Application-level Encryption Market: Anticipated To Experience Extraordinary Growth During Forecast Period 2020 - 2030
Application-level Encryption Market: Introduction In application-level encryption , the process of data encrypting is completed by the application that is used to modify or generate the data that is to be encrypted on servers. The application-level encryption provides robust security, operational flexibility, and high performance to the systems. Application encryption solutions deliver data protection and operational efficiency with the flexibility to handle a wide spectrum of applications - from high-volume applications and fully automated to low-volume and tightly supervised applications. The global application-level encryption market is anticipated to expand at a CAGR of 25% during the forecast period, and was valued at US$ 718.5 Mn in 2019. The application-level encryption market is witnessing noticeable growth, owing to the growing adoption of cloud-based application-level encryption solutions globally. The increasing prominence of cloud-based application-level ...