Encryption Software Market is Rising Amid Uncertain Economic Outlook: Understand Market Trends, Overview, Growth, Forecast 2020

Software-based encryption is one of the fast emerging end point data security solutions. An increasing number of organizations worldwide are adopting encryption to address their growing concerns of data safety and data privacy compliance regulations. With data protection and compliance becoming a high priority, organizations have started to view encryption as an enabler to achieve compliance, data security and flexibility. In addition to the complex regulations, increasing adoption of new technologies such as mobility, cloud and virtualization have also fuelled the need for encryption more than ever before.

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Some of the key players of Encryption Software Market:

• Sophos
• McAfee
• Check Point Software Technologies
• Proofpoint
• Trend Micro

The main purpose of an encryption software is to protect the confidentiality of the data stored in files/folders and disks or data-at-rest; and the data travelling over wireless network or data-in-transit, depending upon the security and compliance requirements of an organization. This is achieved by converting a message or plain text into coded message called the Cipher text so that only the authorized parties can read it. Software-based encryption uses software to encrypt and decrypt data at-rest as well as data-in-transit. Thus, by rendering the data unreadable by unauthorized persons, encryption software ensures the safety and security of the confidential data.

MARKET SEGMENTATION
MARKET BY USAGE

• Encryption for Data-at-rest
• Full Disk Encryption (FDE)
• File Level Encryption (FLE)
• Encryption for Data-in-transit
• Email Encryption

MARKET BY VERTICAL

• Financial Sector
• Healthcare
• Public Sector
• Others (Retail)

Additionally, a number of data privacy legislations mandate the use of encryption or cite encryption as one most appropriate measures of data protection. Thus, the adoption of encryption would continue to grow in response to data protection compliance regulations and the on-going cyber attacks.

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What the report features:-

1.Global analysis of Encryption Software Market from 2013 – 2020 illustrating the progression of the market.

2. Forecast and analysis of Encryption Software Market by Dosage, Route of Administration and Application from 2013 – 2020.

3.Forecast and analysis of Encryption Software Market in five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America.

Reason to Buy:

1.Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Encryption Software Market.
2. Highlights key business priorities in order to assist companies to realign their business strategies.
3. The key findings and recommendations highlight crucial progressive industry trends in the Encryption Software Market, thereby allowing players to develop effective long term strategies.
4. Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
5. Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
6. Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

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This release was published on openPR.