Summary
The global Cloud Encryption Service Market is expected to witness a CAGR of xx% over the forecast period 2020-2026 and is expected to reach US$ xx million in 2026, from US$ xx million in 2019.
Cloud encryption is the procedure of transforming or encoding data into an unreadable form before it is transferred into cloud storage. Encryption generally uses advanced mathematical algorithms to convert unreadable material, be it a file, text, video, audio or web-based application into an unreadable form (ciphertext) which can hide it from malicious and unauthorized users. Cloud-based computing involves the use of servers to store client resources such as software, server scripts and data. The use of cloud services comes with a range of advantages; such as easy management, cost effectiveness, flexibility, on-demand provisioning, ability to scale up and off-load resources, no licensing fees required, no additional hardware required, no management costs and no maintenance costs. In short, cloud based application development makes the provision of applications really easy.
Cloud encryption offers a wide range of benefits such as reduced cost and time for deployment, flexible and elasticity in usage policies, no upfront costs, no maintenance costs and no IT costs.
Market Dynamics
Launch of secure cloud technologies program is expected to propel growth of the global cloud encryption service market over the forecast period. For instance, in April 2021, Cryptography Research Centre of Abu Dhabi’s Advanced Technology Research Council launched the UAE’s first secure cloud technologies program that is aimed at boosting advanced technologies that enhance data privacy and cloud encryption schemes.
Moreover, increasing adoption of smartphones is also expected to aid in growth of the market. For instance, according to Pew Research Center, as of February 2019, 81% of U.S. adults used smartphones compared to 77% in October 2018.
Increasing adoption of internet is expected to offer lucrative growth opportunities for players in the global cloud encryption service market. For instance, according to China government-backed Market Intelligence & Consulting Institute and reported by China Internet Watch, internet penetration in China reached 61.2 percent in the first half of 2019, with 854 million internet users at the end of June 2019.
Key Takeaways
- Launch of secure cloud technologies program is expected to propel growth of the global cloud encryption service market over the forecast period
- Major players operating in the global cloud encryption service market are focused on launching new products and versions to enhance their market share. For instance, in October 2020, Beachhead Solutions released SimplySecure 6.7, the newest version of Beachhead’s cloud-managed platform.
- Major players operating in the global cloud encryption service market include, Thales e-Security, Gemalto N.V., Beachhead Solutions, Sophos Group plc, Symantec Corporation, and Skyhigh Networks
The Cloud Encryption Service Market report highlights product development and growth strategies such as merger and acquisition adopted by market players along with SWOT Analysis, PEST and Porter’s Five Forces analyses of the Cloud Encryption Service Market, which highlight the strengths, weaknesses, opportunities, and commination of key companies. Moreover, the report offers two distinct market forecasts, one from the perspective of the producer and another from that of the consumer.
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers.
The Key Manufacturers covered in this Report:-
- Thales e-Security (La Defense, France)
- Gemalto N.V. (Amsterdam, Netherlands)
- Sophos Group plc (Abingdon, UK)
- Symantec Corporation (California, US)
- Skyhigh Networks (California, US)
- ...
By the Product Type, the market is primarily segmented into:
- Support and Maintenance
- Training and Education
- Planning and Consulting
- Managed Service
By Applications, the market is segmented into:
- Healthcare
- Government and Public Utilities
- Telecom and IT
- Retail
- Aerospace and Defense
- Others
The Report covers the following Regions:
- North America
- United States
- Canada
- Mexico
- Asia Pacific
- China
- Japan
- South Korea
- India
- Australia
- Indonesia
- Thailand
- Malaysia
- Philippines
- Vietnam
- Europe
- Germany
- France
- UK
- Italy
- Russia
- Central & South America
- Middle East & Africa
- Turkey
- GCC Countries
- Egypt
- South Africa
Objective of the Cloud Encryption Service Market Report:
- To assess the size of the market by value and volume
- Analyze the Cloud Encryption Service Market in terms of regions and major countries
- Highlight recent developments and trends in the market
- Offer perceptive data regarding major market players in terms of key developments, strategies, and product portfolio
- Determine share of the Cloud Encryption Service Market in terms of various segments such as by product type, application, and end-user
- Offer accurate projection of the market for the forecast period using state-of –the-art tools and the current primary and secondary research approaches
- Discuss major factors that impact growth of the Cloud Encryption Service Market
The Cloud Encryption Service Market engages the readers with all pivotal approaches to understand their position in the industry based on revenue or sales growth. The report efficiently evaluates the Cloud Encryption Service Market from various dimensions to deliver an end-product that is informative, elaborate, and accurate and includes detailed market segmentation, regional analysis, and competition in the market. The information in the report is backed by annual company reports, financial reports, press releases, regulatory databases, government documents, and statistical databases.
