Email Encryption Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-by IMARC Group Market Research Reports
According to the latest report by IMARC Group titled, “Email Encryption Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the market reached a value of US$ 2.4 Billion in 2018. Looking forward, the global email encryption market size is expected to reach US$ 6.9 Billion by 2024, exhibiting a CAGR of around 19.3% during 2019-2024.
Email encryption refers to a data security solution that protects confidential information in electronic mails from unauthorized access. Emails can easily be hacked over public or unsecured networks as they are among the most vulnerable modes of communications. Email encryption aids in securing the contents of the mail by encoding them into an unreadable format as they get transferred over networks.
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The global market is driven by the increasing utilization of cloud-based services across the globe. Small- and medium-sized organizations are adopting email encryption services to safeguard themselves from spam and phishing emails, which can result in security breaches. Furthermore, rising consumer awareness regarding cybersecurity and the availability of tools to prevent attacks through malware, viruses and other intrusions, is creating a positive impact on the market. Other factors, such as the development of flexible and scalable encryption models to provide maximum security and reduce the overall maintenance costs for the users, are projected to drive the market further.
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Key Market Segmentation:
Breakup by Encryption Type:
• End-To-End Email Encryption
• Gateway Email Encryption
• Boundary Email Encryption
• Hybrid Email Encryption
• Client Plugins
Breakup by Deployment Type:
• Cloud Based
Breakup by Component:
• Training and Education
• Support and Maintenance
Breakup by End-User:
• IT & Telecom
Breakup Organization Size:
• Small and Medium Sized Organizations
• Large Size Organizations
Breakup by Region:
• Asia Pacific
• North America
• Middle East and Africa
• Latin America
The report has also examined the competitive landscape of global email encryption market. Some of the major players in the market are Cisco Systems, Proofpoint, Symantec, Trend Micro, Zix, Cryptzone, DataMotion, Echoworx, Egress Software Technologies, Entrust, Greenview Data, HPE, McAfee, Microsoft, Sophos, Virtru, WatchGuard Technologies, etc.
Key highlights of the report:
• Market Performance
• Market Outlook
• Porter’s Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Competitive Structure
• Profiles of Key Players
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Created on Oct 18th 2019 05:21. Viewed 31 times.
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