Email Encryption Market to Witness Huge Growth by Key Players: Micro Focus, Symantech, Cisco, Trend Micro, Sophos and Others.

According to Market Study Report, Email Encryption Market provides a comprehensive analysis of the Email Encryption Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape and emerging opportunities of global industry. This report also provides market landscape and market share information in the Email Encryption Market.
An exclusive data offered in this report is collected by research and industry experts team.

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The Global Email Encryption Market size in the post-COVID-19 scenario is projected to grow from USD 3.4 Billion in 2020 to USD 9.9 Billion by 2025, at a CAGR of 23.8% during the forecast period.

Top Companies Profiled in the Email Encryption Market:
• Micro Focus (UK)
• Symantech (US)
• Cisco (US)
• Trend Micro (Japan)
• Sophos (UK)
• Proofpoint (US)
• BAE Systems (UK)
• Zix (US)
• Entrust Datacard (US)
• Mimecast (UK)
• Egress Software (UK)
• Intemedia (US)
• Virtru (US)
• Echoworx (Canada)
• Lux Sci (US)
• Cryptzone (US)

“The SMEs segment to grow at a higher CAGR during the forecast period”
Based on organization size, the email encryption market has been segmented into SMEs and large enterprises. The SMEs segment is expected to grow at the highest CAGR in the email encryption market during the forecast period. The growing use of mobile devices in Small and Medium Enterprises (SMEs)for sending mails has influenced data transfer, over business networks, to personal devices, such as mobile phones and laptops.

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“The BFSI industry vertical to hold a larger market size during the forecast period”
The BFSI industry vertical is expected to hold a larger market size in the email encryption market during the forecast period, due to the increasing instances of email taping, phishing, spear phishing, spams, and insider data thefts in this industry vertical. BFSI is the most targeted industry vertical as it deals with large volumes of sensitive and private data.

“North America to account for the highest market share, whereas Asia Pacific(APAC)to grow at the highest CAGR”
North America is projected to hold the highest share of the email encryption market from 2020 to 2025, owing to the early adoption of the email encryption solution in the region across various industry verticals, specifically in the BFSI and healthcare industry verticals.

Breakdown of primary participants’ profile:
• By Company: Tier 1 – 35%, Tier 2 – 45%, and Tier 3 – 20%
• By Designation: C-level – 35%, Director level – 25%, and Others – 40%
• By Region: North America – 45%, APAC – 30%, Europe – 20%, RoW – 5%

Competitive Landscape of Email Encryption Market:
1 Competitive Leadership Mapping
1.1 Visionary Leaders
1.2 Innovators
1.3 Dynamic Differentiators
1.4 Emerging Players
2 Key Developments In Market
3 Competitive Scenario
3.1 Partnerships, Agreements, And Collaborations
3.2 New Product Launches/Product Enhancements
3.3 Mergers And Acquisitions
3.4 Business Expansions

Reason to access this report:
The report will help the market leaders/new entrants in the email encryption market with information on the closest approximations of the revenue numbers for the overall email encryption market and the sub segments. This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and to plan suitable go-to-market strategies.

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This release was published on openPR.