Email Encryption Market

Email Encryption Market by Component (Solution and Service (Training and Education, and Support and Maintenance)), Deployment Mode (On-premises and Cloud), Organization Size, Industry Vertical, and Region - Global Forecast to 2023

Report Code : TC 3895
Published ON : Mar, 2019

[144 Pages Report] The Email encryption market expected grow from USD 2.3 billion in 2018 to USD 5.8 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 20.0% during the forecast period. The increasing adoption of Bring Your Own Device (BYOD) trend among organizations, stringent regulations and need for compliance, and the introduction of cloud-based encryption solution will drive the growth of the market.

Email encryption helps in encrypting data with the use of encryption key so that the information that needs to be communicated through emails can be secured. With a steep increase in email usage for corporate as well as personal communication among individuals, sensitive information can be accessed by unidentified sources. This has encouraged businesses to adopt email encryption software to secure their data against thefts and losses. Moreover, these solutions help organizations prevent cyber-threats and attacks such as spams, malware, viruses, Business Email Compromise (BEC) attacks, zero-hour malware, and other intrusions that may expose critical enterprise information and infrastructure to risk.

Email Encryption Market

To know about the assumptions considered for the study, download the pdf brochure

Solution segment is expected to be the largest contributor to the email encryption market during the forecast period

The solution segment is expected to hold the highest market share in the market. Email encryption solutions protect sensitive and confidential data of organizations. Organizations are adopting the email encryption solution for ensuring continuous compliance. Traditional email encryption solutions are not capable of securing vital information against evolving threats, such as spams, malware, Trojan, Business Email Compromise (BEC), and phishing. Email encryption solutions are gaining traction due to the increasing demand among enterprises to effectively encrypt their internal and external email communications in order to protect critical business information and infrastructure.

Cloud deployment mode segment is expected to grow at the fastest rate in the email encryption market during the forecast period

The cloud deployment mode segment is estimated to grow at the highest CAGR during the forecast period as they help reduce overall costs, while they also provide highly flexible and scalable access to the email encryption solution through IT infrastructures hosted by cloud service providers. Enterprises are increasingly deploying their email encryption solution on cloud to improve mobility, and decentralize data storage and computing.

Banking, Financial Services, and Insurance (BFSI) industry vertical accounts for the largest market size in the email encryption market in 2018

The BFSI industry vertical is expected to hold the highest market share in the market in 2018. BFSI is the most targeted industry vertical as it deals with large volumes of sensitive and private financial data. The enterprises in this industry vertical are demanding for the email encryption solution to ensure irreversible encryption. Moreover, the BFSI industry vertical is the most regulated as it has to comply with many security requirements.

Email Encryption Market

North America is expected to hold the largest market size during the forecast period

North America is estimated to account for the highest market share in the email encryption market. Early adoption of email encryption and the presence of several vendors that provide email encryption solutions are expected to drive market growth in the region. Businesses in this region are increaisngly implementing email encryption solution for enabling data security, preventing cyber-attacks and commercial espionage, and ensuring security and privacy of data to facilitate business continuity.

Key Email Encryption Market Players

Major vendors in the email encryption market include Micro Focus (UK), Symantech (US), Cisco (US), Trend Micro (Japan), Sophos (UK), Proofpoint (US), BAE Systems (UK), Zix (US),Entrust Datacard (US), Mimecast (UK), Egress Software (UK), Intemedia (US), Virtru (US), Echoworx (Canada), Lux Sci (US), Cryptzone (US).

Trend Micro is among the leading providers of email encryption solutions across the globe. Its Research & Development (R&D) investments help in innovating its cutting-edge solutions and strengthening its portfolio. Being a well-established company, Trend Micro is equipped with a strong network of channel partners who help the company provide its offerings to a broad customer base. The company has adopted organic as well as inorganic growth strategies to remain competitive in the email encryption market. For instance, in 2017, Trend Micro enhanced its email security suite with next-generation security capabilities. The enhanced solution provided comprehensive email security to its customers. In 2017, Trend Micro expanded its business in North America by opening an office in Texas, US, which helped the company deliver its offerings in the region and expand its customer base. These strategies are helping the company in strengthening its portfolio and delivering robust offerings to its global customers

Symantec is another company that specilizes in the market. The company is growing in the market by using various strategies, including new product and service launches, partnerships, and acquisitions. These strategies are helping the company in expanding its customer base and market share in the email encryption market. For instance, in 2018, Symantec launched an email security solution on cloud to protect email information from the ever-evolving threat landscape. In 2017, Symantec signed an agreement to acquire Fireglass, a provider of web and email security solutions. With this acquisition, Symantec would further strengthen its integrated cyber defense platform and extend its leadership in secure web gateway and email protection delivered on-premises as well as on cloud.

