Press Release

Cybersecurity Demands Drive Global Encryption Software Boom

Pune, India | November 20, 2025 – Global Data Route Analytics announces the release of its latest research report on the Global Encryption Software Market (2023–2030), forecasting a robust expansion from USD 13.9 billion in 2022 to over USD 45.8 billion by 2030, growing at a CAGR of 16.5%. This surge reflects the heightened urgency for sophisticated data protection solutions in light of increasing cyber threats and regulatory pressures.

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The proliferation of Internet of Things (IoT) devices and Bring Your Own Device (BYOD) policies across enterprises has created a vast attack surface for malicious actors. This shift has significantly elevated the demand for encryption tools capable of securing sensitive information across multiple devices, cloud environments, and communication channels.

In parallel, the evolving compliance landscape—including regulations such as GDPR, HIPAA, and CCPA—is accelerating the integration of advanced encryption frameworks into IT systems. Businesses are increasingly prioritizing data privacy and zero-trust architecture, creating long-term growth opportunities for encryption vendors.

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Comprehensive Market Segmentation:

By Component:

  • Software
  • Services

By Deployment Mode:

  • On-Premise
  • Cloud

By Application:

  • Disk Encryption
  • File/Folder Encryption
  • Database Encryption
  • Communication Encryption
  • Cloud Encryption

By Function:

  • Encryption
  • Key Management

By Enterprise Size:

  • Small and Medium Enterprises (SMEs)
  • Large Enterprises

By Industry Vertical:

  • BFSI
  • Healthcare
  • Government & Public Sector
  • IT & Telecom
  • Retail
  • Aerospace & Defense
  • Manufacturing
  • Education
  • Others

By Region:

  • North America (U.S., Canada, Mexico)
  • Europe (UK, Germany, France, Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific)
  • Middle East & Africa (GCC Countries, South Africa, Rest of MEA)
  • Latin America (Brazil, Argentina, Rest of Latin America)

Key Players Analyzed in the Report Include:

  • Microsoft Corporation
  • IBM Corporation
  • Broadcom Inc. (Symantec)
  • McAfee, LLC
  • Thales Group
  • Sophos Ltd.
  • Trend Micro Incorporated
  • Dell Technologies Inc.
  • Check Point Software Technologies Ltd.
  • Oracle Corporation
  • Cisco Systems, Inc.
  • Micro Focus International plc
  • Amazon Web Services (AWS)
  • Google LLC
  • WinMagic Inc.
  • AxCrypt AB
  • Nord Security (NordLocker)
  • F-Secure Corporation
  • Entrust Corporation
  • Bitdefender LLC

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About the Company

Global Data Route Analytics is a market research and consulting firm that provides businesses with data analysis, market forecasts, and tailored reports across various industries. The company uses advanced data analysis techniques, proprietary data, and an expert team to help clients understand market trends, make informed decisions, and develop strategies. They focus on delivering customized solutions, competitive intelligence, and growth strategies to help businesses succeed in their respective markets.

Media Contact:
Srushti Tungar
Global Data Route Analytics

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