Encryption Software (Disk Encryption, File/Folder Encryption, Database Encryption, Communication Encryption, Cloud …

DUBLIN, Feb .10, 2015 /PRNewswire/ --Research and Markets

(http://www.researchandmarkets.com/research/6376kr/encryption) has announced the addition of the "Encryption Software Market by Applications, by Deployment Type & by Regions - Global Forecast and Analysis 2014 - 2019" report to their offering.

The global Encryption Software Market is expected to grow from $1.85 billion in 2014 to $4.82 billion by 2019, at a Compound Annual Growth Rate (CAGR) of 21.1% during the forecast period 2014-2019.

The encryption software market is fast gaining traction mainly due to the introduction and reception of the Bring Your Own Device (BYOD) trend, the growing demand among organizations for augmenting efficiency through safeguarding data transfer with the help of emails across mobile devices. Additionally, the rising data security apprehensions involved in business information access and transfer across these devices further demands security solutions.

Today, organizations are quickly embracing data security solutions to supplement flexible work culture among workforce in a secure manner as it delivers the employees with flexibility in work patterns, and thereby augments the productivity of the companies. Further, the growing volume and strength of cyber-attacks and commercial espionage along with rising proclivity of mobile devices loss and theft is further empowering the adoption of encryption solutions for enabling secure transmission of data across these devices and abstaining commercial espionage and cyber-attacks. Furthermore, the adoption of encryption software is fortified due to the evolution of mandate regulatory standards related to data transfer and its security, that needs to be complied with, across diverse industry verticals such as PCI DSS for BFSI and HIPPA for healthcare, as these solutions adhere with certain specific regulatory norms and enable secured access to data and its transmission across diverse devices including PCs, and mobile devices. Hence, the emergence of these solutions is further adding to the demand of encryption software across the world.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

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