Messaging Security Market by Solution (Content Filtering, Email Encryption, Data Loss Prevention, Antispam and Antimalware), Service, Mode of Communication (Email Messaging, Instant Messaging), Deployment Mode, Vertical, and Region - Global Forecast to 2022
[141 Pages Report] The messaging security market extrapolated to grow from $2.36 Billion in 2016 to reach $5.50 Billion by 2022 at a Compound Annual Growth Rate (CAGR) of 15.8%. The base year for the study is 2016 and the forecast period is considered to be 2017 to 2022.
The objective of the study is to define, describe, and forecast the market on the basis of solutions, services, mode of communication, deployment modes, verticals, and regions. It also analyzes recent developments, such as partnerships, strategic alliances, mergers and acquisitions, business expansions, new product developments, and research and development in the global messaging security industry.
The research methodology used to estimate and forecast the messaging security market begins with the collection and analysis of data on key vendor revenues through secondary sources such as company website, press releases, annual reports, TechTarget reports, Cloud Security Alliance reports, SC magazine, and SANS Institute studies. The vendor offerings have also been taken into consideration to determine the market segmentation. The bottom-up procedure was employed to arrive at the total market size of the global market from the revenue of the key players. After arriving at the overall market size, the total market was split into several segments and subsegments, which were then verified through primary research by conducting extensive interviews with key people, such as Chief Executive Officers (CEOs), Vice Presidents (VPs), directors, and executives. The data triangulation and market breakdown procedures were employed to complete the overall market engineering process and to arrive at the exact statistics for all the segments and subsegments. The breakdown of profiles of the primary is depicted in the below figure:
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The messaging security market comprises key vendors, such as McAfee LLC (US), Cisco Systems, Inc. (US), Trend Micro Incorporated (Japan), Symantec Corporation (US), Proofpoint Inc. (US), Forcepoint (US), Microsoft Corporation (US), Sophos Ltd. (UK), Barracuda Networks Inc. (US), F-Secure Corporation (Finland), Trustwave Holdings, Inc. (US), Mimecast Limited (UK), Check Point Software Technologies Ltd. (Israel), Adaptive Mobile Security Limited (Ireland), GWAVA, Inc. (Canada), GreatHorn, Inc. (US), E-lock (US), Retarus Group (Germany), Clearswift Group (UK), Google Inc. (US), Total Defense Inc. (US), Fortinet, Inc. (US), Panda Security, S.L. (Spain), and SonicWall Inc. (US). These vendors sell messaging security solutions to end-users to cater to their unique business requirements and security needs. These Messaging Security Solutions Vendors are rated and listed by us on the basis of product quality, reliability, and their business strategy. Please visit 360Quadrants to see the vendor listing of Messaging Security Solutions.
Key Target Audience for Messaging Security Market
- Messaging Platform Providers
- Government Agencies
- Communication Service Provider (CSP)
- System Integrator
- Digital Service Provider
- Email Platform Providers
- Instant Messaging Vendors
- Cloud Service Providers
- Security Solution providers
Study answers several questions for the stakeholders, primarily which market segments to focus in the next 25 years for prioritizing the efforts and investments.
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- Company Analysis Dashboard for high growth potential opportunities
- Research Analyst Access for customization & queries
- Competitor Analysis with Interactive dashboard
- Latest News, Updates & Trend analysis
The research report segments the messaging security market into the following submarkets:
By Component:
- Solution
- Content Filtering
- Web Filtering
- Email Encryption
- Data Loss Prevention
- Information Protection and Control
- Anti-spam/Anti-malware
- Service
- Professional services
- Managed services
Messaging Security Market By Mode of Communication:
- Instant Messaging
By Deployment Mode:
- On-premises
- Cloud
Messaging Security Market By Vertical:
- Banking, Financial Services, and Insurance (BFSI)
- Government
- Healthcare and Lifesciences
- Media and Entertainment
- Retail and eCommerce
- Manufacturing and Automotive
- Education
- Others (Utilities and Logistics, and Telecom and IT)
Messaging Security Market By Region:
- North America
- Europe
- Asia Pacific (APAC)
- Middle East and Africa (MEA)
- Latin America
Available Customizations
With the given market data, MarketsandMarkets offers customizations as per the companys specific needs. The following customization options are available for the messaging security market report:
Product Analysis
- Product matrix which gives a detailed comparison of product portfolio of each company
Geographic Analysis
- Further breakdown of the North America market
- Further breakdown of the Europe market
- Further breakdown of the APAC market
- Further breakdown of the MEA market
- Further breakdown of the Latin America market
Company Information
- Detailed analysis and profiling of additional market players
The messaging security market size to grow from USD 2.64 Billion in 2017 to USD 5.50 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 15.8%. The constant pressure of managing sensitive data of consumers while transmission, along with the need to manage stringent compliances, has led enterprises of all sizes to adopt messaging security solutions for critical information protection. Moreover, cloud-based deployment is gaining high traction in the market, as it requires less capital investment, helps decrease the operational and maintenance costs, and reduces the managements efforts. Cloud messaging security solutions are available according to customers demand, wherein a customer can start or stop any service, at will. Messaging security solution helps organizations protect their communications and comply with stringent regulatory compliance.
