Latest Market Research Report 2025

  The global encryption software market size was valued at USD 13.46 billion in 2022 and is projected to expand at a compound annual growth rate (CAGR) of 16.2% from 2023 to 2030. Data security concerns are rising with the growing trend of the Internet of Things (IoT) and Bring Your Own Device (BYOD) among enterprises. It has further led to increased instances of cyberattacks, commercial espionage, data breaches, and theft & losses in companies, which is poised to escalate the need to protect sensitive data and ensure compliance.   Mobile technology advancements in hardware and software, their dissemination among businesses, and the growing penetration of smartphones are likely to catapult the demand for encryption software by 2030. The growing penetration of mobile devices across organizations has augmented the risk of data loss among enterprises, which has made executing encryption software imperative for safe data transmission. Furthermore, as enterprises are ...

  Encryption Software   Industry Overview The global encryption software market size was valued at USD 13.46 billion in 2022 and is projected to expand at a compound annual growth rate (CAGR) of 16.2% from 2023 to 2030. Data security concerns are rising with the growing trend of the Internet of Things (IoT) and Bring Your Own Device (BYOD) among enterprises. It has further led to increased instances of cyberattacks, commercial espionage, data breaches, and theft & losses in companies, which is poised to escalate the need to protect sensitive data and ensure compliance. Gather more insights about the market drivers, restrains and growth of the   Encryption Software Market Mobile technology advancements in hardware and software, their dissemination among businesses, and the growing penetration of smartphones are likely to catapult the demand for encryption software by 2030. The growing penetration of mobile devices across organizations has augmented the risk o...