Market by Component, Deployment Mode, Enterprise Type, Encryption Type, and Regional Outlook | Forecast 2022-2028
Encryption refers to securing digital data using one or more
mathematical techniques, which can be decrypted using a password or key. The
encryption process translates information using an algorithm that
makes the original information unreadable. Bank-level encryption is the term
used to refer to security measures undertaken by financial institutes to
protect customers’ assets. Electronic banking has transformed operations in
banks significantly. In this regard, security and privacy are the crucial
expected features in online banking.
As per Triton Market Research’s report, the Global Bank Encryption Software Market was valued at $11.83 billion in 2021 and is expected to reach $29.50 billion by 2028, growing at a CAGR of 14.11% during the forecast period 2022-2028.
Click here to check out our blog on the Global Bank Encryption Software Market
MARKET PERFORMANCE – DRIVERS,
CHALLENGES, AND TRENDS
Growing
cyberattacks on banks and financial institutions, a surge in demand for data
security technology, and increasing data proliferation are the key drivers
supporting the bank encryption software market. According to an industry assessment, the
frequency of ransomware assaults has surged considerably since 2020, with 93%
more attacks in the first half of 2021 than in the same period the previous
year. The rising trend of triple extortion ransomware, wherein hackers attempt
to steal dedicated and sensitive data from organizations and threaten to
release it publicly unless a payment is made, has highlighted the demand for
encryption software. Besides, the rising cyberattacks on the banking industry
have increased the demand for security and data recovery technologies. In this
regard, prevention and recovery are the main functions of encryption software
ideal for meeting the rising security demand.
Lack
of awareness regarding encryption software, implementation challenges, and
compromised software integrity in encrypted data security are the main
challenges that impact the bank encryption software market. To hide confidential information, encryption uses
intricate and sophisticated mathematical procedures. Numerous types of
algorithms are used for hashing or decoding the data. Furthermore, if a
database is intended to accommodate a large number of requests, it will shut
down resources, particularly the CPU, straining the system’s processor.
Although public cloud products are acceptable in modern computing systems, they
are not powerful since they are open-sourced.
In addition, the rise of fintech organizations in the mainstream banking and financial sector has given importance to encryption software for data security. Fintech, a term used for financial technology, is regarded as a recent term; however, the use of technology to assist financial services is not a new concept. Fintech’s popularity has soared over the past few years, beginning in 2017. BFSI has been influenced by fintech applications such as loan underwriting, fraud detection and prevention, portfolio management (robotic advisors), robotic process automation (RPA), digital payments, regtech, and insurtech.
KEY GEOGRAPHIES COVERED:
• North America:
United States and Canada
• Europe: United
Kingdom, France, Germany, Spain, Italy, and Rest of Europe
• Asia-Pacific:
China, Japan, India, Australia, South Korea, ASEAN Countries, and Rest of
Asia-Pacific
• Latin America:
Brazil, Mexico, and Rest of Latin America
• Middle East and Africa: Saudi Arabia, Turkey, United Arab Emirates, South Africa, and Rest of
Middle East & Africa
SEGMENTATION ANALYSIS – BANK
ENCRYPTION SOFTWARE MARKET:
• Market by Component:
o Software
o Services
Software leads the market in terms of revenue. A regulated framework is required for
encryption software to function well in the financial sector. Regulatory requirements
compel banks to encrypt any sensitive data stored off-site, whether physically
or digitally. The algorithm’s strength, the appropriateness of the encryption
system, and the length of the key determine the efficiency of encryption
technology.
• Market by Deployment Mode:
o On-Premise
o Cloud
• Market by Enterprise Type:
o Large Enterprises
o Small & Medium Enterprises
Small & Medium Enterprises are estimated to
progress with the highest CAGR during the forecast period. Encryption supports various types of economic
activities. The SME industry is among the major sectors hit by the intensified
outlooks of consumers to access information. With various transactions anywhere
and anytime via electronic devices, the sector requires high-level security to
safeguard confidential consumer information.
• Market by Encryption Type:
o Disk Encryption
o Communication Encryption
o File/Folder Encryption
o Cloud Encryption
COMPETITIVE LANDSCAPE:
The bank encryption software market by company profile helps dive into
data about the key players in this industry. The strategic initiatives for each
of the companies considered have been covered in detail.
