Global Mobile Encryption Market Size & Outlook, 2023-2030

The mobile encryption industry worldwide is expected to reach a projected revenue of US$ 16,888.7 million by 2030. A compound annual growth rate of 25.8% is expected of the worldwide mobile encryption industry from 2024 to 2030.
Revenue, 2023 (US$M)
$3,380.7
Forecast, 2030 (US$M)
$16,888.7
CAGR, 2024 - 2030
25.8%
Report Coverage
Worldwide

Global mobile encryption market highlights

  • The global mobile encryption market generated a revenue of USD 3,380.7 million in 2023 and is expected to reach USD 16,888.7 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 25.8% by 2030.
  • In terms of segment, software accounted for a revenue of USD 2,181.0 million in 2023.
  • Services is the most lucrative solution segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2023.
  • Country-wise, UAE is expected to register the highest CAGR from 2024 to 2030.

Global data book summary

Market revenue in 2023USD 3,380.7 million
Market revenue in 2030USD 16,888.7 million
Growth rate25.8% (CAGR from 2023 to 2030)
Largest segmentSoftware
Fastest growing segmentServices
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationServices, Software

Other key industry trends

  • In terms of revenue, the North America accounted for 36.4% of the global mobile encryption market in 2023.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, UAE is the fastest growing regional market and is projected to reach USD 304.7 million by 2030.

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Mobile Encryption Market Companies

Name Profile # Employees HQ Website

Global mobile encryption 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 mobile encryption market will help companies and investors design strategic landscapes.


Software was the largest segment with a revenue share of 64.51% in 2023. Horizon Databook has segmented the Global mobile encryption market based on services, software covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Mobile Encryption Solution Outlook (Revenue, USD Million, 2018-2030)
    • Services
    • Software
  • Global Mobile Encryption Deployment Outlook (Revenue, USD Million, 2018-2030)
    • Cloud
    • On-premise
  • Global Mobile Encryption Enterprise Size Outlook (Revenue, USD Million, 2018-2030)
    • Small and medium-sized enterprises
    • Large enterprises
  • Global Mobile Encryption Vertical Outlook (Revenue, USD Million, 2018-2030)
    • BFSI
    • Telecom and IT
    • Retail
    • Healthcare
    • Education
    • Transportation and Logistics
    • Manufacturing
    • Government
    • Others

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  • Our clientele includes a mix of mobile encryption market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global mobile encryption market , including forecasts for subscribers. This global databook contains high-level insights into Global mobile encryption market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global mobile encryption market size, by region, 2018-2030 (US$M)

Top 10 countries: Mobile encryption market size, 2023 (US$M)

Global mobile encryption market share, by solution, 2023 & 2030 (%, US$M)

Mobile encryption market: Opportunity assessment by country

Global mobile encryption market, by region, 2023 (US$M)

Global mobile encryption market size, by region, 2018-2030 (US$M)

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