Email Encryption Market

Market Inshights

The growing integration of web-based technologies in business processes has led to increased cyber-criminal activities and threats in the 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 networks, thereby augmenting the possibilities of malware attacks. Thus, the 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 emerging as one of the most crucial solutions to drive business processes. These factors are expected to contribute to a double-digit compounded annual growth rate (CAGR) during the 2016–2023. However, high initial costs and low awareness regarding the benefits offered by these solutions are some of the challenges facing the market. The email encryption market is expected to exceed US$ 2.74 billion by 2023, with a CAGR of 22.7% between 2016 and 2023.

1.1 Report Scope

This report analyses the global email encryption market regarding deployment type, end-use verticals, and geographical distribution. Based on deployment type, the market is segmented into on-premise and on-demand (cloud-based). Similarly, based on end-user, 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, the 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 in-depth insights to enable them to 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

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.

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

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

As of 2015, the global email encryption market dominated 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, more susceptible to fraudulent activities, have adopted more email encryption solutions. On the other hand, IT and telecom are expected to emerge as the fastest-growing end-use segments during the forecast period. The anticipated growth in the segment can be credited to the rise in the implementation of BYOD (bring your device) and CYOD (choose your device) policies.

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

• On-demand
• On-premise

The global email encryption market was dominated by on-premise solutions in 2015. The trend shall prolong, and the segment will be the largest revenue contributor to the global email encryption market by 2023. Since on-premise deployment allows businesses to manage confidential data by themselves, this technique is widely preferred. In addition, its ability to allow businesses to customize storage has further fueled the 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 gradually move all their services to the cloud. This is largely on account of the superior benefits offered by cloud-based solutions in terms of scalability and initial purchase cost.

Based on geography, the global email encryption market is segmented into the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • France
  • Italy
  • U.K.
  • Russia
  • Rest of Europe
• Asia-Pacific
  • India
  • China
  • Japan
  • Rest of Asia-Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East and Africa
  • GCC Countries
  • South Africa
  • Rest of Middle East and Africa

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’s revenue. The U.S. represents the largest and most lucrative individual email encryption market worldwide. Over the forecast period of 2016–2023, the region is expected to hold on to its dominant position because of the widespread implementation of standards and regulations (ex., DSS, PCI, and HIPAA) that promote the 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 to IT infrastructure developments, coupled with the rise in small and medium-sized businesses, are expected to favor market growth in the region during the forecast period.

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)