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Encryption Software Market By Component, By Deployment Model, By Enterprise Size, By Function, By Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2020-2030

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    Report

  • 313 Pages
  • March 2022
  • Region: Global
  • Allied Market Research
  • ID: 5640319
Encryption software is an application platform that helps in encryption and decryption of data stream at rest or in transit. It helps in protecting the content of file, network packet & application, and provides security from unauthorized users. In addition, many organizations use encryption software to protect digital data confidentiality as it is stored on the organizations systems and transmitted using different network. Furthermore, encryption software provides different advantages such as it increases the integrity and security of the data when an employee is working remotely. Moreover, adoption of encryption software among small and mid-size enterprises (SMEs) to improve data security of organizations propels the growth of the market.

Rise in number of complexity & data breaches and increase in compliance regulation among organizations drive the growth of the market. In addition, surge in adoption of bring your own device (BYOD) and increase in mobility fuel the growth of the market. However, lack of awareness about encryption software and limited use of encrypted device in some countries hamper the growth of the market. Conversely, rise in demand for cloud-based encryption software is expected to provide lucrative opportunities for the growth of the market. For instance, in October 2020, Software AG, a software company headquartered in Germany, faced a ransomware attack that elevated the internal system shut down and forced communications to go offline. Therefore, the demand for encryption solutions is anticipated to surge during the COVID-19 pandemic.

The encryption software market is segmented on the basis of component, deployment model, enterprise size, function, industry vertical, and region. Depending on component, it is bifurcated into software and service. According to deployment model, it is divided into on-premise and cloud. By enterprise size, it is categorized into large enterprises and small-and medium-sized enterprises (SMEs).As per the function, it is classified into disk encryption, communication encryption, file/folder encryption, and cloud encryption. On the basis of industry vertical, it is classified into banking, financial services, and insurance sector (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.

Key Benefits For Stakeholders

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the encryption software market forecast analysis from 2020 to 2030 to identify the prevailing encryption software market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the encryption software market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global encryption software market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments


BY COMPONENT

  • Software
  • Service

BY DEPLOYMENT MODEL

  • On-Premise
  • Cloud

BY ENTERPRISE SIZE

  • Large Enterprises
  • Small Medium Enterprises

BY FUNCTION

  • Disk Encryption
  • Communication Encryption
  • File/Folder Encryption
  • Cloud Encryption

BY INDUSTRY VERTICAL

  • Banking, Financial Services, and Insurance (BFSI)
  • IT/Telecom
  • Government Public
  • Retail
  • Healthcare
  • Aerospace Defense
  • Media 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

  • 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.
  • Trend Micro Incorporated

