Email Encryption Market Size, Share, Growth, Analysis, Trend, and Forecast Research Report by 2027
The global email encryption market size reached USD 3.36 Billion in 2020 and is expected to register a CAGR of 24.3%, during the forecast period, according to latest analysis by Emergen Research. Increasing deployment of on-premises-based email encryption solutions across various sectors to enable better data security is expected to boost revenue growth of this segment going ahead. Increasing need to safeguard confidential information in organizations is expected to drive revenue growth of the global email encryption market during the forecast period. On-premises segment revenue is expected to expand at a significantly fast CAGR during the forecast period. Increasing deployment of on-premises-based email encryption solutions across various sectors to enable better data security is expected to boost revenue growth of this segment going ahead. In January 2019, Appriver, LLC, which is a cloud-based cybersecurity solution vendor, was acquired by Zix Corporation. This acquisition will enable Zix Corporation to expand its email security product offerings.
Increasing need to protect confidential information in organizations and growing scams such as business email compromise and phishing attacks are some key factors driving global email encryption market growth .Factors such as increasing adoption of email encryption solutions across various sectors, including healthcare, BFSI, and IT & telecom, due to stringent regulations and need for compliance in countries in North America are expected to drive growth of the market in the region during the forecast period. Increasing need to safeguard confidential information in organizations is expected to drive revenue growth of the global email encryption market during the forecast period.
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The report also covers changing trends and market dynamics due to the pandemic and provides an accurate impact analysis of the crisis on the overall market. The segmentation included in the report is beneficial for readers to capitalize on the selection of appropriate segments for the Email Encryption sector and can help companies in deciphering the optimum business move to reach their desired business goals. email encryption Market Size – USD 3.36 Billion in 2020, Market Growth – at a CAGR of 24.3%, Market Trends – Increasing adoption of multi-cloud services. Increasing adoption of email encryption solutions in the BFSI industry is expected to drive revenue growth of the BFSI segment, which is expected to lead in terms of revenue contribution to the global email encryption market during the forecast period.
Key players in the market include Cisco Systems, Inc., Micro Focus International plc, Trend Micro Inc., Sophos Group plc, Norton LifeLock Inc., BAE Systems plc, Zix Corporation, Proofpoint, Inc., and Mimecast Limited, Echoworx.
Emergen Research has segmented the global email encryption market on the basis of deployment, component, end-use, and region:
Deployment Outlook (Revenue, USD Billion; 2018–2028)
Component Outlook (Revenue, USD Billion; 2018–2028)
End-use Outlook (Revenue, USD Billion; 2018–2028)
IT & Telecom
Energy and Utilities
Media & Entertainment
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Unfolding the prime factors prompting global market growth:
The study offers an in-depth analysis of the product outlook, which depicts the latest production growth trends and profit valuation. It further fragments the global Email Encryption market into a broad product spectrum.
The study covers essential data related to these products’ application landscape, the demand for and market share held by each application type, and their growth rate analysis over the estimated period.
A detailed description of the distribution channels, including distributors, producers, and buyers, is one of the report’s key market highlights.
Key Points of Email Encryption Market:
Key insights into the regional spread of the industry in key geographies
Radical insights into the vital market trends; both current and emerging trends, and factors influencing the growth of the market
Comprehensive coverage of the impact of the COVID-19 pandemic on the overall growth of the Email Encryption market
Complete data about the key manufacturers and vendors in the Email Encryption market
Chapter 1: Methodology & Scope
- Definition and forecast parameters
- Methodology and forecast parameters
- Data Sources
- Business trends
- Regional trends
- Product trends
- End-use trends
- Industry segmentation
- Industry landscape
- Vendor matrix
- Technological and innovation landscape
- Business Overview
- Financial Data
- Product Landscape
- Strategic Outlook
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