Report DescriptionAbout IMARC Group

International Market Analysis Research and Consulting Group is a leading adviser on management strategy and market research worldwide. We partner with clients in all regions and industry verticals to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and markets with close cooperation at all levels of the client organization. This ensures that our clients achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting results.

Global Email Encryption Market Research Report 2022-2027:

The latest report by IMARC Group, titled “ Email Encryption Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2 022-2027

,” finds that the global email encryption market size reached US$ 2.0 Billion in 2021.

Email encryption refers to the authentication mechanism of encoding and disguising the contents of an email to protect sensitive information from unauthorized access. It relies on cryptography, using which the user publishes a key to decrypt the message. It also uses digital signature mechanisms to safeguard confidential data against cyberattacks.

As a result, various organizations and individuals are adopting email encryption solutions to make the email unreadable for unintended users. We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

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Global Email Encryption Market Trends:

The market is primarily driven by the increasing data security concerns due to the rising instances of phishing and spam emails. In addition, the rising adoption of email services by corporate organizations and individuals is escalating the demand for email encryption to secure sensitive data against losses and manipulation. Besides this, various organizations within the banking, financial services, and insurance (BFSI) and healthcare industries are storing their data on the cloud to reduce the dependence on internal IT personnel and minimize licensing and maintenance costs.

This coupled with the rising deployment of the work-from-home (WFH) model due to the recent outbreak of coronavirus disease (COVID-19) pandemic, is escalating the adoption of email encryption solutions. Furthermore, several leading players are focusing on improving the security features of their email services by adding new security layers, which is expected to propel market growth in the coming years.

Looking forward, IMARC Group expects the market value to reach US$ 7.9 Billion by 2027, exhibiting a CAGR of 25.97% during the forecast period (2022-2027).

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