Market Share of Network Encryption Industry
The network encryption market is fragmented, with several players operating. The major players with a prominent share in the market are focusing on expanding their customer base across foreign countries by leveraging strategic collaborative initiatives to increase their market share and profitability. Thales Trusted Cyber Technologies, Atos SE, Juniper Networks, Inc., Certes Networks, Inc., Senetas Corporation Ltd., Viasat Inc., Raytheon Technologies Corporation, Securosys SA., and Packetlight Networks are some of the major players present in the current market and undergoing strategic initiatives such as mergers, acquisitions, collaboration, product innovation, and others.
In February 2023, Atos announced the launch of its new '5Guard' security offering for organizations looking to deploy private 5G networks and for telecom operators looking to enable integrated, automated. They orchestrated security to protect and defend their assets and customers. Atos'product portfolio is Atos'encryption solutions (Trustway), identity and access management software; public critical infrastructure solutions (IDnomic); and Atos Managed Detection and Response (MDR) platform that elevates the security of 5G network elements, applications, and workloads by detecting and responding to potential threats in near real-time.
In January 2023, Equinix, a company that makes digital infrastructure, worked with Aviatrix, which makes cloud services, to make high-performance encryption for enterprise environments. This partnership will make the Aviatrix Edge software available in over 25 of Equinix's global business exchange data centers. The combined solution, which uses Equinix's Network Edge and Equinix Fabric, gives you the fastest, most secure connection to the cloud to see what's happening in multiple clouds.
Network Encryption Market Leaders
Thales Trusted Cyber Technologies
Juniper Networks Inc.
Certes Networks Inc.
*Disclaimer: Major Players sorted in no particular order