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PUBLISHER: IMARC | PRODUCT CODE: 1390844

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PUBLISHER: IMARC | PRODUCT CODE: 1390844

Network Encryption Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

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Abstract

The global network encryption market size reached US$ 4.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 7.0 Billion by 2028, exhibiting a growth rate (CAGR) of 8.89% during 2022-2028.

Network encryption solutions help protect the privacy and sensitive data of organizations against espionage. They ensure that the data is end-to-end encrypted while transmitting over a computer network. They can be incorporated with zero-touch encryption key management to provide robust, authenticated, and high-assurance encryption. Nowadays, companies across the globe are focusing on integrating network encryption solutions into a single platform to protect website traffic, internal networks, corporate backbone networks, and virtual private networks (VPNs).

Network Encryption Market Trends:

The growing exchange of data via different networks represents one of the key factors catalyzing the demand for network encryption solutions to protect intellectual property and sensitive business information. Moreover, data threats and cybercriminal activities cause a huge financial loss to individuals and governing agencies. As a result, public authorities are deploying these solutions to secure digital communications and network transmitted data against cyberattacks and data breaches. Apart from this, the growing trend of m-health services, the emerging use of electronic health records (EHRs), and the increasing adoption of connected devices are driving the application of network encryption solutions in the healthcare industry worldwide. This can also be attributed to the growing prevalence of chronic diseases and improving access to healthcare facilities. Network encryption solutions safeguard electronic patient information from data breaches, keep critical systems secure, and contribute to compliance with stringent governmental regulations. Furthermore, digitization of energy services and rising concerns of preventing operational data loss are positively influencing the market. In addition, the increasing energy demand, along with growing investments by governing agencies of various countries in the renewable energy infrastructure, is providing lucrative growth opportunities to players operating in the industry.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global network encryption market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on component, deployment mode, organization size and end use industry.

Breakup by Component:

Hardware

Solutions and Services

Breakup by Deployment Mode:

Cloud-based

On-premises

Breakup by Organization Size:

Small and Medium-sized Enterprises

Large Enterprises

Breakup by End Use Industry:

Telecom and IT

BFSI

Government

Media and Entertainment

Others

Breakup by Region:

North America

United States

Canada

Asia-Pacific

China

Japan

India

South Korea

Australia

Indonesia

Others

Europe

Germany

France

United Kingdom

Italy

Spain

Russia

Others

Latin America

Brazil

Mexico

Others

Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Atos SE, Ciena Corporation, Cisco Systems Inc., Colt Technology Services Group Limited, F5 Networks Inc., International Business Machines Corporation, Juniper Networks Inc., Nokia Corporation, PacketLight Networks Ltd., Raytheon Technologies Corporation, Rohde & Schwarz GmbH & Co KG, Securosys SA, Senetas Corporation Limited, Thales Group and Viasat Inc.

Key Questions Answered in This Report

  • 1. What was the size of the global network encryption market in 2022?
  • 2. What is the expected growth rate of the global network encryption market during 2023-2028?
  • 3. What has been the impact of COVID-19 on the global network encryption market?
  • 4. What are the key factors driving the global network encryption market?
  • 5. What is the breakup of the global network encryption market based on the component?
  • 6. What is the breakup of the global network encryption market based on the organization size?
  • 7. What is the breakup of the global network encryption market based on the end use industry?
  • 8. What are the key regions in the global network encryption market?
  • 9. Who are the key players/companies in the global network encryption market?
Product Code: SR112023A4969

Table of Contents

1 Preface

2 Scope and Methodology

  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
    • 2.3.1 Primary Sources
    • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
    • 2.4.1 Bottom-Up Approach
    • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

  • 4.1 Overview
  • 4.2 Key Industry Trends

5 Global Network Encryption Market

  • 5.1 Market Overview
  • 5.2 Market Performance
  • 5.3 Impact of COVID-19
  • 5.4 Market Forecast

6 Market Breakup by Component

  • 6.1 Hardware
    • 6.1.1 Market Trends
    • 6.1.2 Market Forecast
  • 6.2 Solutions and Services
    • 6.2.1 Market Trends
    • 6.2.2 Market Forecast

