China Banking Encryption Software Market Size & Outlook
The banking encryption software market in China is expected to reach a projected revenue of US$ 321.7 million by 2030. A compound annual growth rate of 13.3% is expected of China banking encryption software market from 2025 to 2030.
Revenue, 2024 (US$M)
$153.9
Forecast, 2030 (US$M)
$321.7
CAGR, 2025 - 2030
13.3%
Report Coverage
China
Related Markets
China banking encryption software market highlights
- The China banking encryption software market generated a revenue of USD 153.9 million in 2024 and is expected to reach USD 321.7 million by 2030.
- The China market is expected to grow at a CAGR of 13.3% from 2025 to 2030.
- In terms of segment, software was the largest revenue generating component in 2024.
- Service is the most lucrative component segment registering the fastest growth during the forecast period.
Banking encryption software market data book summary
| Market revenue in 2024 | USD 153.9 million |
| Market revenue in 2030 | USD 321.7 million |
| Growth rate | 13.3% (CAGR from 2025 to 2030) |
| Largest segment | Software |
| Fastest growing segment | Service |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Software, Service |
| Key market players worldwide | Broadcom Inc, ESET, International Business Machines Corp, Intel Corp, McAfee, Microsoft Corp, Sophos, Thales Group, Trend Micro Inc, WinMagic |
Other key industry trends
- In terms of revenue, China accounted for 6.6% of the global banking encryption software market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China banking encryption software market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific 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 |
China banking encryption software market size, by component, 2018-2030 (US$M)
China Banking Encryption Software Market Outlook Share, 2024 & 2030 (US$M)
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