Comprehensive 2025 Messaging Security Market Overview: Trends, Forecasts, and Growth Drivers

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What Is the Expected CAGR for the Messaging Security Market Through 2025?
The dimension of the messaging security market has seen accelerated growth in recent years. The market value is projected to rise from $8.56 billion in 2024 to $10.2 billion in 2025, registering a compound annual growth rate (CAGR) of 19.2%. Factors such as an uptick in cyber threats, the need to meet regulatory compliance, evolution of digital communication, the extension of remote and hybrid working arrangements, and breakthroughs in encryption technology have all fueled the growth witnessed in the historical period.

What's the Projected Size of the Global Messaging Security Market by 2029?
Projected advancements in the messaging security market will witness a swift escalation in the upcoming years, peaking to a value of $20.41 billion by 2029, with an 18.9% compound annual growth rate (CAGR). Contributing factors to this steep rise during the projected term include, increased utilization of cloud-based solutions, advancements in artificial intelligence and machine learning, mobile device proliferation, digital transformation initiatives expansion, and surged investments in zero trust security models. Various trends are set to shape the forecast period, such as unified threat management solutions growth, a heightened need for end-to-end encryption, the expansion of secure mobile messaging solutions, the emergence of secure collaboration tools, and increased acceptance of multi-factor authentication.

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Top Growth Drivers in the Messaging Security Industry: What's Accelerating the Market?
The escalating occurrence of cyberattacks is foreseen to fuel the expansion of the messaging security market in the future. These cyberattacks are malevolent ventures by individuals or groups aiming to interfere, inflict damage, or achieve unauthorized entry to computer systems, networks, or data, mainly with the intention to steal data, inflict harm, or make ransom demands. This escalation in cyberattacks is attributed to the surge in digitalization, the wide-spread adoption of remote work, and the escalating proficiency of assailants employing advanced technologies to manipulate weaknesses in systems and networks. Messaging security is utilized to safeguard against cyberattacks by securing email and messaging platforms against threats such as phishing, malware, and unauthorized access, thereby preserving the confidentiality, integrity, and availability of communications and avoiding data breaches and information leaks. For example, in November 2023, as per the statement given by the Australian Signals Directorate, an Australia-based federal body, in the financial year of 2022-23, approximately 94,000 cybercrime reports were reported to ReportCyber, displaying a 23% surge in contrast to the 2021-22 financial year. Consequently, the escalating occurrence of cyberattacks is pushing the expansion of the messaging security market.

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What Trends Will Shape the Messaging Security Market Through 2029 and Beyond?
Renowned enterprises in the messaging security market are steering their efforts towards the creation of cutting-edge solutions like secure messaging to safeguard highly sensitive data and diligently document all communication exchanges. Secure messaging, commonly utilized in industries such as healthcare for patient data protection, represents an encoded conveyance of confidential details between different parties to maintain privacy and adhere to regulations. Take SSH Communications Security, a leading cybersecurity company from Finland, for example. They launched Secure Messaging 2024, a solution for secure messaging, in November 2023. This platform encompasses attributes like secure file transfers and full encryption, while also meeting rigid data privacy standards. Further, it blends in advanced identity management and access control mechanisms, thereby fortifying communication security within companies, enhancing data protection, and reducing the chances of unsanctioned access.

What Are the Main 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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Which Top Companies are Driving Growth in the Messaging Security Market?
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

Which Regions Will Dominate the Messaging Security Market Through 2029?
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.

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