Published by news degree
Posted on August 3, 2021
The global Cloud Encryption Market is forecast to reach USD 4.61 Billion by 2026, according to a new report by Reports and Data. Cloud Encryption is provided by the cloud service vendors. This encryption allows for secure data computation and also ensures the protection of data from hacking as well as preventing scenarios of data theft. The encryption method safeguards the data by muddling the content of a system or a database. Thus, the files or data is inaccessible with the decryption key. The increasing cloud traffic, as well as the high demand for protecting sensitive information from data breaches and unauthorized access from third-party initiatives are driving the growth of the cloud encryption market.
The market for cloud encryption is influenced by the rising demand from data hogging multi-national companies which dwell mostly on cloud computing. Encryption ensures the protection of these sentient data for the safeguarding of company privacy.
Apart from the drivers for the market, there lies restraints, too, which influences the market vastly. Confining factors include the lack of awareness among the populace about cloud security and data protection. The lack of budget for obtaining cloud encryption solutions is another major restraint for the market. With high commercialization, the wide-spread implementation of cloud encryption is forecasted.
Access Free sample PDF Copy of the Report @ https://www.reportsanddata.com/sample-enquiry-form/2224
Key participants include
Sophos Group Plc., Thales e-Security, Gemalto N.V., Skyhigh Networks, Symantec Corporation, CipherCloud, Netskope Inc., Trend Micro Incorporated, HyTrust Inc., and Vaultive Inc., among others.
Further key findings from the report suggest
Among component types, the service segment is expected to experience the highest CAGR of 23.9% during the forecast period. The constant adoption for cloud services by different end users ensure the increase in demand for this segment.
Software-as-a-Service is expected to develop with the highest CAGR of 23.8% in the services segment. This is the application of making software available to consumers over the internet. Encryption here is highly required owing to the increase in demand of similar services as well as the necessity of protecting the data which is being utilized.
The market share for the public segment from among the deployment types is seen to be the highest at 36.0% in the year 2018. This is mainly because of the high utility of public domain cloud services from vendors, which allow encryption of user data to prevent data burglary and spamming Spywares.
Asia Pacific is estimated to experience the highest CAGR of 23.5% during the forecast period. Countries like Japan, China, and India are rapidly catching up with the growth in the cloud security services markets. The huge influx of IT firms and data monger enterprises propels the growth of the market in this region.
Request for Custom Research @ https://www.reportsanddata.com/request-customization-form/2224
For this report, Reports and Data have segmented into the global Cloud Encryption market on the basis of resin type, composite phases, industry vertical, and region:
Component Type Outlook Revenue, USD Billion; 2016-2026)
Service
Solution
Service Type Outlook (Revenue, USD Billion; 2016-2026)
Infrastructure-as-a-Service
Software-as-a-Service
Platform-as-a-Service
Deployment Outlook (Revenue, USD Billion; 2016-2026)
Public
Private
Hybrid
End-Users Outlook (Revenue, USD Billion; 2016-2026)
BFSI
Healthcare
Retail and Consumer goods
IT and Telecom
Media and Entertainment
Travel and Hospitality
Government
Others
Regional Outlook (Volume, Kilo Tons; 2018-2028 and Revenue, USD Million; 2018-2028)
Buy now your Exclusive copy of Report @ https://www.reportsanddata.com/checkout-form/2224
Have a Look at Related Reports:
Cloud Application Security Market Size, Share & Analysis, By Solution (Cloud Application Discovery, Data Protection, Threat Protection, and Analytics & Reporting), By Services, Application, Organization size, And Segment Forecasts, 2017-2026
Data Migration Market Size, Share And Industry Analysis By Component (Software, Services), By Business Functions (Marketing, Operations, Finance, Legal, Sales, Human Resources), By Organization Size (Small and Medium enterprises, Large Enterprises), Deployment Mode (On-Premises, On-Demand), By End Users (BFSI, Media and Entertainment, Retail and Consumer Goods, Energy and Utilities, Manufacturing, Healthcare, IT and Telecommunications, Government and Defense) And Region, Segment Forecasts To 2026
Disaster Recovery as a Service (DRaaS) Market By Service Type, By Service Providers, By Organization Size, By Deployment Mode, And By Industry Vertical, 2016-2026
Telecom Cloud Market Size, Share And Industry Analysis By Offering (Solution, Services), By Service Type (Infrastructure as a Service (IaaS), Software as a Service (SaaS), Platform as a Service (PaaS), Community as a service (CaaS), Network as a Service (NaaS)), By Deployment Mode (Public Cloud, Private Cloud, Hybrid Cloud), By Organization Size (Small & Medium Sized Enterprises, Large Enterprises) By Application (Billing & Provisioning, Traffic Management, Others), By Industry Verticals (BFSI, Retail, Manufacturing, Transportation, Government, Media & Entertainment, Healthcare, Others) And Region, Segment Forecasts To 2026
Perimeter Intrusion Detection Systems Market By Component, By Organization Size, By Deployment, By Industry Vertical, And Segment Forecasts, 2016-2026
About Reports and Data
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.
Contact Us:
John W
Head of Business Development
Reports and Data | Web: www.reportsanddata.com
Direct Line: +1-212-710-1370
E-mail: sales@reportsanddata.com
Read Our Innovative Blogs @ https://www.reportsanddata.com/blogs
The post Cloud Encryption Market Size, Opportunities, Key Growth Factors, Revenue Analysis, For 2016–2026 | Reports And Data first appeared on News Degree | Hub for Latest and Trending News from Around the Globe.
