Europe Encryption As A Service Market Size & Outlook
Europe encryption as a service market highlights
- The Europe encryption as a service market generated a revenue of USD 468.8 million in 2024.
- The market is expected to grow at a CAGR of 24.4% from 2025 to 2033.
- In terms of segment, solutions was the largest revenue generating component in 2024.
- Solutions is the most lucrative component segment registering the fastest growth during the forecast period.
Europe data book summary
| Market revenue in 2024 | USD 468.8 million |
| Market revenue in 2033 | USD 3,279.4 million |
| Growth rate | 24.4% (CAGR from 2025 to 2033) |
| Largest segment | Solutions |
| Fastest growing segment | Solutions |
| Historical data covered | 2021 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Solutions |
Other key industry trends
- In terms of revenue, Europe region accounted for 26.2% of the global encryption as a service market in 2024.
- Globally, North America is projected to lead the regional market in terms of revenue in 2033.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 3,146.5 million by 2033.
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Encryption As A Service Market Scope
Encryption As A Service Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| AxCrypt | View profile | 1-10 | Stockholm, Stockholms Lan, Sweden, Europe | http://www.axcrypt.net |
| CipherCloud | View profile | 251-500 | San Jose, California, United States, North America | http://www.ciphercloud.com |
| McAfee | View profile | 5001-10000 | Santa Clara, California, United States, North America | http://www.mcafee.com |
| Entrust Inc. | View profile | 101-250 | Katy, Texas, United States, North America | http://entrustinc.com |
| Sophos | View profile | 1001-5000 | Abingdon, Oxfordshire, United Kingdom, Europe | http://www.sophos.com |
| Trend Micro Inc | View profile | 7432 | Shibuya-ku, 2-1-1 Shinjuku Maynds Tower, Yoyogi, Tokyo, Japan, 151-0053 | http://www.trendmicro.co.jp |
| Thales | View profile | 81000 | 4, rue de la Verrerie, Meudon, France, 92190 | https://www.thalesgroup.com |
| Hewlett Packard Enterprise Co | View profile | 62000 | 1701 East Mossy Oaks Road, Spring, TX, United States, 77389 | https://www.hpe.com |
| Broadcom Inc | View profile | 20000 | 3421 Hillview Avenue, Palo Alto, CA, United States, 94304 | https://www.broadcom.com |
| Alphabet Inc Class A | View profile | 180895 | 1600 Amphitheatre Parkway, Mountain View, CA, United States, 94043 | https://www.abc.xyz |
| Microsoft Corp | View profile | 221000 | One Microsoft Way, Redmond, WA, United States, 98052-6399 | https://www.microsoft.com |
| International Business Machines Corp | View profile | 282200 | One New Orchard Road, Armonk, NY, United States, 10504 | http://www.ibm.com |
| Oracle Corp | View profile | 164000 | 2300 Oracle Way, Austin, TX, United States, 78741 | https://www.oracle.com |
| Amazon.com Inc | View profile | 1525000 | 410 Terry Avenue North, Seattle, WA, United States, 98109-5210 | https://www.amazon.com |
Europe encryption as a service market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to encryption as a service market will help companies and investors design strategic landscapes.
Solutions was the largest segment with a revenue share of 121.95% in 2024. Horizon Databook has segmented the Europe encryption as a service market based on solutions covering the revenue growth of each sub-segment from 2021 to 2033.
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Target buyers of Europe encryption as a service market databook
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Our clientele includes a mix of encryption as a service market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe encryption as a service market , including forecasts for subscribers. This continent databook contains high-level insights into Europe encryption as a service market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
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