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Innovative Report on : Data Encryption Market 2026 to grow at a CAGR of +15 %: Chain and Key Players Like IBM Corporation, Microsoft Corporation, Symantec Corporation, HP , Intel Security and others

01-23-2019 03:16 PM CET | IT, New Media & Software

Press release from: Research N Reports

Data Encryption Market

Data Encryption Market

Growing to a CAGR of +15% from 2019 to 2026. Encryption guarantees the security and privacy of data by converting a message or plain text into a coded message called encrypted text so that only authorized parties can read it. The simple text is encrypted / encoded using an algorithm and an encryption key that can be encoded or decrypted only by the recipient using the correct encryption key.

Therefore, when converting plain text into encrypted text, encryption prevents any unintended person from reading it and guarantees that it can only be interpreted by the authorized person. This guarantees the security and privacy of the data.

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This encrypted information would be illegible to anyone who does not have the encryption key. The encryption of the database is based on three important security features that are integrity, confidentiality and availability. With the help of these security functions, important functions are performed, such as the application of predefined restrictions, the prevention of data corruption and the reliable and regular access to the database.

Key players
IBM Corporation (US), Microsoft Corporation, (US), Symantec Corporation (US), HP (US), Intel Security (US), Oracle Corporation (US), Netapp Inc. (US), Gemalto (The Netherlands), Vormetric Inc. (US), and FireEye, Inc. (US), are some of the prominent players at the forefront of competition in the Global Data Encryption Market and are profiled in MRFR analysis.

Traditionally, endpoint security has been associated with antivirus / antimalware. However, with the increasing complexity of cybercrimes and the stringent compliance requirements for the protection and privacy of personally identifiable information, companies are increasingly deploying a layered defense. The portfolio of endpoint security solutions that companies are adopting comprises a set of different solutions such as antimalware, device and media control, protection against data leakage, and encryption is one of the key solutions.

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The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

Major Factors Report:
Global Data Encryption Market Research Report
• Global Economic Impact on Industry
• Global Supply (Production), Consumption, Export, Import by Regions
• Global Production, Revenue (Value), Price Trend by Type
• Global Market Analysis by Application
• Manufacturing Cost Analysis
• Market Effect Factors Analysis
• Global Data Encryption Market Forecast

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