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Global Encryption Software Market Growth, Size, Share, Industry Report and Forecast 2020-2026

09-15-2021 08:51 AM CET | IT, New Media & Software

Press release from: Orion Market Research

The global market for encryption software is projected to have considerable CAGR of 16.1% during the forecast period. The major factors that propels the encryption software market include the growing concern related to data privacy and security coupled with increase in cyber attacks and data breaches across the enterprises. Data security and privacy have a essential part in enterprises that support in preventing unaccredited access to computers, websites, and databases. However, the concerns regarding data security and privacy have been growing considerably owing to the abundant amount of unprotected data and poor cyber security. Data loss is a major concern for enterprises of all sizes as it results in losing money and time to recover information which is vital for every enterprise. The encryption software is considered as a crucial data protection solution that encrypted the data and stores original data in case of cyber attacks.

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The global encryption software market is segmented based on deployment type, application and industry. Based on the deployment type, the market is further classified into on-premises ad cloud- based. The cloud-based segment is projected to grow at a significant CAGR during the forecast period. The various industries such as retail, IT & telecom are adopting cloud-based software for the data encryption and file encryption. The application segment in the global encryption software market further classified into database encryption, disk encryption, communication encryption, file encryption, and others. The database encryption segment is estimated to grow considerably during the forecast period. On the basis of industry the market is further segregated into BFSI, IT & telecom, government, retail & e-commerce, and others.

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Global Encryption Software Market Segmentation

By Deployment Type

· On-Premises

· Cloud-Based

By Application

· Database Encryption

· Disk Encryption

· Communication Encryption

· File Encryption

· Others (Cloud Encryption)

By Industry

· BFSI

· IT & Telecom

· Government

· Retail & E-commerce

· Other (Healthcare)

Regional Analysis

North America

· United States

· Canada

Europe

· UK

· Germany

· Spain

· France

· Italy

· Rest of Europe

Asia-Pacific

· India

· China

· Japan

· South Korea

· Rest of APAC

Rest of The World

Company Profiles

· Broadcom Inc.

· Bitdefender S.R.L.

· Bloombase, Inc.

· Check Point Software Technologies Ltd.

· Cryptomathic

· CipherCloud, Inc.

· Cisco Systems, Inc.

· ESET, spol. s r. o.

· Fortinet, Inc.

· IBM Corp.

· Intel Corp.

· Microsoft Corp.

· Micro Focus International plc

· McAfee, LLC

· Oracle Corp.

· Sophos Ltd.

· Stormshield

· Thales Group

· Trend Micro Inc.

· WinMagic

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1. We cover more than 15 major industries, further segmented into more than 90 sectors.

2. More than 120 countries are for analysis.

3. Over 100+ paid data sources mined for investigation.

4. Our expert research analysts answer all your questions before and after purchasing your report.

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Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

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