Email Hosting Services Market size is set to grow by USD 54.23 billion from 2024-2028, Increasing demand for cloud-based applications to boost the market growth, Technavio

NEW YORK, June 4, 2024 /PRNewswire/ -- The global email hosting services market size is estimated to grow by USD 54.23 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  25.43%  during the forecast period. 

For comprehensive forecast and historic data on regions, market segments, customer landscape, and companies- Click for the snapshot of this report

Key Market Trends Fueling Growth

Financial institutions are embracing email hosting services to improve their core banking operations. These services address essential needs such as 24/7 uptime, interoperability, scalability, and secure storage. By adopting hosted solutions, institutions eliminate the need for internal email servers and reduce costs on Exchange licenses, client access, Server OS, data backup, security, and maintenance.

Customized email platforms with added compliance and security layers are also popular. For instance, Safe Systems Inc.'s SafeSysMail offers Microsoft Office 365 Exchange with advanced features for the banking sector. The growing trend among financial institutions towards Microsoft Exchange Online is expected to boost the global email hosting services market. 

The email hosting services market is experiencing significant growth, with an increasing number of businesses relying on cloud-based solutions for their email communication needs. Companies like Cloud-based Services and Support, Calendars and Email Services, and Email Services Provider offer various features such as secure hosting, spam filtering, and custom domains. The trend towards remote work and the need for efficient communication tools have driven this growth.

Additionally, the use of artificial intelligence and machine learning in email services is becoming more common, providing advanced filtering and automation capabilities. Domain registration and management are also integral parts of email hosting services. Overall, the market for email hosting services is thriving, offering businesses a range of options to meet their unique communication requirements. 

Market Challenges

• The email hosting services market faces challenges from the migration process to cloud-based systems. Companies accustomed to traditional email systems find it difficult to completely migrate contacts, calendars, and emails. Migration can be done in batches, but analyzing which parts to retain is crucial for hybrid solutions.
• Meanwhile, customer demand for high-quality, efficient, and secure solutions in industries like construction drives innovation. Cost remains a significant factor, necessitating affordable offerings to maintain competitiveness. Keeping up with evolving customer expectations poses a major challenge for market growth.
• The email hosting services market faces several challenges. One significant challenge is ensuring security, particularly against hacking and phishing attacks. Another challenge is providing reliable uptime and delivering emails promptly. Additionally, businesses require scalability to accommodate growing email volumes.
• Furthermore, integrating email hosting with other business applications can be complex. Lastly, ensuring email deliverability and compliance with regulations such as GDPR and CAN-SPAM is essential. Addressing these challenges requires advanced technology and robust infrastructure.

Research report provides comprehensive data on impact of trend, driver and challenges - Download a Sample Report

Segment Overview 

1. Application 
• 1.1 Large enterprise
• 1.2 Small and medium-sized enterprises
2. Type 
• 2.1 Webmail
• 2.2 Hosted email
3. Geography 
• 3.1 North America
• 3.2 Europe
• 3.3 APAC
• 3.4 South America
• 3.5 Middle East and Africa

1.1 Large enterprise-  Large enterprises, characterized by their extensive operations, substantial workforce, and global or regional presence, generate a vast volume of emails daily. These organizations, such as Apple Inc. and ExxonMobil, require advanced email hosting solutions offering top-tier security, compliance tools, and seamless integration with enterprise software. Scalability is essential to accommodate their extensive user base, while features like shared calendars and document-sharing facilitate efficient communication and collaboration.

Customization options are crucial for specific compliance regulations and branding requirements. Dedicated support and SLAs ensure uninterrupted email services, making email hosting a critical component for large enterprises' operations. The growing email needs of large enterprises are driving the market's expansion in this segment.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2018 - 2022)  - Download a Sample Report

Research Analysis

The Email Hosting Services Market caters to the needs of large enterprises by providing Hosted Email solutions through both Public Cloud and Private Cloud infrastructures. These services offer Unique domain addresses, effective spam filtering, and High uptime reliability, ensuring seamless Cloud-based communication among teams and clients. Information sharing is facilitated through Email servers and software, which are integral to the IT industry's operations.

Telecommunications carriers and Specialised hosting firms collaborate to deliver Strong security measures, ensuring Data Security during Remote Access via Smartphones and E-commerce Platforms. Cloud-based systems and Artificial Intelligence further enhance the user experience by automating processes and improving overall efficiency.

Market Research Overview

The Email Hosting Services Market encompasses various solutions that enable businesses and individuals to manage and send emails using dedicated servers or cloud-based platforms. These services offer features such as secure email transfer, large storage capacity, and customizable email templates. The market is driven by the increasing demand for professional email communication and the need for efficient email management.

Additionally, the integration of email hosting services with other business applications, such as calendars and contacts, further enhances their value proposition. The market is expected to grow significantly due to the rising trend of remote work and the increasing number of small and medium-sized enterprises (SMEs) adopting email hosting services. The use of advanced technologies like artificial intelligence and machine learning in email hosting services is also expected to fuel market growth.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

• Application
• Large Enterprise
• Small And Medium-sized Enterprises
• Type
• Webmail
• Hosted Email
• Geography
• North America
• Europe
• APAC
• South America
• Middle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio