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Research report explores the global cloud encryption market

IT Market Research

North America accounted for the leading revenue contribution to the overall market. The U.S. held the leading market share in the North America cloud encryption market in 2016; the domestic market is anticipated to rise at a significant CAGR over the forecast period. The U.S. accounts for the leading market share due to early adoption of bring your own devices (BYOD) practices that necessitate data encryption prior to being shared over unsecured networks.

Data encryption in the cloud is an absolute requirement these days, therefore organizations are adopting encryption at a rapid and increasingly urgent pace. According to the key findings of a new study which has been added to the vast repository of Market Research Hub (MRH), the global cloud encryption market is primarily driven by the terrible need to encrypt data before it is transferred to the cloud for storage.

Apart from this, frequent advancements such as encrypted payment solutions, automated real-time breach detection and inhibition are projected to positively influence the cloud encryption market.

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The study is titled as “Cloud Encryption Market Make an Inquiry about this news - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025” and covers information regarding all the trends and technologies playing a major role in the cloud encryption market growth over the mentioned forecast period.