Messaging Security Market 2019 Global Analysis by Key Leaders: McAfee, Cisco Systems, Symantec Corporation, Proofpoint, Forcepoint, Microsoft Corporation, Sophos, Barracuda Networks

Messaging Security Market, By Components (Solution, Service), By Solution (Email Encryption), By Service (Professional Service, Managed Service), By Mode of Communication (Instant Messaging), By Deployment (Cloud, On-Premise) - Forecast 2023

Market Highlights:
The process of providing encryption to the messages sent by enterprises or organizations is referred as messaging security. The software includes features like email intrusion prevention, pattern based anti-spam, administrator defined block/allow lists and many more. Message encryption is generally referred as public key cryptography. Message security provides end to end security by securing the XML enabling prevention of intermediaries from starting point to end point of the message.

The messaging security possess various features like increased flexibility, support for multiple transports and supporting for wide set of credentials and claims. Without relying on transport channel, through messaging security messages can be send over many transports and TCP. The messaging security helps in securing the message by planting security context within the message.
The rise in usage of mobile devices among organizations, increasing cyber-attacks and deployment of cloud based services are driving the market for global messaging security market. The complexity by adding security in the existing network infrastructure is hindering the market growth.

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Major Key Players:

• McAfee LLC (U.S.),
• Cisco Systems, Inc. (U.S.),
• Trend Micro Incorporated (Japan),
• Symantec Corporation (U.S.),
• Proofpoint Inc. (U.S.),
• Forcepoint (U.S.),
• Microsoft Corporation (U.S.),
• Sophos Ltd. (U.K.),
• Barracuda Networks Inc. (U.S.),
• F-Secure Corporation (Finland)

According to MRFR, The Messaging Security Market is expected to grow at approximately USD 6 Billion by 2023, at 16% of CAGR between 2017 and 2023.

Competitive Analysis
The Market of messaging security appears to be highly competitive. To maintain their market position and to drive the market growth, various dynamic and diversified international organizations, domestic organizations and as well as new entrants form a competitive landscape. Market leaders are innovating continuously and increasingly seeking market expansion through various strategic mergers and acquisitions, innovation, increasing investments in research and development and cost-effective product portfolio. Major players are investing on internal R&D and, most of all, in acquiring other firms. Prominent vendors of messaging security are targeting to invest more in technology and research and development activities to innovate their already existing products

Regional Analysis
The messaging security market in North America region is growing due to high adoption of cloud solutions by enterprise and need to improve messaging security in organizations. Changing banking regulation, that requires changes in documents and financial transaction is driving the market in the region. According to the study, the messaging security market will show considerable growth in Europe region. Asia-Pacific market is estimated to be one of the fastest growing market as enterprises are continuously investing into research and development of messaging security market. Increasing IT landscape is boosting the market in the region. The region is witnessing high adoption of internet of things and bring your own device technology by enterprises. Developing countries such as India and China are adopting messaging security software at a large scale owing to increasing IT infrastructure, digitization and robust industrialization that is boosting the market in the region. By vertical segment, BFSI and retail sector is driving the messaging security market. The region is witnessing high growth in messaging security market due to growing technological advancement in cloud, analytics and mobile technologies.

Segments:

Messaging security market for segment on the basis of component, type, mode of communication and vertical.
Messaging Security Market by Component:
By Solutions
• Content Filtering
• Web Filtering
• Email Encryption
• Data Loss Prevention
• Information Protection And Control
• Anti-Spam/Anti-Malware
By Service
• Professional Mode Of Communication
• Managed Mode Of Communication
Messaging Security Market by Type:
• Message Confidentiality
• Message And System Integrity
• Message Authentication
• Cryptographically Signed Certificate
E-Commerce Authentication
Third Party Authentication
Messaging Security Market by Mode of Communication:
• Email
• Instant Messaging
Messaging Security Market by Deployment:
• Cloud
• On-Premise
Messaging Security Market by Vertical:
• BFSI
• Healthcare And Life science
• Media & Entertainment
• Retail & Ecommerce
• Automotive And Manufacturing
• Others

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Intended Audience
• Investors and consultants
• System Integrators
• Government Organizations
• Research/Consultancy firms
• Technology solution providers
• IT Solution Providers
• Cloud Service Providers
• Instant Messaging Vendors
• Security Solution Providers

LIST OF TABLES
TABLE 1 MESSAGING SECURITY MARKET, BY COMPONENTS
TABLE 2 MESSAGING SECURITY MARKET, BY TYPE
TABLE 3 MESSAGING SECURITY MARKET, BY MODE OF COMMUNICATION
TABLE 4 MESSAGING SECURITY MARKET, BY DEPLOYMENT
TABLE 5 MESSAGING SECURITY MARKET, BY VERTICAL
Continued……

LIST OF FIGURES
FIGURE 1 RESEARCH TYPE
FIGURE 2 MESSAGING SECURITY MARKET: BY COMPONENTS (%)
FIGURE 3 MESSAGING SECURITY MARKET: BY TYPE (%)
FIGURE 4 MESSAGING SECURITY MARKET: BY MODE OF COMMUNICATION (%)
FIGURE 5 MESSAGING SECURITY MARKET: BY DEPLOYMENT (%)
Continued……

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