How Big is the Email Encryption Market?

The Global Email Encryption Market size was valued at around 5.5 billion in 2023 and is estimated to grow at a CAGR of around 18.5% during the forecast period, i.e., 2024-30. The widespread adoption of technology among small & medium enterprises has led to an increased reliance on email for communication with clients & employees. As these business emails often contain sensitive data, safeguarding against theft and manipulation becomes crucial. Email encryption serves as a vital tool for businesses to protect their information from malicious programmers or scammers.

Market Statistics

  • Market Size in 2023: USD 5.5 billion
  • Market Growth Rate (CAGR): 18.5% from 2024-2030

✅In case you missed it, we are currently revising our reports. Click on the below to get the latest research data with forecast for years 2025 to 2030, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report.

If you’re interested in the assumptions considered in this study, you can download the PDF brochure-  https://www.marknteladvisors.com/query/request-sample/email-encryption-market.html

Email Encryption Market Insight:

Driver-

Rising Incidents of Email Data Breaches & Extensive Use of Emails to Infuse the Market Growth – A key driver propelling the expansion of the Email Encryption Market is the escalating occurrence of email data breaches, posing substantial risks to the confidentiality & security of personal and business data. According to Statista reports, the global email subscriber count reached approximately 4.26 billion in 2022 and is anticipated to rise to nearly 4.73 billion by 2026.

Given its widespread adoption, email remains a significant cybersecurity vulnerability, with about 94% of malware transmitted through email in 2021, as reported by Egress. Email encryption acts as a preventive measure, protecting email content and attachments from unauthorized access or manipulation, thereby mitigating potential losses.

Additionally, email is a common mode of communication for sharing information with customers, businesses, and partners. Despite the growing use of social media channels such as LinkedIn, Facebook, Twitter, and Google+, emails remain a reliable form of corporate communication. As a result, these factors are expected to drive Email Encryption Market growth throughout the forecast period.

 Email Encryption Market Segmentation:

The report has segmented the market into the following categories:

By Component

  • Solution- Market Size & Forecast 2019-2030, (USD Million)
  • Services- Market Size & Forecast 2019-2030, (USD Million)

By Deployment

  • On Premises- Market Size & Forecast 2019-2030, (USD Million)
  • Cloud - Market Size & Forecast 2019-2030, (USD Million)

By End Users

  • BFSI- Market Size & Forecast 2019-2030, (USD Million)
  • Healthcare- Market Size & Forecast 2019-2030, (USD Million)
  • Government & Defense- Market Size & Forecast 2019-2030, (USD Million)
  • IT & ITeS- Market Size & Forecast 2019-2030, (USD Million)
  • Telecom- Market Size & Forecast 2019-2030, (USD Million)
  • Retail- Market Size & Forecast 2019-2030, (USD Million)
  • Ecommerce - Market Size & Forecast 2019-2030, (USD Million)
  • Others

By Type

  • End-To-End Email Encryption- Market Size & Forecast 2019-2030, (USD Million)
  • Gateway Email Encryption- Market Size & Forecast 2019-2030, (USD Million)
  • Hybrid Email Encryption- Market Size & Forecast 2019-2030, (USD Million)

By Enterprise Size

  • Large Enterprise - Market Size & Forecast 2019-2030, (USD Million)
  • Medium & Small Enterprise- Market Size & Forecast 2019-2030, (USD Million)

By Region

  • North America
  • South America
  • Europe
  • The Middle East & Africa
  • Asia Pacific

Browse Full Report Along with TOC and Figures - https://www.marknteladvisors.com/research-library/email-encryption-market.html

Competitive Landscape:

  • BAE Systems
  • Fortinet
  • Mimecast
  • Cisco
  • Proofpoint
  • Zoho
  • Broadcom
  • Open Text
  • Barracuda Networks  
  • Thales
  • Sophos
  • HPE
  • Trend Micro
  • Fortra
  • Seclore
  •  

The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.

*Reports Delivery Format - Market research studies from MarkNtel Advisors are offered in PDF, Excel, and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address*

Other Report:

Key Highlights of the Report:

  • Market Performance (2024-2030)
  • Strategic Recommendations
  • Current, Historical and Future Market Trends
  • Market Drivers and Leading Competitor
  • SWOT Analysis
  • Structure of the Market
  • Comprehensive Mapping and Recent Advancement

About Us –

We are a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

Contact Us –

Call +1 628 895 8081, +91 120 4278433

Email: sales@marknteladvisors.com