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Encryption Software Market by Component (Software and Services), Deployment Model (On-Premise and Cloud), Organization Size (Large Enterprises and Small & Medium Enterprises), Function (Disk Encryption, Communication Encryption, File/Folder Encryption and Cloud Encryption), and Industry Vertical (BFSI, IT/Telecom, Government & Public, Retail, Healthcare, Aerospace & Defense, Media & Entertainment and Others): Global Opportunity Analysis and Industry Forecast, 2020–2027

A00941
Pages: 249
Apr 2020 | 11021 Views
 
Author(s) : Pramod Borasi
Tables: 71
Charts: 42
 

COVID-19

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Encryption Software Market Insights - 2027

The global encryption software market size was valued at $6.82 billion in 2019, and is projected to reach $22.74billion by 2027, growing at a CAGR of 16.3% from 2020 to 2027.Encryption software is an application  used by organizations to protect their data while sending the data from one remote location to another. The key objective of the encryption software is to enhance the security of the data from unauthorized users. In addition, an increasing number of organizations worldwide are adopting encryption to address their growing concerns of data safety and data privacy compliance regulations. 

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Surge in complexity and data breaches and increased compliance regulation among the organizations drives the growth of the market. In addition, surge in adoption of bring your own device (BYOD) and increased mobility fuels the growth of the market. However, lack of awareness about encryption software and limited use of encrypted device in some countries hampers the growth of the market. Furthermore, rise in demand for cloud-based encryption software is expected to provide lucrative opportunities for the growth of the encryption software market.

The disk encryption segment is expected to garner a significant share during the forecast period. Encrypted disks are safe as even if they get stolen or misplaced, the access to their contents remains limited to authorized users, which drives the growth of the market in this segment. However, the cloud encryption segment is expected to grow at the highest rate during the forecast period, owing to the adoption of cloud encryption by various industries such as BFSI, IT/telecom and retail. Thus, drives the growth of the encryption software market in this segment. 

Encryption Software Market
By Component

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Software is projected as one of the most lucrative segments.

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The report focuses on the growth prospects, restraints, and trends of the encryption software market. The study provides Porter’s five forces analysis to understand the impact of various factors such as bargaining power of suppliers, competitive intensity of competitors, threat of new entrants, threat of substitutes, and bargaining power of buyers on the global market.

Encryption Software Market
By Function

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On-Premise is projected as one of the most lucrative segments.

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Segment review

The global encryption software market is segmented on the basis of component, deployment model, enterprise size, function, industry vertical and region. In terms of component, it is bifurcated into software and service. Based on deployment model, the market is segmented into on-premise and cloud. By organization size, it is divided into large enterprises and small-and medium-sized enterprises (SME’s). In terms of function, the market is classified into disk encryption, communication encryption, file/folder encryption and cloud encryption. As per industry vertical, it is divided into BFSI, IT/telecom, government & public, retail, healthcare, aerospace & defense, media & entertainment and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Encryption Software Market
By Deployment Model

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On-Premise is projected as one of the most lucrative segments.

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ss The key players profiled in the encryption software market analysis are Amazon Web Services, Inc. (AWS), Check Point Software Technologies, Cisco System, Inc., F-Secure, Fortinet, Inc., IBM Corporation, Microsoft Corporation, Oracle Corporation, Palo Alto Networks, Inc. and Trend Micro Incorporated.

Encryption Software Market
By Organization Size

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Large Enterprises is projected as one of the most lucrative segments.

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Top impacting factors

Increased compliance regulations

The increasing government as well as state regulations on data privacy and compliance requires the enterprises to tighten their data security measures. With the growing number of stringent regulations, organizations are adopting various data security technology to ensure that sensitive data of the customers as well as employees is protected at all times. Furthermore, while developed geographies such as North America and Europe already have federal level regulations requiring mandatory compliance with data privacy laws, developing geographies such as Asia-Pacific and LAMEA, are enacting and implementing more concrete data protection legislations. For instance, some of the prominent data breach notification laws in the U.S. include Health Insurance Portability and Accountability (HIPAA), Health Information Technology for Economic and Clinical Health Act (HITECH). Similarly, the EU Data Protection Directive lays down the framework and the guidelines for data privacy and protection. Thus, it drives the growth of the encryption
software market.

Encryption Software Market
By Industry Vertical

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BFSI is projected as one of the most lucrative segments.

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Growing number of complexity and data breaches

The number of data breaches has been growing at a constant pace. The breaches have not just increased in number but also in complexity. There is no such industry or country which has not reported an increase in the number of data breaches year over year. As per the estimates, the number of global data breaches rose by more than 22% in 2017 over the previous year.

It’s not just the number that is driving the adoption of encryption software but also the increased complexity of the threats which require organizations to deploy more comprehensive, secure and reliable security technologies. Thus, to safeguard the sensitive data from the increased sophistication and complexity of the attacks, organizations are increasingly adopting encryption software.

