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.
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.
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