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Growth in Data Breach is propelling the Global Encryption Software Market Growth

08-26-2020 01:42 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Inkwood Research

Encryption Software Market Forecast

Encryption Software Market Forecast

According to a new market research report launched by Inkwood Research, the Global Encryption Software Market is projected to rise around $21.18 billion by 2028, growing at a CAGR of 12.80% over the forecasting period of 2019-2028.

Browse 57 market data Tables and 52 figures spread over 190 Pages, along with in-depth analysis on Global Encryption Software Market by Component, Deployment, Organization Size, Function, Industrial Vertical & by Geography
This insightful market research report by Inkwood Research focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. The report covers all the aspects of this comprehensive market, by assessing major geographies, and is a valuable asset for the existing players, new entrants, and future investors. The study presents a detailed market analysis, with inputs derived from industry professionals across the value chain.

Global Encryption Software Market Scenario

Encryption software includes a variety of encryption technologies that are employed to protect the stored data, or that is transmitted over IP. This technology-based software is one of the fastest developing data security solutions. It assists by protecting confidential data from unintended users by converting a plain text into a coded message (also called Ciphertext), which can only be read by the authorized party. The progression of the global encryption software market is driven by key attributes such as, growing usage of cloud and virtualization, a rise in mobility, surge in compliance regulations, and a growing number of force attacks and data breaches. On the other hand, high investments, limited application in particular countries, and strict regulation are factors projected to challenge the overall market growth.

The Global Encryption Software Market report provides data tables and includes charts and graphs for visual analysis.

Request Free Sample Report for Global Encryption Software Market by Component, Deployment, Organization Size, Function, Industrial Vertical & by Geography: https://www.inkwoodresearch.com/reports/encryption-software-market/#request-free-sample

Market Segmentation

Market by Industrial Vertical
• BFSI
• IT & Telecom
• Government & Public Sector
• Retail
• Healthcare
• Aerospace & Defense
• Media & Entertainment
• Others

Market by Deployment
• On-Premise
• Cloud

Market by Component
• Software
• Services

Market by Function
• Disk Encryption
• Communication Encryption
• File/Folder Encryption
• Cloud Encryption

Market by Organization Size
• Large Enterprises
• Small & Medium Enterprises

Report Highlights
- The report provides a detailed analysis of the current and future market trends, to identify the investment opportunities
- Market forecasts till 2028, using estimated market values as the base numbers
- Key market trends across the business segments, regions and countries
- Key developments and strategies observed in the market
- Market dynamics such as drivers, restraints, opportunities and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2028

Companies Profiled
• FORTINET, INC.
• SYMANTEC CORPORATION
• SOPHOS HOLDINGS LTD.
• ORACLE CORPORATION
• TREND MICRO INCORPORATED
• MCAFEE, LLC.
• PROOFPOINT
• DELL INC.
• BROADCOM INC.
• CISCO SYSTEM, INC
• MICROSOFT CORPORATION
• CHECK POINT SOFTWARE TECHNOLOGIES
• PALO ALTO NETWORKS, INC
• FIREEYE, INC.
• INTERNATIONAL BUSINESS MACHINES CORPORATION

Related Reports
GLOBAL ADAPTIVE SECURITY MARKET - Global adaptive security market is projected to rise at 13.23% of CAGR during the forecast period.
GLOBAL CYBER SECURITY MARKET - Global cyber security market is growing at a CAGR of 10.44% during the forecast period.

GLOBAL TRANSACTION MONITORING SOFTWARE MARKET - Global transaction monitoring software market to garner a CAGR of 14.10% during the forecast period.

GLOBAL ADVANCED PERSISTENT THREAT (APT) PROTECTION MARKET - Global advanced persistent threat (APT) protection market is developing with 18.07% of CAGR between 2018 and 2026.

GLOBAL MOBILE PAYMENT MARKET - Global mobile payment market is projected to evolve with 22.25% of CAGR during the year 2018-2026.

GLOBAL NEXT GENERATION FIREWALL MARKET - Global next generation firewall (NGFWs) market is expected to rise with 12.18% of CAGR between 2019 and 2028.

Contact Us:
Inkwood Research
169, Harrison Avenue
Boston, MA 02111
Tel: +1 857-302-4704
Email: sales@inkwoodresearch.com
Website: www.inkwoodresearch.com

169, Harrison Avenue
Boston, MA 02111

We at Inkwood research provide you with not just consulting services but also with syndicated and customized research reports which help advance your business further. We help the client to make informed, calculated decisions by offering them relevant and fact based research studies accumulated from various diverse industries such as technology, healthcare, chemicals, materials and energy. Due to the in-depth analysis conducted by our dedicated team of researchers and analysts, we offer our clients strategic objective insights about the market. We regularly update our market research so that our clients are better equipped with the latest data which helps them to make calculated moves for gaining competitive advantage over their rivals. We cover more than 40 multi-country market, competitor, and customer intelligence studies for our clients which involves a complete understanding of the market size, segmentation, intelligence and opportunity assessment apart from the best strategy to enter a new market. We also help the customer with identifying their competitors as well as customer, pricing and sourcing intelligence to roust the competition.

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