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Cloud Encryption Software Global Market Report 2024

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    Report

  • 175 Pages
  • June 2024
  • Region: Global
  • The Business Research Company
  • ID: 5980455
The cloud encryption software market size has grown exponentially in recent years. It will grow from $4.42 billion in 2023 to $5.83 billion in 2024 at a compound annual growth rate (CAGR) of 31.9%. The growth observed in the historical period can be attributed to several factors, including the increased adoption of cloud computing technologies, a rise in demand for streamlined payroll processes, the expansion of the gig economy, a heightened focus on cost reduction initiatives, and the growth of subscription-based software models.

The cloud encryption software market size is expected to see exponential growth in the next few years. It will grow to $17.82 billion in 2028 at a compound annual growth rate (CAGR) of 32.2%. The anticipated growth in the forecast period can be attributed to several factors, including the rising adoption of advanced artificial intelligence (AI) technologies, increasing demand for predictive analytics capabilities, a growing need for integrated forecasting solutions, the widespread use of Internet of Things (IoT) devices, and an increasing reliance on big data analytics. Major trends expected during this period include the implementation of hybrid encryption solutions, advancements in key management systems, adoption of zero trust architecture principles, readiness for post-quantum cryptography, emphasis on data privacy measures, and compliance with regulatory standards.

The surge in cybersecurity threats is anticipated to drive the expansion of the cloud encryption software market in the foreseeable future. Cybersecurity threats encompass a range of potential malicious activities capable of causing harm or disruption to information systems, networks, data, or users. The proliferation of these threats is attributed to factors such as heightened connectivity, the digitalization of business operations, increased reliance on technology, the growing sophistication of cybercriminals, and vulnerabilities in software and hardware systems. Cloud encryption software serves as a critical solution in mitigating cybersecurity risks by encrypting data stored in the cloud, thereby ensuring its confidentiality and protection from theft, even in the event of unauthorized access. For instance, data released by the UK Department for Science, Innovation, and Technology in April 2023 revealed that cybercrime had affected 11% of businesses and 8% of charities in the preceding year. This figure notably rose to 26% for medium-sized businesses, 37% for large businesses, and 25% for high-income charities. Consequently, the escalating cybersecurity threats are fueling the demand for cloud encryption software solutions.

Major players in the cloud encryption software market are actively developing innovative solutions to address evolving cybersecurity challenges. One such solution gaining traction is file encryption-as-a-service management, offering businesses a secure and convenient method to encrypt their cloud-stored files. For instance, in November 2023, Utimaco, a US-based provider of IT security solutions, launched its user-friendly file encryption management solution, u.trust LAN Crypt Cloud. This solution employs client-side encryption to ensure data security regardless of its storage location, be it on-premises or in the cloud. Noteworthy features such as seamless encryption, centralized management, and flexible deployment options position this solution as a comprehensive safeguard for critical business data.

In September 2022, Materialise NV, a prominent player in 3D printing solutions based in Belgium, made a strategic acquisition by purchasing Identify3D, a US-based company specializing in encryption software. This acquisition underscores Materialise's commitment to enhancing customer confidence in data security and integrity, particularly in distributed manufacturing. Identify3D's expertise in creating software for encrypting, distributing, and tracking digital components within intricate supply chains complements Materialise's vision of fortifying its CO-AM platform. This acquisition is poised to elevate Materialise's standing in the market, positioning CO-AM as the premier software platform for distributed manufacturing, fortified with robust encryption capabilities.

Major companies operating in the cloud encryption software market are Amazon.com Inc., Alphabet Inc., Microsoft Corporation, Alibaba Group Holding Limited, International Business Machines Corporation, Cisco Systems Inc., Oracle Corporation, SAP SE, Hewlett Packard Enterprise Company, Salesforce Inc., NEC Corporation, Adobe Inc., VMware Inc., ServiceNow Inc., Palo Alto Networks Inc., Workday Inc., Red Hat Inc., OpenText Corporation, Citrix Systems Inc., Rackspace Technology Inc., Dropbox Inc., Lumen Technologies Inc., Progress Software Corporation, HashiCorp Inc., Canonical Ltd.

