The solution enables IT admins to easily manage and monitor their encrypted USB devices. For instance, in January 2020, Kanguru Solutions introduced Kanguru Remote Management Console (KRMC) solution designed to meet the security desired by IT security administrators. The development of customized, highly-secure, and high-capacity USB flash devices help key players to augment their product demand. Key players are developing advanced encryption algorithms and techniques to enhance the security of flash drives. Industry specific offerings and robust security techniques adopted by key players are anticipated to endorse sophisticated market growth. Further, government data security regulations and standards expected to drive the secure electronic data storage device market. Information technology (IT) acts, e-privacy laws, general data protection regulation (GDPR), advanced encryption standards (AES) and many other electronic data security laws are likely to enhance the adoption of secure flash drives.
There are two types of encryption algorithms- hardware-based encryption and software-based encryption. Encryption algorithms provide extreme security to electronic flash drives. Employing improved storage capacity and data security by advanced encryption algorithms is escalating the growth of secure flash drive market. The compact size, cost-effectiveness, portability, user-friendliness always made USB flash drives favorable across the industry. Thus, secure or encrypted electronic data storage devices has emerged and gained excellent demand over the last decade. However, non-encrypted flash drives are vulnerable to malware and other device security threats.
Data susceptibility to breaches still demanding flash storage devices for secure data transfer.
With the emergence of cloud computing technology, demand Universal Serial Bus (USB) flash drives in data sharing had reduced unlike before.
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