EUROPE ENCRYPTION SOFTWARE MARKET 2019-2028

ICT | IT Hardware and data centers

EUROPE ENCRYPTION SOFTWARE MARKET 2019-2028

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

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As per Triton's research report, the Europe encryption software market is evaluated to garner a CAGR of 12.86% during the given period of 2019-2028.


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The countries considered in this market comprise:

•        The UK

•        Spain

•        Germany

•        Italy

•        France

•        Russia

•        Rest of Europe

In the United Kingdom, there is a growth in demand for encryption services to guard the integrity and confidentiality of information that is transferred over the internet. This has led the government to recommend measures for licensing encryption technology companies that provide such services. Moreover, the licensing policy aims to protect consumer privacy through encryption, along with disclosing the encryption key to the law enforcement agencies to tackle serious crimes and terrorism. This effort by the government authorities to safeguard the information through encryption, and the promotion of interception policies are expected to widen the country's encryption software market progress.

In France, the government has initiated major reforms relating to cybersecurity policies. For instance, telecom companies are permitted to scan their networks for technical clues of any expected or ongoing attack. Further, the encrypted items primarily function to ensure the security of the transferred or stored data, while ensuring its confidentiality and integrity. As per the regulations, the encrypted files are dependent on either a declaration or an authorization procedure before they are imported or exported to and from France. Such reforms assist in maintaining the demand for encryption technologies to keep the data secured, simultaneously enhancing the French market for encryption software.

Sophos Holding Ltd is one of the leading companies to provide data protection and information technology security solutions to safeguard against data loss and threats. The company offers Secure Web Gateway, a web protection solution, and Secure Email Gateway, an email protection solution, among various others. It also provides its consumer base with mobile control, Sophos cloud, SafeGaurd encryption, and endpoint protection. The firm serves multiple sectors such as education, healthcare, government, and emergency service sectors. It has its headquarters in the United Kingdom.

 

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Table of Content

1.    EUROPE 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.    EUROPE ENCRYPTION SOFTWARE MARKET OUTLOOK - BY COMPONENT       

3.1. SOFTWARE           

3.2. SERVICES 

4.    EUROPE ENCRYPTION SOFTWARE MARKET OUTLOOK - BY DEPLOYMENT     

4.1. ON-PREMISE        

4.2. CLOUD       

5.    EUROPE ENCRYPTION SOFTWARE MARKET OUTLOOK - BY ORGANIZATION SIZE    

5.1. LARGE ENTERPRISES  

5.2. SMALL & MEDIUM ENTERPRISES     

6.    EUROPE ENCRYPTION SOFTWARE MARKET OUTLOOK - BY FUNCTION

6.1. DISK ENCRYPTION        

6.2. COMMUNICATION ENCRYPTION       

6.3. FILE/FOLDER ENCRYPTION    

6.4. CLOUD ENCRYPTION    

7.    EUROPE 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.    EUROPE ENCRYPTION SOFTWARE MARKET - REGIONAL OUTLOOK                   

8.1. UNITED KINGDOM          

8.2. GERMANY 

8.3. FRANCE    

8.4. SPAIN         

8.5. ITALY          

8.6. RUSSIA      

8.7. REST OF EUROPE          

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. EUROPE ENCRYPTION SOFTWARE MARKET, BY COUNTRY, 2019-2028 (IN $ MILLION)

TABLE 2. MARKET ATTRACTIVENESS INDEX

TABLE 3. VENDOR SCORECARD

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

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

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

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

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

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

 

List of Figures

FIGURE 1. PORTER’S FIVE FORCES ANALYSIS

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

FIGURE 26. RUSSIA ENCRYPTION SOFTWARE MARKET 2019-2028 (IN $ MILLION)

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

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