The North America encryption software market is likely to project a CAGR of 11.65% during the forecast period, 2019-2028. The implementation of several government initiatives has aided the expansion of IT security investment in the region. The region houses several established encryption software manufacturing companies like IBM Corporation, which influences the market growth. Also, these market players are adopting several growth strategies.
The United States and Canada are analyzed for North America coherent optical equipment market growth evaluation. In the US, smartphone penetration is rising, along with advancements in broadband technology.
NORTH AMERICA ENCRYPTION SOFTWARE MARKET FORECAST 2019-2028
North America 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.
The North America encryption software market is likely to project a CAGR of 11.65% during the forecast period, 2019-2028. The implementation of several government initiatives has aided the expansion of IT security investment in the region. The region houses several established encryption software vendors/providers like IBM Corporation, which influences the market growth. Also, these market players are adopting several growth strategies.
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The United States and Canada are evaluated in the North America encryption software market growth analysis. In the US, the lawmakers have introduced the Lawful Access to Encrypted Data for ensuring law enforcement’s access to encrypted information. As per the White House Council of Economic Advisers, the country’s economy loses almost $109 million billion every year to harmful cyber activities. Petya, a malware that targets window-based systems, is capable of encrypting a hard drive’s file system, thus preventing the operating system from booting. It attacked the computers in the US in June 2017. This is set to fuel the integration and use of NGFW solutions. The US emphasizes the military and defense sector, thus investing primarily in research and development of new weaponry systems. The US GAO (Government Accountability Office) released a report in October 2018, that stated most weapon systems have mission-critical cyber vulnerabilities. This will further open new avenues for the market players to invest in a suitable cybersecurity suite designed for the industry.
Symantec is one of the leading providers of storage, security, and system management solutions, in the world. The company operates through three business segments, information security, user productivity & protection, and information management. The company offers data availability, leading security, data loss prevention solutions, etc. across the globe. With its presence in more than fifty countries, the company is headquartered in Tempe, Arizona, United States.
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- RESEARCH SCOPE & METHODOLOGY
- STUDY OBJECTIVES
- SCOPE OF STUDY
- METHODOLOGY
- ASSUMPTIONS & LIMITATIONS
- EXECUTIVE SUMMARY
- MARKET SIZE & ESTIMATES
- MARKET OVERVIEW
- 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
- 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
- MARKET BY COMPONENT
- SOFTWARE
- SERVICES
- MARKET BY DEPLOYMENT
- ON-PREMISE
- CLOUD
- MARKET BY ORGANIZATION SIZE
- LARGE ENTERPRISES
- SMALL & MEDIUM ENTERPRISES
- MARKET BY FUNCTION
- DISK ENCRYPTION
- COMMUNICATION ENCRYPTION
- FILE/FOLDER ENCRYPTION
- CLOUD ENCRYPTION
- MARKET BY INDUSTRIAL VERTICAL
- BFSI
- IT & TELECOM
- GOVERNMENT & PUBLIC SECTOR
- RETAIL
- HEALTHCARE
- AEROSPACE & DEFENSE
- MEDIA & ENTERTAINMENT
- OTHERS
- GEOGRAPHICAL ANALYSIS
- NORTH AMERICA
- UNITED STATES
- CANADA
- NORTH AMERICA
- 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: NORTH AMERICA ENCRYPTION SOFTWARE MARKET, BY COMPONENT, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)
TABLE 3: NORTH AMERICA ENCRYPTION SOFTWARE MARKET, BY COMPONENT, FORECAST YEARS, 2019-2028 (IN $ MILLION)
TABLE 4: NORTH AMERICA ENCRYPTION SOFTWARE MARKET, BY DEPLOYMENT, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)