Recent Developments

  • In January 2019, Zix acquired AppRiver, a provider of cloud-based cybersecurity services, for USD 275 million. This acquisition would help Zix Corporation to boost its existing email security product portfolio.
  • In June 2018, Sophos launched Sophos Email Advanced, an email protection solution. The solution would provide enterprises with Active Threat Protection, anti-phishing email authentication, and outbound scanning to protect their network infrastructures.
  • In June 2017, Cisco partnered with McAfee to integrate its Email Security Appliance (ESA) with McAfee’s Advanced Threat Defense (ATD) for offering improved email security. This improved email security would protect from advanced zero-day threats.

Key Questions addressed by the report

  • What are new market segments to focus over the next 2–5 years for prioritizing the efforts and investments?
  • Which are the key players in the market and how intense is the competition?
  • What are the new innovations and developments done by the major market players?
  • What are the driving factors, opportunities, restraints, and challenges that drive or hamper the growth of the Email Encryption Market?
  • What are the regulatory implications that impact the market directly and indirectly?

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

Table of Contents

1 Introduction (Page No. - 17)
    1.1 Objectives of the Email Encryption Market Study
    1.2 Market Definition
    1.3 Market Segmentation
    1.4 Regions Covered
    1.5 Years Considered for the Study
    1.6 Currency Considered
    1.7 Stakeholders

2 Research Methodology (Page No. - 21)
    2.1 Research Data
           2.1.1 Secondary Data
           2.1.2 Primary Data
                    2.1.2.1 Breakup of Primaries
                    2.1.2.2 Key Industry Insights
    2.2 Email Encryption Market Size Estimation
           2.2.1 Bottom-Up Approach
           2.2.2 Top-Down Approach
    2.3 Market Forecast
    2.4 Research Assumptions
    2.5 Limitations of the Study

3 Executive Summary (Page No. - 31)

4 Premium Insights (Page No. - 35)
    4.1 Attractive Market Opportunities in the Email Encryption Market
    4.2 Market, Market Share of Top 3 Industry Verticals and Regions, 2018
    4.3 Market, By Component, 2018 vs 2023
    4.4 Email Encryption Market, By Service, 2018 vs 2023
    4.5 Market, By Deployment Mode, 2018
    4.6 Market, By Organization Size, 2018
    4.7Market, By Industry Vertical, 2018 vs 2023
    4.8 Market Investment Scenario

5 Email Encryption Market Overview and Industry Trends (Page No. - 40)
    5.1 Introduction
    5.2 Regulatory Implications
           5.2.1 Advanced Encryption Standards
           5.2.2 Federal Information Processing Standards
           5.2.3 Payment Card Industry Data Security Standard
           5.2.4 Health Insurance Portability and Accountability Act
           5.2.5 General Data Protection Regulation
           5.2.6 Gramm-Leach-Bliley Act
    5.3 Encryption Algorithms
           5.3.1 Data Encryption Standard and Triple Data Encryption Standard
           5.3.2 Advanced Encryption Standard
           5.3.3 Aes-256 Bit Encryption
           5.3.4 Aes-128 Bit Encryption
           5.3.5 Xxtea-128 Bit Encryption
           5.3.6 Rsa
           5.3.7 Blowfish
           5.3.8 Twofish
    5.4 Market Dynamics
           5.4.1 Drivers
                    5.4.1.1 Rise in Business Email Compromise Scams and Spear Phishing
                    5.4.1.2 Mandate to Comply With Data Protection Directives
           5.4.2 Restraints
                    5.4.2.1 High Cost of Email Encryption Solutions
           5.4.3 Opportunities
                    5.4.3.1 Need to Shift From Traditional Encryption Tools for Advanced Data Security
                    5.4.3.2 Increase in Adoption of Multi-Cloud Services
           5.4.4 Challenges
                    5.4.4.1 Requirement of Key Management and Verification Solutions for Encrypting Keys
    5.5 Use Cases
           5.5.1 Adoption of Email Encryption Solution Among Leading Financial Service Providers
           5.5.2 Adoption of Email Encryption Solution Among Retail Companies
           5.5.3 Dependence of Government Agency on Email Encryption Solution and Services
    5.6 Best Practices in Email Encryption Market
    5.7 Innovation Spotlight
           5.7.1 Paubox
           5.7.2 Sendinc
           5.7.3 Frama

