Global Email Security Market

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 2025-2032


Report ID: SQMIG45F2084 | Region: Global | Published Date: April, 2024
Pages: 197 | Tables: 88 | Figures: 76

Email Security Market Insights

Email Security Market size was valued at USD 8.09 Billion in 2023 and is poised to grow from USD 9.22 Billion in 2024 to USD 26.32 Billion by 2032, growing at a CAGR of 14% during the forecast period (2025-2032).

Several key trends and drivers are contributing to the healthy growth of the market. With the employee mobility on the rise, there is a greater requirement for secure remote access to emails that has aided in the growth of powerful email security solutions. Moreover, the trend of using cloud-based email services rather than traditional on-premises solutions has become widespread. Cost-effectiveness and flexibility have driven the adoption of open-source email security solutions, and e-mail encryption has also become increasingly popular. Additionally, these trends are likely to continue influencing the market post-COVID-19, with an increased emphasis on advanced threat protection (ATP), data loss prevention (DLP), cloud analytics, and user behaviour analytics.  

However, factors such as evolving threat landscape, email phishing attacks, and regulatory compliance are hindering the market growth. Organizations often face challenges in terms of evolving threats, so email security companies need to keep innovating and come up with solutions that can address the concerns or needs progressively. Email can be susceptible to various cyber threats, including viruses and malware, as well as phishing attacks. With the advancement of technology and adoption of BYOD concept, organizations are now increasingly using cloud-based email services. This means that it has become imperative for organizations to secure their emails, leading to the expansion of email security market growth. 

US Email Security Market is poised to grow at a sustainable CAGR for the next forecast year.

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Email Security Market size was valued at USD 8.09 Billion in 2023 and is poised to grow from USD 9.22 Billion in 2024 to USD 26.32 Billion by 2032, growing at a CAGR of 14% during the forecast period (2025-2032).

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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Global Email Security Market

Report ID: SQMIG45F2084

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