About Encrypt Email Messages
Encrypting email messages involves hiding the content of emails so that potentially sensitive information is not read by someone other than the intended recipients. Authentication is sometimes used in email encryption. It also lets you add a digital signature to any email you send, regardless of whether the recipient has encryption software or not. It also adds a digital signature to any email you send, regardless of whether the recipient has encryption software or not. This will allow business contacts, customers, and peers to quickly decide whether or not an email is genuinely from the authenticated person. The growing use of cloud-based services, as well as growing concerns regarding data protection, are pushing up encryption demand in the industry.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products, and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Encrypt Email Messages market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
HP (United States), DataMotion, Inc. (United States), Proofpoint (United States), EdgeWave, Inc. (United States), Trend Micro, Inc.(Japan), Cyxtera Technologies, Inc. (United States), Symantec Corporation (United States), Sophos Group plc (United Kingdom), Zix Corporation (United States) and LuxSci (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Virtru (United States) and Echoworx (Canada).
Segmentation Overview
AMA Research has segmented the market of Global Encrypt Email Messages market by Type (SMTP STARTTLS, S/MIME and PGP), Application (Financial Services, Energy, Government, Education and Healthcare) and Region.
On the basis of geography, the market of Encrypt Email Messages 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). If we see Market by Encryption Type, the sub-segment i.e. End-To-End Email Encryption will boost the Encrypt Email Messages market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Component, the sub-segment i.e. Solutions will boost the Encrypt Email Messages market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Deployment Model, the sub-segment i.e. On-Premises will boost the Encrypt Email Messages market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Government Regulations Related to Data Privacy and Security
Market Growth Drivers:
Increasing Data Security Concern and High Use of Encryption Solutions from Financial Service Provider
Challenges:
The Requirement of Verification Solutions for Encryption
Restraints:
High Cost of Encryption Solutions
Opportunities:
Increasing Adoption of Cloud-based Services and Growth in IT and Telecom Sector in both Developed and Developing Countries
Market Leaders and their expansionary development strategies
In November 2023, Retarus has made its new User Synchronization for Encryption (USE) service available to their customers. The service is an integral component of Retarus’ Email Encryption solution and enables IT security managers to automate numerous tasks, saving time as well as money.
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Encryption Software Provider, Information Technology Industry, Research and Development Organisation, Government Regulatory and Research Organizations and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.