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Cloud Encryption Market Size, Company Profile, Revenue, Key Trends Analysis & Forecast, 2026

  The development of IT and telecom industries are propelling the market growth.   Market Size – USD 0.88 Billion in 2018, Market Growth - CAGR of 22.9%, Market Trends – The advent of cyber security for data protection. The global  Cloud Encryption Market  is forecast to reach USD 4.61 Billion by 2026, according to a new report by Reports and Data. Cloud Encryption is provided by the cloud service vendors. This encryption allows for secure data computation and also ensures the protection of data from hacking as well as preventing scenarios of data theft. The encryption method safeguards the data by muddling the content of a system or a database. Thus, the files or data is inaccessible with the decryption key. The increasing cloud traffic, as well as the high demand for protecting sensitive information from data breaches and unauthorized access from third-party initiatives are driving the growth of the cloud encryption market. The market for cloud encryption is influenced by the risi