ASIA-PACIFIC ENCRYPTION SOFTWARE MARKET 2019-2028

ICT | IT Hardware and data centers

ASIA-PACIFIC ENCRYPTION SOFTWARE MARKET 2019-2028

Market by Component, Deployment, Organization Size, Function, End-user, and Country | Forecast 2019-2028

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The Asia-Pacific market for encryption software is expected to display growth at 15.06% of CAGR during the estimated period 2019-2028.


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The countries examined in this market include:

•        India

•        China

•        Japan

•        Australia & New Zealand

•        South Korea

•        ASEAN countries

•        Rest of APAC

In China, the average number of cyberattacks has increased drastically, which resulted in the authorities to recognize the significance of cybersecurity. The implementation of new cyber laws, such as the Cybersecurity Multi-Level Protection Scheme (MLPS 2.0), has enabled the government to have unrestricted access to all data over Chinese servers or transmitted through Chinese networks. Further, the cryptographic password management law is another regulation that aims to put forth standards for cryptography application and password management. This law helps in diminishing the nation’s cyber vulnerabilities to a large extent. Hence, the above-stated factors show a continual growth in the use of encryption technology in China, which provides a positive growth environment for the studied market.

South Korea is another country in the region that is facing the issues associated with cyberattacks due to a rise in the number of connected devices, higher use of mobile devices, and significant intellectual properties. Also, the adoption of cloud and other advanced technologies are creating more substantial security risks, compelling companies to concentrate on data protection solutions. Moreover, South Korea has the highest number of companies to transfer data to the cloud, driving more encryption and increased usage of hardware security modules to protect encryption keys. This need to protect data using encryption technology is expected to enhance the encryption software market’s progress in the country.

Cisco Systems Inc is involved in designing, manufacturing, and selling internet protocol (IP) based networking products and services. The company’s products include switches, routers, security products, and cable modem, among others. The Cisco Email Security has robust data loss prevention and content-encryption capabilities to protect sensitive information. Its operations are in various regions, including Asia-Pacific.

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Table of Content

1.    ASIA-PACIFIC 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.    ASIA-PACIFIC ENCRYPTION SOFTWARE MARKET OUTLOOK - BY COMPONENT         

3.1. SOFTWARE           

3.2. SERVICES 

4.    ASIA-PACIFIC ENCRYPTION SOFTWARE MARKET OUTLOOK - BY DEPLOYMENT        

4.1. ON-PREMISE        

4.2. CLOUD       

5.    ASIA-PACIFIC ENCRYPTION SOFTWARE MARKET OUTLOOK - BY ORGANIZATION SIZE     

5.1. LARGE ENTERPRISES  

5.2. SMALL & MEDIUM ENTERPRISES     

6.    ASIA-PACIFIC ENCRYPTION SOFTWARE MARKET OUTLOOK - BY FUNCTION   

6.1. DISK ENCRYPTION        

6.2. COMMUNICATION ENCRYPTION       

6.3. FILE/FOLDER ENCRYPTION    

6.4. CLOUD ENCRYPTION    

7.    ASIA-PACIFIC 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.    ASIA-PACIFIC ENCRYPTION SOFTWARE MARKET - REGIONAL OUTLOOK         

8.1. CHINA         

8.2. JAPAN        

8.3. INDIA           

8.4. SOUTH KOREA    

8.5. ASEAN COUNTRIES       

8.6. AUSTRALIA & NEW ZEALAND 

8.7. REST OF ASIA-PACIFIC

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

List of Tables

TABLE 1. ASIA-PACIFIC ENCRYPTION SOFTWARE MARKET, BY COUNTRY, 2019-2028 (IN $ MILLION)

TABLE 2. MARKET ATTRACTIVENESS INDEX

TABLE 3. VENDOR SCORECARD

TABLE 4. ASIA-PACIFIC ENCRYPTION SOFTWARE MARKET, BY COMPONENT, 2019-2028 (IN $ MILLION)

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

TABLE 6. ASIA-PACIFIC ENCRYPTION SOFTWARE MARKET, BY ORGANIZATION SIZE, 2019-2028 (IN $ MILLION)

TABLE 7. ASIA-PACIFIC ENCRYPTION SOFTWARE MARKET, BY FUNCTION, 2019-2028 (IN $ MILLION)

