Global Encryption Software Market 2019 - Incidence of Data Breaches Drives Growth

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Mar 18, 2015, 02:20 ET

DALLAS, March 18, 2015 /PRNewswire/ --

Sandlerresearch.org adds "Global Encryption Software Market 2015-2019" a new report in its store. The Global Encryption Software Market analysis report says market is expected to grow at a CAGR of 17.36% from 2014-2019.

According to the latest "Global Encryption Software Market 2015-2019" report, the number of data breaches has increased in recent years. The encryption software encrypts data, files, folders and software with a secret code that only registered users can access. With encryption software, organizations can store sensitive data in secure storage in the cloud, which can be accessed only by authorized users.

Because data breaches can be catastrophic for an organization, encryption software is being adopted increasingly to control these violations and create a secure information environment.

Many encryption software providers have integrated features that enhance the use of encryption solutions into smartphones or smart devices.

The BYOD policy offers enterprises various benefits like improved productivity, employee satisfaction and cost saving options.

Encryption is a technique that secures data by converting plain text into a cipher format during transmission through the internet. The process uses mathematical algorithms that convert the information into an undecipherable format that can only be accessed using a secret code. The strength of an encryption code is measured by its length, which is determined by the number of bits used, as it is directly proportional to the number of possible codes or combinations. Though the primary goal of an encryption software is to encrypt and decrypt data, it also includes features such as shredding.

This report covers the present scenario and the growth prospects of the Global Encryption Software market for the period 2015-2019. To calculate the market size, the report considers revenue generated from encryption software, solutions, tools, applications, services, support, and maintenance.

Order a Copy of Report athttp://www.sandlerresearch.org/purchase?rname=34223.

The report also presents the vendor landscape and a corresponding detailed analysis of the six major vendors in the market. It provides a geographical segmentation of the market for 2014 and details of the major drivers, challenges, and trends in the market. It also provides a segmentation based on data usage, applications, and end-users in the market.

Furthermore, the new report emphasizes the growing adoption of BYOD policy as a key driver for market growth. The increase in the adoption of smartphones is driving the demand for encryption software for securing critical data.

Other Related Reports onSoftware and Services:

Global Hardware Encryption Market 2015-2019 (http://www.sandlerresearch.org/global-hardware-encryption-market-2015-2019.html): Analysts forecast the Global Hardware Encryption market to grow at a CAGR of 50.62% over the period 2014-2019.

The report covers the present scenario and the growth prospects of the Global Hardware Encryption market for the period 2015-2019. To calculate the market size, the report considers the revenue generated from the sale of the following components:

Hardware encrypted HDDS
Hardware encrypted USB drives
In-line encryptors

The Global Hardware Encryption market is segmented as follows based on end-user:

Consumer Electronics, Communication and Network Security, MDA, Healthcare, and Enterprises

The recognizes the following companies as the key players in the Global Hardware Encryption Market: Micron Technology Inc., Samsung Electronics Co. Ltd., Seagate Technology LLC, Toshiba Corp. and Western Digital Technologies Inc.

Other Prominent Vendors in the market are: Imation, Kanguru Solutions, Kingston Technology, KoolSpan, Maxim Integrated Products, MerlinCryption, NetApp, SanDisk, Secude and WinMagic.

Global Email Encryption Market 2015-2019 (http://www.sandlerresearch.org/global-email-encryption-market-2015-2019.html): Analysts forecast the Global E-mail Encryption market to grow at a CAGR of 21.70% over the period 2014-2019.

This report covers the present scenario and the growth prospects of the Global E-mail Encryption market for the period 2015-2019. The market size is calculated based on the revenue generated from the sale of e-mail encryption solution by the vendors.

The Global E-mail Encryption market is segmented on the basis of end-users, e-mail clients, and geography:

End-users: Financial Institutions, Healthcare Sector, and Government Organizations
E-mail clients: Apple iPhone, Gmail, Outlook, Apple iPad, Apple Mail, Yahoo! Mail, and Google Android
Geography: the Americas, the EMEA region, and the APAC region

The report recognizes the following companies as the key players in the Global Email Encryption Market: Cisco Systems Inc., McAfee Inc., Proofpoint Inc., Symantec Corp. and Zix Corp.

Other Prominent Vendors in the market are: Appriver, Axway Tumbleweed, Cryptzone, Dell, Echoworx, Egress, Entrust, Erado, Greenview, Hushmail, Microsoft, Reflexion, Silversky, Smarsh, Sonicwall, Sophos, TrendMicro, Voltage Security, Watchguard and Websense.

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