Market by Component, Deployment, Organization Size, Function, End-user, and Country | Forecast 2019-2028
Triton's report has ascertained the North America encryption software market to exhibit revenue growth at a CAGR of 12.09% in the projected years of 2019-2028.
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The countries
researched in this market are:
• United States
• Canada
In the United States,
the laws relating to encryption technology are well-developed and documented.
Moreover, the country stands among the primary producers of IT and security
products. The government regulations do not restrict the use, creation, and
sale of encryption products domestically, which offers a favorable environment
for the studied market's growth. Additionally, the regulations relating to data
privacy and compliance require organizations to strengthen their data security
measures. These laws increase the need for enterprises to implement adequate
data security technologies to guarantee the safety of sensitive data of the
customers. Therefore, the rise in federal-level regulations will enhance the
need for encryption software, thereby expanding the country's market in the
coming years.
Cybercrimes are gaining
high traction in Canada as businesses adapt to more diverse digital solutions.
For instance, Equifax Canada reported that the country faced a massive data
breach resulting in the personal information of several users to be
compromised. Such cyberattacks create a need for companies to invest in new and
innovative solutions, such as encryption software, to avoid data breach over
the internet. Moreover, the authorities have initiated legislation that
requires telecom companies to decrypt communications, if they have the
encryption keys to assist in criminal proceedings. Hence, the above-mentioned
factors offer numerous opportunities for the encryption software market to
expand in Canada.
Oracle Corporation is a
multinational corporation specializing in computer technology, and operates
under different segments such as hardware, software, and services. The
company's software runs on single and multi-server configurations for
on-premises and cloud-enabled environments. Some of the major software
solutions include Customer Relationship Management (CRM), Supply Chain
Management (SCM), and Enterprise Resource Planning (ERP). With its headquarters
in the United States, the company has its operations in various regions of the
world.
1. NORTH
AMERICA ENCRYPTION SOFTWARE MARKET -
SUMMARY
2. INDUSTRY
OUTLOOK
2.1. MARKET
DEFINITION
2.2. KEY
INSIGHTS
2.2.1. WIDE
ADOPTION OF ENCRYPTION STRATEGY IN ENTERPRISES
2.2.2. INCREASE
IN DEMAND FOR CLOUD DATA ENCRYPTION
2.2.3. SNOWDEN
REVELATIONS
2.3. IMPACT
OF COVID-19 ON ENCRYPTION SOFTWARE MARKET
2.4. PORTER’S
FIVE FORCES ANALYSIS
2.4.1. THREAT
OF NEW ENTRANTS
2.4.2. THREAT
OF SUBSTITUTE
2.4.3. BARGAINING
POWER OF BUYERS
2.4.4. BARGAINING
POWER OF SUPPLIERS
2.4.5. THREAT
OF COMPETITIVE RIVALRY
2.5. MARKET
ATTRACTIVENESS INDEX
2.6. VENDOR
SCORECARD
2.7. MARKET
DRIVERS
2.7.1. INCREASE
IN NUMBER OF DATA BREACHES AND FORCE ATTACKS
2.7.2. INCREASE
IN COMPLIANCE REGULATIONS
2.7.3. GROWTH
IN ADOPTION OF VIRTUALIZATION AND CLOUD
2.7.4. INCREASE
IN MOBILITY
2.8. MARKET
RESTRAINTS
2.8.1. HIGH
CAPITAL INVESTMENT
2.8.2. LIMITATIONS
ON USE OF ENCRYPTED DEVICES IN SOME COUNTRIES
2.9. MARKET
OPPORTUNITIES
2.9.1. WIDESPREAD
ADOPTION OF IOT AND CLOUD SERVICES
2.9.2. ONGOING
TECHNOLOGICAL ADVANCEMENTS IN ENCRYPTION CHIPS
2.10. MARKET
CHALLENGES
2.10.1. INCREASE IN COSTS AND COMPLEXITY OF ENCRYPTION
KEYS
2.10.2. LACK OF EDUCATION ON ENCRYPTION
2.10.3. REGULATORY RESTRICTIONS ON CRYPTO-SOFTWARE
3. NORTH
AMERICA ENCRYPTION SOFTWARE MARKET OUTLOOK - BY COMPONENT
3.1. SOFTWARE
3.2. SERVICES
4. NORTH
AMERICA ENCRYPTION SOFTWARE MARKET OUTLOOK - BY DEPLOYMENT
