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The Global Mobile Encryption Market is projected to reach USD 6,720.5 million by 2025, growing at a CAGR of 31.01% from 2017 to 2025 and top key players are Communication Security Group , Mobileiron , Blackberry , Dell Inc, IBM Corporation, Sophos , McAfe

02-26-2019 10:13 PM CET | Media & Telecommunications

Press release from: Kenneth Research

The Global Mobile Encryption Market is projected to reach USD

The Global Mobile Encryption Market was valued at USD 591.1 million in 2016 and is projected to reach USD 6,720.5 million by 2025, growing at a CAGR of 31.01% from 2017 to 2025. Mobile security has become increasingly important in mobile computing, having concerns for the security of personal and business information stored on smartphones. Encryption is a reversible process that scrambles data into cipher text, so anyone trying to read the data finds nothing. Mobile encryption increases the data security, keeps the data save even if one sells the phone or it is lost, secures the network connections on the backend, and implements authentication and authorizations.

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Sample Infographics:
Market Dynamics:
1. Market Drivers
1.1 Rising demand for cloud based mobile encryption solutions
1.2 Increasing demand for integrated solutions
1.3 Increasing usage of smartphones and tablets across enterprises
1.4 Rising concerns for data security and privacy of data
1.5 Strong compliance and regulations requirements
2. Market Restraints
2.1 Management of encryption keys
2.2 Lack of technical expertise
2.3 High operational cost

Market Segmentation:
The Global Mobile Encryption Market is segmented on the application, organization size, component, deployment model, vertical, and region.
1. By Application:
1.1 Cloud encryption
1.2 Disk encryption
1.3 Communication encryption
1.4 File encryption

2. By Organization Size:
2.1 Large Companies
2.2 Small and Medium Businesses

3. By Component:
3.1 Solution
3.2 Service

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3.2.1 Managed Service
3.2.2 Professional Service
3.2.2.1 Training and education
3.2.2.2 Consulting services
3.2.2.3 Support and maintenance

4. By Deployment Model:
4.1 Cloud-based
4.2 On-premise

5. By Vertical:
5.1 Government
5.2 IT and Telecommunications
5.3 Banking, Financial Services, and Insurance (BFSI)
5.4 Retail
5.5 Healthcare
5.6 Aerospace and Defense
5.7 Others

6. By Region:
6.1 North America (U.S., Canada, Mexico)
6.2 Europe (Germany, UK, France, Rest of Europe)
6.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
6.4 Latin America (Brazil, Argentina, Rest of Latin America)
6.5 Middle East & Africa

Competitive Landscape:
The major players in the market are as follows:
1. Communication Security Group
2. Mobileiron
3. Blackberry
4. Dell Inc
5. IBM Corporation
6. Sophos
7. McAfee
8. Alertboot
9. T-Systems
10. Certes Networks
11. Symantec Corporation
12. Eset

These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

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About Kenneth Research

Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation

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21st Floor Suite MA111,
New York, NY 10018

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Email:sales@kennethresearch.com
Phone: +1 313 462 0609

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