Email Encryption Market Estimated to 4.21 Billion USD by 2020

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MarketsandMarkets Presents
Email Encryption Market worth
4.21 Billion USD by 2020 https//www.marketsandma
rkets.com/Market-Reports/email-encryption-market-1
82623205.html
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According to new market research report  "Email
Encryption Market by Deployment Type (On-Premises
and Cloud), Industry Vertical (BFSI, Healthcare,
Government, Retail, and IT and telecom), and
Region (North America, Europe, APAC, MEA and
Latin America)- Global Forecast to 2020", The
email encryption market is expected to reach USD
4.21 Billion by 2020 at an estimated compound
annual growth rate of 23.5.
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Browse 47 market data tables and 61 figures
spread through 147 pages and in-depth TOC
on Email Encryption Market - Global Forecast to
2020. https//www.marketsandmarkets.com/Market-R
eports/email-encryption-market-182623205.html
Early buyers will receive 10 customization
on this report .
 
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Email
Encryption Market The email encryption market is
expected to grow increasingly due to the
augmentation and modernization of technology in
this sector. Today, there has been a high growth
of email encryption adoption among small and
medium enterprises in various industry verticals.
These enterprises require email encryption
solutions in order to secure their confidential
and personal documents from theft and loss.
 
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The rise in the adoption of Bring Your Own Device
(BYOD) policies in the organizations has
increased the usage email encryption The rise in
the adoption of BYOD policies in organizations
has increased the usage of personal devices among
employees to access organizational information.
Moreover, it has enhanced the usage of personal
devices to access real-time information related
to organization from anywhere. It has also
increased the risk of data theft while sending
and receiving mails. There by, organizations and
users need to implement email encryption solution
to communicate with other parties without the
risk of losing information to hackers.


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The adoption of standards and privacy rules such
as PCI DSS are driving the email encryption
market The email encryption market is growing in
North America and European regions due to the
adoption of standards and privacy rules such as
PCI DSS and HIPAA. Moreover, rising demand for
cloud-based services is furthering the growth of
the email encryption market as users have started
demanding cloud-based encryption solutions as
cloud-based services are less costly. At present,
users in AsiaPacific (APAC) have started
implementing encryption solutions but lack of
knowledge regarding its usage and advantages is
restricting the adoption of email encryption
solutions.


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