The “Global Email Encryption Market (2021-2026) by Component, Type, Encryption Type, Deployment, Organization Size, Industry Vertical, Geography, Competitive Analysis and the Impact of COVID-19 with Ansoff Analysis” report has been added to ResearchAndMarkets.com’s offering.
The global email encryption market is estimated to be $4.7 billion in 2021 and is expected to reach $13.8 billion by 2026, growing at a CAGR of 24%.
Key factors such as the rise in the number of cyber-attacks, including email-based phishing, BEC scams, and other related data breaches, have led the organizations to huge financial losses. The rising number of malicious activities for data theft has been a prominent driver for the Global e-mail encryption market. The increasing privacy regulations mandating encryption for compliance and data safety are likely to further augment the growth of the market.
Conversely, the costs involved in the deployment of these solutions are likely to increase the total costs of the organization.
The global email encryption market is segmented further based on component, type, encryption type, deployment, organization size, industry vertical, and geography.
Competitive Quadrant
The report includes a Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.
Why buy this report?
- The report offers a comprehensive evaluation of the Global Email Encryption Market.
- The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
- The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
- The report includes in-depth market analysis using Porter’s 5 force model and the Ansoff Matrix. The impact of Covid-19 on the market is also featured in the report.
- The report also contains the competitive analysis using Competitive Quadrant, the analyst’s proprietary competitive positioning tool.
Market Dynamics
Drivers
- Growing Number of BEC scams and Rising Data Security Concern
- Stringent Government Regulation for The Data Protection
Restraints
- The High Cost of The E-mail Encryption Solutions
Opportunities
- Growing Adoption of Multi-Cloud Services
- A Surge in BYOD Policy in Enterprises
Challenges
- Issues in Encrypting Key Management and Verification
- Device Compatibility Issues and Lack of Common Standards
Companies Mentioned
- HP Development Company, L.P.
- Broadcom
- Cisco Systems, Inc.
- McAfee (Intel)
- Trend Micro
- Microsoft Corporation
- Sophos Ltd
- Proofpoint
- ZIX Corporation
- Entrust Datacard
- Micro Focus
- BAE Systems
- Mimecast
- Gemalto
- DESLock+ (ESET)
- Egress Software
- Intermedia
- Cryptzone
- Echoworx
- Paubox
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