Blockchain Press Releases
Email Encryption Software Market to Reach $55.4 Billion, by 2032 at 24.7% CAGR: Allied Market Research
The global email encryption software market is attributed to growth factors such as growing demand for effective communication mediums, an increase in demand for mobile encryption solutions, and stringent data protection regulations and policies by government authorities
PORTLAND, Ore., Aug. 3, 2023 /PRNewswire/ — Allied Market Research published a report titled, “Email Encryption Software Market by Component (Solution and Service), Deployment Mode (On-Premise and Cloud), Organization Size (Large Enterprises and Small and Medium-Sized Enterprises), and Industry Vertical (BFSI, IT and Telecom, Retail and E-commerce, Healthcare, Manufacturing, Government, Energy & Utilities, and Others): Global Opportunity Analysis and Industry Forecast, 2022-2032.” According to the report, the email encryption software industry generated $6.3 billion in 2022 and is anticipated to generate $55.4 billion by 2032, witnessing a CAGR of 24.7% from 2023 to 2032.
Prime Determinants of Growth:
The global email encryption software market is attributed to growth factors such as growing demand for effective communication mediums, an increase in demand for mobile encryption solutions, and stringent data protection regulations and policies by government authorities. However, the high cost of data security solutions and a lack of knowledge and education about data security are the major factors that impede the growth of the global market. Furthermore, a surge in technological advancements in encryption algorithms and an increase in the adoption of cloud-based data security solutions are anticipated to provide lucrative growth opportunities for the global email encryption software market in the upcoming years.
Download Sample Report: https://www.alliedmarketresearch.com/request-sample/132972
Report Coverage & Details:
|
Report Coverage |
Details |
|
Forecast Period |
2023–2032 |
|
Base Year |
2022 |
|
Market Size in 2022 |
$6.3 Billion |
|
Market Size in 2032 |
$55.4 Billion |
|
CAGR |
24.7 % |
|
No. of Pages in Report |
285 |
|
Segments Covered |
Component, Deployment Mode, Organization Size, Industry Vertical and Region. |
|
Drivers |
Growing demand for effective communication mediums.
Increase in demand for mobile encryption solutions.
Stringent data protection regulations and policies by government authorities |
|
Restraints |
High cost of data security solutions.
Lack of knowledge and education about data security. |
|
Opportunities |
The surge in technological advancements in encryption algorithms.
Increase in adoption of cloud-based data security solutions. |
COVID-19 Scenario:
- The COVID-19 pandemic had a significant impact on the email encryption software industry. While some sectors experienced challenges, others witnessed opportunities for growth and innovation.
- Moreover, the pandemic compelled businesses globally to implement remote work policies and thoroughly rely on digital communication strategies. With the rise in remote work, the volume of confidential data being transmitted by email has increased, which leads to a surge in demand for email encryption software to ensure the security and privacy of remote communications. These factors have fueled the growth of email encryption software solutions across industries.
Buy this Complete Report (285 Pages PDF with Insights, Charts, Tables, and Figures) at:
https://www.alliedmarketresearch.com/email-encryption-software-market/purchase-options
The solution segment to maintain its leadership status throughout the forecast period
Based on component, the solution segment held the highest market share in 2022, accounting for more than two-thirds of the global email encryption software market revenue, and is estimated to maintain its leadership status throughout the forecast period. The demand for robust encryption capabilities, ease of use, compatibility with different email platforms, and integration with existing email infrastructure. However, the service segment is projected to manifest the highest CAGR of 29.0% from 2023 to 2032, due to increase in adoption of managed encryption services in several organizations to provides convenience, expertise, and all-time support, allowing organizations to focus on their core business function.
The on-premise segment to maintain its lead position during the forecast period
Based on deployment mode, the on-premise segment accounted for the largest share in 2022, contributing to more than three-fifths of the global email encryption software market revenue, and is expected to maintain its lead position during the forecast period. Many organizations prefer on-premise solutions due to various factors, including data control, customization options, and security concerns. However, the cloud segment is expected to portray the fastest CAGR of 27.0% from 2023 to 2032. Cloud-based solutions offer cost-effectiveness and scalability, which are expected to provide lucrative growth opportunities for the market during the forecast period.
The large enterprises segment to rule the roost by 2032
Based on organization size, the large enterprises segment held the highest market share in 2022, accounting for nearly two-thirds of the global email encryption software market revenue, and is projected to rule the roost by 2032. Large enterprises deal with a vast amount of sensitive data on a daily basis, including customer information, financial records, and intellectual property. However, the small and medium-sized enterprises segment would portray the fastest CAGR of 28.3% from 2023 to 2032. The growth in penetration of email encryption solutions in small and medium-sized organizations is expected to provide lucrative opportunities for the market.
