Global Mobile Encryption Market Size & Outlook, 2023-2030
Global mobile encryption market, 2018-2030 (US$M)
Related Markets
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 2023 | USD 3,380.7 million |
| Market revenue in 2030 | USD 16,888.7 million |
| Growth rate | 25.8% (CAGR from 2023 to 2030) |
| Largest segment | Software |
| Fastest growing segment | Services |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Services, 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 Scope
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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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)
| Solution | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Latin America | 131.4 | 160.6 | 202.7 | 253.5 | 317.1 | 397.0 | 496.9 | 622.7 | 781.4 | 982.0 | 1,239.2 | 1,568.4 | 1,991.5 | 26.1% |
| Europe | 260.2 | 320.5 | 407.4 | 513.4 | 647.1 | 816.1 | 1,029.3 | 1,299.6 | 1,642.9 | 2,080.1 | 2,644.5 | 3,372.1 | 4,313.9 | 27.1% |
| North America | 441.7 | 531.3 | 659.4 | 811.2 | 998.2 | 1,229.0 | 1,513.2 | 1,865.4 | 2,302.2 | 2,845.9 | 3,532.3 | 4,397.4 | 5,492.1 | 24.0% |
| MEA | 71.8 | 88.7 | 112.9 | 142.1 | 178.3 | 223.2 | 278.8 | 347.7 | 432.9 | 538.4 | 670.4 | 834.8 | 1,039.6 | 24.8% |
| Asia Pacific | 217.1 | 270.1 | 346.7 | 441.2 | 561.6 | 715.3 | 911.1 | 1,161.8 | 1,483.2 | 1,896.7 | 2,435.2 | 3,136.0 | 4,051.6 | 28.3% |
| Overall | 1,122.1 | 1,371.2 | 1,729.1 | 2,161.4 | 2,702.4 | 3,380.7 | 4,229.3 | 5,297.1 | 6,642.6 | 8,343.1 | 10,521.5 | 13,308.7 | 16,888.7 | 25.8% |
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