Market Scenario:
The Email Security Market is anticipated to grow by US 11.3 billion by 2030 rapidly growing at a CAGR of 13.1% during the forecast period 2020–2030. The global email security market is driven by growing adoption of BYOD and increasing number of cyber threats. These factors have helped shape the email security market and are expected to boost the growth. Companies in the email security market could also face challenges such as inability to integrate email security solutions and poor security infrastructure. The details covered in the email security market report cover all the aspects of the industry. Email security market analysts have also shared growth projections in the report and have suggested email security market players to plan growth strategies accordingly.
Competitive Outlook:
The email security market is supported by the easy availability of trained IT security teams and mergers and acquisitions among key players. The population growth around the world and increasing demand of email security market based services and products also support the market growth. However, the email security market growth can be affected due to complex integration solutions and rising cost of maintenance of infrastructure coupled with lack of awareness. The report covers all such details which will help companies in the email security market to strengthen their business plan and improve their product portfolio. The email security market research report also provides company profiles of major companies. The company profile of organizations operating in the email security market discusses strategies, growth plans, size, revenue, and mergers and acquisition details of top companies in the email security market. New entrants and established players can plan their strategies based on this data provided in the email security market research report.
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Segmentation:
The global email security market has been segmented based on component, type, organization size, deployment, and industry vertical. On the basis of components, the market for email security is segmented based on services and solutions. The former is further segmented into training & education and support & maintenance. Additionally, the market on the basis of organization size, is segmented into SMEs and enterprise. The global market for email security is also covered based on the deployment segment which is further split into cloud and on-premise. On the basis of type, the market for email security is segmented based on end-to-end email encryption, boundary email encryption,gateway email encryption, client plugins and hybrid email encryption. The market on the basis of vertical is segmented into government, BFSI, healthcare, IT & telecom, manufacturing, retail, and energy & utilities.
Factors like increasing ransomware attacks and growing need for business data protection, support the email security market growth. The performance of the email security market has also been studied for the past and current years. Additionally, the email security market report provides analysis of these segments. The email security market segmental analysis provided in the report offers major details about the email security market performance and future.
Regional Analysis:
Companies in the email security market are spread across the world. The email security market report provides major information about regional markets of North America, Europe, Asia-Pacific (APAC), and the rest of the world. The North American email security market has many companies across the United States, Canada, and Mexico. Europe has companies in the email security market across Germany, France, Spain, Italy, and the United Kingdom. A detailed analysis of the email security market across India, China, and Japan in the Asia-Pacific region is also presented in the report. The email security market of the Middle East, Africa, and other regions has also been studied by analysts. The regional analysis of the email security market can be found in the market research report.
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Email Security trends
- Email Security is an important aspect of cybersecurity and it’s constantly evolving to keep up with the ever-changing threats landscape. Here are some of the recent trends in Email Security:
- Rise in Ransomware Attacks: Ransomware has become the most pressing email security threat with its capability to encrypt victims data and demand ransom in return for the decryption key. This is driving the adoption of advanced email security solutions that employ machine learning algorithms and artificial intelligence to detect ransomware attacks.
- Increase in Phishing Attacks: Phishing remains a serious threat to email security, and attackers are becoming more sophisticated in their techniques. Many organizations are adopting multi-factor authentication (MFA) and similar approaches to protect against phishing attacks.
- Emphasis on User Education: While technology solutions can help mitigate the risk of email security threats, educating users on how to detect and avoid such threats is equally important. Organizations are placing a greater emphasis on user awareness and training programs to create a security-savvy culture within their workforce.
- Remote Workforce challenges: With the adoption of remote working, email security has become more difficult to manage as workers access their emails from outside the office network. This is leading to increased adoption of cloud-based email security solutions that can provide security protection regardless of where employees are working from.
- Integration with CASB: Cloud Access Security Brokers (CASB) are becoming more integrated with email security solutions, making them more effective in identifying and preventing email-based threats.
Industry News
Easy, the Portland-based, seattle-based online banking firm is shut down since the banking giant BBVA USA has been sold. The business was founded in 2009 and moved to Portland in 2011 and has become one of the leading technical startups in Portland. Simple opened its office in Seattle in 2017, collaborating with employees in infrastructure, marketing and other positions, in the Pioneer Square district.
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