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Network Encryption Market to Reach a Market Size of $4.7 Billion by 2024 - KBV Research
[March 20, 2019]

Network Encryption Market to Reach a Market Size of $4.7 Billion by 2024 - KBV Research

NEW DELHI, March 20, 2019 /PRNewswire/ -- According to a new report Global Network Encryption Market, published by KBV research, The Global Network Encryption Market size is expected to reach $4.7 billion by 2024, rising at a market growth of 11.4% CAGR during the forecast period.


The technologically advanced region, North America, holds the biggest network encryption market as per the regions segment of the network encryption market. North America owns developed economies including the US and Canada. In terms of government regulations and compliance, the North American market offers suitable platforms for companies and SMEs. Enterprises are thus growing at a rapid pace and largely demand network encryption. The Europe market is expected to witness a CAGR of 14.8% during (2018 - 2024). Additionally, The Asia Pacific market is expected to witness a CAGR of 17.8% during (2018 - 2024).

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The Greater Than 10g & Less Than 40g market would dominate the Global Network Encryption Market by 2024, growing at a CAGR of 10.8 % during the forecast period. The Greater Than 40g & Less Than 100g market is expected to witness a CAGR of 10.7% during (2018 - 2024). Additionally, The Less Than 10g market is expected to witness highest CAGR of 13.2% during (2018 - 2024).

The Hardware market would dominate the Global Network Encryption Market by Component by 2024. The performance of hardware equipment, including high speed, low latency and robust security, plays a vital role in the network encryption market. In addition, hardware components provide advanced security against endpoint, network and application threats. The Platform market is expected to witness a CAGR of 11% during (2018 - 2024). Additionally, The Services market is expected to witness highest CAGR of 14.1% during (2018 - 2024).


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The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of IBM Corporation, Cisco Systems, Juniper Networks, BMC software, CA Technologies, Riverbed technology, SolarWinds Inc., Nokia Corporation, Micro Focus, and Kentik.

Global Network Encryption Market Segmentation

By Transmission Type

  • Optical Transmission
  • Traditional Transmission
    • Coaxial Cable
    • Twisted Pair Cable
    • Radiowaves & Microwaves

By Data Rate

  • Greater Than 10g & Less Than 40g
  • Greater Than 40g & Less Than 100g
  • Less Than 10g
  • Others

By Component

  • Hardware
  • Platform
  • Services

By Organization Size

  • Large Enterprises
  • Small & Medium-Sized Enterprises

By End User

  • Telecom & IT
  • BFSI
  • Media & Entertainment
  • Government
  • Others

By Geography

  • North America
    • US
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Singapore
    • Malaysia
    • Rest of Asia Pacific
    • Brazil
    • Argentina
    • UAE
    • Saudi Arabia
    • South Africa
    • Nigeria
    • Rest of LAMEA

Companies Profiled

  • IBM Corporation
  • Cisco Systems
  • Juniper Networks
  • BMC software
  • CA Technologies
  • Riverbed technology
  • SolarWinds Inc.
  • Nokia Corporation
  • Micro Focus
  • Kentik

Unique Offerings from KBV Research

  • 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

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About Us:

Knowledge Based Value Research is a global brand and consulting firm serving all kinds of business verticals, government and non-governmental organizations, and not-for-profit organizations. Our motto is to extend our services that will have a lasting impact on our clients who trust us with their business goals.

Our aim is to transform and customize our services to address the fast changing business needs of our clients. With innovative methods, we seek to empower our research tools with new capabilities that would eventually bring about customer delight, as we understand that businesses evolve.

Media Contact:
Mr. Alan D'Souza
KBV Research
244 Fifth Avenue, Suite 1407
New York, N.Y. 10001
United States (U.S)
Tel: +1(646)661-6066


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