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GLOBAL BANK ENCRYPTION SOFTWARE MARKET FORECAST 2022-2030

The global bank encryption software market was valued at $xx million in 2021, and is expected to reach $34732.45 million by 2030, growing at a CAGR of 13.39% during the forecast period.

GLOBAL BANK ENCRYPTION SOFTWARE MARKET FORECAST 2022-2030

Global Bank Encryption Software Market by Deployment Model (on-premise Bank Encryption Software, Cloud Bank Encryption Software) Market by Enterprise Size (Large Enterprises, Small & Medium Enterprises) Market by Component (Software, Services) Market by Function (Disk Encryption, Communication Encryption, Cloud Encryption, File/ Folder Encryption) by Geography

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The global bank encryption software market was valued at $xx million in 2021, and is expected to reach $34732.45 million by 2030, growing at a CAGR of 13.39% during the forecast period.

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Encryption is a method of securing digital data that involves the use of one or more mathematical procedures, as well as a password or ‘key’ to decrypt the data. The encryption procedure converts data using an algorithm that renders the original data unreadable. Financial institutions use the term ‘bank-level encryption’ to refer to the security measures they deploy to secure their customers and their assets. Electronic banking, which offers a variety of banking services over the internet, has revolutionized the way banks do business.

Bank Encryption Software Market

Read our latest blog on the Bank Encryption Software Market

Security and privacy are the most important considerations in the world of internet banking. In order to avoid any fraudulent transactions of any kind, online transactions require the highest level of security. Also, information encryption is the source of security and privacy in online banking. In addition, pin codes, biometrics, digital signatures, steganography, and other security methods are used. Most professional-grade security systems use a comparable encryption standard to prevent data from being intercepted by outside parties.

Key enablers of the global bank encryption software market growth are:

  • Increasing data proliferation
  • Growing threat of cyber-attacks on banks and financial institutions
    • Ransomware attacks have surged considerably since 2020, with 93% more attacks in the first half of 2021 than in the same period the previous year.
    • In addition to the significant increase in ransomware attacks, corporations have seen a 29% increase in the number of cyber-attacks worldwide, with the largest growth rates in the EMEA region and the Americas, at 36% and 24%, respectively.
    • In the aftermath of the pandemic, the rate of cyber-attacks on banking institutes did not decline. Many financial institutes were under attack in 2021, and the future is uncertain for the security of the banking & financial sector.
  • Rising demand for data security technology among banks and financial institutions

Key market growth restraining factors are:

  • Implementation issues of bank encryption software
    • Encryption employs challenging and complicated mathematical processes to conceal the meaning of data. This depends on the types of ciphers or algorithms used for hashing or decoding the data.
    • Also, the performance of different encryption algorithms varies. Therefore, the demands for speed and security must be carefully balanced.
  • Compromised software integrity in encrypted data security
  • Lack of awareness regarding encryption software

Global Bank Encryption Software Market | Top Trends

  • Advances in information and communication technology have paved the way for current payment options. People’s lives were made easier by the rise of smartphones and internet access, which facilitated digitalization.
  • FinTech is regarded as a recent phenomenon. However, the use of technology to help financial services is far from new. Following the technology boom, competition in the banking sector became fierce, with non-banks entering the market to provide specialist banking goods and services.
  • Most nations have seen considerable advances in financial inclusion in recent years as a result of the use of mobile payment (m-payment) systems. Mobile payment is a critical component of mobile commerce. The use of mobile devices and wireless networks to execute business transactions over a web-based system is referred to as mobile commerce.

Market Segmentation – Deployment Model, Enterprise Size, Component, Function

Market by Deployment Model:

  • On-Premise Bank Encryption Software
  • Cloud Bank Encryption Software

Market by Enterprise Size:

  • Large Enterprise
  • Small & Medium Enterprises

Market by Component:

  • Software
  • Services
    • Services are the fastest-growing component in the market.
    • The goals of banking encryption software services are to safeguard the security and privacy of customer records and information, defend against any threats or vulnerabilities to the security or reliability of such records on banks, and prevent unauthorized access to information that could cause significant maltreatment or problem to any customer.
    • The first and most crucial stage in bank encryption software services is to apply encryption based on industry-tested and acknowledged algorithms with long key lengths.

