Security remains a major challenge in cloud services deployment. To meet this challenge, cloud storage providers are providing cloud encryption where data and text are encrypted using encryption algorithms and placed in a storage cloud. Cloud encryption is almost the same as in-house encryption with one major difference. The cloud customers must learn about the procedures and policies of encryption unlike the latter. The cloud encryption techniques being used by the service provider should match with the level of sensitivity of the data that is being hosted.
The report deals with the global cloud encryption market for the period 2016 - 2021. This market is expected to grow at a CAGR of 23.50% for the forecast period. Organizations want to take advantage of the cloud for its cost and flexibility. Encrypting data before it enters the cloud will ensure that your data is safe, regardless of its neighbors. Encryption also helps you meet the required regulations, i.e. encrypting data is a critical part of various standards. One can safeguard his or her data in the cloud from the service providers by using the cloud encryption techniques.
The report also provides key insights into strategies, market shares and solutions of key vendors like CipherCloud, Vormetric, Boxcyrptor, Perspecsys, Sophos, Viivo, Trend Micro, Wave Systems, Salesforce and Google operating in cloud encryption market.
The key factors driving this market are:
The key factor restraining this market is:
WHAT THE REPORT OFFERS
The report covers the entire market in five parts: