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.
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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.
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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.
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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.
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PANAMA CITY, April 22, 2025 /PRNewswire/ — BingX, a global leading cryptocurrency exchange, kicks off its 7th anniversary as a Platinum Sponsor at TOKEN2049 Dubai. This premier Web3 gathering marks the beginning of a global series of festivities commemorating BingX’s milestone. As the anniversary unfolds, BingX will continue its celebration with a lineup of offline events around the world, uniting users, partners, and communities in a shared journey of growth and gratitude.
Attendees at the TOKEN2049 conference will be able to enjoy the vibrant anniversary spirit that infuses the event experience. The celebratory atmosphere, from immersive booth interactions to BingX-branded boats adorning the waterfront, highlights the connections BingX has built with its global user base. Attendees will also have the opportunity to meet BingX’s core team, provide feedback, and discover the strategy and innovation behind the platform’s latest product developments. In addition, BingX will host a private side event, bringing together key partners, traders, and community members for a meaningful evening of connection and reflection.
“We are proud to mark our 7th anniversary with meaningful moments alongside our global community,” said Vivien Lin, Chief Product Officer of BingX. “Dubai is one of the many ideal places to celebrate how far we’ve come — not just as a platform, but as a user-first brand. From our early days to now being a top 5 derivative platform, our journey has been shaped by every user, every conversation, and the stories they tell. By showing up at TOKEN2049 as a major sponsor, we are reinforcing our belief that innovation starts with us listening.”
BingX’s celebration is already well underway. The “Your Voice, Our Story” Campaign invited users to share their personal journeys with BingX, shining a light on the very community that helped shape the platform. Chelsea FC and BingX also teamed up to launch the Bitcoin Fantasy 7 campaign, giving fans the chance to build their dream team and win exclusive prizes. Coming up next is a global trading campaign featuring various competitions, community rewards, and special giveaways as well. Together, activities reflect BingX’s commitment to creating fun, rewarding experiences that strengthen its connection with users worldwide
About BingX
Founded in 2018, BingX is a leading crypto exchange, serving over 20 million users worldwide. BingX offers diversified products and services, including spot, derivatives, copy trading, and asset management – all designed for the evolving needs of users, from beginners to professionals. BingX is committed to providing a trustworthy platform that empowers users with innovative tools and features to elevate their trading proficiency. In 2024, BingX proudly became the official crypto exchange partner of Chelsea Football Club, marking an exciting debut in the world of sports.
For more information please visit: https://bingx.com/
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Blockchain Press Releases
MEXC Exchange Report Shows Airdrops Resulting in Up to 35% New User Registrations
VICTORIA, Seychelles, April 22, 2025 /PRNewswire/ — A report released by MEXC, a leading global crypto exchange, indicates that airdrop campaigns account for approximately one-third of new user registrations during peak months. The numbers showcase the effectiveness of airdrops as a marketing instrument that crypto projects can leverage to attract new audiences and bootstrap engagement. The report also highlights the importance of ongoing structural shifts taking place in the industry across regions, as well as user motivation swings.
Key Takeaways:
- Peak user acquisition rates driven by airdrops reach up to 35% in certain months.
- User behavior is influencing airdrop campaign participation through deeper mobile penetration and the involvement of gamification mechanisms.
- 76% of users who sign up via airdrop campaigns remain on the platform, with 18% becoming active traders and 58% trading occasionally.
- The CIS region leads in terms of involvement at 67%, followed by Southeast Asia at 51%, and South Asia at 32%.
- Airdrops are evolving into a means of financial inclusion, in addition to acting as an effective marketing instrument.
MEXC analyzed user behavior during airdrop campaigns and identified a significant shift in the audience. While regions with low levels of access to banking services previously served as the main source of airdrop participants, the latest report indicates that new channels of user onboarding are ousting the trend. Gamification and Tap-to-Earn games in mobile-based Telegram channels are taking center stage as key registration sources for users with no previous experience in crypto. For instance, games like Hamster Kombat attracted over 70 million users, other notable examples of similar grade being Notcoin and Yescoin.
