ASIA PACIFIC ENCRYPTION SOFTWARE MARKET FORECAST 2019-2028

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ASIA PACIFIC ENCRYPTION SOFTWARE MARKET FORECAST 2019-2028

The Asia Pacific encryption software market is estimated to project a CAGR of 14.60% during the forecast period, 2019-2028. The heavy investments made by private and public sectors for securing sensitive data have resulted in increased demand for encryption software for ensuring data privacy. Such aspects, along with the growing cases of data breaches, are projected to drive the growth of the market in the region.

ASIA PACIFIC ENCRYPTION SOFTWARE MARKET FORECAST 2019-2028

Asia Pacific Encryption Software Market by Component (Software, Services) by Deployment (on-premise, Cloud) by Organization Size (Large Enterprises, Small & Medium Enterprises) by Function (Disk Encryption, Communication Encryption, File/folder Encryption, Cloud Encryption) by Industrial Vertical (Bfsi, It & Telecom, Government & Public Sector, Retail, Healthcare, Aerospace & Defense, Media & Entertainment, Others) and by Geography.

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The Asia Pacific encryption software market is estimated to project a CAGR of 14.60% during the forecast period, 2019-2028. The heavy investments made by private and public sectors for securing sensitive data have resulted in increased demand for encryption software for ensuring data privacy. Such aspects, along with the growing cases of data breaches, are projected to drive the growth of the market in the region.
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The Asia Pacific encryption software market growth evaluation entails the assessment of Indonesia, Japan, China, South Korea, Thailand, Singapore, Australia & New Zealand, India, and the rest of Asia Pacific. Between 2014 and 2016, the average number of cyberattacks in China and Hong Kong increased by almost 969%. This prompted China to recognize the significance of cybersecurity and elevate its position to the level of national security. The law governing cryptographic password management came into power on January 1, 2020. It aims to set the standards for applications of cryptography and the management of passwords. This is set to reduce the country’s cyber vulnerabilities. In India, encryption has undergone considerable changes in the last two decades. It has become a key enabler of all online communications and commerce. As of now, the country does not have any applicable restrictions on encryption. Though, it has sectorial restrictions in areas like telecom. Sectoral regulators like the Exchange Board of India have minimum encryption standards for entities and transactions. Moreover, the Coronavirus pandemic has resulted in the increasing use of the internet. It has also underscored the need for robust internet infrastructure. Such factors are estimated to increase the need for encryption software.

Trend Micro Inc provides server security, small business content security, and cloud security solutions. The company also offers layered security for data centers, endpoints, networks, and cloud environments. The company partnered with Vodafone in January 2018 to develop endpoint security for businesses. This is aimed at protecting critical business data from a multitude of threats. The company has its headquarters in Shibuya City, Tokyo, Japan.

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  1. RESEARCH SCOPE & METHODOLOGY
    • STUDY OBJECTIVES
    • SCOPE OF STUDY
    • METHODOLOGY
    • ASSUMPTIONS & LIMITATIONS
  2. EXECUTIVE SUMMARY
    • MARKET SIZE & ESTIMATES
    • MARKET OVERVIEW
  3. MARKET DYNAMICS
    • MARKET DEFINITION
    •    KEY DRIVERS
      • INCREASING NUMBER OF DATA BREACHES AND FORCE ATTACKS
      • INCREASED COMPLIANCE REGULATIONS
      • GROWING ADOPTION OF VIRTUALIZATION AND CLOUD
      • INCREASING MOBILITY
    •    KEY RESTRAINTS
      • HIGH CAPITAL INVESTMENT
      • LIMITING THE USE OF ENCRYPTED DEVICES IN SOME OF THE COUNTRIES
      • LACK OF AWARENESS AND EDUCATION
      • REGULATORY RESTRICTIONS ON CRYPTO-SOFTWARE
  1. KEY ANALYTICS
    • KEY INVESTMENT INSIGHTS
    • IMPACT OF COVID-19 ON ENCRYPTION SOFTWARE INDUSTRY
    •    PORTER’S FIVE FORCE ANALYSIS
      • BUYER POWER
      • SUPPLIER POWER
      • SUBSTITUTION
      • NEW ENTRANTS
      • INDUSTRY RIVALRY
    • OPPORTUNITY MATRIX
    • VENDOR LANDSCAPE
  2. MARKET BY COMPONENT
    • SOFTWARE
    • SERVICES
  3. MARKET BY DEPLOYMENT
    • ON-PREMISE
    • CLOUD
  4. MARKET BY ORGANIZATION SIZE
    • LARGE ENTERPRISES
    • SMALL & MEDIUM ENTERPRISES
  5. MARKET BY FUNCTION
    • DISK ENCRYPTION
    • COMMUNICATION ENCRYPTION
    • FILE/FOLDER ENCRYPTION
    • CLOUD ENCRYPTION
  6. MARKET BY INDUSTRIAL VERTICAL
    • BFSI
    • IT & TELECOM
    • GOVERNMENT & PUBLIC SECTOR
    • RETAIL
    • HEALTHCARE
    • AEROSPACE & DEFENSE
    • MEDIA & ENTERTAINMENT
    • OTHERS
  7. GEOGRAPHICAL ANALYSIS
    •    ASIA PACIFIC
      • CHINA
      • JAPAN
      • INDIA
      • SOUTH KOREA
      • INDONESIA
      • THAILAND
      • SINGAPORE
      • AUSTRALIA & NEW ZEALAND
      • REST OF ASIA PACIFIC
  1. COMPANY PROFILES
    • CHECK POINT SOFTWARE TECHNOLOGIES
    • CISCO SYSTEM INC
    • SYMANTEC CORPORATION
    • SOPHOS HOLDINGS LTD
    • PROOFPOINT
    • TREND MICRO INCORPORATED
    • BROADCOM INC
    • DELL INC
    • FIREEYE INC
    • FORTINET INC
    • INTERNATIONAL BUSINESS MACHINES CORPORATION
    • MCAFEE LLC
    • MICROSOFT CORPORATION
    • ORACLE CORPORATION
    • PALO ALTO NETWORKS INC

