Global Encryption Software Market to Reach US$1.8 Billion by 2015, According to New Report by Global Industry Analysts, Inc.

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GIA announces the release of a comprehensive global outlook on Encryption Systems and Digital Certificates market. Increasing use of the Internet by corporates and consumers is bringing to the forefront the risks of security breaches, data thefts and business interruption. Growing use of wireless communications, introduction of advanced solutions, increased adoption among SMBs and stringent regulatory riders are forecast to drive demand for encryption systems and digital certificates across the globe.

Encryption Systems and Digital Certificates: A Global Outlook

Follow us on LinkedIn – Growing sophistication of security threats, especially internal data leakage, the potential impact of security breaches on enterprise operations, and implementation of stringent regulations for ensuring safety and security, is compelling organizations across the globe to increase their investments in IT security. Against this backdrop, encryption solutions and SSL certificates have gained lot of prominence among global enterprises for securing their data and networks. With number of incidents involving enterprise security breaches increasingly rapidly across the globe, the demand for data security products and services, including encryption and digital certificates is only projected to soar higher over the next few years. The active role played by governments across the globe in formulating stringent laws and regulations, such as Payment Card Industry (PCI) Data Security Standard, PCI DSS 2.0, California SB1386, Basel II, Gramm-Leach-Bliley, Identity Theft Red Flag Guidelines (Sections 114& 315 of the 2003 FACT Act), UK Faster Payment Initiative, and the FFIEC guidelines on financial institution authentication, especially are exerting additional pressures on enterprises to beef up their IT security infrastructure thereby driving demand for such solutions.

Hitherto largely limited to large-scale organizations working with sensitive information and operating from multiple locations, such as telecom, banking and finance, IT and government agencies, data and network security solutions are becoming key components for IT security even among small and medium enterprises, thereby lending traction to encryption systems and digital certificates market. Frequent introductions of cost-effective and easy-to-use bundled solutions to suit the requirements and budgets of SMBs are also helping generate substantial demand for these solutions in this segment. Development and large-scale deployments of advanced solutions such as voice encryption systems, Point-to-Point Encryption systems, and solutions that help automate, protect and manage digital certificates and encryption keys will continue to drive opportunities in this market over the next few years.

The research report titled “Encryption Systems and Digital Certificates: A Global Outlook” announced by Global Industry Analysts, Inc., provides a collection of statistical anecdotes, market briefs, and concise summaries of research findings. The report offers a rudimentary overview of the industry, highlights latest trends in the Encryption Systems and Digital Certificates market, and demand drivers, in addition to providing statistical insights. Regional markets briefly abstracted and covered include United States, Canada, Japan, Europe (France, Germany, Italy, and the United Kingdom) Asia-Pacific (Australia, China, Hong Kong, India, Korea, Singapore, and Taiwan) Middle East and Latin America. The report offers a compilation of recent mergers, acquisitions, and strategic corporate developments. Also included is an indexed, easy-to-refer, fact-finder directory listing the addresses, and contact details of companies worldwide.

For more details about this comprehensive industry report, please visit –

http://www.strategyr.com/Encryption_Systems_and_Digital_Certificates_Industry_Market_Report.asp

About Global Industry Analysts, Inc.

Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.

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Global Industry Analysts, Inc.

Telephone: 408-528-9966

Fax: 408-528-9977

Email: press(at)StrategyR(dot)com

Web Site: http://www.StrategyR.com/

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