Cloud Encryption Market: Global Business Growth, Demand, Trends, Key Players And Forecasts Till 2017 - 2025
According to the global cloud encryption market is highly consolidated. A few key players who are well established are holding key market shares. Names of the leading players operating in the cloud encryption market are: Thales e-Security Inc., Sophos Group Plc., CipherCloud Inc., IBM Corporation, Secomba GmbH, Gemalto NV, Hytrust Inc., Symantec Corporation, and Netskope Inc. Key players are indulging in technological innovations to strengthen their foothold and eliminate competition. Companies such as SonicWall Inc have released a range of advanced cloud security products in 2017 including SonicWall Cloud Analytics application for deep security data analysis and automated breach detection. Players are also looking to tap on the markets in emerging nations of Asia Pacific as these nations are rapidly adopting cloud solutions. As per estimates of the TMR report, the global cloud encryption market will be worth US$2,912.3 mn by the end of 2025. The market is expected to...