Network Encryption Global Market Report 2022: Growing Concern Around Security Breaches Fuels Sector
DUBLIN, March 24, 2023 /PRNewswire/ -- The "Network Encryption Market, By Transmission Type, By Component, By Organization Size, By Industry Vertical, and By Region Forecast to 2030" report has been added to ResearchAndMarkets.com's offering.
Various end-use industries such as healthcare and retail are rapidly growing, which is rising demand for network encryption solutions owing to digitalization of processes. Cybersecurity expenditure is expected to increase to USD 1.75 trillion between 2021 and 2025, owing to the rise in cybercrime and the necessity for digital organizations and consumers to protect themselves from such crimes.
Cybersecurity incidents result in various consequences, such as financial loss, loss of productivity, reputation damage, legal liability, and business continuity problems, which are driving the demand for network encryption solutions by large and small & medium-sized enterprises .
Transmission Type Outlook:
Chapter 3. Indicative Metrics
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SOURCE Research and Markets