With Market Size Valued at $5.6 Billion by 2026, it`s a Healthy Outlook for the Global Mobile Encryption Market

SAN FRANCISCO , June 28, 2022 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Mobile Encryption - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

FACTS AT A GLANCE

What's New for 2022?

• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to our digital archives and MarketGlass Research Platform
• Complimentary updates for one year

Edition: 7; Released: January 2022
Executive Pool: 3356
Companies: 44 - Players covered include AlertBoot Inc.; BlackBerry Ltd.; Certes Networks, Inc.; Communication Security Group; Dell EMC; ESET, Spol. Sro (Slovakia); IBM Corporation; McAfee LLC; MobileIron, Inc.; Sophos Ltd.; Symantec Corporation; T-Systems International GmbH and Others.
Coverage: All major geographies and key segments
Segments: Application (Disk Encryption, File/Folder Encryption, Communication Encryption, Cloud Encryption); Component (Solution, Services)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.

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Global Mobile Encryption Market to Reach $5.6 Billion by 2026
Amid the COVID-19 crisis, the global market for Mobile Encryption estimated at US$1.3 Billion, is projected to reach a revised size of US$5.6 Billion by 2026, growing at a CAGR of 28% over the analysis period. Solution, one of the segments analyzed in the report, is projected to record a 23% CAGR and reach US$3.8 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Services segment is readjusted to a revised 36.7% CAGR for the next 7-year period.

The U.S. Market is Estimated at $496.5 Million in 2021, While China is Forecast to Reach $979.3 Million by 2026
The Mobile Encryption market in the U.S. is estimated at US$496.5 Million in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$979.3 Million by the year 2026 trailing a CAGR of 27.5% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 24.5% and 24.4% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 20% CAGR. More

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Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.

CONTACTS:
Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: [email protected]

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SOURCE Global Industry Analysts, Inc.