Software-based encryption is one of the fast emerging end point data security solutions. An increasing number of organizations worldwide are adopting encryption to address their growing concerns of data safety and data privacy compliance regulations. With data protection and compliance becoming a high priority, organizations have started to view encryption as an enabler to achieve compliance, data security and flexibility. In addition to the complex regulations, increasing adoption of new technologies such as mobility, cloud and virtualization have also fuelled the need for encryption more than ever before.
The main purpose of an encryption software is to protect the confidentiality of the data stored in files/folders and disks or data-at-rest; and the data travelling over wireless network or data-in-transit, depending upon the security and compliance requirements of an organization. This is achieved by converting a message or plain text into coded message called the Cipher text so that only the authorized parties can read it. Software-based encryption uses software to encrypt and decrypt data at-rest as well as data-in-transit. Thus, by rendering the data unreadable by unauthorized persons, encryption software ensures the safety and security of the confidential data. Additionally, a number of data privacy legislations mandate the use of encryption or cite encryption as one most appropriate measures of data protection. Thus, the adoption of encryption would continue to grow in response to data protection compliance regulations and the on-going cyber attacks.
The global encryption software market is expected to reach $2.16 billion by 2020, growing at a CAGR (compounded annual growth rate) of CAGR of 14.27% from 2014 to 2020. The global encryption software market has been segmented in this report as per usage, segments, geography and verticals. On the basis of usage, the global encryption software market is categorized into Data-at-rest and Data-in-transit. The Data-at-rest encryption software market is further bifurcated into two key segments; Full Disk Encryption (FDE) and File level encryption (FLE). The global encryption software market stakeholders encompass IT security providers, IT security consultants, venture capitalists, and enterprises across different industry verticals. The global encryption software market in terms of geography covers North America, Europe, APAC and LAMEA. Presently, North America dominates the global encryption software market, followed by Europe. It is expected that the North America would continue to dominate the global encryption software market from 2014 to 2020 owing to the burgeoning number of high profile data breaches, stringent data privacy compliance regulations and the increasing adoption of technologies specifically cloud and mobility.
KEY BENEFITS
KEY MARKET SEGMENTATION
The market is segmented on the basis of usage, vertical and geography.
MARKET BY USAGE
MARKET BY VERTICAL
MARKET BY GEOGRAPHY
North America
Europe
Asia Pacific
LAMEA
TABLE OF CONTENTS
CHAPTER 1 INTRODUCTION
1.1 Report description
1.2 Key benefits