Messaging security solution can be used for email and instant messaging modes of communication. The email mode of communication is expected to dominate the messaging security market and contribute the largest market share during the forecast period. It is expected to play a key role in changing the market landscape and grow at the highest rate during the forecast period, as the global organizations are heavily using email services which needed to be secured from advanced security threats.
Cloud deployment is the fastest-growing deployment mode in the messaging security market, as it benefits organizations with increased scalability, speed, 24/7 services, and enhanced management capabilities. Small and Medium-sized Enterprises (SMEs), in particular, have opted for cloud deployment, as it can help them to avoid costs pertaining to hardware, software, storage, and technical staff.
North America is expected to have the largest market size in 2017. Increasing penetration of the Internet and growing attacks over enterprise communications have led to the growing messaging security needs. Furthermore, rapid economic growth in the developing APAC countries, along with improving regulatory reforms and economic stability is driving the growth of the messaging security market in this region. In Latin America, SMEs as well as enterprises belonging to a range of verticals, such as Banking, Financial Services, and Insurance (BFSI), government, and healthcare and life sciences, which are expected to increase investments in messaging security solutions.
High cost for advanced messaging security solutions is becoming an important restraint for the growth of the market. The Research and Development (R&D) expenses to develop cutting-edge messaging security solutions are very high, which lead to high pricing of the security solutions. As the frequency of security breaches has increased over the past 5 years, organizations have increased their IT security investments to protect against advanced messaging threats. However, for many enterprises, including SMEs, these investment costs are a matter of concern. Furthermore, for strong and advanced security, the cost of innovation is still high, and many organizations view budgetary constraints as a barrier to growth in the messaging security market. This is one of the factors which is restraining the growth of the market.
The rising demand for security solutions from instant messaging providers is expected to provide a great opportunity to the messaging security solution vendors to grow in the future. There are several established players in messaging security market, such as McAfee LLC (US), Cisco Systems, Inc. (US), Trend Micro Incorporated (Japan), Symantec Corporation (US), Proofpoint, Inc. (US), Forcepoint (US), Microsoft Corporation (US), Sophos Ltd. (UK), Barracuda Networks Inc. (US), F-Secure Corporation (Finland), Trustwave Holdings, Inc. (US), Mimecast Limited (UK), Check Point Software Technologies Ltd. (Israel), Adaptive Mobile Security Limited (Ireland), GWAVA, Inc. (Canada), GreatHorn, Inc. (US), E-lock (US), Retarus Group (Germany), Clearswift Group (UK), Google Inc. (US), Total Defense Inc. (US), Fortinet, Inc. (US), Panda Security, S.L. (Spain), and SonicWall Inc. (US).
