The global business email compromise market attained a value of nearly USD 1.43 Billion in 2024. The market is projected to grow at a CAGR of 19.40% between 2025 and 2034 to reach a value of around USD 8.42 Billion by 2034.
Cloud-based email security requires low maintenance, boosting the time-effectiveness of employees and increasing their productivity. Furthermore, the increasing deployment of cloud-based email security software across the healthcare, financial, and legal industries is fuelling the growth of this segment.
In the BFSI sector, the rising number of transactions, surging incidences of phishing attacks, and the accessibility of financial institutions and banks to sensitive information can increase the chances of business email compromise, thereby enhancing the demand for secure and reliable solutions.
Other market players include Cisco Systems Inc, Higher Logic, LLC, Fortra, LLC, Trend Micro Incorporated., ZIX Corporation, Barracuda Networks, Inc., GreatHorn Inc., and Cloudflare, Inc., among others.
Key Trends in the Market
Business email compromise (BEC) refers to a kind of cybercrime in which a victim is manipulated into sending money or leaking out information confidential to an organisation. Business email compromise can be of several types, such as data theft, false invoice scheme, lawyer impersonation, CEO fraud, or account compromise, among others.- One of the major business email compromise market trends includes a surge in the cases of cybercrimes related to business email compromise as it requires no technical skill. This is driving the adoption of solutions and services that can detect fake accounts, malicious emails, ransomware, and manipulative transaction.
- Increasing accessibility to payroll invoices, coupons, gift cards, and business-related schemes is likely to escalate the risk of business email compromise in the forecast period. The growing adoption of smartphones and laptops for professional applications is also expected to aid the market.
- Rising investments by enterprises to prevent business email compromise-induced financial losses are expected to boost the deployment of cybersecurity tools in the coming years.
Market Segmentation
The report titled “Business Email Compromise Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:Market Breakup by Offerings
- Solutions
- Services
- Others
Market Breakup by Deployment
- Cloud
- On premise
Market Breakup by Organisation
- Large Enterprises
- Small and Medium Enterprises
Market Breakup by End Use
- Government
- BFSI
- Energy and Utility
- IT and ITES
- Healthcare
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Market Share by Deployment
The cloud segment accounts for a healthy share of the business email compromise market. This can be attributed to the fact that cloud-based software offers faster deployment and constant updates with no hidden costs, hence offering convenience to the users.Cloud-based email security requires low maintenance, boosting the time-effectiveness of employees and increasing their productivity. Furthermore, the increasing deployment of cloud-based email security software across the healthcare, financial, and legal industries is fuelling the growth of this segment.
Market Share by End Use
Based on end use, the BFSI segment holds a significant share of the business email compromise market. Banks and financial institutions are adopting advanced strategies, including the use of cybersecurity tools, multi-factor authentication, and spam filtering, among others, to combat business email compromise.In the BFSI sector, the rising number of transactions, surging incidences of phishing attacks, and the accessibility of financial institutions and banks to sensitive information can increase the chances of business email compromise, thereby enhancing the demand for secure and reliable solutions.
Competitive Landscape
The comprehensive report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the key players in the global business email compromise market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.Proofpoint, Inc.
Proofpoint, Inc. is an enterprise security company which offers solutions and products related to email security, protection against data loss, and email archiving, among others. It was founded in 2002 and is headquartered in California, the United States.Mimecast Services Limited
Mimecast Services Limited is a leading company which provides email management services and software, such as email delivery backup, security, and archiving, among others. It was established in 2003 and is currently headquartered in London, England.Check Point Software Technologies Ltd.
Check Point Software Technologies Ltd. is a company which provides cybersecurity solutions to corporate enterprises and government institutions at a global level. Establishment of this company took place in 1993 and is headquartered in Tel Aviv, Israel.Other market players include Cisco Systems Inc, Higher Logic, LLC, Fortra, LLC, Trend Micro Incorporated., ZIX Corporation, Barracuda Networks, Inc., GreatHorn Inc., and Cloudflare, Inc., among others.
Table of Contents
1 Executive Summary
2 Market Overview and Stakeholder Insights
3 Economic Summary
4 Country Risk Profiles
5 Global Business Email Compromise Market Analysis
6 North America Business Email Compromise Market Analysis
7 Europe Business Email Compromise Market Analysis
8 Asia Pacific Business Email Compromise Market Analysis
9 Latin America Business Email Compromise Market Analysis
10 Middle East and Africa Business Email Compromise Market Analysis
11 Market Dynamics
12 Competitive Landscape
Companies Mentioned
- Proofpoint, Inc.
- Mimecast Services Limited
- Check Point Software Technologies Ltd.