7 Market Breakup by Deployment Mode

  • 7.1 Cloud-based
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2 On-premises
    • 7.2.1 Market Trends
    • 7.2.2 Market Forecast

8 Market Breakup by Organization Size

  • 8.1 Small and Medium-sized Enterprises
    • 8.1.1 Market Trends
    • 8.1.2 Market Forecast
  • 8.2 Large Enterprises
    • 8.2.1 Market Trends
    • 8.2.2 Market Forecast

9 Market Breakup by End Use Industry

  • 9.1 Telecom and IT
    • 9.1.1 Market Trends
    • 9.1.2 Market Forecast
  • 9.2 BFSI
    • 9.2.1 Market Trends
    • 9.2.2 Market Forecast
  • 9.3 Government
    • 9.3.1 Market Trends
    • 9.3.2 Market Forecast
  • 9.4 Media and Entertainment
    • 9.4.1 Market Trends
    • 9.4.2 Market Forecast
  • 9.5 Others
    • 9.5.1 Market Trends
    • 9.5.2 Market Forecast

10 Market Breakup by Region

  • 10.1 North America
    • 10.1.1 United States
      • 10.1.1.1 Market Trends
      • 10.1.1.2 Market Forecast
    • 10.1.2 Canada
      • 10.1.2.1 Market Trends
      • 10.1.2.2 Market Forecast
  • 10.2 Asia-Pacific
    • 10.2.1 China
      • 10.2.1.1 Market Trends
      • 10.2.1.2 Market Forecast
    • 10.2.2 Japan
      • 10.2.2.1 Market Trends
      • 10.2.2.2 Market Forecast
    • 10.2.3 India
      • 10.2.3.1 Market Trends
      • 10.2.3.2 Market Forecast
    • 10.2.4 South Korea
      • 10.2.4.1 Market Trends
      • 10.2.4.2 Market Forecast
    • 10.2.5 Australia
      • 10.2.5.1 Market Trends
      • 10.2.5.2 Market Forecast
    • 10.2.6 Indonesia
      • 10.2.6.1 Market Trends
      • 10.2.6.2 Market Forecast
    • 10.2.7 Others
      • 10.2.7.1 Market Trends
      • 10.2.7.2 Market Forecast
  • 10.3 Europe
    • 10.3.1 Germany
      • 10.3.1.1 Market Trends
      • 10.3.1.2 Market Forecast
    • 10.3.2 France
      • 10.3.2.1 Market Trends
      • 10.3.2.2 Market Forecast
    • 10.3.3 United Kingdom
      • 10.3.3.1 Market Trends
      • 10.3.3.2 Market Forecast
    • 10.3.4 Italy
      • 10.3.4.1 Market Trends
      • 10.3.4.2 Market Forecast
    • 10.3.5 Spain
      • 10.3.5.1 Market Trends
      • 10.3.5.2 Market Forecast
    • 10.3.6 Russia
      • 10.3.6.1 Market Trends
      • 10.3.6.2 Market Forecast
    • 10.3.7 Others
      • 10.3.7.1 Market Trends
      • 10.3.7.2 Market Forecast
  • 10.4 Latin America
    • 10.4.1 Brazil
      • 10.4.1.1 Market Trends
      • 10.4.1.2 Market Forecast
    • 10.4.2 Mexico
      • 10.4.2.1 Market Trends
      • 10.4.2.2 Market Forecast
    • 10.4.3 Others
      • 10.4.3.1 Market Trends
      • 10.4.3.2 Market Forecast
  • 10.5 Middle East and Africa
    • 10.5.1 Market Trends
    • 10.5.2 Market Breakup by Country
    • 10.5.3 Market Forecast

11 SWOT Analysis

  • 11.1 Overview
  • 11.2 Strengths
  • 11.3 Weaknesses
  • 11.4 Opportunities
  • 11.5 Threats

12 Value Chain Analysis

13 Porters Five Forces Analysis

  • 13.1 Overview
  • 13.2 Bargaining Power of Buyers
  • 13.3 Bargaining Power of Suppliers
  • 13.4 Degree of Competition
  • 13.5 Threat of New Entrants
  • 13.6 Threat of Substitutes