LIST OF TABLES

TABLE 1: MARKET SNAPSHOT – ENCRYPTION SOFTWARE

TABLE 2: ASIA PACIFIC ENCRYPTION SOFTWARE MARKET, BY COMPONENT, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 3: ASIA PACIFIC ENCRYPTION SOFTWARE MARKET, BY COMPONENT, FORECAST YEARS, 2019-2028 (IN $ MILLION)

TABLE 4: ASIA PACIFIC ENCRYPTION SOFTWARE MARKET, BY DEPLOYMENT, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 5: ASIA PACIFIC ENCRYPTION SOFTWARE MARKET, BY DEPLOYMENT, FORECAST YEARS, 2019-2028 (IN $ MILLION)

TABLE 6: ASIA PACIFIC ENCRYPTION SOFTWARE MARKET, BY ORGANIZATION SIZE, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 7: ASIA PACIFIC ENCRYPTION SOFTWARE MARKET, BY ORGANIZATION SIZE, FORECAST YEARS, 2019-2028 (IN $ MILLION)

TABLE 8: ASIA PACIFIC ENCRYPTION SOFTWARE MARKET, BY FUNCTION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 9: ASIA PACIFIC ENCRYPTION SOFTWARE MARKET, BY FUNCTION, FORECAST YEARS, 2019-2028 (IN $ MILLION)

TABLE 10: ASIA PACIFIC ENCRYPTION SOFTWARE MARKET, BY INDUSTRIAL VERTICAL, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 11: ASIA PACIFIC ENCRYPTION SOFTWARE MARKET, BY INDUSTRIAL VERTICAL, FORECAST YEARS, 2019-2028 (IN $ MILLION)

TABLE 12: ASIA PACIFIC ENCRYPTION SOFTWARE MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 13: ASIA PACIFIC ENCRYPTION SOFTWARE MARKET, BY COUNTRY, FORECAST YEARS, 2019-2028 (IN $ MILLION)

LIST OF FIGURES

FIGURE 1: KEY INVESTMENT INSIGHTS

FIGURE 2: PORTER’S FIVE FORCE ANALYSIS

FIGURE 3: OPPORTUNITY MATRIX

FIGURE 4: VENDOR LANDSCAPE

FIGURE 5: ASIA PACIFIC ENCRYPTION SOFTWARE MARKET, GROWTH POTENTIAL, BY COMPONENT, IN 2019

FIGURE 6: ASIA PACIFIC ENCRYPTION SOFTWARE MARKET, BY SOFTWARE, 2019-2028 (IN $ MILLION)

FIGURE 7: ASIA PACIFIC ENCRYPTION SOFTWARE MARKET, BY SERVICES, 2019-2028 (IN $ MILLION)

FIGURE 8: ASIA PACIFIC ENCRYPTION SOFTWARE MARKET, GROWTH POTENTIAL, BY DEPLOYMENT, IN 2019

FIGURE 9: ASIA PACIFIC ENCRYPTION SOFTWARE MARKET, BY ON-PREMISE, 2019-2028 (IN $ MILLION)

FIGURE 10: ASIA PACIFIC ENCRYPTION SOFTWARE MARKET, BY CLOUD, 2019-2028 (IN $ MILLION)

FIGURE 11: ASIA PACIFIC ENCRYPTION SOFTWARE MARKET, GROWTH POTENTIAL, BY ORGANIZATION SIZE, IN 2019

FIGURE 12: ASIA PACIFIC ENCRYPTION SOFTWARE MARKET, BY LARGE ENTERPRISES, 2019-2028 (IN $ MILLION)

FIGURE 13: ASIA PACIFIC ENCRYPTION SOFTWARE MARKET, BY SMALL & MEDIUM ENTERPRISES, 2019-2028 (IN $ MILLION)

