The Asia Pacific Email Security Market would witness market growth of 10.7% CAGR during the forecast period (2023-2030).
Consumers use email security to protect sensitive information from data breaches, denial of service attacks, and other harmful software. It provides techniques for securing sensitive information against unauthorized access. It enables the person or organization to provide the intended user with accurate information. A wide range of business sectors and organizations employs it.
It is adept at controlling all incoming and outgoing emails to detect and, barring threats and intercept confidential information before it falls into the wrong hands. With the help of this technology, users can establish strict email filtering policies. Detailed firewall rules and anti-virus policies are developed based on the consumer's requirements. Their customer-critical data, IT procedures, and systems are all protected by email security. Private and public banking institutions are concentrating on deploying cutting-edge technologies to combat cyberattacks.
The key drivers of the market include the rising number of online dangers, social spam, and BYOD adoption. The preference for cloud-based secure email gateways, which provide security against all sophisticated threats like spam, phishing, and impersonation, as well as the addition of email fraud protection, which obstructs fake emails, is causing the market to rise.
IDC Japan estimates that the market for cybersecurity products in Japan is worth $3.6 billion, up 16% over the previous year. Security issues, including phishing, malware, identity theft, and system breaches, increased dramatically across the nation as the pandemic changed work patterns from the office to online. The number of cybersecurity incidents and their impacts has also increased in Japan. Additionally, as attackers take advantage of disruptions in economic and geopolitical order, businesses in the Asia Pacific region continue to face increasing cyber threats. Email security solutions are becoming more popular throughout the region due to such causes.
The China market dominated the Asia Pacific Email Security Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $679.1 million by 2030. The Japan market is registering a CAGR of 9.9% during (2023 - 2030). Additionally, The India market would showcase a CAGR of 11.3% during (2023 - 2030).
Based on Application, the market is segmented into IT & Telecom, Government, Healthcare, Media & Entertainment, BFSI, and Others. Based on Deployment Type, the market is segmented into Cloud, On-premise, and Hybrid. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Email Security Market is Projected to reach USD 7.7 Billion by 2030, at a CAGR of 9.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Cisco Systems, Inc., Broadcom, Inc., Open Text Corporation, Fortinet, Inc., Barracuda Networks, Inc., Trend Micro Inc., BAE Systems PLC, Proofpoint, Inc. (Thoma Bravo), Intermedia.net, Inc. and DataFlowX.
By Application
By Deployment Type
By Country
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