#messagingsecuritymarket

The global messaging security market is expected to reach USD 11.10 billion by 2025, according to a new study by Grand View Research, Inc. The market is expected to witness a CAGR of 13.7% over the forecast period, owing to increasing demand for cloud-based secure messaging products and solutions is driving the growth of the market. This can be attributed to the increasing popularity of Software-as-a-Service (SaaS) and virtual appliance based solutions

Organizations are increasingly utilizing instant messaging applications for external and internal communication, as they are a faster and cheaper mode of communication. However, with the accelerating adoption of this mode of communication, it becomes increasingly important to secure the messaging infrastructure as the communication environment is no longer secure. Hence, it is highly vulnerable to external threats.

Moreover, the increasing adoption of mobile devices is acting as another key driving factor contributing to the market growth. The accelerating demand for mobile devices for smoother communication amongst enterprises and its employees, through a network protected against threats, is paving the way for the adoption of secure messaging solutions and thus, facilitating secure access to critical enterprise information.

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Further key findings from the study suggest:

The email     protection segment dominated the product segment in 2016. Emails act as an     important source of storing critical information. However, their high     vulnerability to virus and spam attacks necessitates the application of     security solutions to safeguard emails against threats

Cloud     deployment is anticipated to become the preferred option of deployment for     messaging security products and solutions, as it offers greater     flexibility, convenience, accessibility, and easy maintenance

The     corporate segment is expected to find the highest application in the next     eight years. Corporates possess large amounts of critical data that is     required to be safeguarded against external and internal threats

North     America accounted for the largest share in 2016 owing to presence of     prominent market players in this region, who are continuously working on     developing new innovative technologies

The Asia     Pacific regional market is expected to experience the highest growth over     the next eight years. This can be attributed to the presence of emerging     economies such as India, China, and Australia that are expected to augment     their expenditure on security infrastructure

The list of     key industry participants includes Cisco Systems, Inc., Symantec Corp.,     Trend Micro Inc., McAfee LLC, Barracuda Networks, Inc., Proofpoint, Inc.,     Panda Security, Clearswift, Forcepoint LLC, and Sophos Ltd.

See More Reports of This Category: https://www.grandviewresearch.com/industry/network-security-software-and-services

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