Acquisition (November 2021):
IBM and ReaQta
IBM announced the acquisition of endpoint security firm ReaQta, allowing
it to expand in the extended detection and response (XDR) sector. ReaQta’s
technologies, according to IBM, employ AI to automatically identify and manage
threats while remaining undetectable to hackers.
Partnership (June 2021):
Protegrity Pvt Ltd and Exasol
Exasol, a high-performance analytics database, and Protegrity
established a strategic relationship to enable enterprises to execute analytics
on sensitive and confidential data in a secure and scalable manner. Protegrity
connector with Exasol’s in-memory MPP engine enables customers to detect,
safeguard, and analyze sensitive data faster.
Key Benefits of the Report:
â—Ź Triton Market Research has a collective experience of 25-30 years
in the industry, with its analysts and experts encompassing the most infallible
research methodology for its market intelligence and industry analysis.
â—Ź
Our research methodology helps in achieving a broader consensus of
the market size, shape, and industry trends within each industry segment.
â—Ź The strategy adopted in designing the research methodology
includes the amalgamation of the information assembled from primary and
secondary sources, with the assistance of analytical tools to construct the
forecast and predictive models.
â—Ź The scope of the market report comprises the current scenario of
the global bank encryption software market, along with a detailed overview of
the industry outlook, market dynamics, segmentation analysis, regional outlook,
and competitive landscape for the period 2022-2028.
FAQs:
Q 1) What is encryption
software?
Encryption software refers to a system that employs cryptography to
prevent unauthorized access to digital information.
Q 2) Which is the largest
market for bank encryption software in terms of the region?
North America hosts the largest market for bank encryption software.
Q 3) Which is the
fastest-growing segment in the bank encryption software market?
Cloud Encryption by function is the fastest-growing segment in the bank
encryption software market.
Market by Technology (Data ana ..
VIEW REPORT1. GLOBAL
BANK ENCRYPTION SOFTWARE MARKET - SUMMARY
2. INDUSTRY
OUTLOOK
2.1. IMPACT
OF COVID-19 ON BANK ENCRYPTION SOFTWARE MARKET
2.2. KEY
INSIGHTS
2.2.1. RISE
OF FINTECH ORGANIZATIONS IN MAINSTREAM BANKING AND THE FINANCIAL SECTOR
2.2.2. EMERGENCE
OF SOFTWARE SECURITY INFRASTRUCTURE
2.3. PORTER’S
FIVE FORCES ANALYSIS
2.3.1. THREAT
OF NEW ENTRANTS
2.3.2. THREAT
OF SUBSTITUTES
