Encryption Software Market By Component, By Deployment Mode, By Enterprise Size, By Function, By Industry Vertical : Global Opportunity Analysis and Industry Forecast, 2023-2032

Description

List of Tables

Encryption software is an application platform that helps in the encryption and decryption of a data stream at rest or in transit. It helps protect the content of files, network packets, and applications and provides security from unauthorized users. In addition, many organizations are adopting encryption software to protect digital data confidentiality as it is stored on the organization's systems and transmitted using different networks. Furthermore, encryption software provides different advantages such as an increase in the integrity of data and an upsurge in the security of the data when an employee is working remotely. Moreover, the adoption of encryption software among SMEs to improve the data security of the organization propels the growth of the market. Moreover, the leading application of encryption software is data protection and confidentiality. Encryption software is primarily used to secure sensitive information and communications by converting it into a coded format that can only be accessed or deciphered by authorized parties with the corresponding decryption key. This application of encryption software is essential for safeguarding data privacy, preventing unauthorized access, and mitigating the risks of data breaches, cyberattacks, and information theft. Furthermore, with the adoption of cloud computing services, encryption software is used to encrypt data stored in cloud-based applications, platforms, and storage services. Cloud encryption solutions protect data at rest and in transit within cloud environments, ensuring data confidentiality and compliance with privacy regulations. Encryption software is deployed on endpoint devices such as laptops, desktops, smartphones, and tablets to encrypt data stored locally on the device. Endpoint encryption protects sensitive information from unauthorized access, theft, or compromise, especially in the event of device loss or theft.

The rise in complexity and data breaches and increased compliance regulation among organizations drive the growth of the market. In addition, the surge in adoption of bring your device (BYOD) and increased mobility fuel the growth of the market. However, lack of awareness about encryption software and limited use of encrypted devices in some countries hampers the growth of the market. Furthermore, the rise in demand for cloud-based encryption software is expected to provide lucrative opportunities for the growth of the market.

The global encryption software market is segmented based on component, deployment model, enterprise size, function, industry vertical, and region. In terms of components, it is bifurcated into software and service. Based on the deployment model, the market is segmented into on-premises and clouds. By organization size, it is bifurcated into large enterprises and small and medium-sized enterprises (SMEs). In terms of function, the market is divided into disk encryption, communication encryption, file/folder encryption, and cloud encryption.

As per industry vertical, it is classified into BFSI, IT/telecom, government & public, retail, healthcare, aerospace & defense, media & entertainment, and others. Region-wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The key players profiled in the encryption software market analysis are Amazon Web Services, Inc. (AWS), Check Point Software Technologies, Cisco System, Inc., F-Secure, Fortinet, Inc., IBM Corporation, Microsoft Corporation, Oracle Corporation, Palo Alto Networks, Inc. and Trend Micro Incorporated BFSI.

Key Benefits For Stakeholders

The study provides an in-depth analysis of the global encryption software market forecast along with the current and future trends to explain the imminent investment pockets.
Information about key drivers, restraints, and opportunities and their impact analysis on global encryption software market trend is provided in the report.
The Porter's five forces analysis illustrates the potency of the buyers and suppliers operating in the industry.
The quantitative analysis of the market from 2023 to 2032 is provided to determine the market potential.

Additional benefits you will get with this purchase are:

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Investment Opportunities
Market share analysis of players by products/segments
Strategic Recommendations
Market share analysis of players at global/region/country level
SWOT Analysis
Volume Market Size and Forecast

Key Market Segments

By Component

Software
Services

By Deployment Mode

On-premise
Cloud

By Enterprise Size

Large Enterprise
Small and Medium-sized Enterprises

By Function

Disk Encryption
Communication Encryption
File/Folder Encryption
Cloud Encryption

By Industry Vertical

BFSI
IT and Telecom
Government and Public Sector
Retail
Healthcare
Aerospace and Defense
Media and Entertainment
Others

By Region

North America
- U.S.
- Canada
Europe
- UK
- Germany
- France
- Italy
- Russia
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
LAMEA
- Latin America
- Middle East
- Africa

Key Market Players:

IBM Corporation
Check Point Software Technologies
Cisco System, Inc.
Microsoft Corporation
Trend Micro Incorporated
F-Secure
Amazon Web Services, Inc.
Palo Alto Networks, Inc.
Fortinet, Inc.
Oracle Corporation

Product Code: A00448

CHAPTER 1: INTRODUCTION

1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. CXO perspective

CHAPTER 3: MARKET OVERVIEW

3.1. Market definition and scope
3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
3.3. Porter's five forces analysis
- 3.3.1. Low bargaining power of suppliers
- 3.3.2. Low threat of new entrants
- 3.3.3. Low threat of substitutes
- 3.3.4. Low intensity of rivalry
- 3.3.5. Low bargaining power of buyers
3.4. Market dynamics
- 3.4.1. Drivers
  - 3.4.1.1. Increase in complexity & volume of data breaches and brute force attacks
  - 3.4.1.2. Increased compliance regulations
  - 3.4.1.3. Rise in adoption of cloud and virtualization
- 3.4.2. Restraints
  - 3.4.2.1. High capital investment
  - 3.4.2.2. Limiting use of encrypted devices in some of the countries
- 3.4.3. Opportunities
  - 3.4.3.1. Widespread adoption of Internet of Things (IoT) technology and cloud services
  - 3.4.3.2. Ongoing technological advancements in encryption chip

CHAPTER 4: ENCRYPTION SOFTWARE MARKET, BY COMPONENT

4.1. Overview
- 4.1.1. Market size and forecast
4.2. Software
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
4.3. Services
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country

CHAPTER 5: ENCRYPTION SOFTWARE MARKET, BY DEPLOYMENT MODE

5.1. Overview
- 5.1.1. Market size and forecast
5.2. On-premise
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
5.3. Cloud
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country

CHAPTER 6: ENCRYPTION SOFTWARE MARKET, BY ENTERPRISE SIZE

6.1. Overview
- 6.1.1. Market size and forecast
6.2. Large Enterprise
- 6.2.1. Key market trends, growth factors and opportunities
- 6.2.2. Market size and forecast, by region
- 6.2.3. Market share analysis by country
6.3. Small and Medium-sized Enterprises
- 6.3.1. Key market trends, growth factors and opportunities
- 6.3.2. Market size and forecast, by region
- 6.3.3. Market share analysis by country

CHAPTER 7: ENCRYPTION SOFTWARE MARKET, BY FUNCTION

7.1. Overview
- 7.1.1. Market size and forecast
7.2. Disk Encryption
- 7.2.1. Key market trends, growth factors and opportunities
- 7.2.2. Market size and forecast, by region
- 7.2.3. Market share analysis by country
7.3. Communication Encryption
- 7.3.1. Key market trends, growth factors and opportunities
- 7.3.2. Market size and forecast, by region
- 7.3.3. Market share analysis by country
7.4. File/Folder Encryption
- 7.4.1. Key market trends, growth factors and opportunities
- 7.4.2. Market size and forecast, by region
- 7.4.3. Market share analysis by country
7.5. Cloud Encryption
- 7.5.1. Key market trends, growth factors and opportunities
- 7.5.2. Market size and forecast, by region
- 7.5.3. Market share analysis by country

CHAPTER 8: ENCRYPTION SOFTWARE MARKET, BY INDUSTRY VERTICAL

8.1. Overview
- 8.1.1. Market size and forecast
8.2. BFSI
- 8.2.1. Key market trends, growth factors and opportunities
- 8.2.2. Market size and forecast, by region
- 8.2.3. Market share analysis by country
8.3. IT and Telecom
- 8.3.1. Key market trends, growth factors and opportunities
- 8.3.2. Market size and forecast, by region
- 8.3.3. Market share analysis by country
8.4. Government and Public Sector
- 8.4.1. Key market trends, growth factors and opportunities
- 8.4.2. Market size and forecast, by region
- 8.4.3. Market share analysis by country
8.5. Retail
- 8.5.1. Key market trends, growth factors and opportunities
- 8.5.2. Market size and forecast, by region
- 8.5.3. Market share analysis by country
8.6. Healthcare
- 8.6.1. Key market trends, growth factors and opportunities
- 8.6.2. Market size and forecast, by region
- 8.6.3. Market share analysis by country
8.7. Aerospace and Defense
- 8.7.1. Key market trends, growth factors and opportunities
- 8.7.2. Market size and forecast, by region
- 8.7.3. Market share analysis by country
8.8. Media and Entertainment
- 8.8.1. Key market trends, growth factors and opportunities
- 8.8.2. Market size and forecast, by region
- 8.8.3. Market share analysis by country
8.9. Others
- 8.9.1. Key market trends, growth factors and opportunities
- 8.9.2. Market size and forecast, by region
- 8.9.3. Market share analysis by country

