The global messaging security market exhibited strong growth during 2015-2020. Messaging security refers to the practice of encrypting messages on a device to protect the messaging infrastructure. It is used for developing a secure network, restricting unwanted messages and protecting the devices against various threats. It involves email antivirus, internet protocol (IP) reputation-based anti-spam, email intrusion prevention, pattern-based anti-spam, administrator-defined allow/block lists and zero-hour malware detection systems. It can be deployed on cloud and on-premises, owing to which it finds extensive applications across various sectors, including banking, financial services and insurance (BFSI), information technology (IT), real estate, government, defense and healthcare.
Rapid urbanization, along with the increasing instances of cyberattacks across the globe, is one of the key factors driving the growth of the market. Furthermore, the widespread adoption of cloud-based and virtual appliance-based solutions is also providing a boost to the market growth. Organizations are operating through multi-cloud environments and Software-as-a-Service (SaaS)-based platforms to manage sensitive data of users. This has resulted in the increasing utilization of email and messaging security services for intra-company communication and coordinating with other parties. Messaging security also offers multi-layered protection from email phishing, business email compromise scams and ransomware attacks, which is also contributing to the market growth. Additionally, the growing demand for security solutions from instant messaging service providers is creating a positive outlook for the market. Other factors, including the increasing adoption of mobile devices, along with the development of innovative technologies for secure messaging solutions, are projected to drive the market further. Looking forward, IMARC Group expects the global messaging security market to grow at a CAGR of around 14% during 2021-2026.
Breakup by Component:
- Solution
- Content Filtering
- Web Filtering
- Email Encryption
- Data Loss Prevention
- Information Protection and Control
- Anti-Spam/ Anti-Malware
- Services
- Professional Services
- Managed Services
Breakup by Communication Type:
- Instant Messaging
- Email Messaging
Breakup by Deployment Type:
Breakup by Vertical:
- BFSI
- Government and Defense
- IT and Telecommunication
- Real Estate
- Healthcare
- Others
Breakup by Region:
- North America
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Barracuda Networks Inc. (Thoma Bravo LLC), Cisco Systems Inc., F-Secure Oyj, McAfee LLC (TPG Capital and Intel Corporation), Microsoft Corporation, Mimecast Services Limited, Proofpoint Inc., Quick Heal Technologies Ltd, Trend Micro Incorporated, Trustwave Holdings Inc. (Singapore Telecommunications Ltd.), etc.
Key Questions Answered in This Report:
According to the estimates by IMARC Group, the global messaging security market is expected to witness a CAGR of 14% during 2021-2026.
Sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations resulting in the increasing adoption of work-from-home (WFH) trends. This is further catalyzing the demand for message security solutions to secure confidential data from cyber threats.
The rising incidences of cyberattacks, coupled with the growing need to protect confidential and sensitive information from messaging malware threats, represent some of the key drivers for the global messaging security market.
The increasing penetration of remote working modules and bring your own device (BYOD) in workplaces represents one of the key trends in the global messaging security market.
On the basis of the component, the market has been divided into solution and services. Among these, solution represents the largest segment.
On the basis of the communication type, the market has been segregated into instant messaging and e-mail messaging. Currently, e-mail messaging exhibits a clear dominance in the market.
On the basis of the deployment type, the market has been bifurcated into on-premises and cloud-based. Currently, cloud-based holds the majority of the total market share.
On the basis of the vertical, the market has been segmented into BFSI, government and defense, IT and telecommunication, real estate, healthcare, and others. At present, BFSI exhibits a clear dominance in the market.
Region-wise, the market has been classified into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America, where North America dominates the global market.
The key companies in the global messaging security market are Barracuda Networks Inc. (Thoma Bravo LLC), Cisco Systems Inc., F-Secure Oyj, McAfee LLC (TPG Capital and Intel Corporation), Microsoft Corporation, Mimecast Services Limited, Proofpoint Inc., Quick Heal Technologies Ltd, Trend Micro Incorporated, Trustwave Holdings Inc. (Singapore Telecommunications Ltd.), etc.
