Cloud Encryption Market: Global Industry Analysis and Forecast (2023-2029)

Bharatikhade27 Oct, 2023Technology

Cloud Encryption Market size was valued nearly US$ 1.56 Bn. in 2022 and is expected to grow at a CAGR of 25.06 % over 2023-2029, to account for US$ 7.47 Bn. in 2029. Cloud Encryption Market Overview and Dynamic: When sensitive data, such as account numbers or other personal information, is saved on cloud storage, it is encrypted so that only authorised users can access it. Because there is no encryption key, the data cannot be accessed if it is lost or stolen.