The Global Cloud Email Security Market is valued at USD XX.XX billion in 2016 and is expected to reach a value of USD XX.XX billion by the end of 2022, growing at a projected CAGR of 8.4% during the forecast period of 2017 - 2022.
While email threats continue to grow and evolve, organizations are demanding more from their IT teams more protection, more efficiency and more flexibility. To meet these demands, IT teams need more flexibility to architect solutions that address these business imperatives.
There are three broad categories of email security on the basis of deployment and flexibility.
First, there are customers that want to improve operational efficiency by outsourcing the problem of spam through the use of cloud or software-as-a-service solution.
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The second includes customers that want to maintain maximum control of sensitive outbound information through the deployment of on-premises email security infrastructure.
The third category encompasses customers that want to use a hybrid which includes use of cloud solutions for efficiency while still maintaining the benefits of an on-premises appliance-based deployment.
The Cloud-based security is an optimal solution for midsize enterprises with SMBs more and more moving to cloud environment to save upon the initial investments and longer setup time. As with all outsourcing activities, cloud-based security has an inherent risk because organizations using this delivery model have to rely on and trust a third-party provider to maintain the level of service stipulated in the contract.
Many variables could affect the level of service, such as interruptions due to technical issues or financial bankruptcy. So, a serious failure of one or more well-known, cloud-based security providers could damage organizations' confidence in cloud-based security as a whole.
As a result, they may revert to on-premises equipment, affecting growth in the cloud-based market.
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The report provides an in-depth analysis of the cloud Email security market across different industry verticals and regions. The Cloud Email security market is segmented across the Geographical regions namely North America, Europe, Asia Pacific and Rest of World.
The North American Market continue to dominate the market with 44% of the market share and further the US market plays a vital role in generating revenues by contributing more than 60% to the total revenue generated by the North American region.
The vertical segment includes various industries such as Telecom and Information Technology, Banking and Financial Services, Oil and Gas, Manufacturing, Healthcare, Local/Central Government, Travel and Transport, Retail, Entertainment and Media and Other Industries.
Cloud Email security market is competitive and diversified market with key major players such as Cisco, McAfee, Trend Micro, Panda Security, Websense, Mimecast, Barracuda Networks, Proofpoint, Appriver, Google, Symantec, Microsoft, Fortinet, Webroot, Watchguard, Sophos, Dell, Silversky, Clearswift and Trustwave.
The demand for the cloud email security software market is going to grow in the coming years as these systems reduce the onsite datacenter footprint and save cost. They also have flexible deployment options and the demand will continue to grow with the need to safeguard their mails from spams, viruses and inappropriate content.
The legal data security requirements for data transfer could become a possible issue for this particular market.
WHAT THE REPORT OFFERS
- Global Cloud Email Security Software Market Overview with information on drivers and restraints
- Global Cloud Email Security Software Market Analysis and its applications in the industry
- Identification of factors responsible for changing the market scenarios, rising prospective opportunities and identification of key companies which can influence the market on global and regional scale
- Extensively researched competitive landscape with profiles of major companies along with their market shares
- A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information
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