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Rising Cyberattacks Propel Growth Of The Messaging Security Market: A Significant Driver Propelling The Messaging Security Market In 2025
"The Messaging Security Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Messaging Security Market Size and Projected Growth Rate?
The messaging security market size will grow from $8.56 billion in 2024 to $10.2 billion in 2025 at a compound annual growth rate (CAGR) of 19.2%. The growth in the historic period can be attributed to an increase in cyber threats, regulatory compliance requirements, growth of digital communication, expansion of remote and hybrid work models, and advances in encryption technology.
The messaging security market is expected to grow to $20.41 billion in 2029 at a CAGR of 18.9%. Growth is attributed to cloud solutions adoption, AI and machine learning, mobile device proliferation, digital transformation initiatives, and zero trust security models. Trends include unified threat management, end-to-end encryption, secure mobil
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What Are the Major Segments in the Messaging Security Market?
The messaging securitymarket covered in this report is segmented -
1) By Component: Solution, Services
2) By Mode Of Communication: Email Messaging, Instant Messaging
3) By Deployment: Cloud-based, On-premise
4) By Industry: Banking, Financial Services And Insurance (BFSI), Healthcare And Lifesciences, Media And Entertainment, Automotive And Manufacturing, Education, Retail And E-commerce, Government, Other Industries
Subsegments:
1) By Solution: Email Security Solutions, Instant Messaging Security Solutions, Mobile Messaging Security Solutions, Web Messaging Security Solutions, Gateway Security Solutions
2) By Services: Consulting Services, Implementation Services, Support And Maintenance Services, Managed Security Services, Training And Awareness Services
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What Are The Driving Messaging Security Market Evolution?
The rising prevalence of cyberattacks is expected to drive the growth of the messaging security market. Cyberattacks are increasing due to the rise in digitalization, remote work, and sophisticated attack methods. Messaging security tools are essential to protect against these attacks by securing communication platforms and preventing data breaches. The Australian Signals Directorate reported in November 2023 that the number of cybercrime reports increased by 23% from the previous year, highlighting the need for improved messaging security.
Which Firms Dominate The Messaging Security Market Segments?
Major companies operating in the messaging security market are Microsoft Corporation, Cisco Systems Inc., Broadcom Inc., Open Text Corporation, McAfee Corp., Trellix, Kaspersky Lab, Proofpoint Inc., Trustwave Holdings Inc., Secureworks, Barracuda Networks Inc., Trend Micro Inc., Mimecast Limited, WithSecure, Francisco Partners, Egress Software Technologies Ltd., Sophos Ltd., Agari Data Inc., Valimail, Hornetsecurity GmbH, GreatHorn Inc., MailChannels, MailGuard Pty Ltd., Trustifi
What Messaging Security Market Trends Are Gaining Traction Across Different Segments?
In the messaging security market, companies are focused on creating secure messaging solutions to safeguard sensitive data and record communications. Secure messaging involves the encrypted transmission of information to maintain privacy and comply with regulations, commonly used in sectors like healthcare to protect patient data. For instance, in November 2023, SSH Communications Security, a Finland-based cybersecurity company, introduced Secure Messaging 2024. This platform features end-to-end encryption, secure file transfers, and compliance with stringent data privacy regulations, along with advanced identity management and access controls to enhance secure communication within organizations.
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Which Is The Largest Region In The Messaging Security Market?
North America was the largest region in the messaging security market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the messaging security market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Messaging Security Market?
2. What is the CAGR expected in the Messaging Security Market?
3. What Are the Key Innovations Transforming the Messaging Security Industry?
4. Which Region Is Leading the Messaging Security Market?
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