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(2023-2032) Email Encryption Global Market Trends And Forecast Report | By Types, Applications, Regions And Players Include Broadcom Inc., Cisco Systems Inc., Micro Focus, Entrust Corporation, Mimecast Services Limited
Email Encryption Global Market
Email Encryption Market Size, Growth Rate, And Forecast
The global email encryption market size grew from $5.17 billion in 2022 to $6.4 billion in 2023 at a compound annual growth rate (CAGR) of 23.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The email encryption market size is expected to grow to $14.85 billion in 2027 at a CAGR of 23.4%.
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Email Encryption Market Drivers
Rising instances of enterprise email threats are expected to propel the growth of the email encryption market going forward. Email threats are a type of email fraud in which cybercriminals pretend to be reputable organisations in order to access private data. Email encryption encrypts emails with the help of advanced technologies, which offer end-to-end email encryption to businesses and protect the email threats attached along with the email.
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Email Encryption Market Segments
• By Component: Solutions, Services
• By Deployment Mode: Cloud, On-Premises
• By Organization Size: Large Enterprises, Small and Medium Enterprises (SMEs)
• By Vertical: BFSI, Government and Defense, IT and ITeS, Telecommunication, Energy and Utilities, Manufacturing, Retail and eCommerce, Healthcare, Other Verticals
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Email Encryption market.
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Email Encryption Market Key Players
Major competitors in the Email Encryption market include Broadcom Inc., Cisco Systems Inc., Micro Focus, Entrust Corporation, Mimecast Services Limited, Sophos Ltd., Trend Micro Incorporated, Zix Corporation, Egress Software Technologies Ltd., NeoCertified
The Business Research Company's "Global Email Encryption Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Email Encryption Market Include:
1. Executive Summary
2. Email Encryption Market Characteristics
3. Email Encryption Market Trends And Strategies
4. Email Encryption Market - Macro Economic Scenario
5. Email Encryption Market Size And Growth
………..
27. Email Encryption Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Email Encryption Market
29. Email Encryption Market Future Outlook and Potential Analysis
30. Appendix
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