This method uses mathematical algorithms which convert the information into an unreadable format which can only retrieve using a secret code. According to the report, the global encryption software market accounted for about USD 2.20 billion in 2015 and is expected to reach around USD 7.17 billion by 2021, growing at a CAGR of around 21.7% between 20.Įncryption is a method that secures data by converting plain text into a cipher format during transmission.
Sarasota, FL, (GLOBE NEWSWIRE) - Zion Market Research has published a new report titled “Encryption Software Market by Deployment Type (Cloud and on-Premise) for Encryption for Data-at-Rest, Full Disc Encryption, and Other Applications: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2015 - 2021”.
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