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Mobile Encryption Market 2021 Competitive Insights - Check Point Software Technologies, Ltd, Hewlett Packard Enterprise, IBM Corporation

12-29-2021 11:56 AM CET | IT, New Media & Software

Press release from: Market Insights Reports

The Mobile Encryption Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the Mobile Encryption market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the Mobile Encryption market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the Mobile Encryption market.

The Global Mobile Encryption Market is valued at USD 1198.45 million in 2020 and is expected to reach a value of USD 5,931.23 million by 2026 at a CAGR of 30.55%, during the forecast period of (2021 - 2026).

Get a Free Sample Copy of This Report:

https://www.marketinsightsreports.com/reports/02082592258/mobile-encryption-market-size-share-growth-trends-covid-19-impact-and-forecasts-2021-2026/inquiry?Mode=namita

Top Leading Companies of Mobile Encryption Market are - Check Point Software Technologies, Ltd, Hewlett Packard Enterprise, IBM Corporation, KoolSpan, Inc., MobileIron, Inc., SecurStar GmbH, Silent Circle, LLC, Sophos Ltd., Symantec Corporation, T-Systems International GmbH and others.

Industry News and Updates:

- In August 2017, Symantec Corporation entered into a partnership with the telecom operator, Bharti Airtel, to serve the increasing cybersecurity requirements of businesses in India. The telecom service provider is now aiming to provide protection and prevent online the threats in an increasingly digitally connected world.

- In November 2017, For the first time, IBM Z enables organizations to pervasively encrypt data either in flight or at rest that is associated with an entire application, cloud service or database. All of this comes with no changes to the applications. It’s powered by the world’s most powerful and secure transaction system, capable of running more than 12 billion encrypted transactions per day.

Key Market Trends:

BFSI is Expected to Hold a Major Market Share

Among the current identified trends influencing this segment of the market, the usage of encrypted OTP SMS is one of them, along with a PIN to avoid any possible attacks, like phishing, man-in-the-middle attack, malware Trojans.
As more of the bank account information and passwords of customers come on mobile devices, even personal pictures (while application of loans, online) has become a major security concern. SSL/TLS enables secure transmissions of private data over the internet, including credit card details, passwords, and sensitive personal information.
Banks and financial institutions use SSL/TLS to encrypt their traffic to address these multiple issues, including controlling access, confidentiality, and reducing exposure to protocol-specific attacks.

North America is Expected to Hold a Major Market Share

In the North American region, the United States businesses sector increasingly depend on computer networks and electronic data to conduct its daily operations, and growing pools of personal and financial information are also transferred and stored in the cloud using phones.
Furthermore, a significant increase in BYOD trend is also favoring the conditions for advanced authentication methods, such as smart cards, physical tokens, KPI’s to access the sensitive information or to log in to the client servers.
It was estimated that, in the past three years, in the United States, there has been an increase of 44.42% of BYOD, which depicts the adoption patterns of encryption solutions in the country.

Investigator Observers Strong Growth in Specific Regions:

– Europe Market (Germany, UK, France, Russia, Italy)

– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)

– South America Market (Brazil, Argentina, Colombia)

– North America Market (United States, Canada, Mexico)

– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).

The Latest Industry Data Included in this Report:
- Mobile Encryption Market Size & Analysis (2016 - 2026)
- Market Share Analysis of Mobile Encryption Market (%),2016 - 2026
- Mobile Encryption Market Share, By Brand
- Mobile Encryption Market Share, By Company
- Mobile Encryption Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies Mobile Encryption Market Value Analysis & Forecast
- Promising Mobile Encryption Development by Major Companies
- Detailed Mobile Encryption Portfolio of the Major Companies
- Major Deals in the Mobile Encryption Market
- Major Companies Analysis

Browse Full Report at:

https://www.marketinsightsreports.com/reports/02082592258/mobile-encryption-market-size-share-growth-trends-covid-19-impact-and-forecasts-2021-2026?Mode=namita

We Offer Customization on Report Based on Specific Client Requirement:

- Country Level analysis for any 5 countries of your choice.

- Competitive analysis of any 5 key market players.

- 40 analyst hours to cover any other data point.

Contact Us:
Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com

About Us:

MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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