Email Encryption Market by Type (End to End Encryption, Email Gateway Encryption, Message Encryption), Offering (Solutions, Services (Professional, Managed)), Vertical (Healthcare, IT & ITeS, Government, BFSI), Region - Global Forecast to 2030
The email encryption market is projected to grow from USD 9.30 billion in 2025 to USD 23.33 billion by 2030 at a Compound Annual Growth Rate (CAGR) of 20.2% during the forecast period. The market is expanding significantly, spurred by an increase in email data breaches. Complementing this is an increase in BEC frauds and spear phishing incidents. Concurrently, regulatory measures and data privacy compliances are pushing organizations globally to adopt advanced security solutions such as email encryption. These factors, combined with the advancements in encryption technology, are driving the email encryption market globally.
Scope of the Report
Years Considered for the Study
2019-2030
Base Year
2024
Forecast Period
2025-2030
Units Considered
USD (Billion)
Segments
Offering, Services, Type, Organization Size, Deployment Mode, Vertical, and Region.
Regions covered
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America
"By vertical, the BFSI segment is expected to lead the market during the forecast period."
The BFSI segment, comprising banks, financial institutions, and insurance entities, boasts the largest share in the email encryption market because it handles enormous amounts of extremely sensitive financial and personal data. This makes it a prime target for data breaches and cyberattacks. Financial institutions must put strong data protection measures in place, including secure email communication, in order to comply with regulatory requirements like GLBA, PCI-DSS, and local data privacy laws. Furthermore, maintaining confidentiality, integrity, and compliance is essential given the growth of digital banking, online transactions, and email correspondence with customers. In order to preserve trust, stay out of trouble with the law, and protect client data, BFSI companies are making significant investments in cutting-edge email encryption solutions, which are fueling the industry's commanding market share.
By region, Asia Pacific is projected to register the highest CAGR during the forecast period.
The Asia Pacific region is expected to account for the highest growth in the email encryption market because of its rapid digital transformation, widespread use of cloud services, and mobilization of remote work environments. Secure email communication is being increasingly used by companies in the government, healthcare, finance, and SMB sectors to abide by data protection laws and combat the growing threat of cyberattacks. Scalable encryption solutions are in high demand due to the region's widespread use of cloud-based email platforms and the requirement to secure them. The rapid adoption and anticipated growth of email encryption in the Asia Pacific region are being driven by the convergence of modernization, regulation, and cybersecurity awareness.
Breakdown of primaries
The study contains insights from various industry experts, from component suppliers to Tier 1 companies and OEMs. The break-up of the primaries is as follows:
By Company Type: Tier 1 - 35%, Tier 2 - 45%, and Tier 3 - 20%
By Designation: C-Level Executives - 40%, Manager & Others- 60%
By Region: Asia Pacific - 45%, Europe - 35%, North America - 20%
Major vendors in the global email encryption market include Fortinet (US), BAE Systems (UK), Mimecast (UK), Cisco (US), Proofpoint (US), Zoho (India), Broadcom (US), OpenText (Canada), Barracuda Networks (US), Thales (France), HPE (US), Entrust (US), Fortra (US), Sophos (UK), Trend Micro (Japan), Seclore (US), Egress Software (KnowBe4) (UK), Echoworx (Canada), Lux Scientiae (LuxSci) (US), NeoCertified (US), SSH Communications (Finland), Retarus (Germany), Paubox (US), PreVeil (US), Sealit Technologies (UK), SendSafely (US), and Zivver (Netherlands).
The study includes an in-depth competitive analysis of the key market players, their company profiles, recent developments, and key market strategies.
Research Coverage
The report segments the email encryption market and forecasts its size by Offering (solutions and services), type (email gateway encryption, end-to-end encryption, and message encryption), Service (professional services and managed services), Deployment Mode (on-premises, cloud, and hybrid), Organization Size (small and medium-sized enterprises and large enterprises), Vertical (BFSI, government, retail & e-commerce, IT & ITeS, telecommunications, healthcare, energy & utilities, manufacturing, and others).
