Encryption as a Service Market

Report Code TC 9310
Published in Feb, 2025, By MarketsandMarkets™
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Encryption as a Service Market by Service Type (Data Encryption as a Service, Key Management as a Service, Email Encryption as a Service, Application-Level Encryption as a Service), Organization Size, Vertical, and Region - Global Forecast to 2030

 

Overview

The global encryption as a service market size is projected to grow from USD 1.57 billion in 2024 to USD 5.98 billion by 2030 at a Compound Annual Growth Rate (CAGR) of 24.9% during the forecast period. The growth in cloud adoption and increasing concerns regarding critical data loss drive the encryption as a service market. As organizations continue to shift their operations into the cloud, risks regarding data security and privacy grow, making it necessary for them to utilize strong encryption solutions that will protect their sensitive information. This will not only improve operational efficiency but also increase awareness of the possibilities of vulnerability, therefore compelling businesses to give more focus to encryption services. Other than that, the increasing incidents of loss of critical data due to cyberattacks and various types of data breaches such as malware and phishing have also increased the need for encryption solutions, with organizations seeking protection of their assets and maintaining compliance with regulatory standards.

Encryption as a Service Market

Attractive Opportunities in the Encryption as a Service Market

ASIA PACIFIC

Market growth in the Asia Pacific can be attributed to government initiatives and investments, growing adoption of cloud services and increasing digital transformation across industries in the region.

Complexities in key management across diverse environments are expected to pose a challenge to the growth of the market.

Rising demand for integrated data protection solutions among small and medium enterprises and an increase in the adoption of IoT and BYOD trends.

Rising adoption of cloud services and the need for compliance with regulations related to data protection are key factors driving the market growth.

The Asia Pacific encryption as a service market is expected to grow due to the rising adoption of cloud computing leading to a rise in the demand for encryption as a service offerings.

Impact of AI on Encryption as a Service Market

Integrating Gen AI into the encryption as a service market enhances the encryption capabilities and responds to the emerging security challenges. With Gen AI, advanced encryption algorithms are developed to adapt to dynamic threats, thus ensuring higher-level protection for sensitive data. Also, it has another critical role that helps automate encrypted processes like the management of keys and real-time threat detection while reducing human touch with potential errors. Gen AI-powered analytics enable the EaaS service provider to proactively detect possible vulnerabilities through encryption data traffic pattern analysis. Growing sophistication in cyberattacks requires a similar arsenal that Gen AI furnishes for any organization, ready to respond fast to threats identification and risk mitigation. Its integration into customer support systems streamlines the deployment and troubleshooting of encryption, improving user experience.

Encryption as a Service Market Impact

Global Encryption as a Service Market Dynamics

Driver: Need for compliance with regulations regarding data protection

Organizations are facing immense pressure to comply with strict data protection regulations, such as the General Data Protection Regulation (GDPR), Health Insurance Portability and Accountability Act (HIPAA), and Payment Card Industry Data Security Standard (PCI DSS). The regulations impose very stringent security measures to ensure that sensitive information will not be leaked in case of a breach, which increases the demand for encrypted solutions. Non-compliance risks are tremendous, with financial consequences to the companies while also damaging reputations, encouraging businesses to ensure compliance with the standards. As awareness of the need to protect data continues to grow, with new cyber threats and data breaches appearing each day, the demand for encryption services has only grown, primarily from SMEs. With limited resources and the challenge to implement independent security measures, many SMEs turn their attention toward cost-effective scalable encryption solutions offered by the EaaS provider, with minimum integration pains and disruptions with respect to existing IT infrastructure. In addition to this, the general adoption of cloud-based services also drives the demand for a robust encryption strategy in order to maintain the confidentiality and integrity of stored and transmitted data. As companies struggle to comply and protect their data assets, the importance of EaaS will continue to grow and evolve among businesses.

Restraint: Limited control over data

Although EaaS offers flexibility and scalability, most organizations have to lose control of their encryption keys and data management to third-party providers. Thereby, loss of control on data increases data privacy and security issues as the customer needs to trust the service provider for implementing sound encryption practices and compliance with applicable regulations. If an organization does not get direct oversight on the encryption processes then it cannot determine if its confidential data is given enough protection, and if in case the safety measures fail, or there has been a break in on part of the provider, the organizations could also become vulnerable along with the risking of its secret information. It further complicates the issue of compliance with industry standards and regulations that require strict data governance due to reliance on third parties for key management. Beyond that, personalization of encryption policies according to specific operational needs becomes challenging because it is limited by the constraints imposed by the infrastructure and protocols of the service provider. Though EaaS has many benefits, the limitation of having less control over data can restrict the organizations from adopting EaaS, especially those with very high security needs or regulatory compliance.

 

Opportunity: Rise in IoT and BYOD (Bring Your Own Device) adoption

The adoption of IoT devices and BYOD policies expands the market opportunity for the encryption as a service market. In fact, these days, the organizations have widely allowed employees to use their personal devices at workplaces. Thus, the access as well as data transfer over the sensitive information by using personal devices has surged tremendously. This situation has heightened the security risks related to data. Hence, to prevent it, EaaS solutions will be a basic necessity. In addition to this, the integration of IoT technology drives this landscape, as a broader array of devices including wearables and smart home gadgets, are now connected to corporate networks. These devices introduce a significantly increased attack surface for cyber threats while generating enormous amounts of data that require the most robust forms of encryption to ensure safety against theft and loss. Regulatory requirements are forcing companies to implement highly effective encryption policies that secure such sensitive information, especially in industries dealing with personal or financial data. It also signifies the importance of scalable and flexible encryption solutions to accommodate the diversified devices in use. With the growth of BYOD and IoT, EaaS is expected to gain even greater momentum with this.

Challenge: Navigating financial and perceptual hurdles of Encryption as a Service adoption

Organisations are nowadays increasingly adopting infrastructures that work on hybrid or multi-cloud lines, and handling encryption keys there becomes complex to manage. First and foremost among the issues arises when trying to integrate key management systems with established IT frameworks of an organization and then ensuring this integration does not disrupt the work. Such complexity is further compounded by stringent compliance requirements, demanding rather rigorous audits and adherence to best practices around key storage and access control. The distributed nature of cloud environments creates confusion regarding who is responsible for and in control of cryptographic keys, especially since cloud providers and consumers often share responsibilities. This as well exposes organizations to challenges in achieving a harmonized security posture across diverse organizations with the synchronization of keys. The risk increases when keys are not well managed, which includes bad storage and failure to rotate keys regularly. Customers' control over their data security may be depleted through the reliance on a cloud service provider for the management of keys because of some identified vulnerabilities. It presents urgency among organizations to have strongly technologically advanced key management solutions that can promptly address these complexities while ensuring data confidentiality and integrity across diverse operational environments.

Global Encryption as a Service Market Ecosystem Analysis

The encryption as a service market ecosystem comprises key management as a service providers, data encryption as a service, email encryption as a service, application-level encryption as a service providers and verticals such as banking and financial services (BFSI), aerospace and defense, government and public utilities, IT & telecommunications, healthcare, retail and other verticals. Regulatory authorities and standardization bodies also play a crucial role in influencing market trends, innovations, and an organization's encryption as a service strategies.

Top Companies in Encryption as a Service Market

Note: The ecosystem is not exhaustive and has been derived on a best-efforts basis.
Source: Secondary Literature, Interviews with Experts, and MarketsandMarkets Analysis

 

By service type, the key management as a service (KMaaS) segment accounts for the highest market share during the forecast period

The Key Management as a Service (KMaaS) segment holds the largest share in the encryption as a service market, mainly due to its role of securing highly confidential data related to different business segments. An organization's ability to migrate towards cloud infrastructure makes the importance of strong key management solutions quite evident, with KMaaS appearing to be the vital service meant to maintain integrity with data, hence regulatory compliances. With the increased hacking into cyber space and breaking into sensitive information, the demand for KMaaS has increased because firms need to have control over the security of their valuable information assets. KMaaS provides an option for centralized management of encryption keys over multiple cloud deployments, and this capability is directly appealing to all enterprises, especially those that maintain very high security requirements and look to simplify their processes. The flexibility and scalability of KMaaS solutions make them highly appealing for large enterprises and SMBs to assist them in their digital transformation journeys. The segment's growth is further boosted by the adoption of more advanced technologies such as artificial intelligence and machine learning, which help to enhance the processes of key management.

By vertical, the IT and telecommunication segment is expected to grow at the highest CAGR during the forecast period

The encryption as a service market is expected to be highly growing in the IT and telecommunication sector based on the strong need for data security measures. Encryption solutions prove more important in this sector since businesses deal with voluminous amounts of sensitive data every day. The rise in cloud computing and mobile technologies further increased this necessity, forcing firms to use enhanced encryption algorithms so that data was not accessed illegally or breached. Increasing cyber threat attacks and stiff regulations have increased the demand among IT and telecom firms to deploy effective encryption policies. Quantum-safe encryption technology and other new features are emerging and help address all these issues as well as expand the capabilities of encryption in protecting the data. In an effort to facilitate work-from-anywhere policies and implement digital transformation, the establishment of secure channels for communication is important for preserving the integrity of the operation. In order to meet international standards to improve sectoral adherence to data security procedures, concerns regarding encryption key management are equally important. This highlights the role of the IT and telecommunications industry in shaping the future landscape of EaaS, as organizations strive to strengthen their defenses against evolving cyber threats while ensuring seamless access to critical information.

