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Cloud Encryption Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Publisher Fortune Business Insights Pvt. Ltd.
Published May 01, 2024
Length 150 Pages
SKU # FOB18812941

Description

Cloud Encryption Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032



Growth Factors of Cloud Encryption Market

The cloud encryption market size was valued at USD 3.18 billion in 2023, and the market is now projected to grow from USD 4.07 billion in 2024 to USD 34.63 billion by 2032, exhibiting a CAGR of 30.7% during the forecast period of 2024-2032.

The COVID-19 pandemic elevated cloud carrier adoption amidst remote work, heightening records safety concerns. Addressing protection demanding situations, strong cloud encryption strategies, implementation, and continuous tracking are critical for ensuring information protection within the cloud.

Heightened issues about privateers and statistics safety force call for for cloud encryption answers, ensuring robust protection against unauthorized access and compliance with guidelines like PCI DSS and GDPR. The fee-effectiveness of these solutions appeals to organizations of all sizes, permitting facts safety without good sized infrastructure investments. This fashion speeds up market growth, mainly reaping rewards organizations with restrained budgets.

The growing adoption of cloud and virtualization technology fuels market growth by using offering scalability, flexibility, and fee-performance to agencies. Virtualization permits green resource allocation and the introduction of virtual times, lowering reliance on high-priced on-premises hardware.

Comprehensive Analysis of Cloud Encryption Market

The cloud encryption market growth is rising at an exponential rate due to its market segmentation. This market expansion effectively provides a detailed regional assessments considering the dominant supply and demand forces that impact the industry. These segmentations are methodically segregated by component analysis, by service model analysis, by enterprise type analysis and by industrial analysis. By component analysis include solution and services. By service model analysis include, Platform-as-a-Service, Infrastructure-as-a-Service, and Software-as-a-Service. By enterprise type analysis include, vast amounts of sensitive data, including customer information, financial records, and intellectual property. By industrial analysis include, BFSI, healthcare, retail & ecommerce, IT & telecommunication, government, aerospace & defense and others.

The North America region lead the cloud encryption market share by benefitting a market size of USD 0.68 billion in 2023 due to the region has experienced several high-profile data breaches in recent years, which have resulted in outrage among companies providing cloud services as the privacy of user data was compromised.

The top players in the market play a crucial role in the industry assuring market growth and setting market standards. These players include IBM, Sophos Group plc, Thales Group, Skyhigh Security, Microsoft, Netspoke Inc., Cisco Systems, Inc., Hewlett Packard Enterprise, Atos, Hitachi Solutions, Ltd., these market players provide a level-playing competitive landscape.

In December 2023, Cisco Systems Inc. introduces an artificial intelligence assistant, the Cisco AI Assistant for Security, enhancing cyber security with policy recommendations, advanced data analysis, and automated task management to help customers make informed decisions and automate difficult tasks.

Segmentation Table

Attribute Details

Study Period 2019-2032

Base Year 2023

Estimated Year 2024

Forecast Period 2024-2032

Historical Period 2019-2022

Growth Rate CAGR of 30.7% from 2024 to 2032

Unit Value (USD Billion)

Segmentation By Component

Solution

Services

By Service Model

PaaS

IaaS

SaaS

By Enterprise Type

Large Enterprises

Small & Medium Enterprises

By Industry

BFSI

Healthcare

Retail & Ecommerce

IT & Telecommunication

Government

Aerospace & Defense

Others (Education, Manufacturing, Media & Entertainment)

By Region

North America (By Component, Service Model, Enterprise Type, Industry and Country)

- U.S. (By Industry)

- Canada (By Industry)

- Mexico (By Industry)

South America (By Component, Service Model, Enterprise Type, Industry and Country)

- Brazil (By Industry)

- Argentina (By Industry)

- Rest of South America

Europe (By Component, Service Model, Enterprise Type, Industry and Country)

- Germany (By Industry)

- France (By Industry)

- Italy (By Industry)

- Spain (By Industry)

- Russia (By Industry)

- Benelux (By Industry)

- Nordics (By Industry)