6 Email Encryption Market, By Type (Page No. - 50)
    6.1 End-To-End Email Encryption
    6.2 Gateway Email Encryption
    6.3 Boundary Email Encryption
    6.4 Hybrid Email Encryption
    6.5 Client Plugins

7 Email Encryption Market, By Component (Page No. - 52)
    7.1 Introduction
    7.2 Solution
           7.2.1 Asia Pacific to Record Highest Growth Rate in Solution Segment
    7.3 Services
           7.3.1 Training and Education
                    7.3.1.1 Growing Need Among Enterprises for Eliminating Knowledge Gaps to Boost Growth of Training and Education Services
           7.3.2 Support and Maintenance
                    7.3.2.1 Support and Maintenance Services to Continue to Gain Popularity During the Forecast Period

8 Email Encryption Market, By Deployment Mode (Page No. - 59)
    8.1 Introduction
    8.2 0n-Premises
           8.2.1 On-Premises Deployment Model to Enable Organizations to Manage System Updates and Data on their Own
    8.3 Cloud
           8.3.1 Cost-Effectiveness of Cloud-Based Offerings to Drive Adoption of Email Encryptiopn Solution

9 Email Encryption Market, By Organization Size (Page No. - 63)
    9.1 Introduction
    9.2 Small and Medium-Sized Enterprises
           9.2.1 Rising Adoption of Email Encryption Solution Among Small and Medium-Sized Enterprises to Cost-Effectively Streamline Business Operations
    9.3 Large Enterprises
           9.3.1 Availability of Huge Infrastructures to Drive Large Enterprises to Adopt Email Encryption Solution

10 Email Encryption Market, By Industry Vertical (Page No. - 67)
     10.1 Introduction
     10.2 Banking, Financial Services, and Insurance
             10.2.1 Increasing Instances and Sophistication of Spear Phishing Attacks in Financial Transactions to Fuel Growth of Market
     10.3 Government and Defense
             10.3.1 Growing Need to Protect Sensitive Credentials of Citizens and Employees to Boost Market Growth in Government and Defense Industry Vertical
     10.4 IT and Telecom
             10.4.1 IT and Telecom Companies Deploy Email Encryption Solution to Address Challenges Related to Security and Privacy of Digital Identities
     10.5 Healthcare
             10.5.1 Rising Security Breaches to Drive Need for Email Encryption Solution in Healthcare Industry Vertical
     10.6 Manufacturing
             10.6.1 Manufacturing Industry Vertical to Deploy Email Encryption Solution for Addressing Challenges Related to Security and Privacy of Email Data
     10.7 Energy and Utilities
             10.7.1 Email Encryption Solution to Enhance Operational Efficiency and Mitigate Potential Spear Phishing Attacks in Energy and Utilities Industry Vertical
     10.8 Retail
             10.8.1 Retail Industry Vertical to Adopt Email Encryption Solution for Protecting Confidential and Private Information of Customers
     10.9 Others

