Future of Encryption Software in Fast-Growth Cyber Security Market: Globally

The encryption software market by usage comprises encryption for data-at-rest and encryption for data-in-transit. In 2014, data-at-rest encryption software segment accounted for approximately 93.4% of the total encryption software market by value.

According to a global study by Allied Market Research, the global market is expected to garner $2.5 billion by 2021, registering a CAGR of 14.2% during the period 2016 - 2022.

Download Sample Report - https://www.alliedmarketresearch.com/request-sample/1100?utm_source=ict_opr

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.

For data-at-rest, the two most commonly used encryption software methods include full disk encryption (FDE) and file-level encryption (FLE), with full disk encryption is the most widely deployed method for protecting data against theft and ensuring compliance with data privacy and data breach notification laws. FDE is preferred over the FLE primarily due to the two major advantages, viz. ease of deployment and management, and complete security.

Want to Purchase this report?
Get Discount UP To 25%* (Offer Till 31st Jan 2018)
Buy Now: https://www.alliedmarketresearch.com/checkout/864840?utm_source=ict_opr

Key findings of the Encryption Software Market Study:

•Presently, encryption software for data-at-rest accounts for the major share of the encryption software market as compared to the encryption software for data-in-transit (email).
•Within the data-at-rest encryption software market, software-based full disk encryption (FDE) would continue to hold the majority of share vis--vis file level encryption (FLE), throughout the forecast period.
•Based on the geographic analysis, North America presently is the highest revenue-generating region and would continue to maintain this trend during 2015-2021.
•The use of encryption software is most widespread in the financial sector, which contributed approximately 44.2% share of total encryption software market revenue in 2014.
•The adoption of encryption software is higher among large enterprises as compared to the small- and medium-sized businesses.

Request for Customization - https://www.alliedmarketresearch.com/request-for-customization/1100?utm_source=ict_opr

About Us:

Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

This release was published on openPR.