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Mobile Encryption Market by Component (Solution and Services), Application (Disk Encryption, File/Folder Encryption, Communication Encryption, and Cloud Encryption), End-User Type, Deployment Type, Vertical, and Region - Global Forecast to 2022

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Date: 10-May-2017
No. of pages: 148
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“Need for stringent compliance and increasing concern for data security are driving the mobile encryption market.”

The mobile encryption market size is expected to grow from USD 761.4 million in 2017 to USD 2,917.9 million by 2022, at a Compound Annual Growth Rate (CAGR) of 30.8%. The market is driven by factors such as increased concerns for data security and privacy issues, the proliferation of smartphones and tablets across enterprises, and the need for strict compliance and regulatory requirements. However, increased operational expenditure and budget constraints are some of the major factors hindering the growth of the global mobile encryption market.

“Cloud encryption application is expected to grow at the highest rate during the forecast period.”

The cloud encryption segment among the mobile encryption applications is projected to grow at the highest rate during the forecast period, due to the increased adoption of cloud-based storage and applications across various business processes. Organizations are categorically embracing diverse cloud environments, ranging from private and hybrid to public, for the storage of vast amounts of data. However, risks associated with content protection and data compliance remain to be the prime impediments for cloud embracement across businesses. Thus, it encourages the adoption of cloud encryption to safeguard sensitive information from security breaches and thefts.

“BFSI sector in the mobile encryption market is expected to have the largest market share in 2017.”

The Banking, Financial Services, and Insurance (BFSI) sector represents the highest adoption of mobile encryption out of all the industry verticals. The increasing usage of mobile technology has enhanced the adoption of encryption solutions and services in financial organizations. Pressure from regulatory standards, such as Advanced Encryption Standard (AES) and Payment Card Industry Data Security Standard (PCI DSS) has led companies in this sector to deliver security solutions with encryption software. Mobile encryption technology helps banking and financial companies to cater to financial security, online fund transfer security, and data security by encrypting files, data, and emails.

“APAC is projected to grow at the highest CAGR.”

Asia Pacific includes emerging economies, such as China, Australia, Singapore, and India, which are rapidly deploying mobile encryption solutions. APAC is expected to grow at the highest CAGR during the forecast period. This is mainly due to the increasing adoption of BYOD trends and strict compliance across different industry verticals, such as BFSI, aerospace and defense, government, telecom, retail, and others. Furthermore, North America is expected to have the largest market size in 2017

In-depth interviews were conducted with Chief Executive Officers (CEOs), marketing directors, innovation and technology directors, and executives from various key organizations operating in the mobile encryption market.

The breakup of the profiles of the primary participants is given below:


  • By Company: Tier 1 – 18%, Tier 2 – 47%, and Tier 3 – 35%

  • By Designation: C level – 54%, Director level – 39%, Others – 7%

  • By Region: North America – 69%, Europe – 15%, APAC – 9%, RoW–7%


The key mobile encryption providers profiled in the report are as follows:


  • Adeya SA (Morges, Switzerland)

  • AlertBoot Data Security (Las Vegas, US)

  • Becrypt, Ltd. (London, UK)

  • BlackBerry Ltd. (Ontario, Canada)

  • CSG, Inc. (Washington, US)

  • Certes Networks, Inc. (Pennsylvania, US)

  • Check Point Software Technologies, Ltd. (Tel Aviv, Israel)

  • DataMotion, Inc. (New Jersey, US)

  • Dell Technologies, Inc. (Texas, US)

  • ESET (Bratislava, Slovakia)

  • GoldLine Group Ltd. (Israel)

  • Hewlett Packard Enterprise (California, US)

  • Huawei Technologies Co. Ltd. (Shenzhen, China)

  • IBM Corporation (New York, US)

  • Intel Corporation (California, US)

  • KoolSpan, Inc. (Maryland, US)

  • MobileIron, Inc. (California, US)

  • Open Whisper Systems (California, US)

