Global Network Encryption Market at A Highest CAGR of 9.55% With Leading Players
Posted by nileshdbmr on December 18th, 2019
Global network encryption market is expected to rise from its initial estimated value of USD 2.91 million in 2018 to an estimated value of USD 6.03 million by 2026, registering a CAGR of 9.55% in the forecast period of 2019-2026. This rise in market value can be attributed to the increasing security concerns and high levels of network security breaches.
Major Market Competitors/Players: Global Network Encryption Market
Few of the major competitors currently working in the network encryption market are Cisco, Juniper Networks Inc., Gemalto NV, Nokia, Thales eSecurity, Atos SE, Ciena Corporation, ROHDE&SCHWARZ, ADVA Optical Networking, Colt Technology Services Group Limited, Huawei Technologies Co. Ltd., Hewlett Packard Enterprise Development LP, F5 Networks Inc., ECI TELECOM, Senetas, Viasat Inc., Raytheon Company, Quantum Corporation, Technical Communications Corporation, ARRIS International plc, atmedia GmbH, Securosys SA, PacketLight Networks, and Certes Networks Inc.
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Network encryption can be defined as the protective/security barrier between the communications of various networks/computer models. It is implemented over the internet protocol security and a number of varying algorithms, and standards are applied over the message that is sent through the network.
Competitive Analysis: Global Network Encryption Market
Global network encryption market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of network encryption market for global, Europe, North America, Asia Pacific and South America.
Segmentation: Global Network Encryption Market
Key Insights in the report:
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About the Authornileshdbmr
Joined: September 27th, 2019
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