Published On : November 2017 Pages : 116 Category: Next Generation Technology Report Code : IC11387
Industry Outlook and Trend Analysis
The Cloud Encryption Market was worth USD billion in the year 2017 and is expected to reach approximately USD billion by 2023, while registering itself at a compound annual growth rate (CAGR) of % during the forecast period. The worldwide cloud encryption market is anticipated to encounter a critical development over the figure time frame. The expanding selection of software as a service (SaaS) and infrastructure as service (IaaS) models dominatingly in developing countries is emphatically affecting cloud encryption advertise. Cloud encryption is the change of a cloud benefit client's information into ciphertext. Cloud encryption is practically indistinguishable to in-house encryption with one vital contrast that the cloud client must set aside opportunity to find out about the supplier's strategies and methodology for encryption and encryption key administration. The cloud encryption abilities of the specialist organization need to coordinate the level of affectability of the information being facilitated.
Service Model Outlook and Trend Analysis
On the basis of Service Model, the worldwide Cloud Encryption market is segmented into IaaS, SaaS and PaaS. SaaS section of the service model segment is expected to generate highest market share over the forecast period owing to the rising adoption of (SaaS) in developing economies. For example, in North America, organizations that are engaged with giving cloud based administrations and arrangements are going into coordinated efforts with each other and are engaged to offer different propelled advances to shoppers which indicate increase in demand of SaaS. Moreover, rising application of BYOD practices and fast progressions in cloud innovation with a specific end goal to give high security to private and classified information will also fuel the growth of cloud encryption market.
Industry Vertical Outlook and Trend Analysis
The worldwide cloud encryption market is segmented into BFSI, Healthcare, Government and Utilities, Telecom and IT, Retail, Aerospace and Defense and other industry verticals, on the basis of industry vertical. Healthcare sections of the industry vertical segment is expected to generate highest market share over the forecast period owing to the rising adoption of cloud encryption in the healthcare sectors for better patient management. Moreover, increasing complexities of IT systems and ability to deploy new applications will also fuel the growth of the market in the upcoming years.
Regional Outlook and Trend Analysis
North America held a significant share of the Cloud Encryption Market in 2017 due to the increasing adoption of the cloud encryption in the healthcare sectors and increase in investments in the private sectors. The Asia-Pacific market has not experienced any substantial growth due to high pricing and low Government initiatives towards the market, but can experience favorable growth in coming years owing to increasing in disposable income in the region.
Competitive Insights
The market includes various competitors prevailing across the regions. The major players in the market are CipherCloud Inc., Hytrust Inc., Gemalto NV, IBM Corporation, Netskope Inc., Secomba GmbH, Skyhigh Networks, Sophos Group Plc., Symantec Corporation, and Thales e-Security Inc. are involved in strategic acquisition and mergers for further product development.
The Cloud Encryption Market is segmented as follows-
By Service Model:
By Industry Vertical:
By Region
Some of the key questions answered by the report are:
