出版：MarketsandMarkets（マーケッツアンドマーケッツ） 出版年月：2023年10月
Email Encryption Market – Global Forecast to 2028
電子メール暗号化市場 : オファリング (ソリューションとサービス)、展開 (オンプレミスとクラウド)、垂直 (BFSI、ヘルスケア、政府、IT ＆ ITeS、電気通信、製造、小売＆ e コマース)、 地域別 – 2028年までの世界予測
Email Encryption Market by Offering (Solution and Services), Deployment (On-premises and cloud), Vertical (BFSI, healthcare, government, IT & ITeS, telecommunications, manufacturing, retail & eCommerce) and Region – Global Forecast to 2028
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| 種別 | 英文調査報告書 |
| 価格 |
Report Overview
The global Email Encryption market size is projected to grow from USD 6.2 billion in 2023 to USD 16.3 billion by 2028 at a CAGR of 21.3% during the forecast period. The market growth in Email Encryption is fueled by factors such as a surge in email data breaches, the escalating incidences of BEC fraud and spear-phishing incidents, stringent government regulations and heightened data protection standards, pressing organizations to bolster their cybersecurity postures, and the constant evolution and innovation in encryption techniques.
“By offering, the services segment will grow at the highest CAGR during the forecast period.”
The services segment attained the highest CAGR in the Email Encryption market’s offering segmentation. The ascent of this segment can be attributed to the increasingly complex cyber threat landscape and the continuous evolution of encryption technologies. As organizations aim to protect sensitive data and maintain compliance with ever-changing regulations, they seek specialized services that offer encryption and consultation, implementation, and ongoing management. These services ensure that encryption solutions are effectively tailored to an organization’s unique needs, are up-to-date with the latest security standards, and operate optimally. Additionally, as cyber threats become more sophisticated, businesses recognize the value of dedicated services offering proactive threat monitoring, timely updates, and rapid incident response, further fueling the demand for specialized email encryption services.
“By vertical, the BFSI segment will grow at the largest market size during the forecast period.”
The BFSI vertical has the largest market size in the Email Encryption market. The primary reason is the sensitivity and critical nature of the financial data these institutions handle. They regularly manage vast amounts of personal and transactional information, making them prime cyberattack targets. Regulatory pressures also play a significant role.
Financial institutions globally are bound by stringent regulations and compliance requirements to safeguard consumers’ financial data. Non-compliance can lead to hefty fines and reputational damage. Moreover, consumers expect their data to be handled with the utmost security in an era of digital banking and online transactions. To meet these expectations and regulatory mandates and protect against potential cyber threats, BFSI institutions heavily invest in advanced email encryption solutions, driving significant growth in this market segment.
“North America is expected to account for the largest market size during the forecasted period.”
North America holds the distinction of accounting for the largest market size in the email encryption market for several reasons. First and foremost, the region is home to many global corporations, tech companies, and financial institutions, all managing vast amounts of sensitive data that necessitate top-tier encryption solutions. Additionally, the regulatory landscape in North America, particularly in the US, enforces stringent data protection and privacy standards, prompting businesses to adopt advanced encryption methods. The region also witnesses a high rate of cyber-attacks and data breaches, further driving the demand for robust email encryption solutions. Moreover, leading email encryption vendors, including Fortinet, Cisco, and Broadcom in North America, facilitate easy adoption and integration of the latest technologies. Further, coupled with a technologically advanced infrastructure and a culture emphasizing innovation, these factors collectively contribute to North America’s dominant position in the email encryption market.
“Asia Pacific is anticipated to account for the highest CAGR during the forecasted period.”
The Asia Pacific region is poised to witness the highest CAGR in the email encryption market due to its rapid digital transformation and economic growth. Additionally, increased online transactions, digital communications, and rising cyberattacks underscore the need for secure encryption. Moreover, strengthening data protection regulations in the region further propels businesses to prioritize email encryption. Furthermore, the growing presence of multinationals and a thriving startup scene contribute to the region’s accelerated adoption of encryption technologies.
Breakdown of primaries
The study contains various industry experts’ insights, from suppliers/software developers to OEMs and Tier 1 vendors.
The break-up of the primaries is as follows:
• By Company Type: Tier 1 – 35%, Tier 2 – 45%, and Tier 3 – 20%
• By Designation: C-level – 40%, Managerial and Others– 60%
• By Region: North America – 20%, Europe – 35%, Asia Pacific – 45%
The key vendors in the global Email Encryption market include Fortinet (US), BAE Systems (UK), Mimecast (UK), Cisco (US), Proofpoint (US), Zoho (India), Broadcom (US), OpenText (Canada), Barracuda Networks (US), Thales (France), HPE (US), Entrust (US), Fortra (US), Sophos (UK), Trend Micro (Japan), Seclore (US), Egress Software (UK), Echoworx (Canada), LuxSci (US), Neocertified (US), SSH Communication (Finland), Retarus (Germany), Paubox (US), PreVeil (US), Sealit Technologies (UK), SendSafely (US), and Zivver (Netherlands).
The study includes in-depth competitive intelligence covering company profiles, recent developments, and key market strategies.
Research Coverage
The report segments the Email Encryption market and forecasts its size by offerings (solution and services), deployment (on-premise and cloud), verticals (BFSI, healthcare, government, manufacturing, energy and utilities, IT and ITeS, telecommunications, retail & eCommerce, and other verticals), and region (North America, Europe, Asia Pacific, Middle East & Africa, and Latin America).
Key Benefits of Buying the Report
The report will help the market leaders/new entrants with information on the closest approximations of the revenue numbers for the Email Encryption market and the subsegments. The report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
• Analysis of key drivers (Surge in email data breaches, Increase in BEC frauds and spear-phishing incidents), restraints (Complex implementation and compatibility issues, Cost constraints associated with email encryption solutions), opportunities (Remote workforce security, Leveraging AI and ML-powered solutions), and challenges (Lack of seamless integration with operating systems, Interoperability issues, and infrastructure limitations).
• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the Email Encryption market.
• Market Development: Comprehensive information about lucrative markets – the report analyses the Email Encryption market across varied regions.
• Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the Email Encryption market.
• Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like Fortinet (US), BAE Systems (UK), Mimecast (UK), Cisco (US), Proofpoint (US), Zoho (India), Broadcom (US), OpenText (Canada), Barracuda Networks (US), Thales (France), HPE (US), Entrust (US), Fortra (US), Sophos (UK), Trend Micro (Japan), Seclore (US), Egress Software (UK), Echoworx (Canada), LuxSci (US), Neocertified (US), SSH Communication (Finland), Retarus (Germany), Paubox (US), PreVeil (US), Sealit Technologies (UK), SendSafely (US), and Zivver (Netherlands), among others in the Email Encryption market strategies.
