Market Research Logo

Encryption Software Market by Application (Disk Encryption, File/Folder Encryption, Database Encryption, Communication Encryption, Cloud Encryption), Service, Deployment Type, User Type, Industry Vertical, Region - Global Forecast to 2021

Encryption Software Market by Application (Disk Encryption, File/Folder Encryption, Database Encryption, Communication Encryption, Cloud Encryption), Service, Deployment Type, User Type, Industry Vertical, Region - Global Forecast to 2021

“Increasing need to safeguard data against cyber-attacks will drive the encryption software market”
The encryption software market size is estimated to grow from USD 3.05 billion in 2016 to USD 8.94 billion by 2021, at an estimated CAGR of 24.0%. The encryption software market is driven by factors such as increasing need to safeguard critical business information against advanced threats, manifestation of dynamic business environment, and compliance to cyber security guidelines and regulations. However, increasing operational costs and emergence of hardware-based full disk encryption limit the growth of encryption software market.

“Cloud encryption segment is expected to grow at highest CAGR during the forecast period”
The cloud encryption segment is estimated to grow at the highest CAGR during the forecast period, due to the increased adoption of cloud-based storage and applications across various business processes. Increased intensity and volume of cyber-attacks have further increased data security concerns for organization that have adopted cloud for data storage. Disk encryption will have largest market size in 2016, as data storage disks are also suseptible to cyber attacks. Moreover, with the emergence of BYOD trend, the loss and theft of mobile devices comprising business data, further increases the data security concerns.

“Managed services segment is expected to grow at highest CAGR during the forecast period”
The organizations are steadily growing their partnership networks in order to deploy the encryption software solutions across the globe. Thus, the managed services segment is expected to grow at the highest CAGR during the forecast period. However, professional services segment is expected to have the largest market size in 2016.

“Asia-Pacific (APAC) is expected to have the highest growth rate during the forecast period”
APAC includes emerging economies, such as China, Japan, and India, which are rapidly deploying encryption software solutions. APAC is expected to grow at the highest CAGR during the forecast period. This is primarily due to the increasing instances of severe cyber-attacks in verticals such as BFSI and IT & Telecom with the surging volume payments and transactions taking place over the internet. Furthermore, North America is expected to have the largest market size in 2016.

In-depth interviews were conducted with CEOs, marketing directors, other innovation and technology directors, and executives from various key organizations operating in the encryption software market place.
By Company Type: Tier 1: 55%, Tier 2: 20%, Tier 3: 25%
By Designation: C-Level: 60%, Director Level: 25%, Others: 15%
By Region: North America: 15%, Europe: 25%, APAC: 30%, Latin America: 20%, MEA: 10%
The report includes the study of key players offering encryption software solutions such as Microsoft Corporation (U.S.), Sophos Ltd. (U.S.), CheckPoint Software Technologies Ltd. (Israel)., Trend Micro Inc. (Japan), Symantec Corporation (U.S.), IBM Corporation (U.S.), SAS Institute Inc. (U.S.), Intel Security Group (McAfee) (U.S.), EMC Corporation (U.S.), and WinMagic Inc. (Canada).

Research Coverage:
The report provides a picture on encryption software solutions and associated services across different industry verticals and regions. It aims at estimating the market size and future growth potential of this market across different segments such as application, service, deployment type, user type, industry verticals, and regions. Furthermore, the report also includes an in-depth competitive analysis of the key players in the market along with their company profiles, SWOT analysis, recent developments, and key market strategies.