Table of Contents

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. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter’s five forces analysis
3.4. Top player positioning
3.5. Market dynamics
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities
3.6. COVID-19 Impact Analysis on the market
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 analysis by country
4.3 Service
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market analysis by country
CHAPTER 5: ENCRYPTION SOFTWARE MARKET, BY DEPLOYMENT MODEL
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 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 analysis by country
CHAPTER 6: ENCRYPTION SOFTWARE MARKET, BY ENTERPRISE SIZE
6.1 Overview
6.1.1 Market size and forecast
6.2 Large Enterprises
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market analysis by country
6.3 Small & Medium Enterprises
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market 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 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 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 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 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 analysis by country
8.3 It & Telecommunications
8.3.1 Key market trends, growth factors and opportunities
8.3.2 Market size and forecast, by region
8.3.3 Market analysis by country
8.4 Government & 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 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 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 analysis by country
8.7 Aerospace & Defense
8.7.1 Key market trends, growth factors and opportunities
8.7.2 Market size and forecast, by region
8.7.3 Market analysis by country
8.8 Media & Entertainment
8.8.1 Key market trends, growth factors and opportunities
8.8.2 Market size and forecast, by region
8.8.3 Market 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 analysis by country
CHAPTER 9: ENCRYPTION SOFTWARE MARKET, BY REGION
9.1 Overview
9.1.1 Market size and forecast
9.2 North America
9.2.1 Key trends and opportunities
9.2.2 North America Market size and forecast, by Component
9.2.3 North America Market size and forecast, by Deployment Model
9.2.4 North America Market size and forecast, by Enterprise Size
9.2.5 North America Market size and forecast, by Function
9.2.6 North America Market size and forecast, by Industry Vertical
9.2.7 North America 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 Model
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 Model
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 trends and opportunities
9.3.2 Europe Market size and forecast, by Component
9.3.3 Europe Market size and forecast, by Deployment Model
9.3.4 Europe Market size and forecast, by Enterprise Size
9.3.5 Europe Market size and forecast, by Function
9.3.6 Europe Market size and forecast, by Industry Vertical
9.3.7 Europe Market size and forecast, by country
9.3.7.1 United Kingdom
9.3.7.1.1 Market size and forecast, by Component
9.3.7.1.2 Market size and forecast, by Deployment Model
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 Model
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 Model
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 Model
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 Model
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 Model
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 trends and opportunities
9.4.2 Asia-Pacific Market size and forecast, by Component
9.4.3 Asia-Pacific Market size and forecast, by Deployment Model
9.4.4 Asia-Pacific Market size and forecast, by Enterprise Size
9.4.5 Asia-Pacific Market size and forecast, by Function
9.4.6 Asia-Pacific Market size and forecast, by Industry Vertical
9.4.7 Asia-Pacific 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 Model
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 Model
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 Model
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 Model
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 Model
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 Model
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 trends and opportunities
9.5.2 LAMEA Market size and forecast, by Component
9.5.3 LAMEA Market size and forecast, by Deployment Model
9.5.4 LAMEA Market size and forecast, by Enterprise Size
9.5.5 LAMEA Market size and forecast, by Function
9.5.6 LAMEA Market size and forecast, by Industry Vertical
