As on date of publishing, this report will capture the impact assessment of COVID-19 on this market and the same will be considered in our market forecast model. Clients purchasing this report between April and June 2020 will be getting a ‘free’ updated market data excel sheet between July and September 2020 accounting for the impact of COVID-19 on the market in the current year 2020 and forecast.

Global cloud encryption market is expected to grow at a CAGR of close to 30% during the forecast period. High cloud adoption and virtualization is one of the key factors due to which the market is anticipated to rev up during the forecast years. Moreover, increased instances of data breaches is contributing to high demand for cloud encryption which is positively impacting the growth of market during the forecast period. Furthermore, existence of norms and regulations for the increased adoption of cloud encryption solutions is expected to bolster the growth of market over the next few years.

The global cloud encryption market is segmented based on component, service model, organization size, end use, company, and region. Based on service model, the market can be categorized into infrastructure-as-a-service (IaaS), software-as-a-service (SaaS), platform-as-a-service (PaaS). Out of which, the software-as-a-service segment is expected to grow at the highest CAGR during the forecast period which can be attributed to growing requirement to protect cloud applications from cyber-attacks. In addition to this, increase in the use of cloud-based applications among numerous industry verticals is further contributing to the growing trend for SaaS.

In terms of end use, the market is fragmented into It & telecommunication, BFSI, health care, entertainment & media, retail, education others. Among them, IT & telecommunication segment is estimated to dominate the market in the next five years which is accredited to the use of cloud encryption technology in providing real-time access in case of emergency and to improve the proficiency of clinical and IT staff.

The major players operating in the cloud encryption market are Ciphercloud, Gemalto, Hytrust, IBM, Netskope, Secomba, Skyhigh Networks, Sophos, Symantec, Thales E-Security and others. The key market players are adopting some several competitive strategies such as mergers & acquisitions, collaborations, partnership, agreements in order to expand their geographic reach and to increase their customer basis.

Years considered for this report:

Historical Years: 2015-2018

Base Year: 2019

Estimated Year: 2020

Forecast Period: 2021–2025

Objective of the Study:

  • To analyze and estimate the market size of global cloud encryption market from 2015 to 2018.
  • To estimate and forecast the market size of global cloud encryption market from 2019 to 2025 and growth rate until 2025.
  • To classify and forecast global cloud encryption market based on component, service model, organization size, end use, company and regional distribution.
  • To identify dominant region or segment in the global cloud encryption market.
  • To identify drivers and challenges for global cloud encryption market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global cloud encryption market.
  • To conduct pricing analysis for global cloud encryption market.
  • To identify and analyze the profile of leading players operating in global cloud encryption market.
  • To identify key sustainable strategies adopted by market players in global cloud encryption market.


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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of service providers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the providers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the service providers and presence of all major players across the globe.

TechSci Research calculated the market size of global cloud encryption market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.


Key Target Audience:

  • Cloud encryption service provider
  • Market research and consulting firms
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums and alliances related to cloud encryption

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, global cloud encryption market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Global Cloud Encryption Market, By Component:
    • Solutions
    • Services
  • Global Cloud Encryption Market, By Service Model:
    • Infrastructure-as-a-Service (IaaS)
    • Software-as-a-Service (SaaS)
    • Platform-as-a-Service (PaaS)
  • Global Cloud Encryption Market, By Organization Size:
    • SMEs
    • Large
  • Global Cloud Encryption Market, By End Use:
    • IT & Telecommunication
    • BFSI
    • Health Care
    • Entertainment & Media
    • Retail
    • Education
    • Others
  • Global Cloud Encryption Market, By Region:
    • North America
      • United States
      • Canada
      • Mexico
    • Europe
      • Germany
      • France
      • United Kingdom
      • Italy
      • Spain
    • Asia-Pacific
      • China
      • Japan
      • India
      • South Korea
      • Australia
    • Middle East & Africa
      • South Africa
      • Saudi Arabia
      • UAE
    • South America
      • Brazil
      • Argentina
      • Colombia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global cloud encryption market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

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In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com

1.    Product Overview

2.    Research Methodology

3.    Executive Summary

4.    Voice of Customer

5.    Global Cloud Encryption Market Outlook

5.1.  Market Size & Forecast

5.1.1.     By Value

5.2.  Market Share & Forecast

5.2.1.     By Component (Solutions and Services)

5.2.2.     By Service Model (Infrastructure-as-a-Service (IaaS), Software-as-a-Service (SaaS), Platform-as-a-Service (PaaS))

