What is the global market size of Email Security Market?

Email Security Market size was valued at USD 6.23 billion in 2021 and is poised to grow from USD 7.10 billion in ;2022 to USD 20.26 billion by 2030, growing at a CAGR of 14% during the forecast period (2023-2030).

Who are the key vendors in the Global Email Security Market?

The global email security market is characterized by a diverse range of players offering comprehensive solutions and services to address the growing challenges of email security. Established cybersecurity companies dominate the market with their extensive product portfolios and established market presence. These companies leverage their expertise in threat intelligence, encryption technologies, and advanced detection mechanisms to provide robust email security solutions. Additionally, there are emerging players that are gaining traction with their innovative offerings and agile approaches to email security. The market also witnesses collaborations, partnerships, and acquisitions among key players to expand their market reach and enhance their capabilities in providing comprehensive email security solutions. Overall, the competitive landscape is dynamic, driven by technological advancements, evolving customer demands, and the need for continuous innovation to stay ahead in the battle against email-borne threats. 'Cisco Systems, Inc (US)', 'Dell, Inc (US)', 'Fortinet (US)', 'McAfee, Inc (US)', 'Symantec Corporation (US)', 'Appriver (US)', 'Apptix (US)', 'Microsoft Corporation (US)', 'Mimecast (UK)', 'SAP SE (US)', 'BAE Systems (UK)', 'Sophos (UK)', 'Egress Software (UK)', 'Entrust Datacard (US)', 'FireEye (US)', 'Cryptzone (US)', 'Trend Micro (Japan)', 'Proofpoint (US)', 'Barracuda Networks (US)', 'Trustwave Holdings (US)'.

What is the key driver of Global Email Security Market?

One driver of the global email security market is the increasing frequency and sophistication of cyber threats. As cybercriminals become more adept at exploiting vulnerabilities and launching targeted attacks, organizations worldwide are compelled to strengthen their email security measures. The rising awareness of the potential risks and consequences associated with data breaches and unauthorized access to sensitive information has led to a growing demand for robust email security solutions. Companies recognize the need to protect their valuable data and confidential communications from evolving cyber threats, driving the adoption of advanced email security technologies and contributing to the overall growth of the market.

What is the key market trend for Global Email Security Market?

One key market trend in the email security market is the increasing adoption of cloud-based email security solutions. Organizations are shifting towards cloud deployment models for their email security needs due to the scalability, cost-effectiveness, and ease of management offered by cloud-based solutions. Cloud-based email security solutions provide advanced threat detection, encryption, and data loss prevention capabilities while reducing the reliance on on-premise infrastructure. This trend is driven by the growing demand for flexible and scalable email security solutions, particularly among small and medium-sized enterprises (SMEs) that are seeking effective protection against evolving cyber threats.

Which region accounted for the largest share in Global Email Security Market?

North America dominated the email security market. North America has a strong presence in the market due to the high adoption of advanced technologies, a large number of established cybersecurity companies, and stringent data protection regulations. The region's focus on cybersecurity and its robust IT infrastructure contribute to the dominance of North America in the email security market. Furthermore, the region is home to several major players in the industry, leading to the availability of a wide range of email security solutions and services.

Email Security Companies

Email Security Market Competitive Landscape

Top Player’s Company Profiles

Cisco Systems, Inc (US)

Dell, Inc (US)

Fortinet (US)

McAfee, Inc (US)

Symantec Corporation (US)

Appriver (US)

Apptix (US)

Microsoft Corporation (US)

Mimecast (UK)

SAP SE (US)

BAE Systems (UK)

Sophos (UK)

Egress Software (UK)

Entrust Datacard (US)

FireEye (US)

Cryptzone (US)

Trend Micro (Japan)

Proofpoint (US)

Barracuda Networks (US)

Trustwave Holdings (US)

FAQs

Global Email Security Market size was valued at USD 7.1 Billion in 2022 and is poised to grow from USD 8.09 Billion in 2023 to USD 23.09 Billion by 2031, at a CAGR of 14% during the forecast period (2024-2031).

The email security market is extremely dynamic due to the presence of several emerging service providers dominating it. Most of the large and emerging players are using strategies, such as collaborative agreements, acquisitions, partnerships between end-users, and introducing new devices. Rapid advancements in the security tools and software in the email security industry is boosted by the growing prevalence of cybercrime. The market is also witnessing development due to competition due to technological advancements, evolving customer demands, and the need for continuous innovation to stay ahead in the battle against email-borne threats. 'Cisco Systems, Inc (US)', 'Dell, Inc (US)', 'Fortinet (US)', 'McAfee, Inc (US)', 'Symantec Corporation (US)', 'Appriver (US)', 'Apptix (US)', 'Microsoft Corporation (US)', 'Mimecast (UK)', 'SAP SE (US)', 'BAE Systems (UK)', 'Sophos (UK)', 'Egress Software (UK)', 'Entrust Datacard (US)', 'FireEye (US)', 'Cryptzone (US)', 'Trend Micro (Japan)', 'Proofpoint (US)', 'Barracuda Networks (US)', 'Trustwave Holdings (US)'

The transition to cloud-based email solutions is increasing due to a rise in phishing attacks. Security and risk management leaders have started assessing the capabilities of cloud-based email systems to withstand phishing, malware and ransomware threats. Organizations are also moving to cloud-based mailbox services and shifting from on-premises servers to cloud servers.

Growing Adoption of AI and Machine Learning: The usage of AI and machine learning are massively increasing in email security. This allows for more advanced threat identification and prevention. The conventional email security systems use predetermined criteria for detecting risks whereas the present AI-powered solutions can study patterns, identify abnormalities, and forecast new attack strategies.

North America accounted for the largest market share due to growing mobile device adoption by organizations, compliance regulations, and cloud-based email security solutions entering the scene. Additionally, the sudden rise in phishing and email scams during the pandemic has led businesses to pay more attention towards protection of sensitive data stored on email servers. The rapid growth of email security solutions is primarily due to the rise in demand for safeguarding enterprise information and infrastructure. Countries like United States and Canada is the hub of many major enterprise, financial institutions, and government assets all needing heavily robust email security solutions to secure sensitive data.

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Email Security Market Size, Share, Growth Analysis, By Type(Boundary email encryption, end-to-end email encryption, gateway email encryption, hybrid email encryption), By Deployment(Cloud and on-premise), By Component(Solutions and services), By Region - Industry Forecast 2024-2031

Email Security Market Competitive Landscape

Email Security Market Report Snapshots

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Email Security Market Size, Share, Growth Analysis, By Type(Boundary email encryption, end-to-end email encryption, gateway email encryption, hybrid email encryption), By Deployment(Cloud and on-premise), By Component(Solutions and services), By Region - Industry Forecast 2024-2031

Email Security Market Competitive Landscape

Email Security Market Report Snapshots

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FAQs

What is the global market size of Email Security Market?

Who are the key vendors in the Email Security Market?

What is the key driver of Email Security Market?

What is the key market trend for Email Security Market?

Which region accounted for the largest share in Email Security Market?

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