Email Security Market Updates

Skyquest Technology's expert advisors continuously track and analyze the latest developments and updates related to email security market. Our team of analysts stay abreast of all the recent news stories shaping the industry including new product launches by major companies, strategic partnerships, M&As, Patent filings and industry and regulatory developments.

Email Security Market News

  • In January 2024, Stellar Cyber entered a partnership with cybersecurity and compliance company Proofpoint. It will help them to deliver email security solutions for SecOps Teams powered by Stellar Cyber’s Open XDR platform.
  • In April 2023, Fortinet, the global cybersecurity leader enabling a range of networking and security solutions, has expanded the Fortinet Security Fabric. The expansion has been done with additional new and enhanced offerings and capabilities to provide customers with threat prevention.
  • In February 2023, Sublime Security announced the raise of USD 9.8 million in funding. Theu also launched the world’s first open email security platform to prevent, identify and block phishing attacks.

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Email Security Market size was valued at USD 8.09 Billion in 2023 and is poised to grow from USD 9.22 Billion in 2024 to USD 26.32 Billion by 2032, growing at a CAGR of 14% during the forecast period (2025-2032).

Key vendors in Email Security Market are: 'Cisco Systems, Inc (US)', 'Dell, Inc (US)', 'Fortinet (US)', 'McAfee, Inc (US)', 'Symantec Corporation (US)', 'Appriver (US)', 'Apptix (US)', 'Microsoft Corporation (US)', 'Mimecast (UK)', 'SAP SE (US)', 'BAE Systems (UK)', 'Sophos (UK)', 'Egress Software (UK)', 'Entrust Datacard (US)', 'FireEye (US)', 'Cryptzone (US)', 'Trend Micro (Japan)', 'Proofpoint (US)', 'Barracuda Networks (US)', 'Trustwave Holdings (US)'.

The transition to cloud-based email solutions is increasing due to a rise in phishing attacks. Security and risk management leaders have started assessing the capabilities of cloud-based email systems to withstand phishing, malware and ransomware threats. Organizations are also moving to cloud-based mailbox services and shifting from on-premises servers to cloud servers.  

Growing Adoption of AI and Machine Learning: The usage of AI and machine learning are massively increasing in email security. This allows for more advanced threat identification and prevention. The conventional email security systems use predetermined criteria for detecting risks whereas the present AI-powered solutions can study patterns, identify abnormalities, and forecast new attack strategies. 

North America accounted for the largest market share due to growing mobile device adoption by organizations, compliance regulations, and cloud-based email security solutions entering the scene. Additionally, the sudden rise in phishing and email scams during the pandemic has led businesses to pay more attention towards protection of sensitive data stored on email servers. The rapid growth of email security solutions is primarily due to the rise in demand for safeguarding enterprise information and infrastructure. Countries like United States and Canada is the hub of many major enterprise, financial institutions, and government assets all needing heavily robust email security solutions to secure sensitive data. 

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Global Email Security Market
Email Security Market

Report ID: SQMIG45F2084

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