Encryption Software Market Increasing at a CAGR of 24.0% from 2016 to

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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. Complete report on Encryption Software Market spread across 157 pages, profiling 10 companies and supported with 57 tables and 51 figures is now available at Encryption Software Market 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 susceptible 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. 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. Ask for a discount before order a copy of 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 Click Here 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%


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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.), Check Point 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 Win Magic Inc. (Canada). About Us: RnRMarketResearch.com is your single source for all market research needs. Our database includes 500,000+ market research reports from over 100+ leading global publishers & indepth market research studies of over 5000 micro markets. With comprehensive information about the publishers and the industries for which they publish market research reports, we help you in your purchase decision by mapping your information needs with our huge collection of reports. Contact: Ritesh Tiwari 2nd Floor, Metropole, Next to Inox Theatre, Bund Garden Road, Pune - 411001 Maharashtra, India. Connect with Us: Google Plus: https://plus.google.com/104156468549256253075/posts Twitter: https://twitter.com/RnRMR Facebook: https://www.facebook.com/pages/RnR-Market-Research/413488545356345


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