North America was the largest region in the cloud encryption software market in 2023. The regions covered in the cloud encryption software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the cloud encryption software market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Cloud encryption software comprises specialized tools and applications crafted to safeguard data stored in cloud computing environments using encryption techniques. These software solutions encrypt data before it's uploaded to the cloud, ensuring its protection during transmission and while at rest within cloud storage systems.

The primary components of cloud encryption software include solutions and services. Cloud encryption software solutions are software applications or services designed to encrypt data before it's stored in or transmitted through cloud storage or services. Enterprises of varying sizes, including large enterprises and small to medium-sized enterprises (SMEs), utilize cloud encryption software for diverse applications such as disk encryption, file encryption, database encryption, communication encryption, and cloud encryption across various industry verticals such as banking, financial services, and insurance (BFSI), aerospace and defense, government and public utilities, information technology (IT) and telecommunications, healthcare, retail, among others.

The cloud encryption software market research report is one of a series of new reports that provides cloud encryption software market statistics, including cloud encryption software industry global market size, regional shares, competitors with a cloud encryption software market share, detailed cloud encryption software market segments, market trends and opportunities, and any further data you may need to thrive in the cloud encryption software industry. This cloud encryption software market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The cloud encryption software market consists of revenues earned by entities by providing services such as integration with cloud services, data encryption, key management, access control, and data masking and tokenization. The market value includes the value of related goods sold by the service provider or included within the service offering. The cloud encryption software market also includes sales of hardware security modules (HSMs), encryption accelerators, secure storage devices, network security appliances, and server hardware. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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Table of Contents

