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Insights on the Managed Encryption Services Global Market to 2027 - Featuring Accenture, Cisco Systems and Dell Technologies Among Others - ResearchAndMarkets.com

By Business Wire

Business Wire
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DUBLIN--(BUSINESS WIRE)--The "Managed Encryption Services Market Research Report by Type, Industry, Deployment, Region - Global Forecast to 2027 - Cumulative Impact of COVID-19" report has been added to ResearchAndMarkets.com's offering.

The Global Managed Encryption Services Market size was estimated at USD 4,876.54 million in 2021, USD 5,544.14 million in 2022, and is projected to grow at a Compound Annual Growth Rate (CAGR) of 13.94% to reach USD 10,672.91 million by 2027.

Competitive Strategic Window:

The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix evaluates and categorizes the vendors in the Managed Encryption Services Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis:

The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

The report provides insights on the following pointers:

1. Market Penetration: Provides comprehensive information on the market offered by the key players

2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets

3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments

4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players

5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:

1. What is the market size and forecast of the Global Managed Encryption Services Market?

2. What are the inhibiting factors and impact of COVID-19 shaping the Global Managed Encryption Services Market during the forecast period?

3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Managed Encryption Services Market?

4. What is the competitive strategic window for opportunities in the Global Managed Encryption Services Market?

5. What are the technology trends and regulatory frameworks in the Global Managed Encryption Services Market?

6. What is the market share of the leading vendors in the Global Managed Encryption Services Market?

7. What modes and strategic moves are considered suitable for entering the Global Managed Encryption Services Market?

Market Dynamics

Drivers

  • Increasing demand for securing sensitive data and need to adhere to stringent regulatory compliances
  • Surge in encryption software vendors and growing government support
  • Increasing proliferation of cloud and virtualization technologies
  • Growing trend of Bring Your Own Devices (BYOD) among enterprises

Restraints

  • Availability of open-source and pirated encryption software

Opportunities

  • Adoption of EAAS (Environment-as-a-service) coupled with the integration of cryptography and data protection
  • Rising adoption of managed encryption services across verticals

Challenges

  • Limited skilled workforce and difficulties associated with the usage of encryption key

Companies Mentioned

  • Accenture PLC
  • AT&T Inc.
  • BitDefender, LLC
  • Bloombase
  • Check Point Software Technologies
  • CipherCloud
  • Cisco Systems, Inc
  • Dell Technologies Inc
  • ESET
  • F-Secure Corporation
  • International Business Machines Corp
  • Kaspersky Lab
  • McAfee LLC
  • MFG Managed Encryption
  • Micro Focus International PLC
  • Microsoft Corporation
  • Oracle Corporation
  • Proofpoint, Inc.
  • Rackspace US, Inc.
  • Redcentric PLC
  • Singapore Telecommunications Limited
  • THALES E-SECURITY LIMITED
  • Thoma Bravo, LP
  • Trend Micro, Inc.
  • WatchGuard Technologies, Inc

For more information about this report visit https://www.researchandmarkets.com/r/9hm7r4


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First published on Wed, Jun 22, 2022

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