Market Classification
Table of Contents
1. Introduction
1.1. Report Description
1.2. Research Methodology
1.2.1. Secondary Research
1.2.2. Primary Research
2. Executive Summary
2.1. Key Highlights
3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
4. Cloud Encryption Market, By Service Model
4.1. Introduction
4.2. Cloud Encryption Market Assessment and Forecast, By Service Model, 2017-2023
4.3. IaaS
4.3.1. Market Assessment and Forecast, By Region, 2017-2023 ($Million)
4.4. SaaS
4.4.1. Market Assessment and Forecast, By Region, 2017-2023 ($Million)
4.5. PaaS
4.5.1. Market Assessment and Forecast, By Region, 2017-2023 ($Million)
5. Cloud Encryption Market, By Industry
5.1. Introduction
5.2. The Cloud Encryption MarketAssessment and Forecast, By Industry, 2017-2023
5.3. Government and Utilities
5.3.1. Market Assessment and Forecast, By Region, 2017-2023 ($Million)
5.4. Healthcare
5.4.1. Market Assessment and Forecast, By Region, 2017-2023 ($Million)
5.5. Telecom and IT
5.5.1. Market Assessment and Forecast, By Region, 2017-2023 ($Million)
5.6. BFSI
5.6.1. Market Assessment and Forecast, By Region, 2017-2023 ($Million)
5.7. Aerospace and Defense
5.7.1. Market Assessment and Forecast, By Region, 2017-2023 ($Million)
5.8. Retail
5.8.1. Market Assessment and Forecast, By Region, 2017-2023 ($Million)
6. Cloud Encryption Market, By Region
6.1. Introduction
6.2. Cloud Encryption Market Assessment and Forecast, By Region, 2017-2023 ($Million)
6.3. North America
6.3.1. Market Assessment and Forecast, By Country, 2017-2023 ($Million)
6.3.2. Market Assessment and Forecast, By Service Model, 2017-2023 ($Million)
6.3.3. Market Assessment and Forecast, By Industry, 2017-2023 ($Million)
6.3.4. U.S.
6.3.4.1. Market Assessment and Forecast, By Service Model, 2017-2023 ($Million)
6.3.4.2. Market Assessment and Forecast, By Industry, 2017-2023 ($Million)
6.3.5. Canada
6.3.5.1. Market Assessment and Forecast, By Service Model, 2017-2023 ($Million)
6.3.5.2. Market Assessment and Forecast, By Industry, 2017-2023 ($Million)
6.3.6. Mexico
6.3.6.1. Market Assessment and Forecast, By Service Model, 2017-2023 ($Million)
6.3.6.2. Market Assessment and Forecast, By Industry, 2017-2023 ($Million)
6.4. Europe
6.4.1. Market Assessment and Forecast, By Country, 2017-2023 ($Million)
6.4.2. Market Assessment and Forecast, By Service Model, 2017-2023 ($Million)
6.4.3. Market Assessment and Forecast, By Industry, 2017-2023 ($Million)
6.4.4. Germany
6.4.4.1. Market Assessment and Forecast, By Service Model, 2017-2023 ($Million)
6.4.4.2. Market Assessment and Forecast, By Industry, 2017-2023 ($Million)
6.4.5. France
6.4.5.1. Market Assessment and Forecast, By Service Model, 2017-2023 ($Million)
6.4.5.2. Market Assessment and Forecast, By Service Model, 2017-2023 ($Million)
6.4.6. UK
6.4.6.1. Market Assessment and Forecast, By Service Model, 2017-2023 ($Million)
6.4.6.2. Market Assessment and Forecast, By Industry, 2017-2023 ($Million)
6.4.7. Italy
6.4.7.1. Market Assessment and Forecast, By Service Model, 2017-2023 ($Million)
6.4.7.2. Market Assessment and Forecast, By Industry, 2017-2023 ($Million)
6.4.8. Spain
6.4.8.1. Market Assessment and Forecast, By Service Model, 2017-2023 ($Million)
6.4.8.2. Market Assessment and Forecast, By Industry, 2017-2023 ($Million)
6.4.9. Rest of Europe
6.4.9.1. Market Assessment and Forecast, By Service Model, 2017-2023 ($Million)
6.4.9.2. Market Assessment and Forecast, By Industry, 2017-2023 ($Million)
6.5. Asia-Pacific
6.5.1. Market Assessment and Forecast, By Country, 2017-2023 ($Million)
6.5.2. Market Assessment and Forecast, By Service Model, 2017-2023 ($Million)
6.5.3. Market Assessment and Forecast, By Industry, 2017-2023 ($Million)
6.5.4. Japan
6.5.4.1. Market Assessment and Forecast, By Service Model, 2017-2023 ($Million)
6.5.4.2. Market Assessment and Forecast, By Industry, 2017-2023 ($Million)
6.5.5. China
6.5.5.1. Market Assessment and Forecast, By Service Model, 2017-2023 ($Million)
6.5.5.2. Market Assessment and Forecast, By Industry, 2017-2023 ($Million)