9.5.7 LAMEA 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 Model
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 Model
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 Model
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: COMPANY 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. Key developments
CHAPTER 11: COMPANY PROFILES
11.1 Amazon Web Services, Inc. (AWS)
11.1.1 Company overview
11.1.2 Company snapshot
11.1.3 Operating business segments
11.1.4 Product portfolio
11.1.5 Business performance
11.1.6 Key strategic moves and developments
11.2 Check Point Software Technologies
11.2.1 Company overview
11.2.2 Company snapshot
11.2.3 Operating business segments
11.2.4 Product portfolio
11.2.5 Business performance
11.2.6 Key strategic moves and developments
11.3 Cisco System, Inc.
11.3.1 Company overview
11.3.2 Company snapshot
11.3.3 Operating business segments
11.3.4 Product portfolio
11.3.5 Business performance
11.3.6 Key strategic moves and developments
11.4 F-Secure
11.4.1 Company overview
11.4.2 Company snapshot
11.4.3 Operating business segments
11.4.4 Product portfolio
11.4.5 Business performance
11.4.6 Key strategic moves and developments
11.5 Fortinet, Inc.
11.5.1 Company overview
11.5.2 Company snapshot
11.5.3 Operating business segments
11.5.4 Product portfolio
11.5.5 Business performance
11.5.6 Key strategic moves and developments
11.6 IBM Corporation
11.6.1 Company overview
11.6.2 Company snapshot
11.6.3 Operating business segments
11.6.4 Product portfolio
11.6.5 Business performance
11.6.6 Key strategic moves and developments
11.7 Microsoft Corporation
11.7.1 Company overview
11.7.2 Company snapshot
11.7.3 Operating business segments
11.7.4 Product portfolio
11.7.5 Business performance
11.7.6 Key strategic moves and developments
11.8 Oracle Corporation
11.8.1 Company overview
11.8.2 Company snapshot
11.8.3 Operating business segments
11.8.4 Product portfolio
11.8.5 Business performance
11.8.6 Key strategic moves and developments
11.9 Palo Alto Networks, Inc.
11.9.1 Company overview
11.9.2 Company snapshot
11.9.3 Operating business segments
11.9.4 Product portfolio
11.9.5 Business performance
11.9.6 Key strategic moves and developments
11.10 Trend Micro Incorporated
11.10.1 Company overview
11.10.2 Company snapshot
11.10.3 Operating business segments
11.10.4 Product portfolio
11.10.5 Business performance
11.10.6 Key strategic moves and developments
LIST OF TABLES
Table 1. Global Encryption Software Market, by Component, 2020-2030, ($Million)
Table 2. Encryption Software Market Revenue, for Software, by Region, 2020-2030, ($Million)
Table 3. Encryption Software Market Software by Country, 2020-2030, ($Million)
Table 4. Encryption Software Market Revenue, for Service, by Region, 2020-2030, ($Million)
Table 5. Encryption Software Market Service by Country, 2020-2030, ($Million)
Table 6. Global Encryption Software Market, by Deployment Model, 2020-2030, ($Million)
Table 7. Encryption Software Market Revenue, for On-Premise, by Region, 2020-2030, ($Million)
Table 8. Encryption Software Market On-Premise by Country, 2020-2030, ($Million)
Table 9. Encryption Software Market Revenue, for Cloud, by Region, 2020-2030, ($Million)
Table 10. Encryption Software Market Cloud by Country, 2020-2030, ($Million)
Table 11. Global Encryption Software Market, by Enterprise Size, 2020-2030, ($Million)
Table 12. Encryption Software Market Revenue, for Large Enterprises, by Region, 2020-2030, ($Million)
Table 13. Encryption Software Market Large Enterprises by Country, 2020-2030, ($Million)
Table 14. Encryption Software Market Revenue, for Small & Medium Enterprises, by Region, 2020-2030, ($Million)
Table 15. Encryption Software Market Small & Medium Enterprises by Country, 2020-2030, ($Million)
Table 16. Global Encryption Software Market, by Function, 2020-2030, ($Million)
Table 17. Encryption Software Market Revenue, for Disk Encryption, by Region, 2020-2030, ($Million)
Table 18. Encryption Software Market Disk Encryption by Country, 2020-2030, ($Million)
Table 19. Encryption Software Market Revenue, for Communication Encryption, by Region, 2020-2030, ($Million)
Table 20. Encryption Software Market Communication Encryption by Country, 2020-2030, ($Million)
Table 21. Encryption Software Market Revenue, for File/Folder Encryption, by Region, 2020-2030, ($Million)
Table 22. Encryption Software Market File/Folder Encryption by Country, 2020-2030, ($Million)
Table 23. Encryption Software Market Revenue, for Cloud Encryption, by Region, 2020-2030, ($Million)