The study also includes an in-depth competitive analysis of the market's key players, their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.
Key Benefits of Buying the Report
The report will help market leaders and new entrants with information on the closest approximations of the revenue numbers for the overall email encryption market and its subsegments. It will also help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies. The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
Analysis of key drivers (surge in email data breaches, increase in BEC frauds and spear phishing incidents, rise in stringent government regulations and data privacy compliance, and advancements in encryption technology), restraints (complex implementation and compatibility issues), opportunities (rapid adoption of remote work, advancements in AI and ML powered solutions, proliferation of mobile devices, and migration of email infrastructure to cloud-based platforms), and challenges (lack of seamless integration with operating systems and interoperability issues and infrastructure limitations)
Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the email encryption market.
Market Development: Comprehensive information about lucrative markets - the report analyses the email encryption market across varied regions.
Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the email encryption market.
Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading market players, including Fortinet (US), BAE Systems (US), Mimecast (UK), Cisco (US), and Proofpoint (US).
TABLE OF CONTENTS
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.3 MARKET SCOPE
1.3.1 MARKET SEGMENTATION
1.3.2 INCLUSIONS AND EXCLUSIONS
1.4 YEARS CONSIDERED
1.5 CURRENCY CONSIDERED
1.6 STAKEHOLDERS
1.7 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
2.1.1 SECONDARY DATA
2.1.2 PRIMARY DATA
2.1.2.1 Breakup of primary profiles
2.1.2.2 Key insights from industry experts
2.2 MARKET SIZE ESTIMATION
2.2.1 TOP-DOWN APPROACH
2.2.2 BOTTOM-UP APPROACH
2.3 DATA TRIANGULATION
2.4 MARKET FORECAST
2.5 RESEARCH ASSUMPTIONS
2.6 LIMITATIONS
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR KEY PLAYERS IN EMAIL ENCRYPTION MARKET
4.2 EMAIL ENCRYPTION MARKET, BY OFFERING, 2025-2030
4.3 EMAIL ENCRYPTION MARKET, BY SERVICE, 2025-2030
4.4 EMAIL ENCRYPTION MARKET, BY TYPE, 2025-2030
4.5 EMAIL ENCRYPTION MARKET, BY DEPLOYMENT MODE, 2025-2030
4.6 EMAIL ENCRYPTION MARKET, BY ORGANIZATION SIZE, 2025-2030
4.7 EMAIL ENCRYPTION MARKET, BY VERTICAL, 2025-2030
4.8 EMAIL ENCRYPTION MARKET: TOP THREE VERTICALS AND REGIONS
4.9 MARKET INVESTMENT SCENARIO, BY REGION
5 MARKET OVERVIEW AND INDUSTRY TRENDS
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Surge in email data breaches
5.2.1.2 Increase in BEC frauds and spear-phishing incidents