1.3 Key market segmentation
1.4 Research methodology
1.4.1 Secondary research
1.4.2 Primary research
1.4.3 Analyst tools and models
CHAPTER 2 EXECUTIVE SUMMARY:
2.1 Market beyond: what to expect by 2025
2.1.1 Base case scenario
2.1.2 Rapid growth scenario
2.1.3 Critical growth scenario
CHAPTER 3 MARKET OVERVIEW
3.1 Market definition and scope
3.1.1 Encryption overview
3.2 Encryption software
3.2.1 Drivers
3.2.1.1 Increased compliance regulations
3.2.1.2 Growing number and complexity of number of data breaches:
3.2.1.3 Snowden Revelations
3.2.1.4 Increased adoption of cloud and virtualization
3.2.1.5 Increased Mobility
3.2.2 Challenges
3.2.2.1 Management of Encryption Keys: Increased Costs and Complexity
3.2.2.2 Lack of awareness and education
3.2.2.3 Regulatory restrictions on crypto-software:
3.2.3 Trends
3.2.3.1 Increasing deployment of enterprise wide encryption strategy
3.2.3.2 Increasing demand for Cloud data encryption
3.3 Key findings
3.3.1 Top factors impacting the market
3.3.2 Top winning strategies
3.3.3 Top investment pockets
3.4 Porters five force analysis
3.4.1 Bargaining power of supplier
3.4.2 Bargaining power of buyer
3.4.3 Threat of substitute
3.4.4 Threat of new entrants
3.4.5 Competition within the industry
3.5 Market share analysis, 2013
CHAPTER 4 GLOBAL ENCRYPTION SOFTWARE MARKET BY USAGE:
4.1 Introduction
4.2 Data at rest encryption software market
4.2.1 Market size and forecasts by segments
4.2.2 Full disk/whole disk encryption (FDE)
4.2.2.1 Drivers
4.2.2.2 Challenges
4.2.3 File/folder level encryption (FLE) software
4.2.3.1 Drivers
4.2.3.2 Challenges
4.2.4 Market trends
4.2.5 Market size and forecasts by geography
4.2.5.1 North America
4.2.5.1.1 DRIVERS
4.2.5.1.2 CHALLENGES
4.2.5.1.3 TRENDS
4.2.5.1.4 UNITED STATES
4.2.5.1.5 CANADA
4.2.5.1.6 OTHERS
4.2.5.2 Europe
4.2.5.2.1 DRIVERS
4.2.5.2.2 CHALLENGES
4.2.5.2.3 TRENDS
4.2.5.2.4 UNITED KINGDOM
4.2.5.2.5 FRANCE
4.2.5.2.6 GERMANY
4.2.5.2.7 OTHERS
4.2.5.3 APAC
4.2.5.3.1 DRIVERS
4.2.5.3.2 CHALLENGES:
4.2.5.3.3 CHINA
4.2.5.3.4 JAPAN
4.2.5.3.5 INDIA
4.2.5.3.6 AUSTRALIA
4.2.5.3.7 OTHERS
4.2.5.4 LAMEA:
4.2.5.4.1 DRIVERS
4.2.5.4.2 CHALLENGES
4.2.5.4.3 MEXICO
4.2.5.4.4 UAE
4.2.5.4.5 SOUTH AFRICA
4.2.5.4.6 OTHERS
4.2.6 Market size and forecasts by Industry verticals
4.2.6.1 Financial services
4.2.6.1.1 DRIVERS
4.2.6.2 Healthcare
4.2.6.2.1 DRIVERS
4.2.6.3 Public sector (Government & other security agencies)
4.2.6.3.1 DRIVERS:
4.2.6.4 Others
4.2.6.4.1 DRIVERS:
4.3 Data in transit encryption software market (Email Encryption)
4.3.1 Drivers
4.3.2 Challenges
4.3.1 Market size and forecasts by Geography
4.3.2 North America
4.3.2.1 United States
4.3.2.2 Canada
4.3.2.3 Others
4.3.3 Europe
4.3.3.1 United Kingdom
4.3.3.2 France
4.3.3.3 Germany
4.3.3.4 Others
4.3.4 APAC
4.3.4.1 China
4.3.4.2 Japan
4.3.4.3 India
4.3.4.4 Australia
4.3.4.5 Others
4.3.5 LAMEA
4.3.5.1 Mexico
4.3.5.2 UAE
4.3.5.3 South Africa
4.3.5.4 Others
4.3.6 Market size and forecasts by Industry Verticals
4.3.7 Long-term opportunistic Markets for Data in Transit Encryption Software
4.3.7.1 Drivers
4.3.7.2 Challenges
CHAPTER 5 COMPANY PROFILES AND ANALYSIS