Table of Contents
1 INTRODUCTION 29
1.1 STUDY OBJECTIVES 29
1.2 MARKET DEFINITION 29
1.2.1 INCLUSIONS & EXCLUSIONS 30
1.3 STUDY SCOPE 31
1.3.1 MARKET SEGMENTATION 31
1.3.2 REGIONS COVERED 31
1.4 YEARS CONSIDERED 32
1.5 CURRENCY CONSIDERED 32
TABLE 1 USD EXCHANGE RATES, 2017–2021 32
1.6 STAKEHOLDERS 33
1.7 SUMMARY OF CHANGES 33
2 RESEARCH METHODOLOGY 34
2.1 RESEARCH DATA 34
FIGURE 1 RESEARCH DESIGN 34
2.1.1 SECONDARY DATA 35
2.1.2 PRIMARY DATA 35
2.1.2.1 Breakup of primaries 35
2.1.2.2 Key industry insights 36
2.2 DATA TRIANGULATION 37
FIGURE 2 DATA TRIANGULATION 37
2.3 MARKET SIZE ESTIMATION 37
2.3.1 TOP-DOWN APPROACH 38
FIGURE 3 MARKET SIZE ESTIMATION – APPROACH 1 (SUPPLY-SIDE): REVENUE FROM SOLUTIONS AND SERVICES OFFERED BY EMAIL ENCRYPTION VENDORS 38
FIGURE 4 MARKET SIZE ESTIMATION: APPROACH 1 (SUPPLY-SIDE) ANALYSIS 39
FIGURE 5 MARKET SIZE ESTIMATION: RESEARCH FLOW 39
2.3.2 BOTTOM-UP APPROACH 40
FIGURE 6 MARKET SIZE ESTIMATION – APPROACH 2, BOTTOM-UP (DEMAND-SIDE): EMAIL ENCRYPTION SERVICES 41
2.4 MARKET FORECAST 42
TABLE 2 FACTOR ANALYSIS 42
2.5 COMPANY EVALUATION MATRIX FOR KEY PLAYERS 43
FIGURE 7 COMPANY EVALUATION MATRIX FOR KEY PLAYERS: CRITERIA WEIGHTAGE 43
2.6 COMPANY EVALUATION MATRIX FOR STARTUPS/SMES 44
FIGURE 8 COMPANY EVALUATION MATRIX FOR STARTUPS/SMES: CRITERIA WEIGHTAGE 44
2.7 RESEARCH ASSUMPTIONS 44
2.8 LIMITATIONS AND RISK ASSESSMENT 46
3 EXECUTIVE SUMMARY 47
FIGURE 9 EMAIL ENCRYPTION MARKET TO WITNESS SIGNIFICANT GROWTH DURING FORECAST PERIOD 48
FIGURE 10 EMAIL ENCRYPTION MARKET: MAJOR SUBSEGMENTS 49
FIGURE 11 EMAIL ENCRYPTION MARKET: REGIONAL SNAPSHOT 50
4 PREMIUM INSIGHTS 51
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN EMAIL ENCRYPTION MARKET 51
FIGURE 12 SURGE IN DATA BREACHES, REGULATORY STRINGENCY, AND ENCRYPTION ADVANCEMENTS TO BOOST MARKET GROWTH 51
4.2 EMAIL ENCRYPTION MARKET, BY OFFERING 51
FIGURE 13 SOLUTIONS SEGMENT TO ACCOUNT FOR LARGER MARKET BY 2028 51
4.3 EMAIL ENCRYPTION MARKET, BY DEPLOYMENT MODE 52
FIGURE 14 ON-PREMISES SEGMENT TO ACCOUNT FOR LARGER MARKET DURING FORECAST PERIOD 52
4.4 EMAIL ENCRYPTION MARKET, BY VERTICAL 52
FIGURE 15 BFSI SEGMENT TO ACCOUNT FOR LARGEST MARKET BY 2028 52
4.5 EMAIL ENCRYPTION MARKET, BY SERVICE 53
FIGURE 16 PROFESSIONAL SEGMENT TO ACCOUNT FOR LARGER SHARE IN 2023 53
4.6 MARKET INVESTMENT SCENARIO 53
FIGURE 17 ASIA PACIFIC TO EMERGE AS BEST MARKET FOR INVESTMENTS IN NEXT FIVE YEARS 53
5 MARKET OVERVIEW AND INDUSTRY TRENDS 54
5.1 INTRODUCTION 54
FIGURE 18 EMAIL ENCRYPTION MARKET PROCESS 54
5.2 EMAIL ENCRYPTION MARKET: EVOLUTION AND TIMELINE 55
FIGURE 19 EMAIL ENCRYPTION MARKET: EVOLUTION AND TIMELINE 55
5.2.1 COMPREHENSIVE EXAMINATION OF MODERN EMAIL ENCRYPTION PROTOCOLS 57
5.2.1.1 Modern Email Encryption Protocols: Holistic Overview 57
FIGURE 20 SSL HANDSHAKE PROCESS 58
5.2.1.1.1 SSL Handshake: Ensuring Secure Email Communication 58
5.3 BENEFITS OF EMAIL ENCRYPTION 60
5.4 EMAIL ENCRYPTION MARKET FRAMEWORK 61
FIGURE 21 EMAIL ENCRYPTION MARKET FRAMEWORK: ASYMMETRIC KEY CRYPTOGRAPHY 61
5.5 MARKET DYNAMICS 62
FIGURE 22 EMAIL ENCRYPTION MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 62
5.5.1 DRIVERS 63
5.5.1.1 Surge in email data breaches 63
5.5.1.2 Increase in BEC frauds and spear-phishing incidents 63
5.5.1.3 Rise in stringent government regulations and data privacy compliance 64
5.5.1.4 Advancements in encryption technology 65
5.5.2 RESTRAINTS 65
5.5.2.1 Complex implementation and compatibility issues 65
5.5.2.2 Cost constraints associated with email encryption solutions 65
5.5.3 OPPORTUNITIES 66
5.5.3.1 Rapid adoption of remote work 66
5.5.3.2 Advancements in AI and ML-powered solutions 66
5.5.3.3 Proliferation of mobile devices 67
5.5.3.4 Migration of email infrastructure to cloud-based platforms 67
5.5.4 CHALLENGES 67
5.5.4.1 Lack of seamless integration with operating systems 67
5.5.4.2 Interoperability issues and infrastructure limitations 68
5.6 CASE STUDY ANALYSIS 68
5.6.1 GLOBAL BANK DEPLOYED SYSCOM’S IN-HOUSE VIRTUAL APPLIANCE TO STRENGTHEN EMAIL ENCRYPTION 68
5.6.2 NORTHEASTERN RURAL HEALTH CLINICS DEPLOYED TRUSTIFI’S PLATFORM TO ESTABLISH USER-FRIENDLY MANAGEMENT CONSOLE 69
5.6.3 ZEVA AND MICROSOFT COLLABORATED AND INTRODUCED DECRYPTNABOX TO OVERCOME CHALLENGES OF TRADITIONAL EMAIL ENCRYPTION 70
5.6.4 ORIGO IMPLEMENTED TREND MICRO’S EMAIL ENCRYPTION SOLUTION TO ESTABLISH ROBUST AND EASY-TO-USE APPROACH TO EMAIL SECURITY 71
5.7 VALUE CHAIN ANALYSIS 71
FIGURE 23 VALUE CHAIN ANALYSIS 72
5.8 ECOSYSTEM ANALYSIS 73
FIGURE 24 ECOSYSTEM MAP 73
TABLE 3 ROLE OF PLAYERS IN MARKET ECOSYSTEM 73
5.9 PORTER’S FIVE FORCES ANALYSIS 75
FIGURE 25 PORTER’S FIVE FORCES ANALYSIS 75
TABLE 4 PORTER’S FIVE FORCES MODEL: IMPACT ANALYSIS 75
5.9.1 THREAT OF NEW ENTRANTS 76
5.9.2 BARGAINING POWER OF SUPPLIERS 76
5.9.3 BARGAINING POWER OF BUYERS 76
5.9.4 THREAT OF SUBSTITUTES 76
5.9.5 INTENSITY OF COMPETITIVE RIVALRY 76
5.10 PRICING ANALYSIS 77
5.10.1 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY SOLUTION 77
TABLE 5 PRICING ANALYSIS 77
5.11 TECHNOLOGY ANALYSIS 80
5.11.1 ARTIFICIAL INTELLIGENCE AND MACHINE LEARNING 80
5.11.2 ZERO TRUST SECURITY 81
5.11.3 PUBLIC KEY INFRASTRUCTURE 81
5.11.4 CLOUD-NATIVE SECURITY 81
5.11.5 DIGITAL SIGNATURES 82
5.11.6 BLOCKCHAIN TECHNOLOGY 82
5.11.7 MAILCHAIN TECHNOLOGY 82
5.11.8 QUANTUM-SAFE CRYPTOGRAPHY 83
5.11.9 EMERGING TRENDS AND INNOVATIONS IN EMAIL ENCRYPTION TECHNOLOGY 83
5.12 PATENT ANALYSIS 84
FIGURE 26 EMAIL ENCRYPTION MARKET: PATENT ANALYSIS 84
5.13 TRENDS AND DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES 85
FIGURE 27 TRENDS AND DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES 85
5.14 EMAIL ENCRYPTION MARKET: TECHNOLOGY ROADMAP 86
TABLE 6 EMAIL ENCRYPTION MARKET: TECHNOLOGY ROADMAP 86
5.15 EMAIL ENCRYPTION MARKET: BUSINESS MODEL 87
