As per the report by MarketsandMarkets, the global Email Encryption Market size is projected to reach USD 11.8 billion by 2026, at a CAGR of 23.1% during the forecast period, 2020-2026

Chicago, May 30, 2023 (GLOBE NEWSWIRE) -- The global Email Encryption Market size is projected to grow from USD 3.4 billion in 2020 to USD 11.8 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 23.1% during the forecast period, according to a new report by MarketsandMarkets™. Major driving factors for the market include rise in BEC scams and spear phishing, growing number of email users globally, high demand for cloud-based email encryption services, and mandate to comply with data protection directives.
Browse in-depth TOC on "Email Encryption Market"

349 - Tables
79 - Figures
317 - Pages

Download Report Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=182623205

Scope of the Report

This report's scope covers the Email Encryption Market by type, component, organization size, deployment mode, vertical, and regions. Moreover, this study analyzes the Email Encryption Market based on contemporary trends and developments, and its potential growth from 2020 to 2026. It provides detailed trends, vendors’ shares, size, forecast, and analysis of key players in the market.

Based on regions, the Email Encryption Market in Asia Pacific (APAC) is projected to grow at the highest CAGR during the forecast period. APAC countries are increasingly investing in email encryption projects. The region comprises emerging economies, such as ANZ, China, Japan, and Singapore. With the proliferation of advanced technologies in the APAC region, security and fraud concerns have risen. APAC is expected to invest more in security due to the increasing threat of spear phishing, malware, ransomware, and BEC attacks. Enterprises in the APAC region are embracing email encryption technologies. Currently, countries in the region are flooded with numerous enterprises that employ more than 70% of the population. Companies operating in APAC would benefit from the flexible economic conditions, industrialization-motivated policies, political transformation, and the growing digitalization, which is expected to have a significant impact on the business community and drive the Email Encryption Market growth.

Inquire Before Buying @ https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=182623205

Based on component, the Email Encryption Market is segmented into solutions and services. The solutions segment is estimated to have the largest market size, while the services segment is expected to witness high market growth. Advanced technologies including ML and AI technologies are being implemented to develop various email encryption solutions and services to aid the growth of the market. Email encryption involves encryption of email messages to protect potentially sensitive information from being read by intended recipients. The email encryption solutions and services are designed to offer complete support and remediation across email network on premises or the cloud. As the adoption of the email encryption increases, the demand for email encrypton solutions and services is also expected to soar.

Key and innovative vendors in the Email Encryption Market include Micro Focus (UK), Broadcom (US), Cisco (US), Trend Micro (Japan), Sophos (UK), Proofpoint (US), BAE Systems (UK), Zix (US), Entrust Datacard (US), Mimecast (UK), Egress Software (UK), ProtonMail (Switzerland), Trustifi (US), Barracuda Networks (US), Intemedia (US), Clearswift (UK), Virtru (US), Echoworx (Canada), NeoCertified (US), Deltagon (Finland), DeliverySlip (US), Hornetsecurity (Germany), Datamotion (US), Virtru (US), Smarsh (US), Retarus (Germany), Lux Sci (US), Cryptzone (US), SecureAge Technology (Singapore), Paubox (US), Sendinc (US), and Frama (Denmark).

Frequently Asked Questions (FAQ)

What is the projected market value of the global email encryption market?

The global email encryption market size is projected to grow from USD 3,406 million in 2020 to USD 11,880 million by 2026, at a Compound Annual Growth Rate (CAGR) of 23.1% during the forecast period.

Which region has the highest market share in the email encryption market?

North America is estimated to hold the highest market share in the email encryption market.

Browse Adjacent Markets: Information Security Market Research Reports & Consulting

Browse Other Reports:

Digital Signature Market - Global Forecast to 2027

Cyber Security Market - Global Forecast to 2027

Multi-Factor Authentication Market - Global Forecast to 2027

SOC as a Service Market - Global Forecast to 2027

Cloud Data Security Market - Global Forecast to 2027

About MarketsandMarkets™

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com