Global Cloud Encryption Market 2018-2022 | BFSI Segment Dominates the Global Market | Technavio

According to the market research report released by Technavio, the global cloud encryption market is expected to accelerate at a CAGR of almost 35% during the forecast period. The increasing demand to counter IT shadow is one of the key factors triggering the growth of the market.

This research report titled ˜Global Cloud Encryption Market 2018-2022 provides an in-depth analysis of the market in terms of revenue and emerging market trends. It also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.

This report is available at a USD 1,000 discount for a limited time only: View market snapshot before purchasing

The market research analysis categorizes the global cloud encryption market into the following end-user:

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  • BFSI
  • Manufacturing
  • Professional services
  • Healthcare
  • Government

In 2017, the BFSI segment accounted for around 43% of the global market share and this segment is projected to continue its dominance through 2022.

Global cloud encryption market: Top emerging trend

The growing adoption of biometric encryption is an emerging trend in the cloud encryption market space. It is challenging to secure the cloud and reduce threats using conventional solutions. This has encouraged vendors to integrate biometric systems with cloud computing to enhance the reliability, scalability, cost savings, and offer several other benefits. In addition, biometric technology has a fast development rate and the services can be provided on demand.

Looking for more information on this market? Request a free sample report

Technavios sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more.

Technavios report provides expert market research on the following topics:

Executive Report

  • Market Outline
  • Global Cloud Encryption Market Overview

Market Insights

  • Market Sizing and Forecasts
  • Market Growth
  • Market Drivers and Challenges
  • Key Emerging Trends

Market Segmentation Analysis

  • Regional comparison (APAC, Americas, and EMEA)
  • Key leading countries
  • Market segmentation by end-user (BFSI, manufacturing, professional services, healthcare, and government)

Vendor Landscape

  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario
  • Analysis of top vendors (Gemalto, Sophos, and Symantec)

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavios report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavios comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team at [email protected].

Technavio Research
Jesse Maida
Media & Marketing
Executive
US: +1 844 364 1100
UK: +44 203 893 3200
www.technavio.com

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