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
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 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Messaging Security Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Component
6.1 Solution
6.1.1 Market Trends
6.1.2 Major Types
6.1.2.1 Content Filtering
6.1.2.2 Web Filtering
6.1.2.3 Email Encryption
6.1.2.4 Data Loss Prevention
6.1.2.5 Information Protection and Control
6.1.2.6 Anti-Spam/ Anti-Malware
6.1.3 Market Forecast
6.2 Services
6.2.1 Market Trends
6.2.2 Major Types
6.2.2.1 Professional Services
6.2.2.2 Managed Services
6.2.3 Market Forecast
7 Market Breakup by Communication Type
7.1 Instant Messaging
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Email Messaging
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Deployment Type
8.1 On-premises
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Cloud-based
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by Vertical
9.1 BFSI
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Government and Defense
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 IT and Telecommunication
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Real Estate
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Healthcare
9.5.1 Market Trends
9.5.2 Market Forecast
9.6 Others
9.6.1 Market Trends
9.6.2 Market Forecast
10 Market Breakup by Region
10.1 North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2 Asia Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3 Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4 Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5 Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Barracuda Networks Inc. (Thoma Bravo LLC)
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.2 Cisco Systems Inc.
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.2.3 Financials
14.3.2.4 SWOT Analysis
14.3.3 F-Secure Oyj
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.3.3 Financials
14.3.4 McAfee LLC (TPG Capital and Intel Corporation)
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.5 Microsoft Corporation
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.5.3 Financials
14.3.5.4 SWOT Analysis
14.3.6 Mimecast Services Limited
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.6.3 Financials
14.3.7 Proofpoint Inc.
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.7.3 Financials
14.3.8 Quick Heal Technologies Ltd.
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.8.3 Financials
14.3.9 Trend Micro Incorporated
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.9.3 Financials
14.3.9.4 SWOT Analysis
14.3.10 Trustwave Holdings Inc. (Singapore Telecommunications Ltd.)
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
List of Figures
Figure 1: Global: Messaging Security Market: Major Drivers and Challenges
Figure 2: Global: Messaging Security Market: Sales Value (in Billion US$), 2015-2020
Figure 3: Global: Messaging Security Market: Breakup by Component (in %), 2020
Figure 4: Global: Messaging Security Market: Breakup by Communication Type (in %), 2020
Figure 5: Global: Messaging Security Market: Breakup by Deployment Type (in %), 2020
Figure 6: Global: Messaging Security Market: Breakup by Vertical (in %), 2020
Figure 7: Global: Messaging Security Market: Breakup by Region (in %), 2020
Figure 8: Global: Messaging Security Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 9: Global: Messaging Security (Solution) Market: Sales Value (in Million US$), 2015 & 2020
Figure 10: Global: Messaging Security (Solution) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 11: Global: Messaging Security (Services) Market: Sales Value (in Million US$), 2015 & 2020
Figure 12: Global: Messaging Security (Services) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 13: Global: Messaging Security (Instant Messaging) Market: Sales Value (in Million US$), 2015 & 2020
Figure 14: Global: Messaging Security (Instant Messaging) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 15: Global: Messaging Security (Email Messaging) Market: Sales Value (in Million US$), 2015 & 2020
Figure 16: Global: Messaging Security (Email Messaging) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 17: Global: Messaging Security (On-premises) Market: Sales Value (in Million US$), 2015 & 2020
Figure 18: Global: Messaging Security (On-premises) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 19: Global: Messaging Security (Cloud-based) Market: Sales Value (in Million US$), 2015 & 2020
Figure 20: Global: Messaging Security (Cloud-based) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 21: Global: Messaging Security (BFSI) Market: Sales Value (in Million US$), 2015 & 2020
Figure 22: Global: Messaging Security (BFSI) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 23: Global: Messaging Security (Government and Defense) Market: Sales Value (in Million US$), 2015 & 2020
Figure 24: Global: Messaging Security (Government and Defense) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 25: Global: Messaging Security (IT and Telecommunication) Market: Sales Value (in Million US$), 2015 & 2020
Figure 26: Global: Messaging Security (IT and Telecommunication) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 27: Global: Messaging Security (Real Estate) Market: Sales Value (in Million US$), 2015 & 2020
Figure 28: Global: Messaging Security (Real Estate) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 29: Global: Messaging Security (Healthcare) Market: Sales Value (in Million US$), 2015 & 2020
