Encryption Software Market Size, Share, Opportunities, COVID 19 Impact, And Trends By Application (Cloud Encryption, Database Encryption, Disk Encryption, Communication Encryption, File/Folder Encryption), By Deployment Model (On-premise, Cloud), By Enterprise (Size, Small ,Medium, Large), By End-User (BFSI, Government, Manufacturing, Communication And Technology, Retail, Healthcare, Others), And By Geography - Forecasts From 2019 To 2024

Published:  Mar 2021 Report Code: KSI061610530 Pages: 114

Global Encryption Software market is projected to grow at a CAGR of 17.93% during the forecast period to grow to US$6.782 billion by 2022, increasing from US$2.974 billion in 2017. Encryption is an effective security mechanism that provides data security.  The major factor driving the global encryption software market is the growing need to safeguard critical data from unauthorized access. Rising cases of cyber-attacks to steal important organizational data are augmenting the demand for encryption software across enterprises. Owing to the increasing adoption of BYOD policy by various enterprises coupled with stringent cyber security regulations and guidelines is further boosting the growth of this market for secure data transmission. The emerging trend of cloud computing will further bolster the growth of cloud-based encryption software and solutions across SMEs and large enterprises over the next five years.

By End-User

BFSI segment is projected to witness the fastest growth as the sector is considered to be a prime target of hackers owing to the storage of critical financial information of customers. The healthcare sector will also witness considerable growth due to an increase in the amount of stored personal and health-related data by the enterprises operating in this sector.

By Geography

Geographically, North America held the largest market share in 2016 due to the strong presence of key encryption software vendors in the region. However, the APAC region is anticipated to witness the fastest regional market growth during the forecast period. This growth is attributed to the increasing number of smartphone and tablet users, growing adoption of social media, and penetration of IoT, cloud services, and implementation of BYOD policies across various enterprises in the region.

Competitive Insight

A large number of enterprises are providing encryption software solutions.  Key players within the market are increasingly engaging in industry integration in order to enhance their market position. Moreover, the vendors are increasingly focusing on low-cost solutions for SMEs and innovative techniques for enhanced data security in order to maintain a competitive edge. The major players discussed in the report include Intel, SAS Institute Inc., Cisco Systems, HP, Infineon Technologies, SonicWALL, IBM, Symantec, AT&T, and Microsoft among others.

Segmentation

The encryption software market has been segmented by application, deployment model, enterprise size, end-user, and geography as below:

By Application

Cloud Encryption

Database Encryption

Disk Encryption

Communication Encryption

File/Folder Encryption

 

By Deployment Model

On-premise

Cloud

 

By Enterprise Size

Small

Medium

Large

 

By End-User

BFSI

Government

Manufacturing

Communication and Technology

Retail

Healthcare

Others

 

By Geography

Americas

 

North America

U.S.

Canada

Mexico

Others

 

South America

Brazil

Argentina

Others

 

Europe Middle East and Africa

Europe

UK

Germany

France

Others

 

Middle East and Africa

Saudi Arabia

Israel

Others

 