Key Benefits of Buying the Report:
The report will help the market leaders/new entrants in this market by providing them the closest approximations of the revenue numbers for the overall encryption software market and subsegments. This report will help stakeholders to better understand the competitor landscape and gain more insights to better position their businesses and make suitable go-to-market strategies. The report also helps the stakeholders to understand the pulse of the market and provides them information on key market drivers, restraints, challenges, and opportunities.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • MARKET SCOPE
      • MARKETS COVERED
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • MARKET BREAKDOWN AND DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS
  • EXECUTIVE SUMMARY
    • Table ENCRYPTION SOFTWARE MARKET SIZE AND GROWTH, 2014-2021 (USD MILLION, Y-O-Y %)
  • PREMIUM INSIGHTS
    • ATTRACTIVE MARKET OPPORTUNITIES IN THE GLOBAL ENCRYPTION SOFTWARE MARKET
    • GLOBAL ENCRYPTION SOFTWARE MARKET: TOP THREE APPLICATIONS, 2016-2021
    • GLOBAL ENCRYPTION SOFTWARE MARKET: BY INDUSTRY VERTICAL AND REGION, 2016
    • LIFECYCLE ANALYSIS, BY REGION 2016
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET EVOLUTION
    • MARKET SEGMENTATION
      • BY APPLICATION
      • BY SERVICE
      • BY DEPLOYMENT TYPE
      • BY USER TYPE
      • BY INDUSTRY VERTICAL
      • BY REGION
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
  • INDUSTRY TRENDS
    • INTRODUCTION
    • VALUE CHAIN ANALYSIS
    • STANDARDS AND REGULATIONS
      • ADVANCED ENCRYPTION STANDARDS
      • FEDERAL INFORMATION PROCESSING STANDARDS
      • PAYMENT CARD INDUSTRY DATA SECURITY STANDARD
      • HEALTH INSURANCE PORTABILITY AND ACCOUNTABILITY ACT
  • ENCRYPTION SOFTWARE MARKET ANALYSIS, BY APPLICATION
    • INTRODUCTION
      • Table ENCRYPTION SOFTWARE MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
    • DISK ENCRYPTION
      • Table DISK ENCRYPTION: ENCRYPTION SOFTWARE MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • FILE/FOLDER ENCRYPTION
      • Table FILE/FOLDER ENCRYPTION: ENCRYPTION SOFTWARE MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • DATABASE ENCRYPTION
      • Table DATABASE ENCRYPTION: ENCRYPTION SOFTWARE MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • COMMUNICATION ENCRYPTION
      • Table COMMUNICATION ENCRYPTION: ENCRYPTION SOFTWARE MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • CLOUD ENCRYPTION
      • Table CLOUD ENCRYPTION: ENCRYPTION SOFTWARE MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
  • ENCRYPTION SOFTWARE MARKET ANALYSIS, BY SERVICE
    • INTRODUCTION
      • Table ENCRYPTION SOFTWARE MARKET SIZE, BY SERVICE, 2014-2021 (USD MILLION)
    • PROFESSIONAL SERVICES
      • Table PROFESSIONAL SERVICES: ENCRYPTION SOFTWARE MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • MANAGED SERVICES
      • Table MANAGED SERVICES: ENCRYPTION SOFTWARE MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
  • ENCRYPTION SOFTWARE MARKET ANALYSIS, BY DEPLOYMENT TYPE
    • INTRODUCTION
      • Table ENCRYPTION SOFTWARE MARKET SIZE, BY DEPLOYMENT TYPE, 2014-2021 (USD MILLION)
    • CLOUD DEPLOYMENT
      • Table CLOUD DEPLOYMENT: ENCRYPTION SOFTWARE MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • ON-PREMISES DEPLOYMENT