Encryption Software Market
By Region

2027
North America 
Europe
Asia-pacific
Lamea

Asia-Pacific would exhibit the highest CAGR of 18.2% during 2020-2027.

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Key Benefits for Stakeholders 

  • The study provides an in-depth analysis of the global encryption software market forecast along with the current & future trends to elucidate the imminent investment pockets.

  • Information about key drivers, restraints, and opportunities and their impact analysis on the global encryption software market size is provided in the report.

  • Porter’s five forces analysis illustrates the potency of the buyers and suppliers operating in the industry.

  • The quantitative analysis of the market for the period 2020–2027is provided to determine the market potential.

Key Market Segments 
By Component

  • Software
  • Service

By Deployment Model

  • On-Premise
  • Cloud

By Organization Size

  • Large Enterprises
  • Small & Medium Enterprises

By Function

  • Disk Encryption
  • Communication Encryption
  • File/Folder Encryption 
  • Cloud Encryption

By Industry Vertical

  • BFSI
  • IT/Telecom
  • Government & Public
  • Retail
  • Healthcare
  • Aerospace & Defense
  • Media & Entertainment 
  • Others

By Region

  • North America
    • U.S.
    • Canada
  • Europe 
    • UK
    • Germany 
    • France
    • Italy
    • Rest of Europe
  • Asia-Pacific 
    • China
    • India
    • Japan
    • Singapore
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America 
    • Middle East
    • Africa

Key Market Players

  • Amazon Web Services Inc. (AWS)
  • Check Point Software Technologies
  • Cisco System Inc.
  • F-Secure
  • Fortinet Inc. 
  • IBM Corporation
  • Microsoft Corporation
  • Oracle Corporation
  • Palo Alto Networks Inc.
  • Trend Micro Incorporated
 

CHAPTER 1:  INTRODUCTION

1.1.REPORT DESCRIPTION
1.2.KEY MARKET SEGMENTS
1.3.KEY BENEFITS
1.4.RESEARCH METHODOLOGY

1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models

CHAPTER 2:  EXECUTIVE SUMMARY

2.1.CXO PERSPECTIVE

CHAPTER 3:  MARKET LANDSCAPE

3.1.MARKET DEFINITION AND SCOPE
3.2.KEY FINDINGS

3.2.1.Top investment pockets
3.2.2.Top winning strategies

3.3.PORTER'S FIVE FORCES ANALYSIS

3.3.1.Bargaining power of suppliers
3.3.2.Threat of new entrants
3.3.3.Threat of substitutes
3.3.4.Competitive rivalry
3.3.5.Bargaining power among buyers

3.4.MARKET SHARE ANALYSIS/TOP PLAYER POSITIONING 2019
3.5.MARKET DYNAMICS

3.5.1.Drivers
3.5.2.Restraints
3.5.3.Opportunities

CHAPTER 4:  GLOBAL ENCRYPTION SOFTWARE MARKET BY COMPONENT 

4.1.OVERVIEW
4.2.SOFTWARE

4.2.1.Key market trends, growth factors and opportunities
4.2.2.Market size and forecast, by region 
4.2.3.Market share analysis, by country

4.3.SERVICE

4.3.1.Key market trends, growth factors and opportunities
4.3.2.Market size and forecast, by region 
4.3.3.Market share analysis, by country

CHAPTER 5:  GLOBAL ENCRYPTION SOFTWARE MARKET BY DEPLOYMENT MODE

5.1.OVERVIEW
5.2.ON-PREMISE

5.2.1.Key market trends, growth factors and opportunities
5.2.2.Market size and forecast, by region 
5.2.3.Market share analysis, by country

5.3.CLOUD

5.3.1.Key market trends, growth factors and opportunities
5.3.2.Market size and forecast, by region 
5.3.3.Market share analysis, by country

CHAPTER 6:  GLOBAL ENCRYPTION SOFTWARE MARKET BY ORGANIZATION SIZE

6.1.OVERVIEW
6.2.LARGE ENTERPRISES

6.2.1.Key market trends, growth factors and opportunities
6.2.2.Market size and forecast, by region 
6.2.3.Market share analysis, by country

6.3.SMALL AND MEDIUM ENTERPRISES SMES

6.3.1.Key market trends, growth factors and opportunities
6.3.2.Market size and forecast, by region 
6.3.3.Market share analysis, by country

CHAPTER 7:  GLOBAL ENCRYPTION SOFTWARE MARKET BY FUNCTION

7.1.OVERVIEW
7.2.DISK ENCRYPTION

7.2.1.Key market trends, growth factors and opportunities
7.2.2.Market size and forecast, by region 
7.2.3.Market share analysis, by country

