Email Encryption Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Report Covers Global Email Encryption Market Size & Share and it is Segmented by Component Type (Solutions, Services), Deployment Type (On-Premise, Cloud), Enterprise Size (Small and Medium Enterprises, Large Enterprises), End-use Industry (IT & Telecommunication, BFSI, Government & Defense, Healthcare, Retail, Energy & Power), and Geography.

Email Encryption Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Email Encryption Market Size

email encryption market size
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
CAGR 15.20 %
Fastest Growing Market Asia Pacific
Largest Market North America
Market Concentration Medium

Major Players

email encryption market growth

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Email Encryption Market with other markets in Technology, Media and Telecom Industry

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Email Encryption Market Analysis

The Email Encryption Market is expected to register a CAGR of 15.2% during the forecast period.

  • According to Right Inbox, there were more than 3 billion email users worldwide in 2019, and that number is expected to reach 4.3 billion by 2022. Users sent an estimated more than 280 billion personal and professional emails per day in 2018. Thus, because of its widespread use, email remains a massive cybersecurity threat, with an estimated 92% of malware being delivered by email, and 56% of IT experts pointing to phishing as the top security threat.
  • Among all the organizations that encountered an email-based impersonation attack in 2018, 73% experienced a direct loss (data, financial, or loss of customers). Among these events, 39% cited data, 29% financial, and 28% noted lost customers. Moreover, 38% of those who suffered losses because of email-based impersonation attacks noted data loss as the thing that severely impacted their organization.
  • Additionally, most cyberattacks begin with a simple email. More than 90% of successful hacks and data breaches stem from phishing, emails crafted to lure their recipients into clicking a link, opening a document, or forward information, reported the Herjavec Group, a cybersecurity product, and services provider.
  • According to Proofpoint's 'Cost of Insider Threats 2020 Global Report,' the larger the organization, the more insider threat incidents. Large enterprises with a headcount of more than 75,000 spent an average of USD 17.92 million over the past year. The smaller enterprises with a headcount below 500 spent an average of USD 7.68 million.
  • Moreover, according to Cisco Systems, 70% of public and private companies will be using cloud email services by 2021. This access to email from anywhere and on any device states that it is essential that organizations protect themselves from increasingly prevalent threats.
  • At the time of the COVID-19 pandemic, remote working conditions brought new security risks and productivity challenges. Cybercriminals are taking advantage of distracted employee email behavior and web browsing behavior. Remote employees are receiving an increasing volume of COVID-19-themed emails that impersonate organizations like the World Health Organization (WHO) and the Centers for Disease Control and Prevention (CDC).
  • Major technology providers are taking initiatives to protect users from COVID-19 related online scams. For instance, in April 2020, Google had launched a new website focused on COVID-19 associated online security risks. Also, Google's new generation of document malware scanners relies on deep learning technologies to improve its detection capabilities across over 300 billion attachments. They scan for malware every week. These capabilities helped Google to maintain a near to 63% detection of the malicious threats blocked by Gmail.

Email Encryption Industry Overview

The email encryption market is moderately competitive and consists of a significant number of global and regional players. These players account for a substantial share in the market and focusing on expanding their client base across the globe. These vendors are also focusing on the research and development investment to introduce new solutions, strategic partnerships, and other organic & inorganic growth strategies to earn a competitive edge throughout the forecast period.

  • In February 2020, Proofpoint announced a set of integrated, end-to-end solutions that address email account compromise (EAC) and business email compromise (BEC) attacks. The newly developed solution has combined the company's secure email gateway, threat response, security awareness training, advanced threat protection, email authentication, and cloud account protection.
  • In March 2020, Fintechs, Beyond Encryption, and Origo developed the full version of their Unipass Mailock encrypted email service free to all the users of Origo Unipass for two months to help protect the communications and data security of businesses and their clients.

