|By Business Wire||
|April 16, 2014 07:32 AM EDT||
Research and Markets (http://www.researchandmarkets.com/research/w6gd5h/global_email) has announced the addition of the "Global Email Encryption Market 2014-2018 with Cisco Systems, McAfee Inc., Proofpoint Inc., Symantec Corp. & Zix Corp Dominating" report to their offering.
The Global Email Encryption market will grow at a CAGR of 21.05 percent over the period 2013-2018.
Currently, organizations are trying to cut costs to withstand the increasing competition in the market. As a result, small companies with limited budgets are not able to adopt solutions that have high initial implementation costs. Hence, as part of their security measures, coupled with attempts to save costs, organizations are increasingly opting for cloud-based email encryption solutions. Cloud-based solution vendors are currently offering enhanced solutions that incorporate similar security features as on-premises solutions. Further, as a result of the benefits associated with cloud-based solutions, numerous providers are now offering cloud-based SaaS email encryption solutions.
According to the report, an increase in sensitive information in emails and the growing demand for email access on mobile devices are adding to the risk of data theft. With the help of the policy-based email encryption model, companies can counter insider fraud issues by blocking outgoing or incoming emails. These factors are likely to drive the demand for email encryption solutions, and this in turn will support the growth of the Global Email Encryption market.
Further, the report states that the increasing complexity of email encryption is one of the key challenges. There has been an increase in cases of false positives and false negatives, especially with the growing complexity in transferring email data, indicating the inability of email encryption solutions to completely solve the problem. This is hindering the adoption of email encryption solutions, and hence affecting the Global Email Encryption market.
- Cisco Systems Inc.
- McAfee Inc.
- Proofpoint Inc.
- Symantec Corp.
- Zix Corp.
Other Prominent Vendors
- Axway Tumbleweed
- Sophos Ltd.
- TrendMicro Inc.
- Voltage Security
Key Market Drivers/Challenges/Trends
- Need to Prevent Insider Fraud and Data Theft.
- Increasing Complexity of Email Encryption.
- Adoption of Cloud-based Solutions.
Key Topics Covered:
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Market Description
- Market Landscape
- Global Email Encryption Market by End-user
- Global Email Encryption Market by Email Clients
- Geographical Segmentation
- Buying Criteria
- Market Growth Drivers
- Drivers and their Impact
- Market Challenges
- Impact of Drivers and Challenges
- Market Trends
- Trends and their Impact
- Vendor Landscape
- Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/w6gd5h/global_email
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