Symantec Corporation
Entrust, Inc.
Trend Micro
ZIX Corporation
Mcafee (Intel)
Proofpoint
Cisco Systems, Inc.
Sophos Ltd.
Hewlett Packard
Microsoft Corporation
According to Verified Market Intelligence, the Global Email Encryption Market was valued at USD 2.05 billion in 2016 and is projected to reach USD 14.19 billion by 2025, growing at a CAGR of 24.01% from 2017 to 2025.
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Email encryption involves the encryption and authentication of an email message to deter the contents from being read by an individual who is unauthorized to receive the information. Emails can be encrypted as well as decoded by the digital signature mechanism. The digital signature mechanism uses both private as well as public keys in order to encrypt and decode the data. The advantages that come with the incorporation of email encryption are as follows: cost-efficient, secure communication assurance, internal email protection, as well as time efficiency.
With the rise in the adoption of services such as cloud-based solutions, there is an increase in the number of internal threats and therefore a rise in the need for security solutions. These factors are driving the markets growth for email encryption. Factors such as the costliness of incorporation of encryption solutions are restraining the market for email encryption.
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Source: EmailWire.Com