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Global Cloud Encryption Market 2018-2022

Global Cloud Encryption Market 2018-2022

About Cloud Encryption

Cloud encryption principally transforms the user's data into ciphertext. Cloud encryption applications offer encrypted connections to a limited data, which is categorized as sensitive data or full end-to-end encryption of all the data that will be transferred to the cloud.

Technavio’s analysts forecast the global cloud encryption market to grow at a CAGR of 34.82% during the period 2018-2022.

Covered in this report

The report covers the present scenario and the growth prospects of the global cloud encryption market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA


Technavio's report, Global Cloud Encryption Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Gemalto
  • Sophos
  • Symantec
Market driver
  • Increasing demand to counter IT shadow
  • For a full, detailed list, view our report
Market challenge
  • Rise of BYOD policy
  • For a full, detailed list, view our report
Market trend
  • Growing adoption of biometric encryption
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2022 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Cloud Encryption Market 2018-2022

Technavio recognizes the following companies as the key players in the global cloud encryption market: Gemalto, Sophos, and Symantec.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is growing adoption of biometric encryption. Cloud-related technology is being increasingly adopted in the market. This technology can connect multiple users anywhere in the world to exchange data. Though cloud has multiple benefits, it faces the biggest challenge in terms of security”

According to the report, one driver in the market is increasing demand to counter IT shadow. With rapid digitalization, businesses are growing very quickly and hence; the IT shadow is increasing with it. As per the current market scenario, it has been found that the Internal business units are operating groups, which often bypass IT services and security controls

Further, the report states that one challenge in the market is rise of BYOD policy. Companies that are trying make the workplace more employee-oriented are allowing employees to bring their own devices to work. However, this trend has become the worst nightmare for any organization's IT department

Companies Mentioned

Gemalto, Sophos, and Symantec.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Market landscape
    • Market ecosystem
      • Table Parent market
      • Table Global IT security market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2017
      • Table Market size 2017
      • Table Validation techniques employed for market sizing 2017
    • Market size and forecast 2017-2022
      • Table Global cloud encryption market - Market size and forecast 2017-2022 ($ bn)
      • Table Global - Year-over-year growth 2018-2022 (%)
  • Five forces analysis
    • Table Five forces analysis 2017
    • Table Five forces analysis 2022
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2017
  • Customer landscape
    • Table Customer landscape
  • Market segmentation by end-user
    • Segmentation by end-user
      • Table End-user - Market share 2017-2022 (%)
    • Comparison by end-user
      • Table Comparison by end-user
    • BFSI - Market size and forecast 2017-2022
      • Table BFSI - Market size and forecast 2017-2022 ($ bn)
      • Table BFSI - Year-over-year growth 2018-2022 (%)
    • Manufacturing- Market size and forecast 2017- 2022
      • Table Manufacturing- Market size and forecast 2017-2022 ($ bn)
      • Table Manufacturing - Year-over-year growth 2018-2022 (%)
    • Professional services - Market size and forecast 2017-2022
      • Table Professional services - Market size and forecast 2017-2022 ($ bn)
      • Table Professional services - Year-over-year growth 2018-2022 (%)
    • Healthcare - Market size and forecast 2017-2022
      • Table Healthcare - Market size and forecast 2017-2022 ($ bn)
      • Table Healthcare - Year-over-year growth 2018-2022 (%)
    • Government - Market size and forecast 2017- 2022
      • Table Government - Market size and forecast 2017-2022 ($ bn)
      • Table Government - Year-over-year growth 2018-2022 (%)
    • Others - Market size and forecast 2017-2022
      • Table Others - Market size and forecast 2017-2022 ($ bn)
      • Table Others - Year-over-year growth 2018-2022 (%)
    • Market opportunity by end-user
      • Table Market opportunity by end-user
  • Regional landscape
    • Geographical segmentation
      • Table Global - Market share by geography 2017-2022 (%)
    • Regional comparison
      • Table Regional comparison
    • Americas - Market size and forecast 2017-2022
      • Table Americas - Market size and forecast 2017-2022 ($ bn)
      • Table Americas - Year-over-year growth 2018-2022 (%)
      • Table Top 3 countries in Americas
    • EMEA - Market size and forecast 2017-2022
      • Table EMEA - Market size and forecast 2017-2022 ($ bn)
      • Table EMEA - Year-over-year growth 2018-2022 (%)
      • Table Top 3 countries in EMEA
    • APAC - Market size and forecast 2017-2022
      • Table APAC - Market size and forecast 2017-2022 ($ bn)
      • Table APAC - Year-over-year growth 2018-2022 (%)
      • Table Top 3 countries in APAC
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
    • Growing adoption of biometric encryption
    • Increasing adoption of cloud-based multifactor authentication
    • Increasing adoption in SMEs
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Gemalto
      • Table Gemalto: Overview
      • Table Gemalto - Business segments
      • Table Gemalto - Organizational developments
      • Table Gemalto - Geographic focus
      • Table Gemalto - Segment focus
      • Table Gemalto - Key offerings
    • Sophos
      • Table Sophos: Overview
      • Table Sophos - Business segments
      • Table Sophos - Organizational developments
      • Table Sophos - Geographic focus
      • Table Sophos - Segment focus
      • Table Sophos - Key offerings
    • Symantec
      • Table Symantec: Overview
      • Table Symantec - Business segments
      • Table Symantec - Organizational developments
      • Table Symantec - Geographic focus
      • Table Symantec - Segment focus
      • Table Symantec - Key offerings
  • Appendix
    • List of abbreviations
  • Explore Technavio

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