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The global encryption software market size will rise from USD 8.3 billion in 2019 to USD 19.2 billion by 2025, growing at a CAGR of 15.05% in the 2020-2025 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.
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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:
The industry can be divided on the basis of its deployment method as:
Based on application, the encryption software market can be divided into:
The industry can be divided based on its end-use as:
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.
Mobile technology advancements in hardware and software, market distribution, and mobile penetration are expected to accelerate the need for encryption software by 2025. 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.
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:
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:
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
2.5 Market Models
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 (2015-2019) & Forecast (2020-2025)
6.2 Global Encryption Software Market Breakup by Component
6.3 Global Encryption Software Market Breakup by Component: Historical Market (2015-2019) & Forecast (2020-2025)
6.4 Global Encryption Software Market Breakup by Deployment Method
6.5 Global Encryption Software Market Breakup by Deployment Method: Historical Market (2015-2019) & Forecast (2020-2025)
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
6.7 Global Encryption Software Market Breakup by Application: Historical Market (2015-2019) & Forecast (2020-2025)
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
6.8.4 Government and Public Administration
6.9 Global Encryption Software Market Breakup by End Use: Historical Market (2015-2019) & Forecast (2020-2025)
6.9.1 Banking, Financial Services, and Insurance
6.9.2 Aerospace and Defence
6.9.4 Government and Public Administration
6.10 Global Encryption Software Market Breakup by Region
6.10.1 North America
220.127.116.11 United States of America
18.104.22.168 United Kingdom
6.10.3 Asia Pacific
6.10.4 Latin America
6.10.5 Middle East & Africa
22.214.171.124 Saudi Arabia
126.96.36.199 United Arab Emirates
188.8.131.52 South Africa
6.11 Global Encryption Software Market Breakup by Region: Historical Market (2015-2019) & Forecast (2020-2025
6.11.1 North America
184.108.40.206 United States of America
220.127.116.11 United Kingdom
6.11.3 Asia Pacific
6.11.4 Latin America
6.11.5 Middle East & Africa
18.104.22.168 Saudi Arabia
22.214.171.124 United Arab Emirates
126.96.36.199 South Africa
6.12 SWOT Analysis
7 Porter’s Five Forces Analysis
7.2 Buyer’s Power
7.3 Supplier’s Power
7.4 New Entrants
7.5 Degree of Rivalry
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
9 Events and Developments
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