Global Email Encryption Market is Projected to Reach USD 4.2 Billion in 2020

Date: 2015-11-22

It forecasts the global email encryption market to grow from USD 1.5 billion in 2015 to USD 4.2 billion in 2020. 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. 
The factors driving this market includes adoption of standards and privacy regulations, growing demand for cloud-based services and rising concern about internal theft among users.

IT and telecom sector to display the highest growth rate during the forecast period
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. 

The 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.

In the process of determining and verifying the 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 companies profiled in this report include McAfee, Symantec, TrendMicro, Microsoft, Cisco, Hewlett-Packard, Sophos, Proofpoint, Entrust, and Zix Corporation.

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