Email Security Market to Grow by USD 5.17 Billion from 2024-2028, Driven by Rising Employee Mobility, Report on How AI is Redefining Market Landscape - Technavio

NEW YORK, Feb. 14, 2025 /PRNewswire/ -- Report with market evolution powered by AI - The global email security market size is estimated to grow by USD 5.17 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  13.64%  during the forecast period. Increase in employee mobility is driving market growth, with a trend towards adoption of cloud-based solutions. However, availability of open-source solutions  poses a challenge. Key market players include Barracuda Networks Inc., Check Point Software Technologies Ltd., Cisco Systems Inc., cryptzone.no AS, Dell Technologies Inc., Egress Software Technologies Ltd., Entrust Corp., Fortinet Inc., McAfee LLC, Microsoft Corp., Mimecast Ltd., Musarubra US LLC, OpenText Corp., Proofpoint Inc., Proton AG, SAP SE, Sophos Ltd., Trend Micro Inc., Trustifi LLC, and WatchGuard Technologies Inc..

Technavio has announced its latest market research report titled Global email security market 2024-2028
Technavio has announced its latest market research report titled Global email security market 2024-2028

Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF

Email Security Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 - 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 13.64%

Market growth 2024-2028

USD 5169.7 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

11.73

Regional analysis

North America, APAC, Europe, South America, and Middle East and Africa

Performing market contribution

APAC at 45%

Key countries

US, UK, China, India, and Germany

Key companies profiled

Barracuda Networks Inc., Check Point Software Technologies Ltd., Cisco Systems Inc., cryptzone.no AS, Dell Technologies Inc., Egress Software Technologies Ltd., Entrust Corp., Fortinet Inc., McAfee LLC, Microsoft Corp., Mimecast Ltd., Musarubra US LLC, OpenText Corp., Proofpoint Inc., Proton AG, SAP SE, Sophos Ltd., Trend Micro Inc., Trustifi LLC, and WatchGuard Technologies Inc.

Market Driver

Email security is a critical aspect of IT security for businesses as mails and accounts continue to be targeted by viruses and cyber threats. Adoption of Email security solutions has seen significant growth due to technological advancements and BYOD adoption in organizations. Email security providers offer various solutions to secure email infrastructures from attacks, including integration with network security, endpoint protection, and cloud-based email security. Functional issues such as fraud protection against phishing and account hacking, social spam, and account takeover are key concerns. The size of the organization and industry vertical play a role in the severity of these threats. Traditional ways of securing emails are no longer sufficient, and investments in advanced email security solutions are necessary. Email security solutions include deployment of security arrangements, support & maintenance, training & education, and product offerings for large enterprises, healthcare, telecom, retail, energy & utilities, manufacturing, government, and IT. Solutions cater to various industries' unique needs, ensuring compliance with security standards and workloads. Email security professionals recommend a value chain analysis of email security solutions, considering factors like deployment, functionalities, and cost-effectiveness. Cloud-based email security is increasingly popular due to its ease of use and scalability. Overall, email security is an essential aspect of an organization's cybersecurity strategy.