The global Cloud Encryption Market is forecast to reach USD 4.61 Billion by 2026, according to a new report by Reports and Data. Cloud Encryption is provided by the cloud service vendors. This encryption allows for secure data computation and also ensures the protection of data from hacking as well as preventing scenarios of data theft. The encryption method safeguards the data by muddling the content of a system or a database. Thus, the files or data is inaccessible with the decryption key. The increasing cloud traffic, as well as the high demand for protecting sensitive information from data breaches and unauthorized access from third-party initiatives are driving the growth of the cloud encryption market.
The market for cloud encryption is influenced by the rising demand from data hogging multi-national companies which dwell mostly on cloud computing. Encryption ensures the protection of these sentient data for the safeguarding of company privacy.
Apart from the drivers for the market, there lies restraints, too, which influences the market vastly. Confining factors include the lack of awareness among the populace about cloud security and data protection. The lack of budget for obtaining cloud encryption solutions is another major restraint for the market. With high commercialization, the wide-spread implementation of cloud encryption is forecasted.
Access Free sample PDF Copy of the Report @ https://www.reportsanddata.com/sample-enquiry-form/2224
Key participants include
Sophos Group Plc., Thales e-Security, Gemalto N.V., Skyhigh Networks, Symantec Corporation, CipherCloud, Netskope Inc., Trend Micro Incorporated, HyTrust Inc., and Vaultive Inc., among others.
Further key findings from the report suggest
Among component types, the service segment is expected to experience the highest CAGR of 23.9% during the forecast period. The constant adoption for cloud services by different end users ensure the increase in demand for this segment.
Software-as-a-Service is expected to develop with the highest CAGR of 23.8% in the services segment. This is the application of making software available to consumers over the internet. Encryption here is highly required owing to the increase in demand of similar services as well as the necessity of protecting the data which is being utilized.
The market share for the public segment from among the deployment types is seen to be the highest at 36.0% in the year 2018. This is mainly because of the high utility of public domain cloud services from vendors, which allow encryption of user data to prevent data burglary and spamming Spywares.
Asia Pacific is estimated to experience the highest CAGR of 23.5% during the forecast period. Countries like Japan, China, and India are rapidly catching up with the growth in the cloud security services markets. The huge influx of IT firms and data monger enterprises propels the growth of the market in this region.
Request for Custom Research @ https://www.reportsanddata.com/request-customization-form/2224
For this report, Reports and Data have segmented into the global Cloud Encryption market on the basis of resin type, composite phases, industry vertical, and region:
Component Type Outlook Revenue, USD Billion; 2016-2026)
Service
Solution
Service Type Outlook (Revenue, USD Billion; 2016-2026)
Infrastructure-as-a-Service
Software-as-a-Service
Platform-as-a-Service
Deployment Outlook (Revenue, USD Billion; 2016-2026)
Public
Private
Hybrid
End-Users Outlook (Revenue, USD Billion; 2016-2026)
BFSI
Healthcare
Retail and Consumer goods
IT and Telecom
Media and Entertainment
Travel and Hospitality
Government
Others
Regional Outlook (Volume, Kilo Tons; 2018-2028 and Revenue, USD Million; 2018-2028)
Buy now your Exclusive copy of Report @ https://www.reportsanddata.com/checkout-form/2224
Have a Look at Related Reports:
Cloud Application Security Market Size, Share & Analysis, By Solution (Cloud Application Discovery, Data Protection, Threat Protection, and Analytics & Reporting), By Services, Application, Organization size, And Segment Forecasts, 2017-2026
Data Migration Market Size, Share And Industry Analysis By Component (Software, Services), By Business Functions (Marketing, Operations, Finance, Legal, Sales, Human Resources), By Organization Size (Small and Medium enterprises, Large Enterprises), Deployment Mode (On-Premises, On-Demand), By End Users (BFSI, Media and Entertainment, Retail and Consumer Goods, Energy and Utilities, Manufacturing, Healthcare, IT and Telecommunications, Government and Defense) And Region, Segment Forecasts To 2026
Disaster Recovery as a Service (DRaaS) Market By Service Type, By Service Providers, By Organization Size, By Deployment Mode, And By Industry Vertical, 2016-2026
Telecom Cloud Market Size, Share And Industry Analysis By Offering (Solution, Services), By Service Type (Infrastructure as a Service (IaaS), Software as a Service (SaaS), Platform as a Service (PaaS), Community as a service (CaaS), Network as a Service (NaaS)), By Deployment Mode (Public Cloud, Private Cloud, Hybrid Cloud), By Organization Size (Small & Medium Sized Enterprises, Large Enterprises) By Application (Billing & Provisioning, Traffic Management, Others), By Industry Verticals (BFSI, Retail, Manufacturing, Transportation, Government, Media & Entertainment, Healthcare, Others) And Region, Segment Forecasts To 2026
Perimeter Intrusion Detection Systems Market By Component, By Organization Size, By Deployment, By Industry Vertical, And Segment Forecasts, 2016-2026
About Reports and Data
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.
Contact Us:
John W
Head of Business Development
Reports and Data | Web: www.reportsanddata.com
Direct Line: +1-212-710-1370
E-mail: sales@reportsanddata.com
Read Our Innovative Blogs @ https://www.reportsanddata.com/blogs
The post Cloud Encryption Market Size, Opportunities, Key Growth Factors, Revenue Analysis, For 2016–2026 | Reports And Data first appeared on News Degree | Hub for Latest and Trending News from Around the Globe.
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