Market Highlights

Market Research Future (MRFR), in its most recent distributed report on the Messaging Security Market Forecast 2020, uncovers factors that can oversee the market ascend across the survey time frame 2017 and 2023. According to MRFR study, the extension of the messaging security market can be at 16% CAGR across the investigation time frame. The messaging security market can esteem at about USD 6 Billion by 2023. The presence of strong organization framework and persistent improvement in the field can uphold the development of the messaging security market across the investigation time frame. Digitization and the entrance of higher computerized innovation can uphold the development of the messaging security market across the examination time frame. Likewise, the presence of driving messaging security arrangement designers across the globe can prompt the ascent of the market.

The increment in the reception of programming based messaging security arrangements across huge and SMEs. The rising prominence of messaging security arrangements in the money rich banking and fund area can advance the extension of the messaging security market across the review time frame. The developing reception of messaging security answers for helping business efficiency and the shift from on-reason to cloud stage can uphold the extension of the messaging security market across the examination time frame. The underlying minimal expense, framework accessibility, programmed upgradation of programming, and consistent coordination of cloud based messaging security arrangement across endeavors can advance the development of the market through the investigation time frame.

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Segmentation:

he segment evaluation of the messaging security market is based on type, components, mode of communication, vertical, and deployment.

The deployment based, messaging security market segments are cloud and on-premise.

The Mode of Communication based, the messaging security market segments are Instant Messaging and email.

The vertical based segments of the messaging security market are Retail & Ecommerce, Healthcare and Life science, BFSI, Automotive and Manufacturing, and Media & Entertainment among others.

The type based segments of the messaging security market are Message Confidentiality, Cryptographically Signed Certificate, E-Commerce Authentication, Third Party Authentication, Message Authentication, Message and System Integrity.

The Component based segments of the messaging security market are service and solutions. The solution segments are content filtering, web filtering, email encryption, anti-spam/anti-malware, data loss prevention, and information protection and control. The service segments of the messaging security market are Professional Mode Of Communication and Managed Mode Of Communication.

Regional Study

The increase in the need for the need for messaging security solutions in the North America region can promote the expansion of the regional market. The growing use of cloud solutions for messaging security in organizations can also boost the expansion of the market across the analysis period. The increase in application of message service for documentation and financial transaction can spur the expansion of the market across the analysis period. In APAC, the booming BFSI sector and increase in the demand for message services by the growing populace of the region can support the market expansion in the years to come. The messaging security market in EU is likely to rise due to continuously investing in projects for to boost the IT landscape. In addition, the increase in utility of internet of things can spur the regional market in the years ahead.

Key Players

Trend Micro Incorporated (Japan), Cisco Systems, Inc. (U.S.), McAfee LLC (U.S.), Symantec Corporation (U.S.), Forcepoint (U.S.), Proofpoint Inc. (U.S.), Sophos Ltd. (U.K.), Microsoft Corporation (U.S.), F-Secure Corporation (Finland), and Barracuda Networks Inc. (U.S.) among others are some prominent developers of messaging security market as listed by MRFR.

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Messaging Security Market, By Components (Solution, Service), By Solution (Email Encryption), By Service (Professional Service, Managed Service), By Mode of Communication (Instant Messaging), By Deployment (Cloud, On-Premise) - Forecast 2027

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