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PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1133247

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PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1133247

Encryption Software Market- By Organization Size, By Application, By Component, By Industry Vertical -Regional Outlook, Competitive Strategies and Segment Forecasts to 2030

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According to SPER Market Research, the Global Encryption Software Market is estimated to reach USD 40.81 billion by 2030 with a CAGR of 15.8%.

The market study of the global encryption software market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to break down the market into various segments, derive the total market size, market forecast, and growth rate. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. Based on the industry, the global encryption software market is further segmented into BFSI, IT & telecom, government, retail & e-commerce, and others.

The increase in the high adoption of cloud and virtualization technologies is significantly driving the growth of the encryption software market. This data when transferred needs security and protection that is given by the encryption software. Hence the increase in the adoption of cloud and virtualization technologies by companies is expected to propel the growth of encryption software going forward.

The IT & telecom segment is estimated to have a considerable share in the market owing to the growing adoption of data encryption software coupled with increasing data security concerns in the industry across the globe. Among, region North America is projected to have a considerable share in the global encryption software market.

Impact of COVID-19 on the Global Encryption Software Market

The report delivers insights on COVID-19 considering the changes in consumer behaviour and demand, purchasing patterns, re-routing of the supply chain, dynamics of current market forces, and the significant interventions of governments.

Scope of the report:

Report Metric Details

Market size available for years 2019-2030

Base year considered 2021

Forecast period 2022-2030

Segments covered By Organization Size, By Application, By Component, By Industry Vertical

Geographies covered North America, Europe, Asia Pacific, Latin America, Middle East & Africa

Companies Covered Broadcom Inc., Bitdefender S.R.L., Bloombase Inc., Check Point Software Technologies Ltd., Cryptomathic, Cipher Cloud Inc., Cisco Systems Inc., Fortinet Inc., IBM Corp., Intel Corp., Microsoft Corp., Micro Focus International plc., McAfee LLC, Oracle Corp., Sophos Ltd., Stormshield, Thales Group, Trend Micro Inc., WinMagic.

Global Encryption Software Market, By Organization Size:

Based on the Organization Size, Global Encryption Software Market is segmented as; Large Enterprises, Small and Medium Enterprises.

Global Encryption Software Market, By Application:

Based on the Application, Global Encryption Software Market is segmented as; Disc Encryption, File/Folder Encryption, Database Encryption, Communication Encryption, Cloud Encryption.

Global Encryption Software Market, By Component:

Based on the Component, Global Encryption Software Market is segmented as; Software, Service.

Global Encryption Software Market, By Industry Vertical:

Based on the Industry Vertical, Global Encryption Software Market is segmented as; IT and Telecommunications, Banking, Finance, Security, and Insurance (BFSI), Healthcare and Life Sciences, Manufacturing, Government, Energy and Utilities, Other Industry Verticals.

Global Encryption Software Market, By Region:

North America was the largest region in the encryption software market in 2021. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the encryption software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

Product Code: IACT2208

Table of Contents

1. Introduction

  • 1.1. Scope of the report
  • 1.2. Market segment analysis

2. Research Methodology

  • 2.1 Research data source
    • 2.1.1 Secondary data
    • 2.1.2 Primary data
    • 2.1.3 SPER's internal database
    • 2.1.4 Premium insight from KOL's
  • 2.2 Market size estimation
    • 2.2.1 Top-down and Bottom-up approach
  • 2.3 Data triangulation

3. Executive Summary

4. Market Dynamics

  • 4.1. Driver, Restraint, Opportunity and Challenges analysis
    • 4.1.1 Drivers
    • 4.1.2 Restraints
    • 4.1.3 Opportunities
    • 4.1.4 Challenges
  • 4.2. COVID-19 Impacts of the Global Encryption Software Market

5. Market variables and outlook

  • 5.1. SWOT analysis
    • 5.1.1 Strengths
    • 5.1.2 Weaknesses
    • 5.1.3 Opportunities
    • 5.1.4 Threats
  • 5.2. PESTEL analysis
    • 5.2.1 Political landscape
    • 5.2.2 Economic landscape
    • 5.2.3 Social landscape
    • 5.2.4 Technological landscape
    • 5.2.5 Environmental landscape
    • 5.2.6 Legal landscape
  • 5.3. PORTER'S five forces analysis
    • 5.3.1 Bargaining power of suppliers
    • 5.3.2 Bargaining power of Buyers
    • 5.3.3 Threat of Substitute
    • 5.3.4 Threat of new entrant
    • 5.3.5 Competitive rivalry
  • 5.4. Heat map analysis

6. Global Encryption Software Market, By Organization Size, 2019-2030 (USD Million)

  • 6.1. Large Enterprises
  • 6.2. Small and Medium Enterprises

7. Global Encryption Software Market, By Application, 2019-2030 (USD Million)

  • 7.1. Disc Encryption
  • 7.2. File/Folder Encryption
  • 7.3. Database Encryption
  • 7.4. Communication Encryption
  • 7.5. Cloud Encryption

