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Report
Network Encryption Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Report I 2023-11-24 I 144 Pages I IMARC Group
The global network encryption market size reached US$ 4.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 7.0 Billion by 2028, exhibiting a growth rate (CAGR) of 8.89% during 2022-2028.
Network encryption solutions help protect the privacy and sensitive data of organizations against espionage. They ensure that the data is end-to-end encrypted while transmitting over a computer network. They can be incorporated with zero-touch encryption key management to provide robust, authenticated, and high-assurance encryption. Nowadays, companies across the globe are focusing on integrating network encryption solutions into a single platform to protect website traffic, internal networks, corporate backbone networks, and virtual private networks (VPNs).
Network Encryption Market Trends:
The growing exchange of data via different networks represents one of the key factors catalyzing the demand for network encryption solutions to protect intellectual property and sensitive business information. Moreover, data threats and cybercriminal activities cause a huge financial loss to individuals and governing agencies. As a result, public authorities are deploying these solutions to secure digital communications and network transmitted data against cyberattacks and data breaches. Apart from this, the growing trend of m-health services, the emerging use of electronic health records (EHRs), and the increasing adoption of connected devices are driving the application of network encryption solutions in the healthcare industry worldwide. This can also be attributed to the growing prevalence of chronic diseases and improving access to healthcare facilities. Network encryption solutions safeguard electronic patient information from data breaches, keep critical systems secure, and contribute to compliance with stringent governmental regulations. Furthermore, digitization of energy services and rising concerns of preventing operational data loss are positively influencing the market. In addition, the increasing energy demand, along with growing investments by governing agencies of various countries in the renewable energy infrastructure, is providing lucrative growth opportunities to players operating in the industry.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global network encryption market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on component, deployment mode, organization size and end use industry.
Breakup by Component:
Hardware
Solutions and Services
Breakup by Deployment Mode:
Cloud-based
On-premises
Breakup by Organization Size:
Small and Medium-sized Enterprises
Large Enterprises
Breakup by End Use Industry:
Telecom and IT
BFSI
Government
Media and Entertainment
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Atos SE, Ciena Corporation, Cisco Systems Inc., Colt Technology Services Group Limited, F5 Networks Inc., International Business Machines Corporation, Juniper Networks Inc., Nokia Corporation, PacketLight Networks Ltd., Raytheon Technologies Corporation, Rohde & Schwarz GmbH & Co KG, Securosys SA, Senetas Corporation Limited, Thales Group and Viasat Inc.
Key Questions Answered in This Report
1. What was the size of the global network encryption market in 2022?
2. What is the expected growth rate of the global network encryption market during 2023-2028?
3. What has been the impact of COVID-19 on the global network encryption market?
4. What are the key factors driving the global network encryption market?
5. What is the breakup of the global network encryption market based on the component?
6. What is the breakup of the global network encryption market based on the organization size?
7. What is the breakup of the global network encryption market based on the end use industry?
8. What are the key regions in the global network encryption market?
9. Who are the key players/companies in the global network encryption market?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Network Encryption Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Component
6.1 Hardware
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Solutions and Services
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Deployment Mode
7.1 Cloud-based
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 On-premises
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Organization Size
8.1 Small and Medium-sized Enterprises
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Large Enterprises
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by End Use Industry
9.1 Telecom and IT
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 BFSI
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Government
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Media and Entertainment
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Others
9.5.1 Market Trends
9.5.2 Market Forecast
10 Market Breakup by Region
10.1 North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2 Asia-Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3 Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4 Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5 Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 Atos SE
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.1.3 Financials
15.3.1.4 SWOT Analysis
15.3.2 Ciena Corporation
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.2.3 Financials
15.3.2.4 SWOT Analysis
15.3.3 Cisco Systems Inc.
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.3.3 Financials
15.3.3.4 SWOT Analysis
15.3.4 Colt Technology Services Group Limited
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.4.3 SWOT Analysis
15.3.5 F5 Networks Inc.
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.5.3 Financials
15.3.5.4 SWOT Analysis
15.3.6 International Business Machines Corporation
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.6.3 Financials
15.3.6.4 SWOT Analysis
15.3.7 Juniper Networks Inc.
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.7.3 Financials
15.3.7.4 SWOT Analysis
15.3.8 Nokia Corporation
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.8.3 Financials
15.3.8.4 SWOT Analysis
15.3.9 PacketLight Networks Ltd.
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.10 Raytheon Technologies Corporation
