A research study titled, “Mobile Encryption Market by component, deployment type, end user, application and vertical - global industry analysis and forecast to 2023” published by crystal market research.
Industry Outlook & Trend Analysis:
The Global Mobile Encryption Market was worth USD 0.36 billion in 2014 and is expected to reach approximately USD 4.00 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 30.69% during the forecast period.
The major factors driving the mobile encryption market incorporate the rising usage of cell phones and tablets crosswise over undertakings, requirement for stringent consistence and administrative necessities, and expanded concerns for information security and protection issues. Besides, with the consequent increment in the selection rate of cloud-based mobile encryption arrangements, the mobile encryption advertise is foreseen to develop significantly amid the estimate time frame.
Industry Outlook & Trend Analysis:
The Global Mobile Encryption Market was worth USD 0.36 billion in 2014 and is expected to reach approximately USD 4.00 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 30.69% during the forecast period.
The major factors driving the mobile encryption market incorporate the rising usage of cell phones and tablets crosswise over undertakings, requirement for stringent consistence and administrative necessities, and expanded concerns for information security and protection issues. Besides, with the consequent increment in the selection rate of cloud-based mobile encryption arrangements, the mobile encryption advertise is foreseen to develop significantly amid the estimate time frame.
Mobile Encryption Market Segmentation:
By Component:Services
Solution
By Component:Services
Solution
By Application:File/folder encryption
Communication encryption
Disk encryption
Cloud encryption
Communication encryption
Disk encryption
Cloud encryption
By End User:Large enterprises
Small and Medium Enterprises (SMEs)
Small and Medium Enterprises (SMEs)
By Deployment Type:Cloud
On-premises
On-premises
By Vertical:Healthcare
Government and public sector
Banking, Financial Services, and Insurance (BFSI)
Aerospace and Defense
Retail
Government and public sector
Banking, Financial Services, and Insurance (BFSI)
Aerospace and Defense
Retail
Competitive Analysis:The leading players in the market are
Open Whisper Systems, AlertBoot Data Security, Inc, BlackBerry Limited,
Certes Networks, Gold Line Group Ltd, MobileIron, Hewlett-Packard and IBM.These organizations have implemented different methods such as development of new products; mergers and acquisitions; agreements, partnerships, collaborations and contracts; and business expansions to cater to the mobile encryption market.
Open Whisper Systems, AlertBoot Data Security, Inc, BlackBerry Limited,
Certes Networks, Gold Line Group Ltd, MobileIron, Hewlett-Packard and IBM.These organizations have implemented different methods such as development of new products; mergers and acquisitions; agreements, partnerships, collaborations and contracts; and business expansions to cater to the mobile encryption market.
Regional Outlook and Trend Analysis
North America is foreseen to have the biggest share of the market in 2017, while the Asia Pacific (APAC) is anticipated to develop at the most astounding CAGR from 2017 to 2022, in the market. This is primarily in light of the fact that the associations in the developed countries of the United States and Canada are exceptionally engaged toward the early implementation of inventive arrangements acquired from innovative work in security advances.
Application Outlook and Trend AnalysisCloud encryption is anticipated to develop at the most astounding CAGR amid the figure time frame in the applications portion attributable to the progressing broad implementation of the cloud among organizations over the world. Increment in the force and volume of cyber-attacks has additionally enhanced the concerns related to the security of data for companies that have implemented cloud for information storage. This has empowered the usage of cloud encryption to shield delicate data from security ruptures and burglaries. Plate encryption is assessed to have the biggest market estimate in 2017.
North America is foreseen to have the biggest share of the market in 2017, while the Asia Pacific (APAC) is anticipated to develop at the most astounding CAGR from 2017 to 2022, in the market. This is primarily in light of the fact that the associations in the developed countries of the United States and Canada are exceptionally engaged toward the early implementation of inventive arrangements acquired from innovative work in security advances.
Application Outlook and Trend AnalysisCloud encryption is anticipated to develop at the most astounding CAGR amid the figure time frame in the applications portion attributable to the progressing broad implementation of the cloud among organizations over the world. Increment in the force and volume of cyber-attacks has additionally enhanced the concerns related to the security of data for companies that have implemented cloud for information storage. This has empowered the usage of cloud encryption to shield delicate data from security ruptures and burglaries. Plate encryption is assessed to have the biggest market estimate in 2017.
Research MethodologyWe use both primary as well as secondary research for our market surveys, estimates and for developing forecast. Our research process commence by analyzing the problem which enable us to design the scope for our research study. Our research process is uniquely designed with enough flexibility to adjust according to changing nature of products and markets, while retaining core element to ensure reliability and accuracy in research findings. We understand both macro and micro-economic factors to evaluate and forecast different market segments.
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About Crystal Market Research:
Crystal offers one stop solution for market research, business intelligence, and consulting services to help clients make more informed decisions. It provides both syndicated as well as customized research studies for its customers spread across the globe. The company offers market intelligence reports across a broad range of industries including healthcare, chemicals & materials, technology, automotive, and energy.
Crystal offers one stop solution for market research, business intelligence, and consulting services to help clients make more informed decisions. It provides both syndicated as well as customized research studies for its customers spread across the globe. The company offers market intelligence reports across a broad range of industries including healthcare, chemicals & materials, technology, automotive, and energy.
Contact Us:
Judy S,
304 South Jones Blvd, Suite 1896,
Las Vegas NV 89107,
United States
Toll Free: +1-888-213-4282
Email: sales@crystalmarketresearch.com
Judy S,
304 South Jones Blvd, Suite 1896,
Las Vegas NV 89107,
United States
Toll Free: +1-888-213-4282
Email: sales@crystalmarketresearch.com
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