ALBANY, N.Y., Aug. 17, 2021 /PRNewswire/ —
Email Encryption Market: Overview
The rise in the quantity of e mail communication from the 12 months 2000 till as we speak that’s prone to breach wants to be protected by way of e mail encryption for its meant use. The criticality of info primarily for enterprise enterprises, authorities departments, and different organizations transmitted by way of e mail raised considerations to encrypt info to be used solely by the meant recipient. In order to serve this, and with constant expertise add-ons, as we speak, e mail encryption is a profitable enterprise. The email encryption market is projected to surpass the valuation of US$ 25.3 Bn by 2030.
There are a number of technological instruments out there to encrypt e mail messages. For occasion, a private e mail certificates is an e mail safety that digitally indicators the sender’s messages, thus, decreasing the quantity of spam messages that may be despatched utilizing the previous’s identify and e mail account. The digital signature appended permits the recipient to know if the message acquired was despatched by the meant sender; spoofed messages is not going to have digital signatures to warn recipients of spam or malicious content material.
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Email Encryption Market – Key Findings of Report
Surge in Internet Users for Business Communication Fuels Market Growth
The pervasive use of e mail in enterprise enterprises and different organizations led to the necessity of a sturdy e mail safety answer. A quantity of distinguished software program firms is in the e-mail encryption bandwagon is striving to enhance present e mail encryption panorama. End-to-end encryption to safeguard privateness of delicate info is one of the important thing focus areas for gamers in the e-mail encryption market.
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Increase in Deployment on Cloud Drives Need for Encryption
The growing deployment on cloud of main e mail purposes that essentially want the safety layer is creating many alternatives in the e-mail encryption market. According to the Cloud Adoption Risk Report of Skyhigh Networks, 83.3% e mail purposes are already on the cloud. Email encryption enhances the privateness of knowledge shared on the cloud. With estimations of cloud companies to be a main mode of deployment of e mail purposes and e mail servers, the demand for e mail encryption is ready to develop.
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Continued Use of Predecessor Operating Systems Propels Demand
According to the out there knowledge, 69% of companies worldwide proceed to use Windows 7, 5% use Windows 8, and 14% use Windows XP, which don’t obtain the assist of Microsoft since 2014. The vulnerability of e mail to cyberattacks despatched over predecessor working programs necessitates messages inside the mail to be encrypted to stop enterprise loses. A report by The Cybersecurity Imperative studies annual loses from cyberattacks averaging to US$ 4.7 Mn in 2018, with multiple in 10 enterprise enterprises incurring losses of over US$ 10 Mn.
Email Encryption Market: Growth Drivers
- Scope of enchancment of privateness laws initially shaped in the 2000 for electronically transmitted knowledge by way of the Internet to be in line with modern-day necessities fuels e mail encryption market progress
- Rising want to decrease email-based phishing actions, malware assaults, and spam messages continues to present alternatives in the e-mail encryption market
Email Encryption Market: Key Players
Some of the important thing gamers in the e-mail encryption market are as follows:
- Broadcom Inc.
- Dell Technologies Inc.
- IBM Corporation
- Micro Focus
- Tenable Inc.
- Juniper Networks Inc.
- Mimecast Services Limited
- Forcepoint
- Virtru
- Cisco Systems Inc.
- IBM Corporation
- McAfee Inc.
- Microsoft Corporation
- Trend Micro Incorporated
- Sophos Ltd.
- Proofpoint Inc.
- Skybox Security Inc.
Global Email Encryption Market: Segmentation
Email Encryption Market, by Component
- Software
- Boundary Email Encryption
- Gateway-to-gateway Email Encryption
- End to End Email Encryption
- Hybrid E-mail Encryption
- Services
- Installation & Integration
- Consulting, Training & Support
- Email Encryption Market, by Server Type
- Cloud-based Email Server
- On-premise Email Server
- Email Encryption Market, by Enterprise Size
- Small & Medium Enterprise
- Large Enterprise
- Email Encryption Market, by Industry
- IT & Telecom
- BFSI
- Retail & Wholesale
- Healthcare
- Media & Education
- Government
- Others (Hospitality and so forth.)
- Email Encryption Market, by Region
- North America
- Europe
- Asia Pacific (APAC)
- Middle East & Africa (MEA)
- South America
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