Cloud Encryption Market Outlook 2027 By Service Model, Size, Technology, Share, Trends
According to TechSci Research, Global cloud encryption market is expected to grow at a substantial CAGR during the forecast period. High cloud adoption and virtualization is one of the key factors due to which the market is anticipated to rev up during the forecast years. Moreover, increased instances of data breaches are contributing to high demand for cloud encryption which is positively impacting the growth of market during the forecast period. Furthermore, existence of norms and regulations for the increased adoption of cloud encryption solutions is expected to bolster the growth of market over the next few years. The global cloud encryption market is segmented based on component, service model, organization size, end use , company, and region. Based on service model, the market can be categorized into infrastructure-as-a-service (IaaS), software-as-a-service (SaaS), platform-as-a-service (PaaS). Out of which, the software-as-a-service segment is expected to grow ...