Email Encryption Market Size – USD 3.36 Billion in 2020, Market Growth – at a CAGR of 24.3%, Market Trends – Increasing adoption of multi-cloud services
The report clearly defines the Email Encryption market position on a global level. The detailed insights into the market’s geographical spectrum offered by the report make it an excellent source of knowledge about the Email Encryption industry.
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.
The Global Email Encryption Market report assesses the historical and current data along with a thorough analysis of the market dynamics. The report also sheds light on the significant market growth driving and restraining factors that are anticipated to influence the market growth through the forecast period.
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Key Market Dynamics: The global Email Encryption market research report details on the ongoing market trends, development outlines, and several research methodologies. It illustrates the key factors that directly manipulate the market, for instance, production strategies, development platforms, and product portfolio. According to our researchers, even minor changes within the product profiles could result in huge disruptions to the above-mentioned factors. Each of these factors has been elaborately discussed in the initial segment of the study.
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Some Key Highlights in the Report
- 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.
- Factors such as increasing adoption of email encryption solutions across various sectors, including healthcare, BFSI, and IT & telecom, due to stringent regulations and need for compliance in countries in North America are expected to drive growth of the market in the region during the forecast period.
- Key players in the market include 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.
The findings of the report explain various aspects of the market, such as market status, developmental prospects, key regional segments, renowned market players, product offerings, end-use industries.
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Geographical Terrain of the Global Email Encryption Market:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
The global Email Encryption market is segmented based on product types offered in the market, their applications, end-user industries, different types of technologies, and key regions of the market.
- 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
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Key Questions You Asked:
- What is the growth rate of the Email Encryption market? What is the anticipated market valuation of the Email Encryption industry by 2028?
- What are the key growth driving and restraining factors of the Email Encryption market?
- Who are the prominent players operating in the market? What are the key strategies adopted by these companies?
- What are the key opportunities and growth prospects of the Email Encryption industry over the forecast period?
- Which region is expected to show significant growth in the coming years?
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