E-Mail Encryption Market by End-user, Solution, and Geography - Forecast and Analysis 2021-2025

  • Published: Jul 2021
  • Pages: 120
  • SKU: IRTNTR41465
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The e-mail encryption market has the potential to grow by USD 4.90 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 22.26%.

This e-mail encryption market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by end-user (BFSI, healthcare, government, and others), solution (secure e-mail gateways and software), and geography (North America, Europe, APAC, South America, and MEA). The e-mail encryption market report also offers information on several market vendors, including Broadcom Inc., Cisco Systems Inc., Hewlett Packard Enterprise Co., Microsoft Corp., Mimecast Ltd., Proofpoint Inc., Sophos Ltd., Trend Micro Inc., Virtru Corp., and Zix Corp. among others.

What will the E-mail Encryption Market Size be in 2021?

E-mail-Encryption-Market-Market-Size-2020-2025

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E-mail Encryption Market: Key Drivers and Trends

Based on our research output, there has been a neutral impact on the market growth during and post COVID-19 era. The high adoption of cloud-based services is notably driving the e-mail encryption market growth, although factors such as high total cost of ownership of e-mail encryption solutions may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the e-mail encryption industry get your FREE report sample now.

  • The adoption of cloud-based services is increasing more rapidly in SMBs compared with large enterprises as cloud-based services work on a pay-per-use model.
  • Features such as less dependency on internal IT personnel, no licensing costs, low maintenance costs, very limited hardware infrastructure, and easier and faster implementation of IT solutions are driving SMBs toward the adoption of cloud services.
  • Many enterprises are outsourcing e-mail storage to cloud providers because of the rising e-mail volumes.
  • With the growing workforce mobility, a number of organizations will implement the use of cloud-based services for business processes such as customer relationship management, payroll, and enterprise communications to ensure remote access to data.
  • The need for e-mail encryption solutions will increase with the growing use of cloud-based services for storing e-mails.
  • Extensive use of e-mails for communication is one of the major e-mail encryption market trends as e-mails are a cost-effective mode of business communication and are used extensively by employees for communicating confidential information.
  • E-mails help keep track of business communications and enable backup of data through e-mail archiving.
  • E-mails are used to share information with customers, vendors, and partners.
  • Although the use of social media channels has expanded significantly in personal and consumer-oriented communications, there is no reduction in corporate e-mail volumes.
  • The increasing number of global e-mail users will significantly influence the growth of the e-mail encryption market during the forecast period.

This e-mail encryption market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.

Who are the Major E-mail Encryption Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Broadcom Inc.
  • Cisco Systems Inc.
  • Hewlett Packard Enterprise Co.
  • Microsoft Corp.
  • Mimecast Ltd.
  • Proofpoint Inc.
  • Sophos Ltd.
  • Trend Micro Inc.
  • Virtru Corp.
  • Zix Corp.

 

The e-mail encryption market is fragmented and the vendors are deploying growth strategies such as focusing on the research and development investment to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the e-mail encryption market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for E-mail Encryption Market?

E-mail-Encryption-Market-Market-Share-by-Region-2020-2025

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38% of the market’s growth will originate from North America during the forecast period. The US is a key market for e-mail encryption in North America. Market growth in this region will be faster than the growth of the market in MEA and South America.

The increasing cases of infected e-mails and the significant presence of technology providers will facilitate the e-mail encryption market growth in North America over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating End-user Segments in the E-mail Encryption Market?

E-mail-Encryption-Market-Market-Share-by-End-2020-2025

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The e-mail encryption market share growth by the BFSI segment will be significant during the forecast period. As organizations in the BFSI sector are the prime targets for fraudulent activities, awareness among organizations for securing e-mails is increasing. Thus, the increased adoption of e-mail encryption solutions is positively affecting the market revenue and its growth rate. Owing to the outbreak of COVID-19, e-mail encryption solution providers have started focusing on cutting-edge technology-enabled solution development to mitigate the security risk of BFSI players.

Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the e-mail encryption market size.

