Sarasota, FL, May 18, 2017 (GLOBE NEWSWIRE) — Zion Market Research has published a new report titled “Encryption Software Market by Deployment Type (Cloud and on-Premise) for Encryption for Data-at-Rest, Full Disc Encryption, and Other Applications: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2015 – 2021”. According to the report, the global encryption software market accounted for about USD 2.20 billion in 2015 and is expected to reach around USD 7.17 billion by 2021, growing at a CAGR of around 21.7% between 2016 and 2021.
Encryption is a method that secures data by converting plain text into a cipher format during transmission. This method uses mathematical algorithms which convert the information into an unreadable format which can only retrieve using a secret code. The strength of an encryption code is calculated by its length which is determined by the number of bits used.The primary goal of encryption software is to encrypt and decrypt data, which also includes features such as shredding.
Browse through 13 Market Tables and 23 Figures spread through 110 Pages and in-depth TOC on “Global Encryption Software Market: By Deployment Type, Applications, Size, Share, Trends, Opportunities, Verticals and Forecast 2015-2021”.
Request Free Sample copy of Global Encryption Software Market Report @ https://www.zionmarketresearch.com/sample/encryption-software-market
With the rising proliferation of cloud and mobile devices among enterprises, the data security concerns are also increasing. Moreover, it heightens the inclination of the data breach, theft and loss, commercial espionage, and cyber-attacks across several companies. With the rising strength and volume of commercial espionage among diverse industries pertaining to critical information, the security of data is of prime importance. Thus, the embracement of advanced data security solutions has become crucial to companies. In addition, the strict regulatory compliance among diverse industry verticals such as BFSI and healthcare has mandated the implementation of data security solutions that are compliant with the certain standards.
By deployment type, cloud-based deployment accounted for the highest share in the encryption software market in 2015. It accounted for around 40% of the market share in the global market.The market is being accelerated by factors such as rising need for compliance with regulatory mandates by organizations for data protection and the rising demand for cloud services and cloud-based databases. The rising threat of theft of intellectual data is driving industries to adopt database encryption solutions, thereby enhancing the growth of the market during the forecast period.
Browse the full “Global Encryption Software Market by Deployment Type (Cloud and on-Premise) for Encryption for Data-at-Rest, Full Disc Encryption, and Other Applications: Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2015 – 2021” report at https://www.zionmarketresearch.com/report/encryption-software-market
Data-at-rest application has the highest market shared in encryption software market.Data-at-rest encryption software accounted for the considerable share of the total encryption software market.For data-at-rest, the two most commonly used encryption software methods includes Full Disk Encryption (FDE) and File-Level Encryption (FLE), with Full Disk Encryption software being which is the broadly deployed method for protecting data against theft and ensuring compliance with the data privacy and data breach notification laws.
North America is anticipated to hold the largest market share of the database encryption market during the next five years, followed by Europe.It accounted around50% of the market share in the global encryption software market.APAC is expected to grow at the highest CAGR during the estimated period.
Inquire more about this report before purchase @ https://www.zionmarketresearch.com/inquiry/encryption-software-market
Major Market Players:
Some of the prominent vendors in the encryption software market are IBM, Microsoft, Sophos Ltd, Gemalto, Net App Inc, Hewlett- Packard, Vormetric, Oracle, Intel, and Symantec.
Directly Purchase a copy of report with TOC @ https://www.zionmarketresearch.com/buynow/su/encryption-software-market
This report segments the global encryption software market as follows:
Global Encryption Software Market: Deployment Type Segment Analysis
Global Encryption Software Market: Application Segment Analysis
- Encryption for Data-at-rest
- Full Disc Encryption (FDE)
- File Level Encryption
Global Encryption Software Market: Regional Segment Analysis
- North America
- Asia Pacific
- Latin America
- The Middle East & Africa
- Cyber Security Market: https://www.zionmarketresearch.com/report/cyber-security-market
- Flexible Electronics Market: https://www.zionmarketresearch.com/report/flexible-electronics-market
- Surge Protection Devices Market: https://www.zionmarketresearch.com/report/surge-protection-devices-market
- Connected Home Security Device Market: https://www.zionmarketresearch.com/report/connected-home-security-device-market
- Digital Transformation Market: https://www.zionmarketresearch.com/report/digital-transformation-market
- Augmented Reality (AR) Market: https://www.zionmarketresearch.com/report/augmented-reality-market
Zion Market Research is an obligated company. We create futuristic, cutting edge, informative reports ranging from industry reports, company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.
Follow Us LinkedIn: https://www.linkedin.com/company/zion-market-research
Follow Us Twitter: https://twitter.com/zion_research
CONTACT: Contact Us: Joel John 4283, Express Lane, Suite 634-143, Sarasota, Florida 34249, United States Tel: +49-322 210 92714 USA/Canada Toll-Free No.1-855-465-4651 Email: firstname.lastname@example.org Website: https://www.zionmarketresearch.com