Increasing Email Attacks- Driving the European Email Encryption Market

Published: Sep 2021

The European email encryption market is projected to grow at a CAGR of around 19% during the forecast period. The market growth is attributed to the increasing email attacks in the region which demands more secure communication solutions such as email encryption tools.

Browse the full report description Europe Email Encryption Market Size, Share & Trends Analysis Report by Deployment Type (On-Premise and Cloud-Based) By End-User (BFSI, Healthcare, Government & Defense, IT & Telecom, and Others), Forecast, 2020-2027 at https://www.omrglobal.com/industry-reports/europe-email-encryption-market

In June 2020, more than 100 executives at a multinational company that is part of a German task force for creating COVID-19 protective gear, were targeted in a phishing attack. The company left unnamed, is part of a task force created by the German government to procure personal protective equipment (PPE) for healthcare workers. 

The task force consists of nine companies, including car manufacturer Volkswagen, pharmaceutical company Bayer, airline Lufthansa, chemical firm BASF and shipping company DHL. Though it is unclear how many of the phishing attacks were successful. Such attacks on organizations create demand for secure communication solutions and hence drive the European email encryption market.

Market Coverage

  • Market number available for – 2019-2027
  • Base year- 2019
  • Forecast period- 2020-2027
  • Segment Covered

o By Deployment Type

o By End-User 

  • Competitive Landscape: Micro Focus International PLC, Sophos Ltd., Mimecast Services Ltd., Egress Software Technologies Ltd., and Clearswift Ltd.

Key questions addressed by the report

  • What is the market growth rate?
  • Which segment and region dominate the market in the base year?
  • Which segment and region will project the fastest growth in the market?
  • How has COVID-19 impacted the market?

o Deviation from the pre-COVID-19 forecast

o Most affected region and segment

  • Who is the leader in the market?
  • How players are addressing challenges to sustain growth?
  • Where is the investment opportunity?

European Email Encryption Market – Segmentation

By Deployment

  • On-Premise
  • Cloud-Based

By End-Users

  • BFSI
  • Healthcare
  • Government & Defense
  • IT & Telcom
  • Others

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