2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!

Which Major Market Drivers Are Expected to Boost the Growth Potential of the Business Email Compromise Market?

The surge in the use of cloud-based email services is anticipated to fuel the expansion of the business email compromise market in the future. These internet-hosted platforms allow users to send, receive, and save emails without the need for local servers or infrastructure. These services improve business email compromise (BEC) defence through advanced integrated security, centralized supervision, and scalability, which cultivate a demand for dedicated business email compromise prevention mechanisms and services. For instance, in July 2024, Eurostat, a Luxembourg-based government body reported that 79% of European enterprises use cloud services primarily for email and 66% for file storage. This high level of reliance on cloud-based email services is therefore boosting the business email compromise market.

Business Email Compromise Market Driver: Increase in Business Email Compromise (BEC) and Spear-Phishing Assaults Propels Business Email Compromise Market Growth

Business email compromise (BEC) and spear-phishing attacks are becoming more frequent, and this rise is expected to contribute to the growth of the business email compromise market. BEC attacks are a type of cyber offence that involves fraudulent or compromised emails targeting businesses and organizations. As incidents of BEC and spear-phishing attacks become more prevalent and gain media coverage, organizations are becoming more cognizant of the cyber threats they encounter. This heightened recognition leads to more willingness to invest in protection measures against such threats. For instance, in June 2024, ASTRA IT, Inc., a US-based computer application company, reported that there were roughly 255 million phishing attacks in 2022, constituting a 61% rise from the previous year. Almost 1.2% of all sent emails were malicious, totaling to around 3.4 billion malicious emails daily. Additionally, Gmail blocked 68% of approximately 100 million that came from previously unknown schemes. Therefore, this surge in BEC and spear-phishing incidents is driving the growth of the business email compromise market.

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#What Growth Opportunities Will Drive the Business Email Compromise Market’s CAGR Through 2034?

The market size for business email compromise has experienced a swift expansion recently. Predicted to rise from $1.9 billion in 2024 to $2.22 billion in 2025 with a compound annual growth rate (CAGR) of 16.9%, the historical growth can be directly linked to the development of phishing techniques, utilization of trust relations, falsification and impersonation of emails, absence of security measures in emails, motivation for financial returns, globalization, and the rise in remote working conditions.

Predictions indicate a swift expansion in the business email compromise marketplace in the forthcoming years. The market is projected to reach a valuation of $4.34 billion by 2029, expanding at a compound annual growth rate of 18.2%. The augmentation during the estimation time could be due to vulnerabilities in email safety structures, increased worldwide connectivity, risks related to telecommuting, inclusion of ransomware in BEC, and a consistent shortfall in employee training. Additionally, increased cooperation among cyber crooks is a factor. Key trends projected for this period include an international escalation of attacks, multi-channel exploitation, adjustments to security procedures, utilisation of psychological manipulation, and email account compromise.

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What Are the Key Market Innovations in theBusiness Email Compromise Market Over the Coming Years?

Major companies operating in the business email compromise market are increasing their focus on developing innovative technologies, such as artificial intelligence solutions, to gain a competitive edge in the market. An artificial intelligence (AI) solution is a software application that uses AI techniques to solve a specific problem or task. For instance, in February 2023, SlashNext Inc., a US-based computer and network security company, launched Generative HumanAI, the industry’s first artificial intelligence product that employs generative AI to protect against advanced business email compromise (BEC), supply chain assaults, financial fraud, and executive impersonation. The solution automatically uses AI data augmentation and cloning technologies to generate thousands of potential BEC threats. The human AI solution then analyzes these with natural language processing to learn how to detect malicious emails better.

Who Are the Top Companies Driving Innovation and Growth in theBusiness Email Compromise Market?

Major companies operating in the business email compromise market report are Microsoft Corporation, Cisco Systems Inc., Broadcom Inc., Fortinet Inc., OpenText Corporation, Check Point Software Technologies Ltd., Trend Micro Inc., Cloudflare Inc., Fortra LLC, Symphony Technology Group, Mimecast Limited, Barracuda Networks Inc., Acronis International GmbH, Egress Software Technologies Ltd., Zix Corp, ZeroFox Holdings Inc., Tessian Limited, SafeGuard Cyber Inc., Heimdal Security A/S, Cofense Bidco Corporation, Agari Data Inc., Virtru Corporation, Ironscales Inc., Valimail Inc., Redscan Cyber Security Ltd., Abnormal Security Corporation, Trustifi LLC, Retruster Ltd., Cellopoint International Corp., GreatHorn Inc.

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Which Key Market Segments Comprise the Business Email Compromise Market and Drive Its Revenue Growth?

The business email compromise market covered in this report is segmented –

1) By Offering: Solutions, Services

2) By Deployment Mode: Cloud, On-Premise

3) By Organization Size: SMEs (Small And Medium Enterprises), Large Enterprises

4) By Vertical: Banking, Financial Services And Insurance, Government, Information Technology And Information Technology Enabled Services, Energy And Utilities, Manufacturing, Retail And E-Commerce, Healthcare, Other Verticals

Subsegments:

1) By Solutions: Email Authentication Solutions, Threat Intelligence Tools, Fraud Detection Software, Security Information And Event Management (SIEM)

2) By Services: Incident Response Services, Security Awareness Training, Vulnerability Assessment Services, Managed Security Services

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Which Regions Are Emerging as Leaders in the Business Email Compromise Market?

North America was the largest region in the business email compromise market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the business email compromise market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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