MARKET OVERVIEW
Secure email services include disguising and encryption, which protect the content of emails from being accessed by unauthorized recipients to avoid illegal activities. Compulsory mandates to follow data protection directives play a vital role in stimulating the use of secure email services among businesses. This aspect is projected to contribute to market growth. The rising adoption of the multi-cloud services and advanced data security solutions is driving the growth of the secure email services market.
MARKET SCOPE
The "Global Secure Email Services Market Analysis to 2028" is a specialized and in-depth study with a special focus on the global market trend analysis. The report aims to provide an overview of the secure email services market with detailed market segmentation by deployment type, organization size, industry, and geography. The report provides key statistics on the market status of the leading secure email services market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on deployment type, the market is segmented into on-premise and cloud
- Based on organization size, the market is segmented into SMEs and large enterprises
- Based on industry, the market is segmented into IT and telecom, healthcare, retail, BFSI, government, media and entertainment, and others.
MARKET DYNAMICS
Drivers
- The increasing number of illegal email-related activities such as spear phishing and scams in businesses is driving the growth of the secure email services market.
- The advent of multi-cloud services and rising demand to adopt advanced data security from old encryption tools is forecasted to provide ample growth opportunities to the players operating in the secure email services market.
Restraints
- High cost of secure email services solutions may hinder the growth of the secure email services market.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The secure email services market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both the demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social, and technological factors affecting the secure email services market in these regions.
IMPACT OF COVID-19 ON SECURE EMAIL SERVICES MARKET
COVID-19 first began in Wuhan (China) in December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms of confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. The shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in the global market. Few companies have already announced possible delays in product deliveries and slumps in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the secure email services market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of the business and customer base of market players. The market players from the secure email services market are anticipated to have lucrative growth opportunities in the future with the rising demand in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the secure email services market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- BAE Systems
- CounterMail
- Hush Communications Canada Inc.
- Intermedia
- Librem Mail
- Mailfence
- Mimecast Services Limited.
- Proton Technologies AG
- Sophos Ltd.
- Tutanota
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.