The most exciting regarding the Cloud Encryption Market

It is very interesting to observe that, the market is driven by factors, such as proliferation in the cloud adoption and virtualization, bigger risks on cloud environment due to big data analytics, and stringent regulations and compliances.

The major hindrance faced by the enterprises while adopting cloud encryption are lack of budget for the adoption of best-in-class cloud encryption solution, and misbelief of performance issue caused by cloud encryption.

Software-as-a-Service (SaaS) service model in the cloud encryption market is expected to grow at the fastest rate.

According to Research and Markets, the Cloud Encryption Market is Expected to Grow from USD 645.4 Million in 2017 to USD 2,401.9 Million By 2022, at a CAGR of 30.1%.