- Rest of Europe

Middle East & Africa (By Component, Service Model, Enterprise Type, Industry and Country)

- Turkey (By Industry)

- Israel (By Industry)

- GCC (By Industry)

- South Africa (By Industry)

- North Africa (By Industry)

- Rest of the Middle East & Africa

Asia Pacific (By Component, Service Model, Enterprise Type, Industry and Country)

- China (By Industry)

- India (By Industry)

- Japan (By Industry)

- South Korea (By Industry)

- ASEAN (By Industry)

- Oceania (By Industry)

- Rest of Asia Pacific


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Table of Contents

150 Pages
1. Introduction
1.1. Definition, By Segment
1.2. Research Methodology/Approach
1.3. Data Sources
2. Executive Summary
3. Market Dynamics
3.1. Macro and Micro Economic Indicators
3.2. Drivers, Restraints, Opportunities and Trends
4. Competition Landscape
4.1. Business Strategies Adopted by Key Players
4.2. Consolidated SWOT Analysis of Key Players
4.3. Global Cloud Encryption Key Players Market Share/Ranking, 2023
5. Global Cloud Encryption Market Size Estimates and Forecasts, By Segments, 2019-2032
5.1. Key Findings
5.2. By Component (USD)
5.2.1. Solution
5.2.2. Services
5.3. By Service Model (USD)
5.3.1. PaaS
5.3.2. IaaS
5.3.3. SaaS
5.4. By Enterprise Type (USD)
5.4.1. Large Enterprises
5.4.2. Small & Medium Enterprises
5.5. By Industry (USD)
5.5.1. BFSI
5.5.2. Healthcare
5.5.3. Retail & Ecommerce
5.5.4. IT & Telecommunications
5.5.5. Government
5.5.6. Aerospace & Defense
5.5.7. Others (Education, Manufacturing, Media & Entertainment, etc.)
5.6. By Region (USD)
5.6.1. North America
5.6.2. South America
5.6.3. Europe
5.6.4. Middle East & Africa
5.6.5. Asia Pacific
6. North America Cloud Encryption Market Size Estimates and Forecasts, By Segments, 2019-2032
6.1. Key Findings
6.2. By Component (USD)
6.2.1. Solution
6.2.2. Services
6.3. By Service Model (USD)
6.3.1. PaaS
6.3.2. IaaS
6.3.3. SaaS
6.4. By Enterprise Type (USD)
6.4.1. Large Enterprises
6.4.2. Small & Medium Enterprises
6.5. By Industry (USD)
6.5.1. BFSI
6.5.2. Healthcare
6.5.3. Retail & Ecommerce
6.5.4. IT & Telecommunications
6.5.5. Government
6.5.6. Aerospace & Defense
6.5.7. Others (Education, Manufacturing, Media & Entertainment, etc.)
6.6. By Country (USD)
6.6.1. United States
6.6.1.1. By Industry
6.6.2. Canada
6.6.2.1. By Industry
6.6.3. Mexico
6.6.3.1. By Industry
7. South America Cloud Encryption Market Size Estimates and Forecasts, By Segments, 2019-2032
7.1. Key Findings
7.2. By Component (USD)
7.2.1. Solution
7.2.2. Services
7.3. By Service Model (USD)
7.3.1. PaaS
7.3.2. IaaS
7.3.3. SaaS
7.4. By Enterprise Type (USD)
7.4.1. Large Enterprises
7.4.2. Small & Medium Enterprises
7.5. By Industry (USD)
7.5.1. BFSI
7.5.2. Healthcare
7.5.3. Retail & Ecommerce
7.5.4. IT & Telecommunications
7.5.5. Government
7.5.6. Aerospace & Defense
7.5.7. Others (Education, Manufacturing, Media & Entertainment, etc.)
7.6. By Country (USD)
7.6.1. Brazil
7.6.1.1. By Industry
7.6.2. Argentina
7.6.2.1. By Industry
7.6.3. Rest of South America
8. Europe Cloud Encryption Market Size Estimates and Forecasts, By Segments, 2019-2032