The healthcare segment to maintain its leadership status throughout the forecast period
Based on industry vertical, the BFSI segment held the highest market share in 2022, accounting for nearly one-fourth of the global email encryption software market revenue. Email communication often includes financial statements, loan details, investment advice, and other critical financial data. It ensures that this sensitive information remains protected from cyber threats. On the other hand, the healthcare segment is estimated to maintain its leadership status throughout the forecast period. The same segment would also exhibit the fastest CAGR of 34.9% from 2023 to 2032. The increase in demand for effective email encryption software to protect patient privacy is further expected to propel global market growth.
Asia-Pacific region to maintain its dominance by 2032
Based on region, the North America region held the highest market share in 2022, contributing to nearly two-fifths of the global email encryption software market revenue. This region has a strong foothold in numerous large enterprises, government agencies, and organizations with a huge focus on data protection and compliance, which is further anticipated to propel the growth of the market in this region. However, the Asia-Pacific region is expected to maintain its dominance by 2032. The same region is also expected to witness the fastest CAGR of 27.8% from 2023 to 2032. The region is experiencing a rapid digital transformation across various industries, including healthcare, finance, government, and telecommunications, which is expected to provide lucrative growth opportunities for the market in this region.
Enquiry Before Buying: https://www.alliedmarketresearch.com/purchase-enquiry/132972
Leading Market Players:
- Proofpoint Inc.
- BAE Systems
- CipherMail B.V.
- Cisco Systems, Inc.
- Hewlett Packard Enterprise (HPE)
- Micro Focus International plc
- Proton Technologies AG
- Sophos Ltd.
- Virtru
- Trend Micro Incorporated
The report provides a detailed analysis of these key players in the global email encryption software market. These players have adopted different strategies, such as new product launches, collaborations, expansion, joint ventures, agreements, and others, to increase their market share and maintain dominant positions in different countries. The report is valuable in highlighting business performance, operating segments, product portfolios, and strategic moves of market players to showcase the competitive scenario.
Trending Reports in ICT & Media Industry:
FAST (Free Ad-Supported TV) Channels Market Expected to Reach $28 Billion by 2032
Virtual Customer Premises Equipment Market Expected to Reach $92.9 Billion by 2032
Email Encryption Software Market Expected to Reach $55.4 Billion by 2032
5G NTN Market Expected to Reach $93.6 Billion by 2032
Email Marketing Software Market Expected to Reach $3.3 Billion by 2031
AVENUE- A Subscription-Based Library (Premium on-demand, subscription-based pricing model):
AMR introduces its online premium subscription-based library Avenue, designed specifically to offer cost-effective, one-stop solution for enterprises, investors, and universities. With Avenue, subscribers can avail an entire repository of reports on more than 2,000 niche industries and more than 12,000 company profiles. Moreover, users can get an online access to quantitative and qualitative data in PDF and Excel formats along with analyst support, customization, and updated versions of reports.
Get an access to the library of reports at any time from any device and anywhere. For more details, follow the link: https://www.alliedmarketresearch.com/library-access
About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Contact:
United States
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Int’l: +1-503-894-6022
Toll Free: +1-800-792-5285
Fax: +1-800-792-5285
[email protected]
Logo: https://mma.prnewswire.com/media/636519/Allied_Market_Research_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/email-encryption-software-market-to-reach-55-4-billion-by-2032-at-24-7-cagr-allied-market-research-301892712.html
Blockchain Press Releases
Bybit x Block Scholes Report: BTC Options Steady with Call-Put Parity, ETH Braces for Short-Term Volatility
DUBAI, UAE, Jan. 3, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has released its latest crypto derivatives analytics report in collaboration with Block Scholes. The report sheds light on key trends in open interest and market behavior during the significant year-end options expiration for Bitcoin (BTC) and Ethereum (ETH).
Key highlights:
Open Interest Solid Amid Year-End Options Expiration
Although open interest in BTC and ETH perpetual swaps has not returned to the early December 2024 highs, it remained stable during the critical year-end options expiration. This stability suggests that traders did not heavily rely on perpetual contracts to hedge the delta of expiring options, which contributed to the muted volatility observed during this period. Trading volumes dipped during the winter holiday season, aligning with a collapse in realized volatility, which reached its lowest levels of December.
