Global Encryption Software Market is Expected to Reach US$6.782 billion by 2022
Market Research Report on the Encryption Software Market
RAIPUR, INDIA, October 30, 2017 /EINPresswire.com/ --Report Sellers has added a new market research report “Encryption Software Market- Forecasts from 2017 to 2022” to its offerings. The report is an in-depth market study providing accurate market insights including the latest trends, forecast, competitive insights, etc.
According to the report, the 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 the data security. The major factor driving the global encryption software market is the growing need to safeguard the critical data from the unauthorized access. Rising cases of cyber-attacks to steal the important organizational data is augmenting the demand for encryption software across enterprises.
Owing to 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. 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.
Competitive Insights: The global F&B warehousing market is fragment owing to the presence of many small and large scale providers. However, the key players like Americold, John Swire & Sons, Lineage Logistics and Preferred Freezer Services among others dominate the market owing to their ability to provide innovative customization services. Moreover, the companies are increasingly engaging themselves in industry integration to sustain in the competitive environment. For instance, in July 2017, Lineage Logistics acquired Partner Logistics to become the global leader in automated cold storage warehousing.
The major players discussed in the report include Americold, John Swire & Sons, Lineage Logistics, Preferred Freezer Services, Oxford Cold Storage, Cloverleaf Cold Storage, Kloosterboer, Nordic Logistics and Warehousing, and Nichirei Logistics Group.
Browse through the complete description and in-depth TOC on “Encryption Software Market”
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Report Scope
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
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