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Growing Cyberattacks Linked to Global Bank Encryption Software Market Growth
Global Bank Encryption Software Market
Browse 49 Market Data Tables and 49 Figures spread over 230 Pages, along with in-depth analysis on the Global Bank Encryption Software Market by Deployment Model, Enterprise Size, Component, Function, & by Geography.
The Global Bank Encryption Software Market report provides data tables and includes charts and graphs for visual analysis.
Request Free Sample Report for Global Bank Encryption Software Market Deployment Model, Enterprise Size, Component, Function, & by Geography: https://inkwoodresearch.com/reports/bank-encryption-software-market/#request-free-sample
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 Bank Encryption Software Market Scenario
Bank encryption software is a powerful information security technology used by banks to protect and secure personally identifiable information like social security numbers, addresses, names, and credit scores, against cyberattacks. Cyber threats have been a significant threat with the growing digitization. These include data breaches, service denial, and computer viruses. The primary task of cybersecurity is encrypting personal information.
Furthermore, malware and hacking are the prominent causes of data breaches in financial services. The stats stand at 6% for insider threats, 18% for accidental disclosure, 75% for hacking and malware, and 2% for physical breaches. There has also been a rise in accidental disclosures and insider threats. Also, the growing cloud adoption is projected to increase such threats. Such aspects are expected to influence the growth of the global bank encryption software market.
However, the market growth is restrained by the lack of awareness in terms of encryption software. A high proportion of users are unaware of the software used to ensure adequate protection from viruses, malware, hackers, etc.
Access full Report Description, TOC, Segments, Chart, etc: https://inkwoodresearch.com/reports/bank-encryption-software-market/
Market Segmentation
Market by Component
• Services
• Software
Market by Enterprise Size
• Small & Medium Enterprises
• Large Enterprises
Market by Function
• Disk Encryption
• Communication Encryption
• Cloud Encryption
• File/ Folder Encryption
Market by Deployment Model
• Cloud Bank Encryption Software
• On-Premise Bank Encryption Software
Report Highlights
• The report provides a detailed analysis of the current and future market trends to identify the investment opportunities
• Market forecasts till 2030, 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 2030
Companies Profiled
• MCAFEE CORP
• BROADCOM INC
• ESET
• LOOKOUT SECURITY
• WINMAGIC DATA SECURITY SOLUTION
• PROTEGRITY PVT
• BITDEFENDER PVT
• NETSKOPE INC
• THALES GROUP
• IBM
• TREND MICRO INC
• MICROSOFT CORPORATION
• DELL TECHNOLOGIES INC
• INTEL CORPORATION
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Inkwood Research specializes in syndicated & customized research reports and consulting services. Market intelligence studies with relevant fact-based research are customized across industry verticals such as technology, automotive, chemicals, materials, healthcare, and energy, with an objective comprehension that acknowledges the business environments. Our geographical analysis comprises North & South America, CEE, CIS, Middle East, Europe, Asia, and Africa.
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