+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Network Encryption Market by Component (Hardware, Platform and Services), Transmission Type (Traditional Transmission and Optical Transmission), Data Rate, Organization Size, Vertical, and Region - Global Forecast to 2023

  • ID: 4720515
  • Report
  • Region: Global
  • 160 Pages
  • Markets and Markets
1 of 6
Growing Demand to Meet Various Regulatory Compliances to Drive the Overall Network Encryption Market

FEATURED COMPANIES

  • Adva
  • Atmedia
  • Ciena
  • Eci Telecom
  • Huawei
  • Packetlight Networks
  • MORE

Growing demand to meet various regulatory compliances to drive the overall network encryption market

The global network encryption market size is expected to grow from USD 2.9 billion in 2018 to USD 4.6 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 9.8% during the forecast period. Major growth factors for the market include an increasing demand to meet different regulatory compliances and a growing focus on shielding organizations from network security breaches. However, frequent changes in government policies for data protection across regions may hinder market growth.

The SMEs segment to grow at the highest CAGR during the forecast period

SMEs are rapidly adopting the network encryption solutions to provide advanced protection for crucial data against frauds and data breaches. SMEs have an arsenal of hosted services in the cloud; hence, they majorly adopt the enhanced and reliable network encryption solutions. SMEs require multiple layers of monitoring, security, and centralized console to cut down costs and ensure effective security of data. SMEs are majorly benefitting from network encryption solutions, as the solutions enable them to move data securely and maintain the integrity of data to minimize data fraud and boost business operations. Moreover, network encryption solutions can help SMEs elevate their anonymity and privacy thus keeping them ahead of threats from security breaches while reducing complexities and compliance costs.

The traditional transmission type to hold the highest market share during the forecast period

The traditional transmission type includes coaxial cable, twisted pair cable, and radiowaves/microwaves. Quality of data transmission depends on the characteristics of the medium used. Characteristics of the medium used to determine the noise susceptibility and error rate during the transmission of data. Coaxial cable and twisted pair cable are the guided mediums while radiowaves/microwaves facilitate transmission through an unguided wireless medium. Guided mediums offer more security for data transmission as compared to unguided mediums.

Asia Pacific (APAC) to record the highest growth rate during the forecast period

APAC is expected to grow at the highest CAGR during the forecast period, due to the growing demand for enhanced data security and to comply with global data protection laws and regulations to remain competitive in the global network encryption market. Major APAC countries, such as China, Japan, and Australia and New Zealand, offer various opportunities for network encryption vendors across verticals, such as telecom and IT, government and media and entertainment. Meanwhile, North America is projected to hold the largest market size during the forecast period.

In-depth interviews were conducted with Chief Executive Officers (CEOs), marketing directors, other innovation and technology directors, and executives from various key organizations operating in the network encryption marketplace.

The breakup of primary respondents’ profiles is as follows:

  • By company type: Tier 1 – 38%, Tier 2 – 42%, and Tier 3 – 20%
  • By designation: C-level – 40%, D-level – 35%, and Others – 25%
  • By region: North America – 52%, Europe – 25%, APAC – 18%, and RoW– 5%

Major vendors offering network encryption across the globe include Cisco (US), Juniper Networks (US), Gemalto (Netherlands), Nokia (Finland), Thales eSecurity (US), Atos (France), Ciena (US), Rohde & Schwarz Cybersecurity (Germany), ADVA (Germany), Colt Technology Services (UK), Huawei (China), Aruba (US), F5 Networks (US), Stormshield (France), ECI Telecom (Israel), Senetas (Australia), Viasat (US), Raytheon (US), Quantum (US), TCC (US) , ARRIS (Georgia), atmedia (Germany), Securosys (Switzerland), PacketLight Networks (Israel), and Certes Networks (US). The study includes an in-depth competitive analysis of these key players in the network encryption market, with their company profiles, recent developments, and key market strategies.

Research Coverage
The market study covers the network encryption market across segments. It aims at estimating the market size and the growth potential of the market across segments, such as component, transmission type, data rate, organization size, vertical, and region. The study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.

