Growth and Trends Overview for the Encryption Software Market by 2022

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Growth and Trends Overview for the Encryption
Software Market by 2022
Opportunities and Forecasts, 2014- 2022
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INTRODUCTION
Global Encryption Software Market Report,
published by Allied Market Research, forecasts
that the global market is expected to garner 2.5
billion by 2021, registering a CAGR of 14.2
during the period 2016 - 2022. North America is
expected to be the leading contributor during the
forecast period, owing to higher adoption of
end-point security solutions among organizations
and prevalence of higher data protection
compliance regulations. However, Asia-Pacific
region is anticipated to grow at the fastest
rate, due to the growing penetration of cloud
computing and increasing workforce mobility. The
encryption software market by usage comprises
encryption for data-at-rest and encryption for
data-in-transit. In 2014, data-at-rest encryption
software segment accounted for approximately
93.4 of the total encryption software market by
value.
Encryption Software Market
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Encryption Software
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Encryption Software Market
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The increase in government as well as state
regulations on data privacy and compliance
requires the enterprises to tighten their data
end-point security measures. With the growth in
number of stringent regulations, the
organizations need to put in place effective data
security technologies, to abide by the applicable
laws and ensure that sensitive data or the
personally identifiable data (PII) pertaining to
customers, employees, and the company is
protected at all times. Encryption is either
mandated or cited by such laws at an appropriate
data protection method. The major factors that
drive the global encryption software market are
increased compliance regulations, growth in
complexity of number of data breaches, Snowden
revelations, and increased adoption of cloud and
virtualization.
OVERVIEW
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The study provides an in-depth analysis of the
encryption software market with current and
future trends to elucidate the imminent
investment pockets Current and future trends are
outlined to determine the overall attractiveness
and to single out profitable trends to gain a
stronger foothold in the encryption software
market The report provides information regarding
key drivers, restraints, opportunities, and
impact analysis Quantitative analysis of the
current market and estimations through 2017-2022
are provided to highlight the financial caliber
of the encryption software market and is also
impacting the encryption software growth Check
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KEY BENEFITS
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KEY SEGMENTS
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KEY MARKET PLAYERS PROFILED Symantec
Corporation Sophos Holdings Ltd. McAfee
Check Point Software Technologies
Proofpoint Trend Micro Other companies
mentioned in the report include Google, Facebook,
Microsoft, Apple, Verizon, Yahoo, Silent Circle,
Per Damballa, Amazon, SurfRight, JPMorgan, Jafco
Ventures, CipherCloud, PerspecSys and San Jose,
WhatsApp, Open Whisper Systems, Geeksphone,
WhisperSystems, Cyberoam Technologies, ForeScout
Technologies, Stonesoft Oyj, KoolSpan and
LiveOffice. Need More Information Enquire here
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KEY PLAYERS
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Presently, encryption software for data-at-rest
accounts for the major share of the encryption
software market as compared to the encryption
software for data-in-transit (email) Within the
data-at-rest encryption software market,
software-based full disk encryption (FDE) would
continue to hold the majority of share vis--vis
file level encryption (FLE), throughout the
forecast period Based on the geographic
analysis, North America presently is the highest
revenue-generating region and would continue to
maintain this trend during 2015-2021 The use of
encryption software is most widespread in the
financial sector, which contributed approximately
44.2 share of total encryption software market
revenue in 2014 The adoption of encryption
software is higher among large enterprises as
compared to the small- and medium-sized businesses
Key findings of Encryption Software Market
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About Allied Market Research Allied Market
Research (AMR) is a full-service market research
and business-consulting wing of Allied Analytics
LLP based in Portland, Oregon. Allied Market
Research provides global enterprises as well as
medium and small businesses with unmatched
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"Business Intelligence Solutions". AMR has a
targeted view to provide business insights and
consulting to assist its clients to make
strategic business decisions and achieve
sustainable growth in their respective market
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