2.3.3. BARGAINING
POWER OF BUYERS
2.3.4. BARGAINING
POWER OF SUPPLIERS
2.3.5. THREAT
OF COMPETITIVE RIVALRY
2.4. KEY
IMPACT ANALYSIS
2.4.1. RELIABILITY
2.4.2. APPLICATION
2.4.3. SUPERIOR
TECHNOLOGY
2.5. MARKET
ATTRACTIVENESS INDEX
2.6. VENDOR
SCORECARD
2.7. INDUSTRY
COMPONENTS
2.8. REGULATORY
FRAMEWORK
2.9. KEY
MARKET STRATEGIES
2.9.1. ACQUISITIONS
2.9.2. PRODUCT
LAUNCHES
2.9.3. AGREEMENTS
2.9.4. BUSINESS
EXPANSIONS
2.10. MARKET
DRIVERS
2.10.1. GROWING
CYBERATTACKS ON BANKS AND FINANCIAL INSTITUTIONS
2.10.2. SURGE
IN DEMAND FOR DATA SECURITY TECHNOLOGY
2.10.3. INCREASING
DATA PROLIFERATION
2.11. MARKET
CHALLENGES
2.11.1. LACK
OF AWARENESS REGARDING ENCRYPTION SOFTWARE
2.11.2. IMPLEMENTATION
CHALLENGES
2.11.3. COMPROMISED
SOFTWARE INTEGRITY IN ENCRYPTED DATA SECURITY
2.12. MARKET
OPPORTUNITIES
2.12.1. PENETRATION
OF BANKING SOFTWARE GLOBALLY
2.12.2. RISING
USE OF DIGITAL PAYMENT TECHNOLOGY
2.12.3. INCREASED
ACCEPTANCE OF MOBILE PAYMENT SERVICES
3. GLOBAL
BANK ENCRYPTION SOFTWARE MARKET OUTLOOK - BY COMPONENT
3.1. SOFTWARE
3.2. SERVICES
4. GLOBAL
BANK ENCRYPTION SOFTWARE MARKET OUTLOOK - BY DEPLOYMENT MODE
4.1. ON-PREMISE
4.2. CLOUD
5. GLOBAL
BANK ENCRYPTION SOFTWARE MARKET OUTLOOK - BY ENTERPRISE TYPE
5.1. LARGE
ENTERPRISES
5.2. SMALL
& MEDIUM ENTERPRISES
6. GLOBAL
BANK ENCRYPTION SOFTWARE MARKET OUTLOOK - BY ENCRYPTION TYPE
6.1. DISK
ENCRYPTION
6.2. COMMUNICATION
ENCRYPTION
6.3. FILE/FOLDER
ENCRYPTION
6.4. CLOUD
ENCRYPTION
7. GLOBAL
BANK ENCRYPTION SOFTWARE MARKET – REGIONAL OUTLOOK
7.1. NORTH
AMERICA
7.1.1. MARKET
BY COMPONENT
7.1.2. MARKET
BY DEPLOYMENT MODE
7.1.3. MARKET
BY ENTERPRISE TYPE
7.1.4. MARKET
BY ENCRYPTION TYPE
7.1.5. COUNTRY
ANALYSIS
7.1.5.1. UNITED
STATES
7.1.5.2. CANADA
7.2. EUROPE
7.2.1. MARKET
BY COMPONENT
7.2.2. MARKET
BY DEPLOYMENT MODE
7.2.3. MARKET
BY ENTERPRISE TYPE
7.2.4. MARKET
BY ENCRYPTION TYPE
7.2.5. COUNTRY
ANALYSIS
7.2.5.1. UNITED
KINGDOM
7.2.5.2. GERMANY
7.2.5.3. FRANCE
7.2.5.4. SPAIN
7.2.5.5. ITALY
7.2.5.6. REST
OF EUROPE
7.3. ASIA-PACIFIC
7.3.1. MARKET
BY COMPONENT
7.3.2. MARKET
BY DEPLOYMENT MODE
7.3.3. MARKET
BY ENTERPRISE TYPE
7.3.4. MARKET
BY ENCRYPTION TYPE
7.3.5. COUNTRY
ANALYSIS
7.3.5.1. CHINA
7.3.5.2. JAPAN
7.3.5.3. INDIA
7.3.5.4. SOUTH
KOREA
7.3.5.5. ASEAN
COUNTRIES
7.3.5.6. AUSTRALIA
& NEW ZEALAND
7.3.5.7. REST
OF ASIA-PACIFIC
7.4. LATIN
AMERICA
7.4.1. MARKET
BY COMPONENT
7.4.2. MARKET
BY DEPLOYMENT MODE
7.4.3. MARKET
BY ENTERPRISE TYPE
7.4.4. MARKET
BY ENCRYPTION TYPE
7.4.5. COUNTRY
ANALYSIS
7.4.5.1. BRAZIL
7.4.5.2. MEXICO
7.4.5.3. REST
OF LATIN AMERICA
7.5. MIDDLE
