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Optical Encryption Market by Encryption Layer (OTN or Layer1, MACsec or Layer 2, and IPsec or Layer 3), Data Rate (10G, 40G, 100G), Vertical (BFSI, Government, Healthcare, Data Centre & Cloud, Energy & Utilities), and Geography - Global Forecast to 2023

Optical Encryption Market by Encryption Layer (OTN or Layer1, MACsec or Layer 2, and IPsec or Layer 3), Data Rate (10G, 40G, 100G), Vertical (BFSI, Government, Healthcare, Data Centre & Cloud, Energy & Utilities), and Geography - Global Forecast to 2023

“Optical encryption market projected to grow at CAGR of 8.9% between 2018 and 2023”
The optical encryption market is expected to grow from USD 2.77 billion in 2018 to USD 4.24 billion by 2023, at a CAGR of 8.9% between 2018 and 2023. Factors driving the growth of the optical encryption market include emerging requirement of regulatory compliances, growing concern over data security and privacy due to cyberattacks, and rising data center deployments. The major restraint for this market is the increasing network complexity.

“Optical encryption market for Layer 1 to grow at highest CAGR during forecast period”
The market for Layer 1 is expected to grow at the highest CAGR during the forecast period. The reason for this growth is the advantages such as reduced cost, lower latency, high bandwidth efficiency, improved performance, and high availability, offered by Layer 1 encryption. Also, Layer 1 encryption supports a variety of client and transport interfaces for both current and future services.

“The banking, financial services, and insurance (BFSI) vertical to hold largest share of optical encryption market during forecast period”
The market for BFSI vertical is expected to lead the market between 2018 and 2023. The optical encryption is being increasingly deployed by the BFSI sector to protect their customers, meet government and industry data security compliance standards, facilitate security auditing, and avoid reputation damage caused by data breaches.

“Optical encryption market in APAC to grow at highest CAGR during forecast period”
The market in APAC is expected to grow at the highest CAGR between 2018 and 2023. The growth of the market in APAC is due to the extension of the network in China, Thailand, Malaysia, South Korea, India, and other developing countries in APAC. APAC is the largest producer as well as consumer of smartphones, laptops, televisions (TVs), and various other data-generating devices across the world.

Breakdown of the profile of primary participants:
By Company Type: Tier 1 = 30 %, Tier 2 = 45%, and Tier 3 = 25%
By Designation: C-Level Executives = 67%, Directors = 33%
By Region: Americas = 50%, Europe = 25%, APAC = 20%, and RoW = 5%

Major players in the optical encryption market include Ciena (US), ADVA (Germany), Nokia (Finland), ECI Telecom (Israel), Cisco (US), Huawei Technologies (China), Microsemi (US), Infinera (US), Arista Networks (US), and Acacia Communications (US).

Research Coverage
The optical encryption market has been segmented based on encryption layer into Optical Transport Network (OTN) or Layer 1 (L1), Media Access Control security (MACsec) or Layer 2 (L2), and Internet Protocol security (IPsec) or Layer 3 (L3). The optical encryption market has been segmented based on data rate into less than 10G, greater than 10G and less than 40G, greater than 40G and less than 100G, and greater than 100G. The optical encryption market, by vertical, has been segmented into banking, financial services, and insurance (BFSI); government; healthcare; data center and cloud; energy and utilities; and other verticals including retail, media & entertainment, education, and process and manufacturing industries. Furthermore, the report forecasts the market size for various segments with regard to 4 main regions—the Americas, Europe, Asia Pacific (APAC), and Rest of the World (RoW).

Reasons to Buy the Report
The report would help market leaders/new entrants in the optical encryption market in the following ways:
1. This report segments the optical encryption market comprehensively and provides the closest approximations of the overall market size, as well as that of the subsegments across different verticals and regions.
2. The report helps stakeholders understand the pulse of the market and provides information on key market drivers, restraints, challenges, and opportunities.
3. This report would help stakeholders understand their competitors better and gain more insights to enhance their position in the business. The competitive landscape section includes competitor ecosystem, product launches, contracts, acquisitions, and partnerships, in the optical encryption market.