7.3.COMMUNICATION ENCRYPTION

7.3.1.Key market trends, growth factors and opportunities
7.3.2.Market size and forecast, by region 
7.3.3.Market share analysis, by country

7.4.FILE OR FOLDER ENCRYPTION

7.4.1.Key market trends, growth factors and opportunities
7.4.2.Market size and forecast, by region 
7.4.3.Market share analysis, by country

7.5.CLOUD ENCRYPTION

7.5.1.Key market trends, growth factors and opportunities
7.5.2.Market size and forecast, by region 
7.5.3.Market share analysis, by country

CHAPTER 8:  GLOBAL ENCRYPTION SOFTWARE MARKET BY INDUSTRY VERTICAL

8.1.OVERVIEW
8.2.BFSI

8.2.1.Key market trends, growth factors and opportunities
8.2.2.Market size and forecast, by region 
8.2.3.Market share analysis, by country

8.3.IT & TELECOM

8.3.1.Key market trends, growth factors and opportunities
8.3.2.Market size and forecast, by region 
8.3.3.Market share analysis, by country

8.4.GOVERNMENT & PUBLIC SECTOR

8.4.1.Key market trends, growth factors and opportunities
8.4.2.Market size and forecast, by region 
8.4.3.Market share analysis, by country

8.5.RETAIL

8.5.1.Key market trends, growth factors and opportunities
8.5.2.Market size and forecast, by region 
8.5.3.Market share analysis, by country

8.6.HEALTHCARE 

8.6.1.Key market trends, growth factors and opportunities
8.6.2.Market size and forecast, by region 
8.6.3.Market share analysis, by country

8.7.AEROSPACE & DEFENSE

8.7.1.Key market trends, growth factors and opportunities
8.7.2.Market size and forecast, by region 
8.7.3.Market share analysis, by country

8.8.MEDIA & ENTERTAINMENT

8.8.1.Key market trends, growth factors and opportunities
8.8.2.Market size and forecast, by region 
8.8.3.Market share analysis, by country

8.9.OTHERS

8.9.1.Key market trends, growth factors and opportunities
8.9.2.Market size and forecast, by region 
8.9.3.Market share analysis, by country

CHAPTER 9:  GLOBAL ENCRYPTION SOFTWARE MARKET BY REGION

9.1.OVERVIEW
9.2.NORTH AMERICA

9.2.1.Key market trends and opportunities
9.2.2.Market size and forecast, by component 
9.2.3.Market size and forecast, by deployment mode
9.2.4.Market size and forecast, by organization size
9.2.5.Market size and forecast, by function
9.2.6.Market size and forecast, by industry vertical
9.2.7.Market size and forecast, by Country
9.2.8.U.S.

9.2.8.1.Market size and forecast, by component 
9.2.8.2.Market size and forecast, by deployment mode
9.2.8.3.Market size and forecast, by organization size
9.2.8.4.Market size and forecast, by function
9.2.8.5.Market size and forecast, by industry vertical

9.2.9.Canada

9.2.9.1.Market size and forecast, by component 
9.2.9.2.Market size and forecast, by deployment mode
9.2.9.3.Market size and forecast, by organization size
9.2.9.4.Market size and forecast, by function
9.2.9.5.Market size and forecast, by industry vertical

9.3.EUROPE

9.3.1.Key market trends and opportunities
9.3.2.Market size and forecast, by component 
9.3.3.Market size and forecast, by deployment mode
9.3.4.Market size and forecast, by organization size
9.3.5.Market size and forecast, by function
9.3.6.Market size and forecast, by industry vertical
9.3.7.Market size and forecast, by Country
9.3.8.UK

9.3.8.1.Market size and forecast, by component 
9.3.8.2.Market size and forecast, by deployment mode
9.3.8.3.Market size and forecast, by organization size
9.3.8.4.Market size and forecast, by function
9.3.8.5.Market size and forecast, by industry vertical

9.3.9.Germany

9.3.9.1.Market size and forecast, by component 
9.3.9.2.Market size and forecast, by deployment mode
9.3.9.3.Market size and forecast, by organization size
9.3.9.4.Market size and forecast, by function
9.3.9.5.Market size and forecast, by industry vertical

9.3.10.France

9.3.10.1.Market size and forecast, by component 
9.3.10.2.Market size and forecast, by deployment mode
9.3.10.3.Market size and forecast, by organization size
9.3.10.4.Market size and forecast, by function
9.3.10.5.Market size and forecast, by industry vertical

9.3.11.Italy

9.3.11.1.Market size and forecast, by component 
9.3.11.2.Market size and forecast, by deployment mode
9.3.11.3.Market size and forecast, by organization size
9.3.11.4.Market size and forecast, by function
9.3.11.5.Market size and forecast, by industry vertical