14 Price Analysis

15 Competitive Landscape

  • 15.1 Market Structure
  • 15.2 Key Players
  • 15.3 Profiles of Key Players
    • 15.3.1 Atos SE
      • 15.3.1.1 Company Overview
      • 15.3.1.2 Product Portfolio
      • 15.3.1.3 Financials
      • 15.3.1.4 SWOT Analysis
    • 15.3.2 Ciena Corporation
      • 15.3.2.1 Company Overview
      • 15.3.2.2 Product Portfolio
      • 15.3.2.3 Financials
      • 15.3.2.4 SWOT Analysis
    • 15.3.3 Cisco Systems Inc.
      • 15.3.3.1 Company Overview
      • 15.3.3.2 Product Portfolio
      • 15.3.3.3 Financials
      • 15.3.3.4 SWOT Analysis
    • 15.3.4 Colt Technology Services Group Limited
      • 15.3.4.1 Company Overview
      • 15.3.4.2 Product Portfolio
      • 15.3.4.3 SWOT Analysis
    • 15.3.5 F5 Networks Inc.
      • 15.3.5.1 Company Overview
      • 15.3.5.2 Product Portfolio
      • 15.3.5.3 Financials
      • 15.3.5.4 SWOT Analysis
    • 15.3.6 International Business Machines Corporation
      • 15.3.6.1 Company Overview
      • 15.3.6.2 Product Portfolio
      • 15.3.6.3 Financials
      • 15.3.6.4 SWOT Analysis
    • 15.3.7 Juniper Networks Inc.
      • 15.3.7.1 Company Overview
      • 15.3.7.2 Product Portfolio
      • 15.3.7.3 Financials
      • 15.3.7.4 SWOT Analysis
    • 15.3.8 Nokia Corporation
      • 15.3.8.1 Company Overview
      • 15.3.8.2 Product Portfolio
      • 15.3.8.3 Financials
      • 15.3.8.4 SWOT Analysis
    • 15.3.9 PacketLight Networks Ltd.
      • 15.3.9.1 Company Overview
      • 15.3.9.2 Product Portfolio
    • 15.3.10 Raytheon Technologies Corporation
      • 15.3.10.1 Company Overview
      • 15.3.10.2 Product Portfolio
      • 15.3.10.3 Financials
      • 15.3.10.4 SWOT Analysis
    • 15.3.11 Rohde & Schwarz GmbH & Co KG
      • 15.3.11.1 Company Overview
      • 15.3.11.2 Product Portfolio
    • 15.3.12 Securosys SA
      • 15.3.12.1 Company Overview
      • 15.3.12.2 Product Portfolio
    • 15.3.13 Senetas Corporation Limited
      • 15.3.13.1 Company Overview
      • 15.3.13.2 Product Portfolio
      • 15.3.13.3 Financials
    • 15.3.14 Thales Group
      • 15.3.14.1 Company Overview
      • 15.3.14.2 Product Portfolio
      • 15.3.14.3 Financials
      • 15.3.14.4 SWOT Analysis
    • 15.3.15 Viasat Inc.
      • 15.3.15.1 Company Overview
      • 15.3.15.2 Product Portfolio
      • 15.3.15.3 Financials
      • 15.3.15.4 SWOT Analysis
Product Code: SR112023A4969