By region, North America accounts for the highest market share during the forecast period.

North America holds the largest market share in the encryption as a service market primarily due to a highly developed infrastructure in IT and telecommunication sectors that supports its high adoption level for sophisticated encryption solutions within finance, health, and governments sectors. Leading technology companies and cybersecurity firms such as AWS, Cisco, and Box in the region facilitate huge investments in research and development, which in turn encourages innovation in encryption services. This, however, raises a pressing need for organizations to employ effective encryption mechanisms, considering the growing threats of cyber attacks and data breaches. In this regard, the Federal Information Security Modernization Act (FISMA) is pushing organizations to take the step to implement encryption solutions in order to protect sensitive information. The rapid digitization of industries and the reliance on cloud services have further increased the offerings of EaaS as businesses secure data in motion and at rest. In addition, the exponential growth of connected devices and IoT necessitates a more robust encryption protocol to maintain the integrity of data. As a result, North America remains at the top of the EaaS market, using its technological advancements and regulatory support to stay ahead.

HIGHEST MARKET SIZE IN 2024-2030
CANADA FASTEST GROWING MARKET IN THE REGION
Encryption as a Service Market by region

Recent Developments of Encryption as a Service Market

  • In November 2024, Thales enhanced its CipherTrust Data Security Platform to a cloud-based, as-a-service subscription model, offering CipherTrust Cloud Key Management as a Service (CCKM), with flexible data security, encryption, and key management solutions.
  • In October 2024, Bluefin and Sycurio, a digital payment solutions provider entered into a strategic partnership to enhance payment security and improve customer and agent experiences. This partnership was expected to integrate Bluefin's PCI-validated encryption with Sycurio's multi-channel payment solutions, significantly reducing compliance burdens and ensuring secure, seamless transactions across all channels.
  • In November 2023, Retarus launched a new service called User Synchronization for Encryption (USE), designed to automate email encryption management tasks, thereby reducing administrative burdens for IT security managers.
  • In November 2023, Utimaco launched u.trust LAN Crypt Cloud, an intuitive file encryption-as-a-service solution that uses client-side encryption to safeguard sensitive data across on-premises and cloud storage.

Key Market Players

List of Top Encryption as a Service Market Companies

The Encryption as a Service Market is dominated by a few major players that have a wide regional presence. The major players in the Encryption as a Service Market are

  • AWS (US)
  • Cisco (US)
  • HashiCorp (US)
  • Google (US)
  • Box (US)
  • IBM (US)
  • Microsoft (US)
  • Utimaco (Germany)
  • CLAI PAYMENTS (US)
  • Retarus (Germany)
  • Intermedia (US)
  • Thales (France)
  • Network Fish (UK)
  • StorMagic (UK)
  • Bluefin (Georgia)
  • Cogito Group (Australia)
  • Kloch (US)
  • Virtru (US)
  • Tencent Cloud (China)
  • GarbleCloud (US)
  • Proton (Switzerland)
  • Fortanix (US)
  • Akeyless (US)
  • NordLocker (Netherlands)
  • Piiano (Israel)
  • Delinea (US)

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Scope of the Report

Report Attribute Details
Market size available for years 2018-2030
Base year considered 2023
Forecast period 2024–2030
Forecast units Value (USD Million/USD Billion) 
Segments Covered Service Type, Organization Size, Vertical and Region
Regions covered North America, Europe, Asia Pacific, Middle East & Africa, Latin America

 

Key Questions Addressed by the Report

What are the opportunities in the global Encryption as a Service market?
Rise in IoT and Bring Your Own Device (BYOD) and rising demand for integrated data protection solutions among SMEs to pave way for encryption as a service market growth, fostering the growth and opportunities for the encryption as a service market.
What is the definition of the Encryption as a Service market?
According to MarketsandMarkets, “Encryption as a Service (EaaS) is a cloud-based solution that enables organizations to encrypt data at rest and in transit using advanced cryptographic techniques. This service simplifies the implementation of robust encryption strategies by eliminating the need to manage complex infrastructure, ensuring data confidentiality and integrity while adapting to the varying needs of businesses.”
Which region is expected to show the highest Encryption as a Service market share?
North America is expected to account for the largest market share during the forecast period.
What are the major market players covered in the report?
Major vendors include AWS (US), Cisco (US), HashiCorp (US), Google (US),  Box (US), IBM (US), Microsoft (US), Utimaco (Germany), CLAI PAYMENTS (US), Retarus (Germany), Intermedia (US), Thales (France), Network Fish (UK), StorMagic (UK), Bluefin (Georgia), Cogito Group (Australia), Kloch (US) and other key players.
What is the current size of the global Encryption as a Service market?
The global Encryption as a Service market size is projected to grow from USD 1.57 billion in 2024 to USD 5.98 billion by 2030 at a Compound Annual Growth Rate (CAGR) of 24.9% during the forecast period.

 