CHAPTER 9: ENCRYPTION SOFTWARE MARKET, BY REGION

9.1. Overview
- 9.1.1. Market size and forecast By Region
9.2. North America
- 9.2.1. Key market trends, growth factors and opportunities
- 9.2.2. Market size and forecast, by Component
- 9.2.3. Market size and forecast, by Deployment Mode
- 9.2.4. Market size and forecast, by Enterprise Size
- 9.2.5. Market size and forecast, by Function
- 9.2.6. Market size and forecast, by Industry Vertical
- 9.2.7. Market size and forecast, by country
  - 9.2.7.1. U.S.
  - 9.2.7.1.1. Market size and forecast, by Component
  - 9.2.7.1.2. Market size and forecast, by Deployment Mode
  - 9.2.7.1.3. Market size and forecast, by Enterprise Size
  - 9.2.7.1.4. Market size and forecast, by Function
  - 9.2.7.1.5. Market size and forecast, by Industry Vertical
  - 9.2.7.2. Canada
  - 9.2.7.2.1. Market size and forecast, by Component
  - 9.2.7.2.2. Market size and forecast, by Deployment Mode
  - 9.2.7.2.3. Market size and forecast, by Enterprise Size
  - 9.2.7.2.4. Market size and forecast, by Function
  - 9.2.7.2.5. Market size and forecast, by Industry Vertical
9.3. Europe
- 9.3.1. Key market trends, growth factors and opportunities
- 9.3.2. Market size and forecast, by Component
- 9.3.3. Market size and forecast, by Deployment Mode
- 9.3.4. Market size and forecast, by Enterprise Size
- 9.3.5. Market size and forecast, by Function
- 9.3.6. Market size and forecast, by Industry Vertical
- 9.3.7. Market size and forecast, by country
  - 9.3.7.1. UK
  - 9.3.7.1.1. Market size and forecast, by Component
  - 9.3.7.1.2. Market size and forecast, by Deployment Mode
  - 9.3.7.1.3. Market size and forecast, by Enterprise Size
  - 9.3.7.1.4. Market size and forecast, by Function
  - 9.3.7.1.5. Market size and forecast, by Industry Vertical
  - 9.3.7.2. Germany
  - 9.3.7.2.1. Market size and forecast, by Component
  - 9.3.7.2.2. Market size and forecast, by Deployment Mode
  - 9.3.7.2.3. Market size and forecast, by Enterprise Size
  - 9.3.7.2.4. Market size and forecast, by Function
  - 9.3.7.2.5. Market size and forecast, by Industry Vertical
  - 9.3.7.3. France
  - 9.3.7.3.1. Market size and forecast, by Component
  - 9.3.7.3.2. Market size and forecast, by Deployment Mode
  - 9.3.7.3.3. Market size and forecast, by Enterprise Size
  - 9.3.7.3.4. Market size and forecast, by Function
  - 9.3.7.3.5. Market size and forecast, by Industry Vertical
  - 9.3.7.4. Italy
  - 9.3.7.4.1. Market size and forecast, by Component
  - 9.3.7.4.2. Market size and forecast, by Deployment Mode
  - 9.3.7.4.3. Market size and forecast, by Enterprise Size
  - 9.3.7.4.4. Market size and forecast, by Function
  - 9.3.7.4.5. Market size and forecast, by Industry Vertical
  - 9.3.7.5. Russia
  - 9.3.7.5.1. Market size and forecast, by Component
  - 9.3.7.5.2. Market size and forecast, by Deployment Mode
  - 9.3.7.5.3. Market size and forecast, by Enterprise Size
  - 9.3.7.5.4. Market size and forecast, by Function
  - 9.3.7.5.5. Market size and forecast, by Industry Vertical
  - 9.3.7.6. Rest of Europe
  - 9.3.7.6.1. Market size and forecast, by Component
  - 9.3.7.6.2. Market size and forecast, by Deployment Mode
  - 9.3.7.6.3. Market size and forecast, by Enterprise Size
  - 9.3.7.6.4. Market size and forecast, by Function
  - 9.3.7.6.5. Market size and forecast, by Industry Vertical
9.4. Asia-Pacific
- 9.4.1. Key market trends, growth factors and opportunities
- 9.4.2. Market size and forecast, by Component
