PUBLISHER: Grand View Research | PRODUCT CODE: 1772625
PUBLISHER: Grand View Research | PRODUCT CODE: 1772625
The global messaging security market size is expected to reach USD 27.67 billion by 2033, according to a new study by Grand View Research, Inc. The market is expected to witness a CAGR of 13.0% from 2025 to 2033, owing to increasing demand for cloud-based secure messaging products and solutions is driving the growth of the market. This can be attributed to the increasing popularity of Software-as-a-Service (SaaS) and virtual appliance-based solutions
Organizations are increasingly utilizing instant messaging applications for external and internal communication, as they are a faster and cheaper mode of communication. However, with the accelerating adoption of this mode of communication, it becomes increasingly important to secure the messaging infrastructure as the communication environment is no longer secure. Hence, it is highly vulnerable to external threats.
Moreover, the increasing adoption of mobile devices is acting as another key driving factor contributing to market growth. The accelerating demand for mobile devices for smoother communication amongst enterprises and its employees, through a network protected against threats, is paving the way for the adoption of secure messaging solutions and thus, facilitating secure access to critical enterprise information.