List of Figures

  • Figure 1: Global: Network Encryption Market: Major Drivers and Challenges
  • Figure 2: Global: Network Encryption Market: Sales Value (in Billion US$), 2017-2022
  • Figure 3: Global: Network Encryption Market Forecast: Sales Value (in Billion US$), 2023-2028
  • Figure 4: Global: Network Encryption Market: Breakup by Component (in %), 2022
  • Figure 5: Global: Network Encryption Market: Breakup by Deployment Mode (in %), 2022
  • Figure 6: Global: Network Encryption Market: Breakup by Organization Size (in %), 2022
  • Figure 7: Global: Network Encryption Market: Breakup by End Use Industry (in %), 2022
  • Figure 8: Global: Network Encryption Market: Breakup by Region (in %), 2022
  • Figure 9: Global: Network Encryption (Hardware) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 10: Global: Network Encryption (Hardware) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 11: Global: Network Encryption (Solutions and Services) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 12: Global: Network Encryption (Solutions and Services) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 13: Global: Network Encryption (Cloud-based) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 14: Global: Network Encryption (Cloud-based) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 15: Global: Network Encryption (On-premises) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 16: Global: Network Encryption (On-premises) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 17: Global: Network Encryption (Small and Medium-sized Enterprises) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 18: Global: Network Encryption (Small and Medium-sized Enterprises) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 19: Global: Network Encryption (Large Enterprises) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 20: Global: Network Encryption (Large Enterprises) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 21: Global: Network Encryption (Telecom and IT) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 22: Global: Network Encryption (Telecom and IT) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 23: Global: Network Encryption (BFSI) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 24: Global: Network Encryption (BFSI) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 25: Global: Network Encryption (Government) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 26: Global: Network Encryption (Government) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 27: Global: Network Encryption (Media and Entertainment) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 28: Global: Network Encryption (Media and Entertainment) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 29: Global: Network Encryption (Other End Use Industries) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 30: Global: Network Encryption (Other End Use Industries) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 31: North America: Network Encryption Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 32: North America: Network Encryption Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 33: United States: Network Encryption Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 34: United States: Network Encryption Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 35: Canada: Network Encryption Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 36: Canada: Network Encryption Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 37: Asia-Pacific: Network Encryption Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 38: Asia-Pacific: Network Encryption Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 39: China: Network Encryption Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 40: China: Network Encryption Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 41: Japan: Network Encryption Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 42: Japan: Network Encryption Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 43: India: Network Encryption Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 44: India: Network Encryption Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 45: South Korea: Network Encryption Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 46: South Korea: Network Encryption Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 47: Australia: Network Encryption Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 48: Australia: Network Encryption Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 49: Indonesia: Network Encryption Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 50: Indonesia: Network Encryption Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 51: Others: Network Encryption Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 52: Others: Network Encryption Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 53: Europe: Network Encryption Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 54: Europe: Network Encryption Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 55: Germany: Network Encryption Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 56: Germany: Network Encryption Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 57: France: Network Encryption Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 58: France: Network Encryption Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 59: United Kingdom: Network Encryption Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 60: United Kingdom: Network Encryption Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 61: Italy: Network Encryption Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 62: Italy: Network Encryption Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 63: Spain: Network Encryption Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 64: Spain: Network Encryption Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 65: Russia: Network Encryption Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 66: Russia: Network Encryption Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 67: Others: Network Encryption Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 68: Others: Network Encryption Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 69: Latin America: Network Encryption Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 70: Latin America: Network Encryption Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 71: Brazil: Network Encryption Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 72: Brazil: Network Encryption Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 73: Mexico: Network Encryption Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 74: Mexico: Network Encryption Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 75: Others: Network Encryption Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 76: Others: Network Encryption Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 77: Middle East and Africa: Network Encryption Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 78: Middle East and Africa: Network Encryption Market: Breakup by Country (in %), 2022
  • Figure 79: Middle East and Africa: Network Encryption Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 80: Global: Network Encryption Industry: SWOT Analysis
  • Figure 81: Global: Network Encryption Industry: Value Chain Analysis
  • Figure 82: Global: Network Encryption Industry: Porter's Five Forces Analysis

List of Tables

  • Table 1: Global: Network Encryption Market: Key Industry Highlights, 2022 and 2028
  • Table 2: Global: Network Encryption Market Forecast: Breakup by Component (in Million US$), 2023-2028
  • Table 3: Global: Network Encryption Market Forecast: Breakup by Deployment Mode (in Million US$), 2023-2028
  • Table 4: Global: Network Encryption Market Forecast: Breakup by Organization Size (in Million US$), 2023-2028
  • Table 5: Global: Network Encryption Market Forecast: Breakup by End Use Industry (in Million US$), 2023-2028
  • Table 6: Global: Network Encryption Market Forecast: Breakup by Region (in Million US$), 2023-2028
  • Table 7: Global: Network Encryption Market: Competitive Structure
  • Table 8: Global: Network Encryption Market: Key Players
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