Email Encryption Market 2022 Strategic Assessment and Business Scope- Broadcom Inc., Micro Focus International plc, Cisco Systems, Inc., Sophos Ltd., Trend Micro Incorporated

The report considers the present scenario of the Email Encryption Market and its dynamics for the forecast period 2022-2026. Email Encryption Market covers a detailed overview of several growth enablers, restraints, and trends in the market. The research report highlights the market’s current and potential key opportunities along with crucial insights.

The email encryption market is projected to grow at 15.2% CAGR during the forecast period of 2021-2026.        

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The Email Encryption market is highly competitive and consists of a number of major players. Companies like Broadcom Inc., Micro Focus International plc, Cisco Systems, Inc., Sophos Ltd., Trend Micro Incorporated, Virtru Corporation, CipherMail B.V., Proton Technologies AG, Proofpoint Inc., BAE Systems plc Amongst Others.

Key Developments:

- In February 2020, Proofpoint announced a set of integrated, end-to-end solutions that address email account compromise (EAC) and business email compromise (BEC) attacks. The newly developed solution has combined the company's secure email gateway, threat response, security awareness training, advanced threat protection, email authentication, and cloud account protection.
- In March 2020, Fintechs, Beyond Encryption, and Origo developed the full version of their Unipass Mailock encrypted email service free to all the users of Origo Unipass for two months to help protect the communications and data security of businesses and their clients.

Market Segmentation:

Market segment by Type, the product can be split into
On-Premises
Cloud
Market segment by Application, split into
BFSI
Healthcare
Government
Retail
IT and Telecom
Education
Manufacturing
Others

Key Market Trends:

BFSI Industry is Expected to Grow at a Significant Rate Over the Forecast Period
- With the increasing adoption of online banking and other financial services, insider threats have also increased significantly. According to Proofpoint's statistics, the financial services sector spent more to contain insider threats per incident than any other industry. Over the last two years, the average BFSI companies' spend was USD 14.3 million to avoid a threat incident versus USD 11.54 million for energy & power companies and USD 10.24 million for the retail companies.
- In July 2019, Capital One Financial Corporation announced that it determined there was unauthorized access by cybercriminals who obtained certain types of personal information relating to customers who had applied for its credit card products.

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What are the market factors that are explained in the report?

–Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a regional scale.

–Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

–Analytical Tools:  Email Encryption Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Finally, Email Encryption Market report is the believable source for gaining the Market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request and Market development rate and figure and so on. This report additionally Present new task SWOT examination, speculation attainability investigation, and venture return investigation.

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