Email Security Market Size, Share, Growth Analysis, By Type(Boundary email encryption, end-to-end email encryption), By Deployment(Cloud and on-premise), By Component(Solutions and services) - Industry Forecast 2024-2031

Global Email Security Market size was valued at USD 7.1 Billion in 2022 and is poised to grow from USD 8.09 Billion in 2023 to USD 23.09 Billion by 2031, at a CAGR of 14% during the forecast period (2024-2031).

The expansion of the email security market on a global scale is attributed to the continuous technological advancements, which have led to a significant increase in cyber threats. Additionally, there has been a notable rise in the adoption of BYOD (Bring Your Own Device) practices. However, many companies face challenges when integrating email security solutions into their existing security infrastructures, spanning from network security to endpoint security. This obstacle hinders the seamless integration of IT security within organizations. Moreover, the shortage of skilled IT security professionals in the email security market further exacerbates the problem, particularly for companies facing functional issues and vulnerable to attacks from various sectors. To address these concerns, several providers offer enhanced email security solutions that ensure a secure email pathway. Cloud-based advanced solutions have gained popularity due to their ability to protect companies from a wide range of potential threats, driving the demand for such solutions and bolstering the global email security market. Ultimately, this approach aims to enhance overall productivity, a goal pursued by every company.

Cybersecurity is crucial in augmenting workforce capabilities and should be prioritized across all sectors. As experts in the cybersecurity field strive to mitigate major challenges of varying severity, they invest more in improving security standards, consequently contributing to the development of the global email security market. Implementing robust security measures not only ensures the safety of companies but also alleviates the workload of IT professionals by automating mail security configurations. This incentivizes companies to invest further in this domain, thereby promoting the growth of the international email security market. The increasing need for fraud protection has made it imperative for companies to seek effective email security solutions that can integrate mail security systems at both the cloud and on-premises levels. Overall, the continuous pursuit of minimizing credit theft, attacks, and account hacking drives the demand for email security solutions, positioning the global email security market for significant growth.

US Email Security Market is poised to grow at a sustainable CAGR for the next forecast year.