  • Proofpoint, Inc.(California, US)

  • SecurStar (Munich, Germany)

  • Silent Circle, LLC (Le Grand-Saconnex, Switzerland)

  • Sophos Ltd. (Abingdon, UK)

  • Symantec Corporation (California, US)

  • T-Systems International GmbH (Frankfurt, Germany)

  • Zix Corporation (Texas, US)


Research Coverage

The mobile encryption market has been segmented based on components (solutions and services), applications, end-user types, deployment types, verticals, and regions. A detailed analysis of the key industry players has been done to provide key insights into their business overview; products and services; key strategies; new product launches; partnerships, agreements, and collaborations; expansions; and competitive landscapes associated with the mobile encryption market.

Reasons to Buy the Report

The report will help the market leaders/new entrants in this market in the following ways:


  • This report segments the mobile encryption market comprehensively and provides the closest approximations of the revenue numbers for the overall market and the subsegments across different regions.

  • The report helps stakeholders to understand the pulse of the market and provides them information on key market drivers, restraints, challenges, and opportunities.

  • This report is expected to help stakeholders to understand the competitors better and gain more insights to better their position in the business. The competitive landscape section includes competitor ecosystems, new product developments, partnerships, and mergers and acquisitions.

Mobile Encryption Market by Component (Solution and Services), Application (Disk Encryption, File/Folder Encryption, Communication Encryption, and Cloud Encryption), End-User Type, Deployment Type, Vertical, and Region - Global Forecast to 2022

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.4 Years Considered for the Study
1.5 Currency
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.2 Primary Data
2.1.3 Key Industry Insights
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.2.3 Research Assumptions
2.2.4 Research Limitations

3 Executive Summary

4 Premium Insights
4.1 Attractive Market Opportunities in the Market
4.2 Market Share of Top 3 Applications and Regions, 2017
4.3 Lifecycle Analysis, By Region
4.4 Market Investment Scenario
4.5 Mobile Encryption Market, By Vertical

5 Market Overview and Industry Trends
5.1 Regulatory Implications
5.1.1 Advanced Encryption Standards
5.1.2 Payment Card Industry Data Security Standard
5.1.3 Health Insurance Portability and Accountability Act/Hitech Compliance
5.1.4 Federal Information Processing Standards
5.2 Innovation Spotlight
5.3 Market Dynamics
5.3.1 Drivers
5.3.1.1 Proliferation of Smartphones and Tablets Across Enterprises
5.3.1.2 Need for Stringent Compliance and Regulatory Requirements
5.3.1.3 Increasing Concern for Data Security Issues and Privacy of Data
5.3.2 Restraints
5.3.2.1 Increased Operational Expenditure and Budget Constraints
5.3.2.2 Lack of Awareness and Skilled Workforce
5.3.3 Opportunities
5.3.3.1 Increasing Demand for Cloud-Based Mobile Encryption Solutions
5.3.3.2 Rising Demand for Integrated Solutions
5.3.4 Challenges
5.3.4.1 Encryption Key Management

6 Mobile Encryption Market Analysis, By Component
6.1 Introduction
6.2 Solutions
6.3 Services
6.3.1 Professional Services
6.3.1.1 Support and Maintenance
6.3.1.2 Training and Education
6.3.1.3 Consulting
6.3.2 Managed Services

7 Mobile Encryption Market Analysis, By Application
7.1 Introduction
7.2 Disk Encryption
7.3 File/Folder Encryption
7.4 Communication Encryption
7.5 Cloud Encryption

8 Mobile Encryption Market Analysis, By Deployment Type
8.1 Introduction
8.2 On-Premises
8.3 Cloud

9 Mobile Encryption Market Analysis, By End-User Type
9.1 Introduction
9.2 Small and Medium-Sized Enterprises
9.3 Large Enterprises

10 Mobile Encryption Market Analysis, By Vertical
10.1 Introduction
10.2 Banking, Financial Services, and Insurance
10.3 Aerospace and Defense
10.4 Healthcare
10.5 Government and Public Sector
10.6 Telecom
10.7 Retail
10.8 Others