11 Email Encryption Market, By Region (Page No. - 77)
     11.1 Introduction
     11.2 North America
             11.2.1 United States
                        11.2.1.1 The United States to Contribute the Highest Market Share to Email Encryption Market in North America
             11.2.2 Canada
                        11.2.2.1 Adoption of Email Encryption Solution Across Industry Verticals to Drive Market Growth in Canada
     11.3 Europe
             11.3.1 United Kingdom
                        11.3.1.1 Focus on Securing Users’ Data and Addressing General Data Protection Regulation Requirements to Drive Market in the United Kingdom
             11.3.2 Germany
                        11.3.2.1 Increasing Instances of Spear Phishing Attacks and Internet thefts to Increase Demand for Email Encryption Solution in Germany
             11.3.3 Rest of Europe
     11.4 Asia Pacific
             11.4.1 China
                        11.4.1.1 Increasing Investments in Email Encryption Solution to Spur Demand for Email Encryption Solution in China
             11.4.2 India
                        11.4.2.1 Need for Securing Confidential Information to Drive Growth of Email Encryption Market in India
             11.4.3 Australia and New Zealand
                        11.4.3.1 Rising Data Leakage Instances Across Australia and New Zealand to Boost Growth of Market in Australia and New Zealand
             11.4.4 Rest of Asia Pacific
     11.5 Middle East and Africa
             11.5.1 Middle East
                        11.5.1.1 Growing Awareness of Compliance Management to Boost Growth of Market in Middle East
             11.5.2 Africa
                        11.5.2.1 Increase in Number of Tech Ventures to Lead to Growth of Email Encryption Market in Africa
     11.6 Latin America
             11.6.1 Mexico
                        11.6.1.1 Rise in the Adoption of Cloud-Based Solution and Services to Fuel Growth of Email Encryption Solution in Mexico
             11.6.2 Brazil
                        11.6.2.1 Rapid Surge in Usage of Emails for Sharing Confidential Messages Among Customers to Increase Demand for Email Encryption Solution in Brazil
             11.6.3 Rest of Latin America

12 Competitive Landscape (Page No. - 100)
     12.1 Competitive Leadership Mapping
             12.1.1 Visionary Leaders
             12.1.2 Innovators
             12.1.3 Dynamic Differentiators
             12.1.4 Emerging Players
     12.2 Key Developments in Email Encryption Market
     12.3 Competitive Scenario
             12.3.1 Partnerships, Agreements, and Collaborations
             12.3.2 New Product Launches/Product Enhancements
             12.3.3 Mergers and Acquisitions
             12.3.4 Business Expansions

13 Company Profiles (Page No. - 107)
     13.1 Introduction
(Business Overview, Solutions & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View)*
     13.2 Micro Focus
     13.3 Symantec
     13.4 Cisco
     13.5 Trend Micro
     13.6 Sophos
     13.7 Proofpoint
     13.8 BAE Systems
     13.9 ZIX
     13.10 Entrust Datacard
     13.11 Mimecast
     13.12 Egress Software
     13.13 Intermedia
     13.14 Virtru
     13.15 Lux Scientiae (Lux Sci)
     13.16 Cryptzone
     13.17 Echoworx

*Details on Business Overview, Solutions & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.

14 Appendix (Page No. - 138)
     14.1 Discussion Guide
     14.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
     14.3 Available Customizations
     14.4 Related Reports
     14.5 Author Details


List of Tables (60 Tables)
 
