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Global Encryption Software Market: By Component: Software, Services; By Deployment Method: On-Premise, Cloud-Based; By Application: Disk Encryption, File/Folder Encryption, Database Encryption, Others; By End Use; Regional Analysis; Historical Market and Forecast (2016-2026); Competitive Landscape; Industry Events and Developments

Global Encryption Software Market Outlook

The global encryption software market size will rise from USD 8.3 billion in 2020 to USD 19.2 billion by 2026, growing at a CAGR of 15.05% in the 2021-2026 forecast period.

 

The major encryption software market growth drivers include concentrating on adhering to strict regulatory standards, compliance with data privacy, the growing questions about critical data leakage, and rapid cloud and digital adoption.

 

Global Encryption Software Market Report and Forecast 2021-2026

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Properties and Applications

Encryption software is a form of security program that allows a data stream to be encrypted and decrypted at rest or in transit. It allows data object, file, network packet, or application content to be encrypted so that it is secure and unseen by unauthorized users.

The encryption software market can be segmented into components, deployment methods, applications, and end-use.

The industry can be broadly categorised based on its component into:

  • Software
  • Services

The industry can be divided on the basis of its deployment method as:

  • On-Premise
  • Cloud-Based

Based on application, the encryption software market can be divided into:

  • Disk Encryption
  • File/Folder Encryption
  • Database Encryption
  • Web Communication Encryption
  • Network Traffic Encryption
  • Cloud Encryption
  • Others

The industry can be divided based on its end-use as:

  • Banking, Financial Services, and Insurance 
  • Aerospace and Defence 
  • Healthcare 
  • Government and Public Administration 
  • Retail 
  • Others

The EMR report looks into the regional encryption software markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.

 

Market Analysis

Mobile technology advancements in hardware and software, market distribution, and mobile penetration are expected to accelerate the need for encryption software by 2026. The increasing penetration of mobile devices across organizations has increased the risk of data loss between businesses, making it imperative to execute encryption software for secure data transmission. Moreover, as companies are moving rapidly into cloud computing, the need to safeguard sensitive data is growing, resulting in increased technology deployment. The encryption software helps companies to secure their intellectual property and other sensitive data that are expected to increase their demand over the forecast period.

 

Competitive Landscape

The report presents a detailed analysis of the following key players in the global encryption software market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • International Business Machines Corporation (NYSE: IBM)
  • Microsoft Corporation 
  • Symantec Corporation 
  • Thales eSecurity, Inc.
  • Trend Micro Incorporated 
  • Sophos Group plc 
  • Micro Focus International plc 
  • Cisco Systems, Inc. 
  • Intel Corporation 
  • Others

The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

 

Key Questions Answered in the Market Report

  • How has the global encryption software market performed in the previous years (2016-2020)?
  • What is the forecast assessment of the encryption software market for 2021-2026?
  • What are the major drivers of the historical (2016-2020) and forecast (2021-2026) periods?
  • What are the major constraints of the historical (2016-2020) and forecast (2021-2026) periods?
  • What are the major demand indicators of the global industry?
  • What is the degree of competition in the global encryption software market?
  • What are the major events and developments taking place within the global industry?

