Global Cloud Encryption Market Research Report 2017
Lewes, DE -- (SBWIRE) -- 09/16/2017 -- Cloud encryption is a transformation of a cloud service customer's data into cipher text. Cloud encryption is almost equal to in house encryption but it has one important difference the cloud customer must take time to go through with the providers policies and procedures for encryption and encryption key management. The cloud encryption capabilities of the service provider need to match the level of sensitivity of the data being hosted. The reason for processor overhead many consumers most of the cloud providers will offer basic encryption on a few database fields such as passwords and account numbers. To keep cost low providers have been offering alternatives to encryption that don't require as much processing power.
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Increasing number of organizations world- wide are accepting encryption because of data safety and data privacy compliance regulations. The usage of cloud based applications in IT and the telecom are in high demand because of their business operations. As a result, they often become prey of cyber crimes, this led them to adopt this cloud encryption market to secure their data. The usage of cloud encryption has further granted users to save their important data in their mobile devices and use these information through the cloud without any risk. The infrastructure as a service segment provides offerings such as servers, storages and information infrastructure in premises private cloud.It helps the organization to lower the cost of ownership as the service is provided by third party owners in the form of cloud based data centers. These are boosting in the up rise of cloud encryption market.
Geographically North America primarily US is ruling over the cloud encryption market. Other than this there are Europe where we can mention places like Germany, Italy and France. Lastly Asia Pacific has countries like China and Japan who are continuously supporting this cloud encryption market.
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Market segment by Type, Cloud Encryption can be split into
By Service Model
By Organization Size
Market segment by Application, Cloud Encryption can be split into
Banking, Financial Services, and Insurance
Telecom and IT
Government and Public Utilities
Aerospace and Defense