Market Highlights
Taste the market information and market data introduced through in excess of 30 market information tables and figures spread north of 100 quantities of pages of the undertaking report. Profit the inside and out chapter by chapter guide TOC and market summary on "The Cloud Encryption Market Research Report - Forecast to 2023".
North America represents most elevated market share in cloud encryption market because of the convenient reception of cloud based encryption arrangements. The early reception of BYOD is assisting the North American market with producing most noteworthy income. The developing IT the board intricacy joined with the ability to convey new applications quicker are the essential drivers for cloud encryption arrangements around here. Nations, for example, US, Canada and Mexico is creating most elevated income in cloud encryption market. The reception of cutting edge information stockpiling innovation and information stockpiling engineering by both little and medium endeavors is supporting the market in the area, particularly one into IT and telecom, BFSI, web-based media stages and media and diversion. Furthermore expanded research and improvement spending by merchants in the locale is driving the information pressure market.
The cloud encryption market is becoming quickly more than 29% of CAGR and is relied upon to reach at USD 2,959 Million before the finish of conjecture period.
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Segmentation:
Cloud solution accounts for highest market share as it helps enterprises by minimizing cost associated with the IT infrastructure. Cloud solution enable enterprise to focus on core business competencies. It provides enterprises with data protection and security, efficiently manage storage and privacy issues, offers data integrity and provides information related to governance and make enterprise legally prepared.
The prominent players in the cloud encryption market are- Thales e-Security (France), Gemalto N.V. (Netherlands), Sophos Group Plc (U.K.), Symantec Corporation (U.S.), Skyhigh Networks (U.S.), Netskope Inc. (U.S.), CipherCloud (U.S.), HyTrust, Inc. (U.S.), Trend Micro Incorporated (Japan), Vaultive, Inc. (U.S.) among others.
Market Research Analysis:
Regional analysis for cloud encryption market is studied in different geographic regions as North America, Europe, Asia-Pacific and Rest of World. North America region is mainly dominating the market due to adoption of advanced marketing techniques in enhancing business and increase adoption of analytics by organization in cloud marketing platform. North America region is one of the prominent player in the market due to advanced technological implementation in numerous vertical. European region is also gaining growth owing to growing demand from citizens and huge investment by enterprise in cloud encryption market. Asia-Pacific region is the fastest growing player in the cloud encryption market owing to advanced technological development and increasing data theft is boosting the market growth. Increasing urbanization, business expansion, industrial developments and growing educational sector is driving the growth of cloud encryption market in the region. Growing economies such as India, Japan, and China accounted for the largest market share due to growing IT network in this region. The region consists of many small and medium size enterprise that is contributing towards the growth of cloud encryption market from the region.
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Cloud Encryption Market, By Components (Solution, Service), By Service (Professional Service), By Service Model (Infrastructure-as-a-Service, Software-as-a-Service, Software-as-a-Service), By Cloud Deployment (Public, Private, Hybrid) - Forecast 2027
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According to a new market research report "Cloud Encryption Market by Component (Solution and Service), Service Model (Infrastructure-as-a-Service, Software-as-a-Service, and Platform-as-a-Service), Organization Size, Vertical, and Region - Global Forecast to 2022", published by MarketsandMarkets™, the cloud encryption market size is expected to grow from USD 645.4 Million in 2017 to USD 2,401.9 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 30.1%.The demand for cloud encryption is majorly driven by stringent government regulations and the need to protect mission critical data residing on the cloud.
With the rising demand for cloud and virtualization across different industry verticals, the adoption rate of cloud encryption among enterprises is expected to gain a major traction during the forecast period.
Thus, enterprises are adopting cloud encryption solution and services to run business-critical functions securely.The telecom and IT vertical is expected to grow at the fastest rateThe telecom and IT vertical involves high usage of cloud-based applications for their business operations and is thus frequently attacked by cybercriminals.
Companies in this sector are adopting cloud encryption solutions so as to provide their customers risk-free services.
Therefore, cloud encryption solutions are helping telecom and IT companies in enhancing their services and providing secure information to customers while complying with regulations.North America is expected to contribute to the largest market share; Asia Pacific to grow the fastest during the forecast periodNorth America is expected to have the largest market share and dominate the cloud encryption market from 2017 to 2022, owing to the early adoption of new and emerging technologies and the presence of a large number of players in this region.
APAC offers extensive growth avenues in the cloud encryption market, owing to a widespread presence of SMEs that are extensively adopting cloud technology.Speak to Research Expert @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=158713019The major vendors providing cloud encryption solutions and services are Thales e-Security (La Defense, France), Gemalto N.V. (Amsterdam, Netherlands), Sophos Group plc (Abingdon, UK), Symantec Corporation (California, US), Skyhigh Networks (California, US), Netskope Inc. (California, US), CipherCloud (California, US), HyTrust, Inc. (California, US), Trend Micro Incorporated (Tokyo, Japan), Vaultive, Inc. (Massachusetts, US), and TWD Industries AG (Unteriberg, Switzerland).About MarketsandMarkets™MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues.
According to a new market research report "Cloud Encryption Market by Component (Solution and Service), Service Model (Infrastructure-as-a-Service, Software-as-a-Service, and Platform-as-a-Service), Organization Size, Vertical, and Region - Global Forecast to 2022", published by MarketsandMarkets™, the cloud encryption market size is expected to grow from USD 645.4 Million in 2017 to USD 2,401.9 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 30.1%.The demand for cloud encryption is majorly driven by stringent government regulations and the need to protect mission critical data residing on the cloud.
With the rising demand for cloud and virtualization across different industry verticals, the adoption rate of cloud encryption among enterprises is expected to gain a major traction during the forecast period.Browse in-depth TOC on "Cloud Encryption Market"65- Tables 36- Figures 168- PagesDownload PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=158713019The Infrastructure-as-a-Service (IaaS) model is expected to hold the largest market shareThe IaaS segment includes the offerings such as servers, storages, and networking infrastructure on-premises private cloud.
Thus, enterprises are adopting cloud encryption solution and services to run business-critical functions securely.The telecom and IT vertical is expected to grow at the fastest rateThe telecom and IT vertical involves high usage of cloud-based applications for their business operations and is thus frequently attacked by cybercriminals.
Companies in this sector are adopting cloud encryption solutions so as to provide their customers risk-free services.
Therefore, cloud encryption solutions are helping telecom and IT companies in enhancing their services and providing secure information to customers while complying with regulations.North America is expected to contribute to the largest market share; Asia Pacific to grow the fastest during the forecast periodNorth America is expected to have the largest market share and dominate the cloud encryption market from 2017 to 2022, owing to the early adoption of new and emerging technologies and the presence of a large number of players in this region.
APAC offers extensive growth avenues in the cloud encryption market, owing to a widespread presence of SMEs that are extensively adopting cloud technology.Speak to Research Expert @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=158713019The major vendors providing cloud encryption solutions and services are Thales e-Security (La Defense, France), Gemalto N.V. (Amsterdam, Netherlands), Sophos Group plc (Abingdon, UK), Symantec Corporation (California, US), Skyhigh Networks (California, US), Netskope Inc. (California, US), CipherCloud (California, US), HyTrust, Inc. (California, US), Trend Micro Incorporated (Tokyo, Japan), Vaultive, Inc. (Massachusetts, US), and TWD Industries AG (Unteriberg, Switzerland).About MarketsandMarkets™MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues.