9.3.12.Russia

9.3.12.1.Market size and forecast, by component 
9.3.12.2.Market size and forecast, by deployment mode
9.3.12.3.Market size and forecast, by organization size
9.3.12.4.Market size and forecast, by function
9.3.12.5.Market size and forecast, by industry vertical

9.3.13.Rest of Europe

9.3.13.1.Market size and forecast, by component 
9.3.13.2.Market size and forecast, by deployment mode
9.3.13.3.Market size and forecast, by organization size
9.3.13.4.Market size and forecast, by function
9.3.13.5.Market size and forecast, by industry vertical

9.4.ASIA-PACIFIC

9.4.1.Key market trends and opportunities
9.4.2.Market size and forecast, by component 
9.4.3.Market size and forecast, by deployment mode
9.4.4.Market size and forecast, by organization size
9.4.5.Market size and forecast, by function
9.4.6.Market size and forecast, by industry vertical
9.4.7.Market size and forecast, by Country
9.4.8.China

9.4.8.1.Market size and forecast, by component 
9.4.8.2.Market size and forecast, by deployment mode
9.4.8.3.Market size and forecast, by organization size
9.4.8.4.Market size and forecast, by function
9.4.8.5.Market size and forecast, by industry vertical

9.4.9.India

9.4.9.1.Market size and forecast, by component 
9.4.9.2.Market size and forecast, by deployment mode
9.4.9.3.Market size and forecast, by organization size
9.4.9.4.Market size and forecast, by function
9.4.9.5.Market size and forecast, by industry vertical

9.4.10.Japan

9.4.10.1.Market size and forecast, by component 
9.4.10.2.Market size and forecast, by deployment mode
9.4.10.3.Market size and forecast, by organization size
9.4.10.4.Market size and forecast, by function
9.4.10.5.Market size and forecast, by industry vertical

9.4.11.Australia

9.4.11.1.Market size and forecast, by component 
9.4.11.2.Market size and forecast, by deployment mode
9.4.11.3.Market size and forecast, by organization size
9.4.11.4.Market size and forecast, by function
9.4.11.5.Market size and forecast, by industry vertical

9.4.12.South Korea

9.4.12.1.Market size and forecast, by component 
9.4.12.2.Market size and forecast, by deployment mode
9.4.12.3.Market size and forecast, by organization size
9.4.12.4.Market size and forecast, by function
9.4.12.5.Market size and forecast, by industry vertical

9.4.13.Rest of Asia Pacific

9.4.13.1.Market size and forecast, by component 
9.4.13.2.Market size and forecast, by deployment mode
9.4.13.3.Market size and forecast, by organization size
9.4.13.4.Market size and forecast, by function
9.4.13.5.Market size and forecast, by industry vertical

9.5.LAMEA

9.5.1.Key market trends and opportunities
9.5.2.Market size and forecast, by component 
9.5.3.Market size and forecast, by deployment mode
9.5.4.Market size and forecast, by organization size
9.5.5.Market size and forecast, by function
9.5.6.Market size and forecast, by industry vertical
9.5.7.Market size and forecast, by Country
9.5.8.Latin America

9.5.8.1.Market size and forecast, by component 
9.5.8.2.Market size and forecast, by deployment mode
9.5.8.3.Market size and forecast, by organization size
9.5.8.4.Market size and forecast, by function
9.5.8.5.Market size and forecast, by industry vertical

9.5.9.Middle East

9.5.9.1.Market size and forecast, by component 
9.5.9.2.Market size and forecast, by deployment mode
9.5.9.3.Market size and forecast, by organization size
9.5.9.4.Market size and forecast, by function
9.5.9.5.Market size and forecast, by industry vertical

9.5.10.Africa

9.5.10.1.Market size and forecast, by component 
9.5.10.2.Market size and forecast, by deployment mode
9.5.10.3.Market size and forecast, by organization size
9.5.10.4.Market size and forecast, by function
9.5.10.5.Market size and forecast, by industry vertical

CHAPTER 10:  COMPANY PROFILES

10.1.AMAZON WEB SERVICES, INC (AWS)

10.1.1.Company overview
10.1.2.Key Executives
10.1.3.Company snapshot
10.1.4.Operating business segments
10.1.5.Product portfolio
10.1.6.Business performance
10.1.7.Key strategic moves and developments

10.2.CHECK POINT SOFTWARE TECHNOLOGIES

10.2.1.Company overview
10.2.2.Key Executives
10.2.3.Company snapshot
10.2.4.Operating business segments
10.2.5.Product portfolio
10.2.6.Business performance
10.2.7.Key strategic moves and developments

10.3.CISCO SYSTEM, INC

10.3.1.Company overview
10.3.2.Key Executives
10.3.3.Company snapshot
10.3.4.Operating business segments
10.3.5.Product portfolio
10.3.6.Business performance
10.3.7.Key strategic moves and developments

