Latest News- Email Security Market: BFSI is expected to lead the Application segment during 2025-2029

The Email Security Market is being driven by Increase in employee mobility

The Email Security Market is expected to grow at a CAGR of 14.2% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 6034.7 million. Financial institutions, healthcare sectors, and government organizations, due to their requirement for centralized, searchable historical data, are major adopters of cloud-based email security solutions. These solutions enable employees to access email data from any location and time zone, reducing costs and simplifying the management of increasing data volumes. Enterprises face challenges in handling vast amounts of data, including potential data loss. Cloud-based email security offers on-demand scalability, eliminating additional costs, and ensures data availability, allowing businesses to operate efficiently and securely. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Application
  • BFSI
  • Government
  • Healthcare
  • IT and telecom
  • Others
• Component
  • Products
  • Services
• Deployment
  • Cloud
  • On-premises
  • Hybrid
• Geography
  • North America
    • Canada
    • US
  • APAC
    • China
    • India
    • Japan
    • South Korea
  • Europe
    • Germany
    • UK
    • France
    • Italy
  • South America
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Increase in employee mobility
• Availability of converged security solutions
• Stringent government regulations

However, the market also witnesses some limitations, which are as follows:

• Availability of open-source solutions
• Advanced and sophisticated threats
• Intensifying price wars

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Market Scope in Email Security Market Research Report

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Research Analysis Overview

In the realm of IT security, Email Security has emerged as a critical concern for organizations, safeguarding Mails against Viruses and Cyber threats. With the technological growth and BYOD adoption, Network security solutions have expanded to Endpoint protection, Integration with IT security systems, and Cloud-based services. The severity of attacks on Email Accounts necessitates the adoption of advanced Email Security products and providers, ensuring cybersecurity for productivity and workforce. Organizations must adhere to security standards to mitigate risks and maintain a robust Email Security posture.

Market Research Overview

The Email Security segment within the broader IT Services market encompasses organizations providing solutions for safeguarding business email systems against viruses, cyber threats, and unauthorized access. According to Technavio, the Global IT Consulting and Other Services Market, which includes Email Security providers, is projected to grow significantly due to several driving factors. One such factor is the increasing investments by governments in modernizing their IT infrastructure to address the scarcity of IT expertise among their workforce. Additionally, the market's expansion is fueled by the rising adoption of cloud services and the growing need for businesses to ensure data security.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/