Application-level Encryption Market Size and Industry Forecast 2025 - Shares and Strategies Of Key Players

"The Latest Research Report Application-level Encryption Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz"

This exclusive report will provide you with the market size and forecast (US$ Mn) for the global market and its segments for the period from 2015 to 2025 along with the growth rate (CAGR) from 2017 to 2025, considering 2016 as base year. In addition, drivers, restraints and opportunities, competitive landscape have also been covered under the current proposed table of contents, which will in due course help you to take strategic decisions with respect to the market.

In application-level encryption, the process of data encrypting is completed by the application that is used to modify or generate the data that is to be encrypted. This essentially means that, data is encrypted before it is written to the database. This unique approach to encryption renders the encryption process to be tailored to each user based on the information (such as entitlements or roles) that the application knows about its users. Application-level encryption can be organized to specific data protection mandates such as payment card industry data security standard (PCI DSS). Developers who add encryption to applications usually prefer to implement difficult cryptographic algorithms themselves. It is better to use pre-certified cryptographic implementations for the application-level encryption in order to avoid unwanted security flaws. Application-level encryption provides robust security, operational flexibility and high performance to the systems. With the flexibility to handle a wide spectrum of applications - from high-volume applications and fully automated to low-volume and tightly supervised applications, application encryption solutions deliver data protection and operational efficiency.

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Application-level encryption has the potential to simplify the encryption process used by a company. If an application encrypts the data that it modifies from a database then a secondary encryption tool is not required to be integrated into the system. The data is encrypted before it is written to the server. A hacker needs to have access to the database contents as well as the applications that were used to decrypt or encrypt the contents in order to decrypt sensitive data, these above mentioned factors are driving the market. However, application-level encryption means that applications used by a firm need to be modified to encrypt data themselves. This consumes a significant amount of time and other resources. Application-level encryption has a limiting effect on the performance of database, as the entire data on the database is encrypted by a multitude of applications it becomes difficult to search or index the data. This is projected to pose challenges to the application-level encryption market. Furthermore, increase in the demand for cloud-based encryption solutions is projected to be an opportunity for the application-level encryption market.

The application-level encryption market can be segmented on the basis of deployment type, end-use and region. Based on deployment type, the application-level encryption market can be classified into cloud and on premise. Major database providers such as Oracle and Microsoft offer application-level encryption options with better security features. The data is collected by the database as a service provider as it is exposed in the database server and encrypted at rest. Before it is sent to the cloud database, application-level encryption addresses this threat by encrypting the data. Cloud services make every effort to secure their systems. A fundamental encryption capability present in the cloud is where the storage containers are accordingly encrypted based on user preference during setup. In terms of end-use, the application-level encryption market can be divided into healthcare, retail, BFSI, telecom and IT and manufacturing. As healthcare organizations continue to dive deeper into digital operations, security has been an obvious concern, especially in the light of recent cyber-attacks and breaches.

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On the basis of region, the application-level encryption market can be categorized into North America, Europe, Asia Pacific, Middle East & Africa, and South America. The increasing number of small and medium-sized businesses in countries such as India, China and Japan are putting in efforts to secure their personal and business data so as to focus on their core operations, which in turn, is projected to boost the adoption of application-level encryption solutions.

Some of the major players in the application-level encryption market are Thales, Gemalto NV, Instaclustr, IBM Corporation, Intel Corporation, Symantec Corporation, NetApp, Hewlett Packard Enterprise Development LP, Sophos Ltd., Oracle, Microsoft Corporation, Trend Micro, and CipherCloud among others.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis

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The regional analysis covers:

North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market

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