Messaging Security Market to Reach USD 21.6 Billion By 2032, Emerging Technological Growth, Future Growth and Business Opportunities

Factors such as the rise in online threats and increase in need of rules and regulations primarily drive the growth of the messaging security market. However, the rise in cost of implementation and complexity of security solutions hamper the market growth severely. Moreover, a rise in adoption of cloud platforms is expected to provide lucrative opportunities for market growth during the forecast period.

According to the report, the global generated $5.9 billion in 2022, and is estimated to reach $21.6 billion by 2032, witnessing a CAGR of 14.3% from 2023 to 2032. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chains, regional landscapes, and competitive scenarios.

☛ Request Sample Report at: https://www.alliedmarketresearch.com/request-sample/15060

The messaging security market refers to the segment of the economy dedicated to providing products and services aimed at protecting communication channels from a variety of online threats. This market encompasses a wide array of tools and methods designed to ensure the availability, confidentiality, and integrity of communications transmitted through diverse platforms, including email, instant messaging, and collaborative software. In today's digital era, organizations heavily depend on messaging platforms for their daily operations.

Impact of COVID-19:

➢ The demand for messaging security solutions has increased as a result of the unexpected transition to remote work and greater reliance on digital communication platforms.

➢ Cybercriminals have used the pandemic to execute specialized attacks including phishing campaigns and malware distribution, taking advantage of messaging platform weaknesses.

➢ Organizations have therefore boosted their investment on messaging security solutions to safeguard their sensitive data and reduce the risks brought on by these cyberthreats.

➢ In order to safeguard these communication channels' confidentiality, integrity, and availability and shield critical information from unauthorized access and data breaches, messaging security solutions have become increasingly important.

☛ For Report Customization: https://www.alliedmarketresearch.com/request-for-customization/15060

Based on component, the solution segment held the highest market share in 2022, accounting for more than two-thirds of the messaging security market revenue and is estimated to maintain its leadership status throughout the forecast period, owing to protect messaging systems such as email, instant messaging, and social media, it necessitates a variety of security methods, such as encryption, authentication, access controls, and threat detection. However, the services segment is projected to manifest the highest CAGR of 16.3% from 2023 to 2032, owing to ensure the effectiveness of the messaging security measures, they assist organizations in identifying vulnerabilities, creating security rules, configuring and integrating security technologies, and performing routine audits and assessments.

Based on communication mode, the email segment held the highest market share in 2022, accounting for around two-thirds of the messaging security market revenue and is estimated to maintain its leadership status throughout the forecast period, owing to the usage of personal devices or insecure networks by remote workers. However, instant messaging segment is projected to manifest the highest CAGR of 16.6% from 2023 to 2032, owing to rise of remote work, many organizations now rely heavily on instant messaging systems for team collaboration and information exchange.

☛ Buy Now & Get Exclusive Discount on this Report: https://www.alliedmarketresearch.com/messaging-security-market/purchase-options

Based on deployment mode, the on-premise segment held the highest market share in 2022, accounting for more than three-fifths of the messaging security market revenue and is estimated to maintain its leadership status throughout the forecast period, owing to the organizations that can customize and have more control over their messaging security architecture using the on-premise deployment strategy, which presents a number of benefits and opportunities. However, cloud segment is projected to manifest the highest CAGR of 15.6% from 2023 to 2032, owing to secure their messaging systems by utilizing the scalability and flexibility of cloud infrastructure.

Based on end user, the BFSI segment held the highest market share in 2022, accounting for more than one-third of the messaging security market revenue and is estimated to maintain its leadership status throughout the forecast period, owing to provide secure communication channels, authenticate users, prevent unauthorized access, and enforce encryption and data protection protocols by setting strong messaging security measures. However, the media and entertainment segment is projected to manifest the highest CAGR of 19.0% from 2023 to 2032, owing to streaming services, digital downloads, and online collaborations, messaging systems have become the norm for exchanging sensitive data and intellectual property.

Access the full summary at: https://www.alliedmarketresearch.com/messaging-security-market-A14691

Based on region, the North America segment held the highest market share in terms of revenue in 2022, accounting for nearly two-fifths of the messaging security market revenue, owing to the increasing reliance on digital communication and the changing threat landscape, the North America region. However, the Asia-Pacific region is expected to witness the fastest CAGR of 18.0% from 2023 to 2032, owing to protect sensitive information, stop phishing attacks, and adhere to data protection laws, businesses and individuals in the region are investing in secure messaging solutions, encryption technology, and threat detection systems.

Leading Market Players:

➢ McAfee, Llc

➢ Cisco Systems, Inc.

➢ Trend Micro Incorporated

➢ Microsoft Corporation

➢ Broadcom

➢ Proofpoint, Inc.

➢ Sophos Ltd.

➢ Barracuda Networks, Inc.

➢ F-Secure

➢ Check Point Software Technologies Ltd.

☛ Inquiry Before Buying: https://www.alliedmarketresearch.com/purchase-enquiry/15060

Thanks for reading this article; you can also get individual chapter-wise sections or region-wise report versions like North America, Europe, or Asia

If you have any special requirements, please let us know and we will offer you the report as per your requirements.

Lastly, this report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll-Free: 1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow Us on: LinkedIn Twitter

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients in making strategic business decisions and achieving sustainable growth in their respective market domains.

AMR launched its user-based online library of reports and company profiles, Avenue. An e-access library is accessible from any device, anywhere, and at any time for entrepreneurs, stakeholders, researchers, and students at universities. With reports on more than 60,000 niche markets with data comprising of 600,000 pages along with company profiles on more than 12,000 firms, Avenue offers access to the entire repository of information through subscriptions. A hassle-free solution to clients' requirements is complemented with analyst support and customization requests.

This release was published on openPR.