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Email Encryption Market Report: Trends, Forecast and Competitive Analysis to 2030

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    Report

  • 150 Pages
  • January 2024
  • Region: Global
  • Lucintel
  • ID: 5929534

Email Encryption Trends and Forecast

The future of the global email encryption market looks promising with opportunities in the BFSI, retail, healthcare, IT & telecom, and manufacturing markets. The global email encryption market is expected to reach an estimated $24.14 billion by 2030 with a CAGR of 22.0% from 2024 to 2030. The major drivers for this market are growing need for secure forms of communication, acceleration of rate of developing new solutions, and An rise in BEC thefts, spear-phishing instances, and email data leaks.

Email Encryption by Segment

The study includes a forecast for the global email encryption by component, deployment, end use industry, and region.

Email Encryption Market by Component [Shipment Analysis by Value from 2018 to 2030]

  • Solution
  • Services

Email Encryption Market by Deployment [Shipment Analysis by Value from 2018 to 2030]

  • Cloud
  • On-Premises

Email Encryption Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]

  • BFSI
  • Retail
  • Healthcare
  • IT & Telecom
  • Manufacturing
  • Others

Email Encryption Market by Region [Shipment Analysis by Value from 2018 to 2030]

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World

List of Email Encryption Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies email encryption companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the email encryption companies profiled in this report include-
  • Symantec
  • Sophos
  • Micro Focus
  • Cisco Systems
  • Proofpoint
  • BAE Systems
  • ZIX
  • Entrust Datacard
  • Mimecast
  • Trend Micro

Email Encryption Market Insights

The publisher forecasts that cloud will remain the largest segment over the forecast period due to savings over an extended period.

Within this market, BFSI will remain the largest segment due to it manages a substantial amount of confidential and sensitive financial data.

North America will remain the largest region over the forecast period due to early embrace of email encryption and the presence of numerous providers offering email encryption solutions.

Features of the Global Email Encryption Market

  • Market Size Estimates: Email encryption market size estimation in terms of value ($B).
  • Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
  • Segmentation Analysis: Email encryption market size by component, deployment, end use industry, and region in terms of value ($B).
  • Regional Analysis: Email encryption market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
  • Growth Opportunities: Analysis of growth opportunities in different component, deployment, end use industry, and regions for the email encryption market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape of the email encryption market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the email encryption market size?
Answer: The global email encryption market is expected to reach an estimated $24.14 billion by 2030.

Q2. What is the growth forecast for email encryption market?
Answer: The global email encryption market is expected to grow with a CAGR of 22.0% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the email encryption market?
Answer: The major drivers for this market are growing need for secure forms of communication, acceleration of rate of developing new solutions, and An rise in BEC thefts, spear-phishing instances, and email data leaks.

Q4. What are the major segments for email encryption market?
Answer: The future of the email encryption market looks promising with opportunities in the BFSI, retail, healthcare, IT & telecom, and manufacturing markets.

Q5. Who are the key email encryption market companies?
Answer: Some of the key email encryption companies are as follows:
  • Symantec
  • Sophos
  • Micro Focus
  • Cisco Systems
  • Proofpoint
  • BAE Systems
  • ZIX
  • Entrust Datacard
  • Mimecast
  • Trend Micro
Q6. Which email encryption market segment will be the largest in future?
Answer: The publisher forecasts that cloud will remain the largest segment over the forecast period due to savings over an extended period.

Q7. In email encryption market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to early embrace of email encryption and the presence of numerous providers offering email encryption solutions.

Q.8 Do we receive customization in this report?
Answer: Yes,the publisher provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the email encryption market by component (solution and services), deployment (cloud and on-premises), end use industry (BFSI, retail, healthcare, IT & telecom, manufacturing, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?


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Table of Contents

1. Executive Summary
2. Global Email Encryption Market: Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Email Encryption Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Email Encryption Market by Component
3.3.1: Solution
3.3.2: Services
3.4: Global Email Encryption Market by Deployment
3.4.1: Cloud
3.4.2: On-Premises
3.5: Global Email Encryption Market by End Use Industry
3.5.1: BFSI
3.5.2: Retail
3.5.3: Healthcare
3.5.4: IT & Telecom
3.5.5: Manufacturing
3.5.6: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Email Encryption Market by Region
4.2: North American Email Encryption Market
4.2.1: North American Email Encryption Market by End Use Industry: BFSI, Retail, Healthcare, IT & Telecom, Manufacturing, and Others
4.3: European Email Encryption Market
4.3.1: European Email Encryption Market by Deployment: Cloud and On-Premises
4.3.2: European Email Encryption Market by End Use Industry: BFSI, Retail, Healthcare, IT & Telecom, Manufacturing, and Others
4.4: APAC Email Encryption Market
4.4.1: APAC Email Encryption Market by Deployment: Cloud and On-Premises
4.4.2: APAC Email Encryption Market by End Use Industry: BFSI, Retail, Healthcare, IT & Telecom, Manufacturing, and Others
4.5: ROW Email Encryption Market
4.5.1: ROW Email Encryption Market by Deployment: Cloud and On-Premises
4.5.2: ROW Email Encryption Market by End Use Industry: BFSI, Retail, Healthcare, IT & Telecom, Manufacturing, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Email Encryption Market by Component
6.1.2: Growth Opportunities for the Global Email Encryption Market by Deployment
6.1.3: Growth Opportunities for the Global Email Encryption Market by End Use Industry
6.1.4: Growth Opportunities for the Global Email Encryption Market by Region
6.2: Emerging Trends in the Global Email Encryption Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Email Encryption Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Email Encryption Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Symantec
7.2: Sophos
7.3: Micro Focus
7.4: Cisco Systems
7.5: Proofpoint
7.6: BAE Systems
7.7: ZIX
7.8: Entrust Datacard
7.9: Mimecast
7.10: Trend Micro

Companies Mentioned

  • Symantec
  • Sophos
  • Micro Focus
  • Cisco Systems
  • Proofpoint
  • BAE Systems
  • ZIX

Methodology

The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:

  • In-depth interviews of the major players in the market
  • Detailed secondary research from competitors’ financial statements and published data
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.

Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.

Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.

 

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