US Encryption Software Market Size, Growth Analysis Report, Forecast to 2027


Posted September 24, 2021 by alfahadkhan2510

The US encryption software market is estimated to grow significantly during the forecast period.

 
The US encryption software market is estimated to grow significantly during the forecast period. The growth of the market is attributed to the increasing demand for encryption software coupled with growing concerns related to privacy and security in enterprise data In the country. Moreover, the well-developed IT infrastructure coupled with the significant adoption of AI and IoT technologies in the country further raises the demand for encryption software for the privacy of enterprise data. Therefore increasing demand for encryption software among enterprises propels the market growth in the country.

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The US market for encryption software is segregated on the basis of deployment type, application, and industry. Based on the deployment type, the market is further classified into on-premises and cloud-based. The cloud segment is projected to have considerable growth in the US market owing to the significant deployment of cloud technologies in enterprises. The application segment is further classified into database encryption, disk encryption, communication encryption, file encryption, and others. The database encryption segment is projected to grow significantly with a rising concern related to data security and privacy in various verticals such as BFSI and IT & telecom. Based on the industry, the US encryption software market is further segmented into BFSI, IT & telecom, government, retail & e-commerce, and others. The IT & telecom segment is estimated to have a considerable share in the market owing to the growing adoption of data encryption software coupled with increasing data security concerns in the industry.

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The market study of the US encryption software market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

US Encryption Software Market – Segmentation
by Deployment Type
On-Premises
Cloud-Based
by Application
Database Encryption
Disk Encryption
Communication Encryption
File Encryption
Others (Cloud Encryption)
by Industry
BFSI
IT & Telecom
Government
Retail & E-commerce
Other (Healthcare)

Company Profiles
Broadcom Inc.
Bloombase, Inc.
CipherCloud, Inc.
Cisco Systems, Inc.
Fortinet, Inc.
IBM Corp.
Intel Corp.
Microsoft Corp.
McAfee, LLC
Oracle Corp.
Trend Micro Inc.

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Issued By Alfahad khan
Phone +91 780-304-0404
Country India
Categories Business
Tags us encryption software market
Last Updated September 24, 2021