Market by Function:

  • Disk Encryption
  • Communication Encryption
  • Cloud Encryption
    • Cloud encryption is the fastest-growing segment in the global bank encryption software market by function.
    • The term ‘cloud’ refers to a collection of interconnected computers that can be accessed via the Internet and offer computing services, including data storage and software applications.
    • Data is encrypted as it travels to and from cloud-based apps and storage to authorized users of that data at their locations using cloud encryption technologies. Furthermore, data stored on cloud-based storage devices may be encrypted using cloud encryption services.
  • File/ Folder Encryption

Geographical study based on four major regions:

  • North America: The United States and Canada
  • Europe: The United Kingdom, Germany, France, Italy, Russia, Belgium, Poland, and Rest of Europe
  • Asia Pacific: China, Japan, India, South Korea, Indonesia, Thailand, Singapore, Australia & New Zealand, and Rest of Asia-Pacific
    • There are increased demands for digital payment technologies such as mobile banking, debit cards, and credit cards among the population in Asia-Pacific.
    • Banking encryption software offers a number of advantages, including a reduction in illegal activities in the banking process, improved payment transaction service, and increased payment security, as a result of the incorporation of encryption technology into the electronic payment method, which is becoming increasingly popular in the region.
    • In addition to the youth population, the elderly population is technology-friendly in countries like Japan, Singapore, and South Korea, which is helping to increase the targeted customers for banks.
  • Rest of World: Latin America, Middle East & Africa

The major players in the global bank encryption software market are:

 

  • Microsoft Corporation
  • IBM
  • Broadcom INC
  • Thales Group
  • Dell Technologies INC
  • Trend Micro INC
  • Intel Corporation
  • Protegrity Pvt

 

Key strategies adopted by some of these companies:

In November 2021, IBM announced the purchase of endpoint security business ReaQta, extending its presence in the extended detection and response (XDR) industry.

Three Protegrity solutions will be offered in the AWS Marketplace in May 2021: Protegrity Discover, Cloud Protect for Cloud Protect, for Snowflake, and Amazon Redshift.

In October 2021, McAfee Enterprise and FireEye concluded their $1.2 billion all-cash acquisition, bringing the two cybersecurity behemoths together.

Report Synopsis:

Report Scope Details
Market Forecast Years 2022-2030
Base Year 2021
Market Historical Years 2018-2021
Forecast Units Revenue ($ Million)
Segments Analyzed Deployment Mode, Enterprise Size, Component, Function
Geographies Analyzed North America, Europe, Asia-Pacific, and Rest of World
Companies Analyzed

Bitdefender Pvt, Broadcom Inc, Dell Technologies Inc, ESET, IBM, Intel Corporation, Lookout Security, McAfee Corp, Microsoft Corporation, Netskope Inc, Protegrity Pvt, Thales Group, Trend Micro Inc, WinMagic Data Security Solution