TABLE 5: NORTH AMERICA ENCRYPTION SOFTWARE MARKET, BY DEPLOYMENT, FORECAST YEARS, 2019-2028 (IN $ MILLION)
TABLE 6: NORTH AMERICA ENCRYPTION SOFTWARE MARKET, BY ORGANIZATION SIZE, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)
TABLE 7: NORTH AMERICA ENCRYPTION SOFTWARE MARKET, BY ORGANIZATION SIZE, FORECAST YEARS, 2019-2028 (IN $ MILLION)
TABLE 8: NORTH AMERICA ENCRYPTION SOFTWARE MARKET, BY FUNCTION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)
TABLE 9: NORTH AMERICA ENCRYPTION SOFTWARE MARKET, BY FUNCTION, FORECAST YEARS, 2019-2028 (IN $ MILLION)
TABLE 10: NORTH AMERICA ENCRYPTION SOFTWARE MARKET, BY INDUSTRIAL VERTICAL, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)
TABLE 11: NORTH AMERICA ENCRYPTION SOFTWARE MARKET, BY INDUSTRIAL VERTICAL, FORECAST YEARS, 2019-2028 (IN $ MILLION)
TABLE 12: NORTH AMERICA ENCRYPTION SOFTWARE MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)
TABLE 13: NORTH AMERICA ENCRYPTION SOFTWARE MARKET, BY COUNTRY, FORECAST YEARS, 2019-2028 (IN $ MILLION) TABLE 1: MARKET SNAPSHOT – ENCRYPTION SOFTWARE
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: NORTH AMERICA ENCRYPTION SOFTWARE MARKET, GROWTH POTENTIAL, BY COMPONENT, IN 2019
FIGURE 6: NORTH AMERICA ENCRYPTION SOFTWARE MARKET, BY SOFTWARE, 2019-2028 (IN $ MILLION)
FIGURE 7: NORTH AMERICA ENCRYPTION SOFTWARE MARKET, BY SERVICES, 2019-2028 (IN $ MILLION)
FIGURE 8: NORTH AMERICA ENCRYPTION SOFTWARE MARKET, GROWTH POTENTIAL, BY DEPLOYMENT, IN 2019
FIGURE 9: NORTH AMERICA ENCRYPTION SOFTWARE MARKET, BY ON-PREMISE, 2019-2028 (IN $ MILLION)
FIGURE 10: NORTH AMERICA ENCRYPTION SOFTWARE MARKET, BY CLOUD, 2019-2028 (IN $ MILLION)
FIGURE 11: NORTH AMERICA ENCRYPTION SOFTWARE MARKET, GROWTH POTENTIAL, BY ORGANIZATION SIZE, IN 2019
FIGURE 12: NORTH AMERICA ENCRYPTION SOFTWARE MARKET, BY LARGE ENTERPRISES, 2019-2028 (IN $ MILLION)
FIGURE 13: NORTH AMERICA ENCRYPTION SOFTWARE MARKET, BY SMALL & MEDIUM ENTERPRISES, 2019-2028 (IN $ MILLION)
FIGURE 14: NORTH AMERICA ENCRYPTION SOFTWARE MARKET, GROWTH POTENTIAL, BY FUNCTION, IN 2019
FIGURE 15: NORTH AMERICA ENCRYPTION SOFTWARE MARKET, BY DISK ENCRYPTION, 2019-2028 (IN $ MILLION)
FIGURE 16: NORTH AMERICA ENCRYPTION SOFTWARE MARKET, BY COMMUNICATION ENCRYPTION, 2019-2028 (IN $ MILLION)
FIGURE 17: NORTH AMERICA ENCRYPTION SOFTWARE MARKET, BY FILE/FOLDER ENCRYPTION, 2019-2028 (IN $ MILLION)
FIGURE 18: NORTH AMERICA ENCRYPTION SOFTWARE MARKET, BY CLOUD ENCRYPTION, 2019-2028 (IN $ MILLION)
FIGURE 19: NORTH AMERICA ENCRYPTION SOFTWARE MARKET, GROWTH POTENTIAL, BY INDUSTRIAL VERTICAL, IN 2019
FIGURE 20: NORTH AMERICA ENCRYPTION SOFTWARE MARKET, BY BFSI, 2019-2028 (IN $ MILLION)
FIGURE 21: NORTH AMERICA ENCRYPTION SOFTWARE MARKET, BY IT & TELECOM, 2019-2028 (IN $ MILLION)
FIGURE 22: NORTH AMERICA ENCRYPTION SOFTWARE MARKET, BY GOVERNMENT & PUBLIC SECTOR, 2019-2028 (IN $ MILLION)
FIGURE 23: NORTH AMERICA ENCRYPTION SOFTWARE MARKET, BY RETAIL, 2019-2028 (IN $ MILLION)
FIGURE 24: NORTH AMERICA ENCRYPTION SOFTWARE MARKET, BY HEALTHCARE, 2019-2028 (IN $ MILLION)
FIGURE 25: NORTH AMERICA ENCRYPTION SOFTWARE MARKET, BY AEROSPACE & DEFENSE, 2019-2028 (IN $ MILLION)
FIGURE 26: NORTH AMERICA ENCRYPTION SOFTWARE MARKET, BY MEDIA & ENTERTAINMENT, 2019-2028 (IN $ MILLION)
FIGURE 27: NORTH AMERICA ENCRYPTION SOFTWARE MARKET, BY OTHERS, 2019-2028 (IN $ MILLION)
FIGURE 28: NORTH AMERICA ENCRYPTION SOFTWARE MARKET, REGIONAL OUTLOOK, 2019 & 2028 (IN %)
FIGURE 29: UNITED STATES ENCRYPTION SOFTWARE MARKET, 2019-2028 (IN $ MILLION)
FIGURE 30: CANADA ENCRYPTION SOFTWARE MARKET, 2019-2028 (IN $ MILLION)
- GEOGRAPHICAL ANALYSIS
- NORTH AMERICA
- UNITED STATES
- CANADA
- NORTH AMERICA
- MARKET BY COMPONENT
- SOFTWARE
- SERVICES
- MARKET BY DEPLOYMENT
- ON-PREMISE
- CLOUD
- MARKET BY ORGANIZATION SIZE
- LARGE ENTERPRISES
- SMALL & MEDIUM ENTERPRISES
- MARKET BY FUNCTION
- DISK ENCRYPTION
- COMMUNICATION ENCRYPTION
- FILE/FOLDER ENCRYPTION
- CLOUD ENCRYPTION
- MARKET BY INDUSTRIAL VERTICAL
- BFSI
- IT & TELECOM
- GOVERNMENT & PUBLIC SECTOR
- RETAIL
- HEALTHCARE
- AEROSPACE & DEFENSE
- MEDIA & ENTERTAINMENT
- OTHERS
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