According to MRFR Research Analyst, McAfee LLC a key player in messaging security market offers varied security platforms that include cloud, email, data protection and encryption. It provides a combined approach to the cloud and data center transformation with full visibility and control that reaches all corners of the hybrid infrastructure. Trend Micro is one of the prominent player in the messaging security market. It offers provides the protection against both traditional and targeted attacks. The company has designed optional sandbox execution analysis, it blocks spam, fraud practices, and advanced persistent threats (APTs). It provides a hybrid SaaS deployment option that provides a powerful gateway virtual appliance with a SaaS prefilter that stops majority of threats and spam in the cloud service.
North America holds largest market share in messaging security market owing to presence of global players in United States and leader in technology gives main advantage to North America. Europe holds second biggest market position. Asia-Pacific has emerged as fastest growing market in the messaging security market. High presence of IT and healthcare sector in China and Japan and rich service industry in India as well as growing economy of the Asian countries is boosting the market of messaging security in Asia-Pacific region.
The key drivers of messaging security market is increasing number of spams, cyber-attacks, malicious software and high adoption of cloud based services is driving the market.
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Major Key Players
McAfee LLC (U.S.),
Cisco Systems, Inc. (U.S.),
Trend Micro Incorporated (Japan),
Symantec Corporation (U.S.),
Proofpoint Inc. (U.S.),
Microsoft Corporation (U.S.),
Sophos Ltd. (U.K.),
Barracuda Networks Inc. (U.S.),
F-Secure Corporation (Finland)
The messaging security market is expected to grow at approximately USD 6 Billion by 2023, at 16% of CAGR between 2017 and 2023.
On the basis of regional analysis the market is segmented into North America, Europe, Asia-Pacific and Rest of the World. North America region is generating highest market share in the messaging security market owing to better network infrastructure, digitization and higher technology implementation. Digitization in North America is mainly due to the invention of advanced technology and economies benefitting from it. North America region is leading due to presence of major players from the region in the messaging security market. The implementation of software based messaging security solutions by both small and medium enterprises is increasing rapidly, especially one into banking and finance. The messaging security is gaining demand as organization seek to increase their business productivity by shifting from on-premise to cloud based. The initial low cost, saving amount spent on infrastructure, automatic software upgrading and seamless integration is driving the market of cloud based messaging security solution.
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Messaging security market for segment on the basis of component, type, mode of communication and vertical.
Messaging Security Market by Component:
- Content Filtering
- Web Filtering
- Email Encryption
- Data Loss Prevention
- Information Protection And Control
- Professional Mode Of Communication
- Managed Mode Of Communication
Messaging Security Market by Type:
- Message Confidentiality
- Message And System Integrity
- Message Authentication
- Cryptographically Signed Certificate
- E-Commerce Authentication
- Third Party Authentication
Messaging Security Market by Mode of Communication:
- Instant Messaging
Messaging Security Market by Deployment:
Messaging Security Market by Vertical:
- Healthcare And Life science
- Media & Entertainment
- Retail & Ecommerce
- Automotive And Manufacturing
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