Enterprise Quantum Computing Market 2024 Report By Key Companies, Regional Analysis And Forecast 2033

The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033

The Business Research Company offers in-depth market insights through Email Encryption Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.

Market Size And Growth Forecast:
The email encryption market size has grown exponentially in recent years. It will grow from $6.4 billion in 2023 to $7.91 billion in 2024 at a compound annual growth rate (CAGR) of 23.6%. The growth in the historic period can be attributed to data privacy concerns, compliance regulations, rise in cyber threats, increasing use of mobile devices, globalization of business.

The email encryption market size is expected to see exponential growth in the next few years. It will grow to $18.34 billion in 2028 at a compound annual growth rate (CAGR) of 23.4%. The growth in the forecast period can be attributed to evolution of advanced threats, remote work security, quantum computing threats, enhanced user experience. Major trends in the forecast period include integration with collaboration tools, end-to-end encryption, cloud-based encryption solutions, advanced threat protection, user-friendly encryption interfaces.

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Market Segmentation:
The email encryption market covered in this report 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

Major Driver - Escalating Enterprise Email Threats Propel Surge In Demand For Email Encryption Solutions
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 organizations 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. For instance, in February 2021, Google LLC, a US-based technology company, blocked an average of 100 million harmful emails from reaching Gmail users daily. Therefore, rising instances of enterprise email threats are driving the email encryption market growth.

Competitive Landscape:
Major companies operating in the email encryption market report are Cisco Systems Inc., Broadcom Inc., Hewlett Packard Enterprise Company, BAE Systems plc, Thales Group, CipherMail B.V., Fortinet lnc., OpenText Corporation, Micro Focus International plc, Trend Micro Incorporated, Proofpoint Inc., Entrust Corporation, Zoho Corporation, Fortra Technologies, Barracuda Networks lnc., Intermedia.Net Inc., Retarus GmbH, Proton AG, Proton Technologies AG, Mimecast Services limited, Zix Corporation, Sophos Ltd., Virtru Corporation, Hush Communications Canada Inc., Lux Scientiae Incorporated, Echoworx Corporation, Egress Software Technologies Ltd., SSH Communications Security Corporation, Seclore Technology Pvt. Ltd., NeoCertified, Paubox lnc., PreVeil lnc., Sealit LLC, Symantec Corporation, HP Development Company, Microsoft Corporation

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Top Trend - Strategic Partnerships Drive Innovation For Godaddy's Customers In The Email Encryption Market
Major companies operating in the email encryption market are adopting a strategic partnership approach to enhance email security for GoDaddy's customers. Strategic partnerships refer to a process in which companies leverage each other's strengths and resources to achieve mutual benefits and success. For instance, in May 2022, INKY Technology, a US-based cloud-based communication security platform, partnered with GoDaddy Inc., a US-based petroleum business company. With this partnership, these companies aim to enhance detection capabilities and dynamic banners, providing a safe and user-friendly email experience to hundreds of thousands of GoDaddy customers.

The Table Of Content For The Market Report 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 Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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