8.1. Key Findings
8.2. By Component (USD)
8.2.1. Solution
8.2.2. Services
8.3. By Service Model (USD)
8.3.1. PaaS
8.3.2. IaaS
8.3.3. SaaS
8.4. By Enterprise Type (USD)
8.4.1. Large Enterprises
8.4.2. Small & Medium Enterprises
8.5. By Industry (USD)
8.5.1. BFSI
8.5.2. Healthcare
8.5.3. Retail & Ecommerce
8.5.4. IT & Telecommunications
8.5.5. Government
8.5.6. Aerospace & Defense
8.5.7. Others (Education, Manufacturing, Media & Entertainment, etc.)
8.6. By Country (USD)
8.6.1. United Kingdom
8.6.1.1. By Industry
8.6.2. Germany
8.6.2.1. By Industry
8.6.3. France
8.6.3.1. By Industry
8.6.4. Italy
8.6.4.1. By Industry
8.6.5. Spain
8.6.5.1. By Industry
8.6.6. Russia
8.6.6.1. By Industry
8.6.7. Benelux
8.6.7.1. By Industry
8.6.8. Nordics
8.6.8.1. By Industry
8.6.9. Rest of Europe
9. Middle East & Africa Cloud Encryption Market Size Estimates and Forecasts, By Segments, 2019-2032
9.1. Key Findings
9.2. By Component (USD)
9.2.1. Solution
9.2.2. Services
9.3. By Service Model (USD)
9.3.1. PaaS
9.3.2. IaaS
9.3.3. SaaS
9.4. By Enterprise Type (USD)
9.4.1. Large Enterprises
9.4.2. Small & Medium Enterprises
9.5. By Industry (USD)
9.5.1. BFSI
9.5.2. Healthcare
9.5.3. Retail & Ecommerce
9.5.4. IT & Telecommunications
9.5.5. Government
9.5.6. Aerospace & Defense
9.5.7. Others (Education, Manufacturing, Media & Entertainment, etc.)
9.6. By Country (USD)
9.6.1. Turkey
9.6.1.1. By Industry
9.6.2. Israel
9.6.2.1. By Industry
9.6.3. GCC
9.6.3.1. By Industry
9.6.4. North Africa
9.6.4.1. By Industry
9.6.5. South Africa
9.6.5.1. By Industry
9.6.6. Rest of MEA
10. Asia Pacific Cloud Encryption Market Size Estimates and Forecasts, By Segments, 2019-2032
10.1. Key Findings
10.2. By Component (USD)
10.2.1. Solution
10.2.2. Services
10.3. By Service Model (USD)
10.3.1. PaaS
10.3.2. IaaS
10.3.3. SaaS
10.4. By Enterprise Type (USD)
10.4.1. Large Enterprises
10.4.2. Small & Medium Enterprises
10.5. By Industry (USD)
10.5.1. BFSI
10.5.2. Healthcare
10.5.3. Retail & Ecommerce
10.5.4. IT & Telecommunications
10.5.5. Government
10.5.6. Aerospace & Defense
10.5.7. Others (Education, Manufacturing, Media & Entertainment, etc.)
10.6. By Country (USD)
10.6.1. China
10.6.1.1. By Industry
10.6.2. India
10.6.2.1. By Industry
10.6.3. Japan
10.6.3.1. By Industry
10.6.4. South Korea
10.6.4.1. By Industry
10.6.5. ASEAN
10.6.5.1. By Industry
10.6.6. Oceania
10.6.6.1. By Industry
10.6.7. Rest of Asia Pacific
11. Company Profiles for Top 10 Players (Based on data availability in public domain and/or on paid databases)
11.1. IBM
11.1.1. Overview
11.1.1.1. Key Management
11.1.1.2. Headquarters
11.1.1.3. Offerings/Business Segments
11.1.2. Key Details (Key details are consolidated data and not product/service specific)
11.1.2.1. Employee Size
11.1.2.2. Past and Current Revenue
11.1.2.3. Geographical Share
11.1.2.4. Business Segment Share
11.1.2.5. Recent Developments
11.2. Sophos Group Plc.
11.2.1. Overview
11.2.1.1. Key Management
11.2.1.2. Headquarters
11.2.1.3. Offerings/Business Segments
11.2.2. Key Details (Key details are consolidated data and not product/service specific)
11.2.2.1. Employee Size
