Industry Background:
Email encryption software is known as an essential tool for protecting your most sensitive information. Employees many times use email to share valuable data like customer lists, financial data, intellectual property, and business plans with colleagues. Email encryption software is used for protecting that critical information from theft or accidental loss that could expose the organization to fines, legal trouble, and loss of customer trust. The market of the email encryption software is expanding due to the increasing variety and volume of business data generated from various sources, while there are some complexities in the management of encryption keys
This growth is primarily driven by Evolving regulatory landscape, Increasing variety and volume of business data generated from various sources and Increasing cyber-attacks.
Globally, a noticeable market trend is evident Commoditization of e-mail security technologies
. 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 Virtru (United States), PKWare (United States), StartMail (United States), Sendinc (United States), Vaporstream (United States), HPE Software (United States), Digital Guardian (United States), Symantec Email Encryption (United States) and Trend Micro (Japan) 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:
Micro Focus completes merger with HPE software business, creating one of world’s largest pure-play software companies
Hewlett Packard Enterprise extends composable strategy with new capabilities to accelerate customer innovation
Market Drivers
- Evolving regulatory landscape
- Increasing variety and volume of business data generated from various sources
- Increasing cyber-attacks
Market Trend
- Commoditization of e-mail security technologies
- Centralization of e-mail security technologies in appliances
Restraints
- Lack of data security awareness, and low data security budget and higher installation cost
- Lack of budget for adopting best-in-class encryption solutions
- Lack of awareness about encryption and performance concerns among enterprises
Opportunities
Growing demand for third-party managed security services and growing adoption among small and medium-sized enterprises (SMEs) and Surge in demand for integrated, cloud-based encryption solutions among SMEs
Challenges
security towards webmail, Complexities in management of encryption keys and Lack of skilled workforce among enterprises
AMA Research follow 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 mostly 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 showcase the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include 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 Encryption Software Study Sheds Light on
The Email Encryption Software Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Email Encryption Software industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Email Encryption Software industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey 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 value they currently claim, or capture the new addressable opportunity.