Global “Cloud-Based Email Security Market” Report 2020 offers Complete analysis of industry status and outlook of major regions based on of key players, countries, product types, and end industries. This report focuses on the Cloud-Based Email Security in Global market, especially in United States, Europe, China, Japan, South Korea, North America, India. Cloud-Based Email Security Market report categorizes the market based on manufacturers, regions, type and application. Cloud-Based Email Security Report 2020 (value and volume) by company, regions, product types, end industries, history data and estimate data.
Also, Report contains a comprehensive analysis of the important segments like market opportunities, import/export details, market dynamics, key manufacturers, growth rate, and key regions. Cloud-Based Email Security Market report categorizes the market based on manufacturers, regions, type, and application. Cloud-Based Email Security Market reports offer a detailed assessment of the Cloud-Based Email Security including enabling technologies, current market situation, market assumptions, restraining factors.
List of Top Key-players in 2020 of Cloud-Based Email Security Market:-
- Proofpoint Inc.
- Trend Micro Inc.
- Cisco Systems Inc.
- Fortinet Inc.
- Forcepoint LLC
- Symantec Corporation
- Sophos Group Plc
- Barracuda Networks Inc.
- Dell Technlogies Inc.
- FireEye Inc.
- Cyren Ltd.
The Global Cloud-Based Email Security market swot is provided for the international markets including progress trends, competitive landscape breakdown, and key in regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed.
In 2017, the cloud-based email security market was valued at USD 701.9 million and is expected to reach a value of USD 1102.4 million by 2023, registering a CAGR of 7.81% during 2018-2023 (the forecast period). The scope of this report is limited to the solutions that are offered by the major players, including providers of solutions for cloud-hosted email applications. Email is known to be the target for 90% of hacks. It is the leading threat vector for ransom ware, phishing, and data theft. The rising penetration of cloud-based services in enterprises, coupled with the increasing number of cyber-attacks and the sophistication of malware, spam, and phishing attacks occurring across the globe, is expected to drive the adoption rate for cloud-based email security. However, the lack of skilled enterprise and awareness among consumers are expected to hinder the market growth.
Increased Spam, Viruses, and Inappropriate Email Content
While enterprises have pushed consistently to meet future demands by adopting cloud-based services, the growing number of attacks on cloud environments have also increased. This increase in the number of attacks has threated and challenged the traditional IT infrastructure. The same can also be attributed to the fact that more valuable data is shifting to the cloud, and hackers find it lucrative to risk stealing valuable data. Thus, it has become increasingly important for organizations to step-up security systems, to protect their cloud environments. According to a recent survey, about 3-4% of all emails contain a virus, which translates into 6 million virus-containing emails every day. This number poses a big threat to individuals as well as organizations. Another study reveals that, about 70% of all email traffic is estimated to be spam, and these figures have doubled over the previous year. Further, with the increase in the volume of the data generated, and the number of email exchanges, the efficiency of anti-spam software is ought to increase. A large volume of this confidential information sent through email is at a high risk of being intercepted. Thus, it is making companies to adopt cloud security solutions and software, as they constantly seek to secure systems, through which these information can be encrypted and protected.
Asia-Pacific To Register The Fastest Growth Over The Forecast Period
According to the Asia-Pacific Economic Cooperation, SME’s are the engines of growth and innovation in the region, which account for over 97% of all enterprises and employ over half of the workforce across APAC economies. With the growing penetration level of Internet and the shift towards digitization of the internal processes have been a few instrumental factors in driving the adoption rate of cloud-based services. Alongside the digital transformation in the region, companies in Asia-Pacific have been found to be 80% more likely to be targeted by hackers when compared to other regions, owing to ineffective cyber laws and lack of cyber-security awareness. Majority of these attacks were reported around property theft, deception, and invasion of privacy. These threats incur heavy losses and have been increasing over the years. In 2016, about 1,32,000 cybercrimes (28% were fraud and malicious business methods) were reported in Japan as compared to that of in 2012, with about 78,000 cases. Therefore, this factor is driving the adoption rate of robust cloud security solutions. All these factors, coupled with the healthy growth in the number of out-sourced projects, particularly in India and China, are expected to drive the adoption rate of cloud-based email security market in the region.
BFSI To Continue Hold The Largest Market Share
Owing to the large customer base that the industry serves, the BFSI sector faces a number of data breach and cyber-attacks. The growing technological penetration, coupled with the digital channels, such as internet banking, mobile banking, becoming the preferable choice of customers for banking services, is making the industry more vulnerable to these cyber-attacks. Increasing email exchanges within this sector, amongst employees as well as customers, which contain crucial valuable information, are driving the adoption rate of cloud-based email security solutions, owing to the need for banks to leverage on advanced authentication and access control processes.
The key players in this market include: Proofpoint Inc., Trend Micro Inc., Cisco Systems Inc., Fortinet Inc., Forcepoint LLC, Symantec Corporation, Sophos Group PLC, Barracuda Networks Inc., Dell Technlogies Inc. and FireEye Inc.
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The global Cloud-Based Email Security market covers the vision of participant analysis by product types, market share, applications, sales, and revenue.
Highlighted points of Cloud-Based Email Security Market Size:
- Covers the varying market dynamics of the industry.
- In-depth analysis of market risks, opportunities, limitations, and growth of the market.
- Includes market driving and restraining factors.
- Participants profiles along with product description, overview, and business data.
- Include details of five years of forecast analysis by types, regions, and applications.
Key Developments in the Cloud-Based Email Security Market:
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This Cloud-Based Email Security Market Research/analysis Report Contains Answers to your following Questions
- Which Manufacturing Technology is Used for Cloud-Based Email Security? What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
- Who Are the Global Key Players in This Cloud-Based Email Security Market? What’s Their Company Profile, Their Product Information, Contact Information?
- What Was Global Market Status of Cloud-Based Email Security Market? What Was Capacity, Production Value, Cost and PROFIT of Cloud-Based Email Security Market?
- What Is Current Market Status of Cloud-Based Email Security Industry? What’s Market Competition in This Industry, Both Company, and Country Wise? What’s Market Analysis of Cloud-Based Email Security Market by Taking Applications and Types in Consideration?
- What Are Projections of Global Cloud-Based Email Security Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What About Import and Export?
- What Is Cloud-Based Email Security Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
- What Is Economic Impact On Cloud-Based Email Security Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
- What Are Market Dynamics of Cloud-Based Email Security Market? What Are Challenges and Opportunities?
- What Should Be Entry Strategies, Countermeasures to Economic Impact, Marketing Channels for Cloud-Based Email Security Industry?
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Finally, the report Global Cloud-Based Email Security Market 2020 describes the Cloud-Based Email Security industry expansion game plan, the Cloud-Based Email Security industry knowledge supply, appendix, analysis findings, and the conclusion.
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