Email Encryption Market Report: Trends, Forecast and Competitive Analysis to 2030

Email Encryption Trends and Forecast

The future of the global email encryption market looks promising with opportunities in the BFSI, retail, healthcare, IT & telecom, and manufacturing markets. The global email encryption market is expected to reach an estimated $24.14 billion by 2030 with a CAGR of 22.0% from 2024 to 2030. The major drivers for this market are growing need for secure forms of communication, acceleration of rate of developing new solutions, and An rise in BEC thefts, spear-phishing instances, and email data leaks.

A more than 150-page report is developed to help in your business decisions.

Email Encryption by Segment

The study includes a forecast for the global email encryption by component, deployment, end use industry, and region.

Email Encryption Market by Component [Shipment Analysis by Value from 2018 to 2030]:

• Solution
• Services

Email Encryption Market by Deployment [Shipment Analysis by Value from 2018 to 2030]:

• Cloud
• On-Premises

Email Encryption Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:

• BFSI
• Retail
• Healthcare
• IT & Telecom
• Manufacturing
• Others

Email Encryption Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Email Encryption Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies email encryption companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the email encryption companies profiled in this report include-

• Symantec
• Sophos
• Micro Focus
• Cisco Systems
• Proofpoint
• BAE Systems
• ZIX
• Entrust Datacard
• Mimecast
• Trend Micro

Email Encryption Market Insights

Lucintel forecasts that cloud will remain the largest segment over the forecast period due to savings over an extended period.

Within this market, BFSI will remain the largest segment due to it manages a substantial amount of confidential and sensitive financial data.

North America will remain the largest region over the forecast period due to early embrace of email encryption and the presence of numerous providers offering email encryption solutions.

Features of the Global Email Encryption Market

Market Size Estimates: Email encryption market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Email encryption market size by component, deployment, end use industry, and region in terms of value ($B).

Regional Analysis: Email encryption market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different component, deployment, end use industry, and regions for the email encryption market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the email encryption market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the email encryption market size?

Answer: The global email encryption market is expected to reach an estimated $24.14 billion by 2030.

Q2. What is the growth forecast for email encryption market?

Answer: The global email encryption market is expected to grow with a CAGR of 22.0% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the email encryption market?

Answer: The major drivers for this market are growing need for secure forms of communication, acceleration of rate of developing new solutions, and An rise in BEC thefts, spear-phishing instances, and email data leaks.

Q4. What are the major segments for email encryption market?

Answer: The future of the email encryption market looks promising with opportunities in the BFSI, retail, healthcare, IT & telecom, and manufacturing markets.

Q5. Who are the key email encryption market companies?

Answer: Some of the key email encryption companies are as follows.

• Symantec
• Sophos
• Micro Focus
• Cisco Systems
• Proofpoint
• BAE Systems
• ZIX
• Entrust Datacard
• Mimecast
• Trend Micro

Q6. Which email encryption market segment will be the largest in future?

Answer: Lucintel forecasts that cloud will remain the largest segment over the forecast period due to savings over an extended period.

Q7. In email encryption market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region over the forecast period due to early embrace of email encryption and the presence of numerous providers offering email encryption solutions.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the email encryption market by component (solution and services), deployment (cloud and on-premises), end use industry (BFSI, retail, healthcare, IT & telecom, manufacturing, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?