For the data information by region, company, type and application, 2019 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Key Stakeholders:
- Material suppliers/wholesalers
- Market Distributors/traders
- Regulatory bodies
- Research organizations, and consulting firms
- Commercial research & developments (R&D)
- Trade associations and industry bodies
- Importers and exporters
- End-use industries
Available Customizations:
Custom research is one of the most crucial components of the business strategy that helps an organization gain insight into specific business sector, aligned with its specific area of interest. Thus, SMI offers more accurate, pragmatic, and actionable information specifically tailored to suit your business needs.
Table of Contents
Cloud Encryption Service Market Report by Company, Regions, Types and Applications, Global Status and Forecast to 2025
1 Industry Overview of Cloud Encryption Service
1.1 Cloud Encryption Service Market Overview
1.1.1 Cloud Encryption Service Product Scope
1.1.2 Market Status and Outlook
1.2 Global Cloud Encryption Service Market Size and Analysis by Regions
1.2.1 North America
1.2.2 Europe
1.2.3 China
1.2.4 Rest of Asia Pacific
1.2.5 Central & South America
1.2.6 Middle East & Africa
1.3 Cloud Encryption Service Market by Type
1.3.1 Global Cloud Encryption Service Revenue (Million US$) and Growth Comparison by Type (2014-2025)
1.3.2 Global Cloud Encryption Service Revenue Market Share by Type in 2018
1.3.3 Support and Maintenance
1.3.4 Training and Education
1.3.5 Planning and Consulting
1.3.6 Managed Service
1.4 Cloud Encryption Service Market by End Users/Application
1.4.1 Healthcare
1.4.2 Government and Public Utilities
1.4.3 Telecom and IT
1.4.4 Retail
1.4.5 Aerospace and Defense
1.4.6 Others
2 Global Cloud Encryption Service Competition Analysis by Players
2.1 Global Cloud Encryption Service Market Size (Million US$) by Players (2014-2019)
2.2 Competitive Status
2.2.1 Market Concentration Rate
2.2.2 Product/Service Differences
2.2.3 Mergers & Acquisitions, Expansion Plans
3 Company (Top Players) Profiles and Key Data
3.1 Thales e-Security (La Defense, France)
3.1.1 Company Profile
3.1.2 Main Business/Business Overview
3.1.3 Products, Services and Solutions
3.1.4 Cloud Encryption Service Revenue (Value) (2014-2019)
3.1.5 Recent Developments
3.2 Gemalto N.V. (Amsterdam, Netherlands)
3.2.1 Company Profile
3.2.2 Main Business/Business Overview
3.2.3 Products, Services and Solutions
3.2.4 Cloud Encryption Service Revenue (Value) (2014-2019)
3.2.5 Recent Developments
3.3 Sophos Group plc (Abingdon, UK)
3.3.1 Company Profile
3.3.2 Main Business/Business Overview
3.3.3 Products, Services and Solutions
3.3.4 Cloud Encryption Service Revenue (Value) (2014-2019)
3.3.5 Recent Developments
3.4 Symantec Corporation (California, US)
3.4.1 Company Profile
3.4.2 Main Business/Business Overview
3.4.3 Products, Services and Solutions
3.4.4 Cloud Encryption Service Revenue (Value) (2014-2019)
3.4.5 Recent Developments
3.5 Skyhigh Networks (California, US)
3.5.1 Company Profile
3.5.2 Main Business/Business Overview
3.5.3 Products, Services and Solutions
3.5.4 Cloud Encryption Service Revenue (Value) (2014-2019)
3.5.5 Recent Developments
...
