Mobile Encryption Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Global Mobile Encryption Industry is Segmented by Component (solution and services), Application (Disk Encryption, file/folder Encryption, Web communication encryption, Cloud encryption), Deployment Type (on-premises or cloud), enterprise size (SMEs and large enterprises), End-user Industry (BFSI, Aerospace and Defense, Healthcare, Government and Public Sector, Telecom, Retail), and Geography. The market size and forecasts are provided in terms of value (USD million) for all the above segments.

Mobile Encryption Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Mobile Encryption Industry Overview

The Global Mobile Encryption Market is fragmented, as the mobile encryption ecosystem comprises various mobile encryption solutions and service providers. The major players deploy various strategies, such as new product launches and clinical trials, and are also taking market initiatives and innovations through high expenditure on research and development, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. Some of the major players in the market are IBM Corporation, HP Enterprises, Dell, Symantec, and Checkpoint Software, among others.

  • October 2022 - Check Point Software Technologies Ltd., a top global provider of cyber security solutions, acquired Spectral, an Israeli startup that was a key innovator in developer-first security tools created by developers for developers. With this purchase, Check Point was expected to increase the developer-first security capabilities of its cloud solution, Check Point CloudGuard, and offer the broadest range of cloud application security use cases, including infrastructure as code (IaC) scanning and hardcoded secret detection.
  • December 2022 - RingCentral, Inc. announced that it is extending End-to-End Encryption (E2EE) capabilities in its flagship RingCentral MVP product to encompass both phone and messaging in addition to video. E2EE technology shields users' communication content from being accessed by unauthorised parties. This offers protection against infiltration and attacks from outside parties as well as privacy for privileged discussions for security-conscious organisations. 

Mobile Encryption Market Leaders

  1. Check Point Software Technologies, Ltd .

  2. Hewlett Packard Enterprise

  3. IBM Corporation

  4. Dell

  5. Symantec

  6. *Disclaimer: Major Players sorted in no particular order
Mobile Encryption Market Concentration