Top 10 companies in the Encryption Software Market by Intellectual Market Insights Research

Published Date : 2023-Apr-02

Encryption Software Market Top Key player analysis: Amazon Web Services, Check Point Software Technologies, Cisco, F-Secure, Fortinet, IBM, Microsoft Corporation  Oracle Corporation, Palo Alto Networks and Trend Micro Incorporated and More.

According to a comprehensive study by Intellectual Market Insights Research, the Global Encryption Software Market size was valued at USD 8.2 Billion in 2022 and is projected to reach USD 27.52 Billion 2031.

Encryption Software Market Size, Share & Trends Analysis Report by Component, by Deployment Model, by Enterprise Size, by Function, by Industry, Global Economy Insights, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2023 - 2031.

Growing at a CAGR of 14.4% from 2022 to 2031.

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  1. Amazon Web Services

Founded: 2006

Headquarters: Seattle, Washington, United States


About Us: Amazon Web Services, Inc. (AWS) is a subsidiary of Amazon that provides on-demand cloud computing platforms and APIs to individuals, companies, and governments, on a metered, pay-as-you-go basis. Often, clients will use this in combination with autoscaling. These cloud computing web services provide various services related to networking, compute, storage, middleware, IOT and other processing capacity, as well as software tools via AWS server farms.

The company had nearly 10,000 employees and had revenue of $62 Billion in 2022.


  1. Check Point Software Technologies

Founded: 1993

Headquarters: San Carlos, California, United States & Tel Aviv-Yafo, Israel


About Us: Check Point is an American Israeli multinational provider of software and combined hardware and software products for IT security, including network security, endpoint security, cloud security, mobile security, data security and security management.

The company has offices in over 70 locations worldwide including main offices in North America. As of 2022, the company has approximately 6,000 employees worldwide and had revenue of $2.17 Billion.


  1. Cisco

Founded: 1984

Headquarters: San Jose, California, United States


About Us: Cisco Systems, Inc., commonly known as Cisco, is an American-based multinational digital communications technology conglomerate corporation. Cisco develops, manufactures, and sells networking hardware, software, telecommunications equipment and other high-technology services and products. Cisco specializes in specific tech markets, such as the Internet of Things (IoT), domain security, videoconferencing, and energy management.

Cisco is one of the largest technology companies in the world ranking 74 on the Fortune 100 with over $51.56 Billion in revenue and nearly 83,000 employees in 2022.


  1. F-Secure

Founded: 1988

Headquarters: Helsinki, Finland


About Us: F-Secure Corporation is a global cyber security and privacy company, which has its headquarters in Finland. F-Secure develops and sells antivirus, VPN, password management, and other consumer cyber security products and services for computers, mobile devices, smart TVs and internet of things devices. The company also offers several free-to-use tools on its website.

The company had nearly 350+ in 2022 employees and had revenue €111.0 Million in 2022.


  1. Fortinet

Founded: 2000

Headquarters: Sunnyvale, California, United States


About Us: Fortinet is cybersecurity cloud security and Network Security company. The company develops and sells solutions for information security like firewalls, antivirus programs or intrusion detection systems. Fortinet has offices located all over the world. NetworkWorld reported that Fortinet introduced new AI and ML-based security services utilizing telemetry from its global network.

The company had nearly 12,595 employees and had revenue of $4.42 Billion in end of year 2022.


  1. IBM

Founded: 1911

Headquarters: Armonk, New York, United States


About Us: The International Business Machines Corporation (IBM), nicknamed Big Blue, is an American multinational technology corporation headquartered in New York and present in over 175 countries. It specializes in computer hardware, middleware, and software, and provides hosting and consulting services in areas ranging from mainframe computers to nanotechnology. IBM is the largest industrial multinational technology corporation in the world.

The company had nearly 2,88,300 employees and had revenue of $60.53 Billion in 2022.


  1. Microsoft Corporation

Founded: 1975

Headquarters: Redmond, Washington, United States


About Us: Microsoft Corporation is an American multinational technology corporation headquartered in Redmond, Washington. Microsoft's best-known software products are the Windows line of operating systems, the Microsoft Office suite, and the Internet Explorer and Edge web browsers. Its flagship hardware products are the Xbox video game consoles and the Microsoft Surface lineup of touchscreen personal computers. it was the world's largest software maker by revenue as of 2022. It is considered as one of the Big Five American information technology companies, alongside Alphabet (parent company of Google), Amazon, Apple, and Meta (formerly Facebook).

The company had nearly 2,21,000 employees and had revenue of $ 198.3 Billion in 2022.


  1. Oracle Corporation

Founded: 1977

Headquarters: Austin, Texas, United States


About Us: Oracle Corporation is an American multinational computer technology corporation headquartered in Austin, Texas. In 2020, Oracle was the third-largest software company in the world by revenue and market capitalization. The company sells database software and technology (particularly its own brands), cloud engineered systems, and enterprise software products, such as enterprise resource planning (ERP) software, human capital management (HCM) software, customer relationship management (CRM) software (also known as customer experience), enterprise performance management (EPM) software, and supply chain management (SCM) software.

The company had nearly 1,43,000 employees and had revenue of $42.44 Billion in 2022.


  1. Palo Alto Networks

Founded: 2005

Headquarters: Santa Clara, California, United States


About Us: Palo Alto Networks, Inc. is an American multinational cybersecurity company. The core product is a platform that includes advanced firewalls and cloud-based offerings that extend those firewalls to cover other aspects of security. It is home to the Unit 42 threat research team and hosts the Ignite cybersecurity conference.

The company serves over 70,000 organizations in over 150 countries, including 85 of the Fortune 100. The company had nearly 12,561 employees and had revenue of $5.50 Billion in 2022.


  1. Trend Micro Incorporated

Founded: 1988

Headquarters: Tokyo, Japan, Irving & Texas, United States


About Us: Trend Micro Inc. is a Japanese multinational cyber security software company. Other regional headquarters and R&D centers are located around East Asia, Southeast Asia, Europe, and North America. The company develops enterprise security software for servers, containers, & cloud computing environments, networks, and end points. Its cloud and virtualization security products provide automated security for customers of VMware, Amazon AWS, Microsoft Azure, and Google Cloud Platform.

The company had nearly 75,000 employees and had revenue of $20.248 Billion in 2022.


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