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Cloud Encryption - Global Market Trajectory & Analytics

  • ID: 4804276
  • Report
  • April 2021
  • Region: Global
  • 150 pages
  • Global Industry Analysts, Inc
Global Cloud Encryption Market to Reach $5.8 Billion by 2027

Amid the COVID-19 crisis, the global market for Cloud Encryption estimated at US$1.1 Billion in the year 2020, is projected to reach a revised size of US$5.8 Billion by 2027, growing at a CAGR of 27.4% over the analysis period 2020-2027. Infrastructure-as-a-Service, one of the segments analyzed in the report, is projected to record a 30.1% CAGR and reach US$3.1 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Software-as-a-Service segment is readjusted to a revised 25.6% CAGR for the next 7-year period.



The U.S. Market is Estimated at $318.1 Million, While China is Forecast to Grow at 26.5% CAGR

The Cloud Encryption market in the U.S. is estimated at US$318.1 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$982.4 Million by the year 2027 trailing a CAGR of 26.5% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 24.5% and 23.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 19.1% CAGR.

Platform-as-a-Service Segment to Record 24.2% CAGR

In the global Platform-as-a-Service segment, USA, Canada, Japan, China and Europe will drive the 24.1% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$285.1 Million in the year 2020 will reach a projected size of US$1.3 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$676.2 Million by the year 2027.

Select Competitors (Total 42 Featured):
  • Ciphercloud, Inc.
  • Gemalto
  • HyTrust, Inc.
  • IBM Corporation
  • Netskope, Inc.
  • Parablu Inc.
  • Secomba GmbH
  • Sophos Ltd.
  • Symantec Corporation
  • Thales E-Security, Inc.
  • Trend Micro, Inc.
  • Twd Industries AG
  • Vaultive Inc.
Note: Product cover images may vary from those shown
I. METHODOLOGY