11.2.2.2. Past and Current Revenue
11.2.2.3. Geographical Share
11.2.2.4. Business Segment Share
11.2.2.5. Recent Developments
11.3. Thales Group
11.3.1. Overview
11.3.1.1. Key Management
11.3.1.2. Headquarters
11.3.1.3. Offerings/Business Segments
11.3.2. Key Details (Key details are consolidated data and not product/service specific)
11.3.2.1. Employee Size
11.3.2.2. Past and Current Revenue
11.3.2.3. Geographical Share
11.3.2.4. Business Segment Share
11.3.2.5. Recent Developments
11.4. Skyhigh Security
11.4.1. Overview
11.4.1.1. Key Management
11.4.1.2. Headquarters
11.4.1.3. Offerings/Business Segments
11.4.2. Key Details (Key details are consolidated data and not product/service specific)
11.4.2.1. Employee Size
11.4.2.2. Past and Current Revenue
11.4.2.3. Geographical Share
11.4.2.4. Business Segment Share
11.4.2.5. Recent Developments
11.5. Microsoft
11.5.1. Overview
11.5.1.1. Key Management
11.5.1.2. Headquarters
11.5.1.3. Offerings/Business Segments
11.5.2. Key Details (Key details are consolidated data and not product/service specific)
11.5.2.1. Employee Size
11.5.2.2. Past and Current Revenue
11.5.2.3. Geographical Share
11.5.2.4. Business Segment Share
11.5.2.5. Recent Developments
11.6. Netspoke, Inc.
11.6.1. Overview
11.6.1.1. Key Management
11.6.1.2. Headquarters
11.6.1.3. Offerings/Business Segments
11.6.2. Key Details (Key details are consolidated data and not product/service specific)
11.6.2.1. Employee Size
11.6.2.2. Past and Current Revenue
11.6.2.3. Geographical Share
11.6.2.4. Business Segment Share
11.6.2.5. Recent Developments
11.7. Cisco Systems, Inc.
11.7.1. Overview
11.7.1.1. Key Management
11.7.1.2. Headquarters
11.7.1.3. Offerings/Business Segments
11.7.2. Key Details (Key details are consolidated data and not product/service specific)
11.7.2.1. Employee Size
11.7.2.2. Past and Current Revenue
11.7.2.3. Geographical Share
11.7.2.4. Business Segment Share
11.7.2.5. Recent Developments
11.8. Hewlett Packard Enterprise
11.8.1. Overview
11.8.1.1. Key Management
11.8.1.2. Headquarters
11.8.1.3. Offerings/Business Segments
11.8.2. Key Details (Key details are consolidated data and not product/service specific)
11.8.2.1. Employee Size
11.8.2.2. Past and Current Revenue
11.8.2.3. Geographical Share
11.8.2.4. Business Segment Share
11.8.2.5. Recent Developments
11.9. Atos
11.9.1. Overview
11.9.1.1. Key Management
11.9.1.2. Headquarters
11.9.1.3. Offerings/Business Segments
11.9.2. Key Details (Key details are consolidated data and not product/service specific)
11.9.2.1. Employee Size
11.9.2.2. Past and Current Revenue
11.9.2.3. Geographical Share
11.9.2.4. Business Segment Share
11.9.2.5. Recent Developments
11.10. Hitachi Solutions, Ltd.
11.10.1. Overview
11.10.1.1. Key Management
11.10.1.2. Headquarters
11.10.1.3. Offerings/Business Segments
11.10.2. Key Details (Key details are consolidated data and not product/service specific)
11.10.2.1. Employee Size
11.10.2.2. Past and Current Revenue
11.10.2.3. Geographical Share
11.10.2.4. Business Segment Share
11.10.2.5. Recent Developments
12. Key Takeaways

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