  1. RESEARCH SCOPE & METHODOLOGY
    • STUDY OBJECTIVES
    • SCOPE OF STUDY
    • METHODOLOGY
    • ASSUMPTIONS & LIMITATIONS
  2. EXECUTIVE SUMMARY
    • MARKET SIZE & ESTIMATES
    • MARKET OVERVIEW
  3. MARKET DYNAMICS
    • KEY DRIVERS
      • INCREASING DATA PROLIFERATION
      • GROWING THREAT OF CYBER-ATTACKS ON BANKS AND FINANCIAL INSTITUTIONS
      • RISING DEMAND FOR DATA SECURITY TECHNOLOGY AMONG BANKS AND FINANCIAL INSTITUTIONS
    • KEY RESTRAINTS
      • IMPLEMENTATION ISSUES OF BANK ENCRYPTION SOFTWARE
      • COMPROMISED SOFTWARE INTEGRITY IN ENCRYPTED DATA SECURITY
      • LACK OF AWARENESS REGARDING ENCRYPTION SOFTWARE
  1. KEY ANALYTICS
    • IMPACT OF COVID-19 ON BANK ENCRYPTION SOFTWARE MARKET
    • KEY MARKET TRENDS
    • PORTER’S FIVE FORCES ANALYSIS
      • BUYERS POWER
      • SUPPLIERS POWER
      • SUBSTITUTION
      • NEW ENTRANTS
      • INDUSTRY RIVALRY
    • OPPORTUNITY MATRIX
    • VENDOR LANDSCAPE
    • VALUE CHAIN ANALYSIS
    • KEY BUYING CRITERIA
      • RELIABILITY
      • APPLICATION
      • SUPERIOR TECHNOLOGY
    • REGULATORY FRAMEWORK
  2. MARKET BY DEPLOYMENT MODEL
    • ON-PREMISE BANK ENCRYPTION SOFTWARE
    • CLOUD BANK ENCRYPTION SOFTWARE
  3. MARKET BY ENTERPRISE SIZE
    • LARGE ENTERPRISES
    • SMALL & MEDIUM ENTERPRISES
  4. MARKET BY COMPONENT
    • SOFTWARE
    • SERVICES
  5. MARKET BY FUNCTION
    • DISK ENCRYPTION
    • COMMUNICATION ENCRYPTION
    • CLOUD ENCRYPTION
    • FILE/ FOLDER ENCRYPTION
  6. GEOGRAPHICAL ANALYSIS
    • NORTH AMERICA
      • MARKET SIZE & ESTIMATES
      • KEY GROWTH ENABLERS
      • KEY CHALLENGES
      • KEY PLAYERS
      • COUNTRY ANALYSIS
        • UNITED STATES
        • CANADA
    • EUROPE
      • MARKET SIZE & ESTIMATES
      • KEY GROWTH ENABLERS
      • KEY CHALLENGES
      • KEY PLAYERS
      • COUNTRY ANALYSIS
        • UNITED KINGDOM
        • GERMANY
        • FRANCE
        • ITALY
        • RUSSIA
        • BELGIUM
        • POLAND
        • REST OF EUROPE
    • ASIA-PACIFIC
      • MARKET SIZE & ESTIMATES
      • KEY GROWTH ENABLERS
      • KEY CHALLENGES
      • KEY PLAYERS
      • COUNTRY ANALYSIS
        • CHINA
        • JAPAN
        • INDIA
        • SOUTH KOREA
        • INDONESIA
        • THAILAND
        • SINGAPORE
        • AUSTRALIA & NEW ZEALAND
        • REST OF ASIA-PACIFIC
    • REST OF WORLD
      • MARKET SIZE & ESTIMATES
      • KEY GROWTH ENABLERS
      • KEY CHALLENGES
      • KEY PLAYERS
      • REGIONAL ANALYSIS
        • LATIN AMERICA
        • MIDDLE EAST & AFRICA
  1. COMPETITIVE LANDSCAPE
    • KEY STRATEGIC DEVELOPMENTS
      • MERGERS & ACQUISITIONS
      • PRODUCT LAUNCHES & DEVELOPMENTS
      • PARTNERSHIPS & AGREEMENTS
      • BUSINESS EXPANSIONS & DIVESTITURES
    • COMPANY PROFILES
      • BITDEFENDER PVT
      • BROADCOM INC
      • DELL TECHNOLOGIES INC
      • ESET
      • IBM
      • INTEL CORPORATION
      • LOOKOUT SECURITY
      • MCAFEE CORP
      • MICROSOFT CORPORATION
      • NETSKOPE INC
      • PROTEGRITY PVT
      • THALES GROUP
      • TREND MICRO INC
      • WINMAGIC DATA SECURITY SOLUTION

