Showing posts with label Data Security. Show all posts
Showing posts with label Data Security. Show all posts

Friday, 4 March 2016

Hardware Encryption Market is Expected to Reach $296.4 Billion, Worldwide, By 2020

A new report by Allied Market Research titled, “World Hardware Encryption—Market Opportunities and Forecasts, 2014–2020” forecasts that the world hardware encryption market would garner revenue of $296.4 billion by 2020, registering a CAGR of 54.6% during the forecast period of 2015–2020. Hard disk drives are the most widely encrypted devices, accounting for the highest market share throughout analysis period. Asia-Pacific is the largest revenue generating region for hardware encryption, followed by North America and Europe.