6.5.6. Australia
6.5.6.1. Market Assessment and Forecast, By Service Model, 2017-2023 ($Million)
6.5.6.2. Market Assessment and Forecast, By Industry, 2017-2023 ($Million)
6.5.7. India
6.5.7.1. Market Assessment and Forecast, By Service Model, 2017-2023 ($Million)
6.5.7.2. Market Assessment and Forecast, By Industry, 2017-2023 ($Million)
6.5.8. South Korea
6.5.8.1. Market Assessment and Forecast, By Service Model, 2017-2023 ($Million)
6.5.8.2. Market Assessment and Forecast, By Industry, 2017-2023 ($Million)
6.5.9. Rest of Asia-Pacific
6.5.9.1. Market Assessment and Forecast, By Service Model, 2017-2023 ($Million)
6.5.9.2. Market Assessment and Forecast, By Industry, 2017-2023 ($Million)
6.6. Rest of the World
6.6.1. Market Assessment and Forecast, By Country, 2017-2023 ($Million)
6.6.2. Market Assessment and Forecast, By Service Model, 2017-2023 ($Million)
6.6.3. Market Assessment and Forecast, By Industry, 2017-2023 ($Million)
6.6.4. Brazil
6.6.4.1. Market Assessment and Forecast, By Service Model, 2017-2023 ($Million)
6.6.4.2. Market Assessment and Forecast, By Industry, 2017-2023 ($Million)
6.6.5. Turkey
6.6.5.1. Market Assessment and Forecast, By Service Model, 2017-2023 ($Million)
6.6.5.2. Market Assessment and Forecast, By Industry, 2017-2023 ($Million)
6.6.6. Saudi Arabia
6.6.6.1. Market Assessment and Forecast, By Service Model, 2017-2023 ($Million)
6.6.6.2. Market Assessment and Forecast, By Industry, 2017-2023 ($Million)
6.6.7. South Africa
6.6.7.1. Market Assessment and Forecast, By Service Model, 2017-2023 ($Million)
6.6.7.2. Market Assessment and Forecast, By Industry, 2017-2023 ($Million)
6.6.8. United Arab Emirates
6.6.8.1. Market Assessment and Forecast, By Service Model, 2017-2023 ($Million)
6.6.8.2. Market Assessment and Forecast, By Industry, 2017-2023 ($Million)
6.6.9. Others
6.6.9.1. Market Assessment and Forecast, By Service Model, 2017-2023 ($Million)
6.6.9.2. Market Assessment and Forecast, By Industry, 2017-2023 ($Million)
7. Company Profiles
7.1. IBM Corporation
7.1.1. Business Overview
7.1.2. Product Portfolio
7.1.3. Key Financials
7.1.4. Strategic Developments
7.2. Netskope Inc.
7.2.1. Business Overview
7.2.2. Product Portfolio
7.2.3. Key Financials
7.2.4. Strategic Developments
7.3. CipherCloud Inc.
7.3.1. Business Overview
7.3.2. Product Portfolio
7.3.3. Key Financials
7.3.4. Strategic Developments
7.4. Hytrustinc.
7.4.1. Business Overview
7.4.2. Product Portfolio
7.4.3. Key Financials
7.4.4. Strategic Developments
7.5. Gemalto NV
7.5.1. Business Overview
7.5.2. Product Portfolio
7.5.3. Strategic Developments
7.6. Symantec Corporation
7.6.1. Business Overview
7.6.2. Product Portfolio
7.6.3. Strategic Developments
7.7. Secomba GmbH
7.7.1. Business Overview
7.7.2. Product Portfolio
7.7.3. Strategic Developments
7.8. Skyhigh Networks
7.8.1. Business Overview
7.8.2. Product Portfolio
7.8.3. Key Financials
7.8.4. Strategic Developments
7.9. Thales e-Security
7.9.1. Business Overview
7.9.2. Product Portfolio
7.9.3. Strategic Developments
List of Tables
Table 1.Global Cloud Encryption Market, By Service Model ($Million), 2017-2023
Table 2.IaaSMarket, By Region ($Million), 2017-2023
Table 3.SaaS Market, By Region ($Million), 2017-2023
Table 4.PaaS Market, By Region ($Million), 2017-2023
Table 5.Global Cloud Encryption Market, By Industry ($Million), 2017-2023
Table 6.Government and Utilities Market, By Region ($Million), 2017-2023
Table 7.Healthcare Market, By Region ($Million), 2017-2023
Table 8.Telecom and ITMarket, By Region ($Million), 2017-2023
Table 9.BFSI Market, By Region ($Million), 2017-2023
Table 10.Aerospace and Defense Market, By Region ($Million), 2017-2023
Table 11.Retail Market, By Region ($Million), 2017-2023
Table 12.Cloud Encryption Market, By Region ($Million), 2017-2023
Table 13.North America Cloud Encryption Market, By Country, 2017-2023 ($Million)
Table 14.North America Cloud Encryption Market, By Service Model, 2017-2023 ($Million)