LIST OF TABLES  

TABLE 1: MARKET SNAPSHOT – BANK ENCRYPTION SOFTWARE

TABLE 2: REGULATORY FRAMEWORK

TABLE 3: GLOBAL BANK ENCRYPTION SOFTWARE MARKET, BY DEPLOYMENT MODEL, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 4: GLOBAL BANK ENCRYPTION SOFTWARE MARKET, BY DEPLOYMENT MODEL, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 5: GLOBAL ON-PREMISE BANK ENCRYPTION SOFTWARE MARKET, BY REGION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 6: GLOBAL ON-PREMISE BANK ENCRYPTION SOFTWARE MARKET, BY REGION, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 7: GLOBAL CLOUD BANK ENCRYPTION SOFTWARE MARKET, BY REGION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 8: GLOBAL CLOUD BANK ENCRYPTION SOFTWARE MARKET, BY REGION, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 9: GLOBAL BANK ENCRYPTION SOFTWARE MARKET, BY ENTERPRISE SIZE, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 10: GLOBAL BANK ENCRYPTION SOFTWARE MARKET, BY ENTERPRISE SIZE, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 11: GLOBAL LARGE ENTERPRISES MARKET, BY REGION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 12: GLOBAL LARGE ENTERPRISES MARKET, BY REGION, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 13: GLOBAL SMALL & MEDIUM ENTERPRISES MARKET, BY REGION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 14: GLOBAL SMALL & MEDIUM ENTERPRISES MARKET, BY REGION, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 15: GLOBAL BANK ENCRYPTION SOFTWARE MARKET, BY COMPONENT, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 16: GLOBAL BANK ENCRYPTION SOFTWARE MARKET, BY COMPONENT, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 17: GLOBAL SOFTWARE MARKET, BY REGION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 18: GLOBAL SOFTWARE MARKET, BY REGION, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 19: GLOBAL SERVICES MARKET, BY REGION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 20: GLOBAL SERVICES MARKET, BY REGION, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 21: GLOBAL BANK ENCRYPTION SOFTWARE MARKET, BY FUNCTION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 22: GLOBAL BANK ENCRYPTION SOFTWARE MARKET, BY FUNCTION, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 23: GLOBAL DISK ENCRYPTION MARKET, BY REGION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 24: GLOBAL DISK ENCRYPTION MARKET, BY REGION, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 25: GLOBAL COMMUNICATION ENCRYPTION MARKET, BY REGION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 26: GLOBAL COMMUNICATION ENCRYPTION MARKET, BY REGION, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 27: GLOBAL CLOUD ENCRYPTION MARKET, BY REGION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 28: GLOBAL CLOUD ENCRYPTION MARKET, BY REGION, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 29: GLOBAL FILE/ FOLDER ENCRYPTION MARKET, BY REGION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 30: GLOBAL FILE/ FOLDER ENCRYPTION MARKET, BY REGION, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 31: GLOBAL BANK ENCRYPTION SOFTWARE MARKET, BY GEOGRAPHY, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 32: GLOBAL BANK ENCRYPTION SOFTWARE MARKET, BY GEOGRAPHY, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 33: NORTH AMERICA BANK ENCRYPTION SOFTWARE MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 34: NORTH AMERICA BANK ENCRYPTION SOFTWARE MARKET, BY COUNTRY, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 35: LEADING PLAYERS OPERATING IN NORTH AMERICA BANK ENCRYPTION SOFTWARE MARKET

TABLE 36: EUROPE BANK ENCRYPTION SOFTWARE MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 37: EUROPE BANK ENCRYPTION SOFTWARE MARKET, BY COUNTRY, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 38: LEADING PLAYERS OPERATING IN EUROPE BANK ENCRYPTION SOFTWARE MARKET

TABLE 39: COUNTRIES WITH RELATIVELY LOW LEVELS OF IT SPENDING IN REST OF EUROPE (IN 2021)

TABLE 40: ASIA-PACIFIC BANK ENCRYPTION SOFTWARE MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 41: ASIA-PACIFIC BANK ENCRYPTION SOFTWARE MARKET, BY COUNTRY, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 42: LEADING PLAYERS OPERATING IN ASIA-PACIFIC BANK ENCRYPTION SOFTWARE MARKET

TABLE 43: REST OF WORLD BANK ENCRYPTION SOFTWARE MARKET, BY REGION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 44: REST OF WORLD BANK ENCRYPTION SOFTWARE MARKET, BY REGION, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 45: LEADING PLAYERS OPERATING IN REST OF WORLD BANK ENCRYPTION SOFTWARE MARKET

TABLE 46: LIST OF MERGERS & ACQUISITIONS

TABLE 47: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS

TABLE 48: LIST OF PARTNERSHIPS & AGREEMENTS

TABLE 49: LIST OF BUSINESS EXPANSIONS & DIVESTITURES

LIST OF FIGURES 

FIGURE 1: WORKING OF SECURITY ENCRYPTION MODEL

FIGURE 2: KEY MARKET TRENDS

FIGURE 3: PORTER’S FIVE FORCES ANALYSIS

FIGURE 4: OPPORTUNITY MATRIX

FIGURE 5: VENDOR LANDSCAPE

FIGURE 6: VALUE CHAIN ANALYSIS

FIGURE 7: KEY BUYING CRITERIA

FIGURE 8: GLOBAL BANK ENCRYPTION SOFTWARE MARKET, GROWTH POTENTIAL, BY DEPLOYMENT MODEL, IN 2021

FIGURE 9: GLOBAL BANK ENCRYPTION SOFTWARE MARKET, BY ON-PREMISE, 2022-2030 (IN $ MILLION)