EAST AND AFRICA
7.5.1. MARKET
BY COMPONENT
7.5.2. MARKET
BY DEPLOYMENT MODE
7.5.3. MARKET
BY ENTERPRISE TYPE
7.5.4. MARKET
BY ENCRYPTION TYPE
7.5.5. COUNTRY
ANALYSIS
7.5.5.1. UNITED
ARAB EMIRATES
7.5.5.2. SAUDI
ARABIA
7.5.5.3. TURKEY
7.5.5.4. SOUTH
AFRICA
7.5.5.5. REST
OF MIDDLE EAST & AFRICA
8. COMPETITIVE
LANDSCAPE
8.1. MICROSOFT
CORPORATION
8.2. IBM
8.3. BROADCOM
INC
8.4. MCAFEE
CORP
8.5. THALES
GROUP
8.6. DELL
TECHNOLOGIES INC
8.7. ESET
8.8. TREND
MICRO INC
8.9. INTEL
CORP
8.10. WINMAGIC
DATA SECURITY SOLUTION
8.11. BITDEFENDER
PVT
8.12. LOOKOUT
SECURITY
8.13. NETSKOPE
INC
8.14. PROTEGRITY
PVT LTD
9. RESEARCH
METHODOLOGY & SCOPE
9.1. RESEARCH
SCOPE & DELIVERABLES
9.2. SOURCES
OF DATA
9.3. RESEARCH
METHODOLOGY
TABLE 1: GLOBAL BANK
ENCRYPTION SOFTWARE MARKET, BY GEOGRAPHY, 2022-2028 (IN $ MILLION)
TABLE 2: VENDOR
SCORECARD
TABLE 3: REGULATORY
FRAMEWORK
TABLE 4: LIST OF
ACQUISITIONS
TABLE 5: LIST OF
PRODUCT LAUNCHES
TABLE 6: LIST OF
PARTNERSHIPS & AGREEMENTS
TABLE 7: LIST OF
BUSINESS EXPANSIONS
TABLE 8: GLOBAL BANK
ENCRYPTION SOFTWARE MARKET, BY COMPONENT, 2022-2028 (IN $ MILLION)
TABLE 9: GLOBAL BANK
ENCRYPTION SOFTWARE MARKET, BY DEPLOYMENT MODE, 2022-2028 (IN $ MILLION)
TABLE 10: GLOBAL BANK
ENCRYPTION SOFTWARE MARKET, BY ENTERPRISE TYPE, 2022-2028 (IN $ MILLION)
TABLE 11: GLOBAL BANK
ENCRYPTION SOFTWARE MARKET, BY ENCRYPTION TYPE, 2022-2028 (IN $ MILLION)
TABLE 12: GLOBAL BANK
ENCRYPTION SOFTWARE MARKET, BY GEOGRAPHY, 2022-2028 (IN $ MILLION)
TABLE 13: NORTH AMERICA
BANK ENCRYPTION SOFTWARE MARKET, BY COUNTRY, 2022-2028 (IN $ MILLION)
TABLE 14: NORTH AMERICA
BANK ENCRYPTION SOFTWARE MARKET, BY COMPONENT, 2022-2028 (IN $ MILLION)
TABLE 15: NORTH AMERICA
BANK ENCRYPTION SOFTWARE MARKET, BY DEPLOYMENT MODE, 2022-2028 (IN $ MILLION)
TABLE 16: NORTH AMERICA
BANK ENCRYPTION SOFTWARE MARKET, BY ENTERPRISE TYPE, 2022-2028 (IN $ MILLION)
TABLE 17: NORTH AMERICA
BANK ENCRYPTION SOFTWARE MARKET, BY ENCRYPTION TYPE, 2022-2028 (IN $ MILLION)
TABLE 18: EUROPE BANK ENCRYPTION
SOFTWARE MARKET, BY COUNTRY, 2022-2028 (IN $ MILLION)
TABLE 19: EUROPE BANK
ENCRYPTION SOFTWARE MARKET, BY COMPONENT, 2022-2028 (IN $ MILLION)
TABLE 20: EUROPE BANK
ENCRYPTION SOFTWARE MARKET, BY DEPLOYMENT MODE, 2022-2028 (IN $ MILLION)
TABLE 21: EUROPE BANK
ENCRYPTION SOFTWARE MARKET, BY ENTERPRISE TYPE, 2022-2028 (IN $ MILLION)
TABLE 22: EUROPE BANK
ENCRYPTION SOFTWARE MARKET, BY ENCRYPTION TYPE, 2022-2028 (IN $ MILLION)
TABLE 23: COUNTRIES
WITH RELATIVELY LOW LEVELS OF IT SPENDING IN REST OF EUROPE (IN 2021)
TABLE 24: ASIA-PACIFIC
