Mobile Encryption Market Analysis and Forecast to 2024
The majority of the telecom companies rely on communication encryption for securing the data in motion, such as calls and messages for their customers.
(EMAILWIRE.COM, April 24, 2018 ) Mobile Encryption Market accounted for USD 643.67 billion in 2016 and is accounted to grow at a CAGR of 32.1% during the forecast period of 2017 to 2024.
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Mobile encryption market include the proliferation of smartphones and tablets across enterprises, need for stringent compliance and regulatory requirements, and increased concerns for data security and privacy issues. Moreover, with the subsequent increase in the adoption rate of cloud-based mobile encryption solutions, the mobile encryption market is expected to gain a major traction during the forecast period.
Disk encryption is expected to have the largest market share and dominate the mobile encryption market from 2017 to 2024, due to growing demands for hardware-based encryptions that ensure data security at the source. With the increase in the BYOD trend, employees have the freedom to carry personal devices and exchange of critical data via personal devices is made possible. Adoption of strong encryptions can protect the confidential data, even if an employee’s device is lost or stolen.
Telecom and healthcare sectors are expected to grow at the highest CAGRs from 2017 to 2024, in the mobile encryption market, due to the increase in the amount of personal and health-related data being stored on cell phones, tablets, and the Internet.
By Platform
Solutions
Service
Support and Maintenance
Training and Education
Consulting
By Application
Disk Encryption
File/folder Encryption
Communication Encryption
Cloud Encryption
By development type
On-Premises
Cloud
By Enterprise Size
Small and Medium Scale
Large Scale
By Industry verticals
Banking, Financial Services, and Insurance
Aerospace & Defense
Healthcare
Public Sector
IT & Telecom
Retail
Other
By Region
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Russia
Rest of Europe
Asia-Pacific
Australia
China
India
Japan
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
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FREE | Request Sample Copy is Available @ http://www.reportsweb.com/inquiry&RW00011237621/sample
Mobile encryption market include the proliferation of smartphones and tablets across enterprises, need for stringent compliance and regulatory requirements, and increased concerns for data security and privacy issues. Moreover, with the subsequent increase in the adoption rate of cloud-based mobile encryption solutions, the mobile encryption market is expected to gain a major traction during the forecast period.
Disk encryption is expected to have the largest market share and dominate the mobile encryption market from 2017 to 2024, due to growing demands for hardware-based encryptions that ensure data security at the source. With the increase in the BYOD trend, employees have the freedom to carry personal devices and exchange of critical data via personal devices is made possible. Adoption of strong encryptions can protect the confidential data, even if an employee’s device is lost or stolen.
Telecom and healthcare sectors are expected to grow at the highest CAGRs from 2017 to 2024, in the mobile encryption market, due to the increase in the amount of personal and health-related data being stored on cell phones, tablets, and the Internet.
By Platform
Solutions
Service
Support and Maintenance
Training and Education
Consulting
By Application
Disk Encryption
File/folder Encryption
Communication Encryption
Cloud Encryption
By development type
On-Premises
Cloud
By Enterprise Size
Small and Medium Scale
Large Scale
By Industry verticals
Banking, Financial Services, and Insurance
Aerospace & Defense
Healthcare
Public Sector
IT & Telecom
Retail
Other
By Region
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Russia
Rest of Europe
Asia-Pacific
Australia
China
India
Japan
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Complete Report is Available @ http://www.reportsweb.com/inquiry&RW00011237621/buying
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Rajat Sahni
Tel: +1-646-491-9876
Email us
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ReportsWeb.com
Rajat Sahni
Tel: +1-646-491-9876
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results