Email Encryption Market Leaders

  1. Micro Focus International plc

  2. Cisco Systems, Inc.

  3. Proofpoint Inc.

  4. Sophos Ltd.

  5. Trend Micro Incorporated

  6. *Disclaimer: Major Players sorted in no particular order
 Broadcom Inc., Micro Focus International plc, Cisco Systems, Inc.,  Sophos Ltd.,  Trend Micro Incorporated,  Virtru Corporation, CipherMail B.V., Proton Technologies AG,  Proofpoint Inc., BAE Systems plc
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Email Encryption Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET INSIGHTS

  • 4.1 Market Overview
  • 4.2 Industry Attractiveness - Porter's Five Forces Analysis
    • 4.2.1 Threat of New Entrants
    • 4.2.2 Bargaining Power of Buyers/Consumers
    • 4.2.3 Bargaining Power of Suppliers
    • 4.2.4 Threat of Substitute Products
    • 4.2.5 Intensity of Competitive Rivalry

5. MARKET DYNAMICS

  • 5.1 Market Drivers
    • 5.1.1 Rising Instances of Enterprise Email Threats
  • 5.2 Market Challenges
    • 5.2.1 Inefficient Usage of Encryption Keys

6. IMPACT OF COVID-19 ON THE EMAIL ENCRYPTION MARKET

7. MARKET SEGMENTATION

  • 7.1 By Component Type
    • 7.1.1 Solutions
    • 7.1.2 Services
  • 7.2 By Deployment
    • 7.2.1 On-Premise
    • 7.2.2 Cloud
  • 7.3 By Enterprise Size
    • 7.3.1 Small & Medium Enterprises
    • 7.3.2 Large Enterprises
  • 7.4 By End-user Verticals
    • 7.4.1 IT & Telecommunication
    • 7.4.2 BFSI
    • 7.4.3 Government & Defense
    • 7.4.4 Healthcare
    • 7.4.5 Retail
    • 7.4.6 Other End-use Verticals (Energy and Power, Travel & Tourism, Educational Institutions)
  • 7.5 Geography
    • 7.5.1 North America
    • 7.5.2 Europe
    • 7.5.3 Asia Pacific
    • 7.5.4 Latin America
    • 7.5.5 Middle East and Africa

8. COMPETITIVE INTELLIGENCE

  • 8.1 Company Profiles*
    • 8.1.1 Broadcom Inc.
    • 8.1.2 Micro Focus International plc
    • 8.1.3 Cisco Systems, Inc.
    • 8.1.4 Sophos Ltd.
    • 8.1.5 Trend Micro Incorporated
    • 8.1.6 Virtru Corporation
    • 8.1.7 CipherMail B.V.
    • 8.1.8 Proton Technologies AG
    • 8.1.9 Proofpoint Inc.
    • 8.1.10 BAE Systems plc

9. INVESTMENT ANALYSIS

10. FUTURE OF THE MARKET

**Subject to Availability
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Email Encryption Industry Segmentation

Email encryption helps to protect sensitive information such as passwords, login credentials, social security numbers, and bank account numbers, which are vulnerable when sent via email. The market scope of email encryption tracks down the adoption of different encryption solutions and services used by several end-use industries such as IT & telecommunication, BFSI, government & defense, healthcare, retail, energy & power, etc. The study also focuses on the impact of COVID-19 on the market landscape. In the report scope, the existing technology vendor landscape also covered, which consists of major players operating in the market.

By Component Type Solutions
Services
By Deployment On-Premise
Cloud
By Enterprise Size Small & Medium Enterprises
Large Enterprises
By End-user Verticals IT & Telecommunication
BFSI
Government & Defense
Healthcare
Retail
Other End-use Verticals (Energy and Power, Travel & Tourism, Educational Institutions)
Geography North America
Europe
Asia Pacific
Latin America
Middle East and Africa
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Email Encryption Market Research FAQs

What is the current Email Encryption Market size?

The Email Encryption Market is projected to register a CAGR of 15.2% during the forecast period (2025-2030)

Who are the key players in Email Encryption Market?

Micro Focus International plc, Cisco Systems, Inc., Proofpoint Inc., Sophos Ltd. and Trend Micro Incorporated are the major companies operating in the Email Encryption Market.

Which is the fastest growing region in Email Encryption Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Email Encryption Market?

In 2025, the North America accounts for the largest market share in Email Encryption Market.

What years does this Email Encryption Market cover?

The report covers the Email Encryption Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Email Encryption Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Email Encryption Industry Report

Statistics for the 2025 Email Encryption market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Email Encryption analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.