4 Global Cloud Encryption Service Market Size by Type and Application (2014-2019)
4.1 Global Cloud Encryption Service Market Size by Type (2014-2019)
4.2 Global Cloud Encryption Service Market Size by Application (2014-2019)
4.3 Potential Application of Cloud Encryption Service in Future
4.4 Top Consumer/End Users of Cloud Encryption Service
5 North America Cloud Encryption Service Development Status and Outlook
5.1 North America Cloud Encryption Service Market Size (2014-2019)
5.2 North America Cloud Encryption Service Market Size and Market Share by Players (2014-2019)
5.3 North America Cloud Encryption Service Market Size by Application (2014-2019)
6 Europe Cloud Encryption Service Development Status and Outlook
6.1 Europe Cloud Encryption Service Market Size (2014-2019)
6.2 Europe Cloud Encryption Service Market Size and Market Share by Players (2014-2019)
6.3 Europe Cloud Encryption Service Market Size by Application (2014-2019)
7 China Cloud Encryption Service Development Status and Outlook
7.1 China Cloud Encryption Service Market Size (2014-2019)
7.2 China Cloud Encryption Service Market Size and Market Share by Players (2014-2019)
7.3 China Cloud Encryption Service Market Size by Application (2014-2019)
8 Rest of Asia Pacific Cloud Encryption Service Development Status and Outlook
8.1 Rest of Asia Pacific Cloud Encryption Service Market Size (2014-2019)
8.2 Rest of Asia Pacific Cloud Encryption Service Market Size and Market Share by Players (2014-2019)
8.3 Rest of Asia Pacific Cloud Encryption Service Market Size by Application (2014-2019)
9 Central & South America Cloud Encryption Service Development Status and Outlook
9.1 Central & South America Cloud Encryption Service Market Size (2014-2019)
9.2 Central & South America Cloud Encryption Service Market Size and Market Share by Players (2014-2019)
9.3 Central & South America Cloud Encryption Service Market Size by Application (2014-2019)
10 Middle East & Africa Cloud Encryption Service Development Status and Outlook
10.1 Middle East & Africa Cloud Encryption Service Market Size (2014-2019)
10.2 Middle East & Africa Cloud Encryption Service Market Size and Market Share by Players (2014-2019)
10.3 Middle East & Africa Cloud Encryption Service Market Size by Application (2014-2019)
11 Market Forecast by Regions and Application (2019-2025)
11.1 Global Cloud Encryption Service Market Size by Regions (2019-2025)
11.1.1 North America Cloud Encryption Service Revenue and Growth Rate (2019-2025)
11.1.2 Europe Cloud Encryption Service Revenue and Growth Rate (2019-2025)
11.1.3 China Cloud Encryption Service Revenue and Growth Rate (2019-2025)
11.1.4 Rest of Asia Pacific Cloud Encryption Service Revenue and Growth Rate (2019-2025)
11.1.5 Central & South America Cloud Encryption Service Revenue and Growth Rate (2019-2025)
11.1.6 Middle East & Africa Cloud Encryption Service Revenue and Growth Rate (2019-2025)
11.2 Global Cloud Encryption Service Market Size by Application (2019-2025)
11.3 The Market Drivers in Future
12 Cloud Encryption Service Market Dynamics
12.1 Industry Trends
12.2 Market Drivers
12.3 Market Challenges
12.4 Porters Five Forces Analysis
13 Research Finding /Conclusion
14 Methodology and Data Source
14.1 Methodology/Research Approach
14.1.1 Research Programs/Design
14.1.2 Market Size Estimation
14.1.3 Market Breakdown and Data Triangulation
14.2 Data Source
14.2.1 Secondary Sources
14.2.2 Primary Sources
14.3 Disclaimer
14.4 Author List
List of Table
List of Tables and Figures
Figure Global Cloud Encryption Service Market Size (Million USD) Status and Outlook (2014-2025)
Table Global Cloud Encryption Service Market Size (Million USD) and Growth Rate by Regions (2014-2025)
Figure Global Cloud Encryption Service Market Share by Regions (2014-2019)
Figure North America Cloud Encryption Service Market Size (Million USD) and Growth Rate (2014-2019)
Figure Europe Cloud Encryption Service Market Size (Million USD) and Growth Rate (2014-2019)
Figure China Cloud Encryption Service Market Size (Million USD) and Growth Rate (2014-2019)
Figure Rest of Asia Pacific Cloud Encryption Service Market Size (Million USD) and Growth Rate (2014-2019)
Figure Central & South America Cloud Encryption Service Market Size (Million USD) and Growth Rate (2014-2019)
Figure Middle East & Africa Cloud Encryption Service Market Size (Million USD) and Growth Rate (2014-2019)
Figure Global Cloud Encryption Service Market Share by Type in 2018 & 2025
Figure Support and Maintenance Market Size (Million USD) and Growth Rate (2014-2019)
Figure Training and Education Market Size (Million USD) and Growth Rate (2014-2019)