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Table Of Contents

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TITLE
PAGE NO
INTRODUCTION
26
RESEARCH METHODOLOGY
31
EXECUTIVE SUMMARY
41
PREMIUM INSIGHTS
44
MARKET OVERVIEW AND INDUSTRY TRENDS
47
  • 5.1 INTRODUCTION
  • 5.2 MARKET DYNAMICS
    DRIVERS
    - Increase in cloud adoption
    - Need for compliance with data protection regulations
    - Rising concerns related to critical data loss
    RESTRAINTS
    - Limited control over data
    - Downtime in data accessing and processing
    OPPORTUNITIES
    - Rise in IoT and BYoD adoption
    - Rising demand for integrated data protection solutions among SMEs
    CHALLENGES
    - Complexities in key management across diverse environments
    - Difficulties in integrating encryption services with existing infrastructure
    - Vendor lock-in limits flexibility in EaaS adoption
  • 5.3 CASE STUDY ANALYSIS
    THALES ENHANCED DATA SECURITY FOR MAJOR EUROPEAN ENERGY PROVIDER WITH ITS INTEGRATED SUITE OF SOLUTIONS
    SENETAS CORPORATION HELPED SECURE CRITICAL INFRASTRUCTURE WITH HIGH-ASSURANCE ENCRYPTION SOLUTIONS
    PERCEPTION POINT HELPED GLOBAL FOOD DISTRIBUTOR ENHANCE EMAIL SECURITY AND REDUCE OVERHEAD
  • 5.4 PORTER’S FIVE FORCES ANALYSIS
    THREAT OF NEW ENTRANTS
    THREAT OF SUBSTITUTES
    BARGAINING POWER OF SUPPLIERS
    BARGAINING POWER OF BUYERS
    INTENSITY OF COMPETITIVE RIVALRY
  • 5.5 VALUE CHAIN ANALYSIS
    ENCRYPTION AS A SERVICE PROVIDERS
    TECHNOLOGY PROVIDERS
    INTEGRATION AND DEPLOYMENT
    SALES AND DISTRIBUTION
    END USERS
  • 5.6 ECOSYSTEM ANALYSIS
  • 5.7 PATENT ANALYSIS
    LIST OF TOP PATENTS IN ENCRYPTION AS A SERVICE MARKET, 2022–2024
  • 5.8 PRICING ANALYSIS
    AVERAGE SELLING PRICE/PRICING MODEL OF MARKET
    AVERAGE SELLING PRICE OF KEY PLAYERS, BY SERVICE TYPE
  • 5.9 TECHNOLOGY ANALYSIS
    KEY TECHNOLOGIES
    - AI/ML
    - Blockchain
    COMPLEMENTARY TECHNOLOGIES
    - Zero trust
    ADJACENT TECHNOLOGIES
    - Cloud computing
  • 5.10 IMPACT OF GENERATIVE AI ON ENCRYPTION AS A SERVICE MARKET
    TOP USE CASES & MARKET POTENTIAL
    - Key use cases
    IMPACT OF GEN AI ON INTERCONNECTED AND ADJACENT ECOSYSTEM
    - Cloud computing
    - Blockchain
    - Digital signature
    - Zero trust
  • 5.11 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
  • 5.12 KEY STAKEHOLDERS & BUYING CRITERIA
    KEY STAKEHOLDERS IN BUYING PROCESS
    BUYING CRITERIA
  • 5.13 REGULATORY LANDSCAPE
    ADVANCED ENCRYPTION STANDARD (AES)
    GENERAL DATA PROTECTION REGULATION
    GRAMM-LEACH-BLILEY ACT
    FEDERAL INFORMATION SECURITY MANAGEMENT ACT
    PAYMENT CARD INDUSTRY DATA SECURITY STANDARD
    SARBANES-OXLEY ACT
    HEALTH INSURANCE PORTABILITY AND ACCOUNTABILITY ACT
    FEDERAL INFORMATION PROCESSING STANDARDS
  • 5.14 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • 5.15 KEY CONFERENCES & EVENTS IN 2025
  • 5.16 INVESTMENT AND FUNDING SCENARIO
ENCRYPTION AS A SERVICE MARKET, BY SERVICE TYPE
74
  • 6.1 INTRODUCTION
    SERVICE TYPE: MARKET DRIVERS
  • 6.2 DATA ENCRYPTION AS A SERVICE
    SIMPLIFYING DATA SECURITY BY ELIMINATING NEED FOR EXPENSIVE CRYPTOGRAPHIC HARDWARE
  • 6.3 KEY MANAGEMENT ENCRYPTION AS A SERVICE
    REDUCED COMPLEXITY OF KEY MANAGEMENT AND LOWER OPERATIONAL COSTS TO FUEL MARKET GROWTH
  • 6.4 EMAIL ENCRYPTION AS A SERVICE
    RISING PHISHING AND RANSOMWARE ATTACKS TO DRIVE DEMAND FOR EMAIL ENCRYPTION AS A SERVICE
  • 6.5 APPLICATION-LEVEL ENCRYPTION AS A SERVICE
    GRANULAR CONTROL AND TARGETED PROTECTION TO SAFEGUARD DATA THROUGHOUT ITS LIFECYCLE
  • 6.6 OTHER SERVICE TYPES
ENCRYPTION AS A SERVICE MARKET, BY ORGANIZATION SIZE
82
  • 7.1 INTRODUCTION
    ORGANIZATION SIZE: MARKET DRIVERS
  • 7.2 LARGE ENTERPRISES
    SIMPLIFIED OPERATIONS AND REDUCED ADMINISTRATIVE OVERHEAD TO ACCELERATE MARKET GROWTH
  • 7.3 SMES
    SCALABILITY AND FLEXIBILITY OF CLOUD-BASED ENCRYPTION SERVICES TO DRIVE MARKET
ENCRYPTION AS A SERVICE MARKET, BY VERTICAL
87
  • 8.1 INTRODUCTION
    VERTICAL: MARKET DRIVERS
  • 8.2 BFSI
    EFFICIENT MANAGEMENT OF ENCRYPTION PROCESSES AND REDUCED OPERATIONAL COMPLEXITIES TO PROPEL MARKET GROWTH
  • 8.3 AEROSPACE & DEFENSE
    SECURE DATA HANDLING AND MITIGATION OF CYBER THREAT RISKS TO FOSTER MARKET GROWTH
  • 8.4 GOVERNMENT & PUBLIC UTILITIES
    STRINGENT CYBER LAWS AND COMPLIANCE REQUIREMENTS TO DRIVE ADOPTION OF ENCRYPTION SERVICES
  • 8.5 IT & TELECOMMUNICATIONS
    INCREASING NEED FOR SECURING VAST AMOUNTS OF PERSONAL AND SENSITIVE DATA TO BOOST MARKET
  • 8.6 HEALTHCARE
    INCREASING DIGITIZATION OF HEALTH RECORDS AND ADOPTION OF MOBILE HEALTH APPLICATIONS TO AID MARKET GROWTH
  • 8.7 RETAIL
    PROTECTING CUSTOMER DATA WITH ENCRYPTION AS A SERVICE IN RETAIL
  • 8.8 OTHER VERTICALS
ENCRYPTION AS A SERVICE MARKET, BY REGION
97
  • 9.1 INTRODUCTION
  • 9.2 NORTH AMERICA
    NORTH AMERICA: MARKET DRIVERS
    NORTH AMERICA: MACROECONOMIC OUTLOOK
    US
    - Rising need for data security and secure communication channels to drive market
    CANADA
    - Increasing cybersecurity awareness, regulatory pressures, and technological advancements to support market growth
  • 9.3 EUROPE
    EUROPE: MARKET DRIVERS
    EUROPE: MACROECONOMIC OUTLOOK
    UK
    - Growing prevalence of digital transactions and online services to intensify need for advanced encryption
    GERMANY
    - Heightened data privacy concerns and strict regulatory requirements to boost market
    FRANCE
    - Surging demand for reliable encryption solutions to encourage market expansion
    ITALY
    - Stringent regulatory compliance requirements and cybersecurity initiatives to boost market
    REST OF EUROPE
  • 9.4 ASIA PACIFIC
    ASIA PACIFIC: MARKET DRIVERS
    ASIA PACIFIC: MACROECONOMIC OUTLOOK
    CHINA
    - Industry developments and evolving regulatory frameworks to propel market growth
    JAPAN
    - Rising investments in national cybersecurity strategies and proactive government initiatives to bolster market growth
    INDIA
    - Surging need for strong encryption to protect personal data in centralized databases to enhance market growth
    REST OF ASIA PACIFIC
  • 9.5 MIDDLE EAST & AFRICA
    MIDDLE EAST & AFRICA: ENCRYPTION AS A SERVICE MARKET DRIVERS
    MIDDLE EAST & AFRICA: MACROECONOMIC OUTLOOK
    GCC COUNTRIES
    - Increasing cybersecurity threats and government initiatives aimed at enhancing digital security to aid market growth
    - KSA
    - UAE
    - Rest of GCC countries
    SOUTH AFRICA
    - Growing integration of encryption within digital services aimed at improving urban management to foster market growth
    REST OF MIDDLE EAST & AFRICA
  • 9.6 LATIN AMERICA
    LATIN AMERICA: MARKET DRIVERS
    LATIN AMERICA: MACROECONOMIC OUTLOOK
    BRAZIL
    - Government's initiatives for enhancing cybersecurity frameworks to propel market growth
    MEXICO
    - Increasing awareness regarding necessity of robust cybersecurity measures to drive market
    REST OF LATIN AMERICA
COMPETITIVE LANDSCAPE
167
  • 10.1 OVERVIEW
  • 10.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2024
  • 10.3 REVENUE ANALYSIS, 2019–2023
  • 10.4 MARKET SHARE ANALYSIS, 2023
  • 10.5 BRAND COMPARISON
  • 10.6 COMPANY VALUATION AND FINANCIAL METRICS, 2025
    COMPANY VALUATION, 2025
    FINANCIAL METRICS USING EV/EBIDTA, 2025
  • 10.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
    STARS
    EMERGING LEADERS
    PERVASIVE PLAYERS
    PARTICIPANTS
    COMPANY FOOTPRINT: KEY PLAYERS, 2024
    - Company footprint
    - Regional footprint
    - Service type footprint
    - Vertical footprint
  • 10.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023
    PROGRESSIVE COMPANIES
    RESPONSIVE COMPANIES
    DYNAMIC COMPANIES
    STARTING BLOCKS
    COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023
    - Detailed list of key startups/SMEs
    - Competitive benchmarking of key startups/SMEs
  • 10.9 COMPETITIVE SCENARIO
    PRODUCT LAUNCHES AND ENHANCEMENTS
    DEALS
COMPANY PROFILES
186
  • 11.1 KEY PLAYERS
    AWS
    - Business overview
    - Products/Solutions/Services offered
    - MnM view
    CISCO
    - Business overview
    - Products/Solutions/Services offered
    - MnM view
    HASHICORP
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    - MnM view
    GOOGLE
    - Business overview
    - Products/Solutions/Services offered
    - MnM view
    BOX
    - Business overview
    - Products/Solutions/Services offered
    - MnM view
    IBM
    - Business overview
    - Products/Solutions/Services offered
    MICROSOFT
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    UTIMACO
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    CLAI PAYMENTS TECHNOLOGIES
    - Business overview
    - Products/Solutions/Services offered
    RETARUS
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    INTERMEDIA
    - Business overview
    - Products/Solutions/Services offered
    THALES
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    NETWORK FISH
    - Business overview
    - Products/Solutions/Services offered
    STORMAGIC
    - Business overview
    - Products/Solutions/Services offered
    BLUEFIN
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    COGITO GROUP
    - Business overview
    - Products/Solutions/Services offered
    KLOCH
    - Business overview
    - Products/Solutions/Services offered
    TENCENT CLOUD
    DELINEA
  • 11.2 OTHER PLAYERS
    VIRTRU
    GARBLECLOUD
    PROTON
    FORTNAIX
    AKEYLESS
    NORDLOCKER
    PIIANO
ADJACENT MARKETS
227
  • 12.1 INTRODUCTION
  • 12.2 LIMITATIONS
  • 12.3 ENCRYPTION AS A SERVICE ECOSYSTEM AND ADJACENT MARKETS
  • 12.4 ENCRYPTION SOFTWARE MARKET
    ENCRYPTION SOFTWARE MARKET, BY COMPONENT
    ENCRYPTION SOFTWARE MARKET, BY APPLICATION
    ENCRYPTION SOFTWARE MARKET, BY DEPLOYMENT MODE
    ENCRYPTION SOFTWARE MARKET, BY ORGANIZATION SIZE
  • 12.5 KEY MANAGEMENT AS A SERVICE MARKET
    KEY MANAGEMENT AS A SERVICE MARKET, BY COMPONENT
    KEY MANAGEMENT AS A SERVICE MARKET, BY APPLICATION
    KEY MANAGEMENT AS A SERVICE MARKET, BY ORGANIZATION SIZE
    KEY MANAGEMENT AS A SERVICE MARKET, BY VERTICAL
APPENDIX
233
  • 13.1 DISCUSSION GUIDE
  • 13.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
  • 13.3 CUSTOMIZATION OPTIONS
  • 13.4 RELATED REPORTS
  • 13.5 AUTHOR DETAILS
LIST OF TABLES
 
