Home / IT & Telecom / Email Encryption Market By End Use (Information Technology and Telecom, Government, Banking, Financial Services and Insurance, Defense and Intelligence, Retail, Healthcare, and Others (Aerospace, Manufacturing, etc), By Deployment (On-demand and On-premise)) - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2016 - 2023

Email Encryption Market By End Use (Information Technology and Telecom, Government, Banking, Financial Services and Insurance, Defense and Intelligence, Retail, Healthcare, and Others (Aerospace, Manufacturing, etc), By Deployment (On-demand and On-premise)) - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2016 - 2023

Published: Jul 2016 | Report Code: 58014-07-16

The growing integration of web-based technologies in business processes have led to increased cyber-criminal activities and threats in form of email attacks. This, in turn has encouraged business enterprises to invest in web security and email encryption solutions. The proliferation of mobile devices such as tablets and smartphones is an obvious driver of the BYOD concept which has boosted the use of wireless network, thereby augmenting possibilities of malware attacks. Thus, rise in the implementation of BYOD policies has been instrumental in driving the adoption of email encryption solutions among enterprises. The proliferation of cloud computing, web-based applications, and enterprise mobility have collectively paved the way for email encryption solutions to emerge as one of the most crucial solutions to drive business processes. These factors are expected to contribute towards a double digit compounded annual growth rate (CAGR) during the forecast period 2016 – 2023. However, high initial cost and low awareness regarding the benefits offered by these solutions are some of challenges faced by the market. The email encryption market is expected to exceed US$ 2.74 Bn by 2023, expanding at a CAGR of 22.7% between 2016 and 2023.

Email Encryption Market
 

1.1    Report Scope

This report analyzes the global email encryption market in terms of deployment type, end-use verticals, and geographical distribution. On the basis of deployment type, the market is segmented into on-premise, and on-demand (cloud-based). Similarly, on the basis of end-use, the global email encryption market is further classified into IT and telecom, government, BFSI, retail, defense and intelligence, healthcare, and other application segments (aerospace, manufacturing, etc.). The geographical distribution of the global email encryption market considered in this study encompasses regional markets such as North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.

1.2    Report Description

Purpose of the Report

The purpose of this strategic research study titled “Global Email Encryption Market- Growth, Share, Opportunities, and Competitive Analysis, 2016 – 2023” is to offer industry investors, company executives, and industry participants with in-depth insights to enable them make informed strategic decisions related to the opportunities in the global email security market.

Target Audience

  • Industry Investors
  • Email Encryption Software Developers
  • Other Web Security Solution Providers
  • Business Organizations
  • Government and Federal Agencies

USP and Key Offerings

The report titled “Global Email Encryption Market- Growth, Share, Opportunities, and Competitive Analysis, 2016 – 2023” offers strategic insights into the global email encryption market along with the market size and estimates for the duration 2013 to 2022. The said research study covers in-depth analysis of multiple market segments based on deployment, end-users, and cross-sectional study across different geographies. In order to help strategic decision makers, the report also includes competitive profiling of the leading email encryption solution providers, their SCOT (Strength, Challenges, Opportunities, and Weaknesses) analysis, market positioning, and key developments. Other in-depth analysis provided in the report includes:

  • Current and future market trends to justify the forthcoming attractive markets within the email encryption market
  • Market fuelers, market impediments, and their impact on the market growth
  • In-depth competitive environment analysis
  • Ecosystem Analysis
  • SRC (Segment-Region-Country) Analysis

Overall, the research study provides a holistic view of the global email encryption market, offering market size and estimates for the period from 2014 to 2023, keeping in mind the above mentioned factors.

