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Global Cloud Encryption Market 2018-2022

  • Published: Feb 2018
  • Pages: 108
  • SKU: IRTNTR20872
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This industry research report presents a comprehensive analysis of the cloud encryption market based on the end-user segment such as BFSI, manufacturing, professional services, healthcare, and government. The report also provides an analysis of the market's growth across regions such as the Americas, APAC, and EMEA.

Overview of the cloud encryption market

Technavio’s market research analysts have identified the increasing utilization of in-built cloud encryption as one of the primary factors that will trigger the growth of the cloud encryption market in the coming years. The adoption of mobile devices has increased significantly in the recent years. This increasing usage of mobile devices will drive the need for cloud encryption owing to the growing demand for enhanced security. Owing to the growing demand, vendors are focusing on manufacturing scalable and transparent solutions, such as anti-malware, software, and encryptions that will increase the safety of cloud applications. According to our market research analysts, the cloud encryption market will grow steadily at a CAGR close to 35% by 2022.

The growing adoption of cloud-based multifactor authentication is one of the key trends that will gain traction in the cloud encryption market. The increasing adoption of cloud-based applications is contributing to the growing demand for security. This is inducing cloud encryption vendors are focusing on incorporating two-factor authentications to improve security and consequently develop cloud storage solutions with better security. Companies are choosing to provide solutions with multi-factor authentication, whcih uses two or more identification methods to verify the user.

Companies covered

The cloud encryption market is concentrated due to the presence of few established players. This industry research report provides information about the competitive environment among the players in this marketspace. Moreover, the report also suggest strategies the vendors should adopt to enhance their shares and sustain the competition in this encrypted cloud storage market.

The report includes an analysis of a number of companies in this marketspace including -

  • Gemalto
  • Sophos
  • Symantec

Segmentation by end-user and analysis of the cloud encryption market  

  • BFSI
  • Manufacturing
  • Professional services
  • Healthcare
  • Government

The BFSI segment accounted for the major share of the encrypted cloud storage market during 2017. Our analysts have predicted that this segment will continue to acoount for the maximum share of this market during the forecast period as well.

Geographical segmentation and analysis of the cloud encryption market

  • Americas
  • APAC
  • EMEA

The Americas accounted for the maximum share of the encrypted cloud storage market during 2017. Our analysts have predicted that the growth of the market in this region will mainly account to the growing demand for cloud services in several sectors in this region. The US, Canada, and Mexico are the leading contributors to the growth of the cloud encryption market in the Americas.

Key questions answered in the report include

  • What will the cloud encryption market size and growth rate be in 2022?
  • What are the key factors driving the global cloud encryption market?
  • What are the key market trends impacting the growth of the global cloud encryption market?
  • What are the challenges to market growth?
  • Who are the key vendors in the global cloud encryption market?
  • What are the market opportunities and threats faced by the vendors in the global cloud encryption market?
  • Trending factors influencing the market shares of the Americas, APAC, and EMEA.
  • What are the key outcomes of the five forces analysis of the global cloud encryption market?

Technavio also offers customization on reports based on specific client requirement.

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: INTRODUCTION

  • Market outline

PART 05: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 06: MARKET SIZING

  • Market definition
  • Market sizing 2017
  • Market size and forecast 2017-2022

PART 07: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 08: CUSTOMER LANDSCAPE

PART 09: MARKET SEGMENTATION BY APPLICATION

  • Segmentation by end-user
  • Comparison by end-user
  • BFSI – Market size and forecast 2017-2022
  • Manufacturing– Market size and forecast 2017-2022
  • Professional services – Market size and forecast 2017-2022
  • Healthcare – Market size and forecast 2017-2022
  • Government – Market size and forecast 2017-2022
  • Others – Market size and forecast 2017-2022
  • Market opportunity by application

PART 10: REGIONAL LANDSCAPE

  • Geographical segmentation
  • Regional comparison
  • Americas – Market size and forecast 2017-2022
  • EMEA – Market size and forecast 2017-2022
  • APAC – Market size and forecast 2017-2022
  • Market opportunity

PART 11: DECISION FRAMEWORK

PART 12: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 13: MARKET TRENDS

  • Growing adoption biometric encryption
  • Increasing adoption of cloud-based multifactor authentication
  • Increasing adoption in SMEs

PART 14: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 15: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Gemalto
  • Sophos
  • Symantec

PART 16: APPENDIX

  • List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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