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.
U.S. messaging security market, by product, 2014 - 2025
(USD Million)
Browse full research report on Messaging Security Market: http://www.grandviewresearch.com/industry-analysis/messaging-security-market
Further key findings from
the report 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.
Access Press Release By Grand View Research: http://www.grandviewresearch.com/press-release/global-messaging-security-market
About Grand View Research,
Inc:
Grand View Research, Inc. is a U.S. based market research and consulting
company, registered in the State of California and headquartered in San
Francisco. The company provides syndicated research reports, customized
research reports, and consulting services. To help clients make informed
business decisions, the company offers market intelligence studies ensuring
relevant and fact-based research across a range of industries including
technology, chemicals, materials, healthcare and energy.
For more information: http://www.grandviewresearch.com

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