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Press Release:

Global Messaging Security Market to Grow at 14% During 2022-2027, Catalyzed by Increasing Incidences of Cyberattacks

COVID-19
The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.

Messaging Security Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global messaging security market reached a value of US$ 5.1 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 11.2 Billion by 2027, exhibiting a CAGR of 14% 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.

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.

 

 
 

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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.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global messaging security market report, along with forecasts for growth at the global and regional level from 2022-2027. Our report has categorized the market based on component, communication type, deployment type and vertical.

Breakup by Component:

 

 
 

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  • 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:

  • On-premises
  • Cloud-based
     

Breakup by Vertical:

  • BFSI
  • Government and Defense
  • IT and Telecommunication
  • Real Estate
  • Healthcare
  • Others
     

Breakup by Region:

 

 
 

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  • North America
    • United States
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • 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.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Component, Communication Type, Deployment Type, Vertical, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered 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 and Trustwave Holdings Inc. (Singapore Telecommunications Ltd.)
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
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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)

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$), 2016-2021
Figure 3: Global: Messaging Security Market: Breakup by Component (in %), 2021
Figure 4: Global: Messaging Security Market: Breakup by Communication Type (in %), 2021
Figure 5: Global: Messaging Security Market: Breakup by Deployment Type (in %), 2021
Figure 6: Global: Messaging Security Market: Breakup by Vertical (in %), 2021
Figure 7: Global: Messaging Security Market: Breakup by Region (in %), 2021
Figure 8: Global: Messaging Security Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 9: Global: Messaging Security (Solution) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Global: Messaging Security (Solution) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Global: Messaging Security (Services) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: Messaging Security (Services) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Messaging Security (Instant Messaging) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Messaging Security (Instant Messaging) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Messaging Security (Email Messaging) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: Messaging Security (Email Messaging) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: Messaging Security (On-premises) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: Messaging Security (On-premises) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Global: Messaging Security (Cloud-based) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Global: Messaging Security (Cloud-based) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Global: Messaging Security (BFSI) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Global: Messaging Security (BFSI) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Global: Messaging Security (Government and Defense) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Global: Messaging Security (Government and Defense) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Global: Messaging Security (IT and Telecommunication) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Global: Messaging Security (IT and Telecommunication) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Global: Messaging Security (Real Estate) Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: Global: Messaging Security (Real Estate) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: Global: Messaging Security (Healthcare) Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: Global: Messaging Security (Healthcare) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: Global: Messaging Security (Others) Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: Global: Messaging Security (Others) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: North America: Messaging Security Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: North America: Messaging Security Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: United States: Messaging Security Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: United States: Messaging Security Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: Canada: Messaging Security Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: Canada: Messaging Security Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: Asia Pacific: Messaging Security Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: Asia Pacific: Messaging Security Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: China: Messaging Security Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: China: Messaging Security Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: Japan: Messaging Security Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: Japan: Messaging Security Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: India: Messaging Security Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: India: Messaging Security Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: South Korea: Messaging Security Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: South Korea: Messaging Security Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: Australia: Messaging Security Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: Australia: Messaging Security Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: Indonesia: Messaging Security Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: Indonesia: Messaging Security Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: Others: Messaging Security Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: Others: Messaging Security Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: Europe: Messaging Security Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: Europe: Messaging Security Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: Germany: Messaging Security Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: Germany: Messaging Security Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 59: France: Messaging Security Market: Sales Value (in Million US$), 2016 & 2021
Figure 60: France: Messaging Security Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: United Kingdom: Messaging Security Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: United Kingdom: Messaging Security Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 63: Italy: Messaging Security Market: Sales Value (in Million US$), 2016 & 2021
Figure 64: Italy: Messaging Security Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 65: Spain: Messaging Security Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: Spain: Messaging Security Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: Russia: Messaging Security Market: Sales Value (in Million US$), 2016 & 2021
Figure 68: Russia: Messaging Security Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 69: Others: Messaging Security Market: Sales Value (in Million US$), 2016 & 2021
Figure 70: Others: Messaging Security Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 71: Latin America: Messaging Security Market: Sales Value (in Million US$), 2016 & 2021
Figure 72: Latin America: Messaging Security Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 73: Brazil: Messaging Security Market: Sales Value (in Million US$), 2016 & 2021
Figure 74: Brazil: Messaging Security Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 75: Mexico: Messaging Security Market: Sales Value (in Million US$), 2016 & 2021
Figure 76: Mexico: Messaging Security Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 77: Others: Messaging Security Market: Sales Value (in Million US$), 2016 & 2021
Figure 78: Others: Messaging Security Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 79: Middle East and Africa: Messaging Security Market: Sales Value (in Million US$), 2016 & 2021
Figure 80: Middle East and Africa: Messaging Security Market Forecast: Sales Value (in Million US$), 2022-2027
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, 2021 and 2027
Table 2: Global: Messaging Security Market Forecast: Breakup by Component (in Million US$), 2022-2027
Table 3: Global: Messaging Security Market Forecast: Breakup by Communication Type (in Million US$), 2022-2027
Table 4: Global: Messaging Security Market Forecast: Breakup by Deployment Type (in Million US$), 2022-2027
Table 5: Global: Messaging Security Market Forecast: Breakup by Vertical (in Million US$), 2022-2027
Table 6: Global: Messaging Security Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 7: Global: Messaging Security Market Structure
Table 8: Global: Messaging Security Market: Key Players


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Key Questions Answered in This Report

According to the estimates by IMARC Group, the global messaging security market is expected to exhibit a CAGR of 14% during 2022-2027.

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 email messaging. Currently, email 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.

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