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Email Encryption Market 2023-32 : Industry Analysis, Size, Share, Growth And Forecast | Broadcom Inc., Cisco Systems Inc., Micro Focus, Entrust Corporation, Mimecast Services Limited, Sophos Ltd
Email Encryption Global Market Repor
The Business Research Company's Email Encryption Global Market Report 2023 identifies the 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.
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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Major players in the email encryption market are Broadcom Inc., Cisco Systems Inc., Micro Focus, Entrust Corporation, Mimecast Services Limited, Sophos Ltd., Trend Micro Incorporated, Zix Corporation, Egress Software Technologies Ltd., NeoCertified, Proofpoint Inc., Virtru Corporation, CipherMail B.V., Proton AG, and Intermedia.Net Inc.
A key trend in the Email Encryption market includes the shift from traditional email encryption tools to advanced email encryption solutions is the key trend gaining popularity in the email encryption market. Advanced Email Security secures data by encoding email content while it is in transit. Major companies are implementing advanced technologies such as artificial intelligence and machine learning to improve the security of organizations' emails.
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The Email Encryption market is segmented -
1) By Component: Solutions, Services
2) By Deployment Mode: Cloud, On-Premises
3) By Organization Size: Large Enterprises, Small and Medium Enterprises (SMEs)
4) 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.
The Business Research Company's "Global Email Encryption Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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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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