5.1 Symantec
5.1.1 Company overview
5.1.2 Company snapshot
5.1.3 Business performance
5.1.4 Strategic moves and developments
5.1.4.1 Organic growth strategies: organizational restructuring & product launches
5.1.4.2 Inorganic growth strategies: Partnerships and Acquisitions
5.1.5 SWOT analysis & strategic conclusions of Symantec
5.2 Sophos
5.2.1 Company overview
5.2.2 Company snapshot
5.2.3 Business performance
5.2.4 Strategic moves and developments
5.2.4.1 Organic growth strategies: Product Launches
5.2.4.2 Inorganic growth Strategies: Partnerships and acqusitions
5.2.5 SWOT analysis & strategic conclusions of Sophos
5.3 McAfee
5.3.1 Company overview
5.3.2 Company snapshot
5.3.3 Business performance
5.3.4 Strategic moves and developments
5.3.4.1 Organic growth strategies: Product Launches
5.3.4.2 Inorganic growth strategies: Partnerships and Acquisitions
5.3.5 SWOT analysis & strategic conclusions
5.4 Check Point Software Technologies
5.4.1 Company overview
5.4.2 Company snapshot
5.4.3 Business performance
5.4.4 Strategic moves and developments
5.4.4.1 Organic growth strategies: Product Launches
5.4.4.2 Inorganic growth strategies: Partnerships and acquisitions
5.4.5 SWOT analysis & strategic conclusions of Checkpoint
5.5 Proofpoint
5.5.1 Company overview
5.5.2 Company snapshot
5.5.3 Business performance
5.5.4 Strategic moves and developments
5.5.4.1 Organic growth strategies: product launches
5.5.4.2 Inorganic strategies: partnerships and acquisitions
5.5.5 SWOT analysis & strategic conclusions of Proofpoint
5.6 Trend Micro
5.6.1 Company overview
5.6.2 Company snapshot
5.6.3 Business performance
5.6.4 Strategic moves and developments
5.6.4.1 Organic growth strategies: organizational restructuring and product launches
5.6.4.2 Inorganic growth strategies: acquisitions and partnerships
5.6.5 SWOT analysis & strategic conclusions of Trend Micro
LIST OF TABLES
TABLE 1 GLOBAL ENCRYPTION SOFTWARE MARKET MODERATE GROWTH SCENARIO, 2020 – 2025 ($ MILLION)
TABLE 2 GLOBAL ENCRYPTION SOFTWARE MARKET RAPID GROWTH SCENARIO, 2020 – 2025 ($ MILLION)
TABLE 3 GLOBAL ENCRYPTION SOFTWARE MARKET RAPID GROWTH SCENARIO, 2020 – 2025 ($ MILLION)
TABLE 4 KEY COMPLIANCE STANDARDS AND REGULATIONS
TABLE 5 REGULATIONS IN OTHER KEY ASIAN REGIONS
TABLE 6 MOST RECENT AND SIGNIFICANT DATA BREACHES OF 2014
TABLE 7 TABLE OF ACQUISITIONS BY DOMINANT PLAYERS
TABLE 8 GLOBAL ENCRYTION SOFTWARE MARKET BY VALUE, 2013 - 2020 ($MILLION)
TABLE 9 GLOBAL ENCRYPTION SOFTWARE MARKET BY INDUSTRY VERTICALS, 2013 - 2020 ($MILLION)
TABLE 10 GLOBAL ENCRYPTION SOFTWARE MARKET BY GEOGRAPHY, 2013 - 2020 ($MILLION)
TABLE 11 GLOBAL DATA-AT-REST ENCRYTION SOFTWARE MARKET BY VALUE, 2013 - 2020 ($MILLION)
TABLE 12 GLOBAL DATA-AT-REST ENCRYPTION SOFTWARE MARKET, BY INDUSTRY VERTICAL, 2013 - 2020 ($MILLION)
TABLE 13 GLOBAL DATA-AT-REST ENCRYPTION SOFTWARE MARKET, BY GEOGRAPHY, 2013 - 2020 ($MILLION)
TABLE 14 GLOBAL DATA-AT-REST ENCRYPTION SOFTWARE MARKET BY SEGMENTS, 2013 - 2020 ($MILLION)
TABLE 15 GLOBAL FDE ENCRYPTION SOFTWARE MARKET BY VALUE, 2013 - 2020 ($MILLION)
TABLE 16 GLOBAL FLE ENCRYPTION SOFTWARE MARKET BY VALUE, 2013 - 2020 ($MILLION)
