Worldwide Encryption Software Market, Global Drivers, Trends and Forecast to 2021

  • June, 2015
  • Domain: ICT - Software & Services
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Encryption Software is meant to protect digital information on computers, and shared on via networks and internet. The software uses cryptography to secure digital messages and make it highly difficult to read. The organizations are investing on software based encryption, as the data breaches are likely to become sophisticated. In addition, strict regulations, and high adoption rate of virtualization and cloud are also driving the growth of encryption software market.

At present, software based encryption is high growing end-point data security solution. The market is supported by the rising trend of BYOD, and emergence of database-as-a-service. The organizations have high expectations with the product, and look for highly sophisticated ones. High complexity and high costs of running the software effectively are likely to hinder the growth of the market.

The rise in the number of sophisticated cyberattacks, risk of losing critical data, and strict regulations and compliances are the major drivers for the growth of encryption software market. The market is segmented by application, deployment type, services, organization type, verticals, and regions. Some of the encryption software market vendors present in the market are Sophos, CheckPoint Software Technologies, Microsoft, IBM, Symantec, SAS, McAfee and EMC.

The study covers and analyses the “Encryption Software” market. Bringing out the complete key insights of the industry, the report aims to provide an opportunity for players to understand the latest trends, current market scenario, government initiative, and technologies related to the market. In addition, helps the venture capitalist in understanding the companies better and take informed decisions.


1       Industry Outlook 

1.1             Industry Overview

1.2             Industry Trends

1.3             PESTEL Analysis

2       Report Outline 

2.1             Report Scope

2.2             Report Summary

2.3             Research Methodology

2.4             Report Assumptions

3       Market Snapshot

3.1             Total Addressable Market (TAM)

3.2             Segmented Addressable Market (SAM)

3.3             SAM as a Segment of TAM

3.4             Related Markets

4       Market Outlook 

4.1             Overview

4.2             Ecosystem

4.3             Segmentation

4.4             Porter 5 (Five) Forces

5       Market Characteristics 

5.1             Market Trends

5.2             Value Chain

5.3             Market Dynamics

5.3.1               Drivers

5.3.2               Restraints

5.3.3               Opportunities

5.4             DRO – Impact Analysis

5.5             Key Stakeholders

6       Application: Market Size and Analysis 

6.1             Overview

6.2             Folder/file encryption

6.3             Disk encryption

6.4             Cloud encryption

6.5             Database encryption

6.6             Communication encryption

7       Services: Market Size and Analysis 

7.1             Overview

7.2             Managed services

7.3             Professional services

8       Deployment type: Market Size & Analysis 

8.1             Overview

8.2             On-premises

8.3             Cloud

9    Vertical

9.1             Overview

9.2             BFSI

9.3             IT & telecom

9.4          Healthcare

9.5          Retail

9.6          Defense & aerospace

9.7          Public sector & government

9.8          Others

10     Regions: Market Size & Analysis 

10.1           Overview

10.2           North America

10.3           Europe

10.4            Asia Pacific

10.5            Latin America

10.6            Middle East & Africa

11     Competitive Analysis 

11.1           Overview

11.2           CheckPoint Software Technologies

11.3           IBM

11.4           Microsoft

11.5           Sophos

Includes other major vendors

12     Vendor Profiles*

12.1           CheckPoint Software Technologies

12.2           IBM

12.3           Microsoft

12.4           Sophos

Includes other major vendors

13     Companies to Watch for # 

14     Expert’s Views 



* Vendor profiles will include: overview, business units, geographical revenue, recent developments, business focus, SWOT, and business strategy

# Companies to watch for will include small private players present in Indian market

Research Framework

Infoholic research works on a holistic 360° approach in order to deliver high quality, validated and reliable information in our market reports. The Market estimation and forecasting involves following steps:

  • Data Collation (Primary & Secondary)
  • In-house Estimation (Based on proprietary data bases and Models)
  • Market Triangulation
  • Forecasting

Market related information is congregated from both primary and secondary sources.

Primary sources

involved participants from all global stakeholders such as Solution providers, service providers, Industry associations, thought leaders etc. across levels such as CXOs, VPs and managers. Plus, our in-house industry experts having decades of industry experience contribute their consulting and advisory services.

Secondary sources

include public sources such as regulatory frameworks, government IT spending, government demographic indicators, industry association statistics, and company publications along with paid sources such as Factiva, OneSource, Bloomberg among others.

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