TABLE 8. ASIA-PACIFIC ENCRYPTION SOFTWARE MARKET, BY END-USER, 2019-2028 (IN $ MILLION)

TABLE 9. ASIA-PACIFIC ENCRYPTION SOFTWARE MARKET, BY COUNTRY, 2019-2028 (IN $ MILLION)

List of Figures

FIGURE 1. PORTER’S FIVE FORCES ANALYSIS

FIGURE 2. ASIA-PACIFIC ENCRYPTION SOFTWARE MARKET, BY SOFTWARE, 2019-2028 (IN $ MILLION)

FIGURE 3. ASIA-PACIFIC ENCRYPTION SOFTWARE MARKET, BY SERVICES, 2019-2028 (IN $ MILLION)

FIGURE 4. ASIA-PACIFIC ENCRYPTION SOFTWARE MARKET, BY ON-PREMISE, 2019-2028 (IN $ MILLION)

FIGURE 5. ASIA-PACIFIC ENCRYPTION SOFTWARE MARKET, BY CLOUD, 2019-2028 (IN $ MILLION)

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

FIGURE 7. ASIA-PACIFIC ENCRYPTION SOFTWARE MARKET, BY SMALL & MEDIUM ENTERPRISES, 2019-2028 (IN $ MILLION)

FIGURE 8. ASIA-PACIFIC ENCRYPTION SOFTWARE MARKET, BY DISK ENCRYPTION, 2019-2028 (IN $ MILLION)

FIGURE 9. ASIA-PACIFIC ENCRYPTION SOFTWARE MARKET, BY COMMUNICATION ENCRYPTION, 2019-2028 (IN $ MILLION)

FIGURE 10. ASIA-PACIFIC ENCRYPTION SOFTWARE MARKET, BY FILE/FOLDER ENCRYPTION, 2019-2028 (IN $ MILLION)

FIGURE 11. ASIA-PACIFIC ENCRYPTION SOFTWARE MARKET, BY CLOUD ENCRYPTION, 2019-2028 (IN $ MILLION)

FIGURE 12. ASIA-PACIFIC ENCRYPTION SOFTWARE MARKET, BY BFSI, 2019-2028 (IN $ MILLION)

FIGURE 13. ASIA-PACIFIC ENCRYPTION SOFTWARE MARKET, BY IT & TELECOM, 2019-2028 (IN $ MILLION)

FIGURE 14. ASIA-PACIFIC ENCRYPTION SOFTWARE MARKET, BY GOVERNMENT & PUBLIC SECTOR, 2019-2028 (IN $ MILLION)

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

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

FIGURE 17. ASIA-PACIFIC ENCRYPTION SOFTWARE MARKET, BY AEROSPACE & DEFENSE, 2019-2028 (IN $ MILLION)

FIGURE 18. ASIA-PACIFIC ENCRYPTION SOFTWARE MARKET, BY MEDIA & ENTERTAINMENT, 2019-2028 (IN $ MILLION)

FIGURE 19. ASIA-PACIFIC ENCRYPTION SOFTWARE MARKET, BY OTHERS, 2019-2028 (IN $ MILLION)

FIGURE 20. ASIA-PACIFIC ENCRYPTION SOFTWARE MARKET, REGIONAL OUTLOOK, 2019 AND 2028 (IN %)

FIGURE 21. CHINA ENCRYPTION SOFTWARE MARKET 2019-2028 (IN $ MILLION)

FIGURE 22. JAPAN ENCRYPTION SOFTWARE MARKET 2019-2028 (IN $ MILLION)

FIGURE 23. INDIA ENCRYPTION SOFTWARE MARKET 2019-2028 (IN $ MILLION)

FIGURE 24. SOUTH KOREA ENCRYPTION SOFTWARE MARKET 2019-2028 (IN $ MILLION)

FIGURE 25. ASEAN COUNTRIES ENCRYPTION SOFTWARE MARKET 2019-2028 (IN $ MILLION)

FIGURE 26. AUSTRALIA & NEW ZEALAND ENCRYPTION SOFTWARE MARKET 2019-2028 (IN $ MILLION)

FIGURE 27. REST OF ASIA-PACIFIC ENCRYPTION SOFTWARE MARKET 2019-2028 (IN $ MILLION)

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