$2.65BN growth opportunity in Email Security Market – Technavio Report

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The global email security market size is expected to increase by USD 2.65 billion between 2021 and 2026. Technavio expects the market to observe a YOY growth of 11.89% in 2022. However, the growth momentum in the market is expected to decelerate at a CAGR of 9.78% during the forecast period. The report provides a detailed analysis of the market by application (on-premise and cloud-based), product (products and services), and geography (North America, Europe, APAC, South America, and the Middle East and Africa). The report also covers a comprehensive analysis of recent developments, new product launches, major revenue-generating segments, and market behavior across geographies.

The global email security market is fragmented because of the presence of large multinational vendors and many small local players. Large vendors in the market are acquiring smaller players to expand their product portfolios and boost their market shares. Vendors with better technical and financial resources are developing products, which are making competitors’ offerings obsolete and non-competitive even before they are launched. Hence, to remain competitive in the market, other vendors are focusing on incorporating newer technologies to offer enhanced products.

Alphabet Inc., Barracuda Networks Inc., Check Point Software Technologies Ltd., Cisco Systems Inc., Dell Technologies Inc., Egress Software Technologies Ltd., Entrust Datacard Corp., Fortinet Inc., Fusion Connect Inc., Intel Corp., Microsoft Corp., Mimecast Ltd., Open Text Corp., Proofpoint Inc., Proton AG, Sophos Ltd., Trellix, Trend Micro Inc., and Trustifi LLC are some of the major market participants identified by Technavio.

Although the increase in employee mobility will offer immense growth opportunities, the availability of open-source solutions will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Purchase our full report for a detailed analysis of the vendor landscape, successful business strategies adopted by leading vendors, and the factors impacting their growth.

Email Security Market 2022-2026: Segmentation

Email Security Market is segmented as below:

  • Application
    • On-premise
    • Cloud-based
  • Product
    • Products
    • Services
  • Geography
    • North America
    • Europe
    • APAC
    • South America
    • The Middle East and Africa

By application, the on-premise segment generated maximum revenue in the market in 2021. Many SMEs in the BFSI sector prefer on-premises email security solutions as they focus more on security than cost-effectiveness. However, the on-premises segment is expected to witness a decline in its year-over-year growth rate during the forecast period owing to the emergence of other cost-effective email security solutions.

By geography, APAC will have the largest share of the market. The region currently holds 37% of the global market share. The growth of the regional market can be attributed to the rising use of advanced technologies in both private and government sectors. In addition, the proliferation of several large organizations and SMEs in this region will foster the growth of the email security market in APAC. China and India are the key markets for email security in APAC. Market growth in this region will be faster than the growth of the market in other regions.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Technavio Email security market report covers the following areas:

  • Email Security Market size
  • Email Security Market trends
  • Email Security Market industry analysis

Email Security Market 2022-2026: Key Highlights

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will assist email security market growth during the next five years
  • Estimation of the email security market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the email security market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of email security market vendors

Download a Free Sample Report Now to know more about the report coverage.

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