PUNE, India, Nov. 2, 2016 /PRNewswire/ -- Market Research Future published a half cooked research report on Data Encryption Market. The Global Data Encryption Market is majorly driven by factors such as high security proliferating and technological advancement.
Market Highlights Data Encryption market is seeing tremendous opportunities in the coming future and is forecasted to grow at USD ~4 billion by year 2022 with CAGR of ~18%. With the help of trending cloud technology companies can store their bundle of data and can access from anywhere but the risk of theft always exist. Data Encryption is a method which allows the user to encode the data into a code or language which only can be accessed if a person or organization has the unlocking code. This makes the data more secure and helps to minimize the misuse.