Global E-mail Security Market Report and Forecast 2024-2032

Global E-mail Security Market Outlook

The global e-mail security market size reached approximately USD 4.64 billion in 2023. The market is estimated to grow at a CAGR of 13.20% in the forecast period of 2024-2032, reaching a value of around USD 14.12 billion by 2032.

Key Trends in the Market

E-mail security is the procedure of protecting email accounts and ensuring the confidentiality and safety of data. It also prevents communication from unauthorised access, data breaches, and malicious content. It supports businesses to remain compliant with safety regulations and provides them with real-time protection.

• Technological advancements have increased the risk of cyber threats, such as phishing attacks, data loss, ransomware, and malicious links, among others, which drives the demand for added security measures and bolsters the e-mail security market growth.

• There is a growing adoption of cloud-based e-mail security by organisations as it is scalable and offers real-time protection. Besides, the integration of technologies like machine learning and artificial intelligence in such solutions empowers them to analyse email traffic and identify potential threats, boosting their preference among end-users.

• One of the key e-mail security market trends is the growing integration of biometric authentication, such as facial recognition or fingerprints, into e-mail authentication platforms. This is expected to enable secure password-less authentication and eliminate the requirement for using and managing passwords while reducing the risks of security breaches.

Market Analysis

Based on component, the market is divided into products and service. On the basis of deployment type, the market is classified into on-premises and cloud-based. By end user, the e-mail security market segmentation includes BFSI, healthcare, government, and IT and telecom, among others. The major regional markets for e-mail security are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global e-mail security market covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.

• Cisco Systems, Inc. 

• SAP SE 

• McAfee, LLC. 

• Dell Inc. 

• VADE 

• Microsoft Corporation 

• Musarubra US LLC 

• Proofpoint, Inc. 

• Gen Digital Inc. 

• Others

Market Share by Deployment Type

Cloud accounts for a significant portion of the e-mail security market share due to its benefits like scalability and flexibility. Cloud-based e-mail security does not require IT teams of organisations to manage the backends and reduces their burden. Convenient usage, reduced time per head, and easy sharing of data between clients are some of the factors that make it efficient. Moreover, cloud e-mail security solutions prevent sophisticated attacks, such as business email compromises, offer up-to-date data protection, and enable the deployment of advanced features within minutes or hours.

Market Share by Region

According to the e-mail security market analysis, North America holds a substantial market share due to technological advancements and well-established IT infrastructures across the region. The presence of market players and increasing investments by organisations to improve their email security and increase their productivity further facilitate the market growth.

The increasing usage of smartphones and the rising number of large enterprises in the United States also favour the market demand. Meanwhile, the Asia Pacific is also expected to witness a steady growth in the coming years due to the rising adoption of email platforms for lead generation in email marketing.

Competitive Landscape

Cisco Systems, Inc., founded in 1984, is an American multinational corporation that provides innovative technologies, cloud management, and security collaboration to its customers. The company, with headquarters in California, the United States, is one of the most reputed providers of technology-related products and solutions.

SAP SE, an enterprise application software company, founded in 1972 and headquarterd in Walldorf, Germany. It provides digital inclusion, strategic partnerships, and sustainable innovations to its customer.

McAfee, LLC., founded in 1987 and based in California, the United States, provide solutions for different customer needs. Some of its products include McAfee LiveSafe, McAfee Safe Connect VPN, McAfee mobile security for Android, and McAfee mobile security for IOS.

Other e-mail security market players include Dell Inc., VADE, Microsoft Corporation, Musarubra US LLC, Proofpoint, Inc., and Gen Digital Inc., among others.

Key Highlights of the Report