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Encryption software market research insights shared in detailed report

IT Market Research

Global Encryption software market review to 2022 includes the study of top 10 key players offering encryption software solutions such as Microsoft Corporation , IBM Corporation and others. North America is expected to have the largest market share and dominate the encryption software market from 2017 to 2022.

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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.

Premium Insights
1 Attractive Market Opportunities in the Encryption Software Market
2 Market Share of Top 3 Applications and Top 3 Regions
3 Market By Service
4 Market By Professional Service
5 Market By Deployment Type
6 Market By Organization Size
7 Market Investment Scenario

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.

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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.

Complete report on Encryption Software Market spread across 151 pages, profiling 10 companies and supported with 69 tables and 34 figures is now available at…arket-report.html .

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.

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  1. By Company Type: Tier 1: 55%, Tier 2: 20%, Tier 3: 25%
  2. By Designation: C-Level: 60%, Director Level: 25%, Others: 15%
  3. By Region: North America: 15%, Europe: 25%, APAC: 30%, Latin America: 20%, MEA: 10%

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.

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