DUBLIN--(BUSINESS WIRE)--The "Email Encryption Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024" report has been added to ResearchAndMarkets.com's offering.
The publisher expects the market to reach a value of US$ 6.9 Billion by 2024, registering a CAGR of 19.3% during 2019-2024
The global email encryption market reached a value of US$ 2.4 Billion in 2018. Email encryption refers to the authentication mechanism of encoding and disguising the contents of an email to protect it from unauthorized access. Email is an extremely vulnerable mode of communication that can be hacked over unsecured or public networks. Encryption is one of the primary data security solutions in the present times. It secures the contents of the email by making them unreadable as they get transferred over networks. The methodology primarily depends on cryptography wherein the user publishes a key to decrypt the message. Email encryption is an essential tool for both organizations and individuals as it prevents the access of important and confidential data by unintended users.
The rising demand for cloud-based services along with increasing data security concerns and privacy regulations is the key factor driving the growth of the market. Furthermore, frequent instances of phishing and spam emails are also positively influencing the market. With a significant increase in the usage of email services by corporate organizations and individuals, the probability of unauthorized and unidentified sources accessing the content has increased. This has encouraged consumers to implement email encryption to secure their sensitive data against losses and manipulation. Additionally, it also prevents cyber threats and attacks through malware, spam, viruses, Business Email Compromise (BEC) and other intrusions that expose sensitive enterprise information.
Moreover, the thriving banking, financial services, and insurance (BFSI) and healthcare industries are also driving the market growth. The organizations within these industries now store their data on the cloud and operate on the pay-per-use model of the encryption service. This provides flexibility and scalability to accommodate the diverse needs of organizations and reduces the dependence on the internal IT personnel along with licensing and maintenance costs for the user.
Key Questions Answered in This Report:
- How has the global email encryption market performed so far and how will it perform in the coming years?
- What are the key regional markets in the global email encryption industry?
- What is the breakup of the market based on the encryption type?
- What is the breakup of the market based on the deployment type?
- What is the breakup of the market based on the component?
- What is the breakup of the market based on the end-user?
- What is the breakup of the market based on the organization size?
- What are the various stages in the value chain of the global email encryption industry?
- What are the key driving factors and challenges in the global email encryption industry?
- What is the structure of the global email encryption industry and who are the key players?
- What is the degree of competition in the global email encryption industry?
Key Topics Covered:
2 Scope and Methodology
2.1 Objectives of the Study
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4.2 Key Industry Trends
5 Global Email Encryption Market
5.1 Market Overview
5.2 Market Performance
5.3 Market Breakup by Encryption Type
5.4 Market Breakup by Deployment Type
5.5 Market Breakup by Component
5.6 Market Breakup by End-User
5.7 Market Breakup by Organization Size
5.8 Market Breakup by Region
5.9 Market Forecast
6 Market Breakup by Encryption Type
6.1 End-To-End Email Encryption
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Gateway Email Encryption
6.3 Boundary Email Encryption
6.4 Hybrid Email Encryption
6.5 Client Plugins
7 Market Breakup by Deployment Type
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Cloud Based
8 Market Breakup by Component
8.1.1 Market Trends
8.1.2 Market Forecast
8.2.1 Market Trends
8.2.2 Major Types
126.96.36.199 Training and Education
188.8.131.52 Support and Maintenance
8.2.3 Market Forecast
9 Market Breakup by End-User
9.1.1 Market Trends
9.1.2 Market Forecast
9.4 IT & Telecom
10 Market Breakup by Organization Size
10.1 Small and Medium Size Organizations
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Large Size Organizations
11 Market Breakup by Region
11.1 North America
11.1.1 Market Trends
11.1.2 Market Forecast
11.2 Asia Pacific
11.4 Middle East and Africa
11.5 Latin America
12 SWOT Analysis
13 Value Chain Analysis
14 Porter's Five Forces Analysis
14.2 Bargaining Power of Buyers
14.3 Bargaining Power of Suppliers
14.4 Degree of Competition
14.5 Threat of New Entrants
14.6 Threat of Substitutes
15 Price Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Key Players
16.3 Profiles of Key Players
16.3.1 Cisco Systems
16.3.4 Trend Micro
16.3.9 Egress Software Technologies
16.3.11 Greenview Data
16.3.17 WatchGuard Technologies
For more information about this report visit https://www.researchandmarkets.com/r/5vrvig