Encryption Software Market, Global Outlook and Forecast 2023-2030
The global Encryption Software market was valued at US$ 6129 million in 2022 and is projected to reach US$ 11370 million by 2029, at a CAGR of 9.2% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Encryption software is segmented on the basis of components (solution and services), applications, deployment types, organization sizes, verticals, and regions. The services segment is expected to grow at the highest CAGR during the forecast period and the solution segment is estimated to have the largest market size in 2017 in the market. Professional services have been widely adopted by organizations, as these services involve expert consulting, support and maintenance, and optimization and training for cybersecurity. However, the managed services segment is expected to grow at the highest CAGR during the forecast period, as managed security vendors provide extensive reporting capabilities for validating the regulatory compliance with internal security policies for the users.
This report aims to provide a comprehensive presentation of the global market for Encryption Software, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Encryption Software. This report contains market size and forecasts of Encryption Software in global, including the following market information:
- Global Encryption Software Market Revenue, 2018-2023, 2024-2030, ($ millions)
- Global top five companies in 2022 (%)
The disk encryption application is estimated to hold the largest market share in 2017. The importance of encrypting a disk is that, if the encrypted disk is lost or stolen, the encrypted state of the drive remains unchanged, and only an authorized user will be able to access its contents. The cloud encryption application is expected to grow at the fastest rate during the forecast period.
We surveyed the Encryption Software companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Encryption Software Market, by Type, 2018-2023, 2024-2030 ($ millions)
Global Encryption Software Market Segment Percentages, by Type, 2022 (%)
Global Encryption Software Market, by Application, 2018-2023, 2024-2030 ($ millions)
Global Encryption Software Market Segment Percentages, by Application, 2022 (%)
- Disk Encryption
- File/Folder Encryption
- Database Encryption
- Communication Encryption
- Cloud Encryption
Global Encryption Software Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions)
Global Encryption Software Market Segment Percentages, By Region and Country, 2022 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Encryption Software revenues in global market, 2018-2023 (estimated), ($ millions)
- Key companies Encryption Software revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Dell
- Eset
- Gemalto
- IBm
- Mcafee
- Microsoft
- Pkware
- Sophos
- Symantec
- Thales E-Security
- Trend Micro
- Cryptomathic
- Stormshield
Outline of Major Chapters:
Chapter 1: Introduces the definition of Encryption Software, market overview.
Chapter 2: Global Encryption Software market size in revenue.
Chapter 3: Detailed analysis of Encryption Software company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Encryption Software in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
