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Global Encryption Software Market 2015-2019

Global Encryption Software Market 2015-2019

About Encryption Software

Encryption is a technique that secures data by converting plain text into a cipher format during transmission through the internet. The process uses mathematical algorithms that convert the information into an undecipherable format that can only be accessed using a secret code. The strength of an encryption code is measured by its length, which is determined by the number of bits used, as it is directly proportional to the number of possible codes or combinations. Though the primary goal of an encryption software is to encrypt and decrypt data, it also includes features such as shredding.

TechNavio's analysts forecast the Global Encryption Software market to grow at a CAGR of 17.36 percent over the period 2014-2019.

Covered in this Report

This report covers the present scenario and the growth prospects of the Global Encryption Software market for the period 2015-2019. To calculate the market size, the report considers revenue generated from encryption software, solutions, tools, applications, services, support, and maintenance.The report also presents the vendor landscape and a corresponding detailed analysis of the six major vendors in the market. It provides a geographical segmentation of the market for 2014 and details of the major drivers, challenges, and trends in the market. It also provides a segmentation based on data usage, applications, and end-users in the market.Key Regions

  • Americas
  • APAC
  • EMEA
Key Vendors
  • Check Point Software Technologies
  • Cisco Systems
  • McAfee
  • Microsoft
  • Symantec
  • Trend Micro
Other Prominent Vendors
  • EMC
  • Entrust
  • HP
  • IBM
  • ProofPoint
  • SAS Institute
  • Sophos
  • Tumbleweed Communications
  • Voltage Security
  • WinMagic
  • Zix
  • Market Driver
  • Increased Incidence of Data Breaches
  • For a full, detailed list, view our report
  • Market Challenge
  • Complexities Related to Encryption
  • For a full, detailed list, view our report
  • Market Trend
  • Increased Adoption of BYOD
  • For a full, detailed list, view our report
Key Questions Answered in this Report
  • What will the market size be in 2019 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?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

TechNavio Announces the Publication of its Research Report – Global Encryption Software Market 2015-2019

TechNavio recognizes the following companies as the key players in the Global Encryption Software Market: Check Point Software Technologies Ltd., Cisco Systems Inc., McAfee Inc., Microsoft Corp., Symantec Corp. and Trend Micro Inc.

Other Prominent Vendors in the market are: EMC, Entrust, HP, IBM, ProofPoint, SAS Institute, Sophos, Tumbleweed Communications, Voltage Security, WinMagic and Zix

Commenting on the report, an analyst from TechNavio’s team said: “One key trend upcoming in this market is increased adoption of the BYOD policy. Most enterprises in developing countries and SMEs cannot afford expensive on-premises encryption software solutions. Hence, they are adopting BYOD solutions, which can manage their business operations and provide secure access to data from any place with less capital investment.”

According to the report, increase in the number of data breaches is a key driver of the market. Organizations are increasingly focusing on securing critical data and improving customer satisfaction. Encryption software provides organizations with various regulations that help to reduce the number of breaches, driving the demand for encryption software solutions.

Further, the report states that one major challenge in the market is the complexity of encryption. For encryption, algorithms convert data into an encoded format. However, different types of encryption use different amounts of space to store data, and managing with less space in less time can become complex with the increasing demand for encryption solutions. Regulatory restrictions are also hindering the growth of the market.

Companies Mentioned

Check Point Software Technologies, Cisco Systems, McAfee, Microsoft, Symantec, Trend Micro, EMC, Entrust, HP, IBM, ProofPoint, SAS Institute, Sophos, Tumbleweed Communications, Voltage Security, WinMagic, Zix

  • Executive Summary
  • List of Abbreviations
  • Scope of the Report
    • Market Overview
    • Product Offerings
  • Market Research Methodology
    • Market Research Process
    • Research Methodology
      • Table Market Research Methodology
  • Introduction
  • Market Landscape
    • Market Overview
      • Table Global Encryption Software Market Overview
    • Encryption Workflow
      • Table Encryption Workflow: Sender to Receiver
    • Regulations and Standards in Encryption
      • Financial Sector
      • Healthcare Sector
      • Other Industries, Individual Data, and Government Sector
    • Market Size and Forecast
      • Table Global Encryption Software Market 2014-2019 (US$ billion)
    • Global Encryption Software Market by Data Usage
      • Table Global Encryption Software Market by Data Usage 2014
    • Global Encryption Software Market by Application
      • Table Global Encryption Software Market by Application
    • Five Forces Analysis
  • Market Segmentation by End-user
    • Global Encryption Software Market by End-user 2014-2019
      • Table Global Encryption Software Market by End-user 2014
  • Geographical Segmentation
    • Global Encryption Software Market by Geographical Segmentation 2014-2019
      • Table Global Encryption Software Market by Geographical Segmentation 2014
      • Table Global Encryption Software Market by Geographical Segmentation 2014-2019
      • Table Global Encryption Software Market by Geographical Segmentation 2014-2019 (US$ billion)
  • Key Leading Countries
    • US
    • Germany
    • Japan
  • Buying Criteria
  • Market Growth Drivers
  • Drivers and their Impact
  • Market Challenges
  • Impact of Drivers and Challenges
  • Market Trends
  • Trends and their Impact
  • Vendor Landscape
    • Competitive Scenario
    • Major Vendors 2014
    • Product Compatibility in Various Operating Systems
      • Table Product Compatibility in Operating Systems
    • Other Prominent Vendors
  • Key Vendor Analysis
    • Check Point Software
      • Key Facts
      • Business Overview
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • Cisco Systems
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue
        • Table Business Segmentation of Cisco Systems by Revenue 2013
        • Table Business Segmentation of Cisco Systems by Revenue 2011-2013 (US$ billion)
      • Geographical Segmentation by Revenue
        • Table Geographical Segmentation of Cisco Systems by Revenue 2013
      • Business Strategy
      • Key Information
      • SWOT Analysis
    • McAfee
      • Key Facts
      • Business Overview
      • Product Segmentation
        • Table McAfee: Product Segmentation 2013
      • Key Locations
        • Table McAfee: Key Locations
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • Microsoft
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2013
        • Table Microsoft: Business Segmentation by Revenue 2013
      • Business Segmentation by Revenue 2012 and 2013
        • Table Microsoft: Business Segmentation by Revenue 2012 and 2013(US$ billion)
      • Geographical Segmentation by Revenue 2013
        • Table Microsoft: Geographical Segmentation by Revenue 2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • Symantec
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2013
        • Table Symantec: Business Segmentation by Revenue 2013
      • Business Segmentation by Revenue 2013 and 2014
        • Table Symantec: Business Segmentation by Revenue 2013 and 2014 (US$ million)
      • Geographical Segmentation by Revenue 2013
        • Table Symantec: Geographical Segmentation by Revenue 2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • Trend Micro
      • Key Facts
      • Business Overview
      • Geographical Segmentation by Revenue 2012 and 2013
        • Table Trend Micro: Geographical Segmentation by Revenue 2012 and 2013 (US$ million)
      • Geographical Segmentation by Revenue 2013
        • Table Trend Micro: Geographical Segmentation by Revenue 2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
  • Other Reports in this Series

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