5.16 TARIFF AND REGULATORY LANDSCAPE 89
5.16.1 PAYMENT CARD INDUSTRY DATA SECURITY STANDARD (PCI–DSS) 89
5.16.2 GENERAL DATA PROTECTION REGULATION (GDPR) 89
5.16.3 SARBANES-OXLEY ACT (SOX) 90
5.16.4 CANADA’S ANTI-SPAM LEGISLATION (CASL) 90
5.16.5 SERVICE ORGANIZATION CONTROL (SOC 2) 90
5.16.6 HEALTH INSURANCE PORTABILITY AND ACCOUNTABILITY ACT (HIPAA) 91
5.16.7 CAN-SPAM ACT 91
5.16.8 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 92
TABLE 7 LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 92
5.17 KEY STAKEHOLDERS AND BUYING CRITERIA 93
5.17.1 KEY STAKEHOLDERS IN BUYING PROCESS 93
FIGURE 28 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS 93
TABLE 8 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS 93
5.18 KEY CONFERENCES & EVENTS 93
TABLE 9 KEY CONFERENCES & EVENTS, 2023–2024 93
5.19 EMAIL ENCRYPTION PROTOCOLS 94
5.19.1 PGP (PRETTY GOOD PRIVACY) 94
5.19.2 S/MIME (SECURE/MULTIPURPOSE INTERNET MAIL EXTENSIONS) 95
5.19.3 STARTTLS 96
5.19.4 DKIM (DOMAINKEYS IDENTIFIED MAIL) 96
5.19.5 OPEN PGP 97
5.19.6 AES-256 97
6 EMAIL ENCRYPTION MARKET, BY TYPE 98
6.1 INTRODUCTION 98
6.2 END-TO-END ENCRYPTION 98
6.2.1 ADVANCED SECURITY NEEDS AND RISING PRIVACY IMPERATIVES TO DRIVE MARKET 98
6.3 EMAIL GATEWAY ENCRYPTION 98
6.3.1 NEED FOR CENTRALIZED SECURITY AND VIRTUALIZATION TO BOOST GROWTH 98
6.4 BOUNDARY EMAIL ENCRYPTION 99
6.4.1 FOCUS ON SEAMLESS INTEGRATION AND MINIMIZED MAINTENANCE TO PROPEL MARKET EXPANSION 99
6.5 HYBRID EMAIL ENCRYPTION 99
6.5.1 NEED FOR BALANCING DATA SECURITY AND ACCESSIBILITY TO BOOST ADOPTION OF HYBRID EMAIL ENCRYPTION SOLUTIONS 99
6.6 CLIENT PLUGINS 100
6.6.1 DEMAND FOR ENHANCING EMAIL SECURITY AND ENSURING REGULATORY COMPLIANCE TO BOOST GROWTH 100
7 EMAIL ENCRYPTION MARKET, BY OFFERING 101
7.1 INTRODUCTION 102
7.1.1 OFFERINGS: EMAIL ENCRYPTION MARKET DRIVERS 102
FIGURE 29 SOLUTIONS SEGMENT TO ACCOUNT FOR LARGER MARKET DURING FORECAST PERIOD 102
TABLE 10 EMAIL ENCRYPTION MARKET, BY OFFERING, 2017–2022 (USD MILLION) 102
TABLE 11 EMAIL ENCRYPTION MARKET, BY OFFERING, 2023–2028 (USD MILLION) 103
7.2 SOLUTIONS 103
7.2.1 NEED FOR PLAYERS TO SECURE SENSITIVE DATA AND PRESENCE OF EMINENT EMAIL ENCRYPTION SOLUTION VENDORS TO DRIVE MARKET 103
TABLE 12 SOLUTIONS: EMAIL ENCRYPTION MARKET, BY REGION, 2017–2022 (USD MILLION) 104
TABLE 13 SOLUTIONS: EMAIL ENCRYPTION MARKET, BY REGION, 2023–2028 (USD MILLION) 104
7.3 SERVICES 104
TABLE 14 SERVICES: EMAIL ENCRYPTION MARKET, BY REGION, 2017–2022 (USD MILLION) 105
TABLE 15 SERVICES: EMAIL ENCRYPTION MARKET, BY REGION, 2023–2028 (USD MILLION) 105
TABLE 16 EMAIL ENCRYPTION MARKET, BY SERVICE, 2017–2022 (USD MILLION) 105
TABLE 17 EMAIL ENCRYPTION MARKET, BY SERVICE, 2023–2028 (USD MILLION) 105
7.3.1 PROFESSIONAL 106
7.3.1.1 Growing emphasis on expertise-driven implementation and regulatory compliance to drive market 106
7.3.2 MANAGED 106
7.3.2.1 Need for round-the-clock protection and swift incident response to prove lucrative for market growth 106
8 EMAIL ENCRYPTION MARKET, BY DEPLOYMENT MODE 107
8.1 INTRODUCTION 108
8.1.1 DEPLOYMENT MODES: EMAIL ENCRYPTION MARKET DRIVERS 108
FIGURE 30 ON-PREMISES SEGMENT TO LEAD MARKET DURING FORECAST PERIOD 108
TABLE 18 EMAIL ENCRYPTION MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION) 108
TABLE 19 EMAIL ENCRYPTION MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 109
8.2 ON-PREMISES 109
8.2.1 INCREASING CYBERSECURITY THREATS AND DEMAND FOR REAL-TIME PROTECTION TO DRIVE MARKET 109
TABLE 20 ON-PREMISES: EMAIL ENCRYPTION MARKET, BY REGION, 2017–2022 (USD MILLION) 109
TABLE 21 ON-PREMISES: EMAIL ENCRYPTION MARKET, BY REGION, 2023–2028 (USD MILLION) 109
8.3 CLOUD 110
8.3.1 BENEFITS OF CLOUD DEPLOYMENT MODE TO SURGE DEMAND FOR CLOUD-BASED EMAIL ENCRYPTION SOLUTIONS 110
TABLE 22 CLOUD: EMAIL ENCRYPTION MARKET, BY REGION, 2017–2022 (USD MILLION) 110
TABLE 23 CLOUD: EMAIL ENCRYPTION MARKET, BY REGION, 2023–2028 (USD MILLION) 110
9 EMAIL ENCRYPTION MARKET, BY VERTICAL 111
9.1 INTRODUCTION 112
9.1.1 VERTICALS: EMAIL ENCRYPTION MARKET DRIVERS 112
FIGURE 31 HEALTHCARE SEGMENT TO ACHIEVE HIGHEST GROWTH DURING FORECAST PERIOD 112
TABLE 24 EMAIL ENCRYPTION MARKET, BY VERTICAL, 2017–2022 (USD MILLION) 113
TABLE 25 EMAIL ENCRYPTION MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 113
9.2 BFSI 113
9.2.1 INCREASING EMPHASIS ON DATA SECURITY AND REGULATORY COMPLIANCE TO SPUR GROWTH 113
TABLE 26 BFSI: EMAIL ENCRYPTION MARKET, BY REGION, 2017–2022 (USD MILLION) 114
TABLE 27 BFSI: EMAIL ENCRYPTION MARKET, BY REGION, 2023–2028 (USD MILLION) 114
9.3 GOVERNMENT 115
9.3.1 RISING NEED TO MAINTAIN SENSITIVITY IN DEALING WITH PRIVATE CITIZEN RECORDS TO PROPEL MARKET 115
TABLE 28 GOVERNMENT: EMAIL ENCRYPTION MARKET, BY REGION, 2017–2022 (USD MILLION) 115
TABLE 29 GOVERNMENT: EMAIL ENCRYPTION MARKET, BY REGION, 2023–2028 (USD MILLION) 115
9.4 IT & ITES 116
9.4.1 HIGH TECHNOLOGICAL ADVANCEMENTS AND NEED FOR ENHANCED SECURITY TO BOOST GROWTH 116
TABLE 30 IT & ITES: EMAIL ENCRYPTION MARKET, BY REGION, 2017–2022 (USD MILLION) 116
TABLE 31 IT & ITES: EMAIL ENCRYPTION MARKET, BY REGION, 2023–2028 (USD MILLION) 116
9.5 HEALTHCARE 117
9.5.1 INCREASING DIGITALIZATION OF HEALTHCARE SECTOR TO ENCOURAGE USE OF EMAIL ENCRYPTION FOR ENHANCED PROTECTION OF PATIENT DATA 117
TABLE 32 HEALTHCARE: EMAIL ENCRYPTION MARKET, BY REGION, 2017–2022 (USD MILLION) 117
TABLE 33 HEALTHCARE: EMAIL ENCRYPTION MARKET, BY REGION, 2023–2028 (USD MILLION) 117
9.6 TELECOMMUNICATIONS 118
9.6.1 INCREASING EMAIL-BORNE ATTACKS AND DIGITAL TRANSFORMATION TO ACCELERATE DEMAND FOR EMAIL ENCRYPTION SOLUTIONS 118
TABLE 34 TELECOMMUNICATIONS: EMAIL ENCRYPTION MARKET, BY REGION, 2017–2022 (USD MILLION) 118
TABLE 35 TELECOMMUNICATIONS: EMAIL ENCRYPTION MARKET, BY REGION, 2023–2028 (USD MILLION) 118
9.7 MANUFACTURING 119
