South Korea Mobile Encryption Market Size & Outlook
Related Markets
South Korea mobile encryption market highlights
- The South Korea mobile encryption market generated a revenue of USD 72.9 million in 2023 and is expected to reach USD 421.8 million by 2030.
- The South Korea market is expected to grow at a CAGR of 28.5% from 2024 to 2030.
- In terms of segment, software was the largest revenue generating solution in 2023.
- Services is the most lucrative solution segment registering the fastest growth during the forecast period.
Mobile encryption market data book summary
| Market revenue in 2023 | USD 72.9 million |
| Market revenue in 2030 | USD 421.8 million |
| Growth rate | 28.5% (CAGR from 2023 to 2030) |
| Largest segment | Software |
| Fastest growing segment | Services |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Services, Software |
| Key market players worldwide | BlackBerry Ltd, Broadcom Inc, McAfee, International Business Machines Corp, Thales Group, Cisco Systems Inc, Microsoft Corp, Lookout, Cellebrite DI Ltd, Sophos, Amazon.com Inc |
Other key industry trends
- In terms of revenue, South Korea accounted for 2.2% of the global mobile encryption market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China mobile encryption market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,000.3 million by 2030.
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Mobile Encryption Market Scope
Mobile Encryption Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Cellebrite DI Ltd | View profile | 1008 | 94 Shlomo Shmelzer Road, P.O. Box 3925, Petah Tikva, Israel, 4970602 | https://www.cellebrite.com |
| McAfee | View profile | 5001-10000 | Santa Clara, California, United States, North America | http://www.mcafee.com |
| Lookout | View profile | 501-1000 | San Francisco, California, United States, North America | http://www.lookout.com |
| BlackBerry Ltd | View profile | 6200 | 2200 University Avenue East, Waterloo, ON, Canada, N2K 0A7 | https://www.blackberry.com |
| Thales Group | View profile | 10001+ | Paris, Ile-de-France, France, Europe | http://www.thalesgroup.com |
| Sophos | View profile | 1001-5000 | Abingdon, Oxfordshire, United Kingdom, Europe | http://www.sophos.com |
| Cisco Systems Inc | View profile | 84900 | 170 West Tasman Drive, San Jose, CA, United States, 95134-1706 | https://www.cisco.com |
| Broadcom Inc | View profile | 20000 | 3421 Hillview Avenue, Palo Alto, CA, United States, 94304 | https://www.broadcom.com |
| 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 |
| Amazon.com Inc | View profile | 1525000 | 410 Terry Avenue North, Seattle, WA, United States, 98109-5210 | https://www.amazon.com |
South Korea 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 65.02% in 2023. Horizon Databook has segmented the South Korea mobile encryption market based on services, software covering the revenue growth of each sub-segment from 2018 to 2030.
- South Korea Mobile Encryption Solution Outlook (Revenue, USD Million, 2018-2030)
- Services
- Software
- South Korea Mobile Encryption Deployment Outlook (Revenue, USD Million, 2018-2030)
- Cloud
- On-premise
- South Korea Mobile Encryption Enterprise Size Outlook (Revenue, USD Million, 2018-2030)
- Small and medium-sized enterprises
- Large enterprises
- South Korea 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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Target buyers of South Korea mobile encryption market databook
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Our clientele includes a mix of mobile encryption 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 country-level data and insights on the South Korea mobile encryption market , including forecasts for subscribers. This country databook contains high-level insights into South Korea mobile encryption market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
South Korea mobile encryption market size, by solution, 2018-2030 (US$M)
South Korea Mobile Encryption Market Outlook Share, 2023 & 2030 (US$M)
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