Figure 30: Global: Messaging Security (Healthcare) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 31: Global: Messaging Security (Others) Market: Sales Value (in Million US$), 2015 & 2020
Figure 32: Global: Messaging Security (Others) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 33: North America: Messaging Security Market: Sales Value (in Million US$), 2015 & 2020
Figure 34: North America: Messaging Security Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 35: United States: Messaging Security Market: Sales Value (in Million US$), 2015 & 2020
Figure 36: United States: Messaging Security Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 37: Canada: Messaging Security Market: Sales Value (in Million US$), 2015 & 2020
Figure 38: Canada: Messaging Security Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 39: Asia Pacific: Messaging Security Market: Sales Value (in Million US$), 2015 & 2020
Figure 40: Asia Pacific: Messaging Security Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 41: China: Messaging Security Market: Sales Value (in Million US$), 2015 & 2020
Figure 42: China: Messaging Security Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 43: Japan: Messaging Security Market: Sales Value (in Million US$), 2015 & 2020
Figure 44: Japan: Messaging Security Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 45: India: Messaging Security Market: Sales Value (in Million US$), 2015 & 2020
Figure 46: India: Messaging Security Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 47: South Korea: Messaging Security Market: Sales Value (in Million US$), 2015 & 2020
Figure 48: South Korea: Messaging Security Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 49: Australia: Messaging Security Market: Sales Value (in Million US$), 2015 & 2020
Figure 50: Australia: Messaging Security Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 51: Indonesia: Messaging Security Market: Sales Value (in Million US$), 2015 & 2020
Figure 52: Indonesia: Messaging Security Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 53: Others: Messaging Security Market: Sales Value (in Million US$), 2015 & 2020
Figure 54: Others: Messaging Security Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 55: Europe: Messaging Security Market: Sales Value (in Million US$), 2015 & 2020
Figure 56: Europe: Messaging Security Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 57: Germany: Messaging Security Market: Sales Value (in Million US$), 2015 & 2020
Figure 58: Germany: Messaging Security Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 59: France: Messaging Security Market: Sales Value (in Million US$), 2015 & 2020
Figure 60: France: Messaging Security Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 61: United Kingdom: Messaging Security Market: Sales Value (in Million US$), 2015 & 2020
Figure 62: United Kingdom: Messaging Security Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 63: Italy: Messaging Security Market: Sales Value (in Million US$), 2015 & 2020
Figure 64: Italy: Messaging Security Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 65: Spain: Messaging Security Market: Sales Value (in Million US$), 2015 & 2020
Figure 66: Spain: Messaging Security Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 67: Russia: Messaging Security Market: Sales Value (in Million US$), 2015 & 2020
Figure 68: Russia: Messaging Security Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 69: Others: Messaging Security Market: Sales Value (in Million US$), 2015 & 2020
Figure 70: Others: Messaging Security Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 71: Latin America: Messaging Security Market: Sales Value (in Million US$), 2015 & 2020
Figure 72: Latin America: Messaging Security Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 73: Brazil: Messaging Security Market: Sales Value (in Million US$), 2015 & 2020
Figure 74: Brazil: Messaging Security Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 75: Mexico: Messaging Security Market: Sales Value (in Million US$), 2015 & 2020
Figure 76: Mexico: Messaging Security Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 77: Others: Messaging Security Market: Sales Value (in Million US$), 2015 & 2020
Figure 78: Others: Messaging Security Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 79: Middle East and Africa: Messaging Security Market: Sales Value (in Million US$), 2015 & 2020
Figure 80: Middle East and Africa: Messaging Security Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 81: Global: Messaging Security Industry: SWOT Analysis
Figure 82: Global: Messaging Security Industry: Value Chain Analysis
Figure 83: Global: Messaging Security Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: Global: Messaging Security Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Messaging Security Market Forecast: Breakup by Component (in Million US$), 2021-2026
Table 3: Global: Messaging Security Market Forecast: Breakup by Communication Type (in Million US$), 2021-2026
Table 4: Global: Messaging Security Market Forecast: Breakup by Deployment Type (in Million US$), 2021-2026
Table 5: Global: Messaging Security Market Forecast: Breakup by Vertical (in Million US$), 2021-2026
Table 6: Global: Messaging Security Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 7: Global: Messaging Security Market Structure
Table 8: Global: Messaging Security Market: Key Players