Disk Encryption Market Size Forecasted To Achieve 5.11 Billion By 2029 With Steady Growth

Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations.

What Is the Disk Encryption Market Size and Projected Growth Rate?
The rapid expansion of the disk encryption market in recent years is significant. Between 2024 and 2025, the market is projected to surge from $16.21 billion to $18.50 billion, with a Compound Annual Growth Rate (CAGR) of 14.1%. The expansion during the historical period has been driven by factors such as the surge in small to mid-sized businesses, the rapid pace of digital transformation, increased government campaigns, growing requirements for encryption software, and an increase in complex data breaches.

In the coming years, rapid expansion is predicted for the disk encryption market, with a projected growth to $31.08 billion by 2029, demonstrating a compound annual growth rate (CAGR) of 13.9%. Factors contributing to this growth during the forecast period include escalating cybersecurity threats, stricter compliance regulation, elevated adoption of cloud and virtualization, augmented compliance laws, and an increased demand for cloud-based disk encryption software. Notable trends anticipated during this period include an upsurge in bring your own device (BYOD) practices, internet of things (IoT) developments, comprehensive adoption of internet of things (IoT) technology, hardware encryption technology, and the integration of cloud computing.

Purchase the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=21939

What Are the Major Segments in the Disk Encryption Market?
The disk encryption market covered in this report is segmented -

1) By Type: Full Disk Encryption (FDE), File-Level Encryption, Virtual Disk Encryption
2) By Deployment Mode: On-Premises, Cloud-Based
3) By Organization Size: Large Enterprises, Small And Medium-sized Enterprises
4) By Industry Verticals: Banking, Financial Services, And Insurance (BFSI), Telecom And Information Technology, Government And Public Utilities, Healthcare, Retail, Aerospace And Defense, Other Industry Verticals

Subsegmentss:

1) By Full Disk Encryption (FDE): Hardware-Based Full Disk Encryption (FDE), Software-Based Full Disk Encryption (FDE), Self-Encrypting Drives (SEDs)
2) By File-Level Encryption: Individual File Encryption, Folder-Level Encryption, End-to-End Encryption
3) By Virtual Disk Encryption: Encrypted Virtual Drives, Encrypted Containers, Cloud-Based Virtual Disk Encryption

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=21939&type=smp

What Are The Driving Disk Encryption Market Evolution?
The escalating instances of data violations are projected to act as a catalyst for expansion in the disk encryption market. Data violations typically involve unauthorized entities procuring sensitive, confidential, or secured data. These rising numbers primarily attribute to cybercriminals utilizing sophisticated hacking methods to exploit security flaws in enterprises, often employing techniques such as phishing, ransomware, and AI-based attacks to infiltrate sensitive data illicitly. Disk encryption comes to the rescue in such scenarios, preventing unauthorized individuals from accessing data during a breach by transforming delicate data into undecipherable codes, thus ensuring security. Surfshark, a cybersecurity organization based in Lithuania, reported in February 2025 that there was a whopping increase in the number of global data violations in 2024, crossing 5.5 billion, a significant surge from the previous 730 million in 2023. This surge in data violations is instrumental in driving the growth of the disk encryption market.

Which Firms Dominate The Disk Encryption Market Segments?
Major companies operating in the disk encryption market are Samsung Electronics Co. Ltd., Microsoft Corporation, Dell Technologies Inc., Intel Corporation, International Business Machines Corporation, Cisco Systems Inc., Micron Technology Inc., Thales S.A., Western Digital Technologies Inc., Kingston Technology Corporation, Seagate Technology Holdings PLC, KIOXIA Holdings Corporation, NetApp Inc., Check Point Software Technologies Ltd., Trend Micro Incorporated, Kaspersky Lab, Bitdefender SRL, McAfee LLC, Sophos Limited, WinMagic Inc.

What Trends Are Expected to Dominate the Disk Encryption Market in the Next 5 Years?
Major players in the disk encryption market are prioritizing augmented cybersecurity measures like full disk encryption, in order to enhance data safety, guard against unapproved access, and lessen cyber threats. Full disk encryption (FDE) is a security strategy that locks all data on a hard drive using encryption, allowing access only with correct authentication, thereby safeguarding it from unsanctioned access. For example, Canonical, a computer software firm based in the UK, in October 2023, introduced Ubuntu 23.10, focusing on key security and app discovery upgrades. This new release emphasizes device encryption with preliminary support for full disk encryption, lowering the reliance on passphrases, and limits user namespaces without privilege to reduce cyber vulnerabilities. These improvements are designed to shield sensitive information and ensure secure correspondence between client applications and servers, ensuring that unauthorized entry does not jeopardize data.

Get the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/report/disk-encryption-global-market-report

Which Is The Largest Region In The Disk Encryption Market?
North America was the largest region in the disk encryption market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the disk encryption market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Disk Encryption Market?
2. What is the CAGR expected in the Disk Encryption Market?
3. What Are the Key Innovations Transforming the Disk Encryption Industry?
4. Which Region Is Leading the Disk Encryption Market?

Why This Report Matters:

Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.

Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.

Efficient Research: Quickly identify market growth, leading players, and major segments.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.