1. Preface
1.1. Report Description
1.2. Report Scope
1.3. Research Methodology
1.3.1. Phase I-Secondary Research
1.3.2. Phase II-Primary Research
1.3.3. Phase II-Expert Panel Review
1.3.4. Assumptions
1.3.5. Approach Adopted

2. Executive Summary
2.1. Email Encryption Market Industry Snapshot

3. Global Email Encryption Market Analysis
3.1. Email Encryption Market Overview
3.2. Market Inclination Insights
3.3. Market Dynamics
3.3.1. Market Drivers
3.3.2. Restraints
3.3.3. Opportunity Matrix
3.4. See-Saw Analysis
3.5. Ecosystem Analysis
3.6. Attractive Investment Proposition
3.7. Market Positioning of Key Industry Vendors
3.7.1. Key Strategies Adopted
3.7.2. Analyst Recommendations

4. Global Email Encryption Market By Deployment Type, 2014 – 2022 (US$ Bn)
4.1. Pac-Man Analysis
4.2. On-premise
4.3. On-demand

5. Global Email Encryption Market By End-use Verticals, 2014 – 2022 (US$ Bn)
5.1. Tornado Analysis
5.2. IT (Information Technology) and Telecom
5.3. Government
5.4. Banking, Financial Services and Insurance
5.5. Defense and Intelligence
5.6. Retail
5.7. Healthcare
5.8. Others (Aerospace, Manufacturing, etc.)

6. North America Email Encryption Market, 2014 – 2022 (US$ Bn)
6.1. Overview
6.2. North America Email Encryption Market By Deployment Type, 2014 – 2022 (US$ Bn)
6.2.1. On-premise
6.2.2. On-demand
6.3. North America Email Encryption Market By End-use Verticals, 2014 – 2022 (US$ Bn)
6.3.1. IT (Information Technology) and Telecom
6.3.2. Government
6.3.3. Banking, Financial Services and Insurance
6.3.4. Defense and Intelligence
6.3.5. Retail
6.3.6. Healthcare
6.3.7. Others (Aerospace, Manufacturing, etc.)
6.4. North America Email Encryption Market, By Country 2014 – 2022 (US$ Bn)
6.4.1. U.S.
6.4.2. Rest of North America

7. Europe Email Encryption Market, 2014 – 2022 (US$ Bn)
7.1. Overview
7.2. Europe Email Encryption Market By Deployment Type, 2014 – 2022 (US$ Bn)
7.2.1. On-premise
7.2.2. On-demand
7.3. Europe Email Encryption Market By End-use Verticals, 2014 – 2022 (US$ Bn)
7.3.1. IT (Information Technology) and Telecom
7.3.2. Government
7.3.3. Banking, Financial Services and Insurance
7.3.4. Defense and Intelligence
7.3.5. Retail
7.3.6. Healthcare
7.3.7. Others (Aerospace, Manufacturing, etc.)
7.4. Europe Email Encryption Market, By Region 2014 – 2022 (US$ Bn)
7.4.1. U.K.
7.4.2. France
7.4.3. Germany
7.4.4. Rest of Europe

8. Asia Pacific Email Encryption Market, 2014 – 2022 (US$ Bn)
8.1. Overview
8.2. Asia Pacific Email Encryption Market By Deployment Type, 2014 – 2022 (US$ Bn)
8.2.1. On-premise
8.2.2. On-demand
8.3. Asia Pacific Email Encryption Market By End-use Verticals, 2014 – 2022 (US$ Bn)
8.3.1. IT (Information Technology) and Telecom
8.3.2. Government
8.3.3. Banking, Financial Services and Insurance
8.3.4. Defense and Intelligence
8.3.5. Retail
8.3.6. Healthcare
8.3.7. Others (Aerospace, Manufacturing, etc.)
8.4. Asia Pacific Email Encryption Market, By Country 2014 – 2022 (US$ Bn)
8.4.1. China
8.4.2. Japan
8.4.3. India
8.4.4. South Korea
8.4.5. Rest of Asia Pacific

