Encryption Software Market 2020 Emerging Trends, Growing Demand, Leading Companies, Applications, Overview and Regional Analysis 2026 – News Times

The encryption software market is anticipated to reach over $11,600 million by 2026 according to a new research published by Polaris Market Research. In 2017, the BFSI segment dominated the global market, in terms of revenue. North America was to be the leading contributor to the global market revenue in 2017.The growing need for protection of critical data, and increasing number of data breaches has boosted the adoption of encryption software. The rising penetration of mobile devices, and increasing trend of BYOD to primarily support the growth of encryption software market during the forecast period. Similarly, the rising adoption of virtualization, cloud, and big data analytics has also positively influenced the encryption software market growth over the years. Furthermore, increasing investments by vendors in technological advancements coupled with growing demand for cloud-based encryption software would accelerate the growth of this market during the forecast period. However, high costs and complexities associated with advanced encryption solutions, and lack of awareness among small and medium enterprises hinder the market growth during the forecast period. Growing demand from emerging economies, ad technological advancements are expected to provide numerous growth opportunities in the coming years.

North America generated the highest revenue in the market in 2017, and is expected to lead the global encryption software market throughout the forecast period. The increase in number of cyber-attacks, and growing number of data breaches to drive this market growth in North America. The growing trend of BYOD, IoT, big data analytics, and virtualization necessitates the need of encryption software for data protection and data loss. The growing penetration of mobile devices, and technological advancements further support market growth in the region. The increasing spending on data protection in BFSI and defense sectors in the region further to also promote encryption software market growth in coming years. However, Asia-Pacific is expected to grow at the highest CAGR during the forecast period owing to growing need for data privacy across various industries in the developing countries of the region.

The major players in the encryption software market include Microsoft Corporation, Symantec Corporation, IBM Corporation, EMC Corporation, Cisco Systems, Inc., Intel Security, Check Point Software Technologies Ltd., Oracle Corporation, Trend Micro, Inc., and Sophos Group PLC among others. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.

Table of Contents

1. Overview and Scope1.1. Research goal & scope1.2. Research assumptions1.3. Research Methodology1.3.1. Primary data sources1.3.2. Secondary data sources1.4. Key take-away1.5. Stakeholders2. Executive Summary2.1. Market Definition2.2. Market Segmentation3. Encryption Software Market Insights3.1. Encryption Software Industry snapshot3.2. Encryption Software Ecosystem analysis3.3. Encryption Software Market Dynamics3.3.1. Encryption Software Market Forces3.3.1.1. Encryption Software Market Driver Analysis3.3.1.2. Encryption Software Market Restraint/Challenges analysis3.3.1.3. Encryption Software Market Opportunity Analysis3.4. Industry analysis Porters five force3.4.1. Bargaining power of supplier3.4.2. Bargaining power of buyer3.4.3. Threat of substitute3.4.4. Threat of new entrant3.4.5. Degree of competition3.5. Encryption Software Market PEST Analysis, 20163.6. Encryption Software Market Value Chain Analysis3.7. Encryption Software Industry Trends3.8. Competitive Ranking Analysis4. Encryption Software Market Size and Forecast by Deployment Model, 2018-20264.1. Key Findings4.2. On-Premise4.3. Cloud-Based5. Encryption Software Market Size and Forecast by Organization Size, 2018-20265.1. Key Findings5.2. Large Enterprises5.3. Small and Medium Businesses6. Encryption Software Market Size and Forecast by Application, 2018-20266.1. Key Findings6.2. File Encryption6.3. Disk Encryption6.4. Database Encryption6.5. Cloud Encryption6.6. Communication Encryption6.7. Others7. Encryption Software Market Size and Forecast by End-User, 2018-20267.1. Key Findings7.2. BFSI7.3. Healthcare7.4. Aerospace and Defense7.5. Government and Public Utilities7.6. Retail7.7. Others8. Encryption Software Market Size and Forecast by Region, 2018-20268.1. Key Findings8.2. North America8.2.1. U.S.8.2.2. Canada8.2.3. Mexico8.3. Europe8.3.1. Germany8.3.2. UK8.3.3. France8.3.4. Italy8.3.5. Rest of Europe8.4. Asia-Pacific8.4.1. China8.4.2. India8.4.3. Japan8.4.4. Rest of Asia-Pacific8.5. Latin America8.5.1. Brazil8.6. Middle East & Africa9. Company Profiles9.1. Microsoft Corporation9.1.1. Overview9.1.2. Financials9.1.3. Product Benchmarking9.1.4. Recent Developments9.2. Symantec Corporation9.2.1. Overview9.2.2. Financials9.2.3. Product Benchmarking9.2.4. Recent Developments9.3. IBM Corporation9.3.1. Overview9.3.2. Financials9.3.3. Product Benchmarking9.3.4. Recent Developments9.4. EMC Corporation9.4.1. Overview9.4.2. Financials9.4.3. Product Benchmarking9.4.4. Recent Developments9.5. Cisco Systems, Inc.9.5.1. Overview9.5.2. Financials9.5.3. Product Benchmarking9.5.4. Recent Developments9.6. Intel Security9.6.1. Overview9.6.2. Financials9.6.3. Product Benchmarking9.6.4. Recent Developments9.7. Check Point Software Technologies Ltd.9.7.1. Overview9.7.2. Financials9.7.3. Product Benchmarking9.7.4. Recent Developments9.8. Oracle Corporation9.8.1. Overview9.8.2. Financials9.8.3. Product Benchmarking9.8.4. Recent Developments9.9. Trend Micro, Inc.9.9.1. Overview9.9.2. Financials9.9.3. Product Benchmarking9.9.4. Recent Developments9.10. Sophos Group PLC9.10.1. Overview9.10.2. Financials9.10.3. Product Benchmarking9.10.4. Recent Developments

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Encryption Software Market 2020 Emerging Trends, Growing Demand, Leading Companies, Applications, Overview and Regional Analysis 2026 - News Times