BTC Option Curve Remains Steep During Call-Put Parity
Contrary to expectations, the expiration of December’s options did not spark a surge in volatility. Instead, realized volatility declined to the lower end of its recent range. The implied volatility term structure for BTC options remains steep, with longer-dated implied volatility hovering around 57% and 1-week at-the-money options trading approximately five points lower. Most of the expired open interest has not been reinvested, maintaining a neutral call-put balance. As a result, BTC’s options market shows limited leverage compared to its position at the beginning of December 2024, reflecting a cautious sentiment.
Huge ETH Option Expiring Doesn’t Cause Volatility
Despite the substantial expiration of ETH options in late December 2024, market dynamics remained stable. A spike in realized volatility during December failed to extend into the new year, with ETH’s spot price currently showing lower volatility compared to short-tenor implied volatility. Over the past week, the implied volatility term structure for ETH options has shifted, steepening briefly before flattening again, diverging from BTC’s consistently steep profile. This pattern suggests that ETH’s options market is bracing for potential short-term volatility in spot price movements.
Interestingly, despite the expiration, call options for ETH have gained momentum at the start of 2025, dominating the market and indicating an optimistic outlook among traders.
Access the Full Report:
Gain deeper insights and explore the potential impacts on your crypto trading strategies by downloading the full Bybit x Block Scholes Crypto Derivatives Analytics Report.
#Bybit / #TheCryptoArk / #BybitLearn / #BybitResearch / #BTC100K
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
Photo – https://mma.prnewswire.com/media/2590149/Bybit_x_Block_Scholes_Report_BTC_Options_Steady_Call_Put_Parity.jpg
Logo – https://mma.prnewswire.com/media/2267288/5097786/Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/bybit-x-block-scholes-report-btc-options-steady-with-call-put-parity-eth-braces-for-short-term-volatility-302341877.html
Blockchain Press Releases
KuCoin Launches KuCoin Pay, a Merchant Solution Leading the Future of Crypto Payments
VICTORIA, Seychelles, Jan. 2, 2025 /PRNewswire/ — In a significant leap forward for digital commerce, KuCoin has unveiled KuCoin Pay, a pioneering merchant solution designed to catalyze business growth by integrating crypto payments into the retail sector. This innovative system bridges the gap between traditional retail and crypto, offering contactless and borderless transactions. Leveraging KuCoin’s robust infrastructure—trusted globally and serving over 37 million+ users – KuCoin Pay is poised to open new opportunities for merchants and users to thrive in the evolving digital economy.
KuCoin Pay is committed to reducing transaction fees and facilitating immediate settlement of crypto payments, simplifying the process for businesses to manage transactions efficiently. The platform supports an extensive range of cryptocurrencies and blockchain networks, significantly broadening the global reach of payments.
The process for merchants is straightforward: integrate KuCoin Pay into their payment systems, allowing customers to complete purchases through KuCoin by scanning a QR code or via the KuCoin app. This integration ensures a frictionless checkout experience, fostering greater consumer confidence and satisfaction.
Additionally, KuCoin Pay is integrated within the KuCoin app, enabling businesses to tap into KuCoin’s extensive user base while simplifying the buying process for everyday items for users. Daily requests such as gift cards and mobile top-ups can be done seamlessly, further promoting widespread crypto adoption.
KuCoin Pay represents a major milestone in driving the mainstream adoption of crypto and marks a pivotal step in KuCoin’s ongoing commitment to enriching the blockchain ecosystem. For more information on KuCoin Pay and how it can transform your business, please visit the KuCoin Pay website.
About KuCoin
Founded in 2017, KuCoin is one of the pioneering and most globally recognized technology platforms supporting digital economies, built on a robust foundation of cutting-edge blockchain infrastructure, liquidity solutions, and an exceptional user experience. With a connected user base exceeding 37 million worldwide, KuCoin offers comprehensive digital asset solutions across wallets, trading, wealth management, payments, research, ventures, and AI-powered bots. KuCoin has garnered accolades such as “Best Crypto Apps & Exchanges” by Forbes and has been recognized among the “Top 50 Global Unicorns” by Hurun in 2024. These recognitions reflect its commitment to user-centric principles and core values, which include integrity, accountability, collaboration, and a relentless pursuit of excellence.
