Email Security Market Growth Forecast 2020-2027
Email Security Market Overview
The email has become one of the primary modes of official
communication; this necessitates the implementation of security measures, this
encouraging the email security market 2020. The ICT industry reports are
produced by Market Research Future, which highlights market options for
expansion. An income level of USD 6.8 billion by 2025 is estimated to
register a 16.2% CAGR in the coming period.
The creation of robust security infrastructure is
estimated to further improve the demand in the Email Security
Market globally. The upsurge in the implementation of BYOD is
estimated to benefit the email security market in the forthcoming period.
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Segmental Analysis
The segmental insight into the email security market is
carried out on the basis of component, type, organization size, deployment, and
industry vertical. On the basis of deployment types, the email security market
has been divided into cloud and on-premise. Based on the industry vertical, the
email security market has been segmented into manufacturing, government,
retail, IT& telecom, BFSI, healthcare, and energy & utilities. Based on
the types, the email security market has been segmented end-to-end email
encryption, into boundary email encryption, hybrid email encryption, gateway
email encryption, and client plug-ins. On the basis of component, the email
security market has been bifurcated into solutions and services. Based on the
service, the email security market has been divided into training &
education and support & maintenance. Based on the organization size, the
email security market has been segmented into small, medium enterprise, and
large enterprises.
Detailed Regional Analysis
The regional examination of the email security market
includes regions such as North America, the Middle East, Europe, Asia Pacific,
South America and Africa. The market in North America is controlling the email
security market owing to the incidence of early adopters of the latest
technology in this region. The market players are using a variety of strategies
such as innovative product creation, product improvement to maintain in the
market stake. Additionally, the mounting implementation of BYOD and expanding
fraud activities in the organization is an added factor motivating the
augmentation of the email security market. The region of Asia Pacific is
anticipated to achieve the highest CAGR in the email security market in the
forecast period owing to the implementation of email encryption solutions in a
variety of verticals, such as BFSI and healthcare. Besides, the increasing
number of SMEs in nations such as India and China are enforcing email
encryption solutions for data security and complying with the requirements.
Competitive Analysis
The market is in a state of flux due to the rapid and
severe changes in the global economy. The market players are taking the steps
that are necessary to ensure that the market survives the turbulent period and
emerge recovered in the future. The fortification of the human resource is
estimated to be the critical point being addressed in these times of
uncertainty. The rebooting of manufacturing activities is another strategic
aspect that is being emphasized to ensure that the supply of the end product can
be reasonably ensured to the users in the market. The support of the
administration in countries around the world is estimated to have a significant
impact on the development of the market in the upcoming period. The revamping
of distribution channels is also expected in the coming years with a particular
focus on using robots for the logistic function on a larger scale than before.
The distinguished contenders in the email security market
are Dell, Inc (US), Egress Software (UK), Fortinet (US), Appriver (US),
FireEye, Inc., McAfee, Inc (US), Apptix (US), Microsoft Corporation (US),
Mimicast (UK), SAP SE (US), BAE Systems (UK), Symantec Corporation (US), Sophos
(UK), Cisco Systems, Inc (US), Entrust Datacard (US), and Cryptzone (US).
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