5.2.3.     By Organization Size (SMEs Vs Large Organization)

5.2.4.     By End Use (IT & Telecommunication, BFSI, Health Care, Entertainment & Media, Retail, Education Others)

5.2.5.     By Company

5.2.6.     By Region

5.3.  Market Attractiveness Index

6.    Asia-Pacific Cloud Encryption Market Outlook

6.1.  Market Size & Forecast          

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Component

6.2.2.     By Service Model

6.2.3.     By Organization Size

6.2.4.     By End User

6.2.5.     By Country

6.3.  Asia-Pacific: Country Analysis

6.3.1.     China Cloud Encryption Market Outlook

6.3.1.1.         Market Size & Forecast

6.3.1.1.1.             By Value

6.3.1.2.         Market Share & Forecast

6.3.1.2.1.             By Component

6.3.1.2.2.             By Service Model

6.3.1.2.3.             By Organization Size

6.3.1.2.4.             By End User

6.3.2.     India Cloud Encryption Market Outlook

6.3.2.1.         Market Size & Forecast

6.3.2.1.1.             By Value

6.3.2.2.         Market Share & Forecast

6.3.2.2.1.             By Component

6.3.2.2.2.             By Service Model

6.3.2.2.3.             By Organization Size

6.3.2.2.4.             By End User

6.3.3.     Australia Cloud Encryption Market Outlook

6.3.3.1.         Market Size & Forecast

6.3.3.1.1.             By Value

6.3.3.2.         Market Share & Forecast

6.3.3.2.1.             By Component

6.3.3.2.2.             By Service Model

6.3.3.2.3.             By Organization Size

6.3.3.2.4.             By End User

6.3.4.     Japan Cloud Encryption Market Outlook

6.3.4.1.         Market Size & Forecast

6.3.4.1.1.             By Value

6.3.4.2.         Market Share & Forecast

6.3.4.2.1.             By Component

6.3.4.2.2.             By Service Model

6.3.4.2.3.             By Organization Size

6.3.4.2.4.             By End User

6.3.5.     South Korea Cloud Encryption Market Outlook

6.3.5.1.         Market Size & Forecast

6.3.5.1.1.             By Value

6.3.5.2.         Market Share & Forecast

6.3.5.2.1.             By Component

6.3.5.2.2.             By Service Model

6.3.5.2.3.             By Organization Size

6.3.5.2.4.             By End User

7.    Europe Cloud Encryption Market Outlook

7.1.  Market Size & Forecast          

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Component

7.2.2.     By Service Model

7.2.3.     By Organization Size

7.2.4.     By End User

7.2.5.     By Country

7.3.  Europe: Country Analysis

7.3.1.     France Cloud Encryption Market Outlook

7.3.1.1.         Market Size & Forecast

7.3.1.1.1.             By Value

7.3.1.2.         Market Share & Forecast

7.3.1.2.1.             By Component

7.3.1.2.2.             By Service Model

7.3.1.2.3.             By Organization Size

7.3.1.2.4.             By End User

7.3.2.     Germany Cloud Encryption Market Outlook

7.3.2.1.         Market Size & Forecast

7.3.2.1.1.             By Value

7.3.2.2.         Market Share & Forecast

7.3.2.2.1.             By Component

7.3.2.2.2.             By Service Model

7.3.2.2.3.             By Organization Size

7.3.2.2.4.             By End User

7.3.3.     United Kingdom Cloud Encryption Market Outlook

7.3.3.1.         Market Size & Forecast

7.3.3.1.1.             By Value

7.3.3.2.         Market Share & Forecast

7.3.3.2.1.             By Component

7.3.3.2.2.             By Service Model

7.3.3.2.3.             By Organization Size

7.3.3.2.4.             By End Use

7.3.4.     Italy Cloud Encryption Market Outlook

7.3.4.1.         Market Size & Forecast

7.3.4.1.1.             By Value

7.3.4.2.         Market Share & Forecast

7.3.4.2.1.             By Component

7.3.4.2.2.             By Service Model

7.3.4.2.3.             By Organization Size

7.3.4.2.4.             By End User

7.3.5.     Spain Cloud Encryption Market Outlook

7.3.5.1.         Market Size & Forecast

7.3.5.1.1.             By Value

7.3.5.2.         Market Share & Forecast

7.3.5.2.1.             By Component

7.3.5.2.2.             By Service Model

7.3.5.2.3.             By Organization Size

7.3.5.2.4.             By End User

8.    North America Cloud Encryption Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Component

8.2.2.     By Service Model

8.2.3.     By Organization Size

