Encryption software market

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Encryption Software Market  Region - Global
Forecast to 2021

• Published On 28 Dec

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Report Description
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Increasing need to safeguard data against
cyber-attacks will drive the encryption software
market The encryption software market size is
estimated to grow from USD 3.05 billion in 2016
to USD 8.94 billion by 2021, at an
estimated CAGR of 24.0. The encryption software
market is driven by factors such as increasing
need to safeguard critical business information
against advanced threats, manifestation of
dynamic business environment, and compliance to
cyber security guidelines and regulations.
However, increasing operational costs and
emergence of hardware-based full disk encryption
limit the growth of encryption software
market. Cloud encryption segment is expected to
grow at highest CAGR during the forecast
period The cloud encryption segment is
estimated to grow at the highest CAGR during the
forecast period, due to the increased adoption of
cloud-based storage and applications across
various business processes.
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Table of content
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1 INTRODUCTION 131.1 OBJECTIVES OF THE STUDY
131.2 MARKET DEFINITION 13 2 RESEARCH
METHODOLOGY 172.1 RESEARCH DATA 172.1.1
SECONDARY DATA 182.1.1.1 Key data from secondary
sources 18 3 EXECUTIVE SUMMARY 254 PREMIUM
INSIGHTS 304.1 ATTRACTIVE MARKET OPPORTUNITIES
IN THE GLOBAL ENCRYPTION SOFTWARE MARKET 30
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Market Value
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• CAGR of 24.00
• (2018 - 2021)

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