Global Mobile Encryption Market Intelligence & Future Trends 2017-2026

Global Mobile Encryption Market was valued at USD XX Million in the year 2018. Global Mobile Encryption Market is further estimated to grow at a CAGR of XX% from 2019 to 2026 to reach USD XX Million. North America region holds the highest market share in 2018 and the Asia-Pacific market is considered as the fastest growing market in the forecasted period. At a country level, developed markets like the U.S. holds the notable market share in 2018 and it is projected to grow strongly in the coming years.

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Dell Inc. (US), BlackBerry Limited (Canada), MobileIron Inc. (US),IBM Corporation (US), Sophos Ltd. (UK), McAfee, Inc. (US) are some of the key players in the Mobile Encryption Market with IBM Corporation holding the substantial market share because of its better global presence both at production and at an operational level. Rising research and development expenses to cater changing demand of end users, similarly, growth strategies such as acquisition, merger, and expansion of the distribution network were few techniques adopted by most of Tier 1 and Tier 2 manufacturers in recent years.

Drivers:

Increase in cyber-attacks
The Rise in the number of smartphone users

Restraints:

Increased operational cost

Opportunities:

Rising Demand for Cloud-Based Mobile Encryption along with Integrated Solutions

Challenges:

Security systems have to be updated regularly

Between Solutions, Support and Maintenance, Training and Education and Consulting falling under the component segment; because of the growing popularity and easy availability solution component is expected to be the highest market share during the forecast period.

On the other hand, the Cloud-based segment for this market is expected to grow at the highest CAGR during the year 2018-2026.

Key Benefits for Stakeholders

Mobile encryption Manufacturers, Distributors, and Retailers
Research and Consulting organization
Technology Standards Organizations, Forums, Alliances and Associations
End-use industries
Regulatory bodies, policy actors, and consumers.

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By Component

Solutions
Support and Maintenance
Training and Education
Consulting

By Deployment

Cloud-based
On-Premises

By Industry

IT & Telecom
Healthcare
Retail
Media & Entertainment
Manufacturing
Banking, Financial Services, and Insurance
Others

By Region

North America
Europe
Asia-Pacific
LAMEA

Key Market Players

Dell Inc. (US)
BlackBerry Limited (Canada)
MobileIron Inc. (US)
IBM Corporation (US)
Sophos Ltd. (UK)
McAfee, Inc. (US)
(A brief overview of another 13 companies is also provided)

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Research Methodology:

Mnemonics Market Research follows in-depth Research Methodology focused on reducing deviation in the collected data. Mnemonics Market Research offers the most precise evaluations and projection for the market numbers. Mnemonics Market Research engages following Market Engineering techniques –

Raw Market Data is collected and compared with the Existing in-house Data on a broad front.
Both Bottom-Up and Top-Down approaches are analyzed for segmenting and estimating measurable aspects of the market.

To avoid bias, we filter the collected data collected from authenticated sources.
Mnemonics Market Research has a well proven Statistical Modeling System for estimates and forecasts.
Further, the report findings are validated with the Industry Expert Panel on face to face or telephonic interviews.
Panelists are approached from Leading Enterprises across the value chain including manufacturers, suppliers, technology providers, domain experts and buyers so as to validate a thorough and balanced market overview.
Detailed customization is also available for you. Further, if the report listed above does not meet your key requirements. Our customized research report will analytically cover the required market information you need which will help you to plan your business decisions

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