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. The Email Encryption Market Report gives a complete coverage of the strategic alliances along with mergers and acquisitions, joint ventures, collaborations, product launches, brand promotions, and partnerships, amongst others. Key strategic alliances for product improvement and advancements is predicted to feature traction to market increase 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. In addition, increasing incidence of scams such as business email compromise and phishing attacks are expected to boost growth of the global email encryption market going ahead. Furthermore, increasing adoption of multi-cloud services is expected to augment global email encryption market growth in future.
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Further key findings from the report suggest
- 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 terms of revenue share, the solution segment is expected to lead over the forecast period due to rising adoption of email encryption solutions by various companies to efficiently encrypt internal and external email communications and to secure critical business data, information, and facilities.
- 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.
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Report Objective:
The report offers a complete analysis of the global Email Encryption market with details about each market player including company profile, financial standing, global position, revenue contribution, production and manufacturing capacity, business expansion plans, and new product launches. Key players are strategizing various plans such as M&A acquisition, partnerships, joint ventures, license agreement and collaborations. 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. and others are some of the top companies profiled in the report.
The report also covers the scope of individual applications and types in each region. The report also covers details about production and consumption patterns, technological developments, revenue growth, market size, market share, key trends and demands influencing market growth in the region, and robust presence of key players in the region.
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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)
- Cloud
- On-premises
Component Outlook (Revenue, USD Billion; 2018–2028)
- Services
- Solution
End-use Outlook (Revenue, USD Billion; 2018–2028)
- Manufacturing
- Healthcare
- IT & Telecom
- Retail
- Energy and Utilities
- Government
- Media & Entertainment
- BFSI
- Others
Regional segmentation comprises of a current and forecast estimation of the market in the key geographical regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
The report addresses the following key points:
- The report provides a forecast of market drivers, restraints, and future opportunities for the Email Encryption market
- The report further analyses the changing market dynamics
- Regional analysis and segmentation of the market with analysis of the regions and segments expected to dominate the market growth
- Extensive competitive landscape mapping with profiles of the key competitors
- In-depth analysis of business strategies and collaborations such as mergers and acquisitions adopted by the key companies
- Revenue forecast, country scope, application insights, and product insights
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