Key Benefits
The report will help the market leaders/new entrants in the network encryption market with information on the closest approximations of the revenue numbers for the overall market and the subsegments. The report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and to plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

READ MORE
Note: Product cover images may vary from those shown
2 of 6

FEATURED COMPANIES

  • Adva
  • Atmedia
  • Ciena
  • Eci Telecom
  • Huawei
  • Packetlight Networks
  • MORE

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Market Segmentation
1.4 Years Considered for the Study
1.5 Currency Considered
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.2 Primary Data
2.1.2.1 Breakup of Primaries
2.1.2.2 Key Industry Insights
2.2 Market Breakup and Data Triangulation
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Assumptions for the Study
2.5 Limitations of the Study

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in the Network Encryption Market
4.2 Market in North America, By Vertical and Country
4.3 Market Major Countries

5 Market Overview and Industry Trends
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Growing Demand to Comply With the Large Number of Regulatory Standards
5.2.1.2 Growing Need to Shield Organizations From Network Security Breaches
5.2.2 Restraints
5.2.2.1 Frequent Changes in Government Policies for Data Protection Across Different Regions
5.2.3 Opportunities
5.2.3.1 Rapid Adoption of Cloud Technology Requires Organizations to Deploy Network Encryption Solutions
5.2.3.2 Growing Adoption of IoT in Various Applications
5.2.4 Challenges
5.2.4.1 High Cost of Network Encryption Solutions
5.3 Industry Trends
5.3.1 Use Case 1: Senetas
5.3.2 Use Case 2: Thales
5.3.3 Use Case 3: Certes Networks

6 Network Encryption Market, By Transmission Type
6.1 Introduction
6.2 Optical Transmission
6.2.1 Optical Transmission Empowers Organizations to Achieve Enhanced Performance and Security for Data Transfer
6.3 Traditional Transmission
6.3.1 Twisted Pair Cable
6.3.1.1 Benefits of Cost Efficiency and Ease of Installation to Boost the Adoption of Twisted Pair Cable
6.3.2 Coaxial Cable
6.3.2.1 Capability of Transmitting Higher Frequency Signals to Fuel the Demand for Coaxial Cable
6.3.3 Radiowaves and Microwaves
6.3.3.1 Use of Radiowaves and Microwaves for Data Transfer to Larger Distances

7 Network Encryption Market, By Component
7.1 Introduction
7.2 Hardware
7.2.1 Rising Adoption of Network Encryption Hardware Devices Across the Globe to Drive the Growth of the Hardware Segment in the Market
7.3 Platform
7.3.1 Increasing Need for Safeguarding Sensitive Data Transmitted Over the Network to Drive the Growth of the Platform Segment
7.4 Services
7.4.1 Advisory Services
7.4.1.1 Lack of In-House IT Skills to Drive the Demand for Advisory Services
7.4.2 Integration and Implementation Services
7.4.2.1 Increasing Focus on Enhanced Operational Efficiency to Drive the Market
7.4.3 Training and Support Services
7.4.3.1 Growing Need to Improve Network Encryption Customer Services to Drive the Growth of Training and Support Services
7.4.4 Managed Services
7.4.4.1 Rapid Adoption of Network Encryption Solutions to Boost the Demand for Managed Services

8 Network Encryption Market, By Data Rate
8.1 Introduction
8.2 Less Than 10g
8.2.1 The Advantage of Cost-Efficiency to Organizations to Drive the Market for Less Than 10g Segment
8.3 Greater Than 10g and Less Than 40g
8.3.1 Benefits of Backward Compatibility and Reduced Capex to Drive the Market for Greater Than 10g and Less Than 40g Segment
8.4 Greater Than 40g and Less Than 100g
8.4.1 Growing Demand for High-Speed Connectivity to Drive the Market for Greater Than 40g and Less Than 100g Segment
8.5 Greater Than 100g
8.5.1 Growing Adoption of Hyperscale Data Center Connectivity to Drive the Market for Greater Than 100g Segment

9 Network Encryption Market, By Organization Size
9.1 Introduction
9.2 Small and Medium-Sized Enterprises
9.2.1 Small and Medium-Sized Enterprises Increasingly Leveraging Network Encryption Solutions to Protect Sensitive Data From Fraud
9.3 Large Enterprises
9.3.1 Growing Need Among Large Enterprises to Comply With Regulatory Requirements to Drive the Adoption of Network Encryption Solutions

10 Network Encryption Market, By Vertical
10.1 Introduction
10.2 Telecom and IT
10.2.1 Rapid Technological Advancements in Network Infrastructure to Boost the Growth of the Network Encryption in the Telecom and IT Vertical
10.3 Banking, Financial Services, and Insurance
10.3.1 Increased Usage of Internet and Mobile Banking Generating the Demand for Network Encryption to Secure Customer Sensitive Data in the BFSI Vertical
10.4 Media and Entertainment
10.4.1 Increasing Demand for Reliable Networks to Boost the Adoption of the Network Encryption in the Media and Entertainment Vertical
10.5 Government
10.5.1 Adoption of Digitalization Among Government Agencies to Increase the Growth Opportunities of the Network Encryption in the Government Vertical
10.6 Others