Table 15.North America Cloud Encryption Market, By Industry, 2017-2023 ($Million)
Table 16.U.S. Cloud Encryption Market, By Service Model, 2017-2023 ($Million)
Table 17.U.S. Cloud Encryption Market, By Industry, 2017-2023 ($Million)
Table 18.Canada Cloud Encryption Market, By Service Model, 2017-2023 ($Million)
Table 19.Canada Cloud Encryption Market, By Industry, 2017-2023 ($Million)
Table 20.Mexico Cloud Encryption Market, By Service Model, 2017-2023 ($Million)
Table 21.Mexico Cloud Encryption Market, By Industry, 2017-2023 ($Million)
Table 22.Europe Cloud Encryption Market, By Country, 2017-2023 ($Million)
Table 23.Europe Cloud Encryption Market, By Service Model, 2017-2023 ($Million)
Table 24.Europe Cloud Encryption Market, By Industry, 2017-2023 ($Million)
Table 25.Germany Cloud Encryption Market, By Service Model, 2017-2023 ($Million)
Table 26.Germany Cloud Encryption Market, By Industry, 2017-2023 ($Million)
Table 27.France Cloud Encryption Market, By Service Model, 2017-2023 ($Million)
Table 28.France Cloud Encryption Market, By Industry, 2017-2023 ($Million)
Table 29.UK Cloud Encryption Market, By Service Model, 2017-2023 ($Million)
Table 30.UK Cloud Encryption Market, By Industry, 2017-2023 ($Million)
Table 31.Italy Cloud Encryption Market, By Service Model, 2017-2023 ($Million)
Table 32.Italy Cloud Encryption Market, By Industry, 2017-2023 ($Million)
Table 33.Spain Cloud Encryption Market, By Service Model, 2017-2023 ($Million)
Table 34.Spain Cloud Encryption Market, By Industry, 2017-2023 ($Million)
Table 35.Rest of Europe Cloud Encryption Market, By Service Model, 2017-2023 ($Million)
Table 36.Rest of Europe Cloud Encryption Market, By Industry, 2017-2023 ($Million)
Table 37.Asia-Pacific Cloud Encryption Market, By Country, 2017-2023 ($Million)
Table 38.Asia-Pacific Cloud Encryption Market, By Service Model, 2017-2023 ($Million)
Table 39.Asia-Pacific Cloud Encryption Market, By Industry, 2017-2023 ($Million)
Table 40.Japan Cloud Encryption Market, By Service Model, 2017-2023 ($Million)
Table 41.Japan Cloud Encryption Market, By Industry, 2017-2023 ($Million)
Table 42.China Cloud Encryption Market, By Service Model, 2017-2023 ($Million)
Table43.China Cloud Encryption Market, By Industry, 2017-2023 ($Million)
Table 44.Australia Cloud Encryption Market, By Service Model, 2017-2023 ($Million)
Table 45.Australia Cloud Encryption Market, By Industry, 2017-2023 ($Million)
Table 46.India Cloud Encryption Market, By Service Model, 2017-2023 ($Million)
Table 47.India Cloud Encryption Market, By Industry, 2017-2023 ($Million)
Table 48.South Korea Cloud Encryption Market, By Service Model, 2017-2023 ($Million)
Table 49.South Korea Cloud Encryption Market, By Industry, 2017-2023 ($Million)
Table 50.Rest of Asia-Pacific Cloud Encryption Market, By Service Model, 2017-2023 ($Million)
Table 51.Rest of Asia-Pacific Cloud Encryption Market, By Industry, 2017-2023 ($Million)
Table 52.Rest of the World Cloud Encryption Market, By Country, 2017-2023 ($Million)
Table 53.Rest of the World Cloud Encryption Market, By Service Model, 2017-2023 ($Million)
Table 54.Rest of the World Cloud Encryption Market, By Industry, 2017-2023 ($Million)
Table 55.Brazil Cloud Encryption Market, By Service Model, 2017-2023 ($Million)
Table 56.Brazil Cloud Encryption Market, By Industry, 2017-2023 ($Million)
Table 57.Turkey Cloud Encryption Market, By Service Model, 2017-2023 ($Million)
Table 58.Turkey Cloud Encryption Market, By Industry, 2017-2023 ($Million)
Table 59.Saudi Arabia Cloud Encryption Market, By Service Model, 2017-2023 ($Million)
Table 60.Saudi Arabia Cloud Encryption Market, By Industry, 2017-2023 ($Million)
Table 61.South Africa Cloud Encryption Market, By Service Model, 2017-2023 ($Million)
Table 62.South Africa Cloud Encryption Market, By Industry, 2017-2023 ($Million)
Table 63.United Arab Emirates Cloud Encryption Market, By Service Model, 2017-2023 ($Million)
Table 64.United Arab Emirates Cloud Encryption Market, By Industry, 2017-2023 ($Million)