9.7.1 ADOPTION OF VAST, INTRICATE DATA NETWORKS IN MANUFACTURING SECTOR TO ENCOURAGE GROWTH 119
TABLE 36 MANUFACTURING: EMAIL ENCRYPTION MARKET, BY REGION, 2017–2022 (USD MILLION) 119
TABLE 37 MANUFACTURING: EMAIL ENCRYPTION MARKET, BY REGION, 2023–2028 (USD MILLION) 119
9.8 ENERGY & UTILITIES 120
9.8.1 GROWING SECURITY REQUIREMENTS IN ENERGY & UTILITIES SECTOR TO DRIVE ADOPTION OF EMAIL ENCRYPTION SOLUTIONS AND SERVICES 120
TABLE 38 ENERGY & UTILITIES: EMAIL ENCRYPTION MARKET, BY REGION, 2017–2022 (USD MILLION) 120
TABLE 39 ENERGY & UTILITIES: EMAIL ENCRYPTION MARKET, BY REGION, 2023–2028 (USD MILLION) 120
9.9 RETAIL & ECOMMERCE 121
9.9.1 ELEVATED DEMAND FOR EMAIL SECURITY ACROSS RETAIL CHANNELS TO ENCOURAGE GROWTH 121
TABLE 40 RETAIL & ECOMMERCE: EMAIL ENCRYPTION MARKET, BY REGION, 2017–2022 (USD MILLION) 121
TABLE 41 RETAIL & ECOMMERCE: EMAIL ENCRYPTION MARKET, BY REGION, 2023–2028 (USD MILLION) 121
9.10 OTHER VERTICALS 122
10 EMAIL ENCRYPTION MARKET, BY REGION 123
10.1 INTRODUCTION 124
FIGURE 32 ASIA PACIFIC TO GROW AT HIGHEST CAGR BY 2028 124
TABLE 42 EMAIL ENCRYPTION MARKET, BY REGION, 2017–2022 (USD MILLION) 124
TABLE 43 EMAIL ENCRYPTION MARKET, BY REGION, 2023–2028 (USD MILLION) 125
10.2 NORTH AMERICA 125
10.2.1 NORTH AMERICA: EMAIL ENCRYPTION MARKET DRIVERS 125
10.2.2 NORTH AMERICA: RECESSION IMPACT 126
10.2.3 NORTH AMERICA: REGULATORY LANDSCAPE 126
FIGURE 33 NORTH AMERICA: MARKET SNAPSHOT 127
TABLE 44 NORTH AMERICA: EMAIL ENCRYPTION MARKET, BY OFFERING, 2017–2022 (USD MILLION) 127
TABLE 45 NORTH AMERICA: EMAIL ENCRYPTION MARKET, BY OFFERING, 2023–2028 (USD MILLION) 128
TABLE 46 NORTH AMERICA: EMAIL ENCRYPTION MARKET, BY SERVICE, 2017–2022 (USD MILLION) 128
TABLE 47 NORTH AMERICA: EMAIL ENCRYPTION MARKET, BY SERVICE, 2023–2028 (USD MILLION) 128
TABLE 48 NORTH AMERICA: EMAIL ENCRYPTION MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION) 128
TABLE 49 NORTH AMERICA: EMAIL ENCRYPTION MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 129
TABLE 50 NORTH AMERICA: EMAIL ENCRYPTION MARKET, BY VERTICAL, 2017–2022 (USD MILLION) 129
TABLE 51 NORTH AMERICA: EMAIL ENCRYPTION MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 129
TABLE 52 NORTH AMERICA: EMAIL ENCRYPTION MARKET, BY COUNTRY, 2017–2022 (USD MILLION) 130
TABLE 53 NORTH AMERICA: EMAIL ENCRYPTION MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 130
10.2.4 US 130
10.2.4.1 Emerging digital trends and rising cybersecurity incidents to drive demand for email encryption services 130
TABLE 54 US: EMAIL ENCRYPTION MARKET, BY OFFERING, 2017–2022 (USD MILLION) 131
TABLE 55 US: EMAIL ENCRYPTION MARKET, BY OFFERING, 2023–2028 (USD MILLION) 131
TABLE 56 US: EMAIL ENCRYPTION MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION) 131
TABLE 57 US: EMAIL ENCRYPTION MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 131
TABLE 58 US: EMAIL ENCRYPTION MARKET, BY VERTICAL, 2017–2022 (USD MILLION) 132
TABLE 59 US: EMAIL ENCRYPTION MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 132
10.2.5 CANADA 132
10.2.5.1 Rising governmental initiatives to counter cyber attacks to boost adoption of email encryption services 132
TABLE 60 CANADA: EMAIL ENCRYPTION MARKET, BY OFFERING, 2017–2022 (USD MILLION) 133
TABLE 61 CANADA: EMAIL ENCRYPTION MARKET, BY OFFERING, 2023–2028 (USD MILLION) 133
TABLE 62 CANADA: EMAIL ENCRYPTION MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION) 134
TABLE 63 CANADA: EMAIL ENCRYPTION MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 134
TABLE 64 CANADA: EMAIL ENCRYPTION MARKET, BY VERTICAL, 2017–2022 (USD MILLION) 134
TABLE 65 CANADA: EMAIL ENCRYPTION MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 135
10.3 EUROPE 135
10.3.1 EUROPE: EMAIL ENCRYPTION MARKET DRIVERS 135
10.3.2 EUROPE: RECESSION IMPACT 136
10.3.3 EUROPE: REGULATORY LANDSCAPE 136
TABLE 66 EUROPE: EMAIL ENCRYPTION MARKET, BY OFFERING, 2017–2022 (USD MILLION) 137
TABLE 67 EUROPE: EMAIL ENCRYPTION MARKET, BY OFFERING, 2023–2028 (USD MILLION) 137
TABLE 68 EUROPE: EMAIL ENCRYPTION MARKET, BY SERVICE, 2017–2022 (USD MILLION) 137
TABLE 69 EUROPE: EMAIL ENCRYPTION MARKET, BY SERVICE, 2023–2028 (USD MILLION) 138
TABLE 70 EUROPE: EMAIL ENCRYPTION MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION) 138
TABLE 71 EUROPE: EMAIL ENCRYPTION MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 138
TABLE 72 EUROPE: EMAIL ENCRYPTION MARKET, BY VERTICAL, 2017–2022 (USD MILLION) 138
TABLE 73 EUROPE: EMAIL ENCRYPTION MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 139
TABLE 74 EUROPE: EMAIL ENCRYPTION MARKET, BY COUNTRY, 2017–2022 (USD MILLION) 139
TABLE 75 EUROPE: EMAIL ENCRYPTION MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 139
10.3.4 UK 140
10.3.4.1 Technological evolution and growing need to challenge cybercrime to propel market expansion 140
TABLE 76 UK: EMAIL ENCRYPTION MARKET, BY OFFERING, 2017–2022 (USD MILLION) 140
TABLE 77 UK: EMAIL ENCRYPTION MARKET, BY OFFERING, 2023–2028 (USD MILLION) 140
TABLE 78 UK: EMAIL ENCRYPTION MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION) 141
TABLE 79 UK: EMAIL ENCRYPTION MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 141
TABLE 80 UK: EMAIL ENCRYPTION MARKET, BY VERTICAL, 2017–2022 (USD MILLION) 141
TABLE 81 UK: EMAIL ENCRYPTION MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 142
10.3.5 GERMANY 142
10.3.5.1 Rising trend toward machine learning and artificial intelligence to drive adoption of email encryption services 142
TABLE 82 GERMANY: EMAIL ENCRYPTION MARKET, BY OFFERING, 2017–2022 (USD MILLION) 143
TABLE 83 GERMANY: EMAIL ENCRYPTION MARKET, BY OFFERING, 2023–2028 (USD MILLION) 143
TABLE 84 GERMANY: EMAIL ENCRYPTION MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION) 143
TABLE 85 GERMANY: EMAIL ENCRYPTION MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 143
