DUBLIN--(BUSINESS WIRE)--The "Email Encryption Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.
The global email encryption market exhibited strong growth during 2015-2020. Looking forward, the publisher expects the global email encryption market to grow at a CAGR of around 20% during the forecast period (2021-2026).
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.
- Cisco Systems
- Trend Micro
- Egress Software Technologies
- Greenview Data
- WatchGuard Technologies
Key Topics Covered:
2 Scope and Methodology
3 Executive Summary
4.2 Key Industry Trends
5 Global Email Encryption Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Breakup by Encryption Type
5.5 Market Breakup by Deployment Type
5.6 Market Breakup by Component
5.7 Market Breakup by End-User
5.8 Market Breakup by Organization Size
5.9 Market Breakup by Region
5.10 Market Forecast
6 Market Breakup by Encryption Type
7 Market Breakup by Deployment Type
8 Market Breakup by Component
9 Market Breakup by End-User
10 Market Breakup by Organization Size
11 Market Breakup by Region
12 SWOT Analysis
13 Value Chain Analysis
14 Porter's Five Forces Analysis
15 Price Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Key Players
16.3 Profiles of Key Players
For more information about this report visit https://www.researchandmarkets.com/r/hpsdiu