Europe Cloud Encryption Market Size & Outlook, 2025-2030
Europe cloud encryption market highlights
- The Europe cloud encryption market generated a revenue of USD 1,222.9 million in 2024.
- The market is expected to grow at a CAGR of 30% from 2025 to 2030.
- In terms of segment, solution was the largest revenue generating component in 2024.
- Solution is the most lucrative component segment registering the fastest growth during the forecast period.
Europe data book summary
| Market revenue in 2024 | USD 1,222.9 million |
| Market revenue in 2030 | USD 5,786.9 million |
| Growth rate | 30% (CAGR from 2025 to 2030) |
| Largest segment | Solution |
| Fastest growing segment | Solution |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Solution |
| Key market players worldwide | IBM Corporation, Thales Group, Google LLC, Broadcom Inc, Cisco Systems Inc, Trend Micro Inc, Palo Alto Networks Inc, Check Point Software Technologies Ltd, Fortinet Inc, Wiz, CipherCloud, HyTrust, Netskope, Amaryllo Inc. |
Other key industry trends
- In terms of revenue, Europe region accounted for 27.5% of the global cloud encryption market in 2024.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 5,523.3 million by 2030.
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Cloud Encryption Market Scope
Cloud Encryption Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Amaryllo Inc. | View profile | 51-100 | Irvine, California, United States, North America | http://www.amaryllo.us |
| HyTrust | View profile | 101-250 | Mountain View, California, United States, North America | http://www.hytrust.com |
| Wiz | View profile | 501-1000 | New York, New York, United States, North America | https://www.wiz.io |
| CipherCloud | View profile | 251-500 | San Jose, California, United States, North America | http://www.ciphercloud.com |
| IBM Corporation | View profile | - | - | - |
| Google LLC | View profile | - | - | - |
| Netskope | View profile | 1001-5000 | Santa Clara, California, United States, North America | https://www.netskope.com |
| Thales Group | View profile | 10001+ | Paris, Ile-de-France, France, Europe | http://www.thalesgroup.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 |
| Palo Alto Networks Inc | View profile | 15166 | 3000 Tannery Way, Santa Clara, CA, United States, 95054 | https://www.paloaltonetworks.com |
| Check Point Software Technologies Ltd | View profile | 6450 | 5 Shlomo Kaplan Street, Tel Aviv, Israel, 6789159 | https://www.checkpoint.com |
| Cisco Systems Inc | View profile | 84900 | 170 West Tasman Drive, San Jose, CA, United States, 95134-1706 | https://www.cisco.com |
| Fortinet Inc | View profile | 13522 | 909 Kifer Road, Sunnyvale, CA, United States, 94086 | https://www.fortinet.com |
| Broadcom Inc | View profile | 20000 | 3421 Hillview Avenue, Palo Alto, CA, United States, 94304 | https://www.broadcom.com |
Europe cloud encryption market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to cloud encryption market will help companies and investors design strategic landscapes.
Solution was the largest segment with a revenue share of 127.27% in 2024. Horizon Databook has segmented the Europe cloud encryption market based on solution covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of cloud encryption market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe cloud encryption market , including forecasts for subscribers. This continent databook contains high-level insights into Europe cloud encryption market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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