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Now days, Data security is very challenging issue that touches many areas including computers and communication. Recently, we came across many attacks on cyber security that have played with the confidentiality of the users. These attacks just broke all the security algorithms and affected the confidentiality, authentication, integrity, availability and identification of user data. Cryptography is one such way to make sure that confidentiality, authentication, integrity, availability and identification of user data can be maintained as well as security and privacy of data can be provided to the user. Encryption is the process of converting normal data or plaintext to something incomprehensible or cipher-text by applying mathematical transformations or formulae. These mathematical transformations or formulae used for encryption processes are called algorithms. We have analysed ten data encryption algorithms DES, Triple DES, RSA, AES, ECC, BLOWFISH, TWOFISH, THREEFISH, RC5 and IDEA etc. Among them DES, Triple DES, AES, RC5, BLOWFISH, TWOFISH, THREEFISH and IDEA are symmetric key cryptographic algorithms. RSA and ECC are asymmetric key cryptographic algorithms. In this paper, we have analysed various encryption algorithms on the basis of different parameters and compared them to choose the best data encryption algorithm so that we can use it in our future work.