Messaging Security Market Research Report - Global Forecast to 2023

Messaging Security Market, By Components (Solution, Service), By Solution (Email Encryption), By Service (Professional Service, Managed Service), By Mode of Communication (Instant Messaging), By Deployment (Cloud, On-Premise) - Forecast 2023

ID: MRFR/ICT/2875-HCR | February 2021 | Region: Global | 100 pages

Market Synopsis of Messaging Security Market:


Market Scenario:


McAfee LLC a key player in messaging security market offers varied security platforms that includes cloud, email, data protection and encryption. It provides a combined approach to the cloud and data center transformation with full visibility and control that reaches all corners of the hybrid infrastructure. Trend Micro is one of the prominent player in the messaging security market. It offers provides the protection against both traditional and targeted attacks. The company has designed optional sandbox execution analysis, it blocks spam, fraud practices, and advanced persistent threats (APTs). It provides a hybrid SaaS deployment option that provides a powerful gateway virtual appliance with a SaaS prefilter that stops majority of threats and spam in the cloud service.


North America holds largest market share in messaging security market owing to presence of global players in United States and leader in technology gives main advantage to North America. Europe holds second biggest market position. Asia-Pacific has emerged as fastest growing market in the messaging security market. High presence of IT and healthcare sector in China and Japan and rich service industry in India as well as growing economy of the Asian countries is boosting the market of messaging security in Asia-Pacific region.


The key drivers of messaging security market is increasing number of spams, cyber-attacks, malicious software and high adoption of cloud based services is driving the market.


The messaging security market is segmented on the basis of components, type, mode of communication, deployment and vertical. Cloud solution accounts for highest market share as it helps enterprises by minimizing cost associated with the IT infrastructure. Cloud solution enable enterprise to focus on core business competencies. It provides enterprises with data protection and security, efficiently manage storage and privacy issues, offers data integrity and provides information related to governance and make enterprise legally prepared.          


The messaging security market is expected to grow at approximately USD 6 Billion by 2023, at 16% of CAGR between 2017 and 2023.


Messaging Security Market


 Messaging Security Market Image
Key Players:


The prominent players in the messaging security market are – McAfee LLC (U.S.), Cisco Systems, Inc. (U.S.), Trend Micro Incorporated (Japan), Symantec Corporation (U.S.), Proofpoint Inc. (U.S.), Forcepoint (U.S.), Microsoft Corporation (U.S.), Sophos Ltd. (U.K.), Barracuda Networks Inc. (U.S.), F-Secure Corporation (Finland) and others.


Segments:


Messaging security market for segment on the basis of component, type, mode of communication and vertical.


Messaging Security Market by Component:
By Solutions



  • Content Filtering

  • Web Filtering

  • Email Encryption

  • Data Loss Prevention

  • Information Protection And Control

  • Anti-Spam/Anti-Malware


By Service



  • Professional Mode Of Communication

  • Managed Mode Of Communication


Messaging Security Market by Type:



  • Message Confidentiality

  • Message And System Integrity

  • Message Authentication

  • Cryptographically Signed Certificate


      E-Commerce Authentication


      Third Party Authentication


Messaging Security Market by Mode of Communication:



  • Email

  • Instant Messaging


Messaging Security Market by Deployment:



  • Cloud

  • On-Premise


Messaging Security Market by Vertical:



  • BFSI

  • Healthcare And Life science

  • Media & Entertainment

  • Retail & Ecommerce

  • Automotive And Manufacturing

  • Others


Intended Audience



  • Investors and consultants

  • System Integrators

  • Government Organizations

  • Research/Consultancy firms

  • Technology solution providers

  • IT Solution Providers

  • Cloud Service Providers

  • Instant Messaging Vendors

  • Security Solution Providers



Frequently Asked Questions (FAQ) :


North America tends to hold the largest market share in the messaging security market.

High presence of IT and healthcare sectors in China and Japan and the prosperous service industry in India along with the upward economy of the Asian countries are expanding the market in the Asia-Pacific region.

The market will be gaining a valuation of USD 6 Billion by 2023, as per the study.

The market, as per the study, will be growing at 16% of CAGR during the forecast period.

Mode of communication, Type, and vertical are the segments involved in the segmental analysis of the market.