11 Network Encryption Market, By Region
11.1 Introduction
11.2 North America
11.2.1 United States
11.2.1.1 High Focus on Innovation for Securing Network Infrastructure to Boost the Growth of Market in the Us
11.2.2 Canada
11.2.2.1 Rapid Adoption of Advanced Technologies to Boost the Growth of Market in Canada
11.3 Europe
11.3.1 United Kingdom
11.3.1.1 Stringent Regulations and Compliances Regarding Data Security to Drive the Growth of Market in the Uk
11.3.2 Germany
11.3.2.1 Government Initiatives to Drive the Growth of the Network Encryption Market in Germany
11.3.3 France
11.3.3.1 Emphasis on Building Digital Economy to Drive the Growth of the Market in France
11.3.4 Rest of Europe
11.4 Asia Pacific
11.4.1 Japan
11.4.1.1 Growing Need for Highly Efficient Network Encryption Solutions to Drive the Market in Japan
11.4.2 China
11.4.2.1 Growing Demand for High Speed Connectivity to Boost the Market Growth in China
11.4.3 Australia and New Zealand
11.4.3.1 Initiatives for Testing Encryption of Data in Transit at 10 Gbps to Spur the Demand for Network Encryption in Anz
11.4.4 Rest of Asia Pacific
11.5 Middle East and Africa
11.5.1 Kingdom of Saudi Arabia
11.5.1.1 Vision 2030 to Boost Digital Transformation in Ksa
11.5.2 United Arab Emirates
11.5.2.1 Growing Focus on Digital Transformation and Economic Diversification to Drive the Network Encryption Market in UAE
11.5.3 South Africa
11.5.3.1 Increasing Focus on Network Security to Drive the Growth of the Market in South Africa
11.5.4 Rest of Middle East and Africa
11.6 Latin America
11.6.1 Brazil
11.6.1.1 Growing Internet Penetration and Rise in Number of IT Companies to Drive the Growth of Market in Brazil
11.6.2 Mexico
11.6.2.1 Increasing Investments in IT Organization to Drive the Growth of Market in Mexico
11.6.3 Rest of Latin America

12 Competitive Landscape
12.1 Overview
12.2 Competitive Scenario
12.2.1 Product/Service/Solution Launches and Enhancements
12.2.2 Business Expansions
12.2.3 Acquisitions
12.2.4 Partnerships, Contracts, and Collaborations

13 Company Profiles
13.1 Introduction
13.2 Cisco
13.3 Thales Esecurity
13.4 Atos
13.5 Juniper Networks
13.6 Certes Networks
13.7 Rohde & Schwarz Cybersecurity
13.8 Adva
13.9 Gemalto
13.10 Nokia
13.11 Colt Technology Services
13.12 Aruba
13.13 Huawei
13.14 Ciena
13.15 Eci Telecom
13.16 Senetas
13.17 Viasat
13.18 F5 Networks
13.19 Raytheon
13.20 Arris
13.21 Stormshield
13.22 Atmedia
13.23 Securosys
13.24 Packetlight Networks
13.25 Quantum Corporation
13.26 Technical Communication Corporation

14 Appendix
14.1 Discussion Guide
14.2 Knowledge Store: Subscription Portal
14.3 Available Customizations
14.4 Related Reports
14.5 Author Details

