The Asia Pacific Messaging Security Market would witness market growth of 13.8% CAGR during the forecast period (2023-2030).
Messaging security is encrypting messages on a device to protect the messaging infrastructure. It establishes a secure network, restricts unsolicited messages, and protects devices against numerous threats. It consists of email antivirus, zero-hour malware detection systems, email intrusion prevention, pattern-based anti-spam, internet protocol (IP) reputation-based anti-spam, and email intrusion prevention.
The expanding urbanization and the rise in cyberattacks are the primary drivers of the market's expansion. Additionally, the industry is growing more quickly due to the rising use of cloud-based and virtual appliance-based solutions. Organizations also utilize multi-cloud environments and Software-as-a-Service (SaaS)-based platforms to manage sensitive user data. It has led to an increase in the usage of email and messaging security services for internal business communication and external collaboration.
Asia Pacific region is going through a digital transformation in several sectors, including e-commerce, healthcare, and finance. The transition to digital communication channels, such as email, instant messaging, and collaboration tools, has necessitated the implementation of comprehensive messaging security solutions to safeguard sensitive data and communications. APAC has emerged as a hub for fintech innovation and mobile payment solutions. Secure messaging protects financial transactions, customer data, and payment-related communications in this rapidly growing sector. With rise in digital transformation in Asia Pacific region, the market is anticipated to grow.
The China market dominated the Asia Pacific Messaging Security Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1,168.1 million by 2030. The Japan market is registering a CAGR of 13.1% during (2023 - 2030). Additionally, The India market would experience a CAGR of 14.5% during (2023 - 2030).
Based on Component, the market is segmented into Solution and Services. Based on Communication Mode, the market is segmented into Email and Instant Messaging. Based on Deployment Type, the market is segmented into On-premises, and Cloud. Based on Vertical, the market is segmented into BFSI, Media & Entertainment, Healthcare, Government & Defense, Manufacturing, Retail & Ecommerce and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Global Messaging Security Market is Predict to reach $15 Billion by 2030, at a CAGR of 12.8%
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Proofpoint, Inc. (Thoma Bravo), Cisco Systems, Inc., Trend Micro, Inc., Check Point Software Technologies Ltd., Microsoft Corporation, Forcepoint LLC (Francisco Partners), F-Secure Corporation, Barracuda Networks, Inc. (KKR & Co. Inc.), McAfee Corp., Broadcom, Inc.
By Component
By Communication Mode
By Deployment Type
By Vertical
By Country
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