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Network Encryption Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

August 2022 | 145 pages | ID: NDCD1E6353C8EN
IMARC Group

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The global network encryption market size reached US$ 3.82 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 6.45 Billion by 2027, exhibiting a growth rate (CAGR) of 9.0% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

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 2022-2027. 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:
How has the global network encryption market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global network encryption market?
What are the key regional markets?
What is the breakup of the market based on the component?
What is the breakup of the market based on the deployment mode?
What is the breakup of the market based on the organization size?
What is the breakup of the market based on the end use industry?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global network encryption market and who are the key players?
What is the degree of competition in the industry?
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

LIST OF TABLES

Table 1: Global: Network Encryption Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Network Encryption Market Forecast: Breakup by Component (in Million US$), 2022-2027
Table 3: Global: Network Encryption Market Forecast: Breakup by Deployment Mode (in Million US$), 2022-2027
Table 4: Global: Network Encryption Market Forecast: Breakup by Organization Size (in Million US$), 2022-2027
Table 5: Global: Network Encryption Market Forecast: Breakup by End Use Industry (in Million US$), 2022-2027
Table 6: Global: Network Encryption Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 7: Global: Network Encryption Market: Competitive Structure
Table 8: Global: Network Encryption Market: Key Players

LIST OF FIGURES

Figure 1: Global: Network Encryption Market: Major Drivers and Challenges
Figure 2: Global: Network Encryption Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Network Encryption Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Network Encryption Market: Breakup by Component (in %), 2021
Figure 5: Global: Network Encryption Market: Breakup by Deployment Mode (in %), 2021
Figure 6: Global: Network Encryption Market: Breakup by Organization Size (in %), 2021
Figure 7: Global: Network Encryption Market: Breakup by End Use Industry (in %), 2021
Figure 8: Global: Network Encryption Market: Breakup by Region (in %), 2021
Figure 9: Global: Network Encryption (Hardware) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Global: Network Encryption (Hardware) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Global: Network Encryption (Solutions and Services) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: Network Encryption (Solutions and Services) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Network Encryption (Cloud-based) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Network Encryption (Cloud-based) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Network Encryption (On-premises) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: Network Encryption (On-premises) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: Network Encryption (Small and Medium-sized Enterprises) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: Network Encryption (Small and Medium-sized Enterprises) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Global: Network Encryption (Large Enterprises) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Global: Network Encryption (Large Enterprises) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Global: Network Encryption (Telecom and IT) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Global: Network Encryption (Telecom and IT) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Global: Network Encryption (BFSI) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Global: Network Encryption (BFSI) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Global: Network Encryption (Government) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Global: Network Encryption (Government) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Global: Network Encryption (Media and Entertainment) Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: Global: Network Encryption (Media and Entertainment) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: Global: Network Encryption (Other End Use Industries) Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: Global: Network Encryption (Other End Use Industries) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: North America: Network Encryption Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: North America: Network Encryption Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: United States: Network Encryption Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: United States: Network Encryption Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: Canada: Network Encryption Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: Canada: Network Encryption Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: Asia-Pacific: Network Encryption Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: Asia-Pacific: Network Encryption Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: China: Network Encryption Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: China: Network Encryption Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: Japan: Network Encryption Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: Japan: Network Encryption Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: India: Network Encryption Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: India: Network Encryption Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: South Korea: Network Encryption Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: South Korea: Network Encryption Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: Australia: Network Encryption Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: Australia: Network Encryption Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: Indonesia: Network Encryption Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: Indonesia: Network Encryption Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: Others: Network Encryption Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: Others: Network Encryption Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: Europe: Network Encryption Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: Europe: Network Encryption Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: Germany: Network Encryption Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: Germany: Network Encryption Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: France: Network Encryption Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: France: Network Encryption Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 59: United Kingdom: Network Encryption Market: Sales Value (in Million US$), 2016 & 2021
Figure 60: United Kingdom: Network Encryption Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: Italy: Network Encryption Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: Italy: Network Encryption Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 63: Spain: Network Encryption Market: Sales Value (in Million US$), 2016 & 2021
Figure 64: Spain: Network Encryption Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 65: Russia: Network Encryption Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: Russia: Network Encryption Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: Others: Network Encryption Market: Sales Value (in Million US$), 2016 & 2021
Figure 68: Others: Network Encryption Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 69: Latin America: Network Encryption Market: Sales Value (in Million US$), 2016 & 2021
Figure 70: Latin America: Network Encryption Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 71: Brazil: Network Encryption Market: Sales Value (in Million US$), 2016 & 2021
Figure 72: Brazil: Network Encryption Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 73: Mexico: Network Encryption Market: Sales Value (in Million US$), 2016 & 2021
Figure 74: Mexico: Network Encryption Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 75: Others: Network Encryption Market: Sales Value (in Million US$), 2016 & 2021
Figure 76: Others: Network Encryption Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 77: Middle East and Africa: Network Encryption Market: Sales Value (in Million US$), 2016 & 2021
Figure 78: Middle East and Africa: Network Encryption Market: Breakup by Country (in %), 2021
Figure 79: Middle East and Africa: Network Encryption Market Forecast: Sales Value (in Million US$), 2022-2027
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


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