Global Cloud E-mail Security Market to Expand at 15.50% CAGR between 2016 and 2020

Published Date : May 23, 2016

ALBANY, New York, May 23, 2016 - has announced the addition of a new study on the global cloud e-mail security market to its vast base of research reports. The market study, titled “Global Cloud E-Mail Security Market 2016-2020,” provides a comprehensive reports of the historical as well as the current performance of this market.

This 55-page research study presents a detailed assessment of the worldwide market for cloud e-mail security, taking various important factors such as driving forces, limitations, the growth rate, opportunities, the major trends, as well as future prospects of this market into consideration.

According to the research report, the growing usage of e-mail services, coupled with the rising threat to cloud-based data, has boosted the global market for cloud e-mail security significantly in the recent times. The increasing incidence of cloud-service-specific attacks, particularly archived e-mails in the cloud, is also fueling the demand for cloud e-mail security worldwide.

Analysts estimate the global market for cloud e-mail security to register a CAGR of 15.50% between 2016 and 2020. The increasing uptake of hybrid cloud security solutions in organizations is likely to propel this market substantially over the forecast period.

The report analyzes the global market for cloud e-mail security on the basis of the end user and the geographical spread of this market. Based on the end user, the market has been segmented into government organizations, large enterprises, and small- and medium-sized enterprises (SMEs). In 2015, the large enterprises segment emerged as the biggest end user of cloud e-mail security solutions. Experts predict this segment to retain its position by expanding at a CAGR of approximately 15% during the forecast period.

On the regional basis, the study classifies the worldwide cloud e-mail security market into the Americas, Asia Pacific, and Europe and the Middle East and Africa. The Americas dominated the overall market in 2015 with a share of more than 47%. The increasing cases of insider fraud in enterprises operating in this region are stimulating the adoption of cloud e-mail security solutions in the Americas remarkably. The trend is projected to continue over the forecast period, states the report.

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The report also maps the competitive landscape of the global market for cloud e-mail security by analyzing the profiles of the key companies operating in this market. As per the study, the market is extremely fragmented, owing to the presence of a large pool of market players including a number of international vendors as well as numerous local service providers.

Cisco Systems, Symantec Corp., Trend Micro, The Raytheon Co., and Intel Corp. are the leading cloud e-mail security providers in the global market. Other major market participants profiled in this research study are Entrust, AppRiver, Panda Security, Avira, Apptix, Barracuda Networks, Proofpoint Inc., Watchguard Technologies Inc., Dell SonicWALL Security Solutions, and Mimecast.

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