Logo – https://mma.prnewswire.com/media/2356857/KuCoin_Horizontal_Green_LOGO_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/kucoin-launches-kucoin-pay-a-merchant-solution-leading-the-future-of-crypto-payments-302341049.html
Blockchain Press Releases
KuCoin Advances the “Menstrual Equity Project”, Benefiting 4,000 Women in the Bahamas
NASSAU, Bahamas, Jan. 2, 2025 /PRNewswire/ — On December 31, 2024, the “Menstrual Equity Project” , jointly initiated by KuCoin, Global CSR Foundation, and the American Medical Women’s Association (AMWA), has made new progress. The second batch of aid supplies has been successfully shipped to the Bahamas, providing urgently needed sanitary products for 4,000 local women and effectively improving their quality of life.
The “Menstrual Equity Project” aims to offer sustainable menstrual hygiene solutions to marginalized women and girls, aligning with the United Nations’ Sustainable Development Goals (SDGs). As the oldest multi-specialty medical organization promoting women’s advancement in the medical field and improving women’s health, AMWA’s mission is in perfect alignment with KuCoin’s commitment to social responsibility.
With the support of the Office of the First Lady of Commonwealth of Bahamas H. E. Ann Marie Davis, this round of donated materials focuses on disposable menstrual pads. This decision reflects the local challenges of water scarcity and high washing costs, while also providing essential emergency supplies for women during natural disasters such as hurricanes and typhoons.
Since KuCoin made a firm commitment to social welfare initiatives during the “KuCoin Green Future Gala” at the 28th United Nations Climate Change Conference (COP28) in 2023, the company has actively fulfilled its corporate social responsibilities. The “Menstrual Equity Project” has become a key initiative under this commitment.
In March 2024, the project’s first phase was implemented, distributing 1,000 menstrual kits—each containing 10 sanitary pads and 2 menstrual cups—to Suriname, St. Jude Children’s Research Hospital, and domestic violence shelters in New York and California.
The smooth delivery of the second batch of supplies to the Bahamas will benefit 4,000 women.
Jing Zhao Cesarone，President of Global CSR Foundation, commented:”KuCoin has set a remarkable example in addressing period poverty in underserved regions, demonstrating its enthusiasm and dedication to social responsibility.”
Nancy Cheung, KuCoin’s Chief Sustainability Officer (CSO), emphasized:”As a global leader in the digital economy, KuCoin is committed to advancing the UN’s Sustainable Development Goals (SDGs). Looking ahead, we will continue to focus on key areas such as climate change, health, and education, driving more philanthropic initiatives to fruition. We also plan to expand the scope of the ‘Menstrual Equity Project,’ collaborating with more international organizations to improve women’s living conditions and contribute to global sustainable development.”
About KuCoin
Founded in 2017, KuCoin is one of the pioneering and most globally recognized technology platforms supporting digital economies, built on a robust foundation of cutting-edge blockchain infrastructure, liquidity solutions, and an exceptional user experience. With a connected user base exceeding 37 million worldwide, KuCoin offers comprehensive digital asset solutions across wallets, trading, wealth management, payments, research, ventures, and AI-powered bots. KuCoin has garnered accolades such as “Best Crypto Apps & Exchanges” by Forbes and has been recognized among the “Top 50 Global Unicorns” by Hurun in 2024. These recognitions reflect its commitment to user-centric principles and core values, which include integrity, accountability, collaboration, and a relentless pursuit of excellence.
Logo – https://mma.prnewswire.com/media/2356857/KuCoin_Horizontal_Green_LOGO_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/kucoin-advances-the-menstrual-equity-project-benefiting-4-000-women-in-the-bahamas-302341084.html
-
Blockchain Press Releases5 days agoBybit Launchpad Onboards Xterio, Opening up Opportunities in Blockchain Gaming for Users
-
Blockchain3 days agoBybit Invites Global University Students to Unleash Creativity in Merch Design Challenge with $50,000 USDT Prize Pool
-
Blockchain6 days ago
Bybit P2P Celebrates 3rd Anniversary with Landmark Achievements and Exclusive Rewards
-
Blockchain Press Releases6 days agoBybit and SOLV Protocol Team Up for Explosive bbSOL Maxi Rewards
-
Blockchain Press Releases6 days ago
Matrixdock Integrates XAUm Gold Token with Binance Wallet to Advance Financial Equality
-
Blockchain Press Releases2 days agoBybit x Block Scholes Report: BTC Options Steady with Call-Put Parity, ETH Braces for Short-Term Volatility
-
Blockchain6 days agoAlpha Sigma Capital Research Unveils 2025 Crypto Market Predictions: AI Agents, Staking ETFs, and Decentralized Infrastructure Lead the Way
-
Blockchain5 days ago
Bybit P2P Enhances Trading Flexibility and Empowers Merchants with Open API
