1. Market Research
  2. > ICT
  3. > Telecom
  4. > Mobile Services Market Trends
Mobile Encryption Market by Component, Application, End-User Type, Deployment Type, Vertical, and Region - Global Forecast to 2022

Mobile Encryption Market by Component, Application, End-User Type, Deployment Type, Vertical, and Region - Global Forecast to 2022

  • May 2017
  • 150 pages
  • ID: 4901889
  • Format: PDF
  • MarketsandMarkets


Table of Contents

Search Inside

“Need for stringent compliance and increasing concern for data security are driving the mobile encryption market.”
The mobile encryption market size is expected to grow from USD 761.4 million in 2017 to USD 2,917.9 million by 2022, at a Compound Annual Growth Rate (CAGR) of 30.8%. The market is driven by factors such as increased concerns for data security and privacy issues, the proliferation of smartphones and tablets across enterprises, and the need for strict compliance and regulatory requirements. However, increased operational expenditure and budget constraints are some of the major factors hindering the growth of the global mobile encryption market.

“Cloud encryption application is expected to grow at the highest rate during the forecast period.”
The cloud encryption segment among the mobile encryption applications is projected to grow at the highest rate during the forecast period, due to the increased adoption of cloud-based storage and applications across various business processes. Organizations are categorically embracing diverse cloud environments, ranging from private and hybrid to public, for the storage of vast amounts of data. However, risks associated with content protection and data compliance remain to be the prime impediments for cloud embracement across businesses. Thus, it encourages the adoption of cloud encryption to safeguard sensitive information from security breaches and thefts.

“BFSI sector in the mobile encryption market is expected to have the largest market share in 2017.”
The Banking, Financial Services, and Insurance (BFSI) sector represents the highest adoption of mobile encryption out of all the industry verticals. The increasing usage of mobile technology has enhanced the adoption of encryption solutions and services in financial organizations. Pressure from regulatory standards, such as Advanced Encryption Standard (AES) and Payment Card Industry Data Security Standard (PCI DSS) has led companies in this sector to deliver security solutions with encryption software. Mobile encryption technology helps banking and financial companies to cater to financial security, online fund transfer security, and data security by encrypting files, data, and emails.

“APAC is projected to grow at the highest CAGR.”
Asia Pacific includes emerging economies, such as China, Australia, Singapore, and India, which are rapidly deploying mobile encryption solutions. APAC is expected to grow at the highest CAGR during the forecast period. This is mainly due to the increasing adoption of BYOD trends and strict compliance across different industry verticals, such as BFSI, aerospace and defense, government, telecom, retail, and others. Furthermore, North America is expected to have the largest market size in 2017

In-depth interviews were conducted with Chief Executive Officers (CEOs), marketing directors, innovation and technology directors, and executives from various key organizations operating in the mobile encryption market.

The breakup of the profiles of the primary participants is given below:

• By Company: Tier 1 – 18%, Tier 2 – 47%, and Tier 3 – 35%
• By Designation: C level – 54%, Director level – 39%, Others – 7%
• By Region: North America – 69%, Europe – 15%, APAC – 9%, RoW – 7%

The key mobile encryption providers profiled in the report are as follows:

1. Adeya SA (Morges, Switzerland)
2. AlertBoot Data Security (Las Vegas, US)
3. Becrypt, Ltd. (London, UK)
4. BlackBerry Ltd. (Ontario, Canada)
5. CSG, Inc. (Washington, US)
6. Certes Networks, Inc. (Pennsylvania, US)
7. Check Point Software Technologies, Ltd. (Tel Aviv, Israel)
8. DataMotion, Inc. (New Jersey, US)
9. Dell Technologies, Inc. (Texas, US)
10. ESET (Bratislava, Slovakia)
11. Gold Line Group Ltd. (Israel)
12. Hewlett Packard Enterprise (California, US)
13. Huawei Technologies Co. Ltd. (Shenzhen, China)
14. IBM Corporation (New York, US)
15. Intel Corporation (California, US)
16. KoolSpan, Inc. (Maryland, US)
17. MobileIron, Inc. (California, US)
18. Open Whisper Systems (California, US)
19. Proofpoint, Inc. (California, US)
20. SecurStar (Munich, Germany)
21. Silent Circle, LLC (Le Grand-Saconnex, Switzerland)
22. Sophos Ltd. (Abingdon, UK)
23. Symantec Corporation (California, US)
24. T-Systems International GmbH (Frankfurt, Germany)
25. Zix Corporation (Texas, US)

Research Coverage
The mobile encryption market has been segmented based on components (solutions and services), applications, end-user types, deployment types, verticals, and regions. A detailed analysis of the key industry players has been done to provide key insights into their business overview; products and services; key strategies; new product launches; partnerships, agreements, and collaborations; expansions; and competitive landscapes associated with the mobile encryption market.

Reasons to Buy the Report
The report will help the market leaders/new entrants in this market in the following ways:
• This report segments the mobile encryption market comprehensively and provides the closest approximations of the revenue numbers for the overall market and the subsegments across different regions.
• The report helps stakeholders to understand the pulse of the market and provides them information on key market drivers, restraints, challenges, and opportunities.
• This report is expected to help stakeholders to understand the competitors better and gain more insights to better their position in the business. The competitive landscape section includes competitor ecosystems, new product developments, partnerships, and mergers and acquisitions.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Ahmad helps you find the right report:

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.


Reportlinker.com © Copyright 2021. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on