Table 24. Encryption Software Market Cloud Encryption by Country, 2020-2030, ($Million)
Table 25. Global Encryption Software Market, by Industry Vertical, 2020-2030, ($Million)
Table 26. Encryption Software Market Revenue, for Bfsi, by Region, 2020-2030, ($Million)
Table 27. Encryption Software Market Bfsi by Country, 2020-2030, ($Million)
Table 28. Encryption Software Market Revenue, for It & Telecommunications, by Region, 2020-2030, ($Million)
Table 29. Encryption Software Market It & Telecommunications by Country, 2020-2030, ($Million)
Table 30. Encryption Software Market Revenue, for Government & Public Sector, by Region, 2020-2030, ($Million)
Table 31. Encryption Software Market Government & Public Sector by Country, 2020-2030, ($Million)
Table 32. Encryption Software Market Revenue, for Retail, by Region, 2020-2030, ($Million)
Table 33. Encryption Software Market Retail by Country, 2020-2030, ($Million)
Table 34. Encryption Software Market Revenue, for Healthcare, by Region, 2020-2030, ($Million)
Table 35. Encryption Software Market Healthcare by Country, 2020-2030, ($Million)
Table 36. Encryption Software Market Revenue, for Aerospace & Defense, by Region, 2020-2030, ($Million)
Table 37. Encryption Software Market Aerospace & Defense by Country, 2020-2030, ($Million)
Table 38. Encryption Software Market Revenue, for Media & Entertainment, by Region, 2020-2030, ($Million)
Table 39. Encryption Software Market Media & Entertainment by Country, 2020-2030, ($Million)
Table 40. Encryption Software Market Revenue, for Others, by Region, 2020-2030, ($Million)
Table 41. Encryption Software Market Others by Country, 2020-2030, ($Million)
Table 42. Encryption Software Market, by Region, 2020-2030, ($Million)
Table 43. North America Encryption Software Market, by Component, 2020-2030, ($Million)
Table 44. North America Encryption Software Market, by Deployment Model, 2020-2030, ($Million)
Table 45. North America Encryption Software Market, by Enterprise Size, 2020-2030, ($Million)
Table 46. North America Encryption Software Market, by Function, 2020-2030, ($Million)
Table 47. North America Encryption Software Market, by Industry Vertical, 2020-2030, ($Million)
Table 48. North America Encryption Software Market, by Country, 2020-2030, ($Million)
Table 49. U.S. Encryption Software Market by Component 2020-2030, ($Million)
Table 50. U.S. Encryption Software Market by Deployment Model 2020-2030, ($Million)
Table 51. U.S. Encryption Software Market by Enterprise Size 2020-2030, ($Million)
Table 52. U.S. Encryption Software Market by Function 2020-2030, ($Million)
Table 53. U.S. Encryption Software Market by Industry Vertical 2020-2030, ($Million)
Table 54. Canada Encryption Software Market by Component 2020-2030, ($Million)
Table 55. Canada Encryption Software Market by Deployment Model 2020-2030, ($Million)
Table 56. Canada Encryption Software Market by Enterprise Size 2020-2030, ($Million)
Table 57. Canada Encryption Software Market by Function 2020-2030, ($Million)
Table 58. Canada Encryption Software Market by Industry Vertical 2020-2030, ($Million)
Table 59. Europe Encryption Software Market, by Component, 2020-2030, ($Million)
Table 60. Europe Encryption Software Market, by Deployment Model, 2020-2030, ($Million)
Table 61. Europe Encryption Software Market, by Enterprise Size, 2020-2030, ($Million)
Table 62. Europe Encryption Software Market, by Function, 2020-2030, ($Million)
Table 63. Europe Encryption Software Market, by Industry Vertical, 2020-2030, ($Million)
Table 64. Europe Encryption Software Market, by Country, 2020-2030, ($Million)
Table 65. United Kingdom Encryption Software Market by Component 2020-2030, ($Million)
Table 66. United Kingdom Encryption Software Market by Deployment Model 2020-2030, ($Million)
Table 67. United Kingdom Encryption Software Market by Enterprise Size 2020-2030, ($Million)
Table 68. United Kingdom Encryption Software Market by Function 2020-2030, ($Million)
Table 69. United Kingdom Encryption Software Market by Industry Vertical 2020-2030, ($Million)
Table 70. Germany Encryption Software Market by Component 2020-2030, ($Million)
Table 71. Germany Encryption Software Market by Deployment Model 2020-2030, ($Million)
Table 72. Germany Encryption Software Market by Enterprise Size 2020-2030, ($Million)
Table 73. Germany Encryption Software Market by Function 2020-2030, ($Million)
Table 74. Germany Encryption Software Market by Industry Vertical 2020-2030, ($Million)
Table 75. France Encryption Software Market by Component 2020-2030, ($Million)