  • TABLE 1 USD EXCHANGE RATES, 2020–2023
  • TABLE 2 FACTOR ANALYSIS
  • TABLE 3 ENCRYPTION AS A SERVICE MARKET SIZE AND GROWTH RATE, 2018–2023 (USD MILLION, Y-O-Y %)
  • TABLE 4 MARKET SIZE AND GROWTH RATE, 2024–2030 (USD MILLION, Y-O-Y %)
  • TABLE 5 IMPACT OF PORTER’S FIVE FORCES ON MARKET
  • TABLE 6 ROLE OF COMPANIES IN ECOSYSTEM
  • TABLE 7 AVERAGE SELLING PRICE OF KEY PLAYERS, BY SERVICE TYPE
  • TABLE 8 MARKET: INDICATIVE PRICING MODEL, BY SERVICE TYPE
  • TABLE 9 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE VERTICALS
  • TABLE 10 KEY BUYING CRITERIA FOR TOP THREE VERTICALS
  • TABLE 11 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 12 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 13 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 14 REST OF THE WORLD: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 15 MARKET: DETAILED LIST OF CONFERENCES & EVENTS
  • TABLE 16 MARKET, BY SERVICE TYPE, 2018–2023 (USD MILLION)
  • TABLE 17 MARKET, BY SERVICE TYPE, 2024–2030 (USD MILLION)
  • TABLE 18 DATA ENCRYPTION AS A SERVICE: MARKET, BY REGION, 2018–2023 (USD MILLION)
  • TABLE 19 DATA ENCRYPTION AS A SERVICE: MARKET, BY REGION, 2024–2030 (USD MILLION)
  • TABLE 20 KEY MANAGEMENT AS A SERVICE: MARKET, BY REGION, 2018–2023 (USD MILLION)
  • TABLE 21 KEY MANAGEMENT AS A SERVICE: ENCRYPTION AS A SERVICE MARKET, BY REGION, 2024–2030 (USD MILLION)
  • TABLE 22 EMAIL ENCRYPTION AS A SERVICE: MARKET, BY REGION, 2018–2023 (USD MILLION)
  • TABLE 23 EMAIL ENCRYPTION AS A SERVICE: MARKET, BY REGION, 2024–2030 (USD MILLION)
  • TABLE 24 APPLICATION-LEVEL ENCRYPTION AS A SERVICE: MARKET, BY REGION, 2018–2023 (USD MILLION)
  • TABLE 25 APPLICATION-LEVEL ENCRYPTION AS A SERVICE: MARKET, BY REGION, 2024–2030 (USD MILLION)
  • TABLE 26 OTHER SERVICE TYPES: MARKET, BY REGION, 2018–2023 (USD MILLION)
  • TABLE 27 OTHER SERVICE TYPES: MARKET, BY REGION, 2024–2030 (USD MILLION)
  • TABLE 28 MARKET, BY ORGANIZATION SIZE, 2018–2023 (USD MILLION)
  • TABLE 29 MARKET, BY ORGANIZATION SIZE, 2024–2030 (USD MILLION)
  • TABLE 30 LARGE ENTERPRISES: MARKET, BY REGION, 2018–2023 (USD MILLION)
  • TABLE 31 LARGE ENTERPRISES: MARKET, BY REGION, 2024–2030 (USD MILLION)
  • TABLE 32 SMES: MARKET, BY REGION, 2018–2023 (USD MILLION)
  • TABLE 33 SMES: ENCRYPTION AS A SERVICE MARKET, BY REGION, 2024–2030 (USD MILLION)
  • TABLE 34 MARKET, BY VERTICAL, 2018–2023 (USD MILLION)
  • TABLE 35 MARKET, BY VERTICAL, 2024–2030 (USD MILLION)
  • TABLE 36 BFSI: MARKET, BY REGION, 2018–2023 (USD MILLION)
  • TABLE 37 BFSI: MARKET, BY REGION, 2024–2030 (USD MILLION)
  • TABLE 38 AEROSPACE & DEFENSE: MARKET, BY REGION, 2018–2023 (USD MILLION)
  • TABLE 39 AEROSPACE & DEFENSE: MARKET, BY REGION, 2024–2030 (USD MILLION)
  • TABLE 40 GOVERNMENT & PUBLIC UTILITIES: MARKET, BY REGION, 2018–2023 (USD MILLION)
  • TABLE 41 GOVERNMENT & PUBLIC UTILITIES: MARKET, BY REGION, 2024–2030 (USD MILLION)
  • TABLE 42 IT & TELECOMMUNICATIONS: MARKET, BY REGION, 2018–2023 (USD MILLION)
  • TABLE 43 IT & TELECOMMUNICATIONS: MARKET, BY REGION, 2024–2030 (USD MILLION)
  • TABLE 44 HEALTHCARE: MARKET, BY REGION, 2018–2023 (USD MILLION)
  • TABLE 45 HEALTHCARE: MARKET, BY REGION, 2024–2030 (USD MILLION)
  • TABLE 46 RETAIL: MARKET, BY REGION, 2018–2023 (USD MILLION)
  • TABLE 47 RETAIL: MARKET, BY REGION, 2024–2030 (USD MILLION)
  • TABLE 48 OTHER VERTICALS: MARKET, BY REGION, 2018–2023 (USD MILLION)
  • TABLE 49 OTHER VERTICALS: MARKET, BY REGION, 2024–2030 (USD MILLION)
  • TABLE 50 MARKET, BY REGION, 2018–2023 (USD MILLION)
  • TABLE 51 MARKET, BY REGION, 2024–2030 (USD MILLION)
  • TABLE 52 NORTH AMERICA: MARKET, BY SERVICE TYPE, 2018–2023 (USD MILLION)
  • TABLE 53 NORTH AMERICA: ENCRYPTION AS A SERVICE MARKET, BY SERVICE TYPE, 2024–2030 (USD MILLION)
  • TABLE 54 NORTH AMERICA: MARKET, BY ORGANIZATION SIZE, 2018–2023 (USD MILLION)
  • TABLE 55 NORTH AMERICA: MARKET, BY ORGANIZATION SIZE, 2024–2030 (USD MILLION)
  • TABLE 56 NORTH AMERICA: MARKET, BY VERTICAL, 2018–2023 (USD MILLION)
  • TABLE 57 NORTH AMERICA: MARKET, BY VERTICAL, 2024–2030 (USD MILLION)
  • TABLE 58 NORTH AMERICA: MARKET, BY COUNTRY, 2018–2023 (USD MILLION)
  • TABLE 59 NORTH AMERICA: MARKET, BY COUNTRY, 2024–2030 (USD MILLION)
  • TABLE 60 US: MARKET, BY SERVICE TYPE, 2018–2023 (USD MILLION)
  • TABLE 61 US: MARKET, BY SERVICE TYPE, 2024–2030 (USD MILLION)
  • TABLE 62 US: MARKET, BY ORGANIZATION SIZE, 2018–2023 (USD MILLION)
  • TABLE 63 US: MARKET, BY ORGANIZATION SIZE, 2024–2030 (USD MILLION)
  • TABLE 64 US: MARKET, BY VERTICAL, 2018–2023 (USD MILLION)
  • TABLE 65 US: MARKET, BY VERTICAL, 2024–2030 (USD MILLION)
  • TABLE 66 CANADA: MARKET, BY SERVICE TYPE, 2018–2023 (USD MILLION)
  • TABLE 67 CANADA: MARKET, BY SERVICE TYPE, 2024–2030 (USD MILLION)
  • TABLE 68 CANADA: MARKET, BY ORGANIZATION SIZE, 2018–2023 (USD MILLION)
  • TABLE 69 CANADA: MARKET, BY ORGANIZATION SIZE, 2024–2030 (USD MILLION)
  • TABLE 70 CANADA: ENCRYPTION AS A SERVICE MARKET, BY VERTICAL, 2018–2023 (USD MILLION)
  • TABLE 71 CANADA: MARKET, BY VERTICAL, 2024–2030 (USD MILLION)
  • TABLE 72 EUROPE: MARKET, BY SERVICE TYPE, 2018–2023 (USD MILLION)
  • TABLE 73 EUROPE: MARKET, BY SERVICE TYPE, 2024–2030 (USD MILLION)
  • TABLE 74 EUROPE: MARKET, BY ORGANIZATION SIZE, 2018–2023 (USD MILLION)
  • TABLE 75 EUROPE: MARKET, BY ORGANIZATION SIZE, 2024–2030 (USD MILLION)
  • TABLE 76 EUROPE: MARKET, BY VERTICAL, 2018–2023 (USD MILLION)
  • TABLE 77 EUROPE: MARKET, BY VERTICAL, 2024–2030 (USD MILLION)
  • TABLE 78 EUROPE: MARKET, BY COUNTRY, 2018–2023 (USD MILLION)
  • TABLE 79 EUROPE: MARKET, BY COUNTRY, 2024–2030 (USD MILLION)
  • TABLE 80 UK: MARKET, BY SERVICE TYPE, 2018–2023 (USD MILLION)
  • TABLE 81 UK: MARKET, BY SERVICE TYPE, 2024–2030 (USD MILLION)
  • TABLE 82 UK: MARKET, BY ORGANIZATION SIZE, 2018–2023 (USD MILLION)
  • TABLE 83 UK: MARKET, BY ORGANIZATION SIZE, 2024–2030 (USD MILLION)
  • TABLE 84 UK: MARKET, BY VERTICAL, 2018–2023 (USD MILLION)
  • TABLE 85 UK: MARKET, BY VERTICAL, 2024–2030 (USD MILLION)
  • TABLE 86 GERMANY: MARKET, BY SERVICE TYPE, 2018–2023 (USD MILLION)
  • TABLE 87 GERMANY: MARKET, BY SERVICE TYPE, 2024–2030 (USD MILLION)
  • TABLE 88 GERMANY: MARKET, BY ORGANIZATION SIZE, 2018–2023 (USD MILLION)
  • TABLE 89 GERMANY: MARKET, BY ORGANIZATION SIZE, 2024–2030 (USD MILLION)
  • TABLE 90 GERMANY: MARKET, BY VERTICAL, 2018–2023 (USD MILLION)
  • TABLE 91 GERMANY: MARKET, BY VERTICAL, 2024–2030 (USD MILLION)
  • TABLE 92 FRANCE: MARKET, BY SERVICE TYPE, 2018–2023 (USD MILLION)
  • TABLE 93 FRANCE: MARKET, BY SERVICE TYPE, 2024–2030 (USD MILLION)
  • TABLE 94 FRANCE: MARKET, BY ORGANIZATION SIZE, 2018–2023 (USD MILLION)
