Worldwide Outlook on the Network Encryption Market 2018-2023 - Rapid Adoption of Cloud Technology Requires Organizations to Deploy Network Encryption Solutions - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Jan 2, 2019--The “Network Encryption Market by Component (Hardware, Platform and Services), Transmission Type (Traditional Transmission and Optical Transmission), Data Rate, Organization Size, Vertical, and Region - Global Forecast to 2023” report has been added to ResearchAndMarkets.com’s offering.
The global network encryption market size is expected to grow from USD 2.9 billion in 2018 to USD 4.6 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 9.8% during the forecast period.
Major growth factors for the market include an increasing demand to meet different regulatory compliances and a growing focus on shielding organizations from network security breaches. However, frequent changes in government policies for data protection across regions may hinder market growth.
The study includes an in-depth competitive analysis of key players in the network encryption market, with their company profiles, recent developments, and key market strategies.
Key HighlightsThe SMEs segment to grow at the highest CAGR during the forecast period The traditional transmission type to hold the highest market share during the forecast period Asia Pacific (APAC) to record the highest growth rate during the forecast period
DriversGrowing Demand to Comply With the Large Number of Regulatory Standards Growing Need to Shield Organizations from Network Security Breaches
RestraintsFrequent Changes in Government Policies for Data Protection Across Different Regions
OpportunitiesRapid Adoption of Cloud Technology Requires Organizations to Deploy Network Encryption Solutions Growing Adoption of IoT in Various Applications
ChallengesHigh Cost of Network Encryption Solutions
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview and Industry Trends
6 Network Encryption Market, By Transmission Type
7 Network Encryption Market, By Component
8 Network Encryption Market, By Data Rate
9 Network Encryption Market, By Organization Size
10 Network Encryption Market, By Vertical
11 Network Encryption Market, By Region
12 Competitive Landscape
13 Company ProfilesAdva Arris Aruba Atmedia Atos Certes Networks Ciena Cisco Colt Technology Services ECI Telecom F5 Networks Gemalto Huawei Juniper Networks Nokia PacketLight Networks Quantum Corporation Raytheon Rohde & Schwarz Cybersecurity Securosys Senetas Stormshield Technical Communication Corporation Thales Esecurity Viasat
For more information about this report visit https://www.researchandmarkets.com/research/pxpj6w/worldwide_outlook?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20190102005391/en/
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Related Topics:IT Security
INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT INTERNET NETWORKS SECURITY
SOURCE: Research and Markets
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PUB: 01/02/2019 10:23 AM/DISC: 01/02/2019 10:22 AM