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About Mobile Distribution Solutions


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Encryption Software Market 2018 – Global Industry Size, Industry Share Zay Jones , Market Trends, Growth and Forecast to 2026

by charliegefen · February 20, 2019


The global encryption software market is expected to witness robust growth, expanding at a CAGR of 15.3% during the forecast period from 2018 to 2026. The projected growth is largely credited to rising concerns with respect to the data security. Encryption is a process used to make data secure so that the probability of it being intercepted by an unauthorized person becomes minimal. In a bid to improve data security and boost business proficiency Tre'Davious White , encryption solutions are witnessing incremental adoption among business organizations across different industry verticals.


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Encryption software also facilitates protection of confidential information stored in a database and data in transit according to the security and compliance requirements of an organization. Large number of business organizations worldwide are embracing encryption solutions for addressing the growing concerns related with the data privacy and to abide data safety compliance regulations.


Encryption software empowers organizations to enhance the security of their archived and backup data that resides on their storage systems. Compliance regulations coupled with proliferation of publicized data loss is driving the need for customers to encrypt their data-at-transit and data-at-rest. Additionally, increasing amount of cyber-attacks and consequent demand for advanced security solutions to safeguard confidential data is other major factor augmenting the growth of encryption software market.


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With continual surge in the number of data thefts, breaches, and increased penetration of mobile devices Tremaine Edmunds , end-point security has become one of the key considerations for business organizations worldwide. Increasing use of mobile technology has enhanced the ado