TABLE 86 GERMANY: EMAIL ENCRYPTION MARKET, BY VERTICAL, 2017–2022 (USD MILLION) 144
TABLE 87 GERMANY: EMAIL ENCRYPTION MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 144
10.3.6 FRANCE 144
10.3.6.1 Focus on establishing secure and confidential communication channels to boost growth 144
TABLE 88 FRANCE: EMAIL ENCRYPTION MARKET, BY OFFERING, 2017–2022 (USD MILLION) 145
TABLE 89 FRANCE: EMAIL ENCRYPTION MARKET, BY OFFERING, 2023–2028 (USD MILLION) 145
TABLE 90 FRANCE: EMAIL ENCRYPTION MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION) 145
TABLE 91 FRANCE: EMAIL ENCRYPTION MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 146
TABLE 92 FRANCE: EMAIL ENCRYPTION MARKET, BY VERTICAL, 2017–2022 (USD MILLION) 146
TABLE 93 FRANCE: EMAIL ENCRYPTION MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 146
10.3.7 REST OF EUROPE 147
TABLE 94 REST OF EUROPE: EMAIL ENCRYPTION MARKET, BY OFFERING, 2017–2022 (USD MILLION) 147
TABLE 95 REST OF EUROPE: EMAIL ENCRYPTION MARKET, BY OFFERING, 2023–2028 (USD MILLION) 147
TABLE 96 REST OF EUROPE: EMAIL ENCRYPTION MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION) 148
TABLE 97 REST OF EUROPE: EMAIL ENCRYPTION MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 148
TABLE 98 REST OF EUROPE: EMAIL ENCRYPTION MARKET, BY VERTICAL, 2017–2022 (USD MILLION) 148
TABLE 99 REST OF EUROPE: EMAIL ENCRYPTION MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 149
10.4 ASIA PACIFIC 149
10.4.1 ASIA PACIFIC: EMAIL ENCRYPTION MARKET DRIVERS 149
10.4.2 ASIA PACIFIC: RECESSION IMPACT 150
10.4.3 ASIA PACIFIC: REGULATORY LANDSCAPE 150
FIGURE 34 ASIA PACIFIC: MARKET SNAPSHOT 151
TABLE 100 ASIA PACIFIC: EMAIL ENCRYPTION MARKET, BY OFFERING, 2017–2022 (USD MILLION) 152
TABLE 101 ASIA PACIFIC: EMAIL ENCRYPTION MARKET, BY OFFERING, 2023–2028 (USD MILLION) 152
TABLE 102 ASIA PACIFIC: EMAIL ENCRYPTION MARKET, BY SERVICE, 2017–2022 (USD MILLION) 152
TABLE 103 ASIA PACIFIC: EMAIL ENCRYPTION MARKET, BY SERVICE, 2023–2028 (USD MILLION) 152
TABLE 104 ASIA PACIFIC: EMAIL ENCRYPTION MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION) 152
TABLE 105 ASIA PACIFIC: EMAIL ENCRYPTION MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 153
TABLE 106 ASIA PACIFIC: EMAIL ENCRYPTION MARKET, BY VERTICAL, 2017–2022 (USD MILLION) 153
TABLE 107 ASIA PACIFIC: EMAIL ENCRYPTION MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 153
TABLE 108 ASIA PACIFIC: EMAIL ENCRYPTION MARKET, BY COUNTRY, 2017–2022 (USD MILLION) 154
TABLE 109 ASIA PACIFIC: EMAIL ENCRYPTION MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 154
10.4.4 CHINA 154
10.4.4.1 Growing emphasis on securing digital communications to encourage market growth 154
TABLE 110 CHINA: EMAIL ENCRYPTION MARKET, BY OFFERING, 2017–2022 (USD MILLION) 155
TABLE 111 CHINA: EMAIL ENCRYPTION MARKET, BY OFFERING, 2023–2028 (USD MILLION) 155
TABLE 112 CHINA: EMAIL ENCRYPTION MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION) 155
TABLE 113 CHINA: EMAIL ENCRYPTION MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 156
TABLE 114 CHINA: EMAIL ENCRYPTION MARKET, BY VERTICAL, 2017–2022 (USD MILLION) 156
TABLE 115 CHINA: EMAIL ENCRYPTION MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 156
10.4.5 JAPAN 157
10.4.5.1 Demand for robust email security alongside adoption of cutting-edge solutions to boost growth 157
TABLE 116 JAPAN: EMAIL ENCRYPTION MARKET, BY OFFERING, 2017–2022 (USD MILLION) 157
TABLE 117 JAPAN: EMAIL ENCRYPTION MARKET, BY OFFERING, 2023–2028 (USD MILLION) 158
TABLE 118 JAPAN: EMAIL ENCRYPTION MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION) 158
TABLE 119 JAPAN: EMAIL ENCRYPTION MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 158
TABLE 120 JAPAN: EMAIL ENCRYPTION MARKET, BY VERTICAL, 2017–2022 (USD MILLION) 158
TABLE 121 JAPAN: EMAIL ENCRYPTION MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 159
10.4.6 INDIA 159
10.4.6.1 Rapid surge of IT ecosystem and robust digital transformation to propel market expansion 159
TABLE 122 INDIA: EMAIL ENCRYPTION MARKET, BY OFFERING, 2017–2022 (USD MILLION) 160
TABLE 123 INDIA: EMAIL ENCRYPTION MARKET, BY OFFERING, 2023–2028 (USD MILLION) 160
TABLE 124 INDIA: EMAIL ENCRYPTION MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION) 160
TABLE 125 INDIA: EMAIL ENCRYPTION MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 160
TABLE 126 INDIA: EMAIL ENCRYPTION MARKET, BY VERTICAL, 2017–2022 (USD MILLION) 161
TABLE 127 INDIA: EMAIL ENCRYPTION MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 161
10.4.7 SINGAPORE 161
10.4.7.1 Digital evolution and increasing government initiatives to support popularity of email encryption services 161
TABLE 128 SINGAPORE: EMAIL ENCRYPTION MARKET, BY OFFERING, 2017–2022 (USD MILLION) 162
TABLE 129 SINGAPORE: EMAIL ENCRYPTION MARKET, BY OFFERING, 2023–2028 (USD MILLION) 162
TABLE 130 SINGAPORE: EMAIL ENCRYPTION MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION) 163
TABLE 131 SINGAPORE: EMAIL ENCRYPTION MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 163
TABLE 132 SINGAPORE: EMAIL ENCRYPTION MARKET, BY VERTICAL, 2017–2022 (USD MILLION) 163
TABLE 133 SINGAPORE: EMAIL ENCRYPTION MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 164
10.4.8 AUSTRALIA & NEW ZEALAND 164
10.4.8.1 Rising digital challenges to propel adoption of advanced email encryption solutions and services 164
TABLE 134 AUSTRALIA & NEW ZEALAND: EMAIL ENCRYPTION MARKET, BY OFFERING, 2017–2022 (USD MILLION) 165
TABLE 135 AUSTRALIA & NEW ZEALAND: EMAIL ENCRYPTION MARKET, BY OFFERING, 2023–2028 (USD MILLION) 165
TABLE 136 AUSTRALIA & NEW ZEALAND: EMAIL ENCRYPTION MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION) 165
TABLE 137 AUSTRALIA & NEW ZEALAND: EMAIL ENCRYPTION MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 165
