SHERIDAN, WYOMING, UNITED STATES, April 22, 2022 /EINPresswire.com/ — According to the latest report by IMARC Group, titled “Messaging Security Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” the global messaging security market reached a value of US$ 5.1 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 11.2 Billion by 2027, exhibiting a CAGR of 14% during 2022-2027.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Messaging security refers to a program that focuses on securing the communication infrastructure of an organization. It involves email antivirus, email intrusion prevention, internet protocol (IP) reputation-based anti-spam, pattern-based anti-spam, blocked or allowed list by the administrator, and zero-hour malware detection systems. It ensures the confidentiality and authenticity of the messages by developing a secure network, protecting the devices against malware, and restricting unauthorized information and phishing. It also helps in minimizing the risk of data leaks and identity theft.
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Digital transformation of business processes, coupled with the rising instances of cyberattacks, represents one of the key factors propelling the market growth. Apart from this, the increasing adoption of virtual appliance-based solutions, software-as-a-service (SaaS)-based platforms, and multi-cloud environments to secure sensitive data of users is creating a positive outlook for the market. Furthermore, the escalating demand for security solutions from instant messaging service providers is offering a favorable market outlook. Moreover, the introduction of innovative technologies for encrypted messaging solutions is expected to drive the market.
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List of Key Companies Covered in this Market Report:
Barracuda Networks Inc. (Thoma Bravo LLC)
Cisco Systems Inc.
McAfee LLC (TPG Capital and Intel Corporation)
Mimecast Services Limited
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:
Data Loss Prevention
Information Protection and Control
Breakup by Communication Type:
Breakup by Deployment Type:
Breakup by Vertical:
Government and Defense
IT and Telecommunication
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 (2016-2021)
Market Outlook (2022- 2027)
Porter’s Five Forces Analysis
Market Drivers and Success Factors
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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