Industry Background:
Email security is a process adopted by an organization or individual to secure its email content and access to email accounts from cyber-attacks, virus, spam, denial of service and other malicious software’s. There are various techniques available for email security such as the digital signing of email messages, strong passwords, spam filters, and desktop-based antivirus or anti-spam applications. Increasing adoption of cloud-based solutions will help to boost global email security market.
According to AMA Research, the market for Email Security is expected to register a CAGR of 12.9% during the forecast period to 2030. This growth is primarily driven by High Demand For Converged Security Solutions
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Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Volume Unit | N |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Internet Software & Services sector in the North America region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as Cisco Systems, Inc. (United States), Dell Inc. (United States), Fortinet (United States), Mcafee, Inc. (United States), Symantec Corporation (United States), Apptix (United States), Microsoft Corporation (United States), Mimecast (United Kingdom), SAP SE (Germany) and Proofpoint Inc. (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In 2021, HelpSystems, LLC, a key player in the email security market, has acquired Agari to detect and defend against fraudulent business emails and use data science and cloud computing services to combat email attacks to provide customers with a better customer experience. and In 2020, Mimecast, a key player in the email security market, modified Mimecast's email security by acquiring email and messaging security provider Message Control. This acquisition protects against threats to both companies.
In 2020, Micro Focus introduces the Voltage SmartCipher. This offering provides secure file encryption and improved privacy compliance across collaboration platforms such as email/cloud hosted environments., On 16th April 2018, Cisco has launched New Email Security Services to More Effectively Prevent Phishing and Spoofing Attacks and On 5th February 2018, Cisco, Apple, Aon and Allianz has announced a new cyber risk management solution for businesses, comprised of cyber resilience evaluation services from Aon, the most secure technology from Cisco and Apple, and options for improved cyber insurance coverage from Allianz. It is designed to help wider range of enterprises better manage and defend themselves from cyber risk associated with ransomware and other malware-related threats.
Influencing Trend:
Increasing Adoption of Cloud-Based Solutions and Rise in Business Email Compromise Scams and Spear Phishing
Market Growth Drivers:
High Demand For Converged Security Solutions, Growth and Innovation Cyber Threats and Mandate To Comply With Data Protection Directives
Challenges:
Availability of Open Source Solutions and Requirement of Key Management and Verification Solutions for Encrypting Keys
Restraints:
High Cost of Email Security Solutions and Increased Vulnerability Due To BYOD
Opportunities:
Growing Adoption of Multi-Cloud Service
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Email Security Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Email Security Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols:
By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Email Security players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Email Security Study Sheds Light on
The Email Security Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Email Security industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Email Security industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.