 

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What are the Key Factors Covered in this E-mail Encryption Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive email encryption market growth during the next five years
  • Precise estimation of the email encryption market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the e-mail encryption industry across North America, Europe, APAC, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of email encryption market vendors

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E-mail Encryption Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 22%

Market growth 2021-2025

$ 4.90 billion

Market structure

Fragmented

YoY growth (%)

20.92

Regional analysis

North America, Europe, APAC, South America, and MEA

Performing market contribution

North America at 38%

Key consumer countries

US, China, UK, Russian Federation, and France

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Broadcom Inc., Cisco Systems Inc., Hewlett Packard Enterprise Co., Microsoft Corp., Mimecast Ltd., Proofpoint Inc., Sophos Ltd., Trend Micro Inc., Virtru Corp., and Zix Corp.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Market characteristics
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by End-user

    • Market segments
    • Comparison by End-user
    • BFSI - Market size and forecast 2020-2025
    • Healthcare - Market size and forecast 2020-2025
    • Government - Market size and forecast 2020-2025
    • Others - Market size and forecast 2020-2025
    • Market opportunity by End-user

    Market Segmentation by Solution

    • Market segments
    • Comparison by Solution
    • Secure e-mail gateways - Market size and forecast 2020-2025
    • Software - Market size and forecast 2020-2025
    • Market opportunity by Solution

    Geographic Landscape

    • Geographic segmentation
    • Geographic comparison
    • North America - Market size and forecast 2020-2025
    • Europe - Market size and forecast 2020-2025
    • APAC - Market size and forecast 2020-2025
    • South America - Market size and forecast 2020-2025
    • MEA - Market size and forecast 2020-2025
    • Key leading countries
    • Market opportunity by geography
    • Market drivers
    • Market challenges
    • Market trends

    Vendor Landscape

    • Overview
    • Vendor landscape
    • Landscape disruption

    Vendor Analysis

    • Vendors covered
    • Market positioning of vendors
    • Broadcom Inc.
    • Cisco Systems Inc.
    • Hewlett Packard Enterprise Co.
    • Microsoft Corp.
    • Mimecast Ltd.
    • Proofpoint Inc.
    • Sophos Ltd.
    • Trend Micro Inc.
    • Virtru Corp.
    • Zix Corp.

    Appendix

    • Scope of the report
    • Currency conversion rates for US$
    • Research methodology
    • List of abbreviations

    Research Framework

    Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

    TechnavioINFORMATION SOURCES

    Primary sources

    • Manufacturers and suppliers
    • Channel partners
    • Industry experts
    • Strategic decision makers

    Secondary sources

    • Industry journals and periodicals
    • Government data
    • Financial reports of key industry players
    • Historical data
    • Press releases
    Technavio

    TechnavioDATA ANALYSIS

    Data Synthesis

    • Collation of data
    • Estimation of key figures
    • Analysis of derived insights

    Data Validation

    • Triangulation with data models
    • Reference against proprietary databases
    • Corroboration with industry experts
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    TechnavioREPORT WRITING

    Qualitative

    • Market drivers
    • Market challenges
    • Market trends
    • Five forces analysis

    Quantitative

    • Market size and forecast
    • Market segmentation
    • Geographical insights
    • Competitive landscape
    Interested in this report?
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    The e-mail encryption market growth will increase by $2195.42 million during 2019-2024.
    The e-mail encryption market is expected to grow at a CAGR of 11.96% during 2019-2024.
    Technavio has segmented the e-mail encryption market by end user (BFSI, Healthcare, Government, and Others) ,application (Transportation, Machinery, Metal fabrication, Consumer goods, and Others) , and geographic (North America, Europe, APAC, and South America).
    Cisco Systems Inc., Hewlett Packard Enterprise Co., Microsoft Corp., Mimecast Ltd., Proofpoint Inc., Sophos Ltd., Symantec Corp., Trend Micro Inc., Virtru Corp., Zix Corp. are a few of the key vendors in the e-mail encryption market.
    North America will register the highest growth rate of 38.35% among the other regions. Therefore, the e-mail encryption market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
    • US
    • UK
    • China
    • Russian Federation
    • France
    The key factors driving the e-mail encryption market growth are:
    • High adoption of cloud-based services
    • Use of biomass as a fuel in boiler
    The e-mail encryption market vendors should focus on grabbing business opportunities from the bfsi segment as it accounted for the largest market share in the base year.
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