Table 65.Others Cloud Encryption Market, By Service Model, 2017-2023 ($Million)
Table 66.Others Cloud Encryption Market, By Industry, 2017-2023 ($Million)
Table 67.IBM Corporation: Key Strategic Developments, 2017-2017
Table 68.Netskope Inc.: Key Strategic Developments, 2017-2017
Table 69.CipherCloud Inc.: Key Strategic Developments, 2017-2017
Table 70.Hytrust inc.: Key Strategic Developments, 2017-2017
Table 71.Gemalto NV: Key Strategic Developments, 2017-2017
Table 72.Symantec Corporation: Key Strategic Developments, 2017-2017
Table 73.Secomba GmbH: Key Strategic Developments, 2017-2017
Table 74.Skyhigh Networks: Key Strategic Developments, 2017-2017
Table 75.Thales e-Security: Key Strategic Developments, 2017-2017
List of Figures
Figure 1.Global Cloud Encryption Market Share, By Service Model, 2017 & 2023
Figure 2.Cloud Encryption Market, By Industry, 2017, ($Million)
Figure 3.Cloud Encryption Market, By Region, 2017, ($Million)
Figure 4.IBM Corporation: Net Revenues, 2017-2017 ($Million)
Figure 5.IBM Corporation: Net Revenue Share, By Segment, 2017
Figure 6.IBM Corporation: Net Revenue Share, By Geography, 2017
Research Methodology
We use both primary as well as secondary research for our market surveys, estimates and for developing forecast. Our research process commence by analyzing the problem which enable us to design the scope for our research study. Our research process is uniquely designed with enough flexibility to adjust according to changing nature of products and markets, while retaining core element to ensure reliability and accuracy in research findings. We understand both macro and micro-economic factors to evaluate and forecast different market segments.
Data Mining
Data is extensively collected through various secondary sources such as annual reports, investor presentations, SEC filings, and other corporate publications. We also refer trade magazines, technical journals, paid databases such as Factiva and Bloomberg, industry trade journals, scientific journals, and social media data to understand market dynamics and industry trends. Further, we also conduct primary research to understand market drivers, restraints, opportunities, challenges, and competitive scenario to build our analysis.
Data Collection Matrix
Data Collection Matrix |
Supply Side |
Demand Side |
Primary Data Sources |
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Secondary Data Sources |
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Market Modeling and Forecasting
We use epidemiology and capital equipment-based models to forecast market size of different segments at country and regional level.
We do forecast on basis of several parameters such as market drivers, market opportunities, industry trends government regulations, raw materials supply and trade dynamics to ensure relevance of forecast with market scenario. With increasing need to granulized information, we used bottom-up methodology for forecasting where we evaluate each regional segment differently and combined all forecast to develop final market forecast.
Data Validation
We believe primary research is a very important tool in analyzing and forecasting different markets. In order to make sure accuracy of our findings, our team conducts primary interviews at every stage of research to gain deep insights into current business environment and future trends and key developments in market. This includes use of various methods such as telephonic interviews, focus groups, face to face interviews and questionnaires to validate our research from all aspects. We validate our data through primary research from key industry leaders such as CEO, product managers, marketing managers, suppliers, distributors, and consumers are frequently interviewed. These interviews provide valuable insights which help us to have better market understanding besides validating our estimates and forecast.
Data Triangulation
Industry Analysis
Qualitative Data |
Quantitative Data (2017-2025) |
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