  • TABLE 95 FRANCE: MARKET, BY ORGANIZATION SIZE, 2024–2030 (USD MILLION)
  • TABLE 96 FRANCE: ENCRYPTION AS A SERVICE MARKET, BY VERTICAL, 2018–2023 (USD MILLION)
  • TABLE 97 FRANCE: MARKET, BY VERTICAL, 2024–2030 (USD MILLION)
  • TABLE 98 ITALY: MARKET, BY SERVICE TYPE, 2018–2023 (USD MILLION)
  • TABLE 99 ITALY: MARKET, BY SERVICE TYPE, 2024–2030 (USD MILLION)
  • TABLE 100 ITALY: MARKET, BY ORGANIZATION SIZE, 2018–2023 (USD MILLION)
  • TABLE 101 ITALY: MARKET, BY ORGANIZATION SIZE, 2024–2030 (USD MILLION)
  • TABLE 102 ITALY: MARKET, BY VERTICAL, 2018–2023 (USD MILLION)
  • TABLE 103 ITALY: MARKET, BY VERTICAL, 2024–2030 (USD MILLION)
  • TABLE 104 REST OF EUROPE: MARKET, BY SERVICE TYPE, 2018–2023 (USD MILLION)
  • TABLE 105 REST OF EUROPE: MARKET, BY SERVICE TYPE, 2024–2030 (USD MILLION)
  • TABLE 106 REST OF EUROPE: ENCRYPTION AS A SERVICE MARKET, BY ORGANIZATION SIZE, 2018–2023 (USD MILLION)
  • TABLE 107 REST OF EUROPE: MARKET, BY ORGANIZATION SIZE, 2024–2030 (USD MILLION)
  • TABLE 108 REST OF EUROPE: MARKET, BY VERTICAL, 2018–2023 (USD MILLION)
  • TABLE 109 REST OF EUROPE: MARKET, BY VERTICAL, 2024–2030 (USD MILLION)
  • TABLE 110 ASIA PACIFIC: MARKET, BY SERVICE TYPE, 2018–2023 (USD MILLION)
  • TABLE 111 ASIA PACIFIC: MARKET, BY SERVICE TYPE, 2024–2030 (USD MILLION)
  • TABLE 112 ASIA PACIFIC: MARKET, BY ORGANIZATION SIZE, 2018–2023 (USD MILLION)
  • TABLE 113 ASIA PACIFIC: MARKET, BY ORGANIZATION SIZE, 2024–2030 (USD MILLION)
  • TABLE 114 ASIA PACIFIC: MARKET, BY VERTICAL, 2018–2023 (USD MILLION)
  • TABLE 115 ASIA PACIFIC: MARKET, BY VERTICAL, 2024–2030 (USD MILLION)
  • TABLE 116 ASIA PACIFIC: MARKET, BY COUNTRY, 2018–2023 (USD MILLION)
  • TABLE 117 ASIA PACIFIC: MARKET, BY COUNTRY, 2024–2030 (USD MILLION)
  • TABLE 118 CHINA: MARKET, BY SERVICE TYPE, 2018–2023 (USD MILLION)
  • TABLE 119 CHINA: MARKET, BY SERVICE TYPE, 2024–2030 (USD MILLION)
  • TABLE 120 CHINA: MARKET, BY ORGANIZATION SIZE, 2018–2023 (USD MILLION)
  • TABLE 121 CHINA: MARKET, BY ORGANIZATION SIZE, 2024–2030 (USD MILLION)
  • TABLE 122 CHINA: MARKET, BY VERTICAL, 2018–2023 (USD MILLION)
  • TABLE 123 CHINA: ENCRYPTION AS A SERVICE MARKET, BY VERTICAL, 2024–2030 (USD MILLION)
  • TABLE 124 JAPAN: MARKET, BY SERVICE TYPE, 2018–2023 (USD MILLION)
  • TABLE 125 JAPAN: MARKET, BY SERVICE TYPE, 2024–2030 (USD MILLION)
  • TABLE 126 JAPAN: MARKET, BY ORGANIZATION SIZE, 2018–2023 (USD MILLION)
  • TABLE 127 JAPAN: MARKET, BY ORGANIZATION SIZE, 2024–2030 (USD MILLION)
  • TABLE 128 JAPAN: MARKET, BY VERTICAL, 2018–2023 (USD MILLION)
  • TABLE 129 JAPAN: MARKET, BY VERTICAL, 2024–2030 (USD MILLION)
  • TABLE 130 INDIA: MARKET, BY SERVICE TYPE, 2018–2023 (USD MILLION)
  • TABLE 131 INDIA: MARKET, BY SERVICE TYPE, 2024–2030 (USD MILLION)
  • TABLE 132 INDIA: MARKET, BY ORGANIZATION SIZE, 2018–2023 (USD MILLION)
  • TABLE 133 INDIA: MARKET, BY ORGANIZATION SIZE, 2024–2030 (USD MILLION)
  • TABLE 134 INDIA: MARKET, BY VERTICAL, 2018–2023 (USD MILLION)
  • TABLE 135 INDIA: MARKET, BY VERTICAL, 2024–2030 (USD MILLION)
  • TABLE 136 REST OF ASIA PACIFIC: MARKET, BY SERVICE TYPE, 2018–2023 (USD MILLION)
  • TABLE 137 REST OF ASIA PACIFIC: MARKET, BY SERVICE TYPE, 2024–2030 (USD MILLION)
  • TABLE 138 REST OF ASIA PACIFIC: MARKET, BY ORGANIZATION SIZE, 2018–2023 (USD MILLION)
  • TABLE 139 REST OF ASIA PACIFIC: MARKET, BY ORGANIZATION SIZE, 2024–2030 (USD MILLION)
  • TABLE 140 REST OF ASIA PACIFIC: MARKET, BY VERTICAL, 2018–2023 (USD MILLION)
  • TABLE 141 REST OF ASIA PACIFIC: MARKET, BY VERTICAL, 2024–2030 (USD MILLION)
  • TABLE 142 MIDDLE EAST & AFRICA: MARKET, BY SERVICE TYPE, 2018–2023 (USD MILLION)
  • TABLE 143 MIDDLE EAST & AFRICA: MARKET, BY SERVICE TYPE, 2024–2030 (USD MILLION)
  • TABLE 144 MIDDLE EAST & AFRICA: MARKET, BY ORGANIZATION SIZE, 2018–2023 (USD MILLION)
  • TABLE 145 MIDDLE EAST & AFRICA: MARKET, BY ORGANIZATION SIZE, 2024–2030 (USD MILLION)
  • TABLE 146 MIDDLE EAST & AFRICA: ENCRYPTION AS A SERVICE MARKET, BY VERTICAL, 2018–2023 (USD MILLION)
  • TABLE 147 MIDDLE EAST & AFRICA: MARKET, BY VERTICAL, 2024–2030 (USD MILLION)
  • TABLE 148 MIDDLE EAST & AFRICA: MARKET, BY COUNTRY, 2018–2023 (USD MILLION)
  • TABLE 149 MIDDLE EAST & AFRICA: MARKET, BY COUNTRY, 2024–2030 (USD MILLION)
  • TABLE 150 GCC COUNTRIES: MARKET, BY SERVICE TYPE, 2018–2023 (USD MILLION)
  • TABLE 151 GCC COUNTRIES: MARKET, BY SERVICE TYPE, 2024–2030 (USD MILLION)
  • TABLE 152 GCC COUNTRIES: MARKET, BY ORGANIZATION SIZE, 2018–2023 (USD MILLION)
  • TABLE 153 GCC COUNTRIES: MARKET, BY ORGANIZATION SIZE, 2024–2030 (USD MILLION)
  • TABLE 154 GCC COUNTRIES: MARKET, BY VERTICAL, 2018–2023 (USD MILLION)
  • TABLE 155 GCC COUNTRIES: MARKET, BY VERTICAL, 2024–2030 (USD MILLION)
  • TABLE 156 GCC COUNTRIES: ENCRYPTION AS A SERVICE MARKET, BY COUNTRY, 2018–2023 (USD MILLION)
  • TABLE 157 GCC COUNTRIES: MARKET, BY COUNTRY, 2024–2030 (USD MILLION)
  • TABLE 158 KSA: MARKET, BY SERVICE TYPE, 2018–2023 (USD MILLION)
  • TABLE 159 KSA: MARKET, BY SERVICE TYPE, 2024–2030 (USD MILLION)
  • TABLE 160 KSA: MARKET, BY ORGANIZATION SIZE, 2018–2023 (USD MILLION)
  • TABLE 161 KSA: MARKET, BY ORGANIZATION SIZE, 2024–2030 (USD MILLION)
  • TABLE 162 KSA: MARKET, BY VERTICAL, 2018–2023 (USD MILLION)
  • TABLE 163 KSA: MARKET, BY VERTICAL, 2024–2030 (USD MILLION)
  • TABLE 164 UAE: MARKET, BY SERVICE TYPE, 2018–2023 (USD MILLION)
  • TABLE 165 UAE: MARKET, BY SERVICE TYPE, 2024–2030 (USD MILLION)
  • TABLE 166 UAE: ENCRYPTION AS A SERVICE MARKET, BY ORGANIZATION SIZE, 2018–2023 (USD MILLION)
  • TABLE 167 UAE: MARKET, BY ORGANIZATION SIZE, 2024–2030 (USD MILLION)
  • TABLE 168 UAE: MARKET, BY VERTICAL, 2018–2023 (USD MILLION)
  • TABLE 169 UAE: MARKET, BY VERTICAL, 2024–2030 (USD MILLION)
  • TABLE 170 REST OF GCC COUNTRIES: MARKET, BY SERVICE TYPE, 2018–2023 (USD MILLION)
  • TABLE 171 REST OF GCC COUNTRIES: MARKET, BY SERVICE TYPE, 2024–2030 (USD MILLION)
  • TABLE 172 REST OF GCC COUNTRIES: MARKET, BY ORGANIZATION SIZE, 2018–2023 (USD MILLION)
  • TABLE 173 REST OF GCC COUNTRIES: MARKET, BY ORGANIZATION SIZE, 2024–2030 (USD MILLION)
  • TABLE 174 REST OF GCC COUNTRIES: MARKET, BY VERTICAL, 2018–2023 (USD MILLION)
  • TABLE 175 REST OF GCC COUNTRIES: MARKET, BY VERTICAL, 2024–2030 (USD MILLION)
  • TABLE 176 SOUTH AFRICA: MARKET, BY SERVICE TYPE, 2018–2023 (USD MILLION)
  • TABLE 177 SOUTH AFRICA: MARKET, BY SERVICE TYPE, 2024–2030 (USD MILLION)
  • TABLE 178 SOUTH AFRICA: MARKET, BY ORGANIZATION SIZE, 2018–2023 (USD MILLION)
  • TABLE 179 SOUTH AFRICA: MARKET, BY ORGANIZATION SIZE, 2024–2030 (USD MILLION)
  • TABLE 180 SOUTH AFRICA: MARKET, BY VERTICAL, 2018–2023 (USD MILLION)
  • TABLE 181 SOUTH AFRICA: MARKET, BY VERTICAL, 2024–2030 (USD MILLION)
