24th May 2023

Banking Encryption Software Market Size, Share, Key Players, Industry Analysis, Opportunities and Forecast 2023-2028

IMARC Group, a leading market research company, has recently releases report titled “Banking Encryption Software Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028″, The study provides a detailed analysis of the industry, including the 

The increasing demand for payment security solutions in the banking sector represents a significant factor driving the market growth across the globe. In line with this, the rising awareness regarding various benefits offered by banking encryption software, such as smooth data transaction services and high security, is contributing to the growth of the market. Other factors, such as the rising prevalence of online payments, the increasing threat of cyberattacks, growing digitization, and the integration of artificial intelligence (AI), along with the significant expansion of banking, financial services, and insurance (BFSI) sector, are creating a positive outlook for the market.

Who are the key players operating in the industry?

The report covers the major market players including:

Broadcom Inc

ESET spol. s r.o.

International Business Machines Corporation

McAfee, LLC

Sophos Ltd.

Thales Group

Trend Micro Inc.

WinMagic

What is included in market segmentation?

The report has segmented the market into the following categories:

Breakup by Component:

Software

Services

Breakup by Deployment Mode:

On-premises

Cloud-based

Breakup by Enterprise Size:

Large Enterprises

Small and Medium-sized Enterprises

Breakup by Function:

Disk Encryption

Communication Encryption

File/Folder Encryption

Cloud Encryption

Market Breakup by Region:

North America (United States, Canada)

Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)

Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)

Latin America (Brazil, Mexico, Others)

Middle East and Africa

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