Table 76. France Encryption Software Market by Deployment Model 2020-2030, ($Million)
Table 77. France Encryption Software Market by Enterprise Size 2020-2030, ($Million)
Table 78. France Encryption Software Market by Function 2020-2030, ($Million)
Table 79. France Encryption Software Market by Industry Vertical 2020-2030, ($Million)
Table 80. Italy Encryption Software Market by Component 2020-2030, ($Million)
Table 81. Italy Encryption Software Market by Deployment Model 2020-2030, ($Million)
Table 82. Italy Encryption Software Market by Enterprise Size 2020-2030, ($Million)
Table 83. Italy Encryption Software Market by Function 2020-2030, ($Million)
Table 84. Italy Encryption Software Market by Industry Vertical 2020-2030, ($Million)
Table 85. Russia Encryption Software Market by Component 2020-2030, ($Million)
Table 86. Russia Encryption Software Market by Deployment Model 2020-2030, ($Million)
Table 87. Russia Encryption Software Market by Enterprise Size 2020-2030, ($Million)
Table 88. Russia Encryption Software Market by Function 2020-2030, ($Million)
Table 89. Russia Encryption Software Market by Industry Vertical 2020-2030, ($Million)
Table 90. Rest of Europe Encryption Software Market by Component 2020-2030, ($Million)
Table 91. Rest of Europe Encryption Software Market by Deployment Model 2020-2030, ($Million)
Table 92. Rest of Europe Encryption Software Market by Enterprise Size 2020-2030, ($Million)
Table 93. Rest of Europe Encryption Software Market by Function 2020-2030, ($Million)
Table 94. Rest of Europe Encryption Software Market by Industry Vertical 2020-2030, ($Million)
Table 95. Asia-Pacific Encryption Software Market, by Component, 2020-2030, ($Million)
Table 96. Asia-Pacific Encryption Software Market, by Deployment Model, 2020-2030, ($Million)
Table 97. Asia-Pacific Encryption Software Market, by Enterprise Size, 2020-2030, ($Million)
Table 98. Asia-Pacific Encryption Software Market, by Function, 2020-2030, ($Million)
Table 99. Asia-Pacific Encryption Software Market, by Industry Vertical, 2020-2030, ($Million)
Table 100. Asia-Pacific Encryption Software Market, by Country, 2020-2030, ($Million)
Table 101. China Encryption Software Market by Component 2020-2030, ($Million)
Table 102. China Encryption Software Market by Deployment Model 2020-2030, ($Million)
Table 103. China Encryption Software Market by Enterprise Size 2020-2030, ($Million)
Table 104. China Encryption Software Market by Function 2020-2030, ($Million)
Table 105. China Encryption Software Market by Industry Vertical 2020-2030, ($Million)
Table 106. Japan Encryption Software Market by Component 2020-2030, ($Million)
Table 107. Japan Encryption Software Market by Deployment Model 2020-2030, ($Million)
Table 108. Japan Encryption Software Market by Enterprise Size 2020-2030, ($Million)
Table 109. Japan Encryption Software Market by Function 2020-2030, ($Million)
Table 110. Japan Encryption Software Market by Industry Vertical 2020-2030, ($Million)
Table 111. India Encryption Software Market by Component 2020-2030, ($Million)
Table 112. India Encryption Software Market by Deployment Model 2020-2030, ($Million)
Table 113. India Encryption Software Market by Enterprise Size 2020-2030, ($Million)
Table 114. India Encryption Software Market by Function 2020-2030, ($Million)
Table 115. India Encryption Software Market by Industry Vertical 2020-2030, ($Million)
Table 116. Australia Encryption Software Market by Component 2020-2030, ($Million)
Table 117. Australia Encryption Software Market by Deployment Model 2020-2030, ($Million)
Table 118. Australia Encryption Software Market by Enterprise Size 2020-2030, ($Million)
Table 119. Australia Encryption Software Market by Function 2020-2030, ($Million)
Table 120. Australia Encryption Software Market by Industry Vertical 2020-2030, ($Million)
Table 121. South Korea Encryption Software Market by Component 2020-2030, ($Million)
Table 122. South Korea Encryption Software Market by Deployment Model 2020-2030, ($Million)
Table 123. South Korea Encryption Software Market by Enterprise Size 2020-2030, ($Million)
Table 124. South Korea Encryption Software Market by Function 2020-2030, ($Million)
Table 125. South Korea Encryption Software Market by Industry Vertical 2020-2030, ($Million)
Table 126. Rest of Asia-Pacific Encryption Software Market by Component 2020-2030, ($Million)
Table 127. Rest of Asia-Pacific Encryption Software Market by Deployment Model 2020-2030, ($Million)
Table 128. Rest of Asia-Pacific Encryption Software Market by Enterprise Size 2020-2030, ($Million)