FIGURE 14: ASIA PACIFIC ENCRYPTION SOFTWARE MARKET, GROWTH POTENTIAL, BY FUNCTION, IN 2019

FIGURE 15: ASIA PACIFIC ENCRYPTION SOFTWARE MARKET, BY DISK ENCRYPTION, 2019-2028 (IN $ MILLION)

FIGURE 16: ASIA PACIFIC ENCRYPTION SOFTWARE MARKET, BY COMMUNICATION ENCRYPTION, 2019-2028 (IN $ MILLION)

FIGURE 17: ASIA PACIFIC ENCRYPTION SOFTWARE MARKET, BY FILE/FOLDER ENCRYPTION, 2019-2028 (IN $ MILLION)

FIGURE 18: ASIA PACIFIC ENCRYPTION SOFTWARE MARKET, BY CLOUD ENCRYPTION, 2019-2028 (IN $ MILLION)

FIGURE 19: ASIA PACIFIC ENCRYPTION SOFTWARE MARKET, GROWTH POTENTIAL, BY INDUSTRIAL VERTICAL, IN 2019

FIGURE 20: ASIA PACIFIC ENCRYPTION SOFTWARE MARKET, BY BFSI, 2019-2028 (IN $ MILLION)

FIGURE 21: ASIA PACIFIC ENCRYPTION SOFTWARE MARKET, BY IT & TELECOM, 2019-2028 (IN $ MILLION)

FIGURE 22: ASIA PACIFIC ENCRYPTION SOFTWARE MARKET, BY GOVERNMENT & PUBLIC SECTOR, 2019-2028 (IN $ MILLION)

FIGURE 23: ASIA PACIFIC ENCRYPTION SOFTWARE MARKET, BY RETAIL, 2019-2028 (IN $ MILLION)

FIGURE 24: ASIA PACIFIC ENCRYPTION SOFTWARE MARKET, BY HEALTHCARE, 2019-2028 (IN $ MILLION)

FIGURE 25: ASIA PACIFIC ENCRYPTION SOFTWARE MARKET, BY AEROSPACE & DEFENSE, 2019-2028 (IN $ MILLION)

FIGURE 26: ASIA PACIFIC ENCRYPTION SOFTWARE MARKET, BY MEDIA & ENTERTAINMENT, 2019-2028 (IN $ MILLION)

FIGURE 27: ASIA PACIFIC ENCRYPTION SOFTWARE MARKET, BY OTHERS, 2019-2028 (IN $ MILLION)

FIGURE 28: ASIA PACIFIC ENCRYPTION SOFTWARE MARKET, REGIONAL OUTLOOK, 2019 & 2028 (IN %)

FIGURE 29: CHINA ENCRYPTION SOFTWARE MARKET, 2019-2028 (IN $ MILLION)

FIGURE 30: JAPAN ENCRYPTION SOFTWARE MARKET, 2019-2028 (IN $ MILLION)

FIGURE 31: INDIA ENCRYPTION SOFTWARE MARKET, 2019-2028 (IN $ MILLION)

FIGURE 32: SOUTH KOREA ENCRYPTION SOFTWARE MARKET, 2019-2028 (IN $ MILLION)

FIGURE 33: INDONESIA ENCRYPTION SOFTWARE MARKET, 2019-2028 (IN $ MILLION)

FIGURE 34: THAILAND ENCRYPTION SOFTWARE MARKET, 2019-2028 (IN $ MILLION)

FIGURE 35: SINGAPORE ENCRYPTION SOFTWARE MARKET, 2019-2028 (IN $ MILLION)

FIGURE 36: AUSTRALIA & NEW ZEALAND ENCRYPTION SOFTWARE MARKET, 2019-2028 (IN $ MILLION)

FIGURE 37: REST OF ASIA PACIFIC ENCRYPTION SOFTWARE MARKET, 2019-2028 (IN $ MILLION)

  1. GEOGRAPHICAL ANALYSIS
    •    ASIA PACIFIC
      • CHINA
      • JAPAN
      • INDIA
      • SOUTH KOREA
      • INDONESIA
      • THAILAND
      • SINGAPORE
      • AUSTRALIA & NEW ZEALAND
      • REST OF ASIA PACIFIC
  1. MARKET BY COMPONENT
    • SOFTWARE
    • SERVICES
  2. MARKET BY DEPLOYMENT
    • ON-PREMISE
    • CLOUD
  3. MARKET BY ORGANIZATION SIZE
    • LARGE ENTERPRISES
    • SMALL & MEDIUM ENTERPRISES
  4. MARKET BY FUNCTION
    • DISK ENCRYPTION
    • COMMUNICATION ENCRYPTION
    • FILE/FOLDER ENCRYPTION
    • CLOUD ENCRYPTION
  5. MARKET BY INDUSTRIAL VERTICAL
    • BFSI
    • IT & TELECOM
    • GOVERNMENT & PUBLIC SECTOR
    • RETAIL
    • HEALTHCARE
    • AEROSPACE & DEFENSE
    • MEDIA & ENTERTAINMENT
    • OTHERS

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