Network encryption is the process of encrypting or encoding data and messages transmitted or communicated over a computer network.
It is a broad process that includes various tools, techniques and standards to ensure that the messages are unreadable when in transit between two or more network nodes.
Network encryption is primarily implemented on the network layer of the OSI model. Network encryption implements one or more encryption algorithms, processes and standards to encrypt the data/message/packet sent over the network. The encryption services are generally provided by encryption software or through an integrated encryption algorithm on network devices and/or in software.
On an IP-based network, network encryption is implemented through Internet Protocol Security (IPSec) -based encryption techniques and standards. Each message sent is in an encrypted form and is decrypted and converted back into plain text/original form at the recipient’s end using encryption/decryption keys.
According to the new market research report “Network Encryption – Global Market Insights and Sales Trends 2024”, published by QYResearch, the global Network Encryption market size is projected to reach USD 7.95 billion by 2029, at a CAGR of 11.1% during the forecast period.
- Global Network Encryption MarketSize(US$ Mn), 2018-2029
Source: QYResearch, “Network Encryption – Global Market Insights and Sales Trends 2024”
- Global Network EncryptionTop24 Players Ranking and Market Share（Based on data of 2021, Continually updated）
Source: QYResearch, “Network Encryption – Global Market Insights and Sales Trends 2024”
The global key manufacturers of Network Encryption include Technical Communication, Packetlight Networks, Senetas, Certes Networks, ADVA Optical, Ribbon, Atmedia, Cyber 1st, Colt Technology Services, Atos, etc. In 2021, the global top five players had a share approximately 48.0% in terms of revenue.
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