Global Network Encryption Market, By Transmission Type (Optical Transmission, Traditional Transmission), Component (Hardware, Platform, Services), Deployment Type (Cloud, On-Premises), Data Rate (Less Than 10g, Greater Than 10g and Less Than 40g, Greater Than 40g and Less Than 100g, Greater Than 100g), Organization Size (Small and Medium-Sized Enterprises, Large Enterprises), Vertical (Banking, Financial Services, and Insurance (BFSI), Telecom and IT, Media and Entertainment, Government, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
The market for network encryption is expected to see market growth at a rate of 9.50% in the 2021 to 2028 forecast period. Data Bridge Market Research study on the market for network encryption provides analysis and insights into the various factors that are expected to be prevalent throughout the forecast period while providing their impact on the growth of the market.
Network encryption serves as the security boundary between multi-network communications. A collection of open IETF (Internet Engineering Task Force) standards, which are used in combination, are implemented through internet protocol security (IPSec) through various algorithms to create a framework for private communication over IP networks. IPSec works within the structure of the network, which ensures that end-users and applications do not need to be altered in any way.
Increasing need to shield organizations from network security breaches, growing demand to comply with the large number of regulatory standards, increasing demand for high-speed connectivity along with rising acceptance of internet of things in various applications, growing penetration of technology facilitators, coupled with increasing acceptance of virtual shopping, expansion of e-commerce sector are some of the major as well as vital factors which will likely to boost the growth of the network encryption market in the projected timeframe of 2021-2028. On the other hand, increasing adoption of cloud technology along with increasing number of technological advancement which will further contribute y generating massive opportunities that will lead to the growth of the network encryption market in the above mentioned projected timeframe.
High implementation cost of network encryption solutions along with frequent changes in government policies for data protection which will likely to act as market restraints factor for the growth of the network encryption in the above mentioned projected timeframe. Complex integration along with stringent government policies associated with the data protection which will become the biggest and foremost challenge for the growth of the market.
This network encryption market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on network encryption market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Network Encryption Market Scope and Market Size
Network encryption market is segmented on the basis of transmission type, component, deployment type, data range, organization size, and vertical. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- Network encryption market on the basis of transmission type has been segmented as optical transmission, and traditional transmission. Traditional transmission has been further segmented into twisted pair cable, coaxial cable, and radio waves and microwaves.
- Based on component, the network encryption market has been segmented into hardware, platform, and services. Services have been further segmented into advisory services, integration and implementation services, training and support services, and managed services.
- On the basis of deployment type, the network encryption market has been segmented into cloud and on-premises.
- On the basis of data range, the network encryption market has been segmented into less than 10g, greater than 10g and less than 40g, greater than 40g and less than 100g, and greater than 100g.
- Based on organization size, the network encryption market has been segmented into small and medium-sized enterprises, and large enterprises.
- Network encryption market has also been segmented on the basis of vertical into banking, financial services, and insurance (BFSI), telecom and IT, media and entertainment, government, and others.
Network Encryption Market Country Level Analysis
Network encryption market is analysed and market size, volume information is provided by country, transmission type, component, deployment type, data range, organization size, and vertical as referenced above.
The countries covered in the network encryption market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America will dominate the network encryption market due to the increasing number of technological advancement along with various industries are focusing on deploying network encryption on their platform such as telecom and IT, media and entertainment, BFSI, and others while Asia-Pacific region will expect to grow in the forecast period of 2021-2028 due to the increasing adoption of cloud technology among various organizations in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Network Encryption Market Share Analysis
Network encryption market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to network encryption market.
The major players covered in the network encryption market report are Cisco; Juniper Networks, Inc.; NOKIA.; Thales.; Atos SE; Ciena Corporation.; Rohde & Schwarz; ADVA Optical Networking; Colt Technology Services Group Limited; Huawei Technologies Co., Ltd.; Hewlett Packard Enterprise Development LP; F5, Inc.; ECI Telecom; Senetas Corporation Limited.; Viasat, Inc.; Raytheon Technologies.; Quantum Xchange.; Technical Communications Corporation; ARRIS Group, Inc.; atmedia GmbH; Securosys SA.; PacketLight Networks; CERTES NETWORKS, INC; among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.