Dallas, Texas (PRWEB) April 07, 2014
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.
Analysts forecast the Global Email Encryption market will grow at a CAGR of 21.05 percent over the period 2013-2018. 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.
Covered in this Report
This report covers the present scenario and the growth prospects of the Global Email Encryption market for the period 2014-2018. To calculate the market size, the report considers revenue generated from the sales of email encryption solutions. The report also presents the vendor landscape and a corresponding detailed analysis of the top five vendors in the Global Email Encryption market. In addition, the report discusses the major drivers that influence the growth of the Global Email Encryption market. It also outlines the challenges faced by the vendors and the market at large, as well as the key trends that are emerging in the market.
The Global Email Encryption Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas and the EMEA and APAC regions; it also covers the Global Email Encryption market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
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- Cisco Systems Inc.
- McAfee Inc.
- Proofpoint Inc.
- Symantec Corp.
- Zix Corp.
Other Prominent Vendors
- Axway Tumbleweed
- Sophos Ltd.
- TrendMicro Inc.
- Voltage Security
Key Market Driver
- Need to Prevent Insider Fraud and Data Theft.
Key Market Challenge
- Increasing Complexity of Email Encryption.
Key Market Trend
- Adoption of Cloud-based Solutions.
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.
Key Questions Answered in this Report
- What will the market size be in 2018 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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