  • INTRODUCTION
    • OBJECTIVES OF STUDY
    • DEFINITION
    • STUDY SCOPE
      • MARKETS COVERED
      • GEOGRAPHIC SCOPE
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • LIMITATIONS
    • MARKET STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
      • SECONDARY AND PRIMARY RESEARCH
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • MARKET RANKING ESTIMATION
    • MARKET BREAKDOWN AND DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • ATTRACTIVE OPPORTUNITIES IN THE OPTICAL ENCRYPTION MARKET
    • OPTICAL ENCRYPTION MARKET, BY ENCRYPTION LAYER
    • OPTICAL ENCRYPTION MARKET, BY DATA RATE
    • OPTICAL ENCRYPTION MARKET IN APAC, BY VERTICAL AND COUNTRY
    • COUNTRY-WISE ANALYSIS OF OPTICAL ENCRYPTION MARKET
    • OPTICAL ENCRYPTION MARKET, BY REGION
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET DYNAMICS
      • DRIVERS
        • Table LIST OF REGULATORY COMPLIANCE FOR DATA PROTECTION
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
    • VALUE CHAIN ANALYSIS
  • OPTICAL ENCRYPTION MARKET, BY ENCRYPTION LAYER
    • INTRODUCTION
      • Table OPTICAL ENCRYPTION MARKET, BY ENCRYPTION LAYER, 2015–2023 (USD MILLION)
      • Table OPTICAL ENCRYPTION MARKET, BY ENCRYPTION LAYER, 2015–2023 (THOUSAND UNITS)
    • LAYER 1
      • Table OPTICAL ENCRYPTION MARKET FOR LAYER 1, BY DATA RATE, 2015–2023 (USD MILLION)
      • Table OPTICAL ENCRYPTION MARKET FOR LAYER 1, BY DATA RATE, 2015–2023 (UNITS)
    • LAYER 2
      • Table OPTICAL ENCRYPTION MARKET FOR LAYER 2, BY DATA RATE, 2015–2023 (USD MILLION)
      • Table OPTICAL ENCRYPTION MARKET FOR LAYER 2, BY DATA RATE, 2015–2023 (UNITS)
    • LAYER 3
      • Table OPTICAL ENCRYPTION MARKET FOR LAYER 3, BY DATA RATE, 2015–2023 (USD MILLION)
      • Table OPTICAL ENCRYPTION MARKET FOR LAYER 3, BY DATA RATE, 2015–2023 (UNITS)
      • Table COMPARATIVE ANALYSIS OF OPTICAL ENCRYPTION LAYERS
  • OPTICAL ENCRYPTION MARKET, BY DATA RATE
    • INTRODUCTION
      • Table OPTICAL ENCRYPTION MARKET, BY DATA RATE, 2015–2023 (USD MILLION)
      • Table OPTICAL ENCRYPTION MARKET, BY DATA RATE, 2015–2023 (THOUSAND UNITS)
    • LESS THAN 10G
      • Table OPTICAL ENCRYPTION MARKET FOR LESS THAN 10G, BY ENCRYPTION LAYER, 2015–2023 (USD MILLION)
      • Table OPTICAL ENCRYPTION MARKET FOR LESS THAN 10G, BY ENCRYPTION LAYER, 2015–2023 (UNITS)
    • GREATER THAN 10G AND LESS THAN 40G
      • Table OPTICAL ENCRYPTION MARKET FOR GREATER THAN 10G AND LESS THAN 40G, BY ENCRYPTION LAYER, 2015–2023 (USD MILLION)
      • Table OPTICAL ENCRYPTION MARKET FOR GREATER THAN 10G AND LESS THAN 40G, BY ENCRYPTION LAYER, 2015–2023 (UNITS)
    • GREATER THAN 40G AND LESS THAN 100G
      • Table OPTICAL ENCRYPTION MARKET FOR GREATER THAN 40G AND LESS THAN 100G, BY ENCRYPTION LAYER, 2015–2023 (USD MILLION)
      • Table OPTICAL ENCRYPTION MARKET FOR GREATER THAN 40G AND LESS THAN 100G, BY ENCRYPTION LAYER, 2015–2023 (UNITS)
    • GREATER THAN 100G