Table 129. Rest of Asia-Pacific Encryption Software Market by Function 2020-2030, ($Million)
Table 130. Rest of Asia-Pacific Encryption Software Market by Industry Vertical 2020-2030, ($Million)
Table 131. LAMEA Encryption Software Market, by Component, 2020-2030, ($Million)
Table 132. LAMEA Encryption Software Market, by Deployment Model, 2020-2030, ($Million)
Table 133. LAMEA Encryption Software Market, by Enterprise Size, 2020-2030, ($Million)
Table 134. LAMEA Encryption Software Market, by Function, 2020-2030, ($Million)
Table 135. LAMEA Encryption Software Market, by Industry Vertical, 2020-2030, ($Million)
Table 136. LAMEA Encryption Software Market, by Country, 2020-2030, ($Million)
Table 137. Latin America Encryption Software Market by Component 2020-2030, ($Million)
Table 138. Latin America Encryption Software Market by Deployment Model 2020-2030, ($Million)
Table 139. Latin America Encryption Software Market by Enterprise Size 2020-2030, ($Million)
Table 140. Latin America Encryption Software Market by Function 2020-2030, ($Million)
Table 141. Latin America Encryption Software Market by Industry Vertical 2020-2030, ($Million)
Table 142. Middle East Encryption Software Market by Component 2020-2030, ($Million)
Table 143. Middle East Encryption Software Market by Deployment Model 2020-2030, ($Million)
Table 144. Middle East Encryption Software Market by Enterprise Size 2020-2030, ($Million)
Table 145. Middle East Encryption Software Market by Function 2020-2030, ($Million)
Table 146. Middle East Encryption Software Market by Industry Vertical 2020-2030, ($Million)
Table 147. Africa Encryption Software Market by Component 2020-2030, ($Million)
Table 148. Africa Encryption Software Market by Deployment Model 2020-2030, ($Million)
Table 149. Africa Encryption Software Market by Enterprise Size 2020-2030, ($Million)
Table 150. Africa Encryption Software Market by Function 2020-2030, ($Million)
Table 151. Africa Encryption Software Market by Industry Vertical 2020-2030, ($Million)
Table 152. Amazon Web Services, Inc. (Aws): Company Snapshot
Table 153. Amazon Web Services, Inc. (Aws): Operating Segments
Table 154. Amazon Web Services, Inc. (Aws): Product Portfolio
Table 155. Amazon Web Services, Inc. (Aws): Net Sales
Table 156. Amazon Web Services, Inc. (Aws): Key Stratergies
Table 157. Check Point Software Technologies: Company Snapshot
Table 158. Check Point Software Technologies: Operating Segments
Table 159. Check Point Software Technologies: Product Portfolio
Table 160. Check Point Software Technologies: Net Sales
Table 161. Check Point Software Technologies: Key Stratergies
Table 162. Cisco System, Inc.: Company Snapshot
Table 163. Cisco System, Inc.: Operating Segments
Table 164. Cisco System, Inc.: Product Portfolio
Table 165. Cisco System, Inc.: Net Sales
Table 166. Cisco System, Inc.: Key Stratergies
Table 167. F-Secure: Company Snapshot
Table 168. F-Secure: Operating Segments
Table 169. F-Secure: Product Portfolio
Table 170. F-Secure: Net Sales
Table 171. F-Secure: Key Stratergies
Table 172. Fortinet, Inc.: Company Snapshot
Table 173. Fortinet, Inc.: Operating Segments
Table 174. Fortinet, Inc.: Product Portfolio
Table 175. Fortinet, Inc.: Net Sales
Table 176. Fortinet, Inc.: Key Stratergies
Table 177. Ibm Corporation: Company Snapshot
Table 178. Ibm Corporation: Operating Segments
Table 179. Ibm Corporation: Product Portfolio
Table 180. Ibm Corporation: Net Sales
Table 181. Ibm Corporation: Key Stratergies
Table 182. Microsoft Corporation: Company Snapshot
Table 183. Microsoft Corporation: Operating Segments
Table 184. Microsoft Corporation: Product Portfolio
Table 185. Microsoft Corporation: Net Sales
Table 186. Microsoft Corporation: Key Stratergies
Table 187. Oracle Corporation: Company Snapshot
Table 188. Oracle Corporation: Operating Segments
Table 189. Oracle Corporation: Product Portfolio
Table 190. Oracle Corporation: Net Sales
Table 191. Oracle Corporation: Key Stratergies
Table 192. Palo Alto Networks, Inc.: Company Snapshot
Table 193. Palo Alto Networks, Inc.: Operating Segments
Table 194. Palo Alto Networks, Inc.: Product Portfolio
Table 195. Palo Alto Networks, Inc.: Net Sales
Table 196. Palo Alto Networks, Inc.: Key Stratergies
Table 197. Trend Micro Incorporated: Company Snapshot
Table 198. Trend Micro Incorporated: Operating Segments
Table 199. Trend Micro Incorporated: Product Portfolio
Table 200. Trend Micro Incorporated: Net Sales
Table 201. Trend Micro Incorporated: Key Stratergies
LIST OF FIGURES
Figure 1. Encryption Software Market Segmentation
