Global Data Storage Encryption Technology Market Growth (Status and Outlook) 2024-2030

Global Data Storage Encryption Technology Market Growth (Status and Outlook) 2024-2030

Data storage encryption technology is a security measure designed to protect data stored in computer systems from unauthorized access, tampering or disclosure. This technology converts sensitive data into a format that is difficult for unauthorized users to understand (i.e., ciphertext) by applying encryption algorithms, thereby ensuring the confidentiality, integrity and availability of data during storage.

The global Data Storage Encryption Technology market size is projected to grow from US$ 788 million in 2024 to US$ 1153 million in 2030; it is expected to grow at a CAGR of 6.6% from 2024 to 2030.

LPI (LP Information)' newest research report, the “Data Storage Encryption Technology Industry Forecast” looks at past sales and reviews total world Data Storage Encryption Technology sales in 2022, providing a comprehensive analysis by region and market sector of projected Data Storage Encryption Technology sales for 2023 through 2029. With Data Storage Encryption Technology sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Data Storage Encryption Technology industry.

This Insight Report provides a comprehensive analysis of the global Data Storage Encryption Technology landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Data Storage Encryption Technology portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Data Storage Encryption Technology market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Data Storage Encryption Technology and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Data Storage Encryption Technology.

United States market for Data Storage Encryption Technology is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

China market for Data Storage Encryption Technology is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Europe market for Data Storage Encryption Technology is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key Data Storage Encryption Technology players cover Thales, Blackwater Cyber​​security, DES, OfficeTechHub, Trustway, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.

This report presents a comprehensive overview, market shares, and growth opportunities of Data Storage Encryption Technology market by product type, application, key players and key regions and countries.

Segmentation by Type:
File Encryption
Disk Encryption
Email Encryption
Others

Segmentation by Application:
Personal
Enterprises
Municipal
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

Segmentation by Type:
File Encryption
Disk Encryption
Email Encryption
Others

Segmentation by Application:
Personal
Enterprises
Municipal
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Thales
Blackwater Cyber​​security
DES
OfficeTechHub
Trustway
Trellix
Seald
UK Data Service
Virtru
Entrust
Consultport
Broadcom Inc.
Echoworx
Fortanix
Encryption Consulting
OpenText
Sealpath

Please note: The report will take approximately 2 business days to prepare and deliver.