Security Standard (PCI DSS) has led companies in this sector to deliver security solutions with
encryption software. Mobile encryption technology helps banking and financial companies to cater to
financial security, online fund transfer security, and data security by encrypting files, data, and
emails.
“APAC is projected to grow at the highest CAGR.”
Asia Pacific includes emerging economies, such as China, Australia, Singapore, and India, which are
rapidly deploying mobile encryption solutions. APAC is expected to grow at the highest CAGR
during the forecast period. This is mainly due to the increasing adoption of BYOD trends and strict
compliance across different industry verticals, such as BFSI, aerospace and defense, government,
telecom, retail, and others. Furthermore, North America is expected to have the largest market size in
2017
In-depth interviews were conducted with Chief Executive Officers (CEOs), marketing directors,
innovation and technology directors, and executives from various key organizations operating in the
mobile encryption market.
The breakup of the profiles of the primary participants is given below:
• By Company: Tier 1 – 18%, Tier 2 – 47%, and Tier 3 – 35%
• By Designation: C level – 54%, Director level – 39%, Others – 7%
• By Region: North America – 69%, Europe – 15%, APAC – 9%, RoW – 7%
The key mobile encryption providers profiled in the report are as follows:
1. Adeya SA (Morges, Switzerland)
2. AlertBoot Data Security (Las Vegas, US)
3. Becrypt, Ltd. (London, UK)
4. BlackBerry Ltd. (Ontario, Canada)
5. CSG, Inc. (Washington, US)
6. Certes Networks, Inc. (Pennsylvania, US)
7. Check Point Software Technologies, Ltd. (Tel Aviv, Israel)
8. DataMotion, Inc. (New Jersey, US)
9. Dell Technologies, Inc. (Texas, US)
10. ESET (Bratislava, Slovakia)
11. Gold Line Group Ltd. (Israel)