Table 1 United States Dollar Exchange Rate, 2015–2017
Table 2 Factor Analysis
Table 3 Email Encryption Market Size and Growth, 2016–2023 (USD Million, Y-O-Y %)
Table 4 Email Encryption: Best Practices
Table 5 Market Size, By Component, 2016–2023 (USD Million)
Table 6 Solution: Market Size, By Region, 2016–2023 (USD Million)
Table 7 Services: Email Encryption Market Size, By Region, 2016–2023 (USD Million)
Table 8 Market Size, By Service, 2016–2023 (USD Million)
Table 9 Training and Education Market Size, By Region, 2016–2023 (USD Million)
Table 10 Support and Maintenance Market Size, By Region, 2016–2023 (USD Million)
Table 11 Email Encryption Market Size, By Deployment Mode, 2016–2023 (USD Million)
Table 12 On-Premises: Market Size, By Region, 2016–2023 (USD Million)
Table 13 Cloud: Market Size, By Region, 2016–2023 (USD Million)
Table 14 Market Size, By Organization Size, 2016–2023 (USD Million)
Table 15 Small and Medium-Sized Enterprises: Market Size, By Region, 2016–2023 (USD Million)
Table 16 Large Enterprises: Market Size, By Region, 2016–2023 (USD Million)
Table 17 Email Encryption Market Size, By Industry Vertical, 2016–2023 (USD Million)
Table 18 Banking, Financial Services, and Insurance: Market Size, By Region, 2016–2023 (USD Million)
Table 19 Government and Defense: Market Size, By Region, 2016–2023 (USD Million)
Table 20 IT and Telecom: Market Size, By Region, 2016–2023 (USD Million)
Table 21 Healthcare:Email Encryption Market Size, By Region, 2016–2023 (USD Million)
Table 22 Manufacturing: Market Size, By Region, 2016–2023 (USD Million)
Table 23 Energy and Utilities: Market Size, By Region, 2016–2023 (USD Million)
Table 24 Retail: Market Size, By Region, 2016–2023 (USD Million)
Table 25 Others: Market Size, By Region, 2016–2023 (USD Million)
Table 26 Email Encryption Market Size, By Region, 2016–2023 (USD Million)
Table 27 North America: Market Size, By Component, 2016–2023 (USD Million)
Table 28 North America: Market Size, By Service, 2016–2023 (USD Million)
Table 29 North America: Email Encryption Market Size, By Deployment Mode, 2016–2023 (USD Million)
Table 30 North America: Market Size, By Organization Size, 2016–2023 (USD Million)
Table 31 North America: Market Size, By Industry Vertical, 2016–2023 (USD Million)
Table 32 North America: Market Size, By Country, 2016–2023 (USD Million)
Table 33 Europe: Email Encryption Market Size, By Component, 2016–2023 (USD Million)
Table 34 Europe: Market Size, By Service, 2016–2023 (USD Million)
Table 35 Europe: Market Size, By Deployment Mode, 2016–2023 (USD Million)
Table 36 Europe: Email Encryption Market Size, By Organization Size, 2016–2023 (USD Million)
Table 37 Europe: Market Size, By Industry Vertical, 2016–2023 (USD Million)
Table 38 Europe: Market Size, By Country, 2016–2023 (USD Million)
Table 39 Asia Pacific: Email Encryption Market Size, By Component, 2016–2023 (USD Million)
Table 40 Asia Pacific: Market Size, By Service, 2016–2023 (USD Million)
Table 41 Asia Pacific: Market Size, By Deployment Mode, 2016–2023 (USD Million)
Table 42 Asia Pacific: Email Encryption Market Size, By Organization Size, 2016–2023 (USD Million)
Table 43 Asia Pacific: Market Size, By Industry Vertical, 2016–2023 (USD Million)
Table 44 Asia Pacific: Market Size, By Country, 2016–2023 (USD Million)
Table 45 Middle East and Africa: Market Size, By Component, 2016–2023 (USD Million)
Table 46 Middle East and Africa: Market Size, By Service, 2016–2023 (USD Million)
Table 47 Middle East and Africa: Email Encryption Market Size, By Deployment Mode, 2016–2023 (USD Million)
Table 48 Middle East and Africa: Market Size, By Organization Size, 2016–2023 (USD Million)
Table 49 Middle East and Africa: Market Size, By Industry Vertical, 2016–2023 (USD Million)
Table 50 Middle East and Africa: Market Size, By Sub-Region, 2016–2023 (USD Million)
Table 51 Latin America: Email Encryption Market Size, By Component, 2016–2023 (USD Million)
Table 52 Latin America: Market Size, By Service, 2016–2023 (USD Million)
Table 53 Latin America: Market Size, By Deployment Mode, 2016–2023 (USD Million)
Table 54 Latin America: Market Size, By Organization Size, 2016–2023 (USD Million)
Table 55 Latin America: Market Size, By Industry Vertical, 2016–2023 (USD Million)
Table 56 Latin America: Email Encryption Market Size, By Country, 2016–2023 (USD Million)
Table 57 Partnerships, Agreements, and Collaborations, 2016–2018
Table 58 New Product Launches/Product Enhancements, 2018
Table 59 Mergers and Acquisitions, 2016–2019
Table 60 Business Expansions, 2016–2017

List of Figures (42 Figures)