11 Geographic Analysis
11.1 Introduction
11.2 North America
11.3 Europe
11.4 Asia Pacific
11.5 Middle East and Africa
11.6 Latin America

12 Competitive Landscape
12.1 Introduction
12.1.1 Vanguards
12.1.2 Innovators
12.1.3 Dynamic
12.1.4 Emerging
12.2 Competitive Benchmarking
12.2.1 Product Offerings
12.2.2 Business Strategies

13 Company Profiles
(Business Overview, Company Scorecard, Product Offering and Business Strategy, Recent Developments)*
13.1 Introduction
13.2 Blackberry Limited
13.3 Dell Technologies, Inc.
13.4 International Business Machines Corporation
13.5 Intel Corporation (McAfee)
13.6 Mobileiron, Inc.
13.7 Sophos Ltd.
13.8 Symantec Corporation
13.9 Alertboot Data Security
13.10 Certes Networks, Inc.
13.11 CSG, Inc. (Cellcrypt and Seecrypt)
13.12 ESET
13.13 T-Systems International GmbH

*Details on Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.

14 Appendix
14.1 Key Industry Insights
14.2 Discussion Guide
14.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
14.4 Introducing RT: Real-Time Market Intelligence
14.5 Available Customizations
14.6 Related Reports
14.7 Author Details

