018-2023)
Figure Global Encryption Software Revenue Market Share Forecast by Application (2018-2023)
Figure Global Encryption Software Revenue Forecast by Deployment (2018-2023)
Figure Global Encryption Software Revenue Market Share Forecast by Deployment (2018-2023)
Figure Global Encryption Software Revenue Forecast by End User (2018-2023)
Figure Global Encryption Software Revenue Market Share Forecast by End User (2018-2023)
Continue…

Our market research services and solutions help transform your organizational data into intelligence to support fact based business decisions. Crystal Market Research offers a range of ways to access our research data and business insights to meet your business needs. We at Crystal provide valued commercial intelligence at global level with our extensive research and analysis capabilities. Our market research services are based on proven scientific research models to deliver high quality analysis.

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About Crystal Market Research:
Crystal Market Research is a U.S. based market research and business intelligence company. Crystal offers one stop solution for market research, business intelligence, and consulting services to help clients make more informed decisions. It provides both syndicated as well as customized research studies for its customers spread across the globe. The company offers market intelligence reports across a broad range of industries including healthcare, chemicals & materials, technology, automotive, and energy.

Contacts Us
Judy | 304 South Jones Blvd, Suite 1896,
Las Vegas NV 89107,
United States
E-mail: sales@crystalmarketresearch.com | Ph: +1-888-213-4282

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