Encryption Software Market 2019 - Identify Opportunities and Challenges


Posted June 6, 2019 by AkashSangshetti123

Market Research Future published a research report on “Encryption Software Market Research Report- Global Forecast 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.
 
Market Scenario:

Encryption software refers to program based software that uses cryptography technique to prevent unauthorized access to digital information. Encryption process occurs when data is passed through a series of mathematical operations and generates alternate form of that data, these series of operations is known as algorithm. Both of these data produced can be differentiated. Unencrypted data refers to plaintext and encrypted data refers to cipher text. The key role of encryption software lies in generating cipher text which cannot be easily returned into original plain text.

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Software based encryption is the fastest emerging end-point data security solution in the information technology and telecommunication sector. Encryption software plays an important role in protecting digital information against cybercrime. It can be used to provide high level of security to emails, files stored on hard drives or floppy disk, network communication and other confidential information that requires protection. Increased frequency of cyber-attacks on enterprises is a factor driving the market. Cloud based encryption software segment accounts for highest market share. The need for encryption software is mainly due to increasing cyber-attacks on critical and confidential data. The study indicates, that increase in adoption of bring your own device (BYOD) which pertains to boost employee efficiency has further increased the issue of data loss and unauthorized access to critical data. Disk based encryption is expected to have highest market share due to increase in demand of hardware encryption to secure data.

Key Players:

The prominent players in the Encryption Software Market are – Microsoft Corporation (U.S.), Sophos Ltd. (U.S.), CheckPoint Software Technologies Ltd. (Israel), Trend Micro Inc. (Japan), Symantec Corporation (U.S.), IBM Corporation (U.S.), SAS Institute Inc. (U.S.), Intel Security Group (McAfee) (U.S.), EMC Corporation (U.S.), and WinMagic Inc. (Canada) among others.

Segments:

Encryption Software Market for segment on the basis of by application, by deployment, by service, by organization size and by vertical.

Encryption Software Market by Application:

Disk Encryption
File/Folder Encryption
Communication Encryption
Database Encryption
Cloud Encryption
Encryption Software Market by Deployment:

Cloud
On-Premise
Encryption Software Market by Service:

Professional Service
Managed Service
Encryption Software Market by Organization Size:

Small & Medium Enterprises
Large Enterprises
Encryption Software Market by Vertical:

Healthcare
Government & Public Sector
IT & Telecommunication
BFSI
Retail
Aerospace & Defense
Others
Regional Analysis:

The regional analysis of encryption software market is being studied for region such as Asia Pacific, North America, Europe and Rest of the World. North America region accounts for higher market share. North America region possess highest market share due to major encryption software players present in the region. Asia-Pacific is expected to be fastest growing market as small and medium enterprises are implementing encryption solution for preventing unauthorized access to data and cybercrimes.

Intended Audience

Investors and consultants
System Integrators
Government Organizations
Research/Consultancy firms
Technology solution providers
IT Solution Providers
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TABLE OF CONTENTS

LIST OF FIGURES

FIGURE 1 RESEARCH TYPE

FIGURE 2 ENCRYPTION SOFTWARE MARKET: BY APPLICATION (%)

FIGURE 3 ENCRYPTION SOFTWARE MARKET: BY DEPLOYMENT (%)

FIGURE 4 ENCRYPTION SOFTWARE MARKET: BY SERVICE (%)

FIGURE 5 ENCRYPTION SOFTWARE MARKET: BY ORGANIZATION SIZE (%)

FIGURE 6 ENCRYPTION SOFTWARE MARKET: BY VERTICAL (%)

FIGURE 7 ENCRYPTION SOFTWARE MARKET: BY REGION (%)

FIGURE 8 NORTH AMERICA ENCRYPTION SOFTWARE MARKET, BY APPLICTAION (%)

FIGURE 9 NORTH AMERICA ENCRYPTION SOFTWARE MARKET, BY DEPLOYMENT (%)

FIGURE 10 NORTH AMERICA ENCRYPTION SOFTWARE MARKET, BY SERVICE (%)

FIGURE 11 NORTH AMERICA ENCRYPTION SOFTWARE MARKET, BY ORGANIZATION SIZE (%)

FIGURE 12 NORTH AMERICA ENCRYPTION SOFTWARE MARKET, BY VERTICAL (%)

FIGURE 13 EUROPE ENCRYPTION SOFTWARE MARKET, BY APPLICATION (%)

FIGURE 14 EUROPE ENCRYPTION SOFTWARE MARKET, BY DEPLOYMENT (%)

FIGURE 15 EUROPE ENCRYPTION SOFTWARE MARKET, BY SERVICE (%)

FIGURE 16 EUROPE ENCRYPTION SOFTWAREMARKET, BY ORGANIZATION SIZE (%)

FIGURE 17 EUROPE ENCRYPTION SOFTWARE MARKET, BY VERTICAL (%)

FIGURE 18 ASIA-PACIFIC ENCRYPTION SOFTWARE MARKET BY APPLICATION (%)

FIGURE 19 ASIA-PACIFIC ENCRYPTION SOFTWARE MARKET, BY DEPLOYMENT (%)

FIGURE 20 ASIA-PACIFIC ENCRYPTION SOFTWARE MARKET, BY SERVICE (%)

FIGURE 21 ASIA-PACIFIC ENCRYPTION SOFTWARE MARKET, BY ORGANIZATION SIZE (%)

FIGURE 22 ASIA-PACIFIC ENCRYPTION SOFTWARE MARKET, BY VERTICAL (%)

FIGURE 23 ROW ENCRYPTION SOFTWARE MARKET, BY APPLICATION (%)

FIGURE 24 ROW ENCRYPTION SOFTWARE MARKET, BY DEPLOYMENT (%)

Continued…

Know More about this Report @ https://www.reuters.com/brandfeatures/venture-capital/article?id=76845

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Issued By Market Research Future
Country India
Categories Business , Semiconductors
Tags encryption software market
Last Updated June 6, 2019