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The global cloud encryption market is projected to witness a rapid Compound Annual Growth Rate (CAGR) of 31.8% during the forecast period, driven by the rising adoption of cloud and virtualization technologies, coupled with the increasing threat landscape of cyber-attacks and data theft. Cloud encryption, a pivotal data security method, encrypts data into unreadable ciphertext, fortifying data security within and between cloud environments. The market is further buoyed by the use of data visualization tools and advanced analytics, such as predictive analytics and big data analytics. However, the lack of awareness about cloud encryption among enterprises is a key hindrance to market growth.