According to the data compiled as a result of the research, users who received their first airdrop tokens demonstrated varying degrees of continued involvement in the crypto industry. As many as 18% maintained active trading patterns and delved deeper into crypto services, 58% traded occasionally, while 24% were one-off users, withdrawing their funds without further engagement in trading. The users who evolve into active traders showcase an average daily trading volume above $58,000, with select ones achieving $31 million.
Regional segmentation of the users attracted via airdrops shows that the CIS is in a leading position, with 67% of the total, followed by Southeast Asia at 51%, and South Asia with 32%. The results of the analysis correlate with low levels of access to banking services in the given regions. They also align with data provided by Chainalysis, which positioned India, Vietnam, and the Philippines as the countries in Asia with the highest rates of crypto adoption, driven by low levels of banking services access and rapid spread of internet coverage in rural areas.
The limited financial inclusion of the countries in the indicated regions into the international banking system paves the way for cryptocurrencies to act as alternative means of payment both abroad and within domestic economies. Users participating in airdrops either withdraw them to fiat or use them for their needs. Pakistan and the Philippines are leading in this regard.
The report released by MEXC highlights the prominent role airdrops are occupying in the evolving crypto landscape, transforming from a marketing action into a separate instrument for user engagement. The ability to attract 35% new user registrations via airdrops in select regions like the CIS and Asia is a powerful factor acting in favor of using the given approach to expanding the crypto industry and advancing its maturity.
About MEXC
Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 36 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.
For more information, visit: MEXC Official Website | X | Telegram | How to Sign Up on MEXC
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Blockchain Press Releases
MEXC Announces Listing of Hyperlane (HYPER) with a 165,000 HYPER and 50,000 USDT Prize Pool
VICTORIA, Seychelles, April 21, 2025 /PRNewswire/ — MEXC, a leading global cryptocurrency exchange, announced the Hyperlane (HYPER) listing on April 22, 2025(UTC).To celebrate this significant addition to the exchange, MEXC is launching a special event with a prize pool of 165,000 HYPER and 50,000 USDT for new and existing users.
Hyperlane is the first permissionless, universal interoperability protocol dedicated to building a truly open and decentralized cross-chain communication infrastructure. As “The Open Interoperability Framework,” it enables anyone to freely expand, utilize, and customize the network, allowing developers to easily and securely build cross-chain applications and token bridges. To date, Hyperlane has connected over 140 blockchains, processed nearly 9 million cross-chain messages, and bridged more than $6 billion in volume through its Warp Routes.
$HYPER is the native token of the Hyperlane ecosystem, with an initial total supply of 1 billion tokens. It plays a critical role in securing the protocol through staking, rewarding validators for verifying cross-chain messages, incentivizing user-driven activity, and enabling community governance over protocol development.
To celebrate the listing, MEXC will launch an Airdrop+ event with substantial rewards for users:
Event Period: April 21, 2025, 10:00 – May 01, 2025, 10:00 (UTC)
Benefit 1: Deposit and share 120,000 HYPER (New user exclusive)
Benefit 2: Spot Challenge — Trade to share 15,000 HYPER (For all users)
Benefit 3: Futures Challenge — Trade to share 50,000 USDT in Futures bonus (For all users)
Benefit 4: Invite new users and share 30,000 HYPER (For all users)
MEXC has established itself as a leading exchange by consistently offering users early access to high-potential crypto assets. In 2024 alone, the platform listed 2,376 new tokens, including 1,716 initial listings. According to the latest TokenInsight report, MEXC led the industry with 461 spot listings between November 1, 2024, and February 15, 2025. During this period, the exchange maintained a high listing frequency, consistently ranking among the top six platforms, demonstrating its agility in capturing emerging market trends. MEXC will continue to expand its asset offerings and help users seize timely opportunities in the fast-moving crypto market.
For full event details and participation rules, please visit here.
About MEXC
Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 36 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.
MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC
Risk Disclaimer:
The information provided in this article regarding cryptocurrencies does not constitute investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully assess market fluctuations, the fundamentals of projects, and potential financial risks before making any trading decisions.
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