Market by Component, Deployment, Organization Size, Function, End-user, and Country | Forecast 2019-2028
Triton's report infers that the Latin America encryption software market is probable to surge at a CAGR of 12.96% in the estimated period 2019-2028.
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The countries analyzed
in this market include:
• Brazil
• Mexico
• Rest of Latin America
In Brazil, the
implementation of encryption has turned out to be a critical issue owing to the
debates surrounding the use of end-to-end encryption by app providers and the
expansion of the cryptocurrencies market. However, the legislation on internet
use, data protection, and privacy have opened up debates on maintaining the
requirements of law enforcement agencies and promoting secure encryption
technologies.
The end-to-end
encryption is a primary concern as companies adopt technological structures
that restrict the government to access data for official investigation or
prosecution procedures. However, encryption as a means of security measure is
well regulated in the public sector, and acts as a significant element of the
digital identity ecosystem, supervised by the government. This further enables
a higher level of encryption penetration, aiding the studied market's growth in
Brazil.
Mexico is also subject to
digital privacy risks, which has urged the authorities to reform their privacy
and confidentiality laws. Moreover, the policies and reforms help regulate
illegal and favorable encryption uses to attain a poised legal infrastructure
for information technologies. Companies have further adopted enterprise-wide
data protection strategies to protect client information and restrict exposure
from data breaches. This has led numerous enterprises to adopt encryption with
a major focus on safeguarding customer information. Therefore, the rise in
encryption adoption to facilitate data security is likely to propel the
Brazilian encryption software market in the upcoming years.
International Business Machines Corporation (IBM) is a leading cognitive solution and cloud platform provider. It operates as an integrated technology and services company, and provides AI platforms such as data and analytics management, cloud data services, and talent management. The company also offers industry solutions under Watson Platform, Watson Internet of Things, and Watson Health. It has operations across various countries, and even has operations in the Latin America region.
Market by Security Testing Typ ..
VIEW REPORT1. LATIN
AMERICA 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. LATIN
AMERICA ENCRYPTION SOFTWARE MARKET OUTLOOK - BY COMPONENT
3.1. SOFTWARE
3.2. SERVICES
4. LATIN
AMERICA ENCRYPTION SOFTWARE MARKET OUTLOOK - BY DEPLOYMENT
4.1. ON-PREMISE
4.2. CLOUD
5. LATIN
AMERICA ENCRYPTION SOFTWARE MARKET OUTLOOK - BY ORGANIZATION SIZE
5.1. LARGE
ENTERPRISES
5.2. SMALL
& MEDIUM ENTERPRISES
6. LATIN
AMERICA ENCRYPTION SOFTWARE MARKET OUTLOOK - BY FUNCTION
6.1. DISK
ENCRYPTION
6.2. COMMUNICATION
ENCRYPTION
6.3. FILE/FOLDER