10.4.F SECURE

10.4.1.Company overview
10.4.2.Key Executives
10.4.3.Company snapshot
10.4.4.Operating business segments
10.4.5.Product portfolio
10.4.6.Business performance
10.4.7.Key strategic moves and developments

10.5.FORTINET, INC

10.5.1.Company overview
10.5.2.Key Executives
10.5.3.Company snapshot
10.5.4.Operating business segments
10.5.5.Product portfolio
10.5.6.Business performance
10.5.7.Key strategic moves and developments

10.6.IBM CORPORATION

10.6.1.Company overview
10.6.2.Key Executives
10.6.3.Company snapshot
10.6.4.Operating business segments
10.6.5.Product portfolio
10.6.6.Business performance
10.6.7.Key strategic moves and developments

10.7.MICROSOFT CORPORATION

10.7.1.Company overview
10.7.2.Key Executives
10.7.3.Company snapshot
10.7.4.Operating business segments
10.7.5.Product portfolio
10.7.6.Business performance
10.7.7.Key strategic moves and developments

10.8.ORACLE CORPORATION

10.8.1.Company overview
10.8.2.Key Executives
10.8.3.Company snapshot
10.8.4.Operating business segments
10.8.5.Product portfolio
10.8.6.Business performance
10.8.7.Key strategic moves and developments

10.9.PALO ALTO NETWORKS, INC

10.9.1.Company overview
10.9.2.Key Executives
10.9.3.Company snapshot
10.9.4.Operating business segments
10.9.5.Product portfolio
10.9.6.Business performance
10.9.7.Key strategic moves and developments

10.10.TREND MICRO INCORPORATED

10.10.1.Company overview
10.10.2.Key Executives
10.10.3.Company snapshot
10.10.4.Operating business segments
10.10.5.Product portfolio
10.10.6.Business performance
10.10.7.Key strategic moves and developments