II. EXECUTIVE SUMMARY
  • Introduction
  • Influencer Market Insights
  • World Market Trajectories
  • Cloud Encryption: Prelude
  • Cloud Encryption Software Market Overview
  • Market by Application
  • Impact of Covid-19 and a Looming Global Recession
  • Rise in Cloud Adoption Fuels the Need for Cloud Encryption
  • Increase in Demand for IoT Drives Cloud Encryption Market
  • Innovations
  • Sensitive Data in Cloud Amplifies the Business for Cloud Encryption
  • Growing Number of Data Breaches Demands Companies to Invest in Encryption
  • Challenges Confronting Cloud Encryption
  • Cloud Computing in Healthcare: A Key Growth Propeller for Cloud Encryption in Healthcare Vertical
  • Table 1: World Current & Future Analysis for Cloud Encryption by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 2: World 7-Year Perspective for Cloud Encryption by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2020 & 2027
  • Table 3: World Current & Future Analysis for Infrastructure-as-a-Service by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 4: World 7-Year Perspective for Infrastructure-as-a-Service by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
  • Table 5: World Current & Future Analysis for Software-as-a-Service by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 6: World 7-Year Perspective for Software-as-a-Service by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
  • Table 7: World Current & Future Analysis for Platform-as-a-Service by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 8: World 7-Year Perspective for Platform-as-a-Service by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
  • Table 9: World Current & Future Analysis for BFSI by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 10: World 7-Year Perspective for BFSI by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
  • Table 11: World Current & Future Analysis for Government by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 12: World 7-Year Perspective for Government by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
  • Table 13: World Current & Future Analysis for IT & Telecommunications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 14: World 7-Year Perspective for IT & Telecommunications by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
  • Table 15: World Current & Future Analysis for Aerospace & Defense by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 16: World 7-Year Perspective for Aerospace & Defense by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
  • Table 17: World Current & Future Analysis for Healthcare by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 18: World 7-Year Perspective for Healthcare by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
  • Table 19: World Current & Future Analysis for Retail by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 20: World 7-Year Perspective for Retail by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
  • Table 21: World Current & Future Analysis for Other End-Use Industries by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 22: World 7-Year Perspective for Other End-Use Industries by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
III. MARKET ANALYSIS
  • Table 23: USA Current & Future Analysis for Cloud Encryption by Service Model - Infrastructure-as-a-Service, Software-as-a-Service and Platform-as-a-Service - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 24: USA 7-Year Perspective for Cloud Encryption by Service Model - Percentage Breakdown of Value Sales for Infrastructure-as-a-Service, Software-as-a-Service and Platform-as-a-Service for the Years 2020 & 2027
  • Table 25: USA Current & Future Analysis for Cloud Encryption by End-Use Industry - BFSI, Government, IT & Telecommunications, Aerospace & Defense, Healthcare, Retail and Other End-Use Industries - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 26: USA 7-Year Perspective for Cloud Encryption by End-Use Industry - Percentage Breakdown of Value Sales for BFSI, Government, IT & Telecommunications, Aerospace & Defense, Healthcare, Retail and Other End-Use Industries for the Years 2020 & 2027
  • Table 27: Canada Current & Future Analysis for Cloud Encryption by Service Model - Infrastructure-as-a-Service, Software-as-a-Service and Platform-as-a-Service - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 28: Canada 7-Year Perspective for Cloud Encryption by Service Model - Percentage Breakdown of Value Sales for Infrastructure-as-a-Service, Software-as-a-Service and Platform-as-a-Service for the Years 2020 & 2027
  • Table 29: Canada Current & Future Analysis for Cloud Encryption by End-Use Industry - BFSI, Government, IT & Telecommunications, Aerospace & Defense, Healthcare, Retail and Other End-Use Industries - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 30: Canada 7-Year Perspective for Cloud Encryption by End-Use Industry - Percentage Breakdown of Value Sales for BFSI, Government, IT & Telecommunications, Aerospace & Defense, Healthcare, Retail and Other End-Use Industries for the Years 2020 & 2027
  • Table 31: Japan Current & Future Analysis for Cloud Encryption by Service Model - Infrastructure-as-a-Service, Software-as-a-Service and Platform-as-a-Service - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 32: Japan 7-Year Perspective for Cloud Encryption by Service Model - Percentage Breakdown of Value Sales for Infrastructure-as-a-Service, Software-as-a-Service and Platform-as-a-Service for the Years 2020 & 2027
  • Table 33: Japan Current & Future Analysis for Cloud Encryption by End-Use Industry - BFSI, Government, IT & Telecommunications, Aerospace & Defense, Healthcare, Retail and Other End-Use Industries - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 34: Japan 7-Year Perspective for Cloud Encryption by End-Use Industry - Percentage Breakdown of Value Sales for BFSI, Government, IT & Telecommunications, Aerospace & Defense, Healthcare, Retail and Other End-Use Industries for the Years 2020 & 2027
  • Table 35: China Current & Future Analysis for Cloud Encryption by Service Model - Infrastructure-as-a-Service, Software-as-a-Service and Platform-as-a-Service - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 36: China 7-Year Perspective for Cloud Encryption by Service Model - Percentage Breakdown of Value Sales for Infrastructure-as-a-Service, Software-as-a-Service and Platform-as-a-Service for the Years 2020 & 2027
  • Table 37: China Current & Future Analysis for Cloud Encryption by End-Use Industry - BFSI, Government, IT & Telecommunications, Aerospace & Defense, Healthcare, Retail and Other End-Use Industries - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 38: China 7-Year Perspective for Cloud Encryption by End-Use Industry - Percentage Breakdown of Value Sales for BFSI, Government, IT & Telecommunications, Aerospace & Defense, Healthcare, Retail and Other End-Use Industries for the Years 2020 & 2027
  • Table 39: Europe Current & Future Analysis for Cloud Encryption by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 40: Europe 7-Year Perspective for Cloud Encryption by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2020 & 2027
  • Table 41: Europe Current & Future Analysis for Cloud Encryption by Service Model - Infrastructure-as-a-Service, Software-as-a-Service and Platform-as-a-Service - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 42: Europe 7-Year Perspective for Cloud Encryption by Service Model - Percentage Breakdown of Value Sales for Infrastructure-as-a-Service, Software-as-a-Service and Platform-as-a-Service for the Years 2020 & 2027