BANK ENCRYPTION SOFTWARE MARKET, BY COUNTRY, 2022-2028 (IN $ MILLION)
TABLE 25: ASIA-PACIFIC
BANK ENCRYPTION SOFTWARE MARKET, BY COMPONENT, 2022-2028 (IN $ MILLION)
TABLE 26: ASIA-PACIFIC
BANK ENCRYPTION SOFTWARE MARKET, BY DEPLOYMENT MODE, 2022-2028 (IN $ MILLION)
TABLE 27: ASIA-PACIFIC
BANK ENCRYPTION SOFTWARE MARKET, BY ENTERPRISE TYPE, 2022-2028 (IN $ MILLION)
TABLE 28: ASIA-PACIFIC
BANK ENCRYPTION SOFTWARE MARKET, BY ENCRYPTION TYPE, 2022-2028 (IN $ MILLION)
TABLE 29: LATIN AMERICA
BANK ENCRYPTION SOFTWARE MARKET, BY COUNTRY, 2022-2028 (IN $ MILLION)
TABLE 30: LATIN AMERICA
BANK ENCRYPTION SOFTWARE MARKET, BY COMPONENT, 2022-2028 (IN $ MILLION)
TABLE 31: LATIN AMERICA
BANK ENCRYPTION SOFTWARE MARKET, BY DEPLOYMENT MODE, 2022-2028 (IN $ MILLION)
TABLE 32: LATIN AMERICA
BANK ENCRYPTION SOFTWARE MARKET, BY ENTERPRISE TYPE, 2022-2028 (IN $ MILLION)
TABLE 33: LATIN AMERICA
BANK ENCRYPTION SOFTWARE MARKET, BY ENCRYPTION TYPE, 2022-2028 (IN $ MILLION)
TABLE 34: MIDDLE EAST AND
AFRICA BANK ENCRYPTION SOFTWARE MARKET, BY COUNTRY, 2022-2028 (IN $ MILLION)
TABLE 35: MIDDLE EAST AND
AFRICA BANK ENCRYPTION SOFTWARE MARKET, BY COMPONENT, 2022-2028 (IN $ MILLION)
TABLE 36: MIDDLE EAST AND
AFRICA BANK ENCRYPTION SOFTWARE MARKET, BY DEPLOYMENT MODE, 2022-2028 (IN $
MILLION)
TABLE 37: MIDDLE EAST AND
AFRICA BANK ENCRYPTION SOFTWARE MARKET, BY ENTERPRISE TYPE, 2022-2028 (IN $
MILLION)
TABLE 38: MIDDLE EAST AND
AFRICA BANK ENCRYPTION SOFTWARE MARKET, BY ENCRYPTION TYPE, 2022-2028 (IN $ MILLION)
FIGURE 1: KEY BUYING
IMPACT ANALYSIS
FIGURE 2: MARKET
ATTRACTIVENESS INDEX
FIGURE 3: INDUSTRY
COMPONENTS
FIGURE 4: WORKING OF
SECURITY ENCRYPTION MODEL
FIGURE 5: GLOBAL BANK
ENCRYPTION SOFTWARE MARKET, COMPONENT OUTLOOK, 2021 & 2028 (IN %)
FIGURE 6: GLOBAL BANK
ENCRYPTION SOFTWARE MARKET, BY SOFTWARE, 2022-2028 (IN $ MILLION)
FIGURE 7: GLOBAL BANK
ENCRYPTION SOFTWARE MARKET, BY SERVICES, 2022-2028 (IN $ MILLION)
FIGURE 8: GLOBAL BANK
ENCRYPTION SOFTWARE MARKET, DEPLOYMENT MODE OUTLOOK, 2021 & 2028 (IN %)
FIGURE 9: GLOBAL BANK
ENCRYPTION SOFTWARE MARKET, BY ON-PREMISE, 2022-2028 (IN $ MILLION)
FIGURE 10: GLOBAL BANK
ENCRYPTION SOFTWARE MARKET, BY CLOUD, 2022-2028 (IN $ MILLION)
FIGURE 11: GLOBAL BANK
ENCRYPTION SOFTWARE MARKET, ENTERPRISE TYPE OUTLOOK, 2021 & 2028 (IN %)
FIGURE 12: GLOBAL BANK
ENCRYPTION SOFTWARE MARKET, BY LARGE ENTERPRISES, 2022-2028 (IN $ MILLION)
FIGURE 13: GLOBAL BANK
ENCRYPTION SOFTWARE MARKET, BY SMALL & MEDIUM ENTERPRISES, 2022-2028 (IN $
MILLION)
FIGURE 14: GLOBAL BANK
ENCRYPTION SOFTWARE MARKET, ENCRYPTION TYPE OUTLOOK, 2021 & 2028 (IN %)