5.2.1.3 Rise in stringent government regulations and data privacy compliance
5.2.1.4 Advancements in encryption technology
5.2.2 RESTRAINTS
5.2.2.1 Complex implementation and compatibility issues
5.2.2.2 Cost constraints associated with email encryption solutions
5.2.3 OPPORTUNITIES
5.2.3.1 Expansion of remote and hybrid work environments
5.2.3.2 Advancements in AI and ML-powered solutions
5.2.3.3 Proliferation of mobile devices
5.2.3.4 Growing demand for cloud-based email encryption solutions
5.2.3.5 Adoption of user-friendly encryption interfaces
5.2.4 CHALLENGES
5.2.4.1 Lack of seamless integration with operating systems
5.2.4.2 Interoperability issues and infrastructure limitations
5.3 CASE STUDY ANALYSIS
5.3.1 SECLORE'S INNOVATIVE EMAIL ENCRYPTION SOLUTION EMPOWERS AMERICAN EXPRESS WITH ENHANCED SECURITY AND COMPLIANCE
5.3.2 GLOBAL BANK DEPLOYS SYSCOM'S IN-HOUSE VIRTUAL APPLIANCE TO STRENGTHEN EMAIL ENCRYPTION
5.3.3 NORTHEASTERN RURAL HEALTH CLINICS DEPLOYS TRUSTIFI'S PLATFORM TO ESTABLISH USER-FRIENDLY MANAGEMENT CONSOLE
5.3.4 ZEVA AND MICROSOFT LAUNCH DECRYPTNABOX TO OVERCOME CHALLENGES OF TRADITIONAL EMAIL ENCRYPTION
5.3.5 ORIGO IMPLEMENTS TREND MICRO'S ENCRYPTION SOLUTION FOR ROBUST AND EASY-TO-USE EMAIL SECURITY
5.4 VALUE CHAIN ANALYSIS
5.5 ECOSYSTEM ANALYSIS
5.6 PORTER'S FIVE FORCES ANALYSIS
5.6.1 THREAT OF NEW ENTRANTS
5.6.2 BARGAINING POWER OF SUPPLIERS
5.6.3 BARGAINING POWER OF BUYERS
5.6.4 THREAT OF SUBSTITUTES
5.6.5 INTENSITY OF COMPETITIVE RIVALRY
5.7 PRICING ANALYSIS
5.7.1 AVERAGE SELLING PRICE TREND OF SOLUTION FEATURES, BY KEY PLAYERS (2024)
5.7.2 INDICATIVE PRICING ANALYSIS, BY SOLUTION (2024)
5.8 TECHNOLOGY ANALYSIS
5.8.1 KEY TECHNOLOGIES
5.8.1.1 Artificial intelligence and machine learning
5.8.1.2 Public key infrastructure
5.8.1.3 Cloud-native security
5.8.1.4 Digital signatures
5.8.2 ADJACENT TECHNOLOGIES
5.8.2.1 Zero trust security
5.8.2.2 Blockchain technology
5.8.2.3 Mailchain technology
5.8.3 COMPLEMENTARY TECHNOLOGIES
5.8.3.1 Quantum-safe cryptography
5.8.4 EMERGING TRENDS AND INNOVATIONS IN EMAIL ENCRYPTION TECHNOLOGY
5.9 PATENT ANALYSIS
5.10 TRENDS AND DISRUPTIONS IMPACTING CUSTOMERS' BUSINESSES
5.11 EMAIL ENCRYPTION MARKET: TECHNOLOGY ROADMAP
5.12 EMAIL ENCRYPTION MARKET: BUSINESS MODEL
5.13 REGULATORY LANDSCAPE
5.13.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.13.2 KEY REGULATIONS IN EMAIL ENCRYPTION MARKET
5.13.3 FISMA (FEDERAL INFORMATION SECURITY MANAGEMENT ACT)
5.13.4 ISO 27001
5.13.5 PAYMENT CARD INDUSTRY DATA SECURITY STANDARD (PCI-DSS)
5.13.6 GENERAL DATA PROTECTION REGULATION (GDPR)
5.13.7 SARBANES-OXLEY ACT (SOX)
5.13.8 CANADA'S ANTI-SPAM LEGISLATION (CASL)
5.13.9 SERVICE ORGANIZATION CONTROL (SOC 2)
5.13.10 HEALTH INSURANCE PORTABILITY AND ACCOUNTABILITY ACT (HIPAA)
5.13.11 CAN-SPAM ACT
