Encryption Software Market Statistics and Overview on Prominent Industry Players Such as Symantec Corporation,Sophos Holdings Ltd., McAfee, Check Point Software Technologies, Proofpoint, Trend Micro

The global Encryption Software market is expected to garner $2.5 billion by 2021, registering a CAGR of 14.2% during the period 2016 - 2022. North America is expected to be the leading contributor during the forecast period, owing to higher adoption of end-point security solutions among organizations and prevalence of higher data protection & compliance regulations. However, Asia-Pacific region is anticipated to grow at the fastest rate, due to the growing penetration of cloud computing and increasing workforce mobility.

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Software secret writing is being wide used across totally different business verticals together with finance, healthcare, government, and others. monetary sector accounted for roughly forty four.2% of worldwide secret writing computer code market in 2014. Entities in operation within the sector are mandated by knowledge|the info|the information} privacy rules to adopt effective security measures in their organization and to confirm that the in person classifiable data (PII) of the purchasers is shielded from any unauthorized or unmotivated disclosure/access. aid and Public sectors are anticipated to witness fast adoption of computer code secret writing throughout 2016-2020.

The secret writing computer code market by usage includes secret writing for data-at-rest and secret writing for data-in-transit. In 2014, data-at-rest secret writing computer code section accounted for roughly ninety three.4% of the whole secret writing computer code market by price.

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For data-at-rest, the 2 most typically used secret writing computer code strategies embody full disk secret writing (FDE) and file-level secret writing (FLE), with full disk secret writing being the foremost wide deployed technique for shielding information against stealing and making certain compliance with information privacy and information breach notification laws. FDE is most well-liked over the FLE primarily because of the 2 major benefits, viz. simple readying and management, and complete security.

Dominating Market Players Profiled in this Report:

•Symantec Corporation
•Sophos Holdings Ltd.
•McAfee
•Check Point Software Technologies
•Proofpoint
•Trend Micro

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Owing to the speedily increasing adoption of cloud services across numerous sectors, organizations are inclined towards adopting secret writing solutions to confirm information security and compliance with the info privacy rules. The key players profiled during this report are Symantec Corporation, Sophos Holdings Ltd., McAfee, Inc., Check purpose computer code Technologies, Proofpoint, and Trend small.

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