FIGURE 15: GLOBAL BANK
ENCRYPTION SOFTWARE MARKET, BY DISK ENCRYPTION, 2022-2028 (IN $ MILLION)
FIGURE 16: GLOBAL BANK
ENCRYPTION SOFTWARE MARKET, BY COMMUNICATION ENCRYPTION, 2022-2028 (IN $
MILLION)
FIGURE 17: GLOBAL BANK
ENCRYPTION SOFTWARE MARKET, BY FILE/FOLDER ENCRYPTION, 2022-2028 (IN $ MILLION)
FIGURE 18: GLOBAL BANK
ENCRYPTION SOFTWARE MARKET, BY CLOUD ENCRYPTION, 2022-2028 (IN $ MILLION)
FIGURE 19: GLOBAL BANK
ENCRYPTION SOFTWARE MARKET, REGIONAL OUTLOOK, 2021 & 2028 (IN %)
FIGURE 20: UNITED
STATES BANK ENCRYPTION SOFTWARE MARKET 2022-2028 (IN $ MILLION)
FIGURE 21: CANADA BANK
ENCRYPTION SOFTWARE MARKET 2022-2028 (IN $ MILLION)
FIGURE 22: UNITED
KINGDOM BANK ENCRYPTION SOFTWARE MARKET 2022-2028 (IN $ MILLION)
FIGURE 23: GERMANY BANK
ENCRYPTION SOFTWARE MARKET 2022-2028 (IN $ MILLION)
FIGURE 24: FRANCE BANK
ENCRYPTION SOFTWARE MARKET 2022-2028 (IN $ MILLION)
FIGURE 25: SPAIN BANK
ENCRYPTION SOFTWARE MARKET 2022-2028 (IN $ MILLION)
FIGURE 26: ITALY BANK
ENCRYPTION SOFTWARE MARKET 2022-2028 (IN $ MILLION)
FIGURE 27: COMMERCIAL
BANK SPENDING ON INNOVATION IN POLAND 2016-2019 ($ MILLION)
FIGURE 28: REST OF
EUROPE BANK ENCRYPTION SOFTWARE MARKET 2022-2028 (IN $ MILLION)
FIGURE 29: CHINA BANK
ENCRYPTION SOFTWARE MARKET 2022-2028 (IN $ MILLION)
FIGURE 30: JAPAN BANK
ENCRYPTION SOFTWARE MARKET 2022-2028 (IN $ MILLION)
FIGURE 31: INDIA BANK
ENCRYPTION SOFTWARE MARKET 2022-2028 (IN $ MILLION)
FIGURE 32: SOUTH KOREA BANK
ENCRYPTION SOFTWARE MARKET 2022-2028 (IN $ MILLION)
FIGURE 33: VIETNAM
BANKING SHARE BY ASSET (IN 2019)
FIGURE 34: SOUTHEAST
ASIAN ADULT POPULATION AND BANKING PENETRATION (IN 2018)
FIGURE 35: ASEAN
COUNTRIES BANK ENCRYPTION SOFTWARE MARKET 2022-2028 (IN $ MILLION)
FIGURE 36: AUSTRALIA
& NEW ZEALAND BANK ENCRYPTION SOFTWARE MARKET 2022-2028 (IN $ MILLION)
FIGURE 37: REST OF
ASIA-PACIFIC BANK ENCRYPTION SOFTWARE MARKET 2022-2028 (IN $ MILLION)
FIGURE 38: BRAZIL BANK
ENCRYPTION SOFTWARE MARKET 2022-2028 (IN $ MILLION)
FIGURE 39: MEXICO BANK
ENCRYPTION SOFTWARE MARKET 2022-2028 (IN $ MILLION)
FIGURE 40: REST OF
LATIN AMERICA BANK ENCRYPTION SOFTWARE MARKET 2022-2028 (IN $ MILLION)
FIGURE 41: UNITED ARAB
EMIRATES BANK ENCRYPTION SOFTWARE MARKET 2022-2028 (IN $ MILLION)
FIGURE 42: SAUDI ARABIA
BANK ENCRYPTION SOFTWARE MARKET 2022-2028 (IN $ MILLION)
FIGURE 43: TURKEY BANK
ENCRYPTION SOFTWARE MARKET 2022-2028 (IN $ MILLION)
FIGURE 44: SOUTH AFRICA
BANK ENCRYPTION SOFTWARE MARKET 2022-2028 (IN $ MILLION)
FIGURE 45: REST OF MIDDLE
EAST & AFRICA BANK ENCRYPTION SOFTWARE MARKET 2022-2028 (IN $ MILLION)