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The global email encryption market reached a value of US$ 2.0 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 7.9 Billion by 2027, exhibiting a CAGR of 25.97% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
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.
IMARC Group provides an analysis of the key trends in each sub-segment of the global email encryption market, along with forecasts at the global and regional level from 2022-2027. Our report has categorized the market based on encryption type, deployment type, component, end-user and organization size.
Breakup by Encryption Type:
Breakup by Deployment Type:
Breakup by Component:
Breakup by End-User:
Breakup Organization Size:
Breakup by Region:
The report has also analyzed the competitive landscape of the market with some of the key players being Cisco Systems, Proofpoint, Symantec, Trend Micro, Zix, Cryptzone, DataMotion, Echoworx, Egress Software Technologies, Entrust, Greenview Data, HPE, McAfee, Microsoft, Sophos, Virtru, WatchGuard Technologies, etc.
|Base Year of the Analysis||2021|
|Segment Coverage||Encryption Type, Deployment Type, Component, End-User, Organization Size, Region|
|Region Covered||North America, Asia Pacific, Europe, Middle East and Africa, Latin America|
|Companies Covered||Cisco Systems, Proofpoint, Symantec, Trend Micro, Zix, Cryptzone, DataMotion, Echoworx, Egress Software Technologies, Entrust, Greenview Data, HPE, McAfee, Microsoft, Sophos, Virtru, and WatchGuard Technologies|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
The global email encryption market was valued at US$ 2.0 Billion in 2021.
We expect the global email encryption market to exhibit a CAGR of 25.97% during 2022-2027.
The rising instances of phishing and spam emails, along with the growing utilization of email
encryption to prevent the access of confidential data by unintended users, are primarily driving the
global email encryption market.
The sudden outbreak of the COVID-19 pandemic has led to the increasing adoption of email
encryption mechanism as it aids in data privacy and security, owing to the deployment of Work-
From-Home (WFH) models by numerous organizations.
Based on the encryption type, the global email encryption market can be segregated into end-to-end
email encryption, gateway email encryption, boundary email encryption, hybrid email encryption,
and client plugins. Among these, end-to-end email encryption represents the largest market share.
Based on the deployment type, the global email encryption market has been divided into on-
premise and cloud based. Currently, on-premise deployment exhibits a clear dominance in the
Based on the component, the global email encryption market can be categorized into solution and
service, where service holds the majority of the total market share.
Based on the end-user, the global email encryption market has been segmented into BFSI,
healthcare, government, IT & telecom, and others. Among these, the BFSI sector currently
represents the largest market share.
Based on the organization size, the global email encryption market can be bifurcated into small and
medium size organizations and large size organizations. Currently, large size organizations account
for the majority of the total market share.
On a regional level, the market has been classified into North America, Europe, Asia Pacific, Middle
East and Africa, and Latin America, where North America currently dominates the global market.
Some of the major players in the global email encryption market include Cisco Systems, Proofpoint,
Symantec, Trend Micro, Zix, Cryptzone, DataMotion, Echoworx, Egress Software Technologies,
Entrust, Greenview Data, HPE, McAfee, Microsoft, Sophos, Virtru, WatchGuard Technologies, etc.
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