Optical Encryption Market - RationalStat

WILMINGTON, Del. - Dec. 19, 2022 - PRLog -- RationalStat has segmented the global optical encryption market on the basis of encryption layer, data rate, end-user, and region.

• By Encryption Layer
• OTN or Layer 1
• MACsec or Layer 2
• IPsec or Layer 3
• By Data Rate
• Less than 10 G
• 10 G to 40 G
• 40 G to 100 G
• More than 100 G
• By End User
• BFSI
• IT & Telecom
• Retail & E-Commerce
• Data Center & Cloud
• Government & Defense
• Healthcare
• Others (Manufacturing, Energy & Utilities, Education, etc.)
• By Region
• North America
• US
• Canada
• Latin America
• Brazil
• Mexico
• Rest of Latin America
• Western Europe
• Germany
• UK
• France
• Spain
• Italy
• Benelux
• Nordic
• Rest of Western Europe
• Eastern Europe
• Russia
• Poland
• Rest of Eastern Europe
• Asia Pacific
• China
• Japan
• India
• South Korea
• Australia
• ASEAN (Indonesia, Vietnam, Malaysia, etc.)
• Rest of Asia Pacific
• Middle East & Africa
• GCC
• South Africa
• Turkey
• Rest of the Middle East & Africa

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Optical Encryption Market Analysis and Forecast for 2019-2028. In-depth Market Research by RationalStat analyzes the market encryption layer, data rate, end-user, and region. The comprehensive report offers thorough historical and forecasts market size along with a trends analysis. The market report highlights the importance of the market share, the overview of competition strategies for growth strategic imperatives, annual revenues along with the growth avenues, as well as the assessment of the industry competition.

Some of the prominent players in the global optical encryption market are Nokia Corp., Cisco Systems Inc., Huawei Technologies Co. Ltd., Broadcom Inc., Juniper Networks Inc., Ciena Corp., ECI Telecom Ltd., Microsemi Corp., Arista Networks Inc., Crown Castle International Corp., ADVA Optical Networking SE, Microchip Technology Inc. and Thales Group, among others.

Trends and Market Dynamics: Increasing internet penetration is augmenting the global optical encryption market growth

The global market for optical encryption is projected to expand at a rate of 8.2% over the forecast period of 2022-2028. Growing internet penetration, increasing awareness of cyber security and the growing number of smart city projects all over the world are the most important factors likely to drive up the demand for optical encryption solutions.

The global market for optical encryption is predicted to experience a rapid growth over the next 6 years, mostly driven by the rapid growth of internet usage which has raised worries associated with data transmission and security of data.