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Network Encryption Market Size, Share and Analysis by Component Type (Hardware, Platform, Services), Deployment Type (On–Premise, Cloud), Transmission Type (Traditional Transmission And Optical Transmission), By Data (<10g, 10g–40g, 40g–100g, and >100g)Rate Organizational Size (Small And Medium Enterprise, Large Enterprise), Industry Vertical (It & Telecom, BFSI, Media & Entertainment, Government & Defense And Others) : Global Opportunity Analysis And Industry Forecast, 2020–2027

A09552
Pages: NA
Jan 2021 | 111 Views
 
Author(s) : NA
Tables: NA
Charts: NA
 

COVID-19

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Network Encryption Market Insights:

Network encryption is defined as the network security process which applies crypto services at the network transfer layer which is above the data link layer. The network encryption is usually used in order to protect the data which is moving over the communication networks. Many organizations which are security conscious which go one stage further and protect their internet traffic and also the internal networks, virtual private networks and corporate backbone networks with network level encryption. In addition to this, network encryption is also used to act as a security layer between the communications of multiple networks. Network encryption is widely used over the internet protocol security using various different algorithms, open internet engineering task force standards which are used in the combination to provide a structure for private communication over Internet protocol networks. 

Network Encryption Market Scope and Structure Analysis:

 

Report Matric

Details

Market size available for the years

2019-2027

Base year considered

2019

Forecast period

2020-2027

Forecast unit

Value (USD)

Segments covered

  • Component Type
  • Transmission Type
  • Data Rate
  • Organizational Size
  • Industry Vertical
  • Region

Regions covered

  • North America (U.S. and Canada),
  • Europe (Germany, UK, France, and the Rest of Europe),
  • Asia-Pacific (China, Japan, India, and the Rest of Asia Pacific).
  • LAMEA (Latin America,Middle East,Africa)

Companies covered

 

  1. Cisco Systems Inc.
  2. Thales e-security Inc.
  3. Juniper Network Inc .
  4. Huawei Technologies Inc.
  5. Nokia Corp.
  6. Colt Technology Services
  7. F5 Networks Inc.
  8. Quantum Corp.
  9. CA Technologies Inc.
  10. IBM Corp.

 

 

Impact of COVID-19 on Network Encryption Market:

  • The emergence of COVID-19 pandemic has severely affected almost all industries across the globe. Further, lockdown enforcements and restrictions on movements of non-essential goods as well as resources in various countries has disrupted supply chain of electronic components & networking equipment. This, has led to delay in supply of electronic components required in manufacturing of the network equipment.
  • Companies have continued to expand cloud services and application development service during the pandemic.  Before the pandemic took hold, various organizations were providing manual release of applications to customers.
  • New learnings among companies with respect to work-from-home (WFH) and data accessibility during the lockdown period has resulted in increasing enquiries for space and services at data centers and this trend is expected to create opportunities in for the market during the forecast period.
  • There is an increase in use of automation and even after situation returns to ‘normal’, the work style will continue to be data center-driven, with demand growth for higher penetration of e-commerce, digital payments, and widespread deployment of Big Data, apart from policy level push for automation.

Top impacting factors: Market Scenario Analysis, Trends, Drivers, and Impact Analysis

Numerous factorssuch as increased demand for the growth of various regulatory compliance, increased focus on the shield organizations from network security breaches, 24*7 data encryption security, safeguards of connected devices and high integrity of data, high demand for deploying network encryption solutions are some of the key factors for the growth of this market. In addition to this, growing demand for the security of sensitive data transmission, rapid digitalization is also the factor that can increase the growth of the market. Furthermore, the rise in the demand for adoption of cloud technology and technological advancement such as the Internet of Things in multiple software and hardware applications are expected to create significant opportunities for the market.

Rise in adoption of network encryption in information security:

Information security is one of the most important considerations when working on the Internet, irrespective of the size of the organization. Stable network encryption helps the organization to secure the client data; it also helps the business to reduce the risk of data theft and sabotage.  In addition to this, network encryption also helps to protect the workstation from harmful spyware. Also, the network encryption also ensures that the regular share data is kept secure by offering several levels of protection to prevent cyber-attacks.  The network encryption secures the data by breaking down the information into multiple parts which will then be encrypted and transmit through various independent paths thus saving the data from eavesdropping.

Adoption of cloud computing among various industrial verticals:

With the rise of the adoption of cloud technologies and virtualized network, this technology may bring additional security challenges in order to protect the sensitive data which runs across these networks because of the cloud adoption and virtualized architecture.

Key Segments covered:

Segments

Subsegments

ComponentType

  • Hardware
  • Platform
  • Services

Transmission Medium Type

  • Traditional Transmission
  • Optical Transmission

Data rate

  • <10g,
  • 10g<40g
  •  40g<100g
  • 100g<

Deployment Type

  • On –premise
  • Cloud

Organizational Size

  • Small & Medium Enterprise
  • Large Enterprise

Industry Vertical

  • IT & Telecom
  • BFSI
  • Media& Entertainment
  • Government & Defense
  • Others

 

Key benefits of the report:

  1. This study presents the analytical depiction of the global network encryption marketalong with the current trends and future estimations to determine the imminent investment pockets.
  2. The report presents information related to key drivers, restraints, and opportunities along with detailed analysis ofglobal network encryption market share.
  3. The current market is quantitatively analyzed from 2019 to 2027 to highlight the global network encryption marketgrowth scenario.
  4. Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  5. The report provides detailednetwork encryption market analysis based on competitive intensity and how the competition will take shape in coming years.
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

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With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
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Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
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Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
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Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
 
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