Encryption Software Market Growing at a CAGR 15.5% | Key Player Microsoft, Symantec, Thales E-Security, Trend Micro, Sohpos IBM (US), Microsoft (US), Symantec (US), Thales e-Security (France), Trend Micro (Japan), Sophos (UK), Check Point (Israel), Micro Focus (UK), McAfee (US), Dell (US), WinMagic (US), ESET (US), Cryptomathic (Denmark), Bitdefender (Romania), Stormshield (France), and CipherCloud (US).
Encryption Software Market by Component (Software and Services), Application (Disk Encryption, File/Folder Encryption, Communication Encryption, Cloud Encryption), Deployment Mode, Enterprise Size, Vertical, and Region - Global Forecast to 2025
MarketsandMarkets forecasts the global Encryption Software Market size to grow from USD 9.8 billion in 2020 to USD 20.1 billion by 2025, at a CAGR of 15.5% during 2020–2025. An increasing focus on adhering to stringent mandatory regulatory standards and data privacy compliances and rising concerns about loss of critical data are major