(MENAFNEditorial) iCrowdNewswire - Aug 17, 2018
New Market Research Reports Title " Encryption Software Market 2018″ Has Been Added to Crystal Market Research Report database.
Encryption Software - Competitive Insights:
The leading players in the market areSophos, Microsoft, Check Point Software Technologies, Dell EMC, McAfee, Bloombase, IBM, Symantec Software Solutions Private Limited and Cisco Systems.These players offer data protection solutions for the Small and Medium Businesses (SBMs) and enterprises. Moreover, the organizations additionally center on the improvement of imaginative strategies identified with the propelled cryptography to give strong information security.
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Encryption Software -Industry Outlook and Trend Analysis:
The Encryption Software Market was worth USD 1.94 billion in 2014 and is expected to reach approximately USD 17.13 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 27.39%during the forecast period. Currently, encryption programming is used in a variety of settings including retail, defence, retail, education, enterprises, and industrial automation. Software enterprises over the globe are quickly adopting encryption software to enhance information security and upgrade business capability. Brand reputation, regulatory compliance, and data privacy concerns are anticipated to be the power factors actuating associations to exploit encryption software solutions.
Encryption Software -Deployment Outlook and Trend Analysis:
The on-premise section rose as a predominant organization fragment, representing over 60.0% of the general income in 2015. Nonetheless, the cloud-based portion is anticipated to develop significantly over the conjecture time frame. This can be ascribed to the continuous opening up of the market for next-generation apparatuses to plug information spills against a setting of mega trends including virtualization, Internet of Things (IoT), and consumerization of big business IT.
Encryption Software -Application Outlook and Trend Analysis:
The cloud solutions portion is anticipated to witness development at a significant CAGR in the following years. Data storage is one of the significant assets for a few businesses including retail, banking & financial, and others to move to the cloud. This is attributable to the adaptability it offers as far as versatility and usage approach. Nonetheless, the adoption of cloud calls for the protection of crucial data.
The Encryption Software Market is segmented as follows-
Encryption Software -By Deployment:
Cloud-based
On-premise
Encryption Software -By Application:
File/Folder Encryption
Web Communication Encryption
Cloud Encryption
Disk Encryption
Database Encryption
Network Traffic Encryption
Others
Encryption Software -By End User:
Healthcare
Government & Public Administration
Defense & Aerospace
Manufacturing
BFSI
Retail
Telecom
Education
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Encryption Software -End User Outlook and Trend Analysis:
The BFSI portion represented a sizeable share of the market in 2015 and is foreseen to witness development at a significant CAGR over the forecast period. Banks generally use strategies including email, DVDs, and others for transferring data, which represent a high danger of information breach, thereby boosting the development openings in the business.
Encryption Software -By Region:
North America- U.S, Canada, Mexico
Europe -Germany, France, UK, Italy, Spain, Rest of Europe
Asia-Pacific -Japan, China, Australia, India, South Korea, Rest of Asia Pacific
Rest of the World- Brazil, South Africa, Saudi Arabia, United Arab Emirates, Others
Encryption Software -Regional Outlook and Trend Analysis:
Asia Pacific represented over USD 500.0 million in 2015, which is evaluated to increment over the conjecture years attributed to the absence of storage infrastructure urging the associations to store information on the cloud. This raises the danger of information data thefts and loss, heightening the market request. Moreover, the developing entrance of BYOD, IoT and cloud services has induced the business demand.
Encryption Software -Table of Contents:
Introduction Executive Summary Market Overview Market Analysis by Regions Encryption Software Market, By Application Encryption Software Market, By Deployment Encryption Software Market, By End User Encryption Software Market, By Region Company Profiles Global Encryption Software Market Competition, by Manufacturer Encryption Software Market Forecast (2018-2023) Research Methodology Encryption Software -List of Tables:
Figure United States Encryption Software Revenue (Million USD) and Growth Rate (2014-2023)
Figure Canada Encryption Software Revenue (Million USD) and Growth Rate (2014-2023)
Figure Mexico Encryption Software Revenue (Million USD) and Growth Rate (2014-2023)
Figure Germany Encryption Software Revenue (Million USD) and Growth Rate (2014-2023)
Figure France Encryption Software Revenue (Million USD) and Growth Rate (2014-2023)
Figure UK Encryption Software Revenue (Million USD) and Growth Rate (2014-2023)
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What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends.
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Encryption Software market based on product and application. It also provides market size and forecast till 2023 for overall Encryption Software market with respect to five major regions, namely; North America, Europe, Asia-Pacific, Rest of the World, which is later sub-segmented by respective countries and segments. The report evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend and provides exhaustive PEST analysis for all five regions.
Also, key Encryption Software market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products and services offered.
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About Crystal Market Research:
Crystal Market Researchis a U.S. based market research and business intelligence company. Crystal offers one stop solution for market research, business intelligence, and consulting services to help clients make more informed decisions. It provides both syndicated as well as customised research studies for its customers spread across the globe. The company offers market intelligence reports across a broad range of industries including healthcare, chemicals & materials, technology, automotive, and energy.
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