Email Encryption Market Growing at 23.5% CAGR With Cloud-Based Services Seeing Increased Demand

Nov 25, 2015, 10:30 ET from RnR Market Research

PUNE, India, November 25, 2015 /PRNewswire/ --

The global email encryption market is projected to hit USD 4.21 Billion by 2020 at an estimated CAGR of 23.5% with factors like adoption of standards and privacy regulations, growing demand for cloud-based services and rising concern about internal theft among users driving growth.

Complete report on the email encryption market spread across 147 pages, profiling 10 major companies and supported with 47 tables and 61 figures is now available at .

The worldwide email encryption market is expected to grow at a fast pace as a result of growing demand of cloud-based services. Further the adoption of standards and privacy regulations also give the market a considerable boost.

The email encryption market report provides a thorough analysis of the global email encryption market based on the various types of security solutions and services available for email security, protection and theft prevention. The report also forecasts the market values for the next 5 years, from 2015 to 2020. During the analysis, it was studied that the emerging markets such as China, Russia, Japan, Korea, and India are increasing their share in this market at a higher rate due to increasing demands and development of technology.

In the process of determining and verifying email encryption market size for several segments and sub-segments gathered through secondary research, extensive primary interviews were conducted with key people in Tier 1 (37%), Tier 2 (38%) and Tier 3 (25%) companies. The interviews were conducted with various key people such as C-level (25%), Director Level (37%) and other executives (38%) operating in the security analytics marketplace. The primary interviews were conducted worldwide covering regions, such as North America (17%), Europe (50%), and APAC (33%)

The email encryption market is growing in North America and European regions due to the adoption of standards and privacy rules such as PCI DSS and HIPAA. Moreover, rising demand for cloud-based services is furthering the growth of the email encryption market as users have started demanding cloud-based encryption solutions as cloud-based services are less costly. At present, users in Asia-Pacific (APAC) have started implementing encryption solutions but lack of knowledge regarding its usage and advantages is restricting the adoption of email encryption solutions.

This report will help them better understand the competitors and gain more insights to better position ones business. There is a separate section on competitive landscape, including end user analysis, mergers and acquisition, and expansions. Besides this, there are company profiles of the ten major players in the email encryption market. In this section, market internals are provided that can help place one's company ahead of the competitors. The report helps to understand the pulse of the market and provides information on key market drivers, restraints, challenges, and opportunities.

The companies profiled in email encryption market report include McAfee, Symantec, TrendMicro, Microsoft, Cisco, Hewlett-Packard, Sophos, Proof point, Entrust, and Zix Corporation. The report also provides information on key market drivers, restraints, challenges, and opportunities. Order a copy of Email Encryption Market by Deployment Type (On-Premises and Cloud), Industry Vertical (BFSI, Healthcare, Government, Retail, and IT and telecom), and Region (North America, Europe, APAC, MEA and Latin America) - Global Forecast to 2020 research report at .

The email encryption market study segments the market into products, application market, and learning modes covering this market comprehensively. The email encryption study report also provides the closest approximations of the revenue numbers for the overall market and the sub-segments. The market numbers are further split across different users and regions.

On related sector, another research on encryption software market global forecast and analysis 2014 - 2019 expects the global encryption software market to grow from $1.85 billion in 2014 to $4.82 billion by 2019, at a CAGR of 21.1% during the forecast period 2014-2019. The market report is segmented on the basis of applications deployment types, user types, industry verticals, and regions. The software are further categorized on the basis of application which further include disk encryption, File/Folder encryption, database encryption, communication encryption, and cloud encryption and available at .

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