Global Banking Encryption Software Market Size & Outlook
The global banking encryption software market size was estimated at USD 2,346.5 million in 2024 and is projected to reach USD 5,033.0 million by 2030, growing at a CAGR of 13.8% from 2025 to 2030.
Revenue, 2024 (US$M)
$2,346.5
Forecast, 2030 (US$M)
$5,033.0
CAGR, 2025 - 2030
13.8%
Report Coverage
Worldwide
Global banking encryption software market, 2018-2030 (US$M)
Related Markets
Global banking encryption software market highlights
- The global banking encryption software market generated a revenue of USD 2,346.5 million in 2024 and is expected to reach USD 5,033.0 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 13.8% by 2030.
- In terms of segment, software accounted for a revenue of USD 1,694.9 million in 2024.
- Service is the most lucrative component segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2024.
- Country-wise, India is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 2,346.5 million |
| Market revenue in 2030 | USD 5,033.0 million |
| Growth rate | 13.8% (CAGR from 2025 to 2030) |
| Largest segment | Software |
| Fastest growing segment | Service |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Software, Service |
Other key industry trends
- In terms of revenue, the North America accounted for 28.8% of the global banking encryption software market in 2024.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, India is the fastest growing regional market and is projected to reach USD 282.4 million by 2030.
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Banking Encryption Software Market Scope
Banking encryption software market segmentation & scope
Banking Encryption Software Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| WinMagic | View profile | 51-100 | Mississauga, Ontario, Canada, North America | http://www.winmagic.com/ |
| ESET | View profile | 1001-5000 | Bratislava, Bratislava, Slovakia (Slovak Republic), Europe | https://www.eset.com/int |
| McAfee | View profile | 5001-10000 | Santa Clara, California, United States, North America | http://www.mcafee.com |
| Thales Group | View profile | 10001+ | Paris, Ile-de-France, France, Europe | http://www.thalesgroup.com |
| Sophos | View profile | 1001-5000 | Abingdon, Oxfordshire, United Kingdom, Europe | http://www.sophos.com |
| Trend Micro Inc | View profile | 7432 | Shibuya-ku, 2-1-1 Shinjuku Maynds Tower, Yoyogi, Tokyo, Japan, 151-0053 | http://www.trendmicro.co.jp |
| Broadcom Inc | View profile | 20000 | 3421 Hillview Avenue, Palo Alto, CA, United States, 94304 | https://www.broadcom.com |
| Microsoft Corp | View profile | 221000 | One Microsoft Way, Redmond, WA, United States, 98052-6399 | https://www.microsoft.com |
| International Business Machines Corp | View profile | 282200 | One New Orchard Road, Armonk, NY, United States, 10504 | http://www.ibm.com |
| Intel Corp | View profile | 124800 | 2200 Mission College Boulevard, Santa Clara, CA, United States, 95054-1549 | https://www.intel.com |
Global banking encryption software market size, by regions, 2018-2030 (US$M)
Top 10 countries: Banking encryption software market size, 2024 (US$M)
Global banking encryption software market share, by component, 2024 & 2030 (%, US$M)
Banking encryption software market: Opportunity assessment by country
Global banking encryption software market, by region, 2024 (US$M)
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