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
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
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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