      • Table ON-PREMISES DEPLOYMENT: ENCRYPTION SOFTWARE MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
  • ENCRYPTION SOFTWARE MARKET ANALYSIS, BY USER TYPE
    • INTRODUCTION
      • Table ENCRYPTION SOFTWARE MARKET SIZE, BY USER TYPE, 2014-2021 (USD MILLION)
    • SMALL AND MEDIUM ENTERPRISES
      • Table SMALL AND MEDIUM ENTERPRISES: ENCRYPTION SOFTWARE MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • LARGE ENTERPRISES
      • Table LARGE ENTERPRISES: ENCRYPTION SOFTWARE MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
  • ENCRYPTION SOFTWARE MARKET ANALYSIS, BY INDUSTRY VERTICAL
    • INTRODUCTION
      • Table ENCRYPTION SOFTWARE MARKET SIZE, BY INDUSTRY VERTICAL, 2014-2021 (USD MILLION)
    • BANKING, FINANCIAL SERVICES, AND INSURANCE
      • Table BANKING, FINANCIAL SERVICES, AND INSURANCE: ENCRYPTION SOFTWARE MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • HEALTHCARE
      • Table HEALTHCARE: ENCRYPTION SOFTWARE MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • GOVERNMENT AND PUBLIC SECTOR
      • Table GOVERNMENT AND PUBLIC SECTOR: ENCRYPTION SOFTWARE MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • TELECOM
      • Table TELECOM: ENCRYPTION SOFTWARE MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • RETAIL
      • Table RETAIL: ENCRYPTION SOFTWARE MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • AEROSPACE AND DEFENSE
      • Table AEROSPACE AND DEFENSE: ENCRYPTION SOFTWARE MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • OTHERS
      • Table OTHERS: ENCRYPTION SOFTWARE MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
  • GEOGRAPHIC ANALYSIS
    • INTRODUCTION
      • Table ENCRYPTION SOFTWARE MARKET SIZE, BY REGION, 2016-2021 (USD MILLION)
    • NORTH AMERICA
      • Table NORTH AMERICA: ENCRYPTION SOFTWARE MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
      • Table NORTH AMERICA: ENCRYPTION SOFTWARE MARKET SIZE, BY SERVICE, 2014-2021 (USD MILLION)
      • Table NORTH AMERICA: ENCRYPTION SOFTWARE MARKET SIZE, BY DEPLOYMENT TYPE, 2014-2021 (USD MILLION)
      • Table NORTH AMERICA: ENCRYPTION SOFTWARE MARKET SIZE, BY USER TYPE, 2014-2021 (USD MILLION)
      • Table NORTH AMERICA: ENCRYPTION SOFTWARE MARKET SIZE, BY INDUSTRY VERTICAL, 2014-2021 (USD MILLION)
    • EUROPE
      • Table EUROPE: ENCRYPTION SOFTWARE MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
      • Table EUROPE: ENCRYPTION SOFTWARE MARKET SIZE, BY SERVICE, 2014-2021 (USD MILLION)
      • Table EUROPE: ENCRYPTION SOFTWARE MARKET SIZE, BY DEPLOYMENT TYPE, 2014-2021 (USD MILLION)
      • Table EUROPE: ENCRYPTION SOFTWARE MARKET SIZE, BY USER TYPE, 2014-2021 (USD MILLION)
      • Table EUROPE: ENCRYPTION SOFTWARE MARKET SIZE, BY INDUSTRY VERTICAL, 2014-2021 (USD MILLION)
    • ASIA-PACIFIC (APAC)
      • Table ASIA-PACIFIC: ENCRYPTION SOFTWARE MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
      • Table ASIA-PACIFIC: ENCRYPTION SOFTWARE MARKET SIZE, BY SERVICE, 2014-2021 (USD MILLION)
      • Table ASIA-PACIFIC: ENCRYPTION SOFTWARE MARKET SIZE, BY DEPLOYMENT TYPE, 2014-2021 (USD MILLION)
      • Table ASIA-PACIFIC: ENCRYPTION SOFTWARE MARKET SIZE, BY USER TYPE, 2014-2021 (USD MILLION)
      • Table ASIA-PACIFIC: ENCRYPTION SOFTWARE MARKET SIZE, BY INDUSTRY VERTICAL, 2014-2021 (USD MILLION)
    • MIDDLE EAST AND AFRICA (MEA)
      • Table MIDDLE EAST AND AFRICA: ENCRYPTION SOFTWARE MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
      • Table MIDDLE EAST AND AFRICA: ENCRYPTION SOFTWARE MARKET SIZE, BY SERVICE, 2014-2021 (USD MILLION)
      • Table MIDDLE EAST AND AFRICA: ENCRYPTION SOFTWARE MARKET SIZE, BY DEPLOYMENT TYPE, 2014-2021 (USD MILLION)
      • Table MIDDLE EAST AND AFRICA: ENCRYPTION SOFTWARE MARKET SIZE, BY USER TYPE, 2014-2021 (USD MILLION)
      • Table MIDDLE EAST AND AFRICA: ENCRYPTION SOFTWARE MARKET SIZE, BY INDUSTRY VERTICAL, 2014-2021 (USD MILLION)
    • LATIN AMERICA
      • Table LATIN AMERICA: ENCRYPTION SOFTWARE MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
      • Table LATIN AMERICA: ENCRYPTION SOFTWARE MARKET SIZE, BY SERVICE, 2014-2021 (USD MILLION)
      • Table LATIN AMERICA: ENCRYPTION SOFTWARE MARKET SIZE, BY DEPLOYMENT TYPE, 2016-2021 (USD MILLION)
      • Table LATIN AMERICA: ENCRYPTION SOFTWARE MARKET SIZE, BY USER TYPE, 2014-2021 (USD MILLION)
      • Table LATIN AMERICA: ENCRYPTION SOFTWARE MARKET SIZE, BY INDUSTRY VERTICAL, 2014-2021 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • COMPETITIVE SITUATION & TRENDS
      • AGREEMENTS, PARTNERSHIPS, AND COLLABORATIONS
        • Table AGREEMENTS, PARTNERSHIPS, AND COLLABORATIONS, 2014-2016
      • MERGERS AND ACQUISITIONS
        • Table MERGERS AND ACQUISITIONS, 2014-2016
      • NEW PRODUCT LAUNCHES
        • Table NEW PRODUCT LAUNCHES, 2016
      • BUSINESS EXPANSIONS
        • Table BUSINESS EXPANSIONS, 2014-2016
  • COMPANY PROFILES
    • INTRODUCTION
    • MICROSOFT CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS AND SERVICES OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • SOPHOS LTD.
      • BUSINESS OVERVIEW
      • PRODUCTS AND SERVICES OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • CHECKPOINT SOFTWARE TECHNOLOGIES
      • BUSINESS OVERVIEW
      • PRODUCTS AND SERVICES OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • TREND MICRO, INC.
      • BUSINESS OVERVIEW
      • PRODUCTS AND SERVICES OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • SYMANTEC CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS AND SERVICES OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • IBM CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS AND SERVICES OFFERED
      • RECENT DEVELOPMENTS
    • SAS INSTITUTE, INC.
      • BUSINESS OVERVIEW
      • PRODUCTS AND SERVICES OFFERED
      • RECENT DEVELOPMENTS
    • INTEL CORPORATION (MCAFEE)
      • BUSINESS OVERVIEW
      • PRODUCTS AND SERVICES OFFERED
      • RECENT DEVELOPMENTS
    • EMC CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS AND SERVICES OFFERED
      • RECENT DEVELOPMENTS
    • WINMAGIC, INC.
      • BUSINESS OVERVIEW
      • PRODUCTS AND SERVICES OFFERED
      • RECENT DEVELOPMENTS
  • KEY INNOVATORS
    • GEMALTO
    • PKWARE
  • APPENDIX
    • OTHER DEVELOPMENTS
      • OTHER DEVELOPMENTS: PARTNERSHIPS, AGREEMENTS, AND COLLABORATIONS
        • Table OTHER DEVELOPMENTS: PARTNERSHIPS, AGREEMENTS, AND COLLABORATIONS, 2014-2015
      • OTHER DEVELOPMENTS: MERGERS AND ACQUISITIONS
        • Table OTHER DEVELOPMENTS: MERGERS AND ACQUISITIONS, 2013-2014
      • OTHER DEVELOPMENTS: NEW PRODUCT LAUNCHES
        • Table OTHER DEVELOPMENTS: NEW PRODUCT LAUNCHES, 2014-2015
    • INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCTION RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report