Figure Planning and Consulting Market Size (Million USD) and Growth Rate (2014-2019)
Figure Managed Service Market Size (Million USD) and Growth Rate (2014-2019)
Table Global Cloud Encryption Service Market Size (Million US$) Comparison by Application (2014-2025)
Figure Global Cloud Encryption Service Market Share by Application in 2018 & 2025
Figure Cloud Encryption Service Market Size (Million USD) and Growth Rate in Healthcare (2014-2019)
Figure Cloud Encryption Service Market Size (Million USD) and Growth Rate in Government and Public Utilities (2014-2019)
Figure Cloud Encryption Service Market Size (Million USD) and Growth Rate in Telecom and IT (2014-2019)
Figure Cloud Encryption Service Market Size (Million USD) and Growth Rate in Retail (2014-2019)
Figure Cloud Encryption Service Market Size (Million USD) and Growth Rate in Aerospace and Defense (2014-2019)
Figure Cloud Encryption Service Market Size (Million USD) and Growth Rate in Others (2014-2019)
Table Global Cloud Encryption Service Revenue (Million US$) by Players (2014-2019)
Table Global Cloud Encryption Service Revenue Market Share by Players (2014-2019)
Eigure Cloud Encryption Service Market Size Share by Players in 2018
Table Global Cloud Encryption Service Manufacturers Market Concentration Ratio (CR5 and HHI)
Figure Global Top 5 Players Cloud Encryption Service Market Share in 2018
Figure Global Top 10 Players Cloud Encryption Service Market Share in 2018
Table Cloud Encryption Service Key Players Product/Service
Table Mergers & Acquisitions, Expansion Plans
Table Thales e-Security (La Defense, France) Basic Information List
Table Thales e-Security (La Defense, France) Description and Business Overview
Table Thales e-Security (La Defense, France) Cloud Encryption Service Products, Services and Solutions
Table Revenue (Million US$) in Cloud Encryption Service Business of Thales e-Security (La Defense, France) (2014-2019)
Table Thales e-Security (La Defense, France) Cloud Encryption Service Recent Developments
Table Gemalto N.V. (Amsterdam, Netherlands) Basic Information List
Table Gemalto N.V. (Amsterdam, Netherlands) Description and Business Overview
Table Gemalto N.V. (Amsterdam, Netherlands) Cloud Encryption Service Products, Services and Solutions
Table Revenue (Million US$) in Cloud Encryption Service Business of Gemalto N.V. (Amsterdam, Netherlands) (2014-2019)
Table Gemalto N.V. (Amsterdam, Netherlands) Cloud Encryption Service Recent Developments
Table Sophos Group plc (Abingdon, UK) Basic Information List
Table Sophos Group plc (Abingdon, UK) Description and Business Overview
Table Sophos Group plc (Abingdon, UK) Cloud Encryption Service Products, Services and Solutions
Table Revenue (Million US$) in Cloud Encryption Service Business of Sophos Group plc (Abingdon, UK) (2014-2019)
Table Sophos Group plc (Abingdon, UK) Cloud Encryption Service Recent Developments
Table Symantec Corporation (California, US) Basic Information List
Table Symantec Corporation (California, US) Description and Business Overview
Table Symantec Corporation (California, US) Cloud Encryption Service Products, Services and Solutions
Table Revenue (Million US$) in Cloud Encryption Service Business of Symantec Corporation (California, US) (2014-2019)
Table Symantec Corporation (California, US) Cloud Encryption Service Recent Developments
Table Skyhigh Networks (California, US) Basic Information List
Table Skyhigh Networks (California, US) Description and Business Overview
Table Skyhigh Networks (California, US) Cloud Encryption Service Products, Services and Solutions
Table Revenue (Million US$) in Cloud Encryption Service Business of Skyhigh Networks (California, US) (2014-2019)
Table Skyhigh Networks (California, US) Cloud Encryption Service Recent Developments
Table Global Cloud Encryption Service Market Size by Type (2014-2019) (Million US$)
Figure Global Cloud Encryption Service Revenue Market Share by Type in 2018
Table Global Cloud Encryption Service Market Size by Application (2014-2019) (Million US$)
Figure Global Cloud Encryption Service Revenue Market by Application in 2018
Table Top Consumer/End Users of Cloud Encryption Service
Figure North America Cloud Encryption Service Market Size and Growth Rate(2014-2019) (Million USD)
Table North America Cloud Encryption Service Market Size by Players (2014-2019)(Million US$)
Figure North America Cloud Encryption Service Market Size Share by Players in 2018
Table North America Cloud Encryption Service Market Size by Application (2014-2019) (Million US$)
Figure North America Cloud Encryption Service Revenue Market Share by Application (2014-2019)
Figure North America Cloud Encryption Service Market Size Share by Application in 2018