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio
15.3.10.3 Financials
15.3.10.4 SWOT Analysis
15.3.11 Rohde & Schwarz GmbH & Co KG
15.3.11.1 Company Overview
15.3.11.2 Product Portfolio
15.3.12 Securosys SA
15.3.12.1 Company Overview
15.3.12.2 Product Portfolio
15.3.13 Senetas Corporation Limited
15.3.13.1 Company Overview
15.3.13.2 Product Portfolio
15.3.13.3 Financials
15.3.14 Thales Group
15.3.14.1 Company Overview
15.3.14.2 Product Portfolio
15.3.14.3 Financials
15.3.14.4 SWOT Analysis
15.3.15 Viasat Inc.
15.3.15.1 Company Overview
15.3.15.2 Product Portfolio
15.3.15.3 Financials
15.3.15.4 SWOT Analysis
Figure 1: Global: Network Encryption Market: Major Drivers and Challenges
Figure 2: Global: Network Encryption Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Network Encryption Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Network Encryption Market: Breakup by Component (in %), 2022
Figure 5: Global: Network Encryption Market: Breakup by Deployment Mode (in %), 2022
Figure 6: Global: Network Encryption Market: Breakup by Organization Size (in %), 2022
Figure 7: Global: Network Encryption Market: Breakup by End Use Industry (in %), 2022
Figure 8: Global: Network Encryption Market: Breakup by Region (in %), 2022
Figure 9: Global: Network Encryption (Hardware) Market: Sales Value (in Million US$), 2017 & 2022
Figure 10: Global: Network Encryption (Hardware) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 11: Global: Network Encryption (Solutions and Services) Market: Sales Value (in Million US$), 2017 & 2022
Figure 12: Global: Network Encryption (Solutions and Services) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 13: Global: Network Encryption (Cloud-based) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Global: Network Encryption (Cloud-based) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: Global: Network Encryption (On-premises) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Global: Network Encryption (On-premises) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: Global: Network Encryption (Small and Medium-sized Enterprises) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Global: Network Encryption (Small and Medium-sized Enterprises) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: Global: Network Encryption (Large Enterprises) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Global: Network Encryption (Large Enterprises) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: Global: Network Encryption (Telecom and IT) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: Global: Network Encryption (Telecom and IT) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: Global: Network Encryption (BFSI) Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: Global: Network Encryption (BFSI) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: Global: Network Encryption (Government) Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: Global: Network Encryption (Government) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: Global: Network Encryption (Media and Entertainment) Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: Global: Network Encryption (Media and Entertainment) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 29: Global: Network Encryption (Other End Use Industries) Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: Global: Network Encryption (Other End Use Industries) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 31: North America: Network Encryption Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: North America: Network Encryption Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 33: United States: Network Encryption Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: United States: Network Encryption Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 35: Canada: Network Encryption Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: Canada: Network Encryption Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 37: Asia-Pacific: Network Encryption Market: Sales Value (in Million US$), 2017 & 2022
Figure 38: Asia-Pacific: Network Encryption Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 39: China: Network Encryption Market: Sales Value (in Million US$), 2017 & 2022
Figure 40: China: Network Encryption Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 41: Japan: Network Encryption Market: Sales Value (in Million US$), 2017 & 2022
Figure 42: Japan: Network Encryption Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 43: India: Network Encryption Market: Sales Value (in Million US$), 2017 & 2022
Figure 44: India: Network Encryption Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 45: South Korea: Network Encryption Market: Sales Value (in Million US$), 2017 & 2022
Figure 46: South Korea: Network Encryption Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 47: Australia: Network Encryption Market: Sales Value (in Million US$), 2017 & 2022
Figure 48: Australia: Network Encryption Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 49: Indonesia: Network Encryption Market: Sales Value (in Million US$), 2017 & 2022
Figure 50: Indonesia: Network Encryption Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 51: Others: Network Encryption Market: Sales Value (in Million US$), 2017 & 2022
Figure 52: Others: Network Encryption Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 53: Europe: Network Encryption Market: Sales Value (in Million US$), 2017 & 2022
Figure 54: Europe: Network Encryption Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 55: Germany: Network Encryption Market: Sales Value (in Million US$), 2017 & 2022
Figure 56: Germany: Network Encryption Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 57: France: Network Encryption Market: Sales Value (in Million US$), 2017 & 2022
Figure 58: France: Network Encryption Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 59: United Kingdom: Network Encryption Market: Sales Value (in Million US$), 2017 & 2022
Figure 60: United Kingdom: Network Encryption Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 61: Italy: Network Encryption Market: Sales Value (in Million US$), 2017 & 2022
Figure 62: Italy: Network Encryption Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 63: Spain: Network Encryption Market: Sales Value (in Million US$), 2017 & 2022
Figure 64: Spain: Network Encryption Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 65: Russia: Network Encryption Market: Sales Value (in Million US$), 2017 & 2022
Figure 66: Russia: Network Encryption Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 67: Others: Network Encryption Market: Sales Value (in Million US$), 2017 & 2022
Figure 68: Others: Network Encryption Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 69: Latin America: Network Encryption Market: Sales Value (in Million US$), 2017 & 2022
Figure 70: Latin America: Network Encryption Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 71: Brazil: Network Encryption Market: Sales Value (in Million US$), 2017 & 2022
Figure 72: Brazil: Network Encryption Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 73: Mexico: Network Encryption Market: Sales Value (in Million US$), 2017 & 2022
Figure 74: Mexico: Network Encryption Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 75: Others: Network Encryption Market: Sales Value (in Million US$), 2017 & 2022
Figure 76: Others: Network Encryption Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 77: Middle East and Africa: Network Encryption Market: Sales Value (in Million US$), 2017 & 2022
Figure 78: Middle East and Africa: Network Encryption Market: Breakup by Country (in %), 2022
Figure 79: Middle East and Africa: Network Encryption Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 80: Global: Network Encryption Industry: SWOT Analysis
Figure 81: Global: Network Encryption Industry: Value Chain Analysis
Figure 82: Global: Network Encryption Industry: Porter's Five Forces Analysis
Table 1: Global: Network Encryption Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Network Encryption Market Forecast: Breakup by Component (in Million US$), 2023-2028
Table 3: Global: Network Encryption Market Forecast: Breakup by Deployment Mode (in Million US$), 2023-2028
Table 4: Global: Network Encryption Market Forecast: Breakup by Organization Size (in Million US$), 2023-2028
Table 5: Global: Network Encryption Market Forecast: Breakup by End Use Industry (in Million US$), 2023-2028
Table 6: Global: Network Encryption Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 7: Global: Network Encryption Market: Competitive Structure
Table 8: Global: Network Encryption Market: Key Players
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