Figure 1 Email Encryption Market: Research Design
Figure 2 Market: Research Methodology
Figure 3 Market Breakup and Data Triangulation
Figure 4 Email Encryption Market Size Estimation Methodology: Bottom-Up and Top-Down Approaches
Figure 5 Market to Witness Significant Growth in the Global Market During the Forecast Period
Figure 6 North America to Hold the Highest Market Share in 2018
Figure 7 Fastest-Growing Segments of the Email Encryption Market
Figure 8 Increasing Instances of Email Phishing and Spams to Drive the Demand for Email Encryption Solution
Figure 9 Banking, Financial Services, and Insurance Industry Vertical and North America to Hold Highest Market Shares in 2018
Figure 10 Services Segment to Grow at A Higher CAGR During the Forecast Period
Figure 11 Training and Education Segment to Grow at A Higher CAGR During the Forecast Period
Figure 12 On-Premises Deployment Mode to Hold A Higher Market Share in 2018
Figure 13 Large Enterprises Segment to Hold A Higher Market Share in 2018
Figure 14 Healthcare Industry Vertical to Grow at the Highest CAGR During the Forecast Period
Figure 15 Asia Pacific to Emerge as the Best Market for Investments in the Next 5 Years
Figure 16 Drivers, Restraints, Opportunities, and Challenges: Email Encryption Market
Figure 17 Services Segment to Grow at A Higher CAGR During the Forecast Period
Figure 18 Training and Education Segment to Grow at A Higher CAGR During the Forecast Period
Figure 19 Cloud Deployment Mode to Grow at A Higher CAGR During the Forecast Period
Figure 20 Small and Medium-Sized Enterprises Segment to Grow at A Higher CAGR During the Forecast Period
Figure 21 Healthcare Industry Vertical to Grow at the Highest CAGR During the Forecast Period
Figure 22 Asia Pacific to Grow at the Highest CAGR During the Forecast Period
Figure 23 North America: Email Encryption Market Snapshot
Figure 24 Asia Pacific: Market Snapshot
Figure 25 Market (Global) Competitive Leadership Mapping, 2018
Figure 26 Key Developments By the Leading Players in the Market, 2016–2018
Figure 27 Market Evaluation Framework
Figure 28 Geographic Revenue Mix of Major Players in the Email Encryption Market
Figure 29 Micro Focus: Company Snapshot
Figure 30 SWOT Analysis: Micro Focus
Figure 31 Symantec: Company Snapshot
Figure 32 SWOT Analysis: Symantec
Figure 33 Cisco: Company Snapshot
Figure 34 SWOT Analysis: Cisco
Figure 35 Trend Micro: Company Snapshot
Figure 36 SWOT Analysis: Trend Micro
Figure 37 Sophos: Company Snapshot
Figure 38 SWOT Analysis: Sophos
Figure 39 Proofpoint: Company Snapshot
Figure 40 BAE Systems: Company Snapshot
Figure 41 ZIX: Company Snapshot
Figure 42 Mimecast: Company Snapshot

The study involved 4 major activities to estimate the current market size for the email encryption market. Exhaustive secondary research was done to collect information on the market, peer market, and parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter, market breakdown and data triangulation were used to estimate the market size of segments and subsegments.

Secondary Research

The market size of companies offering email encryption solutions globally was derived with the help of the secondary data available through paid and unpaid sources. In the secondary research process, various secondary sources such as D&B Hoovers, Bloomberg BusinessWeek, and Factiva have been referred to for identifying and collecting information for this study. The secondary sources included annual reports, press releases, and investor presentations of companies; white papers, journals, and certified publications; and articles from recognized authors, directories, and databases. Secondary research was mainly used to obtain key information about the industry’s supply chain, the total pool of key players, market classification and segmentation according to the industry trends to the bottom-most level, regional markets, and key developments from both market and technology-oriented perspectives, all of which were further validated by primary sources.

Primary Research

The email encryption market comprises several stakeholders such as email encryption solution vendors, government agencies, open source providers, Independent Software Vendors (ISVs), Internet service providers, cloud service providers, third-party providers, system integrators, Value-Added Resellers (VARs), Information Technology (IT) security agencies, and research organizations. The primary sources included industry experts from the core and related verticals, and preferred suppliers, manufacturers, distributors, service providers, technology developers, and technologists from companies and organizations related to all the segments of the email encryption market’s value chain. In-depth interviews were conducted with various primary respondents, including Chief Executive Officers (CEOs), Vice Presidents (VPs), marketing directors, technology, email encryption experts, email security experts, and innovation directors, and related key executives from various key companies and organizations operating in the market, to obtain and verify critical qualitative and quantitative information, as well as assess the market’s prospects. The market was estimated by analyzing various driving factors, restraints, opportunities, challenges, industry trends, and key players’ strategies in the market space.

Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information.

The following figure depicts the breakup of primary respondents’ profiles:

Email Encryption Market

Market Size Estimation

Both top-down and bottom-up approaches were used to estimate and validate the total size of the email encryption market. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:

  • The key players in the industry and markets have been identified through extensive secondary research.
  • The industry’s supply chain and market size, in terms of value, have been determined through primary and secondary research processes.
  • All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation

After arriving at the overall market sizeusing the market size estimation processes as explained above the market was split into several segments and subsegments. In order to complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, the data triangulation and market breakdown procedures were employed, wherever applicable. Extensive qualitative and quantitative analyses were performed on the complete market engineering process to list the key information/insights throughout the report.

Report Objectives

  • To define, segment, and project the global market size for email encryption market
  • To define, describe, and forecast the market by component (solution and service), deployment mode, organization size, industry vertical, and region
  • To provide detailed information about the major factors (drivers, restraints, opportunities, and challenges) influencing the growth of the market
  • To analyze the micromarkets with respect to the individual growth trends, prospects, and contributions to the overall market
  • To analyze market opportunities for stakeholders by identifying the high-growth segments of the market
  • To forecast the market size of the segments with respect to regions, such as North America, Europe, APAC, MEA, and Latin America
  • To profile the key players in the email encryption market and comprehensively analyze their market size and core competencies
  • To track and analyze competitive developments such as new product launches, mergers and acquisitions, and partnerships, agreements, and collaborations in the global market

Scope of the Report

Report Metric

Details

Market size available for years

2016–2023

Base year considered

2017

Forecast period

2018–2023

Forecast units

Value (USD)

Segments covered

Component (Solution and Service), Deployment Mode, Organization Size, Industry Vertical, and Region

Geographies covered

North America, Europe, APAC, MEA, and Latin America

Companies Covered

Micro Focus (UK), Symantech (US), Cisco (US), Trend Micro (Japan), Sophos (UK), Proofpoint (US), BAE Systems (UK), Zix (US),Entrust Datacard (US), Mimecast (UK), Egress Software (UK), Intemedia (US), Virtru (US), Echoworx (Canada), Lux Sci (US), and Cryptzone (US)

This research report categorizes the market based on component (solution and service), deployment mode, organization size, industry vertical, and region.

On the basis of Component, the email encryption market has been segmented as follows:

  • Solution
  • Services
    • Training and Education
    • Support and Maintenance

On the basis of Deployment mode, the email encryption market has been segmented as follows:

  • On-premises
  • Cloud

On the basis of Organization size, the market has been segmented as follows:

  • SMEs
  • Large Enterprises

On the basis of vertical, the email encryption market has been segmented as follows:

  • BFSI
  • Government and Defense
  • IT and Telecom
  • Energy and Utilities
  • Manufacturing
  • Retail
  • Healthcare
  • Others (Media & Entertainment, Education, and Travel and Transportation)

On the basis of Region, the email encryption market has been segmented as follows:

  • North America
    • United States (US)
    • Canada
  • Europe
    • United Kingdom (UK)
    • Germany
    • Rest of Europe
  • Asia Pacific (APAC)
    • China
    • India
    • Australia and New Zealand (ANZ)
    • Rest of APAC
  • Middle East and Africa (MEA)
    • Middle East
    • Africa
  • Latin America
    • Mexico
    • Brazil
    • Rest of Latin America

Available Customizations

With the given market data, MarketsandMarkets offers customizations as per the company’s specific needs. The following customization options are available for the report:

Product Analysis

  • Product matrix that gives the detailed comparison of the product portfolio of each company

Geographic Analysis

  • Further breakup of the North American email encryption market
  • Further breakup of the European market
  • Further breakup of the APAC market
  • Further breakup of the MEA market
  • Further breakup of the Latin American market

Company Information

  • Detailed analysis and profiling of the additional market players
  • SHARE
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Email Encryption Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
REQUEST A FREE WORKSHOP
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
ONLINE CHAT
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
© MarketsandMarkets Research Private Ltd. All rights reserved
...

Digital Virtual Assistant - MarketsandMarkets

...

Digital Virtual Assistant - MarketsandMarkets

Home