Figure Europe Cloud Encryption Service Market Size and Growth Rate(2014-2019) (Million USD)
Table Europe Cloud Encryption Service Market Size by Players (2014-2019)(Million US$)
Figure Europe Cloud Encryption Service Market Size Share by Players in 2018
Table Europe Cloud Encryption Service Market Size by Application (2014-2019) (Million US$)
Figure Europe Cloud Encryption Service Revenue Market Share by Application (2014-2019)
Figure Europe Cloud Encryption Service Market Size Share by Application in 2018
Figure China Cloud Encryption Service Market Size and Growth Rate(2014-2019) (Million USD)
Table China Cloud Encryption Service Market Size by Players (2014-2019)(Million US$)
Figure China Cloud Encryption Service Market Size Share by Players in 2018
Table China Cloud Encryption Service Market Size by Application (2014-2019) (Million US$)
Figure China Cloud Encryption Service Revenue Market Share by Application (2014-2019)
Figure China Cloud Encryption Service Market Size Share by Application in 2018
Figure Rest of Asia Pacific Cloud Encryption Service Market Size and Growth Rate(2014-2019) (Million USD)
Table Rest of Asia Pacific Cloud Encryption Service Market Size by Players (2014-2019)(Million US$)
Figure Rest of Asia Pacific Cloud Encryption Service Market Size Share by Players in 2018
Table Rest of Asia Pacific Cloud Encryption Service Market Size by Application (2014-2019) (Million US$)
Figure Rest of Asia Pacific Cloud Encryption Service Revenue Market Share by Application (2014-2019)
Figure Rest of Asia Pacific Cloud Encryption Service Market Size Share by Application in 2018
Figure Central & South America Cloud Encryption Service Market Size and Growth Rate(2014-2019) (Million USD)
Table Central & South America Cloud Encryption Service Market Size by Players (2014-2019)(Million US$)
Figure Central & South America Cloud Encryption Service Market Size Share by Players in 2018
Table Central & South America Cloud Encryption Service Market Size by Application (2014-2019) (Million US$)
Figure Central & South America Cloud Encryption Service Revenue Market Share by Application (2014-2019)
Figure Central & South America Cloud Encryption Service Market Size Share by Application in 2018
Figure Middle East & Africa Cloud Encryption Service Market Size and Growth Rate(2014-2019) (Million USD)
Table Middle East & Africa Cloud Encryption Service Market Size by Players (2014-2019)(Million US$)
Figure Middle East & Africa Cloud Encryption Service Market Size Share by Players in 2018
Table Middle East & Africa Cloud Encryption Service Market Size by Application (2014-2019) (Million US$)
Figure Middle East & Africa Cloud Encryption Service Revenue Market Share by Application (2014-2019)
Figure Middle East & Africa Cloud Encryption Service Market Size Share by Application in 2018
Figure Global Cloud Encryption Service Market Size and Growth Rate (Value) (2019-2025) (Million US$)
Table Global Cloud Encryption Service Market Size by Regions (2019-2025) (Million US$)
Figure Global Cloud Encryption Service Market Size Share by Regions (2019-2025)
Figure Global Cloud Encryption Service Market Size Share by Regions in 2025
Figure North America Cloud Encryption Service Revenue (Million USD) and Growth Rate (2019-2025)
Figure Europe Cloud Encryption Service Revenue (Million USD) and Growth Rate (2019-2025)
Figure China Cloud Encryption Service Revenue (Million USD) and Growth Rate (2019-2025)
Figure Rest of Asia Pacific Cloud Encryption Service Revenue (Million USD) and Growth Rate (2019-2025)
Figure Central & South America Cloud Encryption Service Revenue (Million USD) and Growth Rate (2019-2025)
Figure Middle East & Africa Cloud Encryption Service Revenue (Million USD) and Growth Rate (2019-2025)
Table Global Cloud Encryption Service Market Size by Application (2019-2025) (Million USD)
Figure Global Cloud Encryption Service Market Size by Application (2019-2025)
Figure Global Cloud Encryption Service Market Size by Application in 2025
Table Global Cloud Encryption Service Market Size by Type (2019-2025) (Million US$)
Figure Global Cloud Encryption Service Market Size by Type (2019-2025)
Figure Global Cloud Encryption Service Market Size by Type in 2025
Table Market Top Trends
Table Key Drivers: Impact Analysis (2019-2025)
Table Key Challenges
Figure Porter's Five Forces Analysis
Table Research Programs/Design for This Report
Figure Bottom-up and Top-down Approaches for This Report
Figure Data Triangulation
Table Key Data Information from Secondary Sources
Table Key Data Information from Primary Sources
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