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Email Encryption Market – Global Opportunities & Forecast, 2020-2027

03.17.2022 · Posted in Writing and Speaking

Email Encryption Market

The Email Encryption Market size is projected to reach USD 14,538 Million by 2027, expanding at a rate of 23.2% during the forecast period. Smart ticketing system provides safety from fraud, offers passengers with credit, and helps in elimination of long queue. Rising application of smart ticketing in tourism industry because of its user-friendly feature will strengthen the Email Encryption Market share.

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Email Encryption Market Dynamics

Email Encryption prevents cyber threats and attacks through spam, malware, and viruses. The expansion in healthcare and banking, financial services, and insurance (BFSI) industries has driven the market growth. With a significant surge in the use of email services by corporate enterprises, the incidences of unauthorized sources accessing the content have increased. Organizations enforce email encryption solutions to safeguard their confidential information. The email encryption market is driven by the growing demand for cloud-based services, safety norms, and rising data security concerns.

However, as per the Email Encryption Market research report,the evolution of the coronavirus pandemic has changed the way organizations work. The stringent lockdown enforced across the nation has drifted the small enterprises to work digitally. The increasing implementation of email with home servers has raised the incidences of theft. Thus, the risk of email scams in this pandemic has substantially increased.

Segmentation by Component

The email encryption market is segmented into solution and services, based on component. The services segment can further be bifurcated into training & education and support & maintenance. The solution segment is expected to witness a higher CAGR during the forecast period. Organizations have become more vigilant towards protecting their data and private information present in their email servers. Email encryption solutions protect several threats such as financial losses through phishing, data theft, email scams, trojan, and BEC. These factors captivate various organizations to implement email encryption solution, which will drive the Email Encryption market growth.

Market Segmentation
Email Encryption Market by Type
  • End-to-End Email Encryption
  • Gateway Email Encryption
  • Boundary Email Encryption
  • Hybrid Email Encryption
  • Client Plugins
Email Encryption Market by Component
  • Solution
  • Services
  • Training & Education
  • Support & Maintenance
Email Encryption Market by Deployment Mode
  • On-Premises
  • Cloud
Email Encryption Market by Organization Size
  • Small & Medium-Sized Enterprises
  • Large Enterprises
Email Encryption Market by Industry Vertical
  • Banking, Financial Services & Insurance
  • Government & Defense
  • IT & Telecom
  • Energy & Utilities
  • Manufacturing
  • Retail
  • Healthcare
  • Others
Smart Glass Market by Region:
  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of APAC
  • North America
    • United States of America
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Spain
    • Rest of Europe
  • RoW
    • Brazil
    • South Africa
    • Saudi Arabia
    • UAE

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GMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions.

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