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The secure email gateway market will register a CAGR of over 14% by 2023
[May 14, 2019]

The secure email gateway market will register a CAGR of over 14% by 2023

NEW YORK, May 14, 2019 /PRNewswire/ --

About this market
Reduction is malware attacks will drive the global market during the forecast period. Secure email gateways solutions help reduce malware attacks. Secure email gateways solutions can help identify compromised mails and prevent these files from harming an organization. The solution provides 100% protection against malware and zero-day attacks Analysts have predicted that the secure email gateway market will register a CAGR of over 14% by 2023.

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Market Overview
Ability to maintain data compliance
Email gateway solutions help organizations in achieving and maintaining data compliance. Email archiving is one of the key features provided by an email gateway. It helps maintaining data compliance, thereby driving the market growth.
High cost of secure email gateway solutions
The cost of secure email gateway solution is generally high whch is restricting their adoption among smaller businesses. The email gateway solutions usually require high R&D expenditure to develop solutions that can counter newer advanced threats such as spear phishing. Thus, high cost of secure email gateway solutions will hinder the market growth.

For the detailed list of factors that will drive and challenge the growth of the secure email gateway market during the 2019-2023, view our report.

Competitive Landscape
The market appears to be fairly concentrated and with the presence of few companies including Mimecast Services Ltd. and Proofpoint Inc, the competitive environment is quite intense. Factors such as the reduction is malware attacks and ability to maintain data compliance, will provide considerable growth opportunities to secure email gateway manufactures. Barracuda Networks Inc., Cisco Systems Inc., Microsoft, Mimecast Services Ltd., and Proofpoint Inc, are some of the major companies covered in this report.

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