North America Cloud Encryption Market – Size, Outlook, Trends and Forecast (2024 – 2032)

Published : 30 Aug 2024
Report Type : Regional

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Home > Reports > Cloud Computing > Information Communications Technology > North America Cloud Encryption Market – Size, Outlook, Trends and Forecast (2024 – 2032)
North America Cloud Encryption Market - Size
Study Period
2018 - 2030
Base Year For Estimation
2023
Forecast Data Period
2024-2030
Historical Data Period
2018-2021
CAGR
7 %
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

Cloud encryption is the used to change cloud data into ciphertext to provide security to the data which transfer information from one to another cloud services. This is more applicable to the applications such as data security, files, and another context to have secure data transfer.

North America Cloud Encryption Market Segments Size & Growth:

North America Cloud Encryption Market is accounted for $XX billion in 2017 and expected to grow at a CAGR of XX% to reach $XX billion by 2024 during the forecast period 2018-2024. Major factors that are driving the market growth by an increase in adoption of cloud services. However, lack of awareness about cloud encryption hinders the growth of the North America cloud encryption market.

North America Cloud Encryption Market Segments Share:

North America Cloud Encryption market is categorised into by component which consists solutions and services. Services in North America cloud encryption are expected to grow at a quick pace due to the upgradation of security services and

North America Cloud Encryption Market - Growth
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
increase in cyber threats. On the basics of service model, it is classified by infrastructure-as-a-service, software-as-a-service, and platform-as-a-service. Infrastructure-as-a-service is the leading market owing to the service it provides such as storage, serves, and on-premises private cloud services. Small & medium size enterprise is projected to have the highest growth rate among another organisation size due to the adoption of cloud-based services and BYOD. By end-user, it is segmented as BFSI, telecom &IT, aerospace; defence, retail, healthcare, manufacturing, the federal government, transport/ logistics, and some others. BFSI is projected to have a significant growth because to deliver fast services and reduce the delivering cost. By Geography, U.S. is dominating the growth of the North America cloud encryption market and the growth in North America is mainly attributed to increase the cloud security services as well as transmit. Furthermore, Mexico is witnessing the fastest growth during the forecast period, due to increase in adoption of

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North America Cloud Encryption Market - Porter's Five Force Analysis
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
cloud-based services.

North America Cloud Encryption Market Segments Trends:

  • In July 2017, Vaultive has launched a novel cloud security application to protect sensitive data.
  • In November 2017, IBM Corporation has launched new cloud-based private software platform for public and private investors.

North America Cloud Encryption Research Report:

An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.

To have complete market analysis, industry value chain analysis, Porter’s Five Force Analysis, PESTLE, SWOT analysis, and Y-o-Y analysis were carried to understand the market more comprehensively.

Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year

Identifying DROC in the current market and their impact in altering the market dynamics.

Competitive landscape analysis to identify the mergers and acquisitions which will have a comparative financial study with significant competitors.

Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.

  • Thales E-Security LTD
  • HyTrust, Inc.
  • IBM Corporation
  • CipherCloud
  • Vaultive, Inc.

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