FIGURE 10: GLOBAL BANK ENCRYPTION SOFTWARE MARKET, BY CLOUD, 2022-2030 (IN $ MILLION)

FIGURE 11: GLOBAL BANK ENCRYPTION SOFTWARE MARKET, GROWTH POTENTIAL, BY ENTERPRISE SIZE, IN 2021

FIGURE 12: GLOBAL BANK ENCRYPTION SOFTWARE MARKET, BY LARGE ENTERPRISES, 2022-2030 (IN $ MILLION)

FIGURE 13: GLOBAL BANK ENCRYPTION SOFTWARE MARKET, BY SMALL & MEDIUM ENTERPRISES, 2022-2030 (IN $ MILLION)

FIGURE 14: GLOBAL BANK ENCRYPTION SOFTWARE MARKET, GROWTH POTENTIAL, BY COMPONENT, IN 2021

FIGURE 15: GLOBAL BANK ENCRYPTION SOFTWARE MARKET, BY SOFTWARE, 2022-2030 (IN $ MILLION)

FIGURE 16: GLOBAL BANK ENCRYPTION SOFTWARE MARKET, BY SERVICES, 2022-2030 (IN $ MILLION)

FIGURE 17: GLOBAL BANK ENCRYPTION SOFTWARE MARKET, GROWTH POTENTIAL, BY FUNCTION, IN 2021

FIGURE 18: GLOBAL BANK ENCRYPTION SOFTWARE MARKET, BY DISK ENCRYPTION, 2022-2030 (IN $ MILLION)

FIGURE 19: GLOBAL BANK ENCRYPTION SOFTWARE MARKET, BY COMMUNICATION ENCRYPTION, 2022-2030 (IN $ MILLION)

FIGURE 20: GLOBAL BANK ENCRYPTION SOFTWARE MARKET, BY CLOUD ENCRYPTION, 2022-2030 (IN $ MILLION)

FIGURE 21: GLOBAL BANK ENCRYPTION SOFTWARE MARKET, BY FILE/ FOLDER ENCRYPTION, 2022-2030 (IN $ MILLION)

FIGURE 22: NORTH AMERICA BANK ENCRYPTION SOFTWARE MARKET, COUNTRY OUTLOOK, 2021 & 2030 (IN %)

FIGURE 23: UNITED STATES BANK ENCRYPTION SOFTWARE MARKET, 2022-2030 (IN $ MILLION)

FIGURE 24: CANADA BANK ENCRYPTION SOFTWARE MARKET, 2022-2030 (IN $ MILLION)

FIGURE 25: EUROPE BANK ENCRYPTION SOFTWARE MARKET, COUNTRY OUTLOOK, 2021 & 2030 (IN %)

FIGURE 26: UNITED KINGDOM BANK ENCRYPTION SOFTWARE MARKET, 2022-2030 (IN $ MILLION)

FIGURE 27: GERMANY BANK ENCRYPTION SOFTWARE MARKET, 2022-2030 (IN $ MILLION)

FIGURE 28: FRANCE BANK ENCRYPTION SOFTWARE MARKET, 2022-2030 (IN $ MILLION)

FIGURE 29: ITALY BANK ENCRYPTION SOFTWARE MARKET, 2022-2030 (IN $ MILLION)

FIGURE 30: RUSSIA BANK ENCRYPTION SOFTWARE MARKET, 2022-2030 (IN $ MILLION)

FIGURE 31: BELGIUM BANK ENCRYPTION SOFTWARE MARKET, 2022-2030 (IN $ MILLION)

FIGURE 32: POLAND BANK ENCRYPTION SOFTWARE MARKET, 2022-2030 (IN $ MILLION)

FIGURE 33: COMMERCIAL BANK SPENDING IN POLAND ($ MILLION)

FIGURE 34: REST OF EUROPE BANK ENCRYPTION SOFTWARE MARKET, 2022-2030 (IN $ MILLION)

FIGURE 35: ASIA-PACIFIC BANK ENCRYPTION SOFTWARE MARKET, COUNTRY OUTLOOK, 2021 & 2030 (IN %)

FIGURE 36: CHINA BANK ENCRYPTION SOFTWARE MARKET, 2022-2030 (IN $ MILLION)

FIGURE 37: JAPAN BANK ENCRYPTION SOFTWARE MARKET, 2022-2030 (IN $ MILLION/BILLION)

FIGURE 38: INDIA BANK ENCRYPTION SOFTWARE MARKET, 2022-2030 (IN $ MILLION/BILLION)

