26 Apr
2016
Encryption software is a software that encrypts files and data for security purposes. The software uses a key or a password to secure data. It helps in securing privileged information shared as an email attachment or through USB. Encrypted text is known as cipher text. Known human languages are incapable to access this sensitive information, because readable text is converted into cipher text using a software program. In the first step, a mathematical logic or an algorithm is used to convert readable text into encrypted format. In the next step, decryption is needed to read the file.
In ancient times, Scytale, consisting of a piece of parchment paper wrapped around cylinder of specific diameter was used. Recipient needed to unwrap parchment around the cylinder with similar diameter. The encrypted text was read while unwrapping the parchment. In this method, the diameter of the cylinder was the key. Another method for encryption was known as Ceasar cipher. In this method, number of places were shifted on either direction, left or right side. The decryption was possible only when a recipient knew the direction and the number of shifts.
Specialized programs are entering in the market that ensure security for emails, files, and data. Some of the software programs need same software on recipient’s side to decrypt; while some software programs allow other software programs to decrypt. This is beneficial while sending a file through email. There are two types of keys are used – symmetric keys and asymmetric keys. In symmetric key method, sender and recipient use same keys on both sides to decrypt data. On the other hand, in asymmetric key method, both of them use different keys on their sides to decrypt data.
When a single user intends to decrypt a single file or multiple files using a key or password, then it is known as a single user file. Only one user is allowed by software to access and modify information by accessing the file through key.
When multiple users with a key or a password are encrypting a file, then it is known as multi user file. The software uses multiple keys or a shared key to provide access to multiple users.
Encryption in database is done in two ways. An information is encrypted before putting into the database, and the other way involves encryption application that encrypts information at the same time it is written or read.
Analysts studying the market have revealed an extensive information and data about changing market trends in research reports. Allied Market Research has published a report titled, “World Encryption Software Market - Opportunities and Forecasts, 2014 - 2021.” As per the report, the market is estimated to register a CAGR of 14.2% from 2016 to 2021 and likely to reach $2.5 billion by 2021. The report offers a comprehensive analysis of drivers & opportunities, market segmentation, manufacturers analysis, and competitive scenario. Furthermore, the study provides estimations through 2015 to 2020 for each segment, SWOT analysis, and Porter’s Five Forces analysis.
Akhilesh Prabhugaonkar
Author's Bio- Akhilesh Prabhugaonkar holds a bachelors degree in Electronics Engineering from the reputed Vishwakarma Institute of Technology. He has a special interest in the fields of forensics, world history, international relations and foreign policy, sports, agriculture, astronomy, security, and oceanography. An ardent bibliophile and melophile, Akhilesh loves to write on topics of his interest and various other societal issues. This love for writing made him enter the professional world of content writing and pursue his career in this direction.
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