Encryption Consulting Study on

Global Encryption Trends ‐ 2024

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

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Global Encryption Trends - 2024

Survey Trend Analysis

This year's survey projected better awareness of encryption among firms and their plan to adopt encryption as a core data protection technology. An interesting finding is the increasing focus on AI and post-quantum cryptography in the organization's data protection strategy.


of respondents are confident about augmenting their budgetary provisions for encryption in the fiscal year spanning FY23-24.


of the respondents favor the transition to quantum-resistant cryptography with careful planning and integration.


of respondents favor the approach of HSMs, entrusting a dedicated team with securing and overseeing these critical functions.


of respondents indicate their organization's intent to leverage Generative AI (GenAI) for cyber defense.


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


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 Trends

Deployment Options

Key Drivers for Encryption

Barriers to Adoption

Top Priority Encryption Features and Data Types

Key Management Analysis

High-Level View on HSMs

Cloud Encryption

Generative AI in Cybersecurity

Post Quantum Cryptography

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