9. Rest of World Email Encryption Market, 2014 – 2022 (US$ Bn)
9.1. Overview
9.2. Rest of World Email Encryption Market By Deployment Type, 2014 – 2022 (US$ Bn)
9.2.1. On-premise
9.2.2. On-demand
9.3. Rest of World Email Encryption Market By End-use Verticals, 2014 – 2022 (US$ Bn)
9.3.1. IT (Information Technology) and Telecom
9.3.2. Government
9.3.3. Banking, Financial Services and Insurance
9.3.4. Defense and Intelligence
9.3.5. Retail
9.3.6. Healthcare
9.3.7. Others (Aerospace, Manufacturing, etc.)
9.4. Rest of World Email Encryption Market, By Region 2014 – 2022 (US$ Bn)
9.4.1. Latin America
9.4.2. Middle East and Africa

10. Profiles
10.1. McAfee, Inc.
10.2. Cisco Systems, Inc.
10.3. Trend Micro, Inc.
10.4. Hewlett Packard
10.5. Symantec Corporation
10.6. ZIX Corporation
10.7. Proofpoint
10.8. Entrust, Inc.
10.9. Sophos Ltd.
10.10. Microsoft Corporation
10.11. Egress Software Technologies
10.12. WatchGuard Technologies

List of Figures

FIG. 1 Global Email Encryption: Market Segmentation
FIG. 2 Global Email Encryption Market: Research Methodology
FIG. 3 Top-Down and Bottom Up Approach
FIG. 4 Global Email Encryption Market, By Deployment, 2015 (US$ Bn)
FIG. 5 Global Email Encryption Market, By End-use Application, 2015 (US$ Bn)
FIG. 6 Global Email Encryption Market, By Geography, 2015 (US$ Bn)
FIG. 7 Global Email Encryption Market Revenue and Growth, 2014 - 2023, (US$ Bn and % Y-o-Y)
FIG. 8 See-Saw Analysis : Global Email Encryption Market
FIG. 9 Ecosystem Analysis: Global Email Encryption Market
FIG. 10 Market Positioning of Key Industry Participants, 2015
FIG. 11 Global Email Encryption Market Revenue Contribution, By Deployment, 2015 & 2023 (Value %)
FIG. 12 Global Email Encryption Market Revenue and Growth for On-premise Solutions, 2014 - 2023, (US$ Bn)
FIG. 13 Global Email Encryption Market Revenue and Growth for On-demand Solutions, 2014 - 2023, (US$ Bn)
FIG. 14 Global Email Encryption Market Revenue Contribution, By End-use Application, 2015 & 2023 (US$ Bn)
FIG. 15 Global Email Encryption Market Revenue and Growth for IT and Telecom Applications, 2014 - 2023, (US$ Bn)
FIG. 16 Global Email Encryption Market Revenue and Growth for Government Applications, 2014 - 2023, (US$ Bn)
FIG. 17 Global Email Encryption Market Revenue and Growth for BFSI Applications, 2014 - 2023, (US$ Bn)
FIG. 18 Global Email Encryption Market Revenue and Growth for Defense and Intelligence Applications, 2014 - 2023, (US$ Bn)
FIG. 19 Global Email Encryption Market Revenue and Growth for Retail Applications, 2014 - 2023, (US$ Bn)
FIG. 20 Global Email Encryption Market Revenue and Growth for Healthcare Applications, 2014 - 2023, (US$ Bn)
FIG. 21 Global Email Encryption Market Revenue and Growth for Other Applications, 2014 - 2023, (US$ Bn)
FIG. 22 North America Email Encryption Market Revenue and Growth, 2014 - 2023, (US$ Bn) (Y-o-Y %)
FIG. 23 Europe Email Encryption Market Revenue and Growth, 2014 - 2023, (US$ Bn) (Y-o-Y %)
FIG. 24 Asia Pacific Email Encryption Market Revenue and Growth, 2014 - 2023, (US$ Bn) (Y-o-Y %)
FIG. 25 RoW Email Encryption Market Revenue and Growth, 2014– 2023, (US$ Bn) (Y-o-Y %)