  • TABLE 182 REST OF MIDDLE EAST & AFRICA: MARKET, BY SERVICE TYPE, 2018–2023 (USD MILLION)
  • TABLE 183 REST OF MIDDLE EAST & AFRICA: MARKET, BY SERVICE TYPE, 2024–2030 (USD MILLION)
  • TABLE 184 REST OF MIDDLE EAST & AFRICA: MARKET, BY ORGANIZATION SIZE, 2018–2023 (USD MILLION)
  • TABLE 185 REST OF MIDDLE EAST & AFRICA: MARKET, BY ORGANIZATION SIZE, 2024–2030 (USD MILLION)
  • TABLE 186 REST OF MIDDLE EAST & AFRICA: MARKET, BY VERTICAL, 2018–2023 (USD MILLION)
  • TABLE 187 REST OF MIDDLE EAST & AFRICA: MARKET, BY VERTICAL, 2024–2030 (USD MILLION)
  • TABLE 188 LATIN AMERICA: MARKET, BY SERVICE TYPE, 2018–2023 (USD MILLION)
  • TABLE 189 LATIN AMERICA: MARKET, BY SERVICE TYPE, 2024–2030 (USD MILLION)
  • TABLE 190 LATIN AMERICA: ENCRYPTION AS A SERVICE MARKET, BY ORGANIZATION SIZE, 2018–2023 (USD MILLION)
  • TABLE 191 LATIN AMERICA: MARKET, BY ORGANIZATION SIZE, 2024–2030 (USD MILLION)
  • TABLE 192 LATIN AMERICA: MARKET, BY VERTICAL, 2018–2023 (USD MILLION)
  • TABLE 193 LATIN AMERICA: MARKET, BY VERTICAL, 2024–2030 (USD MILLION)
  • TABLE 194 LATIN AMERICA: MARKET, BY COUNTRY, 2018–2023 (USD MILLION)
  • TABLE 195 LATIN AMERICA: MARKET, BY COUNTRY, 2024–2030 (USD MILLION)
  • TABLE 196 BRAZIL: MARKET, BY SERVICE TYPE, 2018–2023 (USD MILLION)
  • TABLE 197 BRAZIL: MARKET, BY SERVICE TYPE, 2024–2030 (USD MILLION)
  • TABLE 198 BRAZIL: MARKET, BY ORGANIZATION SIZE, 2018–2023 (USD MILLION)
  • TABLE 199 BRAZIL: MARKET, BY ORGANIZATION SIZE, 2024–2030 (USD MILLION)
  • TABLE 200 BRAZIL: MARKET, BY VERTICAL, 2018–2023 (USD MILLION)
  • TABLE 201 BRAZIL: MARKET, BY VERTICAL, 2024–2030 (USD MILLION)
  • TABLE 202 MEXICO: MARKET, BY SERVICE TYPE, 2018–2023 (USD MILLION)
  • TABLE 203 MEXICO: MARKET, BY SERVICE TYPE, 2024–2030 (USD MILLION)
  • TABLE 204 MEXICO: ENCRYPTION AS A SERVICE MARKET, BY ORGANIZATION SIZE, 2018–2023 (USD MILLION)
  • TABLE 205 MEXICO: MARKET, BY ORGANIZATION SIZE, 2024–2030 (USD MILLION)
  • TABLE 206 MEXICO: MARKET, BY VERTICAL, 2018–2023 (USD MILLION)
  • TABLE 207 MEXICO: MARKET, BY VERTICAL, 2024–2030 (USD MILLION)
  • TABLE 208 REST OF LATIN AMERICA: MARKET, BY SERVICE TYPE, 2018–2023 (USD MILLION)
  • TABLE 209 REST OF LATIN AMERICA: MARKET, BY SERVICE TYPE, 2024–2030 (USD MILLION)
  • TABLE 210 REST OF LATIN AMERICA: MARKET, BY ORGANIZATION SIZE, 2018–2023 (USD MILLION)
  • TABLE 211 REST OF LATIN AMERICA: MARKET, BY ORGANIZATION SIZE, 2024–2030 (USD MILLION)
  • TABLE 212 REST OF LATIN AMERICA: MARKET, BY VERTICAL, 2018–2023 (USD MILLION)
  • TABLE 213 REST OF LATIN AMERICA: MARKET, BY VERTICAL, 2024–2030 (USD MILLION)
  • TABLE 214 OVERVIEW OF STRATEGIES ADOPTED BY KEY ENCRYPTION AS A SERVICE VENDORS
  • TABLE 215 MARKET: DEGREE OF COMPETITION
  • TABLE 216 MARKET: REGIONAL FOOTPRINT
  • TABLE 217 MARKET: SERVICE TYPE FOOTPRINT
  • TABLE 218 MARKET: VERTICAL FOOTPRINT
  • TABLE 219 MARKET: KEY STARTUPS/SMES
  • TABLE 220 MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES, BY SERVICE TYPE
  • TABLE 221 MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES, BY VERTICAL
  • TABLE 222 MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES, BY REGION
  • TABLE 223 MARKET: PRODUCT LAUNCHES AND ENHANCEMENTS, JANUARY 2022–DECEMBER 2024
  • TABLE 224 ENCRYPTION AS A SERVICE MARKET: DEALS, JANUARY 2022–DECEMBER 2024
  • TABLE 225 AWS: BUSINESS OVERVIEW
  • TABLE 226 AWS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 227 CISCO: BUSINESS OVERVIEW
  • TABLE 228 CISCO: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 229 HASHICORP: BUSINESS OVERVIEW
  • TABLE 230 HASHICORP: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 231 HASHICORP: DEALS
  • TABLE 232 GOOGLE: BUSINESS OVERVIEW
  • TABLE 233 GOOGLE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 234 BOX: BUSINESS OVERVIEW
  • TABLE 235 BOX: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 236 IBM: BUSINESS OVERVIEW
  • TABLE 237 IBM: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 238 MICROSOFT: BUSINESS OVERVIEW
  • TABLE 239 MICROSOFT: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 240 MICROSOFT: DEALS
  • TABLE 241 UTIMACO: BUSINESS OVERVIEW
  • TABLE 242 UTIMACO: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 243 UTIMACO: PRODUCT LAUNCHES AND ENHANCEMENTS
  • TABLE 244 CLAI PAYMENTS TECHNOLOGIES: BUSINESS OVERVIEW
  • TABLE 245 CLAI PAYMENTS TECHNOLOGIES: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 246 RETARUS: BUSINESS OVERVIEW
  • TABLE 247 RETARUS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 248 RETARUS: PRODUCT LAUNCHES AND ENHANCEMENTS
  • TABLE 249 INTERMEDIA: BUSINESS OVERVIEW
  • TABLE 250 INTERMEDIA: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 251 THALES: BUSINESS OVERVIEW
  • TABLE 252 THALES: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 253 THALES: PRODUCT LAUNCHES AND ENHANCEMENTS
  • TABLE 254 NETWORK FISH: BUSINESS OVERVIEW
  • TABLE 255 NETWORK FISH: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 256 STORMAGIC: BUSINESS OVERVIEW
  • TABLE 257 STORMAGIC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 258 BLUEFIN: BUSINESS OVERVIEW
  • TABLE 259 BLUEFIN: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 260 BLUEFIN: DEALS
  • TABLE 261 COGITO GROUP: BUSINESS OVERVIEW
  • TABLE 262 COGITO GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 263 KLOCH: BUSINESS OVERVIEW
  • TABLE 264 KLOCH: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 265 ADJACENT MARKETS AND FORECASTS
  • TABLE 266 ENCRYPTION SOFTWARE MARKET, BY COMPONENT, 2015–2020 (USD MILLION)
  • TABLE 267 ENCRYPTION SOFTWARE MARKET, BY COMPONENT, 2021–2026 (USD MILLION)
  • TABLE 268 ENCRYPTION SOFTWARE MARKET, BY APPLICATION, 2015–2020 (USD MILLION)
  • TABLE 269 ENCRYPTION SOFTWARE MARKET, BY APPLICATION, 2021–2026 (USD MILLION)
  • TABLE 270 ENCRYPTION SOFTWARE MARKET, BY DEPLOYMENT MODE, 2015–2020 (USD MILLION)
  • TABLE 271 ENCRYPTION SOFTWARE MARKET, BY DEPLOYMENT MODE, 2021–2026 (USD MILLION)
  • TABLE 272 ENCRYPTION SOFTWARE MARKET, BY ORGANIZATION SIZE, 2015–2020 (USD MILLION)
  • TABLE 273 ENCRYPTION SOFTWARE MARKET, BY ORGANIZATION SIZE, 2021–2026 (USD MILLION)
  • TABLE 274 ENCRYPTION SOFTWARE MARKET, BY VERTICAL, 2015–2020 (USD MILLION)
  • TABLE 275 ENCRYPTION SOFTWARE MARKET, BY VERTICAL, 2021–2026 (USD MILLION)
  • TABLE 276 KEY MANAGEMENT AS A SERVICE MARKET, BY COMPONENT, 2016–2023 (USD MILLION)
  • TABLE 277 KEY MANAGEMENT AS A SERVICE MARKET, BY APPLICATION, 2016–2023 (USD MILLION)
  • TABLE 278 KEY MANAGEMENT AS A SERVICE MARKET, BY ORGANIZATION SIZE, 2016–2023 (USD MILLION)
  • TABLE 279 KEY MANAGEMENT AS A SERVICE MARKET, BY VERTICAL, 2016–2023 (USD MILLION)
LIST OF FIGURES
 