List of Tables

Table 1 Mobile Encryption Market Size and Growth Rate, 2015–2022 (USD Million, Y-O-Y %)
Table 2 Market Size, By Component, 2015–2022 (USD Million)
Table 3 Solutions: Market Size, By Region, 2015–2022 (USD Million)
Table 4 Services: Market Size, By Region, 2015–2022 (USD Million)
Table 5 Mobile Encryption Market Size, By Service, 2015–2022 (USD Million)
Table 6 Professional Services: Market Size, By Region, 2015–2022 (USD Million)
Table 7 Professional Services: Market Size, By Type, 2015–2022 (USD Million)
Table 8 Support and Maintenance: Market Size, By Region, 2015–2022 (USD Million)
Table 9 Training and Education: Market Size, By Region, 2015–2022 (USD Million)
Table 10 Consulting: Market Size, By Region, 2015–2022 (USD Million)
Table 11 Managed Services: Market Size, By Region, 2015–2022 (USD Million)
Table 12 Mobile Encryption Market Size, By Application, 2015–2022 (USD Million)
Table 13 Disk Encryption: Market Size, By Region, 2015–2022 (USD Million)
Table 14 File/Folder Encryption: Market Size, By Region, 2015–2022 (USD Million)
Table 15 Communication Encryption: Market Size, By Region, 2015–2022 (USD Million)
Table 16 Cloud Encryption: Market Size, By Region, 2015–2022 (USD Million)
Table 17 Mobile Encryption Market Size, By Deployment Type, 2015–2022 (USD Million)
Table 18 On-Premises: Market Size, By Region, 2015–2022 (USD Million)
Table 19 Cloud: Market Size, By Region, 2015–2022 (USD Million)
Table 20 Mobile Encryption Market Size, By End-User Type, 2015–2022 (USD Million)
Table 21 Small and Medium-Sized Enterprises: Market Size, By Region, 2015–2022 (USD Million)
Table 22 Large Enterprises: Market Size, By Region, 2015–2022 (USD Million)
Table 23 Mobile Encryption Market Size, By Vertical, 2015–2022 (USD Million)
Table 24 Banking, Financial Services, and Insurance: Market Size, By Region, 2015–2022 (USD Million)
Table 25 Aerospace and Defense: Market Size, By Region, 2015–2022 (USD Million)
Table 26 Healthcare: Mobile Encryption Market Size, By Region, 2015–2022 (USD Million)
Table 27 Government and Public Sector: Market Size, By Region, 2015–2022 (USD Million)
Table 28 Telecom: Market Size, By Region, 2015–2022 (USD Million)
Table 29 Retail: Market Size, By Region, 2015–2022 (USD Million)
Table 30 Others: Market Size, By Region, 2015–2022 (USD Million)
Table 31 Mobile Encryption Market Size, By Region, 2015–2022 (USD Million)
Table 32 North America: Market Size, By Component, 2015–2022 (USD Million)
Table 33 North America: Market Size, By Service, 2015–2022 (USD Million)
Table 34 North America: Market Size, By Professional Service, 2015–2022 (USD Million)
Table 35 North America: Market Size, By Application, 2015–2022 (USD Million)
Table 36 North America: Market Size, By Deployment Type, 2015–2022 (USD Million)
Table 37 North America: Market Size, By End-User Type, 2015–2022 (USD Million)
Table 38 North America: Market Size, By Vertical, 2015–2022 (USD Million)
Table 39 Europe: Mobile Encryption Market Size, By Component, 2015–2022 (USD Million)
Table 40 Europe: Market Size, By Service, 2015–2022 (USD Million)
Table 41 Europe: Market Size, By Professional Service, 2015–2022 (USD Million)
Table 42 Europe: Market Size, By Application, 2015–2022 (USD Million)
Table 43 Europe: Market Size, By Deployment Type, 2015–2022 (USD Million)
Table 44 Europe: Market Size, By End-User Type, 2015–2022 (USD Million)
Table 45 Europe: Market Size, By Vertical, 2015–2022 (USD Million)
Table 46 Asia Pacific: Mobile Encryption Market Size, By Component, 2015–2022 (USD Million)
Table 47 Asia Pacific: Market Size, By Service, 2015–2022 (USD Million)
Table 48 Asia Pacific: Market Size, By Professional Service, 2015–2022 (USD Million)
Table 49 Asia Pacific: Market Size, By Application, 2015–2022 (USD Million)
Table 50 Asia Pacific: Market Size, By Deployment Type, 2015–2022 (USD Million)
Table 51 Asia Pacific: Market Size, By End-User Type, 2015–2022 (USD Million)
Table 52 Asia Pacific: Market Size, By Vertical, 2015–2022 (USD Million)
Table 53 Middle East and Africa: Mobile Encryption Market Size, By Component, 2015–2022 (USD Million)
Table 54 Middle East and Africa: Market Size, By Service, 2015–2022 (USD Million)
Table 55 Middle East and Africa: Market Size, By Professional Service, 2015–2022 (USD Million)
Table 56 Middle East and Africa: Market Size, By Application, 2015–2022 (USD Million)
Table 57 Middle East and Africa: Market Size, By Deployment Type, 2015–2022 (USD Million)
Table 58 Middle East and Africa: Market Size, By End-User Type, 2015–2022 (USD Million)
Table 59 Middle East and Africa: Market Size, By Vertical, 2015–2022 (USD Million)
Table 60 Latin America: Mobile Encryption Market Size, By Component, 2015–2022 (USD Million)
Table 61 Latin America: Market Size, By Service, 2015–2022 (USD Million)
Table 62 Latin America: Market Size, By Professional Service, 2015–2022 (USD Million)
Table 63 Latin America: Market Size, By Application, 2015–2022 (USD Million)
Table 64 Latin America: Market Size, By Deployment Type, 2015–2022 (USD Million)
Table 65 Latin America: Market Size, By End-User Type, 2015–2022 (USD Million)
Table 66 Latin America: Market Size, By Vertical, 2015–2022 (USD Million)

