Secure Email Gateway Market, By Type (On-premises, Cloud-based, Hybrid), By Application (Telecom and IT, Healthcare, Government Sector, Media and Entertainment, Banking and Insurance, Other), By Region – Global Analysis Forecast Till 2030

The Global Secure Email Gateway Market poised to grow at a compound annual growth rate of 14.31% during the forecast period 2022 to 2030.

Consumers use email security as a method to protect sensitive data against hacks, service interruptions, and various dangerous programmes. It provides methods for protecting private information from unauthorized access. It enables the person or organisation to provide the information to the target user with authenticity. It is employed by a variety of commercial institutions and sectors.

It is adept at managing all incoming and outgoing email traffic in order to identify dangers, stop them, and intercept confidential material before it falls into the wrong hands. Customers can establish strict email filtering policies thanks to this technology. According to the customer's requirements, comprehensive firewall rules and anti-virus policies are built. Their important customer data, IT procedures, and systems are secured with the aid of email security. Public and private banking institutions are concentrating on deploying cutting-edge technologies to thwart cyberattacks.

A secure email gateway is a crucial component of modern digital communication, acting as a protective barrier against cyber threats. One example of an email gateway is Proofpoint, which offers robust security features to safeguard sensitive information. Cloud email security solutions have emerged as the best choice for organizations seeking reliable protection, as they provide advanced defense mechanisms against phishing attacks, malware, and data breaches. Gartner's evaluation and recommendations are highly regarded in the industry when it comes to selecting the best email security solutions.

For detailed information, one can refer to the Mimecast email security datasheet, which outlines the features and benefits of their email security offerings. The architecture of an email gateway typically involves multiple layers of security measures, including content filtering, encryption, and authentication protocols. While some options come with a price tag, there are also free email gateways available, although they may offer limited functionalities compared to their paid counterparts.

Market Dynamics

Drivers:

The key drivers behind the growth of the BYOD trend and the rise in social spam and cyber dangers are what are driving the e-mail security market. The preference for cloud-based secure email gateways, which provide security against all modern threats like spam, phishing, and impersonation, as well as the addition of email fraud protection, which obstructs fake emails, is causing the email security industry to rise.

The secure email gateway market is impacted by factors such as rising demand brought on by organisations' IT departments having less work to do, the need for manual management of email security configurations, and solutions' ability to work together with email security to block threats on both cloud-based and on-premise platforms. Additionally, the solution's rising popularity is due to its benefits, including increased productivity for cybersecurity experts and workers, a reduction in alert fatigue due to the blocking of online threats, and management of response for threats depending on their criticality. These factors all have a positive impact on the secure email gateway market.

Restraints:

The increase in the risk of account takeover, credential theft, spear phishing, and credential theft, however, creates lucrative potential for the email security sector. The growth of the market is going to be limited by a few obstacles and limitations. The high expense associated with establishing these solutions is the main challenge businesses have when implementing e-mail security solutions. Growth is constrained by complex integrated systems and the integration of AI and IoT solutions into the current systems.

Key players:

• Barracuda Networks Inc.

• Cisco Systems Inc.

• FireEye Inc.

• Fortinet Inc.

• Microsoft Corp.

• Mimecast Services Ltd.

• Proofpoint Inc.

• Sophos Ltd.

• Symantec Corp.

• Trend Micro Inc.

• And Others

Market Segmentation:

Secure Email Gateway Market, By Component

• Solution

• Services

Secure Email Gateway Market, By Deployment

• On-premise

• Cloud

• Hybrid

Secure Email Gateway Market, By Enterprise Size

• Small and Medium Enterprise

• Large Enterprise

Secure Email Gateway Market, By Industry

• Banking, Financial Services, and Insurance

• IT and Telecommunication

• Energy and Utilities

• Manufacturing

• Retail & E-commerce

• Transportation & Logistics

• Other (Education, Travel & Tourism)

Secure Email Gateway Market, By Region:

• North America

• Europe

• Middle East & Africa

• the Asia Pacific

• South America

Regional Analysis:

The demand for secure email gateways is expected to continue to grow most rapidly in North America. The region was a significant contributor to revenue in 2019 and is anticipated to continue to lead during the forecast period. Some of the key factors anticipated to propel the market over the forecast period include rising government initiatives in North America to promote digitalization through cutting-edge technologies, rising use of cloud storage platforms across various industry verticals, rising internet & social media penetration, and growing enterprise awareness of data security.

Scope of the Report:

User

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