According to a new report, published by KBV research, The Global Messaging Security Market size is expected to reach $15.0 billion by 2030, rising at a market growth of 12.8% CAGR during the forecast period.
The Solution segment is leading the Global Messaging Security Market, By Component in 2022; thereby, achieving a market value of $10.0 billion by 2030. The solutions often include mechanisms to verify the authenticity of messages. This ensures that messages have not been altered or tampered with during transit, maintaining data integrity. To secure messaging systems involving email, instant messaging, and social media, an array of security methods, including encryption, authentication, access controls, and threat detection, are essential.
The Instant Messaging segment is anticipated to grow at a CAGR of 13.7% during (2023 - 2030). The instant messaging segment plays a significant role in driving the messaging security market. Instant messaging (IM) services, including popular platforms like WhatsApp, Slack, Microsoft Teams, and Telegram, have become integral to modern communication in personal and business contexts. The widespread adoption of instant messaging, especially in business and remote work scenarios, has increased demand for messaging security solutions.
The On-premises segment is generating the maximum revenue in the Global Messaging Security Market, By Deployment Type in 2022; thereby, achieving a market value of $8.1 billion by 2030. On-premises solutions give organizations complete control over their data, which is especially important for industries with strict data sovereignty and compliance requirements. The on-premises segment is estimated to retain its dominance in the upcoming years due to fully managing the message security environment and guaranteeing that private information and communications remain within its infrastructure, substantially boosting the market segment expansion.
The Media & Entertainment segment would register a CAGR of 14.5% during (2023 - 2030). The media & entertainment industry relies heavily on digital communication channels, making messaging security crucial to protect sensitive information, maintain content confidentiality, and ensure the smooth operation of various media-related processes. Messaging security solutions, including secure email and encrypted messaging apps, help media and entertainment companies protect their valuable assets, maintain the trust of partners and talent, and adhere to data privacy regulations in a highly competitive and dynamic industry.
The North America region dominated the Global Messaging Security Market, By Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $5.1 billion by 2030. The Europe region is exhibiting a CAGR of 12.6% during (2023 - 2030). Additionally, The Asia Pacific region is expected to witness a CAGR of 13.8% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/messaging-security-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country-wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Proofpoint, Inc. (Thoma Bravo), Cisco Systems, Inc., Trend Micro, Inc., Check Point Software Technologies Ltd., Microsoft Corporation, Forcepoint LLC (Francisco Partners), F-Secure Corporation, Barracuda Networks, Inc. (KKR & Co. Inc.), McAfee Corp., Broadcom, Inc.
By Component
By Communication Mode
By Deployment Type
By Vertical
By Geography
Companies Profiled