Encryption as a Service Market

The Encryption as a Service (EaaS) market consists of cloud-based solutions that provide encryption capabilities to businesses and individuals, allowing them to secure data without managing the underlying complexities. The main customers are organizations of all sizes, from SMEs to large enterprises, across a wide range of industry verticals. Key growth drivers include the rising volume of cybersecurity threats, the growing adoption of smartphones for sensitive activities, and the need to comply with stringent data protection regulations.