Honey encryption has emerged as a popular solution to tackle cyber-attacks. It involves the sharing of fake data or creating fake encryption keys whenever a wrong key is entered thereby confusing the attacker and is particularly useful for tackling brutal force attack. This has increased the popularity of honey encryption in financial institutions and cloud environment. With rising incidences of cyber-attacks, the demand for honey encryption to track hackers and avoid potential breaches will also increase. This will be a critical trend that will have a positive impact on the growth of the encryption management solutions market.
The rising demand for digitalization will be one of the significant factors driving encryption management solutions market growth at a CAGR of almost +14% during the forecast period.
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For competitor segment, the report includes global key players of Encryption Management Solutions as well as some small players. At least 6 companies are included:
* Check Point Software Technologies
* Cisco Systems
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The increasing adoption of digitalization and globalization of enterprises have made IT resources prone to cyber-attacks. This has increased the demand for encryption management solutions which will help prevent such cyber-attacks. Enterprises are implementing bring your own device (BYOD) policies and integrating catboats in customer support applications. These policies require enterprises to have complete control over data transaction and protection. Moreover, enterprises are integrating processes based on digitalization to personalize their products and services for end-users. These factors have boosted the demand for encryption management solutions which will enable data protection and prevent data theft during data transit or data-at-rest.
For product type segment, this report listed main product type of Encryption Management Solutions market
* Disk Encryption
* Folder Encryption Communication Encryption
* Cloud Encryption
For end use/application segment, this report focuses on the status and outlook for key applications. End users sre also listed.
* IT and telecom
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Major Points Covered in Table of Contents:
1 Industry Overview
2 Manufacturing Cost Structure Analysis of Encryption Management Solutions Market
3 Technical Data and Manufacturing Plants Analysis
4 Production Analyses of Encryption Management Solutions Market by Regions, Technology, and Applications
5 Sales and Revenue Analysis of Encryption Management Solutions Market by Regions
6 Analyses of Encryption Management Solutions Market Production, Supply, Sales and Market Status 2019-2025
7 Analysis of Encryption Management Solutions Market industry Key Manufacturers
8 Price and Gross Mar Encryption Management Solutions Analysis
9 Marketing Traders or Distributor Analysis of Encryption Management Solutions Market
10 Development Trend of Encryption Management Solutions Market industries 2019-2025
11 Industry Chain Suppliers of Encryption Management Solutions Market with Contact Information
12 New Project Investment Feasibility Analysis of Encryption Management Solutions Market
13 Conclusion of the Encryption Management Solutions industry 2019 Market Research Report
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