      • Table OPTICAL ENCRYPTION MARKET FOR GREATER THAN 100G, BY ENCRYPTION LAYER, 2015–2023 (USD MILLION)
      • Table OPTICAL ENCRYPTION MARKET FOR GREATER THAN 100G, BY ENCRYPTION LAYER, 2015–2023 (UNITS)
  • OPTICAL ENCRYPTION MARKET, BY VERTICAL
    • INTRODUCTION
      • Table OPTICAL ENCRYPTION MARKET, BY VERTICAL, 2015–2023 (USD MILLION)
      • Table OPTICAL ENCRYPTION MARKET, BY VERTICAL, 2015–2023 (THOUSAND UNITS)
    • BFSI
      • Table OPTICAL ENCRYPTION MARKET FOR BFSI, BY ENCRYPTION LAYER, 2015–2023 (USD MILLION)
      • Table OPTICAL ENCRYPTION MARKET FOR BFSI, BY ENCRYPTION LAYER, 2015–2023 (UNITS)
      • Table OPTICAL ENCRYPTION MARKET FOR BFSI, BY DATA RATE, 2015–2023 (USD MILLION)
      • Table OPTICAL ENCRYPTION MARKET FOR BFSI, BY DATA RATE, 2015–2023 (UNITS)
    • GOVERNMENT
      • Table OPTICAL ENCRYPTION MARKET FOR GOVERNMENT, BY ENCRYPTION LAYER, 2015–2023 (USD MILLION)
      • Table OPTICAL ENCRYPTION MARKET FOR GOVERNMENT, BY ENCRYPTION LAYER, 2015–2023 (UNITS)
      • Table OPTICAL ENCRYPTION MARKET FOR GOVERNMENT, BY DATA RATE, 2015–2023 (USD MILLION)
      • Table OPTICAL ENCRYPTION MARKET FOR GOVERNMENT, BY DATA RATE, 2015–2023 (UNITS)
    • HEALTHCARE
      • Table OPTICAL ENCRYPTION MARKET FOR HEALTHCARE, BY ENCRYPTION LAYER, 2015–2023 (USD MILLION)
      • Table OPTICAL ENCRYPTION MARKET FOR HEALTHCARE, BY ENCRYPTION LAYER, 2015–2023 (UNITS)
      • Table OPTICAL ENCRYPTION MARKET FOR HEALTHCARE, BY DATA RATE, 2015–2023 (USD MILLION)
      • Table OPTICAL ENCRYPTION MARKET FOR HEALTHCARE, BY DATA RATE, 2015–2023 (UNITS)
    • DATA CENTER AND CLOUD
      • Table OPTICAL ENCRYPTION MARKET FOR DATA CENTER AND CLOUD, BY ENCRYPTION LAYER, 2015–2023 (USD MILLION)
      • Table OPTICAL ENCRYPTION MARKET FOR DATA CENTER AND CLOUD, BY ENCRYPTION LAYER, 2015–2023 (UNITS)
      • Table OPTICAL ENCRYPTION MARKET FOR DATA CENTER AND CLOUD, BY DATA RATE, 2015–2023 (USD MILLION)
      • Table OPTICAL ENCRYPTION MARKET FOR DATA CENTER AND CLOUD, BY DATA RATE, 2015–2023 (UNITS)
    • ENERGY AND UTILITIES
      • Table OPTICAL ENCRYPTION MARKET FOR ENERGY AND UTILITIES, BY ENCRYPTION LAYER, 2015–2023 (USD MILLION)
      • Table OPTICAL ENCRYPTION MARKET FOR ENERGY AND UTILITIES, BY ENCRYPTION LAYER, 2015–2023 (UNITS)
      • Table OPTICAL ENCRYPTION MARKET FOR ENERGY AND UTILITIES, BY DATA RATE, 2015–2023 (USD MILLION)
      • Table OPTICAL ENCRYPTION MARKET FOR ENERGY AND UTILITIES, BY DATA RATE, 2015–2023 (UNITS)
    • OTHERS
      • Table OPTICAL ENCRYPTION MARKET FOR OTHER VERTICALS, BY ENCRYPTION LAYER, 2015–2023 (USD MILLION)
      • Table OPTICAL ENCRYPTION MARKET FOR OTHER VERTICALS, BY ENCRYPTION LAYER, 2015–2023 (UNITS)
      • Table OPTICAL ENCRYPTION MARKET FOR OTHER VERTICALS, BY DATA RATE, 2015–2023 (USD MILLION)
      • Table OPTICAL ENCRYPTION MARKET FOR OTHER VERTICALS, BY DATA RATE, 2015–2023 (UNITS)
  • OPTICAL ENCRYPTION MARKET, BY GEOGRAPHY
    • INTRODUCTION
