The E-Mail Encryption Market is being driven by High adoption of cloud-based services
The E-Mail Encryption Market is expected to grow at a CAGR of 37.8% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 25827.3 million. In today's business landscape, the integration and convergence of e-mail encryption solutions with comprehensive security offerings are highly preferred by end-users. The complexity of network infrastructures necessitates seamless integration of various security solutions, including e-mail encryption. Standalone encryption solutions may introduce integration issues and additional costs. By offering integrated security solutions that encompass e-mail encryption and other functionalities, such as data loss prevention (DLP), vendors can provide superior customer support and functionality while reducing overall costs for businesses. This integrated approach is a significant market trend that will drive revenue growth in the e-mail encryption market.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
221 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 37.8% |
Market growth 2025-2029 |
USD 25827.3 million |
Market structure |
fragmentation |
YoY growth 2024-2025(%) |
27.6 |
Key countries |
US, Canada, Germany, China, UK, France, Spain, Italy, India, and Japan |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The E-Mail Encryption Market addresses the growing concern for secure communication through email. With threats such as email authentication bypass, spoofing, phishing, spam, malware, ransomware, data leakage, and theft, encryption is essential. Encryption keys' length, strength, speed, and overhead are crucial factors. Email signature verification, content filtering, attachment security, logging, auditing, forensics, legal holds, deployment, configuration, management, awareness, training, and consulting are integral parts of email security.
In the expansive IT services sector, the e-mail encryption market is a significant subsegment. This market encompasses businesses specializing in email security solutions, leveraging technologies such as data encryption, key management, digital certificates, S/MIME, and end-to-end encryption. These services safeguard sensitive information transmitted via email, ensuring data confidentiality and integrity. The global market size for Internet services and infrastructure includes revenues from companies providing various Internet-related services and infrastructure, including IT security and cloud computing. This market caters to data centers, cloud networking and storage infrastructure, and hosting services, excluding software product vendors.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
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