Portland, OR -- (SBWIRE) -- 08/01/2017 -- Mobile encryption is a process of securing any information stored on an electronic device. It includes securing photos, documents, email and text conversations. An encrypted device could be unlocked by PIN codes which is in the form of combination of numbers, texts, or combination of both. There is always a need to regularly update the security systems so that system is ready to counter new threats, attacks and cyber criminals. The mobile encryption market is expected to grow at a CAGR of around 29% from 2017 to 2025.

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The mobile encryption market is segmented into components, which includes solutions, services, professional service, and managed services. The professional service is further categorized into consulting, training and education, support and maintenance. Based on application the market is segmented into cloud encryption, communication encryption, file/folder encryption, disc encryption. Moreover, the market is distributed by end user which constitutes small and medium enterprises(SMEs) and large enterprises. According to verticals the market is categorized into banking, financial services, insurance(BFSI), healthcare, retail, telecommunication and IT, aerospace and defense and others (manufacturing, media and entertainment, education). Geographic breakdown and deep analysis of each of the aforesaid segments is included for North America, Europe, Asia-Pacific, and LAMEA.

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Market Dynamics:

Drivers:

Increased concerns for data security and privacy
Strict compliance and regulatory requirements.

Restraints:

Increase in operational expenditure
Budget constraints
Market Players:

The top players in the mobile encryption market include Adeya SA, Becrypt, Ltd, AlertBoot Data Security, CSG, Inc., Certes Networks, Inc, Check Point Software Technologies, Ltd, DataMotion, Inc, Gold Line Group Ltd., Huawei Technologies Co. Ltd., BlackBerry Ltd

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MARKET LANDSCAPE

By Components
Solutions
Services
Professional services
Consulting
Training and education
Support and maintenance
Managed services

By Application
Cloud encryption
Communication encryption
File/folder encryption
Disc encryption

By End User
Small and medium enterprises(SMEs)
Large enterprises.

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Table Of Contents:
1. Executive summary
1.1. Key Findings
1.2. Market Attractiveness and Trend analysis
1.3. Competitive Landscape and recent industry development analysis
2. Introduction
2.1. Report Description
2.2. Scope and Definitions
2.3. Research Methodology
3. Market landscape
3.1. Growth Drivers
3.1.1. Impact Analysis
3.2. Restraints and Challenges
4. Mobile Encryption Market by Components
4.1. Solutions
4.1.1. Historical Market Size by Region, 2014-2016
4.1.2. Market Forecast by Region, 2017-2025
4.2. Services