LIST OF TABLES

TABLE 1.GLOBAL ENCRYPTION SOFTWARE MARKET, BY COMPONENT  2019-2027 ($MILLION)
TABLE 2.GLOBAL ENCRYPTION SOFTWARE MARKET FOR SOFTWARE, BY REGION, 2019-2027 ($MILLION)
TABLE 3.GLOBAL ENCRYPTION SOFTWARE MARKET FOR SERVICE, BY REGION, 2019-2027 ($MILLION)
TABLE 4.GLOBAL ENCRYPTION SOFTWARE MARKET, BY DEPLOYMENT MODE 2019-2027 ($MILLION)
TABLE 5.GLOBAL ENCRYPTION SOFTWARE MARKET FOR ON PREMISE, BY REGION, 2019-2027 ($MILLION)
TABLE 6.GLOBAL ENCRYPTION SOFTWARE MARKET FOR CLOUD, BY REGION, 2019-2027 ($MILLION)
TABLE 7.GLOBAL ENCRYPTION SOFTWARE MARKET, BY ORGANIZATION SIZE 2019-2027 ($MILLION)
TABLE 8.GLOBAL ENCRYPTION SOFTWARE MARKET FOR LARGE ENTERPRISES, BY REGION, 2019-2027 ($MILLION)
TABLE 9.GLOBAL ENCRYPTION SOFTWARE MARKET FOR SMALL AND MEDIUM ENTERPRISES SMES, BY REGION, 2019-2027 ($MILLION)
TABLE 10.GLOBAL ENCRYPTION SOFTWARE MARKETFOR , BY REGION, 2019-2027 ($MILLION)
TABLE 11.GLOBAL ENCRYPTION SOFTWARE MARKETFOR , BY REGION, 2019-2027 ($MILLION)
TABLE 12.GLOBAL ENCRYPTION SOFTWARE MARKET, BY FUNCTION 2019-2027 ($MILLION)
TABLE 13.GLOBAL ENCRYPTION SOFTWARE MARKET FOR DISK ENCRYPTION, BY REGION, 2019-2027 ($MILLION)
TABLE 14.GLOBAL ENCRYPTION SOFTWARE MARKET FOR COMMUNICATION ENCRYPTION, BY REGION, 2019-2027 ($MILLION)
TABLE 15.GLOBAL ENCRYPTION SOFTWARE MARKET FOR FILE OR FOLDER ENCRYPTION, BY REGION, 2019-2027 ($MILLION)
TABLE 16.GLOBAL ENCRYPTION SOFTWARE MARKET FOR CLOUD ENCRYPTION, BY REGION, 2019-2027 ($MILLION)
TABLE 17.GLOBAL ENCRYPTION SOFTWARE MARKETFOR , BY REGION, 2019-2027 ($MILLION)
TABLE 18.GLOBAL ENCRYPTION SOFTWARE MARKET, BY INDUSTRY VERTICAL 2019-2027 ($MILLION)
TABLE 19.GLOBAL ENCRYPTION SOFTWARE MARKET FOR BFSI, BY REGION, 2019-2027 ($MILLION)
TABLE 20.GLOBAL ENCRYPTION SOFTWARE MARKET FOR IT AND TELECOM, BY REGION, 2019-2027 ($MILLION)
TABLE 21.GLOBAL ENCRYPTION SOFTWARE MARKET FOR GOVERNMENT AND PUBLIC SECTOR, BY REGION, 2019-2027 ($MILLION)
TABLE 22.GLOBAL ENCRYPTION SOFTWARE MARKET FOR RETAIL, BY REGION, 2019-2027 ($MILLION)
TABLE 23.GLOBAL ENCRYPTION SOFTWARE MARKET FOR HEALTHCARE , BY REGION, 2019-2027 ($MILLION)
TABLE 24.GLOBAL ENCRYPTION SOFTWARE MARKET FOR AEROSPACE AND DEFENSE, BY REGION, 2019-2027 ($MILLION)
TABLE 25.GLOBAL ENCRYPTION SOFTWARE MARKET FOR MEDIA AND ENTERTAINMENT, BY REGION, 2019-2027 ($MILLION)
TABLE 26.GLOBAL ENCRYPTION SOFTWARE MARKET FOR OTHERS, BY REGION, 2019-2027 ($MILLION)
TABLE 27.GLOBAL ENCRYPTION SOFTWARE MARKETFOR , BY REGION, , 2019-2027 ($MILLION)
TABLE 28.NORTH AMERICA GLOBAL ENCRYPTION SOFTWARE MARKET, BY COMPONENT  2019-2027 ($MILLION)
TABLE 29.NORTH AMERICA GLOBAL ENCRYPTION SOFTWARE MARKET, BY DEPLOYMENT MODE 2019-2027 ($MILLION)
TABLE 30.NORTH AMERICA GLOBAL ENCRYPTION SOFTWARE MARKET, BY ORGANIZATION SIZE 2019-2027 ($MILLION)
TABLE 31.NORTH AMERICA GLOBAL ENCRYPTION SOFTWARE MARKET, BY FUNCTION 2019-2027 ($MILLION)
