E-mail Security Market Report and Forecast 2023-2028

According to this report, the global e-mail security market reached a value of USD 3.62 billion in 2022. Aided by growing adoption of cloud-based e-mail security by organisations and growing integration of biometric authentication, the market is projected to further grow at a CAGR of 13% between 2023 and 2028 to reach a value of USD 8.6 billion by 2028.

Email security involves the use of various techniques and technologies to protect email communication and content from unauthorized access, loss, or compromise. As email remains one of the primary communication channels for businesses and individuals, it has also become a popular target for cybercriminals. Email security solutions protect against a wide range of threats, including phishing attacks, spam emails, malware, and ransomware.

The increasing number of cyberattacks targeting email communication is a significant factor driving the e-mail security market growth. With attackers becoming more sophisticated and businesses more dependent on digital communication, the risks associated with unsecured email communications have surged.

The stringent compliance requirements imposed by governments and industry standards are also driving the adoption of email security solutions. Regulations such as the General Data Protection Regulation (GDPR) in Europe and the Health Insurance Portability and Accountability Act (HIPAA) in the US mandate strict controls over the protection of sensitive information, further propelling the e-mail security market demand.

North America holds a dominant position in the market, owing to the advanced IT infrastructure in the region, increased frequency of cyber-attacks, and strict compliance requirements. The Asia-Pacific region is expected to witness significant growth due to increasing awareness of email security and a rapidly expanding SME sector.

As per the e-mail security market analysis, with the rise of advanced threats such as spear-phishing and business email compromise (BEC), organizations are increasingly adopting multi-layered security approaches that include technologies like artificial intelligence and machine learning for predictive analysis. Furthermore, as cloud adoption continues to grow, cloud-based email security solutions are expected to gain significant traction, offering scalable and flexible protection for businesses of all sizes.

Market Segmentation

The market can be divided based on component, deployment type, end user, and region.

Market Breakup by Component

• Products
• Service

Market Breakup by Deployment Type

• On-Premises
• Cloud-Based

Market Breakup by End User

• BFSI
• Healthcare
• Government
• IT and Telecom
• Others

Market Breakup by Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Competitive Landscape

This report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global e-mail security market. Some of the major players explored in this report are as follows:

• Cisco Systems, Inc.
• SAP SE
• McAfee, LLC.
• Dell Inc.
• VADE
• Microsoft Corporation
• Musarubra US LLC
• Proofpoint, Inc.
• Gen Digital Inc.
• Others

About the Analyst

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The analyst always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.