Key Findings
The North America encryption software market is estimated to evolve at a CAGR of 11.65%, during the forecast period, 2019-2028. The rising demand for consumer electronic products has aided the market players in sustaining their business. The cloud services and developing IoT technology have aided market growth. Further, the growing need to adhere to stringent regulatory compliances and surging presence of encryption software vendors are set to propel market growth.

Market Insights
Canada and the United States are analyzed for the North America encryption software market growth evaluation. Cybercrime is rapidly gaining traction in Canada. The survey conducted by ESET Cybercrime Barometer 2018 found that most citizens view cybercrime as a threat to their country. About 1 in 5 companies in the country are hit by cyberattacks. Canada is also one of the most exposed countries to cybercrime and attacks. This is because several organizations and businesses are adapting to diverse digital solutions. Equifax Canada announced that the country faced a massive data breach in early 2017, which affected more than 19000 customers. Personal information was compromised in the cyberattack. Such factors create new avenues for companies to invest in innovative solutions.

Competitive Insights
Symantec Corporation, Sophos Holdings Ltd, Proofpoint, Broadcom Inc, Trend Micro Incorporated, etc. are some of the market players registering their presence in the market.
Our report offerings include:

  • Explore key findings of the overall market
  • Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
  • Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
  • Market Segmentation cater to a thorough assessment of key segments with their market estimations
  • Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
  • Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
  • Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
  • Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments