Posted by IMARC Group, a leading market research company, has recently releases report titled “Messaging Security Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global messaging security market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights
How big is the messaging security market?
| Report Attributes | Details |
| Market Size in 2022 | US$ 5.9 Billion |
| Market Forecast in 2028 | US$ 12.7 Billion |
| Growth rate (2023 to 2028) | CAGR of 13.6% |
| Base Year of the Analysis | 2022 |
| Forecast Period | 2023-2028 |
What is messaging security?
Messaging security is the practice of safeguarding the messaging infrastructure by encrypting messages on a device. It helps restrict unwanted messages, develop a secure network, and protect devices against various threats. Some common components of messaging security include email antivirus, pattern-based anti-spam, IP reputation-based anti-spam, email intrusion prevention, zero-hour malware detection systems, and administrator-defined allow/block lists. It can be deployed on cloud and on-premises and offers transport independence and end-to-end security while minimizing messaging abuse. As a result, messaging security finds extensive applications in banking, financial services and insurance (BFSI), information technology (IT), real estate, government, defense, and healthcare sectors across the globe.
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What are the growth prospects and trends in the
messaging security industry?
The global messaging security market is primarily driven by the increasing prevalence of cyberattacks. Moreover, the rising use of cloud-based and virtual appliance-based solutions by organizations that operate in multi-cloud environments and rely on SaaS-based platforms to manage user data is positively influencing market growth. Additionally, the surging adoption of messaging security services for intra-company communication and coordination with other parties has catalyzed market growth. Furthermore, the rising demand for messaging security as it provides multi-layered protection against email phishing, business email compromise scams, and ransomware attacks are contributing to the market growth. Other factors, including the widespread adoption of mobile devices, the rising trend of remote working, and the development of innovative technologies for secure messaging solutions, are also anticipated to create a positive market outlook.
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List of Key Companies Covered in this Market Report:
- Barracuda Networks Inc. (Thoma Bravo LLC)
- Cisco Systems Inc.
- F-Secure Oyj
- McAfee LLC (TPG Capital and Intel Corporation)
- Microsoft Corporation
- Mimecast Services Limited
- Proofpoint Inc.
- Quick Heal Technologies Ltd
- Trend Micro Incorporated
- Trustwave Holdings Inc. (Singapore Telecommunications Ltd.)
The report has segmented on the basis of component, communication type of coating, application, deployment type, vertical and geography.
Breakup by Component:
- Solution
- Content Filtering
- Web Filtering
- Email Encryption
- Data Loss Prevention
- Information Protection and Control
- Anti-Spam/ Anti-Malware
- Services
- Professional Services
- Managed Services
Breakup by Communication Type:
- Instant Messaging
- Email Messaging
Breakup by Deployment Type:
- On-premises
- Cloud-based
Breakup by Vertical:
- BFSI
- Government and Defense
- IT and Telecommunication
- Real Estate
- Healthcare
- Others
Breakup by Geography:
- North America (U.S. & Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
- Latin America (Brazil, Mexico)
- Middle East & Africa
Key highlights of the report:
- Market Performance (2017-2022)
- Market Outlook (2023- 2028)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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