  • FIGURE 1 MARKET: RESEARCH DESIGN ENCRYPTION AS A SERVICE MARKET: DATA TRIANGULATION
  • FIGURE 2 BREAKDOWN OF PRIMARY INTERVIEWS, BY COMPANY TYPE, DESIGNATION, AND REGION MARKET ESTIMATION: RESEARCH FLOW
  • FIGURE 3 MARKET: DATA TRIANGULATION APPROACH 1 (SUPPLY SIDE): REVENUE FROM ENCRYPTION AS A SERVICE VENDORS
  • FIGURE 4 MARKET ESTIMATION: RESEARCH FLOW APPROACH 1 (SUPPLY-SIDE ANALYSIS)
  • FIGURE 5 APPROACH 1 (SUPPLY SIDE): REVENUE FROM ENCRYPTION AS A SERVICE VENDORS MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2 — BOTTOM-UP (DEMAND SIDE)
  • FIGURE 6 APPROACH 1 (SUPPLY-SIDE ANALYSIS) GLOBAL ENCRYPTION AS A SERVICE MARKET SIZE AND Y-O-Y GROWTH RATE, 2022–2030
  • FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2 — BOTTOM-UP (DEMAND SIDE) SEGMENTS WITH SIGNIFICANT MARKET SHARE AND GROWTH RATE, 2024–2030
  • FIGURE 8 GLOBAL MARKET SIZE AND Y-O-Y GROWTH RATE, 2022–2030NORTH AMERICA ACCOUNTED FOR LARGEST MARKET SHARE IN 2024
  • FIGURE 9 SEGMENTS WITH SIGNIFICANT MARKET SHARE AND GROWTH RATE, 2024–2030GROWING ADOPTION OF CLOUD SERVICES TO DRIVE MARKET
  • FIGURE 10 NORTH AMERICA ACCOUNTED FOR LARGEST MARKET SHARE IN 2024KEY MANAGEMENT AS A SERVICE SEGMENT TO ACCOUNT FOR LARGEST SHARE DURING FORECAST PERIOD
  • FIGURE 11 GROWING ADOPTION OF CLOUD SERVICES TO DRIVE MARKETSMES TO GROW AT HIGHER CAGR DURING FORECAST PERIOD
  • FIGURE 12 KEY MANAGEMENT AS A SERVICE SEGMENT TO ACCOUNT FOR LARGEST SHARE DURING FORECAST PERIOD BFSI SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD
  • FIGURE 13 SMES TO GROW AT HIGHER CAGR DURING FORECAST PERIOD ASIA PACIFIC TO EMERGE AS BEST MARKET FOR INVESTMENTS IN NEXT FIVE YEARS
  • FIGURE 14 BFSI SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES: ENCRYPTION AS A SERVICE MARKET
  • FIGURE 15 ASIA PACIFIC TO EMERGE AS BEST MARKET FOR INVESTMENTS IN NEXT FIVE YEARS ENCRYPTION AS A SERVICE MARKET: PORTER’S FIVE FORCES ANALYSIS
  • FIGURE 16 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES: MARKET: VALUE CHAIN ANALYSIS
  • FIGURE 17 MARKET: PORTER’S FIVE FORCES ANALYSIS MARKET: ECOSYSTEM ANALYSIS
  • FIGURE 18 MARKET: VALUE CHAIN ANALYSIS NUMBER OF PATENTS GRANTED FOR MARKET, 2014–2024
  • FIGURE 19 MARKET: ECOSYSTEM ANALYSIS MARKET: REGIONAL ANALYSIS OF PATENTS GRANTED
  • FIGURE 20 NUMBER OF PATENTS GRANTED FOR MARKET, 2014–2024 AVERAGE SELLING PRICE OF KEY PLAYERS, BY SERVICE TYPE
  • FIGURE 21 MARKET: REGIONAL ANALYSIS OF PATENTS GRANTED MARKET POTENTIAL OF GENERATIVE AI IN ENHANCING MARKET ACROSS INDUSTRIES
  • FIGURE 22 AVERAGE SELLING PRICE OF KEY PLAYERS, BY SERVICE TYPE IMPACT OF GEN AI ON INTERCONNECTED AND ADJACENT ECOSYSTEM
  • FIGURE 23 MARKET POTENTIAL OF GENERATIVE AI IN ENHANCING MARKET ACROSS INDUSTRIES TRENDS/DISRUPTIONS INFLUENCING CUSTOMER BUSINESS
  • FIGURE 24 IMPACT OF GEN AI ON INTERCONNECTED AND ADJACENT ECOSYSTEM INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE VERTICALS
  • FIGURE 25 TRENDS/DISRUPTIONS INFLUENCING CUSTOMER BUSINESS KEY BUYING CRITERIA FOR TOP THREE VERTICALS
  • FIGURE 26 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE VERTICALS LEADING GLOBAL ENCRYPTION AS A SERVICE STARTUPS AND SMES, BY NUMBER OF INVESTORS AND FUNDING ROUNDS, 2021–2023
  • FIGURE 27 KEY BUYING CRITERIA FOR TOP THREE VERTICALSAPPLICATION-LEVEL ENCRYPTION AS A SERVICE SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
  • FIGURE 28 LEADING GLOBAL ENCRYPTION AS A SERVICE STARTUPS AND SMES, BY NUMBER OF INVESTORS AND FUNDING ROUNDS, 2021–2023 SMES SEGMENT TO REGISTER HIGHER CAGR DURING THE FORECAST PERIOD
  • FIGURE 29 APPLICATION-LEVEL ENCRYPTION AS A SERVICE SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD IT & TELECOMMUNICATIONS SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
  • FIGURE 30 SMES SEGMENT TO REGISTER HIGHER CAGR DURING THE FORECAST PERIOD ASIA PACIFIC TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
  • FIGURE 31 IT & TELECOMMUNICATIONS SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD NORTH AMERICA: MARKET SNAPSHOT
  • FIGURE 32 ASIA PACIFIC TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD ASIA PACIFIC: MARKET SNAPSHOT
  • FIGURE 33 NORTH AMERICA: MARKET SNAPSHOT SEGMENTAL REVENUE ANALYSIS OF TOP FIVE MARKET PLAYERS, 2019–2023 (USD MILLION)
  • FIGURE 34 ASIA PACIFIC: MARKET SNAPSHOT SHARE OF LEADING COMPANIES IN MARKET
  • FIGURE 35 SEGMENTAL REVENUE ANALYSIS OF TOP FIVE MARKET PLAYERS, 2019–2023 (USD MILLION) MARKET: COMPARISON OF VENDORS’ BRANDS
  • FIGURE 36 SHARE OF LEADING COMPANIES IN  MARKET: COMPANY VALUATION OF KEY VENDORS, 2025 (USD BILLION)
  • FIGURE 37 MARKET: COMPARISON OF VENDORS’ BRANDS MARKET: FINANCIAL METRICS OF KEY VENDORS, 2025
  • FIGURE 38 ENCRYPTION AS A SERVICE MARKET: COMPANY VALUATION OF KEY VENDORS, 2025 (USD BILLION) MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023
  • FIGURE 39 MARKET: FINANCIAL METRICS OF KEY VENDORS, 2025 MARKET: COMPANY FOOTPRINT
  • FIGURE 40 MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023 MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023
  • FIGURE 41 MARKET: COMPANY FOOTPRINT AWS: COMPANY SNAPSHOT
  • FIGURE 42 MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023 CISCO: COMPANY SNAPSHOT
  • FIGURE 43 AWS: COMPANY SNAPSHOT HASHICORP: COMPANY SNAPSHOT
  • FIGURE 44 CISCO: COMPANY SNAPSHOT GOOGLE: COMPANY SNAPSHOT
  • FIGURE 45 HASHICORP: COMPANY SNAPSHOT BOX: COMPANY SNAPSHOT
  • FIGURE 46 GOOGLE: COMPANY SNAPSHOT IBM: COMPANY SNAPSHOT
  • FIGURE 47 BOX: COMPANY SNAPSHOT MICROSOFT: COMPANY SNAPSHOT
  • FIGURE 48 IBM: COMPANY SNAPSHOT THALES: COMPANY SNAPSHOT
  • FIGURE 49 MICROSOFT: COMPANY SNAPSHOT
  • FIGURE 50 THALES: COMPANY SNAPSHOT