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Table of Contents
1 Introduction (Page No. - 14)
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.4 Years Considered for the Study
1.5 Currency
1.6 Stakeholders
2 Research Methodology (Page No. - 18)
2.1 Research Data
2.2 Research Data
2.2.1 Secondary Data
2.2.2 Primary Data
2.2.2.1 Breakdown of Primaries
2.2.2.2 Key Industry Insights
2.3 Messaging security Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Microquadrant Methodology
2.4.1 Vendor Inclusion Criteria
2.5 Research Assumptions and Limitations
2.5.1 Limitations
3 Executive Summary (Page No. - 24)
4 Premium Insights (Page No. - 28)
4.1 Attractive Market Opportunities in the Market
4.2 Market By Region, 20172022
4.3 Market By Vertical, 20172022
4.4 Life Cycle Analysis, By Region, 20172022
5 Messaging Security Market Overview and Industry Trends (Page No. - 31)
5.1 Market Dynamics
5.1.1 Drivers
5.1.1.1 Need to Protect the Confidential Information From Messaging Malware Threats
5.1.1.2 Emergence of Regulatory Compliances
5.1.1.3 Increasing Popularity of Cloud-Based and Virtual Appliance-Based Solutions
5.1.2 Restraints
5.1.2.1 High Cost for Advanced Messaging Security Solutions
5.1.2.2 Rising Severity of New and Advanced Security Threats
5.1.3 Opportunities
5.1.3.1 Rising Demand for Security Solutions From Instant Messaging Providers
5.1.4 Challenges
5.1.4.1 Increasing Complexity of Network Infrastructure
5.2 Regulatory Implications
5.2.1 Payment Card Industry Data Security Standard (PCIDSS)
5.2.2 Health Insurance Portability and Accountability Act (HIPAA)
5.2.3 Gramm-Leach-Bliley Act (GLB Act)
5.2.4 Sarbanes-Oxley Act (SOX)
5.2.5 The International Organization for Standardization (ISO) Standard 27001
5.2.6 The European Union (EU) General Data Protection Regulation (GDPR)
6 Messaging Security Market Analysis, By Component (Page No. - 37)
6.1 Introduction
6.2 Solutions
6.3 Services
7 Messaging Security Market Analysis, By Solution (Page No. - 41)
7.1 Introduction
7.2 Content Filtering
7.3 Web Filtering
7.4 Email Encryption
7.5 Data Loss Prevention
7.6 Information Protection and Control
7.7 Antispam and Antimalware
8 Messaging Security Market Analysis, By Service (Page No. - 47)
8.1 Introduction
8.2 Professional Services
8.3 Managed Services
9 Messaging Security Market Analysis, By Mode of Communication (Page No. - 51)
9.1 Introduction
9.2 Email Messaging
9.3 Instant Messaging
10 Messaging Security Market Analysis, By Deployment Mode (Page No. - 55)
10.1 Introduction
10.2 Cloud
10.3 On-Premises
11 Messaging Security Market Analysis, By Vertical (Page No. - 59)
11.1 Introduction
11.2 Banking, Financial Services, and Insurance
11.3 Government
11.4 Healthcare and Life Sciences
11.5 Media and Entertainment
11.6 Retail and Ecommerce
11.7 Manufacturing
11.8 Education
11.9 Others
12 Geographic Analysis (Page No. - 68)
12.1 Introduction
12.2 North America
12.3 Europe
12.4 Asia Pacific
12.5 Middle East and Africa
12.6 Latin America
13 Competitive Landscape (Page No. - 88)
13.1 Microquadrant Overview
13.1.1 Visionary Leaders
13.1.2 Innovators
13.1.3 Dynamic Differentiators
13.1.4 Emerging Companies
13.2 Competitive Benchmarking
13.2.1 Strength of Product Portfolio Adopted By Major Players in the Market
13.2.2 Business Strategy Excellence Adopted By Major Players in the Market
14 Company Profiles (Page No. - 92)
(Business Overview, Strength of Product Portfolio, Business Strategy Excellence, Recent Developments)*
14.1 Mcafee, LLC
14.2 Cisco Systems, Inc.
14.3 Trend Micro Incorporated
14.4 Symantec Corporation
14.5 Proofpoint, Inc.
14.6 Forcepoint
14.7 Microsoft Corporation
14.8 Sophos Ltd.
14.9 Barracuda Networks, Inc.
14.10 F-Secure Corporation
14.11 Trustwave Holdings, Inc.
14.12 Mimecast Limited
14.13 Key Innovators
*Details on Business Overview, Strength of Product Portfolio, Business Strategy Excellence, Recent Developments Might Not Be Captured in Case of Unlisted Companies.