Figure 2. Encryption Software Market, 2020-2030
Figure 3. Encryption Software Market, 2020-2030
Figure 4. Top Investment Pockets, by Region
Figure 5. Porter Five-1
Figure 6. Porter Five-2
Figure 7. Porter Five-3
Figure 8. Porter Five-4
Figure 9. Porter Five-5
Figure 10. Top Player Positioning
Figure 11. Encryption Software Market:Drivers, Restraints and Opportunities
Figure 11. Encryption Software Market, by Component, 2020 (%)
Figure 12. Comparative Share Analysis of Software Encryption Software Market, 2020-2030 (%)
Figure 13. Comparative Share Analysis of Service Encryption Software Market, 2020-2030 (%)
Figure 14. Encryption Software Market, by Deployment Model, 2020 (%)
Figure 15. Comparative Share Analysis of On-Premise Encryption Software Market, 2020-2030 (%)
Figure 16. Comparative Share Analysis of Cloud Encryption Software Market, 2020-2030 (%)
Figure 17. Encryption Software Market, by Enterprise Size, 2020 (%)
Figure 18. Comparative Share Analysis of Large Enterprises Encryption Software Market, 2020-2030 (%)
Figure 19. Comparative Share Analysis of Small & Medium Enterprises Encryption Software Market, 2020-2030 (%)
Figure 20. Encryption Software Market, by Function, 2020 (%)
Figure 21. Comparative Share Analysis of Disk Encryption Encryption Software Market, 2020-2030 (%)
Figure 22. Comparative Share Analysis of Communication Encryption Encryption Software Market, 2020-2030 (%)
Figure 23. Comparative Share Analysis of File/Folder Encryption Encryption Software Market, 2020-2030 (%)
Figure 24. Comparative Share Analysis of Cloud Encryption Encryption Software Market, 2020-2030 (%)
Figure 25. Encryption Software Market, by Industry Vertical, 2020 (%)
Figure 26. Comparative Share Analysis of Bfsi Encryption Software Market, 2020-2030 (%)
Figure 27. Comparative Share Analysis of IT & Telecommunications Encryption Software Market, 2020-2030 (%)
Figure 28. Comparative Share Analysis of Government & Public Sector Encryption Software Market, 2020-2030 (%)
Figure 29. Comparative Share Analysis of Retail Encryption Software Market, 2020-2030 (%)
Figure 30. Comparative Share Analysis of Healthcare Encryption Software Market, 2020-2030 (%)
Figure 31. Comparative Share Analysis of Aerospace & Defense Encryption Software Market, 2020-2030 (%)
Figure 32. Comparative Share Analysis of Media & Entertainment Encryption Software Market, 2020-2030 (%)
Figure 33. Comparative Share Analysis of Others Encryption Software Market, 2020-2030 (%)
Figure 34. Encryption Software Market by Region, 2020
Figure 35. U.S. Encryption Software Market, 2020-2030 ($Million)
Figure 36. Canada Encryption Software Market, 2020-2030 ($Million)
Figure 37. United Kingdom Encryption Software Market, 2020-2030 ($Million)
Figure 38. Germany Encryption Software Market, 2020-2030 ($Million)
Figure 39. France Encryption Software Market, 2020-2030 ($Million)
Figure 40. Italy Encryption Software Market, 2020-2030 ($Million)
Figure 41. Russia Encryption Software Market, 2020-2030 ($Million)
Figure 42. Rest of Europe Encryption Software Market, 2020-2030 ($Million)
Figure 43. China Encryption Software Market, 2020-2030 ($Million)
Figure 44. Japan Encryption Software Market, 2020-2030 ($Million)
Figure 45. India Encryption Software Market, 2020-2030 ($Million)
Figure 46. Australia Encryption Software Market, 2020-2030 ($Million)
Figure 47. South Korea Encryption Software Market, 2020-2030 ($Million)
Figure 48. Rest of Asia-Pacific Encryption Software Market, 2020-2030 ($Million)
Figure 49. Latin America Encryption Software Market, 2020-2030 ($Million)
Figure 50. Middle East Encryption Software Market, 2020-2030 ($Million)
Figure 51. Africa Encryption Software Market, 2020-2030 ($Million)
Figure 52. Top Winning Strategies, by Year
Figure 53. Top Winning Strategies, by Development
Figure 54. Top Winning Strategies, by Company
Figure 55. Product Mapping of Top 10 Players
Figure 56. Competitive Dashboard
Figure 57. Competitive Heatmap of Top 10 Key Players
Figure 58. Amazon Web Services, Inc. (Aws).: Net Sales, ($Million)
Figure 59. Check Point Software Technologies.: Net Sales, ($Million)
Figure 60. Cisco System, Inc. Net Sales, ($Million)
Figure 61. F-Secure.: Net Sales, ($Million)
Figure 62. Fortinet, Inc. Net Sales, ($Million)
Figure 63. IBM Corporation.: Net Sales, ($Million)
Figure 64. Microsoft Corporation.: Net Sales, ($Million)
Figure 65. Oracle Corporation.: Net Sales, ($Million)
Figure 66. Palo Alto Networks, Inc. Net Sales, ($Million)
Figure 67. Trend Micro Incorporated.: Net Sales, ($Million)

