Cloud Email Security Market Scope
Cyberattacks have become more targeted, persistent, and technologically advanced. The traditional techniques, thus fall short of providing adequate data protection. Thus, email security is gaining much more importance. There are many threats to the security of email communication. Programs involving malware, viruses, worms, Trojans, and spyware, can intercept emails. Denial of Service (DoS) attacks threatens the ability of email systems to function properly and carry essential business communication. In the current cyber environment, technologists face challenges in creating flexible solutions to meet companies’ security and operational needs.
According to AMA, the Global Cloud Email Security market is expected to see growth rate of 8.6%
The global cloud-based email security market is highly concentrated due to fewer players occupying the larger market share. The new players are trying to penetrate the established market. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Cloud Email Security market throughout the predicted period.
Cisco Systems Inc.(United States), Proofpoint Inc.(United States), Trend Micro Inc. (Japan), Fortinet Inc.(United States), Forcepoint LLC(United States), Broadcom Inc. (Symantec Corporation)(United States), Mimecast Inc. (South Africa), Sophos Group PLC (United Kingdom), Dell Technologies Inc. (United States) and FireEye Inc. (United States) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
The study have segmented the market of Global Cloud Email Security market by Type (Public, Private and Hybrid) and Region with country level break-up.
On the basis of geography, the market of Cloud Email Security has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
April 2019 - Trend Micro announced enhancements to its Deep Security and Cloud App Security products designed to extend protection to virtual machines on the Google Cloud Platform, Kubernetes platform protection, container image scanning integration with the Google Kubernetes Engine (GKE) and Gmail on the G Suite.
Market Trend
- Factors, such as the need for reducing onsite datacenter footprints and cost savings, coupled with increasing incidences of spam, viruses, inappropriate content through email, and flexible deployment options, are spurring the market growth.
Market Drivers
- The growing penetration level of the Internet
- The shift towards digitization of the internal processes have been a few instrumental
- Increasing Adoption of Internet of Things (IoT) Technology
- Reduced Capital Expenses and Faster Deployment
Opportunities
- The increasing penetration of cloud-based services in enterprises, coupled with the increasing number of cyber-attacks and the sophistication of malware, spam, and phishing attacks occurring across the world
Restraints
- Lack of Technical Expertise
- Risk of Information Loss
Challenges
- The Concern Related to Complexities in the Solutions
Key Target Audience
Government Regulatory Bodies, Private Research Organization, Government Research Organization and Others