15 Appendix (Page No. - 134)
15.1 Discussion Guide
15.2 Knowledge Store: Marketsandmarkets Subscription Portal
15.3 Introducing RT: Real-Time Market Intelligence
15.4 Available Customization
15.5 Related Reports
15.6 Author Details
List of Tables (68 Tables)
Table 1 United States Dollar Exchange Rate, 20142016
Table 2 Evaluation Criteria
Table 3 Messaging Security Market Size and Growth, 20152022 (USD Billion, Y-O-Y %)
Table 4 Messaging Security Industry Size, By Component, 20152022 (USD Million)
Table 5 Solutions: Market Size, By Region, 20152022 (USD Million)
Table 6 Services: Market Size, By Region, 20172022 (USD Million)
Table 7 Market Size, By Solution, 20172022 (USD Million)
Table 8 Content Filtering: Market Size, By Region, 20172022 (USD Million)
Table 9 Web Filtering: Market Size, By Region, 20172022 (USD Million)
Table 10 Email Encryption: Messaging Security Market Size, By Region, 20172022 (USD Million)
Table 11 Data Loss Prevention: Market Size, By Region, 20172022 (USD Million)
Table 12 Information Protection and Control: Market Size, By Region, 20172022 (USD Million)
Table 13 Antispam and Antimalware: Market Size, By Region, 20172022 (USD Million)
Table 14 Messaging Security Market Size, By Service, 20172022 (USD Million)
Table 15 Professional Services: Market Size, By Region, 20172022 (USD Million)
Table 16 Managed Services: Market Size, By Region, 20172022 (USD Million)
Table 17 Market Size, By Mode of Communication, 20172022 (USD Million)
Table 18 Email Messaging: Market Size, By Region, 20172022 (USD Million)
Table 19 Instant Messaging: Market Size, By Region, 20172022 (USD Million)
Table 20 Messaging Security Market Size, By Deployment Mode, 20172022 (USD Million)
Table 21 Cloud: Market Size, By Region, 20172022 (USD Million)
Table 22 On-Premises: Market Size, By Region, 20172022 (USD Million)
Table 23 Messaging Security Market Size, By Vertical, 20172022 (USD Million)
Table 24 Banking, Financial Services, and Insurance: Market Size, By Region, 20172022 (USD Million)
Table 25 Government: Market Size, By Region, 20172022 (USD Million)
Table 26 Healthcare and Life Sciences: Market Size, By Region, 20172022 (USD Million)
Table 27 Media and Entertainment: Market Size, By Region, 20172022 (USD Million)
Table 28 Retail and Ecommerce: Market Size, By Region, 20172022 (USD Million)
Table 29 Manufacturing: Market Size, By Region, 20172022 (USD Million)
Table 30 Education: Market Size, By Region, 20172022 (USD Million)
Table 31 Others: Messaging Security Market Size, By Region, 20172022 (USD Million)
Table 32 Market Size, By Region, 20152022 (USD Million)
Table 33 North America: Market Size, By Country, 20152022 (USD Million)
Table 34 North America: Market Size, By Component, 20152022 (USD Million)
Table 35 North America: Market Size, By Solution, 20152022 (USD Million)
Table 36 North America: Market Size, By Service, 20152022 (USD Million)
Table 37 North America: Market Size, By Mode of Communication, 20152022 (USD Million)
Table 38 North America: Market Size, By Deployment Mode, 20152022 (USD Million)
Table 39 North America: Market Size, By Vertical, 20152022 (USD Million)
Table 40 Europe: Market Size, By Country, 20152022 (USD Million)
Table 41 Europe: Market Size, By Component, 20152022 (USD Million)
Table 42 Europe: Market Size, By Solution, 20152022 (USD Million)
Table 43 Europe: Market Size, By Service, 20152022 (USD Million)
Table 44 Europe: Market Size, By Mode of Communication, 20152022 (USD Million)
Table 45 Europe: Market Size, By Deployment Mode, 20152022 (USD Million)
Table 46 Europe: Market Size, By Vertical, 20152022 (USD Million)
Table 47 Asia Pacific: Messaging Security Market Size, By Country, 20152022 (USD Million)
Table 48 Asia Pacific: Market Size, By Component, 20152022 (USD Million)
Table 49 Asia Pacific: Market Size, By Solution, 20152022 (USD Million)
Table 50 Asia Pacific: Market Size, By Service, 20152022 (USD Million)
Table 51 Asia Pacific: Market Size, By Mode of Communication, 20152022 (USD Million)
Table 52 Asia Pacific: Market Size, By Deployment Mode, 20152022 (USD Million)
