Encryption Software Market Report of Key Company Profiles and Industry Size, Share Analysis 2017

The Encryption Software Market report states stringent regulatory compliances and the increasing concern for data security are expected to be driving the growth of the encryption software market. The Encryption Software Market is growing and the experts have predicted the future stats of Encryption Software. Encryption Software Market report contains the top corporate profiles and strategies with industry analysis and trends.

Complete report is now available on Encryption Software Market by Component (Solution and Services), Application (Disk Encryption, File/Folder Encryption, Communication Encryption, and Cloud Encryption), Deployment Type, Organization Size, Vertical, and Region – Global Forecast to 2022 at http://www.rnrmarketresearch.com/encryption-software-market-by-applications-disk-encryption-filefolder-encryption-database-encryption-communication-encryption-cloud-encryption-by-deployment-type-cloud-on-premises-by-regi-market-report.html

The encryption software market size is expected to grow from USD 3.87billion in 2017 to USD 12.96 billion by 2022, at a Compound Annual Growth Rate (CAGR) of 27.4%. The market is expected to be driven by factors, such as the rising concerns of critical data loss in the on-premises environment, risk on cloud environment due to exploitation of big data analytics, and the regulations to increase the adoption of the encryption solutions. However, the major hindrance faced by the enterprises while adopting the encryption software are believed to be the lack of budget for the adoption of the best-in-class encryption solutions, lack of awareness about encryption, and the performance concerns among enterprises.

The cloud encryption application in the encryption software market is expected to grow at the fastest rate, during the forecast period. The major reason for the high growth rate of the cloud encryption application is said to be the ongoing expansive adoption of cloud among companies across the world. There are numerous advantages associated with the adoption of cloud, such as improved flexibility and scalability, faster deployments, and enhanced mobility, which encourage the cloud adoption. However, the risks associated with content protection and data compliance remain to be the prime impediment for embracing the cloud across businesses. This encourages the adoption of cloud encryption solutions to safeguard the sensitive information from being breached.

Get Discount on Encryption Software Market Report at http://www.rnrmarketresearch.com/contacts/discount?rname=272201

Break of primary participants in Encryption Software Market was as mentioned below:

By company: Tier 1–55%, Tier 2–20%, and Tier 3–25%

By designation: C-level–60%, Director level–25%, and Others–15%

By region: North America–35%, Europe–25%, APAC–20%, Latin America–10%, and Middle East and Africa (MEA)–10%

Major players of Encryption Software Market Report are:

The key players in the Encryption Software market include Cipher Cloud (California, US), Dell (Texas, US), ESET (Bratislava, Slovakia), Gemalto (Amsterdam, Netherlands), IBM (New York, US), McAfee (California, US), Microsoft (Washington, US), PKWARE (Wisconsin, US), Sophos (Abingdon, UK), Symantec (California, US), Thales e-Security (La Defense, France), Trend Micro (Tokyo, Japan).

FAQ’s regarding the Encryption Software Market Report are:

Market Penetration of Encryption Software Market Report:
Comprehensive information on the product portfolios of the top players in the Encryption Software market

Product Development/Innovation of Encryption Software Market Report:
Detailed insights on the upcoming technologies, R&D activities, and product launches in the Encryption Software market

Competitive Assessment of Encryption Software Market Report:
In-depth assessment of the market strategies, geographic and business segments, and product portfolios of the leading players in the Encryption Software market

Market Development of Encryption Software Market Report:
Comprehensive information about emerging markets. This report analyzes the market for various Encryption Software products across geographies

Market Diversification of Encryption Software Market Report:
Exhaustive information about new products, untapped geographies, recent developments, and investments in the Encryption Software market

Get Brochure of this report before ordering a copy of Encryption Software Market at http://www.rnrmarketresearch.com/contacts/request-sample?rname=272201

Companies in the BFSI sector are expanding their offerings to maintain a competitive edge, save costs, and improve the customer experience with value-added services. The increasing usage of mobile technology has enhanced the adoption of encryption solutions and services in the financial organizations. The financial sector uses encryption solutions to control and secure the sensitive data of customers and protect the data from the internal and external risks of theft. In addition, banking organizations, to enhance their business opportunities, need to make use of external networks that are unsecured. Moreover, the pressure from the regulatory standards, such as Advanced Encryption Standard (AES) and Payment Card Industry Data Security Standard (PCI-DSS), has led companies in this sector to deliver security solutions with encryption software.

North America is expected to have the largest market share and dominate the encryption software market from 2017 to 2022, owing to the early adoption of new and emerging technologies, and the presence of a large number of players in this region. APAC offers extensive growth avenues for the encryption software market, owing to the widespread presence of Small and Medium-sized Enterprises (SMEs)and telecom companies that are extensively adopting encryption software to safeguard their sensitive data.

On an unrelated note, another research titled with Universal Flash Storage Market by Capacity (32 GB, 64 GB, 128 GB, 256 GB, 512 GB), Configuration, End Use (Automotive Electronics, Digital cameras, Gaming Consoles, High-Resolution Displays, Smartphones), Application, and Geography – Global Forecast to 2023. The universal flash storage market is estimated to grow from USD 3.59 billion in 2017 and is estimated to reach USD 9.97 billion by 2023, at a CAGR of 18.6% during 2017–2023. Now available at http://www.rnrmarketresearch.com/universal-flash-storage-market-by-capacity-32-gb-64-gb-128-gb-256-gb-512-gb-configuration-end-use-automotive-electronics-digital-cameras-gaming-consoles-high-resolution-displays-smartphones-applicatio-st-to-2023-market-report.html  

About us: RnRMarketResearch.com is your single source for all market research needs. Our database includes 100,000+ market research reports from over 95 leading global publishers & in-depth market research studies of over 5000 micro markets.