List of Figures

Figure 1 Global Mobile Encryption Market: Market Segmentation
Figure 2 Regional Scope
Figure 3 Global Mobile Encryption Market: Research Design
Figure 4 Breakdown of Primaries
Figure 5 Data Triangulation
Figure 6 Market Size Estimation Methodology: Bottom-Up Approach
Figure 7 Market Size Estimation Methodology: Top-Down Approach
Figure 8 Market Size By Component (2017 vs 2022)
Figure 9 Market Size By Service (2017 vs 2022)
Figure 10 North America is Estimated to Hold the Largest Market Share in 2017
Figure 11 Top 3 Revenue Segments of the Mobile Encryption Market
Figure 12 Increasing Adoption of Bring Your Own Device and Need for Stringent Compliance is Expected to Boost the Mobile Encryption Market
Figure 13 Disk Encryption and North America are Expected to Have the Largest Market Shares in 2017
Figure 14 The Mobile Encryption Market has Immense Opportunities for Growth in Asia Pacific
Figure 15 Asia Pacific Would Emerge as the Best Market for Investments in the Next 5 Years
Figure 16 Banking, Financial Services, and Insurance Vertical is Estimated to Have the Largest Market Size in 2017
Figure 17 Mobile Encryption Market: Drivers, Restraints, Opportunities, and Challenges
Figure 18 Solutions Segment is Expected to Have the Largest Market Size During the Forecast Period
Figure 19 Professional Services Segment is Expected to Have the Largest Market Size During the Forecast Period
Figure 20 Support and Maintenance Services Segment is Expected to Have the Largest Market Size During the Forecast Period
Figure 21 Disk Encryption Segment is Expected to Hold the Largest Market Size During the Forecast Period
Figure 22 Cloud Deployment Type is Expected to Hold the Largest Market Size During the Forecast Period
Figure 23 Large Enterprises Segment is Expected to Hold the Largest Market Size During the Forecast Period
Figure 24 Banking, Financial Services, and Insurance Vertical is Expected to Hold the Largest Market Size During the Forecast Period
Figure 25 North America is Expected to Have the Largest Market Size During the Forecast Period
Figure 26 North America Market Snapshot
Figure 27 Asia Pacific: Market Snapshot
Figure 28 Dive Chart
Figure 29 Blackberry Limited: Company Snapshot
Figure 30 Blackberry Limited: Product Offering Scorecard
Figure 31 Blackberry Limited: Business Strategy Scorecard
Figure 32 Dell Technologies, Inc.: Company Snapshot
Figure 33 Dell Technologies, Inc.: Product Offering Scorecard
Figure 34 Dell Technologies, Inc.: Business Strategy Scorecard
Figure 35 International Business Machines Corporation: Company Snapshot
Figure 36 International Business Machines Corporation: Product Offering Scorecard
Figure 37 International Business Machines Corporation: Business Strategy Scorecard
Figure 38 Intel Corporation (McAfee): Company Snapshot
Figure 39 Intel Corporation (McAfee): Product Offering Scorecard
Figure 40 Intel Corporation (McAfee): Business Strategy Scorecard
Figure 41 Mobileiron, Inc.: Company Snapshot
Figure 42 Mobileiron, Inc.: Product Offering Scorecard
Figure 43 Mobileiron, Inc.: Business Strategy Scorecard
Figure 44 Sophos Ltd.: Company Snapshot
Figure 45 Sophos Ltd.: Product Offering Scorecard
Figure 46 Sophos Ltd.: Business Strategy Scorecard
Figure 47 Symantec Corporation: Company Snapshot
Figure 48 Symantec Corporation: Product Offering Scorecard
Figure 49 Symantec Corporation: Business Strategy Scorecard
Figure 50 Alertboot Data Security: Product Offering Scorecard
Figure 51 Alertboot Data Security: Business Strategy Scorecard
Figure 52 Certes Networks, Inc.: Product Offering Scorecard
Figure 53 Certes Networks, Inc.: Business Strategy Scorecard
Figure 54 CSG, Inc.: Product Offering Scorecard
Figure 55 CSG, Inc.: Business Strategy Scorecard
Figure 56 ESET: Product Offering Scorecard
Figure 57 ESET: Business Strategy Scorecard
Figure 58 T-Systems International GmbH: Product Offering Scorecard
Figure 59 T-Systems International GmbH: Business Strategy Scorecard

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