      • Table OPTICAL ENCRYPTION MARKET, BY REGION, 2015–2023 (USD MILLION)
      • Table OPTICAL ENCRYPTION MARKET, BY REGION, 2015–2023 (THOUSAND UNITS)
    • AMERICAS
      • Table OPTICAL ENCRYPTION MARKET IN AMERICAS, BY VERTICAL, 2015–2023 (USD MILLION)
      • Table OPTICAL ENCRYPTION MARKET IN AMERICAS, BY VERTICAL, 2015–2023 (UNITS)
      • Table OPTICAL ENCRYPTION MARKET IN AMERICAS, BY COUNTRY, 2015–2023 (USD MILLION)
      • Table OPTICAL ENCRYPTION MARKET IN AMERICAS, BY COUNTRY, 2015–2023 (UNITS)
      • US
      • CANADA
      • MEXICO
      • BRAZIL
      • REST OF THE AMERICAS
    • EUROPE
      • Table OPTICAL ENCRYPTION MARKET IN EUROPE, BY VERTICAL, 2015–2023 (USD MILLION)
      • Table OPTICAL ENCRYPTION MARKET IN EUROPE, BY VERTICAL, 2015–2023 (UNITS)
      • Table OPTICAL ENCRYPTION MARKET IN EUROPE, BY COUNTRY, 2015–2023 (USD MILLION)
      • Table OPTICAL ENCRYPTION MARKET IN EUROPE, BY COUNTRY, 2015–2023 (UNITS)
      • GERMANY
      • FRANCE
      • UK
      • ITALY
      • REST OF EUROPE
    • ASIA PACIFIC
      • Table OPTICAL ENCRYPTION MARKET IN APAC, BY VERTICAL, 2015–2023 (USD MILLION)
      • Table OPTICAL ENCRYPTION MARKET IN APAC, BY VERTICAL, 2015–2023 (UNITS)
      • Table OPTICAL ENCRYPTION MARKET IN APAC, BY COUNTRY, 2015–2023 (USD MILLION)
      • Table OPTICAL ENCRYPTION MARKET IN APAC, BY COUNTRY, 2015–2023 (UNITS)
      • CHINA
      • JAPAN
      • SOUTH KOREA
      • INDIA
      • REST OF APAC
    • REST OF THE WORLD
      • Table OPTICAL ENCRYPTION MARKET IN ROW, BY VERTICAL, 2015–2023 (USD MILLION)
      • Table OPTICAL ENCRYPTION MARKET IN ROW, BY VERTICAL, 2015–2023 (UNITS)
      • Table OPTICAL ENCRYPTION MARKET IN ROW, BY REGION, 2015–2023 (USD MILLION)
      • Table OPTICAL ENCRYPTION MARKET IN ROW, BY REGION, 2015–2023 (UNITS)
      • MIDDLE EAST
      • AFRICA
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • MARKET RANKING ANALYSIS
      • Table RANKING OF TOP 5 PLAYERS IN THE OPTICAL ENCRYPTION MARKET, 2017
    • COMPETITIVE SCENARIO
      • CONTRACTS
        • Table 10 MOST RECENT CONTRACTS IN OPTICAL ENCRYPTION MARKET
      • PRODUCT LAUNCHES
        • Table 10 MOST RECENT PRODUCT LAUNCHES IN OPTICAL ENCRYPTION MARKET
      • ACQUISITIONS AND PARTNERSHIPS
        • Table 5 MOST RECENT ACQUISITIONS AND PARTNERSHIPS IN OPTICAL ENCRYPTION MARKET
  • COMPANY PROFILES
    • INTRODUCTION
    • KEY PLAYERS
      • CIENA
      • ADVA
      • NOKIA
      • ECI TELECOM
      • CISCO
      • HUAWEI
      • MICROSEMI
      • INFINERA
      • ARISTA NETWORKS
      • ACACIA COMMUNICATIONS
    • OTHER KEY PLAYERS
      • BROADCOM
      • JUNIPER NETWORKS
      • PACKETLIGHT NETWORKS
      • THALES E-SECURITY
      • CENTURYLINK
    • KEY INNOVATORS
      • WINDSTREAM HOLDINGS
      • NUCRYPT
      • SSE ENTERPRISE TELECOMS
      • CORIANT
      • SMARTOPTICS
  • APPENDIX
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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