TABLE 138 AUSTRALIA & NEW ZEALAND: EMAIL ENCRYPTION MARKET, BY VERTICAL, 2017–2022 (USD MILLION) 166
TABLE 139 AUSTRALIA & NEW ZEALAND: EMAIL ENCRYPTION MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 166
10.4.9 REST OF ASIA PACIFIC 166
TABLE 140 REST OF ASIA PACIFIC: EMAIL ENCRYPTION MARKET, BY OFFERING, 2017–2022 (USD MILLION) 167
TABLE 141 REST OF ASIA PACIFIC: EMAIL ENCRYPTION MARKET, BY OFFERING, 2023–2028 (USD MILLION) 167
TABLE 142 REST OF ASIA PACIFIC: EMAIL ENCRYPTION MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION) 168
TABLE 143 REST OF ASIA PACIFIC: EMAIL ENCRYPTION MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 168
TABLE 144 REST OF ASIA PACIFIC: EMAIL ENCRYPTION MARKET, BY VERTICAL, 2017–2022 (USD MILLION) 168
TABLE 145 REST OF ASIA PACIFIC: EMAIL ENCRYPTION MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 169
10.5 MIDDLE EAST & AFRICA 169
10.5.1 MIDDLE EAST & AFRICA: EMAIL ENCRYPTION MARKET DRIVERS 170
10.5.2 MIDDLE EAST & AFRICA: RECESSION IMPACT 170
10.5.3 MIDDLE EAST & AFRICA: REGULATORY LANDSCAPE 170
TABLE 146 MIDDLE EAST & AFRICA: EMAIL ENCRYPTION MARKET, BY OFFERING, 2017–2022 (USD MILLION) 171
TABLE 147 MIDDLE EAST & AFRICA: EMAIL ENCRYPTION MARKET, BY OFFERING, 2023–2028 (USD MILLION) 171
TABLE 148 MIDDLE EAST & AFRICA: EMAIL ENCRYPTION MARKET, BY SERVICE, 2017–2022 (USD MILLION) 171
TABLE 149 MIDDLE EAST & AFRICA: EMAIL ENCRYPTION MARKET, BY SERVICE, 2023–2028 (USD MILLION) 171
TABLE 150 MIDDLE EAST & AFRICA: EMAIL ENCRYPTION MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION) 172
TABLE 151 MIDDLE EAST & AFRICA: EMAIL ENCRYPTION MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 172
TABLE 152 MIDDLE EAST & AFRICA: EMAIL ENCRYPTION MARKET, BY VERTICAL, 2017–2022 (USD MILLION) 172
TABLE 153 MIDDLE EAST & AFRICA: EMAIL ENCRYPTION MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 173
TABLE 154 MIDDLE EAST & AFRICA: EMAIL ENCRYPTION MARKET, BY COUNTRY, 2017–2022 (USD MILLION) 173
TABLE 155 MIDDLE EAST & AFRICA: EMAIL ENCRYPTION MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 173
10.5.4 MIDDLE EAST 174
10.5.4.1 Rising research and development activities to encourage adoption of email encryption solutions and services 174
TABLE 156 MIDDLE EAST: EMAIL ENCRYPTION MARKET, BY OFFERING, 2017–2022 (USD MILLION) 174
TABLE 157 MIDDLE EAST: EMAIL ENCRYPTION MARKET, BY OFFERING, 2023–2028 (USD MILLION) 174
TABLE 158 MIDDLE EAST: EMAIL ENCRYPTION MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION) 175
TABLE 159 MIDDLE EAST: EMAIL ENCRYPTION MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 175
TABLE 160 MIDDLE EAST: EMAIL ENCRYPTION MARKET, BY VERTICAL, 2017–2022 (USD MILLION) 175
TABLE 161 MIDDLE EAST: EMAIL ENCRYPTION MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 176
10.5.5 AFRICA 176
10.5.5.1 Increasing instances of email phishing and scams to drive demand for email encryption solutions 176
TABLE 162 AFRICA: EMAIL ENCRYPTION MARKET, BY OFFERING, 2017–2022 (USD MILLION) 177
TABLE 163 AFRICA: EMAIL ENCRYPTION MARKET, BY OFFERING, 2023–2028 (USD MILLION) 177
TABLE 164 AFRICA: EMAIL ENCRYPTION MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION) 177
TABLE 165 AFRICA: EMAIL ENCRYPTION MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 177
TABLE 166 AFRICA: EMAIL ENCRYPTION MARKET, BY VERTICAL, 2017–2022 (USD MILLION) 178
TABLE 167 AFRICA: EMAIL ENCRYPTION MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 178
10.6 LATIN AMERICA 178
10.6.1 LATIN AMERICA: EMAIL ENCRYPTION MARKET DRIVERS 179
10.6.2 LATIN AMERICA: RECESSION IMPACT 179
10.6.3 LATIN AMERICA: REGULATORY LANDSCAPE 179
TABLE 168 LATIN AMERICA: EMAIL ENCRYPTION MARKET, BY OFFERING, 2017–2022 (USD MILLION) 179
TABLE 169 LATIN AMERICA: EMAIL ENCRYPTION MARKET, BY OFFERING, 2023–2028 (USD MILLION) 180
TABLE 170 LATIN AMERICA: EMAIL ENCRYPTION MARKET, BY SERVICE, 2017–2022 (USD MILLION) 180
TABLE 171 LATIN AMERICA: EMAIL ENCRYPTION MARKET, BY SERVICE, 2023–2028 (USD MILLION) 180
TABLE 172 LATIN AMERICA: EMAIL ENCRYPTION MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION) 180
TABLE 173 LATIN AMERICA: EMAIL ENCRYPTION MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 181
TABLE 174 LATIN AMERICA: EMAIL ENCRYPTION MARKET, BY VERTICAL, 2017–2022 (USD MILLION) 181
TABLE 175 LATIN AMERICA: EMAIL ENCRYPTION MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 181
TABLE 176 LATIN AMERICA: EMAIL ENCRYPTION MARKET, BY COUNTRY, 2017–2022 (USD MILLION) 182
TABLE 177 LATIN AMERICA: EMAIL ENCRYPTION MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 182
10.6.4 BRAZIL 182
10.6.4.1 Increasing digital penetration and popularity of social media to surge adoption of email encryption solutions 182
TABLE 178 BRAZIL: EMAIL ENCRYPTION MARKET, BY OFFERING, 2017–2022 (USD MILLION) 183
TABLE 179 BRAZIL: EMAIL ENCRYPTION MARKET, BY OFFERING, 2023–2028 (USD MILLION) 183
TABLE 180 BRAZIL: EMAIL ENCRYPTION MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION) 183
TABLE 181 BRAZIL: EMAIL ENCRYPTION MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 183
TABLE 182 BRAZIL: EMAIL ENCRYPTION MARKET, BY VERTICAL, 2017–2022 (USD MILLION) 184
TABLE 183 BRAZIL: EMAIL ENCRYPTION MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 184
10.6.5 MEXICO 184
10.6.5.1 Rapid expansion of infrastructure across verticals to push need for advancements in email service 184
TABLE 184 MEXICO: EMAIL ENCRYPTION MARKET, BY OFFERING, 2017–2022 (USD MILLION) 185
TABLE 185 MEXICO: EMAIL ENCRYPTION MARKET, BY OFFERING, 2023–2028 (USD MILLION) 185
TABLE 186 MEXICO: EMAIL ENCRYPTION MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION) 185
TABLE 187 MEXICO: EMAIL ENCRYPTION MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 186
