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Email Encryption Market- Global Industry Overview !!

09-14-2017 08:54 AM CET | IT, New Media & Software

Press release from: MarketsandMarkets

The report "Email Encryption Market by Deployment Type (On-Premises and Cloud), Industry Vertical (BFSI, Healthcare, Government, Retail, and IT and telecom), and Region (North America, Europe, APAC, MEA and Latin America)- Global Forecast to 2020", The email encryption market is expected to reach USD 4.21 Billion by 2020 at an estimated compound annual growth rate of 23.5%.

Browse 47 market data tables and 61 figures spread through 147 pages and in-depth TOC on “Email Encryption Market - Global Forecast to 2020”
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The email encryption market is expected to grow increasingly due to the augmentation and modernization of technology in this sector. Today, there has been a high growth of email encryption adoption among small and medium enterprises in various industry verticals. These enterprises require email encryption solutions in order to secure their confidential and personal documents from theft and loss.

The rise in the adoption of Bring Your Own Device (BYOD) policies in the organizations has increased the usage email encryption

The rise in the adoption of BYOD policies in organizations has increased the usage of personal devices among employees to access organizational information. Moreover, it has enhanced the usage of personal devices to access real-time information related to organization from anywhere. It has also increased the risk of data theft while sending and receiving mails. There by, organizations and users need to implement email encryption solution to communicate with other parties without the risk of losing information to hackers.

The adoption of standards and privacy rules such as PCI DSS are driving the email encryption market

The email encryption market is growing in North America and European regions due to the adoption of standards and privacy rules such as PCI DSS and HIPAA. Moreover, rising demand for cloud-based services is furthering the growth of the email encryption market as users have started demanding cloud-based encryption solutions as cloud-based services are less costly. At present, users in Asia–Pacific (APAC) have started implementing encryption solutions but lack of knowledge regarding its usage and advantages is restricting the adoption of email encryption solutions.

Read Complete Report @ http://www.marketsandmarkets.com/Market-Reports/email-encryption-market-182623205.html

The email encryption market is consolidated with big players

The email encryption market is consolidated with big players, such as HP, Symantec, McAfee, Sophos, TrendMicro, Cisco, Proofpoint, Entrust, Zix Corporation, and Microsoft. The report also defines the top European vendors such as Galaxkey, DESLock+ and Tutanota, which have presence in other regions as well.

BFSI and Healthcare vertical contributes maximum market share

The Email Encryption market is segmented by region as North America, Europe, APAC, Middle East and Africa (MEA) and Latin America; by deployment type as on-premises and cloud; and by industry vertical as BFSI, healthcare, retail, government, manufacturing, education, IT and telecom, and others. This report analyzes global adoption trends, future growth potentials, key drivers, restraints, opportunities, and best practices in the market. The report also examines potential market sizes and revenue forecasts across different regions as well as user segments.

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Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
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