According to new Market Research, “Messaging Security Market by Solution (Content Filtering, Email Encryption, Data Loss Prevention, Antispam and Antimalware), Service, Mode of Communication (Email Messaging, Instant Messaging), Deployment Mode, Vertical, and Region — Global Forecast to 2022”, The messaging security market size is expected to grow from USD 2.64 Billion in 2017 to USD 5.50 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 15.8%.
The growing adoption of email services and instant messaging has introduced many security threats associated with enterprise communications. As there is a rise in sophisticated cyber threats of critical information, the messaging security market is expected to gain traction in the next 5 years.
Browse 68 Market Data Tables and 36 Figures spread through 141 Pages and in-depth TOC on “Messaging Security Market”
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Messaging security solution can be used for email and instant messaging modes of communication. The email mode of communication is expected to dominate the messaging security market and contribute the largest market share during the forecast period. It is expected to play a key role in changing the market landscape and grow at the highest rate during the forecast period, as the global organizations are heavily using email services which needed to be secured from advanced security threats.
Cloud deployment is the fastest-growing deployment mode in the messaging security market, as it benefits organizations with increased scalability, speed, 24/7 services, and enhanced management capabilities.
North America is expected to have the largest market-
Increasing penetration of the Internet and growing attacks over enterprise communications have led to the growing messaging security needs. Furthermore, rapid economic growth in the developing APAC countries, along with improving regulatory reforms and economic stability is driving the growth of the messaging security market in this region. In Latin America, SMEs as well as enterprises belonging to a range of verticals, such as Banking, Financial Services, and Insurance (BFSI), government, and healthcare and life sciences, which are expected to increase investments in messaging security solutions.
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Major vendors in the messaging security-
McAfee LLC (US), Cisco Systems, Inc. (US), Trend Micro Incorporated (Japan), Symantec Corporation (US), Proofpoint Inc. (US), Forcepoint (US), Microsoft Corporation (US), Sophos Ltd. (UK), Barracuda Networks Inc. (US), F-Secure Corporation (Finland), Trustwave Holdings, Inc. (US), Mimecast Limited (UK), Check Point Software Technologies Ltd.
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