As per Technavio, the emergence of integrated security solutions will have a positive impact on the market and contribute to its growth significantly over the forecast period. This research report also analyzes other significant trends and market drivers that will influence market growth over 2020-2024.
E-Mail Encryption Market: Emergence of Integrated Security Solutions
End-users prefer e-mail encryption solutions integrated and converged with security solutions that provide overall security to devices and networks. This is because different standalone security solutions may lead to integration issues. Integrated security solutions offered by the vendors provide better support and functionality to customers. With the increasing complexity of network infrastructure, integration of different security solutions, including e-mail encryption solutions is an important criterion that will affect market revenue. E-mail encryption solutions integrated with other security solutions such as data loss prevention (DLP) also reduce the overall cost of e-mail encryption solutions for customers, thus increasing their adoption. Vendors such as McAfee (News - Alert) for instance, provide e-mail encryption solutions integrated with network security solutions as a package, which has increased their adoption among end-users.
"Factors such as the growing use of biometrics for e-mail encryption and shift toward multifactor authentication will have a positive impact on the growth of the e-mail encryption market during the forecast period," says a senior analyst at Technavio.
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E-Mail Encryption Market: Segmentation Analysis
This market research report segments the e-mail encryption market by end-users (BFSI, healthcare, government and others), solution (secure e-mail gateways and software), and geography (APAC, Europe, MEA, North America and South America).
The North American region led the e-mail encryption market in 2019, followed by Europe, APAC, South America and MEA. During the forecast period, the North American region is expected to register the highest incremental growth due to increasing instances of insider fraud in organizations in the region.
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Some of the key topics covered in the report include:
End-Users segmentation
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BFSI
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Healthcare
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Government
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Others
Solution segmentation
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Secure e-mail gateways
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Software
Geographic segmentation
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APAC
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Europe
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MEA
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North America
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South America
Market Drivers
Market Challenges
Market Trends
Vendor Landscape
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Vendors covered
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Vendor classification
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Market positioning of vendors
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Competitive scenario
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
View source version on businesswire.com: https://www.businesswire.com/news/home/20200323005395/en/
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