The banking sector operates on trust, and encryption software plays a pivotal role in maintaining that trust. With the market for banking encryption software valued at USD 11.3 billion in 2023, and projected to surpass USD 19.9 billion by 2030 at a CAGR of 8.5% (2024–2030), this industry is buzzing with innovation and growth. But what exactly is driving...

The global banking encryption software market size is expected to reach USD 5.03 billion by 2030, registering a CAGR of 13.8% from 2025 to 2030, according to a new report by Grand View Research, Inc. The growing need for modern security solutions worldwide is anticipated to drive the growth of the industry. In addition, the rising incidences of cyber-attacks also bode well for...