According to a new report Global Network encryption Market, published by KBV research, the Global Network encryption Market size is expected to reach $4.7 billion by 2024, rising at a market growth of 11.4% CAGR during the forecast period.
The North America market has dominated the Global Network Encryption Optical Transmission Market by Region 2017. The Europe market is expected to witness a CAGR of 14.8% during (2018-2024). Additionally, The Asia Pacific market is expected to witness a CAGR of 17.8% during (2018-2024).
The Greater Than 10g & Less Than 40g market would dominate the Global Network Encryption Market by 2024, growing at a CAGR of 10.8% during the forecast period. The Greater Than 40g & Less Than 100g market is expected to witness a CAGR of 10.7% during (2018-2024). Additionally, The Less Than 10g market is expected to witness highest CAGR of 13.2% during (2018-2024).
The Hardware market dominated the Global Network Encryption Market by Component 2017, and would achieve a market value of $2,416.2 million by 2024, growing at a CAGR of 10.5% during the forecast period. The Platform market is expected to witness a CAGR of 11% during (2018-2024). Additionally, The Services market is expected to witness highest CAGR of 14.1% during (2018-2024).
Full Report: https://www.kbvresearch.com/network-encryption-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of IBM Corporation, Cisco Systems, Juniper Networks, BMC software, CA Technologies, Riverbed technology, SolarWinds Inc., Nokia Corporation, Micro Focus, and Kentik.
Global Network encryption Market Size Segmentation
By Transmission Type
By Data Rate
By Component
By Organization Size
By End User
By Geography
Companies Profiled
Unique Offerings from KBV Research
Related Reports:
North America Network Encryption Market
Europe Network Encryption Market