List of Tables
Table 1 United States Dollar Exchange Rate, 2015–2017
Table 2 Network Encryption Market Size, By Transmission Type, 2016–2023 (USD Million)
Table 3 Optical Transmission: Market Size, By Region, 2016–2023 (USD Million)
Table 4 Traditional Transmission: Market Size, By Region, 2016–2023 (USD Million)
Table 5 Network Encryption Market Size, By Component, 2016–2023 (USD Million)
Table 6 Hardware: Market Size, By Region, 2016–2023 (USD Million)
Table 7 Platform: Market Size By Region, 2016–2023 (USD Million)
Table 8 Network Encryption Market Size, By Services, 2016–2023 (USD Million)
Table 9 Services: Market Size By Region, 2016–2023 (USD Million)
Table 10 Advisory Services: Market Size By Region, 2016–2023 (USD Million)
Table 11 Integration and Implementation Services: Market Size, By Region, 2016–2023 (USD Million)
Table 12 Training and Support Services: Market Size, By Region, 2016–2023 (USD Million)
Table 13 Managed Services: Market Size, By Region, 2016–2023 (USD Million)
Table 14 Network Encryption Market Size, By Data Rate, 2016–2023 (USD Billion)
Table 15 Less Than 10g: Market Size By Region, 2016–2023 (USD Million)
Table 16 Greater Than 10g and Less Than 40g: Market Size By Region, 2016–2023 (USD Billion)
Table 17 Greater Than 40g and Less Than 100g: Market Size By Region, 2016–2023 (USD Billion)
Table 18 Greater Than 100g: Market Size By Region, 2016–2023 (USD Billion)
Table 19 Network Encryption Market Size, By Organization Size, 2016–2023 (USD Million)
Table 20 Small and Medium-Sized Enterprises: Market Size By Region, 2016–2023 (USD Million)
Table 21 Large Enterprises: Market Size By Region, 2016–2023 (USD Million)
Table 22 Network Encryption Market Size, By Vertical, 2016–2023 (USD Million)
Table 23 Telecom and IT: Market Size By Region, 2016–2023 (USD Million)
Table 24 Banking, Financial Services, and Insurance: Market Size By Region, 2016–2023 (USD Million)
Table 25 Media and Entertainment: Market Size By Region, 2016–2023 (USD Million)
Table 26 Government: Market Size By Region, 2016–2023 (USD Million)
Table 27 Others: Market Size By Region, 2016–2023 (USD Million)
Table 28 Network Encryption Market Size, By Region, 2016–2023 (USD Million)
Table 29 North America: Market Size By Transmission Type, 2016–2023 (USD Million)
Table 30 North America: Market Size By Component, 2016–2023 (USD Million)
Table 31 North America: Market Size By Service, 2016–2023 (USD Million)
Table 32 North America: Market Size By Data Rate, 2016–2023 (USD Million)
Table 33 North America: Market Size By Organization Size, 2016–2023 (USD Million)
Table 34 North America: Market Size By Vertical, 2016–2023 (USD Million)
Table 35 North America: Market Size By Country, 2016–2023 (USD Million)
Table 36 Europe: Network Encryption Market Size, By Transmission Type, 2016–2023 (USD Million)
Table 37 Europe: Market Size By Component, 2016–2023 (USD Million)
Table 38 Europe: Market Size By Service, 2016–2023 (USD Million)
Table 39 Europe: Market Size By Data Rate, 2016–2023 (USD Million)
Table 40 Europe: Market Size By Organization Size, 2016–2023 (USD Million)
Table 41 Europe: Market Size By Vertical, 2016–2023 (USD Million)
Table 42 Europe: Market Size By Country, 2016–2023 (USD Million)
Table 43 Asia Pacific: Network Encryption Market Size, By Transmission Type, 2016–2023 (USD Million)
Table 44 Asia Pacific: Market Size By Component, 2016–2023 (USD Million)
Table 45 Asia Pacific: Market Size By Service, 2016–2023 (USD Million)
Table 46 Asia Pacific: Market Size By Data Rate, 2016–2023 (USD Million)
Table 47 Asia Pacific: Market Size By Organization Size, 2016–2023 (USD Million)
Table 48 Asia Pacific: Market Size By Vertical, 2016–2023 (USD Million)
Table 49 Asia Pacific: Market Size By Country, 2016–2023 (USD Million)
Table 50 Middle East and Africa: Network Encryption Market Size, By Transmission Type, 2016–2023 (USD Million)
Table 51 Middle East and Africa: Market Size By Component, 2016–2023 (USD Million)
Table 52 Middle East and Africa: Market Size By Service, 2016–2023 (USD Million)
Table 53 Middle East and Africa: Market Size By Data Rate, 2016–2023 (USD Million)
Table 54 Middle East and Africa: Market Size By Organization Size, 2016–2023 (USD Million)
Table 55 Middle East and Africa: Market Size By Vertical, 2016–2023 (USD Million)
Table 56 Middle East and Africa: Market Size By Country, 2016–2023 (USD Million)
Table 57 Latin America: Network Encryption Market Size, By Transmission Type, 2016–2023 (USD Billion)
Table 58 Latin America: Market Size By Component, 2016–2023 (USD Million)
Table 59 Latin America: Market Size By Service, 2016–2023 (USD Million)
Table 60 Latin America: Market Size By Data Rate, 2016–2023 (USD Million)
Table 61 Latin America: Market Size By Organization Size, 2016–2023 (USD Billion)
Table 62 Latin America: Market Size By Vertical, 2016–2023 (USD Million)
Table 63 Latin America: Market Size By Country, 2016–2023 (USD Million)
Table 64 Product/Service/Solution Launches and Enhancements, 2016–2018
Table 65 Business Expansions, 2016–2018
Table 66 Acquisitions, 2016–2018
Table 67 Partnerships, Contracts, Collaborations, 2016–2018

