United Kingdom bank
encryption software market is anticipated to register growth with an impressive
CAGR in the forecast period, 2023-2027. The market growth can be attributed to growing
demands for the higher data security provided by the bank encryption software.
Rapidly increasing instances of online payment and reliability of the
population toward digital payments further drives the growth of the United
Kingdom bank encryption software market in the upcoming five years. Surging
demand for the encryption software for business expansion as well as to
maintain a feasible payment gateway mostly for the business functional over
online platform only also fuel the growth of the United Kingdom bank encryption
software market in the next five years. Also, demands from the small and medium
enterprises focused over efficient payment methods, and thus the data security
technology efficient to accommodate small and large sum for the payments also
add to the market growth. Financial institutes and banks are highly concerned
toward customer data theft, financial discrepancies, and cyber attacks that often threat economies
of the customer as well as that of the country also substantiate the growth of
the United Kingdom bank encryption software market in the future five years.
Technological Advancement
Drives Market Growth
Encryption software are ever
evolving field, that multiple developers and programmer can use at a single
instance and advance it for various purposes. Open source encryption software
are utilized majorly for this purpose. Open source encryption software is a process of making the
source code and algorithms of the encryption software, available to the public
for inspection and evolution. Experts may add their own modifications based on
the personal use, or for institutional usage.
The modified version is
specific and is used for particular business or corporate only. Although the
security software seem similar, the modifications stand them apart. Demands for
the technologically advanced software to protect the confidential information
of customers, such as credit scores, names, addresses, and social security
numbers, from cyberattacks further aid to the growth of the United Kingdom bank
encryption software market in the next five years.
Click here to download the sample
Market Segmentation
The
United Kingdom bank encryption software market is segmented by component,
deployment model, enterprise size, function, vertical, competitional landscape,
and regional distribution. Based
on component, the market is differentiated between software and service. By deployment
model, the market is distinguished between on-premises and cloud. Based on
enterprise size, the market is further segmented into large enterprises and
small & medium sized enterprises. By function, the market is fragmented
into disk encryption, communication encryption, file/folder encryption, and
cloud encryption. Based on vertical, the market is bifurcated into BFSI,
aerospace & defense, government, IT & telecom, healthcare, retail, and others.
The market analysis also studies the regional segmentation to devise regional
market segmentation, divided among London, East Anglia, Southwest, Southeast,
Scotland, East Midlands, and Yorkshire & Humberside.
Company Profile
IBM, Microsoft Corporation,
Broadcom, Sophos, Thales, McAfee, Trend Micro, Dell Corporation, Check Point,
Micro Focus,
among others is a partial list of major market players of the companies
responsible for the growth of United Kingdom bank encryption software market.
|
Attribute
|
Details
|
|
Base Year
|
2021
|
|
Historical Data
|
2017 – 2020
|
|
Estimated Year
|
2022
|
|
Forecast Period
|
2023 – 2027
|
|
Quantitative Units
|
Revenue in USD Million, volume in units, and CAGR for 2017-2021
and 2022-2027
|
|
Report coverage
|
Revenue forecast, volume forecast, company share, competitive
landscape, growth factors, and trends
|
|
Segments covered
|
·
Component
·
Deployment Model
·
Enterprise Size
·
Function
·
Vertical
|
|
Regional scope
|
London, East Anglia, Southwest, Southeast, Scotland, East
Midlands, and Yorkshire & Humberside
|
|
Key companies profiled
|
IBM, Microsoft Corporation, Broadcom, Sophos,
Thales, McAfee, Trend Micro, Dell Corporation, Check Point, Micro Focus
|
|
Customization scope
|
10% free report customization with purchase. Addition or
alteration to country, regional & segment scope.
|
|
Pricing and purchase options
|
Avail customized purchase options to meet your exact research
needs. Explore purchase options
|
|
Delivery Format
|
PDF and Excel through Email
(We can also provide the editable version of the report in PPT/Word format on
special request)
|
Report Scope:
In this report, United Kingdom bank encryption software market has been segmented into
following categories, in addition to the industry trends which have also been
detailed below:
- United Kingdom Bank Encryption
Software Market, By Component:
- United Kingdom Bank Encryption
Software Market, By Deployment Model:
- United Kingdom Bank Encryption
Software Market, By Enterprise Size:
- Large Enterprises
- Small & Medium Sized
Enterprises
- United Kingdom Bank Encryption
Software Market, By Function:
- Disk Encryption
- Communication Encryption
- File/Folder Encryption
- Cloud Encryption
- United Kingdom Bank Encryption
Software Market, By Vertical:
- BFSI
- Aerospace & Defense
- Government
- IT & Telecom
- Healthcare
- Retail
- Others
- United Kingdom Bank encryption
software Market, By Region:
o London
o East Anglia
o Southwest
o Southeast
o Scotland
o East Midlands
o Yorkshire & Humberside
Competitive Landscape
Company
Profiles: Detailed
analysis of the major companies present in United Kingdom bank encryption software market.
Available Customizations:
With the given market data, TechSci
Research offers customizations according to a company’s specific needs. The following
customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to
five).
United Kingdom Bank Encryption Software Market is an upcoming report to
be released soon. If you wish an early delivery of this report or want to
confirm the date of release, please contact us at [email protected]