The increasing adoption of digitalization and globalization of enterprises have made IT resources prone to cyber attacks. This has increased the demand for encryption management solutions which will help prevent such cyber attacks.
Enterprises are implementing BYOD policies and integrating chatbots in customer support applications. Moreover, enterprises are also integrating processes based on digitalization to personalize their products and services for end-users.
These factors have boosted the demand for encryption management solutions which will enable data protection and prevent data theft during data transit or data-at-rest, thereby driving market growth.