FIGURE 39: SOUTH KOREA BANK ENCRYPTION SOFTWARE MARKET, 2022-2030 (IN $ MILLION)

FIGURE 40: INDONESIA BANK ENCRYPTION SOFTWARE MARKET, 2022-2030 (IN $ MILLION)

FIGURE 41: THAILAND BANK ENCRYPTION SOFTWARE MARKET, 2022-2030 (IN $ MILLION)

FIGURE 42: SINGAPORE BANK ENCRYPTION SOFTWARE MARKET, 2022-2030 (IN $ MILLION)

FIGURE 43: AUSTRALIA & NEW ZEALAND BANK ENCRYPTION SOFTWARE MARKET, 2022-2030 (IN $ MILLION)

FIGURE 44: REST OF ASIA-PACIFIC BANK ENCRYPTION SOFTWARE MARKET, 2022-2030 (IN $ MILLION)

FIGURE 45: VIETNAM BANKING SHARE BY ASSETS (IN 2019)

FIGURE 46: SOUTHEAST ASIAN ADULT POPULATION AND BANKING PENETRATION (IN 2018)

FIGURE 47: REST OF WORLD BANK ENCRYPTION SOFTWARE MARKET, REGIONAL OUTLOOK, 2021 & 2030 (IN %)

FIGURE 48: LATIN AMERICA BANK ENCRYPTION SOFTWARE MARKET, 2022-2030 (IN $ MILLION)

FIGURE 49: MIDDLE EAST & AFRICA BANK ENCRYPTION SOFTWARE MARKET, 2022-2030 (IN $ MILLION)

  1. MARKET BY DEPLOYMENT MODEL
    • ON-PREMISE BANK ENCRYPTION SOFTWARE
    • CLOUD BANK ENCRYPTION SOFTWARE
  2. MARKET BY ENTERPRISE SIZE
    • LARGE ENTERPRISES
    • SMALL & MEDIUM ENTERPRISES
  3. MARKET BY COMPONENT
    • SOFTWARE
    • SERVICES
  4. MARKET BY FUNCTION
    • DISK ENCRYPTION
    • COMMUNICATION ENCRYPTION
    • CLOUD ENCRYPTION
    • FILE/ FOLDER ENCRYPTION
  5. GEOGRAPHICAL ANALYSIS
    • NORTH AMERICA
      • MARKET SIZE & ESTIMATES
      • KEY GROWTH ENABLERS
      • KEY CHALLENGES
      • KEY PLAYERS
      • COUNTRY ANALYSIS
        • UNITED STATES
        • CANADA
    • EUROPE
      • MARKET SIZE & ESTIMATES
      • KEY GROWTH ENABLERS
      • KEY CHALLENGES
      • KEY PLAYERS
      • COUNTRY ANALYSIS
        • UNITED KINGDOM
        • GERMANY
        • FRANCE
        • ITALY
        • RUSSIA
        • BELGIUM
        • POLAND
        • REST OF EUROPE
    • ASIA-PACIFIC
      • MARKET SIZE & ESTIMATES
      • KEY GROWTH ENABLERS
      • KEY CHALLENGES
      • KEY PLAYERS
      • COUNTRY ANALYSIS
        • CHINA
        • JAPAN
        • INDIA
        • SOUTH KOREA
        • INDONESIA
        • THAILAND
        • SINGAPORE
        • AUSTRALIA & NEW ZEALAND
        • REST OF ASIA-PACIFIC
    • REST OF WORLD
      • MARKET SIZE & ESTIMATES
      • KEY GROWTH ENABLERS
      • KEY CHALLENGES
      • KEY PLAYERS
      • REGIONAL ANALYSIS
        • LATIN AMERICA
        • MIDDLE EAST & AFRICA

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    Frequently Asked Questions (FAQs):

    Which is the largest region in the global bank encryption software market?

    North America is the largest region in the global bank encryption software market in terms of revenue share.

    What is the value of the global bank encryption software market?

    As of 2021, the global bank encryption software market was valued at $11362.13 million.

    Which is the fastest-growing deployment model in the global bank encryption software market?

    Cloud is the fastest-growing deployment model in the global bank encryption software market.

    Which is the largest function segment in the global bank encryption software market?

    Disk encryption is the largest function segment in the global bank encryption software market.

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    We offer 10% free customization including country-level data, niche applications and competitive landscape with every report.


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