North America Banking Encryption Software Market By Component, By Deployment Type, By Enterprise Size, By Function, By Country, Growth Potential, COVID-19 Impact Analysis Report and Forecast, 2021 - 2027
The North America Banking Encryption Software Market would witness market growth of 10.6% CAGR during the forecast period (2021-2027).
The financial institutes and banks are protecting their customer’s confidential information from cyber-attacks with the help of encryption software that is propelling the banking encryption software market growth. The key factor surging the global market growth is the rise in illegal activities like money laundering, payment card fraud, and accounting fraud. In addition to it, issues related to the integration and implementation among financial institutes and banks are hindering the growth of the market. On the other hand, the increasing usage of banking software around the developing countries is anticipated to provide major opportunities for the growth of predictive analytics in the banking market over the forecast years.
The high adoption of various improved and advanced technology in this region has contributed to the growing demand for the regional banking encryption software market. There are several companies that are heavily investing in the safety and security of their data by adopting various solutions and software. In addition, the growing cases of cyber-attacks and threats to information prevailing across an organization are one of the major factors that would augment the demand for this software in this region.
Moreover, the presence of various global organizations’ headquarters like World Bank and others in this region can create more opportunities for the market players in this region. Several banking and financial institutions are increasingly adopting advanced software to improve their security. Additionally, many companies are also implementing this software to generate more insights and better management for data, which would bolster the growth of the regional market.
The US market dominated the North America Banking Encryption Software Services Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $321.8 million by 2027. The Canada market is exhibiting a CAGR of 15.2% during (2021 - 2027). Additionally, The Mexico market would witness a CAGR of 14.2% during (2021 - 2027).
Based on Component, the market is segmented into Software (Without Services) and Services. Based on Deployment Type, the market is segmented into On-premise and Cloud. Based on Enterprise Size, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on Function, the market is segmented into Disk Encryption, Communication Encryption, File / Folder Encryption, Cloud Encryption, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Broadcom, Inc., Eset, Spol. S.r.o., IBM Corporation, Intel Corporation, McAfee, LLC, Microsoft Corporation, Sophos Group PLC (Thoma Bravo), Thales Group S.A., Trend Micro, Inc., and Winmagic, Inc.
Scope of the Study
Market Segments covered in the Report:
• Software (Without Services)
By Deployment Type
By Enterprise Size
• Large Enterprises
• Small & Medium Enterprises
• Disk Encryption
• Communication Encryption
• File / Folder Encryption
• Cloud Encryption
• Rest of North America
• Broadcom, Inc.
• Eset, Spol. S.r.o.
• IBM Corporation
• Intel Corporation
• McAfee, LLC
• Microsoft Corporation
• Sophos Group PLC (Thoma Bravo)
• Thales Group S.A.
• Trend Micro, Inc.
• Winmagic, Inc.
• Exhaustive coverage
• Highest number of market tables and figures
• Subscription based model available
• Guaranteed best price
• Assured post sales research support with 10% customization free
Our reports have been used by over 10K customers, including:
Pharmacovigilance and Drug Safety Software market is one of the high-growth prospect industries with potential opportunities throughout 2028. The Pharmacovigilance and Drug Safety Software Market growth analysis and insights report analyzes emerging market trends, market size outlook, potential opportunities, market share by Pharmacovigilance...
This IDC study presents a view of the overall AI software market revenue from the historical year 2020 through to the five forecast years of 2021-2025. It drills down on the AI applications market forecast and includes top-line numbers for AI platforms, AI SIS, and AI AD&D software forecasts. This is the first tracker cycle where IDC has...
393 pages •
By Future Market Insight Global & Consulting Pvt Ltd
• Jul 2021
A recent market study published on the real time store monitoring platform market includes a global industry analysis for 2016-2020 and opportunity assessment for 2021-2031, and delivers a comprehensive assessment of the most important market dynamics. After conducting a thorough research on the historical as well as current growth parameters,...
The North America camera tracking software market is expected to grow from US$ 115.68 million in 2021 to US$ 271.38 million by 2028; it is estimated to grow at a CAGR of 13.0% from 2021 to 2028. The growing popularity of science-fiction (sci-fi) movies among youth is a major factor boosting the market growth. This genre explores the impact...
The digital asset management market was valued at USD 2,962.2 million in 2020, and it is expected to reach USD 8,158.6 million by 2026, registering a CAGR of 18.46% during the period of 2021-2026. Owing to the growing push for digital engagement the creating and dissemination of digital content has increased significantly. According...
The Global Collaborative Whiteboard Software market was valued at USD 1,393.87 million in 2020 and is expected to reach USD 3,163.98 million by 2026, registering a CAGR of 14.1%, during the period of 2021-2026. With millions of people now suddenly working from home because of COVID-19’s impact, collaboration tools are witnessing considerable...
The healthcare/medical simulation market is expected to reach USD 3.4 billion by 2026 from USD 1.7 billion in 2021, at a CAGR of 15.1% from 2021 to 2026. The limited access to live patients during training, advancements in medical education, increasing demand for minimally invasive treatments, increasing focus on patient safety, and growing...
175 pages •
By The Business Research Company
• Sep 2021
Major players in the collaboration software market are Citrix Systems Inc., Slack Technologies, Inc., Oracle Corporation, IBM Corporation, AT&T Intellectual Property, Cisco System, Inc., Microsoft Corporation, Google (Alphabet Inc.), BOX, Inc., and TeamViewer GmbH. The global collaboration software market is expected to decline from...
The virtual event software market is expected to grow from US$ 9,675.8 million in 2021 to US$ 24,201.6 million by 2028; it is estimated to register a CAGR of 12.4% from 2021 to 2028. The in-person host event industry has experienced a disruption in face-to-face networking, live events, and buzz of an exhibition events owing to the COVID-19...
Behavioral Health Software market is one of the high-growth prospect industries with potential opportunities throughout 2028. The Behavioral Health Software Market growth analysis and insights report analyzes emerging market trends, market size outlook, potential opportunities, market share by Behavioral Health Software types, applications....
You can change your Cookie Settings at any time but parts of our site will not function correctly without them.