Global Encryption Software Market for Encryption for Data-at Rest , 2015-2021


Posted September 29, 2016 by Thersesom

Global encryption software market will exceed USD 7.17 billion by 2021, growing at a CAGR of 21.7% from 2016-2021.

 
Zion Research has published a new report titled “Encryption Software Market by Deployment Type (Cloud and on-Premise) for Encryption for Data-at-Rest, Full Disc Encryption, and Other Applications: Global Industry Perspective, Comprehensive Analysis and Forecast, 2015 - 2021.” According to the report, the global encryption software market accounted for about USD 2.20 billion in 2015 and is expected to reach around USD 7.17 billion by 2021, growing at a CAGR of around 21.7% between 2016 and 2021.
Get a copy of free Sample Report @ https://www.zionmarketresearch.com/sample/encryption-software-market
Encryption is a method that secures data by converting plain text into a cipher format during transmission. This method uses mathematical algorithms which convert the information into an unreadable format which can only retrieve using a secret code. The strength of an encryption code is calculated by its length which is determined by the number of bits used.The primary goal of encryption software is to encrypt and decrypt data, which also includes features such as shredding.
With the rising proliferation of cloud and mobile devices among enterprises, the data security concerns are also increasing. Moreover, it heightens the inclination of the data breach, theft and loss, commercial espionage, and cyber-attacks across several companies. With the rising strength and volume of commercial espionage among diverse industries pertaining to critical information the security of data is of prime importance. Thus, the embracement of advanced data security solutions has become crucial across companies. In addition, the strict regulatory compliance among diverse industry verticals such as BFSI and healthcare has mandated the implementation of data security solutions that are compliant with the certain standards.
By deployment type, cloud-based deployment accounted for the highest share in the encryption software market in 2015. It accounted for around 40% of the market share in the global market.The market is being accelerated by factors such as rising need for compliance with regulatory mandates by organizations for data protection and the rising demand for cloud services and cloud-based databases. The rising threat of theft of intellectual data is driving industries to adopt database encryption solutions, thereby enhancing the growth of the market during the forecast period.
Know more before buying this report @ https://www.zionmarketresearch.com/inquiry/encryption-software-market
Data-at-rest application has the highest market shared in encryption software market.Data-at-rest encryption software accounted for the considerable share of the total encryption software market.For data-at-rest, the two most commonly used encryption software methods includes Full Disk Encryption (FDE) and File Level Encryption (FLE), with Full Disk Encryption software being which is broadly deployed method for protecting data against theft and ensuring compliance with the data privacy and data breach notification laws.
North America is anticipated to hold the largest market share of the database encryption market during the next five years, followed by Europe.It accounted around 50% of the market share in the global encryption software market.APAC is expected to grow at the highest CAGR during the estimated period.
Some of the prominent vendors in the encryption software market are IBM, Microsoft, Sophos ltd, Gemalto, Net App Inc, Hewlett- Packard, Vormetric, Oracle, Intel and Symantec.
Browse detail report with in-depth TOC @ https://www.zionmarketresearch.com/report/encryption-software-market
This report segments the global encryption software market as follows:
Global Encryption Software Market: Deployment Type Segment Analysis
• Cloud
• On-Premises
Global Encryption Software Market: Application Segment Analysis
• Encryption for Data-at-rest
• Full Disc Encryption (FDE)
• File Level Encryption
• Others
Global Encryption Software Market: Regional Segment Analysis
• North America
o U.S.
• Europe
o UK
o France
o Germany
• Asia Pacific
o China
o Japan
o India
• Latin America
o Brazil
• The Middle East & Africa
Purchase a direct copy of report with TOC @ https://www.zionmarketresearch.com/buynow/su/encryption-software-market
About Us
Zion Market Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Zion Market Research experienced team of Analysts, Researchers, and Consultants uses proprietary data sources and various tools and techniques to gather and analyse information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Contact US:
Zion Market Research
4283, Express Lane,
Suite 634-143,
Sarasota, Florida 34249, United States
Tel: +49-322 210 92714
USA/Canada Toll-Free No.1-855-465-4651
Email: [email protected]
Website: http://www.zionmarketresearch.com
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By zion market research
Country United States
Categories Business
Tags encryption software market
Last Updated September 29, 2016