Asia Pacific Email Encryption Market By Component (Solution and Services), By Organization Size (Large Enterprises and Small & Medium Enterprises), By Deployment Mode (On-premise and Cloud), By End User (BFSI, Retail & eCommerce, Telecom, IT & ITeS, Healthcare, Manufacturing, Government & Defense and Others), By Country, Growth Potential, Industry Analysis Report and Forecast, 2021 - 2027
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The Asia Pacific Email Encryption Market would witness market growth of 22% CAGR during the forecast period (2021-2027). Email encryption includes identifying or encrypting the content of the email with an aim to safeguard it from being read by any invalid recipients.
Most of the time, authentication falls under the domain of email encryption. Email encryption is for individuals who may want to email confidential information, like login credentials, social security numbers, and bank account numbers, as well as for those who intend to protect and encrypt email. By obtaining invalid access to an email account, hackers or cybercriminals can gain access to attachments, contents, and can even hack the complete email account.
Email is considered as a weak thing, specifically when it is sent by unsecured, public, and Wi-Fi networks. Even emails sent by the safe company network can be hijacked by other users, with the help of login credentials. Encryption makes the content of emails unreadable as they cover the distance from the origin to the destination. Hence, even if in a case, a hacker intercepts messages, they won’t be able to interpret the content. During the encryption process of the email, three main things should be encrypted, the connection from the email provider, real email messages, stored, cashed, and achieved email messages. In order to encrypt the email, various technological tools are adopted and used. One of the most regularly utilized methods is a personal email certificate.
The China market dominated the Asia Pacific Cloud Email Encryption Market by Country 2020, growing at a CAGR of 21.2 % during the forecast period. The Japan market is showcasing a CAGR of 22.9% during (2021 - 2027). Additionally, The India market is anticipated to witness a CAGR of 24.3% during (2021 - 2027).
The BFSI market dominated the Malaysia Email Encryption Market by End User 2020, thereby, achieving a market value of $74.7 million by 2027. The Retail & eCommerce market is estimated to grow at a CAGR of 27.8% during (2021 - 2027). The Telecom, IT & ITeS market is experiencing a CAGR of 24.9% during (2021 - 2027). Additionally, The Healthcare market is expected to witness highest CAGR of 28.3% during (2021 - 2027).
Based on Component, the market is segmented into Solution and Services. Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on Deployment Mode, the market is segmented into On-premise and Cloud. Based on End User, the market is segmented into BFSI, Retail & eCommerce, Telecom, IT & ITeS, Healthcare, Manufacturing, Government & Defense and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include BAE Systems PLC, Sophos Group PLC (Thoma Bravo), Trend Micro, Inc., Cisco Systems, Inc., Broadcom, Inc., Micro Focus International PLC, Entrust Corporation (Thoma Bravo, LP), Trustifi, LLC, Proofpoint, Inc., and Mimecast Limited.
Scope of the Study
Market Segments Covered in the Report:
By Organization Size
- Large Enterprises
- Small & Medium Enterprises
By Deployment Mode
By End User
- Retail & eCommerce
- Telecom, IT & ITeS
- Government & Defense
- South Korea
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- BAE Systems PLC
- Sophos Group PLC (Thoma Bravo)
- Trend Micro, Inc.
- Cisco Systems, Inc.
- Broadcom, Inc.
- Micro Focus International PLC
- Entrust Corporation (Thoma Bravo, LP)
- Trustifi, LLC
- Proofpoint, Inc.
- Mimecast Limited
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