Allied Market Research recently published a report, titled, “Banking Encryption Software Market by Component (Software and Service) Deployment Model (On-premise and Cloud), Enterprise Size (Large Enterprises and Small & Medium Sized Enterprises), and Function (Disk Encryption, Communication Encryption, File/Folder Encryption, and Cloud Encryption): Global Opportunity Analysis and Industry Forecast, 2021–2030”. As per the report, the global banking …
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global banking encryption software market is projected to reach $4.98 billion by 2030
The global banking encryption software market size was valued at $1.49 billion in 2020, and is projected to reach $4.98 billion by 2030, growing at a CAGR of 12.8% from 2021 to 2030. According to Allied’s report, the market is driven by recent technological advancements and the rapid launch of new products. The report covers an …
Banking Encryption Software Market Expected to Reach $4.98 Billion by 2030
Banking Encryption Software Market is anticipated to reach $4.98 billion by 2030, registering a CAGR of 12.8 % during the forecast period. According to Allied’s report, the market is driven by recent technological advancements and the rapid launch of new products. The report covers an in-depth study of the latest market trends, major driving factors, …
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Banking Encryption Software Market to Garner $4.98 Bn by 2030
Major determinants of the market growth Surge in use of digital payment technology, increase in demand for data security technology among banks and financial institutions, and rise in cyberattacks and data proliferation drive the growth of the global banking encryption software market. However, lack of awareness toward encryption software and implementation issues of banking encryption …
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