ENCRYPTION
6.4. CLOUD
ENCRYPTION
7. LATIN
AMERICA 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. LATIN
AMERICA ENCRYPTION SOFTWARE MARKET - REGIONAL OUTLOOK
8.1. BRAZIL
8.2. MEXICO
8.3. REST
OF LATIN AMERICA
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
TABLE 1. LATIN AMERICA
ENCRYPTION SOFTWARE MARKET, BY COUNTRY, 2019-2028 (IN $ MILLION)
TABLE 2. MARKET
ATTRACTIVENESS INDEX
TABLE 3. VENDOR
SCORECARD
TABLE 4. LATIN AMERICA
ENCRYPTION SOFTWARE MARKET, BY COMPONENT, 2019-2028 (IN $ MILLION)
TABLE 5. LATIN AMERICA
ENCRYPTION SOFTWARE MARKET, BY DEPLOYMENT, 2019-2028 (IN $ MILLION)
TABLE 6. LATIN AMERICA
ENCRYPTION SOFTWARE MARKET, BY ORGANIZATION SIZE, 2019-2028 (IN $ MILLION)
TABLE 7. LATIN AMERICA
ENCRYPTION SOFTWARE MARKET, BY FUNCTION, 2019-2028 (IN $ MILLION)
TABLE 8. LATIN AMERICA
ENCRYPTION SOFTWARE MARKET, BY END-USER, 2019-2028 (IN $ MILLION)
TABLE 9. LATIN AMERICA
ENCRYPTION SOFTWARE MARKET, BY COUNTRY, 2019-2028 (IN $ MILLION)
FIGURE 1. PORTER’S FIVE
FORCES ANALYSIS
FIGURE 2. LATIN AMERICA
ENCRYPTION SOFTWARE MARKET, BY SOFTWARE, 2019-2028 (IN $ MILLION)
FIGURE 3. LATIN AMERICA
ENCRYPTION SOFTWARE MARKET, BY SERVICES, 2019-2028 (IN $ MILLION)
FIGURE 4. LATIN AMERICA
ENCRYPTION SOFTWARE MARKET, BY ON-PREMISE, 2019-2028 (IN $ MILLION)
FIGURE 5. LATIN AMERICA
ENCRYPTION SOFTWARE MARKET, BY CLOUD, 2019-2028 (IN $ MILLION)
FIGURE 6. LATIN AMERICA
ENCRYPTION SOFTWARE MARKET, BY LARGE ENTERPRISES, 2019-2028 (IN $ MILLION)
FIGURE 7. LATIN AMERICA
ENCRYPTION SOFTWARE MARKET, BY SMALL & MEDIUM ENTERPRISES, 2019-2028 (IN $
MILLION)
FIGURE 8. LATIN AMERICA
ENCRYPTION SOFTWARE MARKET, BY DISK ENCRYPTION, 2019-2028 (IN $ MILLION)
FIGURE 9. LATIN AMERICA
ENCRYPTION SOFTWARE MARKET, BY COMMUNICATION ENCRYPTION, 2019-2028 (IN $
MILLION)
FIGURE 10. LATIN
AMERICA ENCRYPTION SOFTWARE MARKET, BY FILE/FOLDER ENCRYPTION, 2019-2028 (IN $
MILLION)
FIGURE 11. LATIN
AMERICA ENCRYPTION SOFTWARE MARKET, BY CLOUD ENCRYPTION, 2019-2028 (IN $
MILLION)
FIGURE 12. LATIN
AMERICA ENCRYPTION SOFTWARE MARKET, BY BFSI, 2019-2028 (IN $ MILLION)
FIGURE 13. LATIN
AMERICA ENCRYPTION SOFTWARE MARKET, BY IT & TELECOM, 2019-2028 (IN $
MILLION)
FIGURE 14. LATIN
AMERICA ENCRYPTION SOFTWARE MARKET, BY GOVERNMENT & PUBLIC SECTOR,
2019-2028 (IN $ MILLION)
FIGURE 15. LATIN
AMERICA ENCRYPTION SOFTWARE MARKET, BY RETAIL, 2019-2028 (IN $ MILLION)
FIGURE 16. LATIN
AMERICA ENCRYPTION SOFTWARE MARKET, BY HEALTHCARE, 2019-2028 (IN $ MILLION)
FIGURE 17. LATIN AMERICA
ENCRYPTION SOFTWARE MARKET, BY AEROSPACE & DEFENSE, 2019-2028 (IN $
MILLION)
FIGURE 18. LATIN
AMERICA ENCRYPTION SOFTWARE MARKET, BY MEDIA & ENTERTAINMENT, 2019-2028 (IN
$ MILLION)
FIGURE 19. LATIN
AMERICA ENCRYPTION SOFTWARE MARKET, BY OTHERS, 2019-2028 (IN $ MILLION)
FIGURE 20. LATIN
AMERICA ENCRYPTION SOFTWARE MARKET, REGIONAL OUTLOOK, 2019 AND 2028 (IN %)
FIGURE 21. BRAZIL
ENCRYPTION SOFTWARE MARKET 2019-2028 (IN $ MILLION)
FIGURE 22. MEXICO
ENCRYPTION SOFTWARE MARKET 2019-2028 (IN $ MILLION)
FIGURE 23. REST OF LATIN AMERICA ENCRYPTION SOFTWARE MARKET 2019-2028 (IN $ MILLION)