1. Executive Summary2. Cloud Encryption Software Market Characteristics3. Cloud Encryption Software Market Trends and Strategies
4. Cloud Encryption Software Market - Macro Economic Scenario
4.1. Impact of High Inflation on the Market
4.2. Ukraine-Russia War Impact on the Market
4.3. COVID-19 Impact on the Market
5. Global Cloud Encryption Software Market Size and Growth
5.1. Global Cloud Encryption Software Market Drivers and Restraints
5.1.1. Drivers of the Market
5.1.2. Restraints of the Market
5.2. Global Cloud Encryption Software Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Cloud Encryption Software Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)
6. Cloud Encryption Software Market Segmentation
6.1. Global Cloud Encryption Software Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Solution
  • Service
6.2. Global Cloud Encryption Software Market, Segmentation by Enterprise Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Large Enterprise
  • Small and Medium-Sized Enterprise (SMEs)
6.3. Global Cloud Encryption Software Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Disk Encryption
  • File Encryption
  • Database Encryption
  • Communication Encryption
  • Cloud Encryption
6.4. Global Cloud Encryption Software Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Banking, Financial Services, and Insurance (BFSI)
  • Aerospace and Defense
  • Government and Public Utilities
  • Information Technology (IT) and Telecommunication
  • Healthcare
  • Retail
  • Other Industry Verticals
7. Cloud Encryption Software Market Regional and Country Analysis
7.1. Global Cloud Encryption Software Market, Split by Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Cloud Encryption Software Market, Split by Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8. Asia-Pacific Cloud Encryption Software Market
8.1. Asia-Pacific Cloud Encryption Software Market Overview
(Region Information, Impact of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies)
8.2. Asia-Pacific Cloud Encryption Software Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Cloud Encryption Software Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Cloud Encryption Software Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9. China Cloud Encryption Software Market
9.1. China Cloud Encryption Software Market Overview
9.2. China Cloud Encryption Software Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Cloud Encryption Software Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Cloud Encryption Software Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
10. India Cloud Encryption Software Market
10.1. India Cloud Encryption Software Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Cloud Encryption Software Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Cloud Encryption Software Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11. Japan Cloud Encryption Software Market
11.1. Japan Cloud Encryption Software Market Overview
11.2. Japan Cloud Encryption Software Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Cloud Encryption Software Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Cloud Encryption Software Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12. Australia Cloud Encryption Software Market
12.1. Australia Cloud Encryption Software Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Cloud Encryption Software Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Cloud Encryption Software Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13. Indonesia Cloud Encryption Software Market
13.1. Indonesia Cloud Encryption Software Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Cloud Encryption Software Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Cloud Encryption Software Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14. South Korea Cloud Encryption Software Market
14.1. South Korea Cloud Encryption Software Market Overview
14.2. South Korea Cloud Encryption Software Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Cloud Encryption Software Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Cloud Encryption Software Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15. Western Europe Cloud Encryption Software Market
15.1. Western Europe Cloud Encryption Software Market Overview
15.2. Western Europe Cloud Encryption Software Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Cloud Encryption Software Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Cloud Encryption Software Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16. UK Cloud Encryption Software Market
16.1. UK Cloud Encryption Software Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Cloud Encryption Software Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Cloud Encryption Software Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17. Germany Cloud Encryption Software Market
17.1. Germany Cloud Encryption Software Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Cloud Encryption Software Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Cloud Encryption Software Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18. France Cloud Encryption Software Market
18.1. France Cloud Encryption Software Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Cloud Encryption Software Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Cloud Encryption Software Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19. Italy Cloud Encryption Software Market
19.1. Italy Cloud Encryption Software Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Cloud Encryption Software Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Cloud Encryption Software Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20. Spain Cloud Encryption Software Market
20.1. Spain Cloud Encryption Software Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Cloud Encryption Software Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Cloud Encryption Software Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21. Eastern Europe Cloud Encryption Software Market
21.1. Eastern Europe Cloud Encryption Software Market Overview
21.2. Eastern Europe Cloud Encryption Software Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Cloud Encryption Software Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Cloud Encryption Software Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22. Russia Cloud Encryption Software Market
22.1. Russia Cloud Encryption Software Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Cloud Encryption Software Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Cloud Encryption Software Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23. North America Cloud Encryption Software Market
23.1. North America Cloud Encryption Software Market Overview
23.2. North America Cloud Encryption Software Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Cloud Encryption Software Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Cloud Encryption Software Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24. USA Cloud Encryption Software Market
24.1. USA Cloud Encryption Software Market Overview
24.2. USA Cloud Encryption Software Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Cloud Encryption Software Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Cloud Encryption Software Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25. Canada Cloud Encryption Software Market
25.1. Canada Cloud Encryption Software Market Overview
25.2. Canada Cloud Encryption Software Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Cloud Encryption Software Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Cloud Encryption Software Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26. South America Cloud Encryption Software Market
26.1. South America Cloud Encryption Software Market Overview
26.2. South America Cloud Encryption Software Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Cloud Encryption Software Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Cloud Encryption Software Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27. Brazil Cloud Encryption Software Market
27.1. Brazil Cloud Encryption Software Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Cloud Encryption Software Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Cloud Encryption Software Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28. Middle East Cloud Encryption Software Market
28.1. Middle East Cloud Encryption Software Market Overview
28.2. Middle East Cloud Encryption Software Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Cloud Encryption Software Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Cloud Encryption Software Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29. Africa Cloud Encryption Software Market
29.1. Africa Cloud Encryption Software Market Overview
29.2. Africa Cloud Encryption Software Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Cloud Encryption Software Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Cloud Encryption Software Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
30. Cloud Encryption Software Market Competitive Landscape and Company Profiles
30.1. Cloud Encryption Software Market Competitive Landscape
30.2. Cloud Encryption Software Market Company Profiles
30.2.1. Amazon.com Inc.
30.2.1.1. Overview
30.2.1.2. Products and Services
30.2.1.3. Strategy
30.2.1.4. Financial Performance
30.2.2. Alphabet Inc.
30.2.2.1. Overview
30.2.2.2. Products and Services
30.2.2.3. Strategy
30.2.2.4. Financial Performance
30.2.3. Microsoft Corporation
30.2.3.1. Overview
30.2.3.2. Products and Services
30.2.3.3. Strategy
30.2.3.4. Financial Performance
30.2.4. Alibaba Group Holding Limited
30.2.4.1. Overview
30.2.4.2. Products and Services
30.2.4.3. Strategy
30.2.4.4. Financial Performance
30.2.5. International Business Machines Corporation
30.2.5.1. Overview
30.2.5.2. Products and Services
30.2.5.3. Strategy
30.2.5.4. Financial Performance
31. Cloud Encryption Software Market Other Major and Innovative Companies
31.1. Cisco Systems Inc.
31.2. Oracle Corporation
31.3. SAP SE
31.4. Hewlett Packard Enterprise Company
31.5. Salesforce Inc.
31.6. NEC Corporation
31.7. Adobe Inc.
31.8. VMware Inc.
31.9. ServiceNow Inc.
31.10. Palo Alto Networks Inc.
31.11. Workday Inc.
31.12. Red Hat Inc.
31.13. OpenText Corporation
31.14. Citrix Systems Inc.
31.15. Rackspace Technology Inc.
32. Global Cloud Encryption Software Market Competitive Benchmarking33. Global Cloud Encryption Software Market Competitive Dashboard34. Key Mergers and Acquisitions in the Cloud Encryption Software Market
35. Cloud Encryption Software Market Future Outlook and Potential Analysis
35.1 Cloud Encryption Software Market in 2028 - Countries Offering Most New Opportunities
35.2 Cloud Encryption Software Market in 2028 - Segments Offering Most New Opportunities
35.3 Cloud Encryption Software Market in 2028 - Growth Strategies
35.3.1 Market Trend-based Strategies
35.3.2 Competitor Strategies
36. Appendix
36.1. Abbreviations
36.2. Currencies
36.3. Historic and Forecast Inflation Rates
36.4. Research Inquiries
36.5. About the Analyst
36.6. Copyright and Disclaimer

