The cloud segment is expected to witness the highest growth rate in the e-mail encryption industry during the forecast period. In addition, the BFSI segment dominated the global e-mail encryption market in 2016, owing to increased security concerns about debit and credit card numbers, financial details of customers, and bank account numbers. Moreover, the introduction of stringent government regulations such as Sarbanes-Oxley Act and the Gramm-Leach-Bliley Act have increased awareness among the large & small organizations toward the need for securing e-mails. However, the IT & telecom segment is expected to grow at the highest rate during the forecast period due to growth in demand for cloud-based services.

North America dominated the global e-mail encryption market in 2016, and is expected to continue its lead during the forecast period. Furthermore, the regions, such as Korea, Japan, Russia, China, and India, are emerging regions in the market, owing to increase in demand for advanced e-mail encryption technologies and low-cost cloud-based services. The global e-mail encryption market is driven by rise in demand for cloud-based services, privacy regulations, and increase in data security concerns. However, high cost of encryption solutions hinders the e-mail encryption market growth.

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Key Findings of the E-mail Encryption Market:

► The cloud-based segment is expected to exhibit a significant increase in the global e-mail encryption market growth during the forecast period.

► In 2016, the BFSI segment accounted for the highest revenue among the other e-mail encryption applications.

► Asia-Pacific region is anticipated to exhibit substantial growth during the forecast period.

Cloud-based deployment of email encryption has witnessed high demand due to the use of cloud-based encryption with benefits, such as scalability and less initial purchase cost, than the traditional on-premise solutions.

The report has offered an all-inclusive analysis of the global E-mail Encryption Market taking into consideration all the crucial aspects like growth factors, constraints, market developments, top investment pockets, future prospects, and trends. At the start, the report lays emphasis on the key trends and opportunities that may emerge in the near future and positively impact the overall industry growth.

Key drivers that are propelling the growth of the market included in the report. Additionally, challenges and restraining factors that are likely to curb the growth of the market are put forth by the analysts to prepare the manufacturers for future challenges in advance.

The report presents in-depth insights into each of the leading E-mail Encryption Market end user verticals along with annual forecasts to 2023. The report provides revenue forecast with sales, and sales growth rate of the global Key drivers that are propelling the growth of the market included in the report. Additionally, challenges and restraining factors that are likely to curb the growth of the market are put forth by the analysts to prepare the manufacturers for future challenges in advance.

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Key Market Players:

► HP Development Company, L.P.

► Symantec Corporation

► Cisco Systems, Inc.

► McAfee (Intel)

► Trend Micro

► Microsoft Corporation

► Sophos Ltd.

► Proofpoint

► ZIX Corporation

► Entrust, Inc.

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