8. Global Encryption Software Market, By Component, 2019-2030 (USD Million)

  • 8.1. Software
  • 8.2. Service

9. Global Encryption Software Market, By Industry Vertical, 2019-2030 (USD Million)

  • 9.1. IT and Telecommunications
  • 9.2. Banking, Finance, Security, and Insurance (BFSI)
  • 9.3. Healthcare and Life Sciences
  • 9.4. Manufacturing
  • 9.5. Government
  • 9.6. Energy and Utilities
  • 9.7. Other Industry Verticals

10. Global Encryption Software Market, By Region, 2019-2030 (USD Million)

  • 10.1. North America
    • 10.1.1. United States
    • 10.1.2. Canada
    • 10.1.3. Mexico
  • 10.2. Europe
    • 10.2.1. Germany
    • 10.2.2. United Kingdom
    • 10.2.3. France
    • 10.2.4. Italy
    • 10.2.5. Spain
    • 10.2.6. Rest of Europe
  • 10.3. Asia-Pacific
    • 10.3.1. China
    • 10.3.2. Japan
    • 10.3.3. India
    • 10.3.4. Australia
    • 10.3.5. South Korea
    • 10.3.6. Rest of Asia-Pacific
  • 10.4. South America
    • 10.4.1. Brazil
    • 10.4.2. Argentina
    • 10.4.3. Rest of South America
  • 10.5. Middle East & Africa
    • 10.5.1. Kingdom of Saudi Arabia
    • 10.5.2. United Arab Emirates
    • 10.5.3. Rest of Middle East & Africa

11. Company Profiles

  • 11.1. Broadcom Inc.
    • 11.1.1. Company details
    • 11.1.2. Financial outlook
    • 11.1.3. Product summary
    • 11.1.4. Recent developments
  • 11.2. Bitdefender S.R.L.
    • 11.2.1. Company details
    • 11.2.2. Financial outlook
    • 11.2.3. Product summary
    • 11.2.4. Recent developments
  • 11.3. Bloombase Inc.
    • 11.3.1. Company details
    • 11.3.2. Financial outlook
    • 11.3.3. Product summary
    • 11.3.4. Recent developments
  • 11.4. Check Point Software Technologies Ltd.
    • 11.4.1. Company details
    • 11.4.2. Financial outlook
    • 11.4.3. Product summary
    • 11.4.4. Recent developments
  • 11.5. Cryptomathic
    • 11.5.1. Company details
    • 11.5.2. Financial outlook
    • 11.5.3. Product summary
    • 11.5.4. Recent development
  • 11.6. Cipher Cloud Inc.
    • 11.6.1. Company details
    • 11.6.2. Financial outlook
    • 11.6.3. Product summary
    • 11.6.4. Recent developments
  • 11.7. Cisco Systems Inc.
    • 11.7.1. Company details
    • 11.7.2. Financial outlook
    • 11.7.3. Product summary
    • 11.7.4. Recent developments
  • 11.8. Fortinet Inc.
    • 11.8.1. Company details
    • 11.8.2. Financial outlook
    • 11.8.3. Product summary
    • 11.8.4. Recent developments
  • 11.9. IBM Corp.
    • 11.9.1. Company details
    • 11.9.2. Financial outlook
    • 11.9.3. Product summary
    • 11.9.4. Recent developments
  • 11.10. Inter Corp.
    • 11.10.1. Company details
    • 11.10.2. Financial outlook
    • 11.10.3. Product summary
    • 11.10.4. Recent developments
  • 11.11. Microsoft Corp.
    • 11.11.1. Company details
    • 11.11.2. Financial outlook
    • 11.11.3. Product summary
    • 11.11.4. Recent developments
  • 11.12. Micro Focus International PLC.
    • 11.12.1. Company details
    • 11.12.2. Financial outlook
    • 11.12.3. Product summary
    • 11.12.4. Recent developments
  • 11.13. McAfee LLC.
    • 11.13.1. Company details
    • 11.13.2. Financial outlook
    • 11.13.3. Product summary
    • 11.13.4. Recent developments
  • 11.14. Oracle Corp.
    • 11.14.1. Company details
    • 11.14.2. Financial outlook
    • 11.14.3. Product summary
    • 11.14.4. Recent developments
  • 11.15. Sophos Ltd.
    • 11.15.1. Company details
    • 11.15.2. Financial outlook
    • 11.15.3. Product summary
    • 11.15.4. Recent developments
  • 11.16. Stormshield
    • 11.16.1. Company details
    • 11.16.2. Financial outlook
    • 11.16.3. Product summary
    • 11.16.4. Recent developments
  • 11.17. Thales Group
    • 11.17.1. Company details
    • 11.17.2. Financial outlook
    • 11.17.3. Product summary
    • 11.17.4. Recent developments
  • 11.18. Trend Micro Inc.
    • 11.18.1. Company details
    • 11.18.2. Financial outlook
    • 11.18.3. Product summary
    • 11.18.4. Recent developments
  • 11.19. WinMagic
    • 11.19.1. Company details
    • 11.19.2. Financial outlook
    • 11.19.3. Product summary
    • 11.19.4. Recent developments
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