8.2.4.     By End User

8.2.5.     By Country

8.3.  North America: Country Analysis

8.3.1.     United States Cloud Encryption Market Outlook

8.3.1.1.         Market Size & Forecast

8.3.1.1.1.             By Value

8.3.1.2.         Market Share & Forecast

8.3.1.2.1.             By Component

8.3.1.2.2.             By Service Model

8.3.1.2.3.             By Organization Size

8.3.1.2.4.             By End User

8.3.2.     Mexico Cloud Encryption Market Outlook

8.3.2.1.         Market Size & Forecast

8.3.2.1.1.             By Value

8.3.2.2.         Market Share & Forecast

8.3.2.2.1.             By Component

8.3.2.2.2.             By Service Model

8.3.2.2.3.             By Organization Size

8.3.2.2.4.             By End User

8.3.3.     Canada Cloud Encryption Market Outlook

8.3.3.1.         Market Size & Forecast

8.3.3.1.1.             By Value

8.3.3.2.         Market Share & Forecast

8.3.3.2.1.             By Component

8.3.3.2.2.             By Service Model

8.3.3.2.3.             By Organization Size

8.3.3.2.4.             By End User

9.    South America Cloud Encryption Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value

9.2.  Market Share & Forecast

9.2.1.     By Component

9.2.2.     By Service Model

9.2.3.     By Organization Size

9.2.4.     By End User

9.2.5.     By Country

9.3.  South America: Country Analysis

9.3.1.     Brazil Cloud Encryption Market Outlook

9.3.1.1.         Market Size & Forecast

9.3.1.1.1.             By Value

9.3.1.2.         Market Share & Forecast

9.3.1.2.1.             By Component

9.3.1.2.2.             By Service Model

9.3.1.2.3.             By Organization Size

9.3.1.2.4.             By End User

9.3.2.     Argentina Cloud Encryption Market Outlook

9.3.2.1.         Market Size & Forecast

9.3.2.1.1.             By Value

9.3.2.2.         Market Share & Forecast

9.3.2.2.1.             By Component

9.3.2.2.2.             By Service Model

9.3.2.2.3.             By Organization Size

9.3.2.2.4.             By End User

9.3.3.     Colombia Cloud Encryption Market Outlook

9.3.3.1.         Market Size & Forecast

9.3.3.1.1.             By Value

9.3.3.2.         Market Share & Forecast

9.3.3.2.1.             By Component

9.3.3.2.2.             By Service Model

9.3.3.2.3.             By Organization Size

9.3.3.2.4.             By End Use

10.  Middle East and Africa Cloud Encryption Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value

10.2.              Market Share & Forecast

10.2.1.  By Component

10.2.2.  By Service Model

10.2.3.  By Organization Size

10.2.4.  By End User

10.2.5.  By Country

10.3.              MEA: Country Analysis

10.3.1.  South Africa Cloud Encryption Market Outlook

10.3.1.1.      Market Size & Forecast

10.3.1.1.1.           By Value

10.3.1.2.      Market Share & Forecast

10.3.1.2.1.           By Component

10.3.1.2.2.           By Service Model

10.3.1.2.3.           By Organization Size

10.3.1.2.4.           By End User

10.3.2.  Saudi Arabia Cloud Encryption Market Outlook

10.3.2.1.      Market Size & Forecast

10.3.2.1.1.           By Value

10.3.2.2.      Market Share & Forecast

10.3.2.2.1.           By Component

10.3.2.2.2.           By Service Model

10.3.2.2.3.           By Organization Size

10.3.2.2.4.           By End User

10.3.3.  UAE Cloud Encryption Market Outlook

10.3.3.1.      Market Size & Forecast

10.3.3.1.1.           By Value

10.3.3.2.      Market Share & Forecast

10.3.3.2.1.           By Component

10.3.3.2.2.           By Service Model

10.3.3.2.3.           By Organization Size

10.3.3.2.4.           By End User

11.  Market Dynamics

11.1.              Drivers

11.2.              Challenges

12.  Market Trends & Developments

13.  Competitive Landscape

13.1.              Ciphercloud Inc.

13.2.              Gemalto NV

13.3.              Hytrust Inc.

13.4.              IBM Corp.

13.5.              Netskope Inc.

13.6.              Secomba GmbH

13.7.              Skyhigh Networks, Inc.

13.8.              Sophos Group plc.

13.9.              Symantec Software Solutions Pvt Ltd

13.10.            Thales E-Security, Inc.

14.  Strategic Recommendations

15.  About Us & Disclaimer

 

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