According to new market research report on “Mobile Encryption Market by Component (Solution and Services), Application (Disk Encryption, File/Folder Encryption, Communication Encryption, and Cloud Encryption), End-User Type, Deployment Type, Vertical, and Region – Global Forecast to 2022″, The mobile encryption market size is expected to grow from USD 761.4 Million in 2017 to USD 2,917.9 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 30.8%.
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“Mobile Encryption Market by Component (Solution and Services), Application (Disk Encryption, File/Folder Encryption, Communication Encryption, and Cloud Encryption), End-User Type, Deployment Type, Vertical, and Region – Global Forecast to 2022”
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The key powers driving the mobile encryption market incorporate the expansion of cell phones and tablets crosswise over endeavors, requirement for stringent consistence and administrative necessities, and expanded worries for information security and protection issues. Besides, with the consequent increment in the appropriation rate of cloud-based mobile encryption arrangements, the mobile encryption market is relied upon to pick up a noteworthy footing amid the figure time frame.
“Disk encryption application is expected to have the largest market share in 2017.”
Disk encryption is required to have the biggest market share and command the mobile encryption market from 2017 to 2022, because of developing requests for equipment based encryptions that guarantee information security at the source. With the expansion in the BYOD pattern, workers have the opportunity to convey individual gadgets and trade of basic information by means of individual gadgets is made conceivable. Appropriation of solid encryptions can secure the secret information, regardless of whether a worker’s gadget is lost or stolen.
“Telecom sector is expected to grow at the highest rate during the forecast period.”
Telecom and medicinal services areas are relied upon to develop at the most astounding CAGRs from 2017 to 2022, in the mobile encryption market, because of the expansion in the measure of individual and wellbeing related information being put away on PDAs, tablets, and the Internet. Most of the telecom organizations depend on correspondence encryption for verifying the information in movement, for example, calls and messages for their clients.
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“North America is expected to contribute to the largest market share; Asia Pacific to grow the fastest during the forecast period.”
North America is relied upon to have the biggest market share and command the mobile encryption market from 2017 to 2022, attributable to the early selection of new and rising innovations and the nearness of an expansive number of players in this district. APAC offers broad development roads in the mobile encryption market, attributable to an across the board nearness of SMEs that are actualizing upgraded mobile encryption answers for forestall unapproved access to basic business information and untrustworthy utilization of classified data.
The major vendors providing mobile encryption solutions are Adeya SA (Morges, Switzerland), AlertBoot Data Security (Las Vegas, US), Becrypt, Ltd. (London, UK), BlackBerry Ltd. (Ontario, Canada), CSG, Inc. (Washington, US), Certes Networks, Inc. (Pennsylvania, US), Check Point Software Technologies, Ltd. (Tel Aviv, Israel), DataMotion, Inc. (New Jersey, US), Dell Technologies, Inc. (Texas, US), ESET (Bratislava, Slovakia), Gold Line Group Ltd. (Israel), Hewlett Packard Enterprise (California, US), Huawei Technologies Co. Ltd. (Shenzhen, China), IBM Corporation (New York, US), Intel Corporation (California, US), KoolSpan, Inc. (Maryland, US), MobileIron, Inc. (California, US), Open Whisper Systems (California, US), Proofpoint, Inc. (California, US), SecurStar (Munich, Germany), Silent Circle, LLC (Le Grand-Saconnex, Switzerland), Sophos Ltd. (Abingdon, UK), Symantec Corporation (California, US), T-Systems International GmbH (Frankfurt, Germany), and Zix Corporation (Texas, US).
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