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暗号化ソフトウェア市場ー業界洞察、主要プレーヤー・企業別、成長機会別、最新傾向別、開発別、主要な成長ドライバー別、主要な課題別によってセグメンテーション、予測 2022年


[ 英語タイトル ] Encryption Software Market by Component (Solution and Services), Application (Disk Encryption, File/Folder Encryption, Communication Encryption, and Cloud Encryption), Deployment Type, Organization Size, Vertical, and Region - Global Forecast to 2022


Product Code : MNMICT00108882
Survey : MarketsandMarkets
Publish On : August, 2021
Category : ICT and Telecom
Study Area : Global
Report format : PDF
Sales price option (consumption tax not included)
Single User USD7150 / Question Form
5 User USD8500 / Question Form
Enterprise User USD11000 / Question Form

[Report Description]

Stringent regulatory compliances and the increasing concern for data security are expected to be driving the growth of the encryption software market
The encryption software market size is expected to grow from USD 3.87 billion in 2017 to USD 12.96 billion by 2022, at a Compound Annual Growth Rate (CAGR) of 27.4%. The market is expected to be driven by factors, such as the rising concerns of critical data loss in the on-premises environment, risk on cloud environment due to exploitation of big data analytics, and the regulations to increase the adoption of the encryption solutions. However, the major hindrance faced by the enterprises while adopting the encryption software are believed to be the lack of budget for the adoption of the best-in-class encryption solutions, lack of awareness about encryption, and the performance concerns among enterprises.
Cloud encryption application is expected to have the fastest growth rate during the forecast period
The cloud encryption application in the encryption software market is expected to grow at the fastest rate, during the forecast period. The major reason for the high growth rate of the cloud encryption application is said to be the ongoing expansive adoption of cloud among companies across the world. There are numerous advantages associated with the adoption of cloud, such as improved flexibility and scalability, faster deployments, and enhanced mobility, which encourage the cloud adoption. However, the risks associated with content protection and data compliance remain to be the prime impediment for embracing the cloud across businesses. This encourages the adoption of cloud encryption solutions to safeguard the sensitive information from being breached.
Banking, Financial Services, and Insurance (BFSI) vertical is expected to have the largest market size during the forecast period
Companies in the BFSI sector are expanding their offerings to maintain a competitive edge, save costs, and improve the customer experience with value-added services. The increasing usage of mobile technology has enhanced the adoption of encryption solutions and services in the financial organizations. The financial sector uses encryption solutions to control and secure the sensitive data of customers and protect the data from the internal and external risks of theft. In addition, banking organizations, to enhance their business opportunities, need to make use of external networks that are unsecured. Moreover, the pressure from the regulatory standards, such as Advanced Encryption Standard (AES) and Payment Card Industry Data Security Standard (PCI-DSS), has led companies in this sector to deliver security solutions with encryption software.
North America is expected to contribute to the largest market share and Asia Pacific (APAC) is estimated to grow at the fastest rate during the forecast period
North America is expected to have the largest market share and dominate the encryption software market from 2017 to 2022, owing to the early adoption of new and emerging technologies, and the presence of a large number of players in this region. APAC offers extensive growth avenues for the encryption software market, owing to the widespread presence of Small and Medium-sized Enterprises (SMEs) and telecom companies that are extensively adopting encryption software to safeguard their sensitive data.
The break-up profiles of primary participants are given below:
• By company: Tier 1–55%, Tier 2–20%, and Tier 3–25%
• By designation: C-level–60%, Director level–25%, and Others–15%
• By region: North America–35%, Europe–25%, APAC–20%, Latin America–10%, and Middle East and Africa (MEA)–10%
The following key encryption software providers have been profiled in the report:
1. CipherCloud (California, US)
2. Dell (Texas, US)
3. ESET (Bratislava, Slovakia)
4. Gemalto (Amsterdam, Netherlands)
5. IBM (New York, US)
6. McAfee (California, US)
7. Microsoft (Washington, US)
8. PKWARE (Wisconsin, US)
9. Sophos (Abingdon, UK)
10. Symantec (California, US)
11. Thales e-Security (La Defense, France)
12. Trend Micro (Tokyo, Japan)
Research Coverage
The encryption software market has been segmented on the basis of components (solution and services), applications, deployment types, organization sizes, verticals, and regions. A detailed analysis of the key industry players has been done to provide key insights into their business overviews, solutions and services, key strategies, new product launches, partnerships, agreements and collaborations, business expansions, and the competitive landscape associated with the encryption software market.