Asia Pacific

Japan

China

India

Australia

Others

1. Introduction
2. Research Methodology
3. Executive Summary
4. Market Dynamics
4.1. Market Overview and Segmentation
4.2. Drivers
4.3. Restraints
4.4. Opportunities
4.5. Supplier Outlook
4.6. Industry Outlook
4.7. Porter’s 5 Forces Analysis 
4.8. Industry Value Chain Analysis
4.9. Industry Regulations
4.10. Scenario Analysis
5. Global Encryption Software Market Forecast by Application (US$ billion) 
5.1. Cloud Encryption
5.1.1. Market Size and Forecasts to 2022
5.2. Database Encryption
5.2.1. Market Size and Forecasts to 2022
5.3. Disk Encryption
5.3.1. Market Size and Forecasts to 2022
5.4. Communication Encryption
5.4.1. Market Size and Forecasts to 2022
5.5. File/Folder Encryption
5.5.1. Market Size and Forecasts to 2022
6. Global Encryption Software Market Forecast by Deployment Model (US$ billion) 
6.1. On-Premise
6.1.1. Market Size and Forecasts to 2022
6.2. Cloud
6.2.1. Market Size and Forecasts to 2022
7. Global Encryption Software Market Forecast by Enterprise Size (US$ billion) 
7.1. Small 
7.1.1. Market Size and Forecasts to 2022
7.2. Medium
7.2.1. Market Size and Forecasts to 2022
7.3. Large
7.3.1. Market Size and Forecasts to 2022
8. Global Encryption Software Market Forecast by End User (US$ billion) 
8.1. BFSI
8.1.1. Market Size and Forecasts to 2022
8.2. Government
8.2.1. Market Size and Forecasts to 2022
8.3. Manufacturing
8.3.1. Market Size and Forecasts to 2022
8.4. Communication and Technology
8.4.1. Market Size and Forecasts to 2022
8.5. Retail
8.5.1. Market Size and Forecasts to 2022
8.6. Healthcare
8.6.1. Market Size and Forecasts to 2022
8.7. Others
8.7.1. Market Size and Forecasts to 2022
9. Global Encryption Software Market Forecast by Geography (US$ billion) 
9.1. Americas
9.1.1. North America 
9.1.1.1. U.S.
9.1.1.1.1. Market Size and Forecasts to 2022
9.1.1.2. Canada
9.1.1.2.1. Market Size and Forecasts to 2022
9.1.1.3. Mexico
9.1.1.3.1. Market Size and Forecasts to 2022
9.1.1.4. Others
9.1.1.4.1. Market Size and Forecasts to 2022
9.1.2. South America
9.1.2.1. Brazil
9.1.2.1.1. Market Size and Forecasts to 2022
9.1.2.2. Argentina 
9.1.2.2.1. Market Size and Forecasts to 2022
9.1.2.3. Others
9.1.2.3.1. Market Size and Forecasts to 2022
9.2. Europe Middle East and Africa
9.2.1. Europe
9.2.1.1. UK
9.2.1.1.1. Market Size and Forecasts to 2022
9.2.1.2. Germany
9.2.1.2.1. Market Size and Forecasts to 2022
9.2.1.3. France
9.2.1.3.1. Market Size and Forecasts to 2022
9.2.1.4. Others
9.2.1.4.1. Market Size and Forecasts to 2022
9.2.2. Middle East and Africa
9.2.2.1. Saudi Arabia
9.2.2.1.1. Market Size and Forecasts to 2022
9.2.2.2. Israel
9.2.2.2.1. Market Size and Forecasts to 2022
9.2.2.3. Others
9.2.2.3.1. Market Size and Forecasts to 2022
9.3. Asia Pacific 
9.3.1. Japan
9.3.1.1.1. Market Size and Forecasts to 2022
9.3.2. China
9.3.2.1.1. Market Size and Forecasts to 2022
9.3.3. India
9.3.3.1.1. Market Size and Forecasts to 2022
9.3.4. Australia
9.3.4.1.1. Market Size and Forecasts to 2022
9.3.5. Others 
9.3.5.1.1. Market Size and Forecasts to 2022
10. Competitive Intelligence
10.1. Market Share Analysis
10.2. Investment Analysis
10.3. Recent Deals
10.4. Strategies of Key Players
11. Company Profiles
11.1. Intel 
11.1.1. Overview
11.1.2. Financials
11.1.3. Products and Services
11.1.4. Recent Developments
11.2. SAS Institute Inc. 
11.2.1. Overview
11.2.2. Financials
11.2.3. Products and Services
11.2.4. Recent Developments
11.3. Cisco Systems
11.3.1. Overview
11.3.2. Financials
11.3.3. Products and Services
11.3.4. Recent Developments
11.4. HP
11.4.1. Overview
11.4.2. Financials
11.4.3. Products and Services
11.4.4. Recent Developments
11.5. Infineon Technologies 
11.5.1. Overview
11.5.2. Financials
11.5.3. Products and Services
11.5.4. Recent Developments
11.6. SonicWALL 
11.6.1. Overview
11.6.2. Financials
11.6.3. Products and Services
11.6.4. Recent Developments
11.7. IBM
11.7.1. Overview
11.7.2. Financials
11.7.3. Products and Services
11.7.4. Recent Developments
11.8. Symantec 
11.8.1. Overview
11.8.2. Financials
11.8.3. Products and Services
11.8.4. Recent Developments
11.9. AT&T 
11.9.1. Overview
11.9.2. Financials
11.9.3. Products and Services
11.9.4. Recent Developments
11.10. Microsoft 
11.10.1. Overview
11.10.2. Financials
11.10.3. Products and Services
11.10.4. Recent Developments
List of Tables
List of Figures
Intel
SAS Institute Inc.
Cisco Systems
HP
Infineon Technologies
SonicWALL
IBM 
Symantec
AT&T
Microsoft

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