Global Email Security Market Revenue Status, Overview, Size, Share, Emerging Trends, 2023-2032

The research study conducted by Report Ocean on the "Global Email Security Market " spans over 100 pages and delves into various facets of this market. It analyses the business strategies adopted by emerging industry players, examines the geographical scope, dissects market segments, evaluates the product landscape, and investigates price and cost structures. This research report facilitates market segmentation based on the latest Market trends, geographical market, and technological advancements. Each section of the report is meticulously prepared to scrutinize key aspects of the market. Moreover, it includes a detailed analysis of current applications, comparing them while focusing on opportunities, threats, and conducting a competitive analysis of major companies.

Email Security Market is valued approximately at USD 3.50 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 12.8% over the forecast period 2022-2029. Email security refers to the measures and practices employed to protect the confidentiality, integrity and availability of email communications. They are a common mode of communication for individuals and organizations and they often contain sensitive and confidential information. The Email Security market is expanding because of factors such as increasing rate of cyber threats and growing inclination towards cloud-based secure email gateway.

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Email security is crucial to organizations and individuals because it protects against unauthorized access, data breaches, malware, phishing attacks, and other cyber threats. Its importance has progressively increased during the last few decades. According to the Statista, in 2022, around four in ten global internet users have ever experienced cybercrime. For instance, in 2023 The popular Ethereum wallet MetaMask recently faced a cybersecurity breach in which the email addresses of some of its customers who submitted a customer service ticket were exposed. Unauthorized persons gained access to a third-party computer system that handled customer service requests. This allowed them to potentially read MetaMask users' customer support tickets.

Furthermore, in 2022, when it comes to end use industry manufacturing had the highest share of cyber-attacks among the leading industries worldwide. During the examined year, cyber-attacks in manufacturing companies accounted for nearly 25% of the total cyber-attacks. Finance and insurance followed with around 19%. Professional, business, and consumer services ranked third with a share of 14.6%. Another important component driving space is rising inclination toward cloud-based secure email gateway. As per Statista, in 2020, the cloud-based email security market was valued at approximately USD 763 million. It is expected to reach around USD 1.25 billion by 2026

Cloud email security solutions refer to secure email platforms used to protect users from phishing . These platforms are hosted by the cloud email security vendor and prevent emails containing malicious content from reaching the end user, next to blocking malware. In addition, In the year 2022, the number of data breaches in the United States was 1802. Meanwhile, over 422 million people were affected by data intrusions in the same year, including breaches information, leakage, and disclosure. Also, rising government security compliance and surge in risk of potential credential theft would create a lucrative growth prospect for the market over the forecast period. However, lack of awareness related to email encryption stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Email Security Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominates the market in terms of revenue, owing to the presence of key market players and rising technological advancement in email security solutions. According to Statista, in 2021, approximately 92% of the United States digital population aged 15 and above used emails as a form of online communication. Furthermore, Asia Pacific is expected to grow with a highest CAGR during the forecast period, owing to factors such as growing number of small and medium level enterprises in nations like India and China in the market space.

Major market player included in this report are:
Cisco Systems, Inc (United States)
Gen Digital Inc (United States)
McAfee Corp (United States)
Microsoft Corporation (United States)
Dell, Inc (United States)
SAP SE (Germany)
BAE Systems plc (United Kingdom)
WatchGuard Technologies, Inc. (United States)
Sophos Group plc (United Kingdom)
Fortra, LLC (United States)

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Recent Developments in the Market:
In March 2023, Microsoft Releases Security Copilot driven by OpenAI. The new tool for cybersecurity professionals employs generative AI from the most recent version of OpenAI's large language model, GPT-4, as well as a Microsoft security-specific model.

Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Component, Deployment Type , Industry Vertical, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below.

By Component:
Products
Services

By Deployment Type
Cloud
On-Premises

By Industry Vertical
BFSI
Healthcare
Government
IT & Telecom

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By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World

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Key Questions Answered in the Market Report:
• How did the COVID-19 pandemic have an impact on the adoption of via a range of pharmaceutical and existence sciences companies?
• What is the outlook for the affect market all through the forecast length 2023-2032?
• What are the key developments influencing the have an impact on market? How will they have an impact on the market in short-, mid-, and long-term duration?
• What is the give up person appreciation toward?
• What are the key elements impacting the have an effect on market? What will be there have an impact on in short-, mid-, and long-term duration?
• What are the key possibilities areas in the influence market? What is their workable in short-, mid-, and long-term duration?
• What are the key techniques adopted via groups in the have an effect on market?
• What are the key utility areas of the influence market? Which utility is predicted to keep the very best increase attainable all through the forecast duration 2023-2033?
• What is the favoured deployment mannequin for the impact? What is the boom conceivable of quite a number deployment fashions existing in the market?
• Who are the key cease customers of pharmaceutical quality? What is their respective share in the affect market?
• Which regional market is predicted to maintain the easiest boom possible in the have an impact on market at some stage in the forecast length 2023-2032?
• Which are the key gamers in the have an impact on market?

Growth Hampering Factors in the Market:
• Environmental regulations: Stricter environmental regulations on the production and use of fossil fuels can limit the availability and use of traditional market.
• Safety concerns: Safety concerns regarding the storage and transportation of can limit their use.
• Supply chain disruptions: Disruptions in the global supply chain due to natural disasters, pandemics, or other factors can impact the availability and cost of market.
• Security concerns: Security concerns regarding the transportation and storage of market can limit their use and availability.
• Technological obsolescence: Advances in technology can make existing systems obsolete, leading to reduced demand.
• Competition from alternative fuels: The development of alternative fuels such as biofuels and hydrogen-based fuels can compete with traditional market.
• Volatility in oil prices: Fluctuations in oil prices can affect the cost of market, making it difficult for industry players to predict and plan for costs.
• Economic downturns: Economic downturns can result in reduced demand for air travel and air cargo transportation, leading to a reduction in demand for market.
• Geopolitical tensions: Political instability and tensions between nations can impact the global supply chain for market, leading to supply disruptions and price fluctuations.

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