TABLE 32.NORTH AMERICA GLOBAL ENCRYPTION SOFTWARE MARKET, BY INDUSTRY VERTICAL 2019-2027 ($MILLION)
TABLE 33.NORTH AMERICA GLOBAL ENCRYPTION SOFTWARE MARKET, BY REGION, 2019-2027 ($MILLION)
TABLE 34.EUROPE GLOBAL ENCRYPTION SOFTWARE MARKET, BY COMPONENT  2019-2027 ($MILLION)
TABLE 35.EUROPE GLOBAL ENCRYPTION SOFTWARE MARKET, BY DEPLOYMENT MODE 2019-2027 ($MILLION)
TABLE 36.EUROPE GLOBAL ENCRYPTION SOFTWARE MARKET, BY ORGANIZATION SIZE 2019-2027 ($MILLION)
TABLE 37.EUROPE GLOBAL ENCRYPTION SOFTWARE MARKET, BY FUNCTION 2019-2027 ($MILLION)
TABLE 38.EUROPE GLOBAL ENCRYPTION SOFTWARE MARKET, BY INDUSTRY VERTICAL 2019-2027 ($MILLION)
TABLE 39.EUROPE GLOBAL ENCRYPTION SOFTWARE MARKET, BY REGION, 2019-2027 ($MILLION)
TABLE 40.ASIA-PACIFIC GLOBAL ENCRYPTION SOFTWARE MARKET, BY COMPONENT  2019-2027 ($MILLION)
TABLE 41.ASIA-PACIFIC GLOBAL ENCRYPTION SOFTWARE MARKET, BY DEPLOYMENT MODE 2019-2027 ($MILLION)
TABLE 42.ASIA-PACIFIC GLOBAL ENCRYPTION SOFTWARE MARKET, BY ORGANIZATION SIZE 2019-2027 ($MILLION)
TABLE 43.ASIA-PACIFIC GLOBAL ENCRYPTION SOFTWARE MARKET, BY FUNCTION 2019-2027 ($MILLION)
TABLE 44.ASIA-PACIFIC GLOBAL ENCRYPTION SOFTWARE MARKET, BY INDUSTRY VERTICAL 2019-2027 ($MILLION)
TABLE 45.ASIA-PACIFIC GLOBAL ENCRYPTION SOFTWARE MARKET, BY REGION, 2019-2027 ($MILLION)
TABLE 46.LAMEA GLOBAL ENCRYPTION SOFTWARE MARKET, BY COMPONENT  2019-2027 ($MILLION)
TABLE 47.LAMEA GLOBAL ENCRYPTION SOFTWARE MARKET, BY DEPLOYMENT MODE 2019-2027 ($MILLION)
TABLE 48.LAMEA GLOBAL ENCRYPTION SOFTWARE MARKET, BY ORGANIZATION SIZE 2019-2027 ($MILLION)
TABLE 49.LAMEA GLOBAL ENCRYPTION SOFTWARE MARKET, BY FUNCTION 2019-2027 ($MILLION)
TABLE 50.LAMEA GLOBAL ENCRYPTION SOFTWARE MARKET, BY INDUSTRY VERTICAL 2019-2027 ($MILLION)
TABLE 51.LAMEA GLOBAL ENCRYPTION SOFTWARE MARKET, BY REGION, 2019-2027 ($MILLION)
TABLE 52.AMAZON WEB SERVICES, INC (AWS): COMPANY SNAPSHOT
TABLE 53.AMAZON WEB SERVICES, INC (AWS): OPERATING SEGMENTS
TABLE 54.CHECK POINT SOFTWARE TECHNOLOGIES: COMPANY SNAPSHOT
TABLE 55.CHECK POINT SOFTWARE TECHNOLOGIES: OPERATING SEGMENTS
TABLE 56.CISCO SYSTEM, INC: COMPANY SNAPSHOT
TABLE 57.CISCO SYSTEM, INC: OPERATING SEGMENTS
TABLE 58.F SECURE: COMPANY SNAPSHOT
TABLE 59.F SECURE: OPERATING SEGMENTS
TABLE 60.FORTINET, INC: COMPANY SNAPSHOT
TABLE 61.FORTINET, INC: OPERATING SEGMENTS
TABLE 62.IBM CORPORATION: COMPANY SNAPSHOT
TABLE 63.IBM CORPORATION: OPERATING SEGMENTS
TABLE 64.MICROSOFT CORPORATION: COMPANY SNAPSHOT
TABLE 65.MICROSOFT CORPORATION: OPERATING SEGMENTS
TABLE 66.ORACLE CORPORATION: COMPANY SNAPSHOT
TABLE 67.ORACLE CORPORATION: OPERATING SEGMENTS
TABLE 68.PALO ALTO NETWORKS, INC: COMPANY SNAPSHOT
TABLE 69.PALO ALTO NETWORKS, INC: OPERATING SEGMENTS
TABLE 70.TREND MICRO INCORPORATED: COMPANY SNAPSHOT
TABLE 71.TREND MICRO INCORPORATED: OPERATING SEGMENTS