List of Figures
Figure 1 Network Encryption Market: Research Design
Figure 2 Market Bottom-Up Approach
Figure 3 Market Top-Down Approach
Figure 4 Asia Pacific to Grow at the Highest Rate During the Forecast Period
Figure 5 Hardware to Hold the Highest Share in the Network Encryption Market By Component in 2018
Figure 6 Managed Services Segment to Account for the Highest Share in the Market By Service in 2018
Figure 7 Greater Than 10g and Less Than 40g Segment to Dominate the Market By Data Rate in 2018
Figure 8 Increasing Incidence of Sophisticated Cyber-Attacks and Data Breaches to Drive the Network Encryption Market During the Forecast Period
Figure 9 Telecom and IT Vertical and the US to Dominate the North American Market in 2018
Figure 10 China to Grow at the Highest Rate in the Market During the Forecast Period
Figure 11 Encryption Rate in Network Traffic By 2021
Figure 12 Rate of Cyber-Attacks in Organizations in 2017
Figure 13 Drivers, Restraints, Opportunities, and Challenges: Network Encryption Market
Figure 14 Optical Transmission Segment to Grow at A Higher CAGR During the Forecast Period
Figure 15 Platform Segment to Grow at the Highest CAGR During the Forecast Period
Figure 16 Greater Than 100g Segment to Grow at the Highest CAGR During the Forecast Period
Figure 17 Small and Medium-Sized Enterprises Segment to Grow at the Highest CAGR During the Forecast Period
Figure 18 Banking, Financial Services, and Insurance Vertical to Grow at the Highest CAGR During the Forecast Period
Figure 19 Asia Pacific to Grow at the Highest CAGR During the Forecast Period
Figure 20 North America to Account for the Highest Market Share in the Market
Figure 21 North America: Market Snapshot
Figure 22 Asia Pacific: Market Snapshot
Figure 23 Key Developments in the Network Encryption Market, 2016–2018
Figure 24 Market Evaluation Framework
Figure 25 Geographic Revenue Mix of the Top Market Players
Figure 26 Cisco: Company Snapshot
Figure 27 SWOT Analysis: Cisco
Figure 28 Atos: Company Snapshot
Figure 29 SWOT Analysis: Atos
Figure 30 Juniper Networks: Company Snapshot
Figure 31 Adva: Company Snapshot
Figure 32 Gemalto: Company Snapshot
Figure 33 Nokia: Company Snapshot
Figure 34 Huawei: Company Snapshot
Figure 35 Ciena: Company Snapshot
Figure 36 Senetas: Company Snapshot
Figure 37 Viasat: Company Snapshot
Figure 38 F5 Networks: Company Snapshot
Figure 39 Raytheon: Company Snapshot
Figure 40 Arris: Company Snapshot
Figure 41 Quantum Corporation: Company Snapshot
Figure 42 Technical Communication Corporation: Company Snapshot

Note: Product cover images may vary from those shown
3 of 6

Loading
LOADING...

4 of 6
5 of 6
  • Adva
  • Arris
  • Aruba
  • Atmedia
  • Atos
  • Certes Networks
  • Ciena
  • Cisco
  • Colt Technology Services
  • Eci Telecom
  • F5 Networks
  • Gemalto
  • Huawei
  • Juniper Networks
  • Nokia
  • Packetlight Networks
  • Quantum Corporation
  • Raytheon
  • Rohde & Schwarz Cybersecurity
  • Securosys
  • Senetas
  • Stormshield
  • Technical Communication Corporation
  • Thales Esecurity
  • Viasat
Note: Product cover images may vary from those shown
6 of 6
Note: Product cover images may vary from those shown
Order Online - visit: https://www.researchandmarkets.com/reports/4720515
Adroll
adroll