The global email encryption market is projected to grow at a significant CAGR of over 18% during the forecast period. The market growth is influenced by the presence of key players actively present in the market. The players are offering email encryption solutions to meet the growing need of business organizations.
For instance, Cisco Systems is providing many products in the email encryption market. The company has offered various solutions in the email encryption market with the help of technology integrators, resellers, and induvial software vendors. The main aim of Cisco is to develop and provide security solutions not only to guard the digital economy but also to create competitive advantages.
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The players in the market are adopting various strategies such as product launches and expansion, partnerships and collaborations, and others to sustain themselves in the competitive market. For instance:
- In February 2021, Mimecast entered into a strategic partnership with Netskope, a cloud security vendor to enable businesses to secure cloud services and emails using enterprise-grade DLP solutions.
- In January 2020, MicroFocus has introduced smart ciphe. This product ensures secure file encryptions and collaborations of files on different platforms. This solution provides more enhanced security and improved privacy with unstructured file encryption.
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Market Coverage
- Segment Covered-
o By Deployment Type
o By End-User
- Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
- Competitive Landscape- Cisco Systems Inc., ProofPoint Inc., Trend Micro Inc., and Micro Focus International Plc
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Email Encryption Market – Segmentation
By Deployment
- On-Premise
- Cloud-Based
By End-Users
- BFSI
- Healthcare
- Government & Defense
- IT & Telcom
- Others
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