Market Overview

Worldwide Outlook on the Network Encryption Market 2018-2023 - Rapid Adoption of Cloud Technology Requires Organizations to Deploy Network Encryption Solutions - ResearchAndMarkets.com

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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 Highlights

  • The 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

Market Dynamics

Drivers

  • Growing Demand to Comply With the Large Number of Regulatory Standards
  • Growing Need to Shield Organizations from Network Security Breaches

Restraints

  • Frequent Changes in Government Policies for Data Protection Across
    Different Regions

Opportunities

  • Rapid Adoption of Cloud Technology Requires Organizations to Deploy
    Network Encryption Solutions
  • Growing Adoption of IoT in Various Applications

Challenges

  • High Cost of Network Encryption Solutions

Topics Covered

1 Introduction

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 Profiles

  • Adva
  • 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

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