5.14 KEY STAKEHOLDERS AND BUYING CRITERIA
5.14.1 KEY STAKEHOLDERS IN BUYING PROCESS
5.14.2 BUYING CRITERIA
5.15 KEY CONFERENCES AND EVENTS, 2025-2026
5.16 INVESTMENT LANDSCAPE AND FUNDING SCENARIO
5.17 IMPACT OF GENERATIVE AI ON EMAIL ENCRYPTION MARKET
5.17.1 TOP USE CASES AND MARKET POTENTIAL
5.17.2 IMPACT OF GEN AI ON INTERCONNECTED AND ADJACENT ECOSYSTEMS
5.17.2.1 Cloud computing
5.17.2.2 Blockchain
5.17.2.3 Digital signatures
5.17.2.4 Zero trust architecture
5.17.2.5 Quantum-safe cryptography
5.18 IMPACT OF 2025 US TARIFF - OVERVIEW
5.18.1 INTRODUCTION
5.18.2 KEY TARIFF RATES
5.18.3 PRICE IMPACT ANALYSIS
5.18.4 KEY IMPACT ON VARIOUS REGIONS/COUNTRIES
5.18.4.1 US
5.18.4.2 Canada
5.18.4.3 Mexico
5.18.4.4 Europe
5.18.4.4.1 Germany
5.18.4.4.2 France
5.18.4.4.3 UK
5.18.4.5 Asia Pacific
5.18.4.5.1 China
5.18.4.5.2 India
5.18.4.5.3 Australia
5.18.4.6 Industries
5.18.4.6.1 BFSI
5.18.4.6.2 Healthcare
5.18.4.6.3 Government
5.18.4.6.4 Manufacturing
5.19 EMAIL ENCRYPTION MARKET: EVOLUTION AND TIMELINE
5.19.1 COMPREHENSIVE EXAMINATION OF MODERN EMAIL ENCRYPTION PROTOCOLS
5.19.1.1 Modern email encryption protocols: Holistic overview
5.19.1.1.1 SSL handshake: Ensuring secure email communication
5.20 EMAIL ENCRYPTION MARKET FRAMEWORK
5.21 EMAIL ENCRYPTION PROTOCOLS
5.21.1 PGP (PRETTY GOOD PRIVACY)
5.21.2 S/MIME (SECURE/MULTIPURPOSE INTERNET MAIL EXTENSIONS)
5.21.3 STARTTLS
5.21.4 DKIM (DOMAINKEYS IDENTIFIED MAIL)
5.21.5 OPEN PGP
5.21.6 AES-256
6 EMAIL ENCRYPTION MARKET, BY OFFERING
6.1 INTRODUCTION
6.1.1 OFFERING: EMAIL ENCRYPTION MARKET DRIVERS
6.2 SOLUTIONS
6.2.1 NEED FOR PLAYERS TO SECURE SENSITIVE DATA AND PRESENCE OF EMINENT EMAIL ENCRYPTION SOLUTION VENDORS TO DRIVE MARKET
6.3 SERVICES
6.3.1 RISING ADOPTION OF EMAIL ENCRYPTION PLATFORMS PROPELS DEMAND
6.3.2 PROFESSIONAL SERVICES
6.3.2.1 Growing emphasis on expertise-driven implementation and regulatory compliance to drive market
6.3.2.2 Support & maintenance
6.3.2.2.1 Continuous and secure functioning of email encryption solutions - key drivers
6.3.2.3 Training & education
6.3.2.3.1 Critical to ensuring adoption and secure usage among end-users and IT staff
6.3.2.4 Consulting
6.3.2.4.1 Strategic guidance to help organizations navigate complex compliance mandates
6.3.3 MANAGED SERVICES
6.3.3.1 Need for round-the-clock protection and swift incident response to prove lucrative for market growth
7 EMAIL ENCRYPTION MARKET, BY TYPE
7.1 INTRODUCTION
7.1.1 TYPE: EMAIL ENCRYPTION MARKET DRIVERS
7.2 END-TO-END ENCRYPTION
7.2.1 UNPARALLELED PRIVACY AND SECURITY BENEFITS MAKE IT A PREFERRED CHOICE
7.3 EMAIL GATEWAY ENCRYPTION
7.3.1 IMPLEMENTATION VIA SECURE EMAIL GATEWAYS - CORNERSTONE OF ENTERPRISE EMAIL SECURITY
7.4 MESSAGE ENCRYPTION
7.4.1 ADDRESSES DATA CONFIDENTIALITY, INTEGRITY, AND COMPLIANCE IN USER-CENTRIC MANNER