The North American email encryption market is projected to exhibit a considerable growth of around 18% during the forecast period. The report covers the analysis of various end-user verticals of the email encryption industry including BFSI, IT & telecom, healthcare, government & defense, and others.
Browse the full report description Europe North America 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), and Forecast 2020-2027 at https://www.omrglobal.com/industry-reports/north-american-email-encryption-market
In North America, the BFSI industry has boosted the email encryption market during the COVID-19 times, as most of the companies adopting work from home culture are having risk for the loss of sensitive data of the customers. To deal with this, the companies are applying the email encryption solution in the devices of the employee so that they can maintain data privacy and protect the sensitive data of their customers.
Many small and medium-sized organizations are using the cloud-based deployment of email encryption solutions due to the scalability and less physical purchase. It also has the flexibility to operate from anywhere, it is much better than traditional physical on-premise solutions.
In the BFSI segment, according to the Council of Economic Advisers in 2019, malicious cyber activities cost the US economy between $57 billion to $100 billion. This is due to the data breach and cyber-attacks on various multinationals and large organizations.
BFSI segment is expected to dominate the email encryption market in North America, as it is the critical infrastructure segment that suffers many data breaches and cyber attacks on their customer database which resulted in the loss of finance and much severe vital information.
For instance, in 2019, Equifax, one of the largest credit card agencies in the US has witnessed a breach of 140 million accounts and lost the details of 209,00 credit cards.
Sears a parent company of Kmart has reported that its store payment was affected by a malware attack in 2017.
In North America region this cyber attacks and data breach is due to high dependency of people on the internet. Most of the people in this region use internet banking and internet services to manage their financial services.
Market Coverage
o By Deployment Type
o By End-User
o The US
Key questions addressed by the report
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
North-American Email Encryption Market – Segmentation
By Deployment
By End-Users
To learn more about this report request a free sample copy
@ https://www.omrglobal.com/request-sample/north-american-email-encryption-market