List of Tables

TABLE 1 Market Snapshot: Global Email Encryption Market
TABLE 2 Evolution of Email Encryption
TABLE 3 Impact Indicators
TABLE 4 Impact Analysis of Drivers and Restraints
TABLE 5 North America Email Encryption Market Revenue, By Deployment, 2014 - 2023 (US$ Bn)
TABLE 6 North America Email Encryption Market Revenue, By End-use Application, 2014 - 2023 (US$ Bn)
TABLE 7 North America Email Encryption Market Revenue, By Country, 2014 - 2023 (US$ Bn)
TABLE 8 U.S. Email Encryption Market Revenue, By Deployment, 2014 - 2023 (US$ Bn)
TABLE 9 U.S. Email Encryption Market Revenue, By End-use Application, 2014 - 2023 (US$ Bn)
TABLE 10 Canada Email Encryption Market Revenue, By Deployment, 2014 - 2023 (US$ Bn)
TABLE 11 Canada Email Encryption Market Revenue, By End-use Application, 2014 - 2023 (US$ Bn)
TABLE 12 Europe Email Encryption Market Revenue, By Deployment, 2014 - 2023 (US$ Bn)
TABLE 13 Europe Email Encryption Market Revenue, By End-use Application, 2015 - 2023 (US$ Bn)
TABLE 14 Europe Email Encryption Market Revenue, By Country, 2014 - 2023 (US$ Bn)
TABLE 15 U.K. Email Encryption Market Revenue, By Deployment, 2014 - 2023 (US$ Bn)
TABLE 16 U.K. Email Encryption Market Revenue, By End-use Application, 2014 - 2023 (US$ Bn)
TABLE 17 France Email Encryption Market Revenue, By Deployment, 2014 - 2023 (US$ Bn)
TABLE 18 France Email Encryption Market Revenue, By End-use Application, 2014 - 2023 (US$ Bn)
TABLE 19 Germany Email Encryption Market Revenue, By Deployment, 2014 - 2023 (US$ Bn)
TABLE 20 Germany Email Encryption Market Revenue, By End-use Application, 2014 - 2023 (US$ Bn)
TABLE 21 Rest of Europe Email Encryption Market Revenue, By Deployment, 2014 - 2023 (US$ Bn)
TABLE 22 Rest of Europe Email Encryption Market Revenue, By End-use Application, 2014 - 2023 (US$ Bn)
TABLE 23 Asia Pacific Email Encryption Market Revenue, By Deployment, 2014 - 2023 (US$ Bn)
TABLE 24 Asia Pacific Email Encryption Market Revenue, By End-use Application, 2014 - 2023 (US$ Bn)
TABLE 25 Asia Pacific Email Encryption Market Revenue, By Country, 2014 - 2023 (US$ Bn)
TABLE 26 China Email Encryption Market Revenue, By Deployment, 2014- 2023 (US$ Bn)
TABLE 27 China Email Encryption Market Revenue, By End-use Application, 2014 - 2023 (US$ Bn)
TABLE 28 Japan Email Encryption Market Revenue, By Deployment, 2014 - 2023 (US$ Bn)
TABLE 29 Japan Email Encryption Market Revenue, By End-use Application, 2014 - 2023 (US$ Bn)
TABLE 30 India Email Encryption Market Revenue, By Deployment, 2014 - 2023 (US$ Bn)
TABLE 31 India Email Encryption Market Revenue, By End-use Application, 2014 - 2023 (US$ Bn)
TABLE 32 Rest of Asia Pacific Email Encryption Market Revenue, By Deployment, 2014 - 2023 (US$ Bn)
TABLE 33 Rest of Asia Pacifc Email Encryption Market Revenue, By End-use Application, 2014 - 2023 (US$ Bn)
TABLE 34 Rest of World Email Encryption Market Revenue, By Deployment, 2014 - 2023 (US$ Bn)
TABLE 35 Rest of World Email Encryption Market Revenue, By End-use Application, 2014 - 2023 (US$ Bn)
TABLE 36 Rest of World Email Encryption Market Revenue, By Region, 2014 - 2023 (US$ Bn)
TABLE 37 Latin America Email Encryption Market Revenue, By Product ype, 2014 - 2023 (US$ Bn)
TABLE 38 Latin America Email Encryption Market Revenue, By End-use Application, 2014 - 2023 (US$ Bn)
TABLE 39 Middle-East and Africa Email Encryption Market Revenue, By Deployment, 2014 - 2023 (US$ Bn)
TABLE 40 Middle-East and Africa Email Encryption Market Revenue, By End-use Application, 2014 - 2023 (US$ Bn)