- 9.4.3. Market size and forecast, by Deployment Mode
- 9.4.4. Market size and forecast, by Enterprise Size
- 9.4.5. Market size and forecast, by Function
- 9.4.6. Market size and forecast, by Industry Vertical
- 9.4.7. Market size and forecast, by country
  - 9.4.7.1. China
  - 9.4.7.1.1. Market size and forecast, by Component
  - 9.4.7.1.2. Market size and forecast, by Deployment Mode
  - 9.4.7.1.3. Market size and forecast, by Enterprise Size
  - 9.4.7.1.4. Market size and forecast, by Function
  - 9.4.7.1.5. Market size and forecast, by Industry Vertical
  - 9.4.7.2. Japan
  - 9.4.7.2.1. Market size and forecast, by Component
  - 9.4.7.2.2. Market size and forecast, by Deployment Mode
  - 9.4.7.2.3. Market size and forecast, by Enterprise Size
  - 9.4.7.2.4. Market size and forecast, by Function
  - 9.4.7.2.5. Market size and forecast, by Industry Vertical
  - 9.4.7.3. India
  - 9.4.7.3.1. Market size and forecast, by Component
  - 9.4.7.3.2. Market size and forecast, by Deployment Mode
  - 9.4.7.3.3. Market size and forecast, by Enterprise Size
  - 9.4.7.3.4. Market size and forecast, by Function
  - 9.4.7.3.5. Market size and forecast, by Industry Vertical
  - 9.4.7.4. Australia
  - 9.4.7.4.1. Market size and forecast, by Component
  - 9.4.7.4.2. Market size and forecast, by Deployment Mode
  - 9.4.7.4.3. Market size and forecast, by Enterprise Size
  - 9.4.7.4.4. Market size and forecast, by Function
  - 9.4.7.4.5. Market size and forecast, by Industry Vertical
  - 9.4.7.5. South Korea
  - 9.4.7.5.1. Market size and forecast, by Component
  - 9.4.7.5.2. Market size and forecast, by Deployment Mode
  - 9.4.7.5.3. Market size and forecast, by Enterprise Size
  - 9.4.7.5.4. Market size and forecast, by Function
  - 9.4.7.5.5. Market size and forecast, by Industry Vertical
  - 9.4.7.6. Rest of Asia-Pacific
  - 9.4.7.6.1. Market size and forecast, by Component
  - 9.4.7.6.2. Market size and forecast, by Deployment Mode
  - 9.4.7.6.3. Market size and forecast, by Enterprise Size
  - 9.4.7.6.4. Market size and forecast, by Function
  - 9.4.7.6.5. Market size and forecast, by Industry Vertical
9.5. LAMEA
- 9.5.1. Key market trends, growth factors and opportunities
- 9.5.2. Market size and forecast, by Component
- 9.5.3. Market size and forecast, by Deployment Mode
- 9.5.4. Market size and forecast, by Enterprise Size
- 9.5.5. Market size and forecast, by Function
- 9.5.6. Market size and forecast, by Industry Vertical
- 9.5.7. Market size and forecast, by country
  - 9.5.7.1. Latin America
  - 9.5.7.1.1. Market size and forecast, by Component
  - 9.5.7.1.2. Market size and forecast, by Deployment Mode
  - 9.5.7.1.3. Market size and forecast, by Enterprise Size
  - 9.5.7.1.4. Market size and forecast, by Function
  - 9.5.7.1.5. Market size and forecast, by Industry Vertical
  - 9.5.7.2. Middle East
  - 9.5.7.2.1. Market size and forecast, by Component
  - 9.5.7.2.2. Market size and forecast, by Deployment Mode
  - 9.5.7.2.3. Market size and forecast, by Enterprise Size
  - 9.5.7.2.4. Market size and forecast, by Function
  - 9.5.7.2.5. Market size and forecast, by Industry Vertical
  - 9.5.7.3. Africa
  - 9.5.7.3.1. Market size and forecast, by Component
  - 9.5.7.3.2. Market size and forecast, by Deployment Mode
  - 9.5.7.3.3. Market size and forecast, by Enterprise Size
  - 9.5.7.3.4. Market size and forecast, by Function
  - 9.5.7.3.5. Market size and forecast, by Industry Vertical

