Global Email Encryption Market Analysis
Information Technology

Global Email Encryption Market Size, Drivers, Trends, Opportunities And Strategies – Includes Email Encryption Market Analysis

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032


Rising instances of enterprise email threats are expected to drive innovation in email encryption manufacturing, thus driving the market during the forecast period.


The global email encryption market is expected to grow from $5.17 billion in 2022 to $6.4 billion in 2023 at a compound annual growth rate (CAGR) of 23.8%. The email encryption market size is expected to grow to $14.85 billion in 2027 at a CAGR of 23.4%.


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Global Email Encryption Market Segments Include:

  • By Component: Solutions, Services
  • By Deployment Mode: Cloud, On-Premises
  • By Organization Size: Large Enterprises, Small and Medium Enterprises (SMEs)
  • By Vertical: BFSI, Government and Defense, IT and ITeS, Telecommunication, Energy and Utilities, Manufacturing, Retail and eCommerce, Healthcare, Other Verticals
  • By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global email encryption market in 2021.


Major Market Players in the email encryption market include Broadcom Inc., Cisco Systems Inc., Micro Focus, Entrust Corporation, Mimecast Services Limited, Sophos Ltd., Trend Micro Incorporated, Zix Corporation.


The shift from traditional email encryption tools to advanced email encryption solutions is the key trend gaining popularity in the email encryption market. Advanced Email Security secures data by encoding email content while it is in transit. Major companies are implementing advanced technologies such as artificial intelligence and machine learning to improve the security of organizations’ emails. For instance, in February 2020, Trustifi, LLC, a US-based software-as-a-service (SaaS) email security company, added a new AI-enabled function to its leading email encryption and DLP (data loss prevention) solution, which also utilizes optical character recognition technology (OCR). The latest upgrade from Trustifi includes an optical character recognition scan with machine learning that improves email security by automatically encrypting sensitive attachments. This state-of-the-art OCR tool for email attachments scans PDF and image files. The tool classifies certain attachments as sensitive when it detects elements like a credit card scan or a screenshot of a financial statement. The attachment is then automatically encrypted, minimising the chance that users will unintentionally send sensitive information without protection.


The Email Encryption Global Market Report 2023 provides a email encryption market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The email encryption market forecast analyzes email encryption market size, email encryption market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.


Email encryption is a method of authentication that prevents messages from being read by an unauthorised or unintended person. The original message is sent in a scrambled form that is either impossible to read or impossible to decipher. Sharing sensitive information via email requires email encryption.


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