The report will help the market leaders/new entrants in this market in the following ways:
• This report segments the encryption software market comprehensively and provides the closest approximations of the revenue numbers for the overall market and the subsegments across different regions.
• This report helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
• This report will help stakeholders to better understand the competitors and gain more insights to enhance their position in the business. The competitive landscape section includes vendor comparison of top market players in the encryption software market.

TABLE OF CONTENTS

1 INTRODUCTION 16
1.1 OBJECTIVES OF THE STUDY 16
1.2 MARKET DEFINITION 16
1.3 MARKET SCOPE 17
1.4 YEARS CONSIDERED 17
1.5 CURRENCY 18
1.6 STAKEHOLDERS 18
2 RESEARCH METHODOLOGY 19
2.1 RESEARCH DATA 19
2.1.1 SECONDARY DATA 20
2.1.2 PRIMARY DATA 21
2.1.2.1 Breakdown of primaries 21
2.1.2.1 Key industry insights 22
2.2 MARKET SIZE ESTIMATION 23
2.3 RESEARCH ASSUMPTIONS AND LIMITATIONS 25
2.3.1 ASSUMPTIONS 25
2.3.2 LIMITATIONS 25
3 EXECUTIVE SUMMARY 26
4 PREMIUM INSIGHTS 30
4.1 ATTRACTIVE MARKET OPPORTUNITIES IN THE ENCRYPTION SOFTWARE MARKET 30
4.2 ENCRYPTION SOFTWARE MARKET, MARKET SHARE OF TOP 3 APPLICATIONS
AND TOP 3 REGIONS 30
4.3 ENCRYPTION SOFTWARE MARKET, BY SERVICE 31
4.4 ENCRYPTION SOFTWARE MARKET, BY PROFESSIONAL SERVICE 31
4.5 ENCRYPTION SOFTWARE MARKET, BY DEPLOYMENT TYPE 32
4.6 ENCRYPTION SOFTWARE MARKET, BY ORGANIZATION SIZE 32
4.7 MARKET INVESTMENT SCENARIO 33
5 MARKET OVERVIEW 34
5.1 INTRODUCTION 34
5.2 MARKET DYNAMICS 35
5.2.1 DRIVERS 35
5.2.1.1 Rising concerns of critical data loss in the on-premises environment 35
5.2.1.2 Risk on cloud environment due to exploitation of big data analytics 36
5.2.1.3 Regulations to increase the adoption of encryption solutions 36

5.2.2 RESTRAINTS 36
5.2.2.1 Lack of budget for the adoption of best-in-class encryption solutions 36
5.2.2.2 Lack of awareness about encryption and performance concerns among enterprises 37
5.2.3 OPPORTUNITIES 37
5.2.3.1 Proliferation in the demand for integrated, cloud-based encryption solutions in SMEs 37
5.2.3.2 Large-scale adoption of encryption solutions in the BFSI vertical 37
5.2.4 CHALLENGES 38
5.2.4.1 Complexities in the management of encryption keys 38
5.2.4.2 Lack of skilled workforce in an enterprise 38
5.3 REGULATORY IMPLICATIONS 39
5.3.1 PAYMENT CARD INDUSTRY DATA SECURITY STANDARD 39
5.3.2 HEALTH INSURANCE PORTABILITY AND ACCOUNTABILITY ACT 39
5.3.3 FEDERAL INFORMATION SECURITY MANAGEMENT ACT 39
5.3.4 SARBANES–OXLEY ACT 40
5.3.5 GRAMM–LEACH–BLILEY ACT 40
5.3.6 FEDERAL INFORMATION PROCESSING STANDARDS 40
5.3.7 GENERAL DATA PROTECTION REGULATION 40
5.4 INNOVATION SPOTLIGHT 41
5.5 USE CASES 41
5.5.1 LARGE-SCALE ADOPTION OF EMAIL ENCRYPTION IN FINANCIAL ORGANIZATIONS IN THE UK 41
5.5.2 ADOPTION OF ENCRYPTION SOLUTION BY A CLINICAL RESEARCH COMPANY 41
5.5.3 RELIANCE OF SMALL AND MEDIUM FINANCIAL COMPANIES ON DATA ENCRYPTION 42
5.5.4 LARGE-SCALE ADOPTION OF ENCRYPTION BY IT AND TELECOM COMPANIES 42
5.5.5 NEED FOR BEST-IN-CLASS ENCRYPTION SOLUTIONS FOR GOVERNMENT SECTOR IN CANADA 42
5.5.6 HEALTHCARE VERTICAL RELYING ON CLOUD-BASED ENCRYPTION SOLUTIONS 43
5.6 TYPE OF ENCRYPTION ALGORITHMS 43
5.6.1 DATA ENCRYPTION STANDARD 43
5.6.2 ADVANCED ENCRYPTION STANDARD 43
5.6.3 TRIPLE-DES 43
5.6.4 BLOWFISH ALGORITHM 44
5.6.5 HOMOMORPHIC ENCRYPTION 44
5.6.6 RSA 44
5.6.7 DIFFIE-HELLMAN KEY EXCHANGE 44
5.6.8 QUANTUM CRYPTOGRAPHY 44
5.6.9 POST QUANTUM CRYPTOGRAPHY 44

6 ENCRYPTION SOFTWARE MARKET ANALYSIS, BY COMPONENT 45
6.1 INTRODUCTION 46
6.2 SOLUTION 47
6.2.1 TYPES OF DATA ENCRYPTED 47
6.2.1.1 Data at rest 47
6.2.1.2 Data in transit 47
6.2.1.3 Data in use 47
6.2.2 TYPES OF ENCRYPTION 48
6.2.2.1 Symmetric encryption 48
6.2.2.2 Asymmetric encryption 48
6.2.3 KEY MANAGEMENT 48
6.3 SERVICES 49
6.3.1 PROFESSIONAL SERVICES 51
6.3.1.1 Support and maintenance 52
6.3.1.2 Training and education 53
6.3.1.3 Planning and consulting 54
6.3.2 MANAGED SERVICES 54
7 ENCRYPTION SOFTWARE MARKET ANALYSIS, BY APPLICATION 56
7.1 INTRODUCTION 57
7.2 DISK ENCRYPTION 58
7.3 FILE/FOLDER ENCRYPTION 59
7.4 DATABASE ENCRYPTION 59
7.4.1 APPLICATION-LEVEL ENCRYPTION 60
7.4.2 DATABASE-LEVEL ENCRYPTION 60
7.5 COMMUNICATION ENCRYPTION 61
7.5.1 VOICE ENCRYPTION 61
7.5.2 EMAIL ENCRYPTION 61
7.5.3 INSTANT MESSAGING ENCRYPTION 61
7.6 CLOUD ENCRYPTION 62
8 ENCRYPTION SOFTWARE MARKET ANALYSIS, BY DEPLOYMENT TYPE 63
8.1 INTRODUCTION 64
8.2 ON-PREMISES 65
8.3 CLOUD 66
9 ENCRYPTION SOFTWARE MARKET ANALYSIS, BY ORGANIZATION SIZE 67
9.1 INTRODUCTION 68
9.2 LARGE ENTERPRISES 69
9.3 SMALL AND MEDIUM-SIZED ENTERPRISES 70

10 ENCRYPTION SOFTWARE MARKET ANALYSIS, BY VERTICAL 71
10.1 INTRODUCTION 72
10.2 BANKING, FINANCIAL SERVICES, AND INSURANCE 73
10.3 AEROSPACE AND DEFENSE 74
10.4 HEALTHCARE 74
10.5 GOVERNMENT AND PUBLIC UTILITIES 75
10.6 TELECOM AND IT 76
10.7 RETAIL 77
10.8 OTHERS 77
11 GEOGRAPHIC ANALYSIS 79
11.1 INTRODUCTION 80
11.2 NORTH AMERICA 81
11.3 EUROPE 85
11.4 ASIA PACIFIC 88
11.5 MIDDLE EAST AND AFRICA 92
11.6 LATIN AMERICA 95
12 COMPETITIVE LANDSCAPE 99
12.1 OVERVIEW 99
12.2 MARKET RANKING ANALYSIS, BY COMPANY 99
13 COMPANY PROFILES 100
13.1 CIPHERCLOUD 100
(Overview, Strength of Product Portfolio, Business Strategy Excellence, and Recent Developments)*
13.2 DELL 105
13.3 ESET 108
13.4 GEMALTO 111
13.5 IBM 115
13.6 MCAFEE 119
13.7 MICROSOFT 121
13.8 PKWARE 124
13.9 SOPHOS 127
13.10 SYMANTEC 131
13.11 THALES E-SECURITY 135
13.12 TREND MICRO 140
*Details on Overview, Strength of Product Portfolio, Business Strategy Excellence, and Recent Developments might not be captured in case of unlisted companies.

14 APPENDIX 144
14.1 DISCUSSION GUIDE 144
14.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 147
14.3 INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE 149
14.4 AVAILABLE CUSTOMIZATIONS 150
14.5 RELATED REPORTS 150
14.6 AUTHOR DETAILS 151

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