Table 53 Asia Pacific: Market Size, By Vertical, 20152022 (USD Million)
Table 54 Middle East and Africa: Messaging Security Market Size, By Province, 20152022 (USD Million)
Table 55 Middle East and Africa: Market Size, By Component, 20152022 (USD Million)
Table 56 Middle East and Africa: Market Size, By Solution, 20152022 (USD Million)
Table 57 Middle East and Africa: Market Size, By Service, 20152022 (USD Million)
Table 58 Middle East and Africa: Market Size, By Mode of Communication, 20152022 (USD Million)
Table 59 Middle East and Africa: Market Size, By Deployment Mode, 20152022 (USD Million)
Table 60 Middle East and Africa: Market Size, By Vertical, 20152022 (USD Million)
Table 61 Latin America: Messaging Security Market Size, By Country, 20152022 (USD Million)
Table 62 Latin America: Market Size, By Component, 20152022 (USD Million)
Table 63 Latin America: Market Size, By Solution, 20152022 (USD Million)
Table 64 Latin America: Market Size, By Service, 20152022 (USD Million)
Table 65 Latin America: Market Size, By Mode of Communication, 20152022 (USD Million)
Table 66 Latin America: Market Size, By Deployment Mode, 20152022 (USD Million)
Table 67 Latin America: Market Size, By Vertical, 20152022 (USD Million)
Table 68 Market Ranking for the Messaging Security Industry
List of Figures (36 Figures)
Figure 1 Global Messaging Security Market Segmentation
Figure 2 Regional Scope
Figure 3 Messaging Security Market: Research Design
Figure 4 Breakdown of Primary Interviews: By Company, Designation, and Region
Figure 5 Data Triangulation
Figure 6 Market Size Estimation Methodology: Bottom-Up Approach
Figure 7 Messaging Security Market Size Estimation Methodology: Top-Down Approach
Figure 8 Email Encryption Segment is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 9 Services Segment is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 10 Email Messaging Segment is Expected to Grow at the Higher CAGR During the Forecast Period
Figure 11 North America is Estimated to Hold the Largest Market Share in 2017
Figure 12 Rise in Malware Threats for Organizations Messaging Platforms Spurring the Growth of Messaging Security Solutions
Figure 13 Asia Pacific is Expected to Witness the Highest Growth Rate During the Forecast Period
Figure 14 Banking, Financial Services, and Insurance Vertical is Expected to Have the Highest Growth Rate in the Market During the Forecast Period
Figure 15 Regional Life Cycle: Asia Pacific is Expected to Exhibit the Highest Growth Potential During the Forecast Period
Figure 16 Market Investment Scenario: Asia Pacific is Expected to Rise as the Best Opportunity Market for Investment in the Next 5 Years
Figure 17 Messaging Security Market: Drivers, Restraints, Opportunities, and Challenges
Figure 18 Services Segment is Expected to Grow at A Higher CAGR During the Forecast Period
Figure 19 Email Encryption Segment is Expected to Have the Highest CAGR During the Forecast Period
Figure 20 Professional Services Segment is Expected to Grow at A Higher CAGR During the Forecast Period
Figure 21 Email Messaging Segment is Expected to Grow at A Higher CAGR During the Forecast Period
Figure 22 Cloud Segment is Expected to Exhibit A Higher CAGR During the Forecast Period
Figure 23 Banking, Financial Services, and Insurance Vertical is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 24 Asia Pacific is Expected to Witness the Highest Growth Rate in the global Market
Figure 25 North America: Market Snapshot
Figure 26 Asia Pacific: Snapshot
Figure 27 Messaging Security Market (Global), Competitive Leadership Mapping, 2017
Figure 28 Cisco Systems, Inc.: Company Snapshot
Figure 29 Trend Micro Incorporated: Company Snapshot
Figure 30 Symantec Corporation: Company Snapshot
Figure 31 Proofpoint, Inc.: Company Snapshot
Figure 32 Microsoft Corporation: Company Snapshot
Figure 33 Sophos Ltd.: Company Snapshot
Figure 34 Barracuda Networks, Inc.: Company Snapshot
Figure 35 F-Secure Corporation
Figure 36 Mimecast Limited: Company Snapshot
Growth opportunities and latent adjacency in Messaging Security Market