  • Table 43: Europe Current & Future Analysis for Cloud Encryption by End-Use Industry - BFSI, Government, IT & Telecommunications, Aerospace & Defense, Healthcare, Retail and Other End-Use Industries - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 44: Europe 7-Year Perspective for Cloud Encryption by End-Use Industry - Percentage Breakdown of Value Sales for BFSI, Government, IT & Telecommunications, Aerospace & Defense, Healthcare, Retail and Other End-Use Industries for the Years 2020 & 2027
  • Table 45: France Current & Future Analysis for Cloud Encryption by Service Model - Infrastructure-as-a-Service, Software-as-a-Service and Platform-as-a-Service - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 46: France 7-Year Perspective for Cloud Encryption by Service Model - Percentage Breakdown of Value Sales for Infrastructure-as-a-Service, Software-as-a-Service and Platform-as-a-Service for the Years 2020 & 2027
  • Table 47: France Current & Future Analysis for Cloud Encryption by End-Use Industry - BFSI, Government, IT & Telecommunications, Aerospace & Defense, Healthcare, Retail and Other End-Use Industries - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 48: France 7-Year Perspective for Cloud Encryption by End-Use Industry - Percentage Breakdown of Value Sales for BFSI, Government, IT & Telecommunications, Aerospace & Defense, Healthcare, Retail and Other End-Use Industries for the Years 2020 & 2027
  • Table 49: Germany Current & Future Analysis for Cloud Encryption by Service Model - Infrastructure-as-a-Service, Software-as-a-Service and Platform-as-a-Service - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 50: Germany 7-Year Perspective for Cloud Encryption by Service Model - Percentage Breakdown of Value Sales for Infrastructure-as-a-Service, Software-as-a-Service and Platform-as-a-Service for the Years 2020 & 2027
  • Table 51: Germany Current & Future Analysis for Cloud Encryption by End-Use Industry - BFSI, Government, IT & Telecommunications, Aerospace & Defense, Healthcare, Retail and Other End-Use Industries - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 52: Germany 7-Year Perspective for Cloud Encryption by End-Use Industry - Percentage Breakdown of Value Sales for BFSI, Government, IT & Telecommunications, Aerospace & Defense, Healthcare, Retail and Other End-Use Industries for the Years 2020 & 2027
  • Table 53: Italy Current & Future Analysis for Cloud Encryption by Service Model - Infrastructure-as-a-Service, Software-as-a-Service and Platform-as-a-Service - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 54: Italy 7-Year Perspective for Cloud Encryption by Service Model - Percentage Breakdown of Value Sales for Infrastructure-as-a-Service, Software-as-a-Service and Platform-as-a-Service for the Years 2020 & 2027
  • Table 55: Italy Current & Future Analysis for Cloud Encryption by End-Use Industry - BFSI, Government, IT & Telecommunications, Aerospace & Defense, Healthcare, Retail and Other End-Use Industries - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 56: Italy 7-Year Perspective for Cloud Encryption by End-Use Industry - Percentage Breakdown of Value Sales for BFSI, Government, IT & Telecommunications, Aerospace & Defense, Healthcare, Retail and Other End-Use Industries for the Years 2020 & 2027
  • Table 57: UK Current & Future Analysis for Cloud Encryption by Service Model - Infrastructure-as-a-Service, Software-as-a-Service and Platform-as-a-Service - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 58: UK 7-Year Perspective for Cloud Encryption by Service Model - Percentage Breakdown of Value Sales for Infrastructure-as-a-Service, Software-as-a-Service and Platform-as-a-Service for the Years 2020 & 2027
  • Table 59: UK Current & Future Analysis for Cloud Encryption by End-Use Industry - BFSI, Government, IT & Telecommunications, Aerospace & Defense, Healthcare, Retail and Other End-Use Industries - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 60: UK 7-Year Perspective for Cloud Encryption by End-Use Industry - Percentage Breakdown of Value Sales for BFSI, Government, IT & Telecommunications, Aerospace & Defense, Healthcare, Retail and Other End-Use Industries for the Years 2020 & 2027
  • Table 61: Rest of Europe Current & Future Analysis for Cloud Encryption by Service Model - Infrastructure-as-a-Service, Software-as-a-Service and Platform-as-a-Service - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 62: Rest of Europe 7-Year Perspective for Cloud Encryption by Service Model - Percentage Breakdown of Value Sales for Infrastructure-as-a-Service, Software-as-a-Service and Platform-as-a-Service for the Years 2020 & 2027
  • Table 63: Rest of Europe Current & Future Analysis for Cloud Encryption by End-Use Industry - BFSI, Government, IT & Telecommunications, Aerospace & Defense, Healthcare, Retail and Other End-Use Industries - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 64: Rest of Europe 7-Year Perspective for Cloud Encryption by End-Use Industry - Percentage Breakdown of Value Sales for BFSI, Government, IT & Telecommunications, Aerospace & Defense, Healthcare, Retail and Other End-Use Industries for the Years 2020 & 2027
  • Table 65: Asia-Pacific Current & Future Analysis for Cloud Encryption by Service Model - Infrastructure-as-a-Service, Software-as-a-Service and Platform-as-a-Service - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 66: Asia-Pacific 7-Year Perspective for Cloud Encryption by Service Model - Percentage Breakdown of Value Sales for Infrastructure-as-a-Service, Software-as-a-Service and Platform-as-a-Service for the Years 2020 & 2027
  • Table 67: Asia-Pacific Current & Future Analysis for Cloud Encryption by End-Use Industry - BFSI, Government, IT & Telecommunications, Aerospace & Defense, Healthcare, Retail and Other End-Use Industries - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 68: Asia-Pacific 7-Year Perspective for Cloud Encryption by End-Use Industry - Percentage Breakdown of Value Sales for BFSI, Government, IT & Telecommunications, Aerospace & Defense, Healthcare, Retail and Other End-Use Industries for the Years 2020 & 2027
  • Table 69: Rest of World Current & Future Analysis for Cloud Encryption by Service Model - Infrastructure-as-a-Service, Software-as-a-Service and Platform-as-a-Service - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 70: Rest of World 7-Year Perspective for Cloud Encryption by Service Model - Percentage Breakdown of Value Sales for Infrastructure-as-a-Service, Software-as-a-Service and Platform-as-a-Service for the Years 2020 & 2027
  • Table 71: Rest of World Current & Future Analysis for Cloud Encryption by End-Use Industry - BFSI, Government, IT & Telecommunications, Aerospace & Defense, Healthcare, Retail and Other End-Use Industries - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 72: Rest of World 7-Year Perspective for Cloud Encryption by End-Use Industry - Percentage Breakdown of Value Sales for BFSI, Government, IT & Telecommunications, Aerospace & Defense, Healthcare, Retail and Other End-Use Industries for the Years 2020 & 2027
IV. COMPETITION
  • Total Companies Profiled: 42
Note: Product cover images may vary from those shown
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