Executive Summary

Cloud Encryption Software Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on cloud encryption software market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase:

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
  • Assess the Russia - Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
  • Measure the impact of high global inflation on market growth.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
  • Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.

Description

Where is the largest and fastest growing market for cloud encryption software ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The cloud encryption software market global report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
  • The impact of higher inflation in many countries and the resulting spike in interest rates.
  • The continued but declining impact of COVID-19 on supply chains and consumption patterns.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:

1) by Component: Solution; Service
2) by Enterprise Size: Large Enterprise; Small and Medium-Sized Enterprise (SMEs)
3) by Application: Disk Encryption; File Encryption; Database Encryption; Communication Encryption; Cloud Encryption
4) by Industry Vertical: Banking, Financial Services, and Insurance (BFSI); Aerospace and Defense; Government and Public Utilities; Information Technology (IT) and Telecommunication; Healthcare; Retail; Other Industry Verticals

Key Companies Mentioned: Amazon.com Inc.; Alphabet Inc.; Microsoft Corporation; Alibaba Group Holding Limited; International Business Machines Corporation

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.

Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Delivery Format: PDF, Word and Excel Data Dashboard.

Companies Mentioned

  • Amazon.com Inc.
  • Alphabet Inc.
  • Microsoft Corporation
  • Alibaba Group Holding Limited
  • International Business Machines Corporation
  • Cisco Systems Inc.
  • Oracle Corporation
  • SAP SE
  • Hewlett Packard Enterprise Company
  • Salesforce Inc.
  • NEC Corporation
  • Adobe Inc.
  • VMware Inc.
  • ServiceNow Inc.
  • Palo Alto Networks Inc.
  • Workday Inc.
  • Red Hat Inc.
  • OpenText Corporation
  • Citrix Systems Inc.
  • Rackspace Technology Inc.
  • Dropbox Inc.
  • Lumen Technologies Inc.
  • Progress Software Corporation
  • HashiCorp Inc.
  • Canonical Ltd.

Methodology

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