Email Encryption Market – Global Opportunities & Forecast, 2020-2027

 

The market report studies the impact of COVID-19 on the market while covering many aspects of the industry such as market size, market status, emerging trends, and forecast. The report also offers a brief information of the competitors and the specific growth opportunities, along with key market drivers.

Major Players in Email Encryption Market:

The leading players in the Email Encryption Market:

·         Symantec

·         Trend Micro Incorporated

·         CISCO

·         Proofpoint, Inc.

·         Sophos Ltd.

·         Micro Focus

·         BAE Systems

·         Intermedia.net, Inc.

·         Zix Corporation

·         Virtru

Key Drivers of Email Encryption Market:

The major factors responsible for the growth of the global email encryption market in the upcoming years include the rising rate of cyber-attacks, email scams, phishing, and Business Email Compromise (BEC) scams. Corporate email accounts are hacked by BEC's rivals to trap customers or partners into transferring financial payment to the account of cybercriminals. These cybercriminals send emails from a trusted person’s account to reveal confidential data or information. In order to protect confidential information, enterprises use email encryption solutions and services, which is surging the growth of the global email encryption market.

Due to this pandemic, even the small enterprises are inclined towards working digitally as mandated by the regulatory & government to maintain social distance. The growing usage of email with home servers has increased the risk of theft. There has been an upsurge in the rate of phishing and email scams in this pandemic, owing to which the use of digital technologies such as email security, Data Loss Prevention, and email encryption has surged at a global level. Organizations have become more attentive to prevent their stored confidential data on email servers. Email encryption enables organizations to protect their resources, data, and confidential information from cyber-attacks. This raised implementation of email encryption solutions by organizations has played a vital role in the growth of the global email encryption market. On the other hand, the implementation of email encryption services to prevent data loss comes at a very high cost. This is a challenge faced by large organizations while inducing email encryption solutions to their business, which will hinder the growth of this market.

Email Encryption Market Segmentation:

The email encryption market has been segmented into the following categories:

Email Encryption Market by Type:

·         End-to-End Email Encryption

·         Gateway Email Encryption

·         Boundary Email Encryption

·         Hybrid Email Encryption

·         Client Plugins

Email Encryption Market by Component:

·         Solution

·         Services

o   Training & Education

o   Support & Maintenance

Email Encryption Market by Deployment Mode:

·         On-Premises

·         Cloud

Email Encryption Market by Organisation Size:

·         Small & Medium-Sized Enterprises

·         Large Enterprises

Email Encryption Market by Industry Vertical:

·         Banking, Financial Services & Insurance

·         Government & Defense

·         IT & Telecom

·         Energy & Utilities

·         Manufacturing

·         Retail

·         Healthcare

·         Others

Email Encryption Market by Region:

·         North America

o   United States of America

o   Canada

·         Asia Pacific

o   China

o   Japan

o   India

o   Rest of APAC

·         Europe

o   United Kingdom

o   Germany

o   France

o   Spain

o   Rest of Europe

 

·         RoW

o   Brazil

o   South Africa

o   Saudi Arabia

o   UAE

o   Rest of the world (remaining countries of the LAMEA region)

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