Encryption software is majorly used in protecting the data stored in files/folders and disks or data-at-rest; and also the data travelling over wireless networks or data-in-transit. The message or plain text is converted into coded message called the Cipher text, and an authorized entity would be able to decipher the same. Software-based encryption uses software to encrypt and decrypt data at-rest as well as data-in-transit. Number of data privacy legislations mandate the use of encryption or cite encryption with the purpose 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.
Based on the Application type, the Encryption Software market is segmented into Disk Encryption, File/Folder Encryption, Database Encryption, Communication Encryption and Cloud Encryption. Based on Organization Size, the market is segmented into Small & Medium Sized Enterprises and Large Enterprises. Based on deployment Type, the market is segmented into cloud based and On-premise. The Verticals highlighted in this report include BFSI, Healthcare, Government & Public Utilities, Telecom, Retail, Aerospace & Defence and Others.
Based on Country, Europe Encryption Software market is segmented into Germany, UK, France, Russia, Spain, Italy and Rest of Europe. Germany remained the dominant Country in the Europe Encryption Software market in 2015. France and Russia would witness promising CAGR during the forecast period (2016-2022).
The report covers the analysis of key stake holders of the Encryption Software market. Key companies profiled in the report include Symantec Corporation, Check Point Software Technologies, IBM Corporation, Cisco Systems, Inc., Intel Corporation, HP Enterprise Company, FireEye, Inc., Infineon Technologies AG, AT&T Inc. and Dell Inc. (SonicWall Inc.).