Enterprises across the globe recognize their responsibility towards clients, employees, and others who have shared with them their confidential information. Thus, they are increasingly focused towards protecting the sensitive confidential data entrusted to them. Not only have the needs to secure and protect confidential information, but also the privacy laws bolstered widespread implementation of email encryption solutions.  Thus, email encryption has become an essential element to corporate organizations across the globe. On the basis of end-use, the email encryption market is categorized into following segments:

  • IT (Information Technology) and Telecom
  • Government
  • Banking, Financial Services and Insurance
  • Defense and Intelligence
  • Retail
  • Healthcare
  • Others (Aerospace, Manufacturing, etc.)

The following figure represents contribution of different end-use verticals to the global email encryption market in 2015 and 2023.

Email Encryption Market

As of 2015, the global email encryption market was dominated by the BFSI (Banking, Financial Services and Insurance) segment. The trend is expected to continue and the segment is presumed to remain the largest end-use segment throughout the forecast period. The companies in this sector being more susceptible to fraudulent activities have greater adoption of e-mail encryption solutions. On the other hand, IT and Telecom is expected to emerge as the fastest growing end-use segment during the forecast period. The anticipated growth in the segment can be credited to the rise in the implementation of BYOD (Bring Your Own Device) and CYOD (Choose Your Own Device) policies.

Based on deployment method, the global email encryption market is segmented into following categories

  • On-demand
  • On-premise

The following figure represents the contribution of these categories to the global email encryption market in 2015 and 2023.

Email Encryption Market

The global email encryption market was dominated by on-premise solutions in base year 2015. The trend shall prolong and the segment is presumed to remain the largest revenue contributor to the global email encryption market by 2023. Since on-premise deployment allow businesses to manage confidential data all by themselves, the on-premise deployment technique is widely preferred. In addition, its ability to allow businesses to customize storage has further fueled adoption of on-premise solutions among end-users. On the other hand, on-demand (cloud based) email encryption solutions are witnessing an alarming rise in demand as businesses that traditionally deployed on-premise solutions are gradually moving all their services to the cloud. This is majorly on account of the superior benefits offered by cloud-based solutions in terms of scalability and initial purchase cost.

On the basis of geography, the global email encryption market is segmented into following regions and countries.

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • France
    • Germany
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • India
    • Rest of Asia Pacific
  • Rest of the World
    • Latin America
    • Middle East and Africa

The following figure represents contribution of different geography segments to the global email encryption market in 2015

Email Encryption Market

As of 2015, North America comprising the U.S. and Canada led the global email encryption market. The region accounted for around 35% of the global email encryption market revenue. The U.S. represents the largest and most lucrative individual email encryption market worldwide. Over the forecast period 2016 – 2023, the region is expected to hold on to its dominant position on account of the widespread implementation of standards and regulations (ex- DSS, PCI, and HIPAA) that promote use of email encryption solutions in the region. Asia Pacific is presumed to emerge as the fastest growing and most lucrative regional market during the forecast period. Investments dedicated towards IT infrastructure developments coupled with the rise in the number of small- and medium-sized businesses is expected to favor market growth in the region during the forecast period.

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