TABLE 17 NORTH AMERICA DATA-AT-REST ENCRYPTION MARKET BY SEGMENTS, 2013 - 2020 ($MILLION)
TABLE 18 EUROPEAN DATA-AT-REST ENCRYPTION SOFTWARE MARKET BY SEGMENTS, 2013 - 2020 ($MILLION)
TABLE 19 APAC DATA-AT-REST ENCRYPTION SOFTWARE MARKET BY SEGMENTS, 2013 - 2020 ($MILLION)
TABLE 20 LAMEA DATA-AT-REST ENCRYPTION SOFTWARE MARKET BY SEGMENTS, 2013 - 2020 ($MILLION)
TABLE 21 GLOBAL FINANCIAL SERVICES DATA-AT-REST ENCRYPTION SOFTWARE MARKET BY SEGMENTS, 2013 - 2020 ($MILLION)
TABLE 22 GLOBAL HEALTHCARE SECTOR DATA-AT-REST ENCRYPTION SOFTWARE MARKET BY SEGMENTS, 2013 - 2020 ($MILLION)
TABLE 23 GLOBAL PUBLIC SECTOR DATA-AT-REST ENCRYPTION SOFTWARE MARKET BY SEGMENTS, 2013 - 2020 ($MILLION)
TABLE 24 GLOBAL OTHER INDUSTRIES DATA-AT-REST ENCRYPTION SOFTWARE MARKET BY SEGMENTS, 2013 - 2020 ($MILLION)
TABLE 25 GLOBAL DATA-IN-TRANSIT ENCRYPTION SOFTWARE MARKET BY GEOGRAPHY, 2013 - 2020 ($MILLION)
TABLE 26 GLOBAL DATA-IN-TRANSIT ENCRYPTION SOFTWARE MARKET BY INDUSTRY VERTICAL, 2013 - 2020 ($MILLION)
TABLE 27 SYMANTEC BUSINESS SNAPSHOT
TABLE 28 SOPHOS BUSINESS SNAPSHOT
TABLE 29 MCAFEE BUSINESS SNAPSHOT
TABLE 30 CHECK POINT BUSIESS SNAPSHOT
TABLE 31 PROOFPOINT BUSINESS SNAPSHOT
TABLE 32 TREND MICRO BUSINESS SNAPSHOT
LIST OF FIGURES
FIG. 1 TOP IMPACTING FACTORS, BASE CASE SCENARIO (2020-2025)
FIG. 2 TOP IMPACTING FACTORS,RAPID CASE SCENARIO (2020-2025)
FIG. 3 TOP IMPACTING FACTORS, CRITICALCASE SCENARIO (2020-2025)
FIG. 1 TOP IMPACTING FACTORS
FIG. 2 TOP WINNING STRATEGIES IN ENCRYPTION SOFTWARE MARKET
FIG. 3 TOP INVESTMENT POCKETS
FIG. 4 PORTERS FIVE FORCE ANALYSIS
FIG. 5 MARKET SHARE ANALYSIS, 2013
FIG. 6 MARKET SHARE ANALYSIS OF THE ENCRYPTON SOFTWARE MARKET SIZE BY INDUSTRY VERTICAL, 2013 & 2020
FIG. 7 MARKET SHARE ANALYSIS OF THE ENCRYPTON SOFTWARE MARKET SIZE BY INDUSTRY VERTICAL, 2013 & 2020
FIG. 8 MARKET SHARE ANALYSIS OF THE ENCRYPTON SOFTWARE MARKET SIZE BY USAGE, 2013 & 2020
FIG. 9 MARKET SHARE ANALYSIS OF DATA-AT-REST ENCRYPTON SOFTWARE MARKET SIZE BY USAGE, 2013 & 2020
FIG. 10 REVENUE GENERATED BY SYMANTEC., 2012 - 2014, ($ MILLION)
FIG. 11 SYMANTEC FINANCIAL REVENUES (2014), BY OPERATING SEGMENT (%)
FIG. 12 SYMANTEC FINANCIAL REVENUES (2014), BY GEOGRAPHIC REGIONS (%)
FIG. 13 SWOT ANALYSIS OF SYMANTEC
FIG. 14 REVENUE GENERATED BY SOPHOS, 2012 - 2014, $ MILLION
FIG. 15 FINANCIAL REVENUES (2014), BY GEOGRAPHIC REGIONS
FIG. 16 SWOT ANALYSIS OF SOPHOS
FIG. 17 REVENUE GENERATED BY INTEL’S SSG (MCAFEE) SEGMENT, 2011 - 2013, $ MILLION
FIG. 18 SWOT ANALYSIS OF MCAFEE
FIG. 19 REVENUE GENERATED BY CHECK POINT SOFTWARE TECHNOLOGIES, 2011 - 2013, $ MILLION
FIG. 20 FINANCIAL REVENUES 2013, BY GEOGRAPHY
FIG. 21 SWOT ANALYSIS OF CHECK POINT SOFTWARE
FIG. 22 REVENUE GENERATED BY PROOFPOINT, 2011 - 2013, $ MILLION
FIG. 23 FINANCIAL REVENUES (2013), BY SEGMENTS
FIG. 24 FINANCIAL REVENUES (2013), BY GEOGRAPHIC AREA
FIG. 25 SWOT ANALYSIS OF PROOFPOINT
FIG. 26 REVENUE GENERATED BY TREND MICRO, (2011 - 2013 ), $ MILLION
FIG. 27 FINANCIAL REVENUES (2013), BY GEOGRAPHIC REGIONS
FIG. 28 SWOT ANALYSIS OF TREND MICRO
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