Press release
The Global SEM's Email Encryption Market Is Predicted To Rise At A CAGR Of 17% During 2022-2032
250 Pages SEM's Email Encryption Market Survey by Fact MR, A Leading Business and Competitive Intelligence ProviderICT companies are extensively adopting technologies such as cloud computing and artificial intelligence to ensure seamless operations as teams continue working from home. Focus on fast automation, use of real-time operation within various end-use sectors such as automotive, food & beverage and others will provide stimulus to the growth.
The report offers actionable and valuable market insights of SEM's Email Encryption. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of SEM's Email Encryption Market across various industries and regions.
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The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of SEM's Email Encryption market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of SEM's Email Encryption
This newly published and insightful report sheds light on Market Insights of SEM's Email Encryption, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of SEM's Email Encryption Market.
The growth in BEC s and spear phishing, the rising number of email users worldwide, the high demand for email encryption services, and the necessity to comply with data protection guidelines are all major driving factors for the email encryption market.
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What are the Emerging Trends in the Email Encryption Market?
"Demand will be driven by an increase in the number of Internet users."
The global e-mail encryption market is being propelled by rising demand for email encryption, cloud-based services, privacy restrictions, and increased security concerns.
However, the high cost of email encryption solutions and the need for key management is projected to stymie the expansion of the demand for email encryption and the whole e-mail encryption market over the forecast period.
Over the years, corporations have been heavily targeted by sophisticated cyber-attacks such as email-based phishing and BEC schemes, resulting in large financial losses. In BEC, adversaries attack business email accounts, impersonating customers, workers, or partners in order to get financial benefits such as approving money transfers to hackers' accounts hence increasing the demand for email encryption.
Fraudulent techniques, such as spear phishing, are on the rise in order to steal data for malevolent reasons. The adoption of email encryption solutions and services is a good way to safeguard email data.
The use of spear-phishing to obtain personal information for nefarious reasons, as well as the installation of malware on a targeted user's computer, is on the rise. Hackers all across the world are preying on people's anxieties about the COVID-19 outbreak, which can lead to demand for email encryption and, in turn the sales of email encryption,
There is an increase in COVID-19-related attacks, including BECs and spear-phishing.
Competitive Landscape
The market for email encryption is moderately competitive, with a large number of global and regional companies. These firms control a sizable portion of the email encryption market and are concentrating their efforts on extending their customer base around the world.
The email encryption market vendors are also concentrating on R&D investments to launch new solutions, strategic collaborations, and other organic & inorganic growth strategies to gain a competitive advantage over the projection period.
Recent Developments in the Email Encryption Market
Sophos Email Advanced Portal Encryption will be available to customers and partners as an add-on product to Sophos Email Advanced beginning in May 2021. Portal Encryption allows email senders to safely transmit encrypted communications to a web portal.
Mimecast engaged established a strategic agreement with Netskope, a cloud security firm, in February 2021. Businesses will be able to safeguard cloud services and emails using enterprise-grade DLP solutions as a result of the strategic partnerships.
MicrosoftTrend Micro will be a Microsoft Gold Certified Partner in January 2021. Trend Micro has a long history of providing Microsoft security solutions. Trend Micro Cloud App Security, for example, interacts directly with Microsoft Office 365 to safeguard incoming and internal Office 365 emails against sophisticated malware and other threats.
Proofpoint Essentials Security Awareness will be available in August 2020. Through threat simulations, this system trains SMEs to recognise high-risk situations. This lessens the effect of phishing attacks and malware outbreaks.
Micro Focus will release Voltage SmartCipher in January 2020. This service enables safe file encryption across collaboration platforms including email and cloud-hosted settings. With permanent unstructured file encryption, the solution improves privacy compliance.
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Key Segments
Based on Type:
End-to-end email encryption
Gateway email encryption
Boundary email encryption
Hybrid email encryption
Client plugins
Based on Component:
Solutions
Services
Based on Deployment Mode:
Cloud
On-premises
Based on Organization Size:
Large Enterprises
SMEs
Based on the Vertical:
BFSI
Government and Defense
IT and ITeS
Telecommunication
Energy and Utilities
Manufacturing
Retail and eCommerce
Healthcare
Other verticals (media and entertainment, education, and travel and transportation)
Based on the Region:
North America
Europe
Asia Pacific
Middle East and Africa
Latin America
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Key Question answered in the survey of SEM's Email Encryption market report:
Sales and Demand of SEM's Email Encryption
Growth of SEM's Email Encryption Market
Market Analysis of SEM's Email Encryption
Market Insights of SEM's Email Encryption
Key Drivers Impacting the SEM's Email Encryption market
Which are the Key drivers impacted by SEM's Email Encryption market
Restraints SEM's Email Encryption Market Growth
Market Survey of SEM's Email Encryption
More Valuable Insights on SEM's Email Encryption Market
Fact.MR, in its new report, offers an unbiased Market Analysis of SEM's Email Encryption, Sales and Demand of SEM's Email Encryption, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.
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