(Wireless-NewsWire.Com, March 22, 2018 ) Global Email Encryption Market and Regional Market Size, Status and Forecast to 2025
Email encryption refers to an encryption and authentication mechanism of an email message to prevent the contents from being read by an unauthorized recipient. Emails can be encrypted and decrypted by means of a digital signature mechanism that uses public and private keys. Key benefits of email encryption includes protection of private information, avoids spam, time efficient, cost efficient, ensures secure communication with the customers, and protects internal emails and shield potential intrusions from malware and other insider threats.
The email encryption market is consolidated with big players, such as HP, Symantec, McAfee, Sophos, TrendMicro, Cisco, Proofpoint, Entrust, Zix Corporation, and Microsoft. The report also defines the top European vendors such as Galaxkey, DESLock+ and Tutanota, which have presence in other regions as well.
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The technology penetration among small and medium scale industries has increased the use of e-mail for sharing information amongst its employees and clients. These e-mails often carry confidential data which needs to be protected from manipulation and theft. E-mail encryption is a tool which helps organizations to protect their information from malicious programmers.
The process, known as cryptography, is used to protect the e-mail in e-mail encryption. The e-mail (or plain text) is initially converted into encrypted text (cipher text) and a private key is used to retrieve the information from the cipher text at the terminal end. The rising number of organizations replying on the use of email globally is the key factor attributable for the growth of e-mail encryption software market.
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The e-mail encryption market is segmented on the basis of deployment and end-use industry. In terms of deployment, e-mail encryption market is further segmented as web-based services and cloud based services. In web-based service, the software services are provided to the user by service provider through internet. E-mail encryption software is installed at the user-end and all client related information is stored in the user’s data storage device.
Market Dynamics:
1. Market Drivers 1.1 Increasing demand for security solutions 1.2 Rising internal threats among users 1.3 Increasing demand for cloud-based solutions 1.4 Rise in adoption of standards and privacy regulations 2. Market Restraints 2.1 Key management requirements 2.2 Costly encryption solutions 2.3 Detection of rising spam mails
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Source: EmailWire.Com
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