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
    1.1    Objectives of the Study
        1.1.1    Research Objective
        1.1.2    Key Findings of the Report
2    Research Methodology
    2.1    Data Extraction
    2.2    Data Corroboration
    2.3    Market Structure
    2.4    Assumptions
    2.5    Market Models
3    Introduction
    3.1    Market Outlook
    3.2    Market Scope and Segmentation
    3.3    Additional Insights
4    Executive Summary
    4.1    Key Market Developments
    4.2    Market Analysis
    4.3    Key Players
    4.4    Market Revenue and Growth
5    Market Dynamics
    5.1    Market Driver Analysis
    5.2    Market Restraint Analysis
    5.3    Industry Challenges
    5.4    Industry Opportunities
6    Global Encryption Software Market Analysis
    6.1    Global Encryption Software Historical Market (2016-2020) & Forecast (2021-2026)
    6.2    Global Encryption Software Market Breakup by Component
        6.2.1    Software
        6.2.2    Services
    6.3    Global Encryption Software Market Breakup by Component: Historical Market (2016-2020) & Forecast (2021-2026)
        6.3.1    Software
        6.3.2    Services
    6.4    Global Encryption Software Market Breakup by Deployment Method
        6.4.1    On-Premise
        6.4.2    Cloud-Based
    6.5    Global Encryption Software Market Breakup by Deployment Method: Historical Market (2016-2020) & Forecast (2021-2026)
        6.5.1    On-Premise
        6.5.2    Cloud-Based
    6.6    Global Encryption Software Market Breakup by Application
        6.6.1    Disk Encryption
        6.6.2    File/Folder Encryption
        6.6.3    Database Encryption
        6.6.4    Web Communication Encryption
        6.6.5    Network Traffic Encryption
        6.6.6    Cloud Encryption
        6.6.7    Others
    6.7    Global Encryption Software Market Breakup by Application: Historical Market (2016-2020) & Forecast (2021-2026)
        6.7.1    Disk Encryption
        6.7.2    File/Folder Encryption
        6.7.3    Database Encryption
        6.7.4    Web Communication Encryption
        6.7.5    Network Traffic Encryption
        6.7.6    Cloud Encryption
    6.8    Global Encryption Software Market Breakup by End Use
        6.8.1    Banking, Financial Services, and Insurance 
        6.8.2    Aerospace and Defence
        6.8.3    Healthcare 
        6.8.4    Government and Public Administration 
        6.8.5    Retail 
        6.8.6    Others
    6.9    Global Encryption Software Market Breakup by End Use: Historical Market (2016-2020) & Forecast (2021-2026)
        6.9.1    Banking, Financial Services, and Insurance 
        6.9.2    Aerospace and Defence
        6.9.3    Healthcare 
        6.9.4    Government and Public Administration
        6.9.5    Retail
    6.10    Global Encryption Software Market Breakup by Region
        6.10.1    North America
            6.10.1.1    United States of America
            6.10.1.2    Canada
        6.10.2    Europe
            6.10.2.1    Germany
            6.10.2.2    United Kingdom
            6.10.2.3    France
            6.10.2.4    Italy
            6.10.2.5    Others
        6.10.3    Asia Pacific
            6.10.3.1    China
            6.10.3.2    Japan
            6.10.3.3    India
            6.10.3.4    ASEAN
            6.10.3.5    Others
        6.10.4    Latin America
            6.10.4.1    Brazil
            6.10.4.2    Argentina
            6.10.4.3    Mexico
            6.10.4.4    Others
        6.10.5    Middle East & Africa
            6.10.5.1    Saudi Arabia
            6.10.5.2    United Arab Emirates
            6.10.5.3    Nigeria
            6.10.5.4    South Africa
            6.10.5.5    Others
    6.11    Global Encryption Software Market Breakup by Region: Historical Market (2016-2020) & Forecast (2021-2026 
        6.11.1    North America
            6.11.1.1    United States of America
            6.11.1.2    Canada
        6.11.2    Europe
            6.11.2.1    Germany
            6.11.2.2    United Kingdom
            6.11.2.3    France
            6.11.2.4    Italy
            6.11.2.5    Others
        6.11.3    Asia Pacific
            6.11.3.1    China
            6.11.3.2    Japan
            6.11.3.3    India
            6.11.3.4    ASEAN
            6.11.3.5    Others
        6.11.4    Latin America
            6.11.4.1    Brazil
            6.11.4.2    Argentina
            6.11.4.3    Mexico
            6.11.4.4    Others
        6.11.5    Middle East & Africa
            6.11.5.1    Saudi Arabia
            6.11.5.2    United Arab Emirates
            6.11.5.3    Nigeria
            6.11.5.4    South Africa
            6.11.5.5    Others
    6.12    SWOT Analysis
        6.12.1    Overview
        6.12.2    Strengths
        6.12.3    Weaknesses
        6.12.4    Opportunities
        6.12.5    Threats
7    Porter’s Five Forces Analysis
    7.1    Overview
    7.2    Buyer’s Power
    7.3    Supplier’s Power
    7.4    New Entrants
    7.5    Degree of Rivalry
    7.6    Substitutes
8    Competitive Landscape & Supplier Analysis
    8.1    International Business Machines Corporation (NYSE: IBM)
        8.1.1    Company Overview
        8.1.2    Financial Analysis
    8.2    Microsoft Corporation (NASDAQ: MSFT)
        8.2.1    Company Overview
        8.2.2    Financial Analysis
    8.3    Symantec Corporation (NASDAQ: SYMC)
        8.3.1    Company Overview
        8.3.2    Financial Analysis
    8.4    Thales eSecurity, Inc.
        8.4.1    Company Overview
        8.4.2    Financial Analysis
    8.5    Trend Micro Incorporated (TYO: 4704)
        8.5.1    Company Overview
        8.5.2    Financial Analysis
    8.6    Sophos Group plc (LON: SOPH)
        8.6.1    Company Overview
        8.6.2    Financial Analysis
    8.7    Micro Focus International plc (LSE: MCRO.L, NYSE: MFGP)
        8.7.1    Company Overview
        8.7.2    Financial Analysis
    8.8    Cisco Systems, Inc. (NASDAQ: CSCO)
        8.8.1    Company Overview
        8.8.2    Financial Analysis
    8.9    Intel Corporation (NASDAQ: INTC)
        8.9.1    Company Overview
        8.9.2    Financial Analysis
    8.10    Others
9    Industry Events and Developments

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