 

Secondary research was conducted to collect information useful for this technical, market-oriented, and commercial study of the global encryption as a service market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain using primary research. Different approaches, such as top-down and bottom-up, were employed to estimate the total market size. After that, the market breakup and data triangulation procedures were used to estimate the market size of the segments and subsegments of the encryption as a service market.

Secondary Research

In the secondary research process, various secondary sources were referred to identify and collect information related to the study. Secondary sources included National Institute of Standards and Technology (NIST), annual reports, press releases, investor presentations of encryption as a service vendors, forums, certified publications, and whitepapers. The secondary research was used to obtain critical information on the industry's value chain, the total pool of key players, market classification, and segmentation from the market and technology-oriented perspectives.

Primary Research

In the primary research process, various primary sources from the supply and demand sides of the encryption as a service market were interviewed to obtain qualitative and quantitative information. The primary sources from the supply side included industry experts, such as Chief Executive Officers (CEOs), Vice Presidents (VPs), marketing directors, technology and innovation directors, and related key executives of various vendors providing encryption as a service solutions and services, associated service providers, and system integrators operating in the targeted regions. All possible parameters that affect the market covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data.

After the complete market engineering process (including calculations for market statistics, market breakups, market size estimations, market forecasting, and data triangulation), extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. The primary research helped identify and validate the segmentation types, industry trends, key players, a competitive landscape of encryption as a services offered by several market vendors, and fundamental market dynamics, such as drivers, restraints, opportunities, challenges, industry trends, and key strategies.

In the complete market engineering process, the bottom-up and top-down approaches and several data triangulation methods were extensively used to estimate and forecast the overall market segments and subsegments listed in this report. An extensive qualitative and quantitative analysis was performed on the complete market engineering process to list the key information/insights throughout the report.

Encryption as a Service Market Size, and Share

Tier 1 companies receive revenues higher than USD 10 billion; Tier 2 companies' revenues range between
USD 1 and 10 billion; and Tier 3 companies' revenues range between USD 500 million and USD 1 billion.
Source: Industry Experts

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Top-down and bottom-up approaches were used to estimate and validate the size of the encryption as a service market and the size of various dependent sub-segments in the overall encryption as a service market. The research methodology used to estimate the market size includes the following details: critical players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure included the study of the annual and financial reports of the top market players, and extensive interviews were conducted for key insights from the industry leaders, such as CEOs, VPs, directors, and marketing executives.

All percentage splits and breakdowns were determined using secondary sources and verified through primary sources. All possible parameters that affect the market covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. This data is consolidated and added to detailed inputs and analysis from MarketsandMarkets.

Encryption as a Service Market : Top-Down and Bottom-Up Approach

Encryption as a Service Market Top Down and Bottom Up Approach

Data Triangulation

The market was split into several segments and subsegments after arriving at the overall market size using the market size estimation processes explained above. The data triangulation and market breakup procedures were employed, wherever applicable, to complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment. The data was triangulated by studying various factors and trends from both the demand and supply sides.

Market Definition

According to MarketsandMarkets, “Encryption as a Service (EaaS) is a cloud-based solution that enables organizations to encrypt data at rest and in transit using advanced cryptographic techniques. This service simplifies the implementation of robust encryption strategies by eliminating the need to manage complex infrastructure, ensuring data confidentiality and integrity while adapting to the varying needs of businesses.”

Stakeholders

  • Government Agencies
  • Encryption as a Service Provider
  • Third-party providers
  • Consultants/Consultancies/Advisory firms
  • System integrators
  • Value-added Resellers (VARs)
  • Investors and Venture Capitalists
  • Cybersecurity Vendors
  • Managed Security Service Providers (MSSPs)
  • Technology Providers

Report Objectives

  • To describe and forecast the global EaaS market by service type, organization size, vertical, and region
  • To forecast the market size of five main regions: North America, Europe, Asia Pacific (APAC), the Middle East & Africa, and Latin America
  • To provide detailed information related to significant factors (drivers, restraints, opportunities, and challenges) influencing the growth of the market
  • To analyze the subsegments of the market concerning individual growth trends, prospects, and contributions to the overall market
  • To profile the key players of the EaaS market and comprehensively analyze their market shares and core competencies
  • To analyze the opportunities in the market for stakeholders and provide the competitive landscape details of major players
  • To map the companies to get competitive intelligence based on company profiles, key player strategies, and game-changing developments such as product developments, collaborations, and acquisitions
  • To track and analyze the competitive developments, such as product enhancements & new product launches, acquisitions, and partnerships & collaborations, in the EaaS market globally.

Available Customizations

With the given market data, MarketsandMarkets offers customizations based on company-specific needs. The following customization options are available for the report:

Geographic Analysis as per Feasibility

  • Further breakup of the Asia Pacific market into countries contributes to the rest of the regional market size.
  • Further breakup of the North American market into countries contributes to the rest of the regional market size.
  • Further breakup of the Latin American market into countries contributing to the rest of the regional market size
  • Further breakup of the Middle East & African market into countries contributing to the rest of the regional market size
  • Further breakup of the European market into countries contributes to the rest of the regional market size

Company Information

  • Detailed analysis and profiling of additional market players (up to 5)

 

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Growth opportunities and latent adjacency in Encryption as a Service Market

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