Executive Summary

According to this report titled, 'Encryption Software Market,' the encryption software market was valued at $9.4 billion in 2020, and is estimated to reach $42.3 billion by 2030, growing at a CAGR of 16.5% from 2021 to 2030.

The main purpose of encryption tools is to protect the confidentiality of the data stored in files/folders & disks and the data transfer over wireless network or data-in-transit, depending upon the security and compliance requirements of an organization. This is achieved by converting a message or plain text into coded message called the cipher text so that only the authorized parties can read it. Software-based encryption uses software to encrypt and decrypt data at-rest as well as data-in-transit. Thus, by obtaining unreadable data by unauthorized people, encryption software ensures the safety and security of the confidential data. Moreover, increase in number of complexity and data breaches and surge in compliance regulation among organizations drive the growth of the market. In addition, surge in adoption of bring your own device (BYOD) and increase in mobility fuels the growth of the encryption software market. However, lack of awareness about encryption software and limited use of encrypted device in some countries hamper the growth of the encryption software industry. Conversely, rise in demand for cloud-based encryption software is expected to provide lucrative opportunities for the growth of the encryption software industry.

Depending on industry vertical, banking, financial services, and insurance sector (BFSI) segment dominated the encryption software market size in 2020. The major factors that drive the adoption of encryption software solution in the BFSI sector include rise in number of cyber-attacks and increase in need to protect sensitive financial data from breaches with maximum returns and minimum risk. However, the IT and telecom segment is expected to grow at the highest rate during the forecast period, owing to rise in trend of bring-your-own-device (BYOD) in number organizations is opportunistic for the market. Mobile telephones and laptops are being increasingly used by government as well as commercial organizations for business and personal purposes.

Region wise, North America dominated the encryption software market size in 2020. The major factors that drive the growth of the market in this region include increase in demand for encryption software to secure and ensure privacy of data by the private and public sectors. However, Asia-Pacific is expected to witness the highest growth rate during the forecast period due to increase in number of encryption software vendors and growing government support in the developing countries of Asia-Pacific.

The rapid growth of the COVID-19 pandemic triggered a massive economic and health crisis over the world. It will take many years for the economy to regain its pace after the catastrophe. During the lockdown, all processes in industries and production units were shut down for an indeterminate amount of time, causing supply chain disruption. Many industries have struggled to keep up with day-to-day operations and have had to incur significant financial losses as a result. The encryption software market forecast, on the other hand, was resilient throughout these trying times and maintained a steady growth rate.

Key findings of the Study

  • Depending on component, the software segment led the encryption software market, in terms of revenue in 2020.
  • By deployment model, the on-premise segment accounted for the highest encryption software market share in 2020.
  • By Enterprise size, the large enterprises segment accounted for the highest revenue in the encryption software market in 2020.
  • According to function, the disk encryption segment led the highest revenue in 2020.
  • Depending on industry vertical, BFSI segment accounted for the highest revenue in 2020.
  • Region wise, North America generated the highest revenue in 2020.
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.

Companies Mentioned

  • 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.
  • Trend Micro Incorporated

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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