LIST OF FIGURES

FIGURE 1.GLOBAL ENCRYPTION SOFTWARE MARKET SEGMENTATION
FIGURE 2.TOP INVESTMENT POCKET
FIGURE 3.TOP WINNING STRATEGIES (%)
FIGURE 4.GLOBAL ENCRYPTION SOFTWARE MARKET FOR SOFTWARE, 2019-2027 ($MILLION)
FIGURE 5.GLOBAL ENCRYPTION SOFTWARE MARKET FOR SERVICE, 2019-2027 ($MILLION)
FIGURE 6.GLOBAL ENCRYPTION SOFTWARE MARKET FOR ON PREMISE, 2019-2027 ($MILLION)
FIGURE 7.GLOBAL ENCRYPTION SOFTWARE MARKET FOR CLOUD, 2019-2027 ($MILLION)
FIGURE 8.GLOBAL ENCRYPTION SOFTWARE MARKET FOR LARGE ENTERPRISES, 2019-2027 ($MILLION)
FIGURE 9.GLOBAL ENCRYPTION SOFTWARE MARKET FOR SMALL AND MEDIUM ENTERPRISES SMES, 2019-2027 ($MILLION)
FIGURE 10.GLOBAL ENCRYPTION SOFTWARE MARKETFOR , 2019-2027 ($MILLION)
FIGURE 11.GLOBAL ENCRYPTION SOFTWARE MARKETFOR , 2019-2027 ($MILLION)
FIGURE 12.GLOBAL ENCRYPTION SOFTWARE MARKET FOR DISK ENCRYPTION, 2019-2027 ($MILLION)
FIGURE 13.GLOBAL ENCRYPTION SOFTWARE MARKET FOR COMMUNICATION ENCRYPTION, 2019-2027 ($MILLION)
FIGURE 14.GLOBAL ENCRYPTION SOFTWARE MARKET FOR FILE OR FOLDER ENCRYPTION, 2019-2027 ($MILLION)
FIGURE 15.GLOBAL ENCRYPTION SOFTWARE MARKET FOR CLOUD ENCRYPTION, 2019-2027 ($MILLION)
FIGURE 16.GLOBAL ENCRYPTION SOFTWARE MARKETFOR , 2019-2027 ($MILLION)
FIGURE 17.GLOBAL ENCRYPTION SOFTWARE MARKET FOR BFSI, 2019-2027 ($MILLION)
FIGURE 18.GLOBAL ENCRYPTION SOFTWARE MARKET FOR IT AND TELECOM, 2019-2027 ($MILLION)
FIGURE 19.GLOBAL ENCRYPTION SOFTWARE MARKET FOR GOVERNMENT AND PUBLIC SECTOR, 2019-2027 ($MILLION)
FIGURE 20.GLOBAL ENCRYPTION SOFTWARE MARKET FOR RETAIL, 2019-2027 ($MILLION)
FIGURE 21.GLOBAL ENCRYPTION SOFTWARE MARKET FOR HEALTHCARE , 2019-2027 ($MILLION)
FIGURE 22.GLOBAL ENCRYPTION SOFTWARE MARKET FOR AEROSPACE AND DEFENSE, 2019-2027 ($MILLION)
FIGURE 23.GLOBAL ENCRYPTION SOFTWARE MARKET FOR MEDIA AND ENTERTAINMENT, 2019-2027 ($MILLION)
FIGURE 24.GLOBAL ENCRYPTION SOFTWARE MARKET FOR OTHERS, 2019-2027 ($MILLION)
FIGURE 25.GLOBAL ENCRYPTION SOFTWARE MARKET, BY REGION, 2019 (%)
FIGURE 26.US GLOBAL ENCRYPTION SOFTWARE MARKET, 2019-2027 ($MILLION)
FIGURE 27.CANADA GLOBAL ENCRYPTION SOFTWARE MARKET, 2019-2027 ($MILLION)
FIGURE 28.UK GLOBAL ENCRYPTION SOFTWARE MARKET, 2019-2027 ($MILLION)
FIGURE 29.GERMANY GLOBAL ENCRYPTION SOFTWARE MARKET, 2019-2027 ($MILLION)
FIGURE 30.FRANCE GLOBAL ENCRYPTION SOFTWARE MARKET, 2019-2027 ($MILLION)
FIGURE 31.ITALY GLOBAL ENCRYPTION SOFTWARE MARKET, 2019-2027 ($MILLION)
FIGURE 32.RUSSIA GLOBAL ENCRYPTION SOFTWARE MARKET, 2019-2027 ($MILLION)
FIGURE 33.REST OF EUROPE GLOBAL ENCRYPTION SOFTWARE MARKET, 2019-2027 ($MILLION)
FIGURE 34.CHINA GLOBAL ENCRYPTION SOFTWARE MARKET, 2019-2027 ($MILLION)
FIGURE 35.INDIA GLOBAL ENCRYPTION SOFTWARE MARKET, 2019-2027 ($MILLION)
FIGURE 36.JAPAN GLOBAL ENCRYPTION SOFTWARE MARKET, 2019-2027 ($MILLION)
FIGURE 37.AUSTRALIA GLOBAL ENCRYPTION SOFTWARE MARKET, 2019-2027 ($MILLION)
FIGURE 38.SOUTH KOREA GLOBAL ENCRYPTION SOFTWARE MARKET, 2019-2027 ($MILLION)
FIGURE 39.REST OF ASIA PACIFIC GLOBAL ENCRYPTION SOFTWARE MARKET, 2019-2027 ($MILLION)
FIGURE 40.LATIN AMERICA GLOBAL ENCRYPTION SOFTWARE MARKET, 2019-2027 ($MILLION)
FIGURE 41.MIDDLE EAST GLOBAL ENCRYPTION SOFTWARE MARKET, 2019-2027 ($MILLION)
FIGURE 42.AFRICA GLOBAL ENCRYPTION SOFTWARE MARKET, 2019-2027 ($MILLION)

 
 

The adoption of encryption softwaresolution has increased over time due to rising adoption of cloud and virtualization in the IT industry and evolving supportive government regulations across the globe. In addition, the ability of software to protect the confidentiality of digital data stored on computer systems or transmitted over the internetis increasing its popularity among the end users. Furthermore, many small and medium size enterprises are adopting cloud-based encryption softwareto ensure that organization data is not accessed by any unauthorized user.

According to CXOs of leading companies, increase in economic strength of developing nations such as China and India, is expected to provide lucrative opportunities for the market growth. North America is expected to dominate the market during the forecast period. Moreover, emerging countries in Asia-Pacific and Latin America are projected to offer significant growth opportunities during the forecast period. The global players are focusing toward product development and increasing their geographical presence, owing to growth incompetition among local vendors, in terms of features, quality, and price. In addition, these players are adopting various business strategies to enhance their product offerings and strengthen their foothold in the market. For instance, in May 2018, IBM Corporation collaborated with Cisco System Inc. to integrate its security suite into Cisco’s security products for faster as well as more accurate threat detection and response. The collaboration is expected to improve product interaction, better service integration, and enhanced threat intelligence.
 

 

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