TABLE 188 MEXICO: EMAIL ENCRYPTION MARKET, BY VERTICAL, 2017–2022 (USD MILLION) 186
TABLE 189 MEXICO: EMAIL ENCRYPTION MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 186
10.6.6 REST OF LATIN AMERICA 187
TABLE 190 REST OF LATIN AMERICA: EMAIL ENCRYPTION MARKET, BY OFFERING, 2017–2022 (USD MILLION) 187
TABLE 191 REST OF LATIN AMERICA: EMAIL ENCRYPTION MARKET, BY OFFERING, 2023–2028 (USD MILLION) 187
TABLE 192 REST OF LATIN AMERICA: EMAIL ENCRYPTION MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION) 188
TABLE 193 REST OF LATIN AMERICA: EMAIL ENCRYPTION MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 188
TABLE 194 REST OF LATIN AMERICA: EMAIL ENCRYPTION MARKET, BY VERTICAL, 2017–2022 (USD MILLION) 188
TABLE 195 REST OF LATIN AMERICA: EMAIL ENCRYPTION MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 189
11 COMPETITIVE LANDSCAPE 190
11.1 OVERVIEW 190
11.2 GLOBAL SNAPSHOT OF KEY MARKET PARTICIPANTS 190
FIGURE 35 GLOBAL SNAPSHOT OF KEY MARKET PARTICIPANTS, 2022 190
11.3 HISTORICAL REVENUE ANALYSIS FOR KEY PLAYERS 191
FIGURE 36 HISTORICAL REVENUE ANALYSIS FOR KEY PLAYERS, 2017–2022 (USD MILLION) 191
11.4 VALUATION AND FINANCIAL METRICS OF KEY EMAIL ENCRYPTION VENDORS 191
FIGURE 37 VALUATION AND FINANCIAL METRICS OF KEY EMAIL ENCRYPTION VENDORS, 2022 191
11.5 RANKING OF KEY PLAYERS 192
FIGURE 38 RANKINGS OF KEY PLAYERS 192
11.6 MARKET SHARE ANALYSIS 192
FIGURE 39 MARKET SHARE ANALYSIS, 2022 192
TABLE 196 EMAIL ENCRYPTION MARKET: INTENSITY OF COMPETITIVE RIVALRY 193
11.7 COMPANY EVALUATION MATRIX 193
11.7.1 STARS 193
11.7.2 EMERGING LEADERS 193
11.7.3 PERVASIVE PLAYERS 194
11.7.4 PARTICIPANTS 194
FIGURE 40 COMPANY EVALUATION MATRIX FOR KEY PLAYERS, 2022 194
11.7.5 COMPANY FOOTPRINT 195
TABLE 197 COMPANY FOOTPRINT FOR KEY PLAYERS, BY REGION 195
11.8 STARTUP/SME EVALUATION MATRIX 196
11.8.1 PROGRESSIVE COMPANIES 196
11.8.2 RESPONSIVE COMPANIES 196
11.8.3 DYNAMIC COMPANIES 196
11.8.4 STARTING BLOCKS 196
FIGURE 41 COMPANY EVALUATION MATRIX FOR STARTUPS/SMES, 2022 197
11.8.5 COMPETITIVE BENCHMARKING 197
TABLE 198 LIST OF STARTUPS/SMES AND FUNDING 197
TABLE 199 COMPANY FOOTPRINT FOR STARTUPS/SMES, BY REGION 198
11.9 COMPETITIVE SCENARIO AND TRENDS 198
11.9.1 PRODUCT LAUNCHES & ENHANCEMENTS 198
TABLE 200 EMAIL ENCRYPTION MARKET: PRODUCT LAUNCHES & ENHANCEMENTS, 2021–2023 198
11.9.2 DEALS 201
TABLE 201 EMAIL ENCRYPTION MARKET: DEALS, 2021–2023 201
12 COMPANY PROFILES 205
(Business overview, Products/Solutions/Services offered, Recent developments & MnM View)*
12.1 KEY PLAYERS 205
12.1.1 FORTINET 205
TABLE 202 FORTINET: BUSINESS OVERVIEW 205
FIGURE 42 FORTINET: COMPANY SNAPSHOT 206
TABLE 203 FORTINET: PRODUCTS/SOLUTIONS/SERVICES OFFERED 206
12.1.2 BAE SYSTEMS 208
TABLE 204 BAE SYSTEMS: BUSINESS OVERVIEW 208
FIGURE 43 BAE SYSTEMS: COMPANY SNAPSHOT 209
TABLE 205 BAE SYSTEMS: PRODUCTS/SOLUTIONS/SERVICES OFFERED 209
TABLE 206 BAE SYSTEMS: DEALS 210
12.1.3 MIMECAST 212
TABLE 207 MIMECAST: BUSINESS OVERVIEW 212
TABLE 208 MIMECAST: PRODUCTS/SOLUTIONS/SERVICES OFFERED 212
TABLE 209 MIMECAST: PRODUCT LAUNCHES 213
TABLE 210 MIMECAST: DEALS 214
12.1.4 CISCO 216
TABLE 211 CISCO: BUSINESS OVERVIEW 216
FIGURE 44 CISCO: COMPANY SNAPSHOT 217
TABLE 212 CISCO: PRODUCTS/SOLUTIONS/SERVICES OFFERED 217
12.1.5 PROOFPOINT 220
TABLE 213 PROOFPOINT: BUSINESS OVERVIEW 220
TABLE 214 PROOFPOINT: PRODUCTS/SOLUTIONS/SERVICES OFFERED 220
TABLE 215 PROOFPOINT: PRODUCT LAUNCHES 221
TABLE 216 PROOFPOINT: DEALS 221
12.1.6 ZOHO 223
TABLE 217 ZOHO: BUSINESS OVERVIEW 223
TABLE 218 ZOHO: PRODUCTS/SOLUTIONS/SERVICES OFFERED 224
TABLE 219 ZOHO: PRODUCT LAUNCHES 224
12.1.7 BROADCOM 225
TABLE 220 BROADCOM: BUSINESS OVERVIEW 225
FIGURE 45 BROADCOM: COMPANY SNAPSHOT 226
TABLE 221 BROADCOM: PRODUCTS/SOLUTIONS/SERVICES OFFERED 226
TABLE 222 BROADCOM: PRODUCT LAUNCHES 227
TABLE 223 BROADCOM: DEALS 227
12.1.8 OPENTEXT 228
TABLE 224 OPENTEXT: BUSINESS OVERVIEW 228
FIGURE 46 OPENTEXT: COMPANY SNAPSHOT 229
TABLE 225 OPENTEXT: PRODUCTS/SOLUTIONS/SERVICES OFFERED 229
TABLE 226 OPENTEXT: PRODUCT LAUNCHES 230
TABLE 227 OPENTEXT: DEALS 231
12.1.9 BARRACUDA NETWORKS 232
TABLE 228 BARRACUDA NETWORKS: BUSINESS OVERVIEW 232
TABLE 229 BARRACUDA NETWORKS: PRODUCTS/SOLUTIONS/SERVICES OFFERED 233
TABLE 230 BARRACUDA NETWORKS: PRODUCT LAUNCHES 234
TABLE 231 BARRACUDA NETWORKS: DEALS 234
12.1.10 THALES 235
TABLE 232 THALES: BUSINESS OVERVIEW 235
FIGURE 47 THALES: COMPANY SNAPSHOT 236
TABLE 233 THALES: PRODUCTS/SOLUTIONS/SERVICES OFFERED 236
TABLE 234 THALES: PRODUCT LAUNCHES 237
TABLE 235 THALES: DEALS 237
12.1.11 HPE 239
TABLE 236 HPE: BUSINESS OVERVIEW 239
FIGURE 48 HPE: COMPANY SNAPSHOT 240
TABLE 237 HPE: PRODUCTS/SOLUTIONS/SERVICES OFFERED 240
TABLE 238 HPE: PRODUCT LAUNCHES 241
TABLE 239 HPE: DEALS 241
12.1.12 ENTRUST 242
TABLE 240 ENTRUST: BUSINESS OVERVIEW 242
TABLE 241 ENTRUST: PRODUCTS/SOLUTIONS/SERVICES OFFERED 243
TABLE 242 ENTRUST: PRODUCT LAUNCHES 243
12.1.13 FORTRA 244
TABLE 243 FORTRA: BUSINESS OVERVIEW 244
TABLE 244 FORTRA: PRODUCTS/SOLUTIONS/SERVICES OFFERED 244
TABLE 245 FORTRA: DEALS 245
12.1.14 SOPHOS 246
TABLE 246 SOPHOS: BUSINESS OVERVIEW 246
TABLE 247 SOPHOS: PRODUCTS/SOLUTIONS/SERVICES OFFERED 246
TABLE 248 SOPHOS: PRODUCT LAUNCHES 248
TABLE 249 SOPHOS: DEALS 249
12.1.15 TREND MICRO 250
TABLE 250 TREND MICRO: BUSINESS OVERVIEW 250
FIGURE 49 TREND MICRO: COMPANY SNAPSHOT 251
TABLE 251 TREND MICRO: PRODUCTS/SOLUTIONS/SERVICES OFFERED 251
TABLE 252 TREND MICRO: PRODUCT LAUNCHES 252
12.1.16 SECLORE 253
TABLE 253 SECLORE: BUSINESS OVERVIEW 254
TABLE 254 SECLORE: PRODUCTS/SOLUTIONS/SERVICES OFFERED 255
TABLE 255 SECLORE: PRODUCT LAUNCHES 255
TABLE 256 SECLORE: DEALS 256
*Details on Business overview, Products/Solutions/Services offered, Recent developments & MnM View might not be captured in case of unlisted companies.