CHAPTER 10: COMPETITIVE LANDSCAPE

10.1. Introduction
10.2. Top winning strategies
10.3. Product mapping of top 10 player
10.4. Competitive dashboard
10.5. Competitive heatmap
10.6. Top player positioning, 2022

CHAPTER 11: COMPANY PROFILES

11.1. Amazon Web Services, Inc.
- 11.1.1. Company overview
- 11.1.2. Key executives
- 11.1.3. Company snapshot
- 11.1.4. Operating business segments
- 11.1.5. Product portfolio
- 11.1.6. Business performance
- 11.1.7. Key strategic moves and developments
11.2. Check Point Software Technologies
- 11.2.1. Company overview
- 11.2.2. Key executives
- 11.2.3. Company snapshot
- 11.2.4. Operating business segments
- 11.2.5. Product portfolio
- 11.2.6. Business performance
- 11.2.7. Key strategic moves and developments
11.3. Cisco System, Inc.
- 11.3.1. Company overview
- 11.3.2. Key executives
- 11.3.3. Company snapshot
- 11.3.4. Operating business segments
- 11.3.5. Product portfolio
- 11.3.6. Business performance
11.4. F-Secure
- 11.4.1. Company overview
- 11.4.2. Key executives
- 11.4.3. Company snapshot
- 11.4.4. Operating business segments
- 11.4.5. Product portfolio
- 11.4.6. Business performance
- 11.4.7. Key strategic moves and developments
11.5. Fortinet, Inc.
- 11.5.1. Company overview
- 11.5.2. Key executives
- 11.5.3. Company snapshot
- 11.5.4. Operating business segments
- 11.5.5. Product portfolio
- 11.5.6. Business performance
- 11.5.7. Key strategic moves and developments
11.6. IBM Corporation
- 11.6.1. Company overview
- 11.6.2. Key executives
- 11.6.3. Company snapshot
- 11.6.4. Operating business segments
- 11.6.5. Product portfolio
- 11.6.6. Business performance
- 11.6.7. Key strategic moves and developments
11.7. Microsoft Corporation
- 11.7.1. Company overview
- 11.7.2. Key executives
- 11.7.3. Company snapshot
- 11.7.4. Operating business segments
- 11.7.5. Product portfolio
- 11.7.6. Business performance
- 11.7.7. Key strategic moves and developments
11.8. Oracle Corporation
- 11.8.1. Company overview
- 11.8.2. Key executives
- 11.8.3. Company snapshot
- 11.8.4. Operating business segments
- 11.8.5. Product portfolio
- 11.8.6. Business performance
- 11.8.7. Key strategic moves and developments
11.9. Palo Alto Networks, Inc.
- 11.9.1. Company overview
- 11.9.2. Key executives
- 11.9.3. Company snapshot
- 11.9.4. Operating business segments
- 11.9.5. Product portfolio
- 11.9.6. Business performance
- 11.9.7. Key strategic moves and developments
11.10. Trend Micro Incorporated
- 11.10.1. Company overview
- 11.10.2. Key executives
- 11.10.3. Company snapshot
- 11.10.4. Operating business segments
- 11.10.5. Product portfolio
- 11.10.6. Business performance
- 11.10.7. Key strategic moves and developments