4.1. ON-PREMISE
4.2. CLOUD
5. NORTH
AMERICA ENCRYPTION SOFTWARE MARKET OUTLOOK - BY ORGANIZATION SIZE
5.1. LARGE
ENTERPRISES
5.2. SMALL
& MEDIUM ENTERPRISES
6. NORTH
AMERICA ENCRYPTION SOFTWARE MARKET OUTLOOK - BY FUNCTION
6.1. DISK
ENCRYPTION
6.2. COMMUNICATION
ENCRYPTION
6.3. FILE/FOLDER
ENCRYPTION
6.4. CLOUD
ENCRYPTION
7. NORTH
AMERICA ENCRYPTION SOFTWARE MARKET OUTLOOK - BY END-USER
7.1. BFSI
7.2. IT
& TELECOM
7.3. GOVERNMENT
& PUBLIC SECTOR
7.4. RETAIL
7.5. HEALTHCARE
7.6. AEROSPACE
& DEFENSE
7.7. MEDIA
& ENTERTAINMENT
7.8. OTHERS
8. NORTH
AMERICA ENCRYPTION SOFTWARE MARKET - REGIONAL OUTLOOK
8.1. UNITED
STATES
8.2. CANADA
9. COMPETITIVE
LANDSCAPE
9.1. CHECK POINT SOFTWARE TECHNOLOGIES
9.2. CISCO SYSTEM INC
9. 3. SOPHOS HOLDINGS LTD
9. 4. TREND MICRO INCORPORATED
9. 5. BROADCOM INC
9.6. DELL INC
9.7. FIREEYE INC
9.8. FORTINET INC
9.9. INTERNATIONAL BUSINESS MACHINES CORPORATION
9.10. MCAFEE LLC
9.11. MICROSOFT CORPORATION
9.12. ORACLE CORPORATION
9.13. PALO ALTO NETWORKS INC
9.14. PROOFPOINT
10. METHODOLOGY
& SCOPE
10.1. RESEARCH
SCOPE & DELIVERABLES
10.2. SOURCES
OF DATA
10.3. RESEARCH
METHODOLOGY
TABLE 1. NORTH AMERICA
ENCRYPTION SOFTWARE MARKET, BY COUNTRY, 2019-2028 (IN $ MILLION)
TABLE 2. MARKET
ATTRACTIVENESS INDEX
TABLE 3. VENDOR
SCORECARD
TABLE 4. NORTH AMERICA
ENCRYPTION SOFTWARE MARKET, BY COMPONENT, 2019-2028 (IN $ MILLION)
TABLE 5. NORTH AMERICA
ENCRYPTION SOFTWARE MARKET, BY DEPLOYMENT, 2019-2028 (IN $ MILLION)
TABLE 6. NORTH AMERICA
ENCRYPTION SOFTWARE MARKET, BY ORGANIZATION SIZE, 2019-2028 (IN $ MILLION)
TABLE 7. NORTH AMERICA
ENCRYPTION SOFTWARE MARKET, BY FUNCTION, 2019-2028 (IN $ MILLION)
TABLE 8. NORTH AMERICA
ENCRYPTION SOFTWARE MARKET, BY END-USER, 2019-2028 (IN $ MILLION)
TABLE 9. NORTH AMERICA
ENCRYPTION SOFTWARE MARKET, BY COUNTRY, 2019-2028 (IN $ MILLION)
FIGURE 1. PORTER’S FIVE
FORCES ANALYSIS
FIGURE 2. NORTH AMERICA
ENCRYPTION SOFTWARE MARKET, BY SOFTWARE, 2019-2028 (IN $ MILLION)
FIGURE 3. NORTH AMERICA
ENCRYPTION SOFTWARE MARKET, BY SERVICES, 2019-2028 (IN $ MILLION)
FIGURE 4. NORTH AMERICA
ENCRYPTION SOFTWARE MARKET, BY ON-PREMISE, 2019-2028 (IN $ MILLION)
FIGURE 5. NORTH AMERICA
ENCRYPTION SOFTWARE MARKET, BY CLOUD, 2019-2028 (IN $ MILLION)
FIGURE 6. NORTH AMERICA
ENCRYPTION SOFTWARE MARKET, BY LARGE ENTERPRISES, 2019-2028 (IN $ MILLION)
FIGURE 7. NORTH AMERICA
ENCRYPTION SOFTWARE MARKET, BY SMALL & MEDIUM ENTERPRISES, 2019-2028 (IN $
MILLION)
FIGURE 8. NORTH AMERICA
ENCRYPTION SOFTWARE MARKET, BY DISK ENCRYPTION, 2019-2028 (IN $ MILLION)
FIGURE 9. NORTH AMERICA
ENCRYPTION SOFTWARE MARKET, BY COMMUNICATION ENCRYPTION, 2019-2028 (IN $
MILLION)
FIGURE 10. NORTH
AMERICA ENCRYPTION SOFTWARE MARKET, BY FILE/FOLDER ENCRYPTION, 2019-2028 (IN $
MILLION)
FIGURE 11. NORTH
AMERICA ENCRYPTION SOFTWARE MARKET, BY CLOUD ENCRYPTION, 2019-2028 (IN $ MILLION)
FIGURE 12. NORTH
AMERICA ENCRYPTION SOFTWARE MARKET, BY BFSI, 2019-2028 (IN $ MILLION)
FIGURE 13. NORTH
AMERICA ENCRYPTION SOFTWARE MARKET, BY IT & TELECOM, 2019-2028 (IN $
MILLION)
FIGURE 14. NORTH
AMERICA ENCRYPTION SOFTWARE MARKET, BY GOVERNMENT & PUBLIC SECTOR,
2019-2028 (IN $ MILLION)
FIGURE 15. NORTH
AMERICA ENCRYPTION SOFTWARE MARKET, BY RETAIL, 2019-2028 (IN $ MILLION)
FIGURE 16. NORTH
AMERICA ENCRYPTION SOFTWARE MARKET, BY HEALTHCARE, 2019-2028 (IN $ MILLION)
FIGURE 17. NORTH
AMERICA ENCRYPTION SOFTWARE MARKET, BY AEROSPACE & DEFENSE, 2019-2028 (IN $
MILLION)
FIGURE 18. NORTH
AMERICA ENCRYPTION SOFTWARE MARKET, BY MEDIA & ENTERTAINMENT, 2019-2028 (IN
$ MILLION)
FIGURE 19. NORTH
AMERICA ENCRYPTION SOFTWARE MARKET, BY OTHERS, 2019-2028 (IN $ MILLION)
FIGURE 20. NORTH
AMERICA ENCRYPTION SOFTWARE MARKET, REGIONAL OUTLOOK, 2019 AND 2028 (IN %)
FIGURE 21. UNITED
STATES ENCRYPTION SOFTWARE MARKET 2019-2028 (IN $ MILLION)
FIGURE 22. CANADA
ENCRYPTION SOFTWARE MARKET 2019-2028 (IN
$ MILLION)