12.2 OTHER PLAYERS 257
12.2.1 EGRESS SOFTWARE 257
12.2.2 ECHOWORX 258
12.2.3 LUXSCI 259
12.2.4 NEOCERTIFIED 260
12.2.5 SSH COMMUNICATION 261
12.2.6 RETARUS 262
12.2.7 PAUBOX 263
12.2.8 PREVEIL 264
12.2.9 SEALIT TECHNOLOGIES 265
12.2.10 SENDSAFELY 266
12.2.11 ZIVVER 267
13 ADJACENT MARKETS 268
13.1 INTRODUCTION 268
TABLE 257 ADJACENT MARKETS AND FORECASTS 268
13.2 LIMITATIONS 268
13.2.1 CERTIFICATE AUTHORITY MARKET 268
TABLE 258 CERTIFICATE AUTHORITY MARKET, BY COMPONENT, 2016–2020 (USD THOUSAND) 268
TABLE 259 CERTIFICATE AUTHORITY MARKET, BY COMPONENT, 2021–2026 (USD THOUSAND) 269
TABLE 260 CERTIFICATE AUTHORITY MARKET, BY CERTIFICATE TYPE, 2016–2020 (USD THOUSAND) 269
TABLE 261 CERTIFICATE AUTHORITY MARKET, BY CERTIFICATE TYPE, 2021–2026 (USD THOUSAND) 269
TABLE 262 CERTIFICATE AUTHORITY MARKET, BY SERVICE, 2016–2020 (USD THOUSAND) 270
TABLE 263 CERTIFICATE AUTHORITY MARKET, BY SERVICE, 2021–2026 (USD THOUSAND) 270
TABLE 264 CERTIFICATE AUTHORITY MARKET, BY ORGANIZATION SIZE, 2016–2020 (USD THOUSAND) 270
TABLE 265 CERTIFICATE AUTHORITY MARKET, BY ORGANIZATION SIZE, 2021–2026 (USD THOUSAND) 271
TABLE 266 CERTIFICATE AUTHORITY MARKET, BY VERTICAL, 2016–2020 (USD THOUSAND) 271
TABLE 267 CERTIFICATE AUTHORITY MARKET, BY VERTICAL, 2021–2026 (USD THOUSAND) 272
TABLE 268 CERTIFICATE AUTHORITY MARKET, BY REGION, 2016–2020 (USD THOUSAND) 272
TABLE 269 CERTIFICATE AUTHORITY MARKET, BY REGION, 2021–2026 (USD THOUSAND) 273
13.2.2 BUSINESS EMAIL COMPROMISE MARKET 273
TABLE 270 BUSINESS EMAIL COMPROMISE MARKET, BY OFFERING, 2016–2021 (USD MILLION) 273
TABLE 271 BUSINESS EMAIL COMPROMISE MARKET, BY OFFERING, 2022–2027 (USD MILLION) 273
TABLE 272 BUSINESS EMAIL COMPROMISE MARKET, BY DEPLOYMENT MODE, 2016–2021 (USD MILLION) 273
TABLE 273 BUSINESS EMAIL COMPROMISE MARKET, BY DEPLOYMENT MODE, 2022–2027 (USD MILLION) 274
TABLE 274 BUSINESS EMAIL COMPROMISE MARKET, BY ORGANIZATION SIZE, 2016–2021 (USD MILLION) 274
TABLE 275 BUSINESS EMAIL COMPROMISE MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION) 274
TABLE 276 BUSINESS EMAIL COMPROMISE MARKET, BY VERTICAL, 2016–2021 (USD MILLION) 274
TABLE 277 BUSINESS EMAIL COMPROMISE MARKET, BY VERTICAL, 2022–2027 (USD MILLION) 275
TABLE 278 BUSINESS EMAIL COMPROMISE MARKET, BY REGION, 2016–2021 (USD MILLION) 275
TABLE 279 BUSINESS EMAIL COMPROMISE MARKET, BY REGION, 2022–2027 (USD MILLION) 275
13.2.3 ENCRYPTION SOFTWARE MARKET 276
TABLE 280 ENCRYPTION SOFTWARE MARKET, BY COMPONENT, 2015–2020 (USD MILLION) 276
TABLE 281 ENCRYPTION SOFTWARE MARKET, BY COMPONENT, 2021–2026 (USD MILLION) 276
TABLE 282 ENCRYPTION SOFTWARE MARKET, BY SERVICE, 2015–2020 (USD MILLION) 276
TABLE 283 ENCRYPTION SOFTWARE MARKET, BY SERVICE, 2021–2026 (USD MILLION) 276
TABLE 284 ENCRYPTION SOFTWARE MARKET, BY APPLICATION, 2015–2020 (USD MILLION) 277
TABLE 285 ENCRYPTION SOFTWARE MARKET, BY APPLICATION, 2021–2026 (USD MILLION) 277
TABLE 286 ENCRYPTION SOFTWARE MARKET, BY DEPLOYMENT MODE, 2015–2020 (USD MILLION) 277
TABLE 287 ENCRYPTION SOFTWARE MARKET, BY DEPLOYMENT MODE, 2021–2026 (USD MILLION) 277
TABLE 288 ENCRYPTION SOFTWARE MARKET, BY ORGANIZATION SIZE, 2015–2020 (USD MILLION) 278
TABLE 289 ENCRYPTION SOFTWARE MARKET, BY ORGANIZATION SIZE, 2021–2026 (USD MILLION) 278
TABLE 290 ENCRYPTION SOFTWARE MARKET, BY VERTICAL, 2015–2020 (USD MILLION) 278
TABLE 291 ENCRYPTION SOFTWARE MARKET, BY VERTICAL, 2021–2026 (USD MILLION) 279
14 APPENDIX 280
14.1 DISCUSSION GUIDE 280
14.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 284
14.3 CUSTOMIZATION OPTIONS 286
14.4 RELATED REPORTS 286
14.5 AUTHOR DETAILS 287