Encryption Consulting Study on Global Encryption Trends – 2023

Compare your organization’s encryption strategy with the global firm’s trend and understand the data protection strategies across multi-dimensional platform analysis.

Hear from over 4,125 experts across multiple industry sectors in various countries which include the United States, the Middle East, Spain, Germany, Japan, Hong Kong, Mexico, the United Kingdom, South Korea, and Taiwan as major targets.

The major focus of this survey is to understand the encryption strategy of various firms across industries.

Encryption has become an important part of data protection strategies over the years and evolved into a critical aspect in the security posture of firms across various sectors and industries.

Also, many of the respondents are planning to increase their budget spending on Encryption implementation across domains for protecting their sensitive data.

About 42% are confident on increasing the budget spending on Encryption in FY22-23.

Global Encryption Trends Report – 2023

Survey Trend Analysis

This year’s survey projected better awareness in the firms on encryption and their plan to adopt encryption as a core data protection technology. An interesting find is the increasing focus on the migration of sensitive data onto the cloud.


of the responding organizations are having Encryption strategy as the primary focus and it is a 17% increase when compared to the trend from FY20.


Global average adoption of enterprise encryption strategy


of the total respondents mentioned that protecting customer personal information is their top priority.


of respondents mentioned that “Data Discovery” is the major barrier for encryption adoption.


of respondents say their organizations are leveraging cloud platforms (public and/ or private) for storing & processing of their sensitive data.


of the firms store >60% of their sensitive data in Cloud platforms and protect it using encryption.

Key Focus Points

  • Encryption Strategy Adoption
  • High Level Trend Analysis
  • Future Encryption Trend
  • Deployment Options
  • Key Drivers For Encryption
  • Barriers For Adoption
  • Top Priority Encryption Features And Data Types
  • Key Management Analysis
  • High Level View On HSMs
  • Cloud Encryption
  • Future Focus: Homomorphic Encryption

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