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Email Encryption - Company Evaluation Report, 2025

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    Report

  • 149 Pages
  • August 2025
  • Region: Global
  • Markets and Markets
  • ID: 6165975
The Email Encryption Companies Quadrant is a comprehensive industry analysis that provides valuable insights into the global market for Email Encryption. This quadrant offers a detailed evaluation of key market players, technological advancements, product innovations, and emerging trends shaping the industry. The 360 Quadrant evaluated over 100 companies, of which the Top 23 Email Encryption Companies were categorized and recognized as quadrant leaders.

The email encryption market has experienced significant growth, driven by the increasing need to protect sensitive communications in a digitally connected world. Initially, its adoption was mainly confined to regulated sectors such as banking and healthcare to comply with industry-specific mandates. Early email encryption technologies were relatively basic, often relying on manual key exchanges and user-driven encryption methods. However, as email became a key target for cyber threats such as phishing, business email compromise (BEC), and data breaches, organizations across various industries began implementing more sophisticated encryption solutions to safeguard their communications and comply with strict data privacy regulations like GDPR, HIPAA, and CCPA.

Email encryption is a security process that ensures messages cannot be accessed by unintended or unauthorized recipients. It transforms the original message by encoding it into an unreadable or indecipherable format.

The 360 Quadrant maps the Email Encryption companies based on criteria such as revenue, geographic presence, growth strategies, investments, and sales strategies for the market presence of the Email Encryption quadrant. The top criteria for product footprint evaluation included By OFFERING (Solutions, Services), by TYPE (End-to-End Encryption, Email Gateway Encryption, Message Encryption), by DEPLOYMENT MODE (on-Premises, Cloud, Hybrid), by ORGANIZATION SIZE (Large Enterprises, Small & Medium-Sized Enterprises (SMEs)), and By VERTICAL (Bfsi, Healthcare, Government, Manufacturing, Energy & Utilities, It & Ites, Telecommunications, Retail & Ecommerce, Other Verticals).

Key players in the Email Encryption market include major global corporations and specialized innovators such as Fortinet, BAE Systems, Mimecast, Cisco Systems, Proofpoint, Zoho, Broadcom, OpenText, Barracuda Networks, Thales, HPE, Entrust, Fortra, Seclore, Sophos, Trend Micro, Intermedia, Egress Software (KnowBe4), Echoworx, Lux Scientiae (LuxSci), Neocertified, SSH Communications, and Retarus. These companies are actively investing in research and development, forming strategic partnerships, and engaging in collaborative initiatives to drive innovation, expand their global footprint, and maintain a competitive edge in this rapidly evolving market.

Top 3 Companies

Cisco Systems

Cisco Systems is a leader in the email encryption market, leveraging its strong network infrastructure to enhance security solutions across various platforms. The company focuses on integrating security measures with its extensive network, ensuring comprehensive protection against diverse cyber threats. Cisco's strategy involves investing in AI and automation, significantly improving threat detection and response capabilities. This approach has positioned Cisco as a trusted brand with a robust global presence spanning North America, Europe, and Asia Pacific.

BAE Systems

BAE Systems is renowned for its secure communication offerings, integrating AI-driven encryption solutions to enhance its cybersecurity framework. It collaborates extensively with other security firms to broaden its service reach, focusing particularly on protecting national security and critical infrastructure sectors. BAE's deep expertise in cybersecurity, coupled with a strong reputation in defense sectors, enables it to provide tailored communications protection services. Its market strategy includes strategic partnerships to bolster its presence in high-security markets.

Fortinet

Fortinet is a star performer in the email encryption market, noted for its comprehensive approach to cybersecurity, which includes innovative AI-powered solutions. The company focuses on advancing its cloud-native capabilities and enhancing its email and data protection services. Fortinet's acquisitions and product enhancements facilitate expanded security coverage across hybrid workspaces, making it a key player in safeguarding against modern cyber threats. With strategic market expansion initiatives, Fortinet maintains a substantial market share, distinguishing itself in both enterprise and telecom sectors worldwide.

Table of Contents

1 Introduction
1.1 Market Definition
1.2 Inclusions and Exclusions
1.3 Stakeholders
2 Executive Summary
3 Market Overview and Industry Trends
3.1 Introduction
3.2 Market Dynamics
3.2.1 Drivers
3.2.1.1 Surge in Email Data Breaches
3.2.1.2 Increase in Bec Frauds and Spear-Phishing Incidents
3.2.1.3 Rise in Stringent Government Regulations and Data Privacy Compliance
3.2.1.4 Advancements in Encryption Technology
3.2.2 Restraints
3.2.2.1 Complex Implementation and Compatibility Issues
3.2.2.2 Cost Constraints Associated with Email Encryption Solutions
3.2.3 Opportunities
3.2.3.1 Expansion of Remote and Hybrid Work Environments
3.2.3.2 Advancements in AI and ML-Powered Solutions
3.2.3.3 Proliferation of Mobile Devices
3.2.3.4 Growing Demand for Cloud-based Email Encryption Solutions
3.2.3.5 Adoption of User-Friendly Encryption Interfaces
3.2.4 Challenges
3.2.4.1 Lack of Seamless Integration with Operating Systems
3.2.4.2 Interoperability Issues and Infrastructure Limitations
3.3 Value Chain Analysis
3.4 Ecosystem Analysis
3.5 Porter's Five Forces Analysis
3.5.1 Threat of New Entrants
3.5.2 Bargaining Power of Suppliers
3.5.3 Bargaining Power of Buyers
3.5.4 Threat of Substitutes
3.5.5 Intensity of Competitive Rivalry
3.6 Technology Analysis
3.6.1 Key Technologies
3.6.1.1 Artificial Intelligence and Machine Learning
3.6.1.2 Public Key Infrastructure
3.6.1.3 Cloud-Native Security
3.6.1.4 Digital Signatures
3.6.2 Adjacent Technologies
3.6.2.1 Zero Trust Security
3.6.2.2 Blockchain Technology
3.6.2.3 Mailchain Technology
3.6.3 Complementary Technologies
3.6.3.1 Quantum-Safe Cryptography
3.6.4 Emerging Trends and Innovations in Email Encryption Technology
3.7 Patent Analysis
3.8 Trends and Disruptions Impacting Customers’ Businesses
3.9 Key Conferences and Events, 2025-2026
3.10 Impact of Generative AI on Email Encryption Market
3.10.1 Top Use Cases and Market Potential
3.10.2 Impact of Gen AI on Interconnected and Adjacent Ecosystems
3.10.2.1 Cloud Computing
3.10.2.2 Blockchain
3.10.2.3 Digital Signatures
3.10.2.4 Zero Trust Architecture
3.10.2.5 Quantum-Safe Cryptography
4 Competitive Landscape
4.1 Key Player Strategies/Right to Win
4.2 Revenue Analysis, 2020-2024
4.3 Market Share Analysis, 2024
4.4 Brand Comparison
4.5 Company Valuation and Financial Metrics
4.5.1 Company Valuation
4.5.2 Financial Metrics Using EV/EBITDA
4.6 Company Evaluation Matrix: Key Players, 2024
4.6.1 Stars
4.6.2 Emerging Leaders
4.6.3 Pervasive Players
4.6.4 Participants
4.6.5 Company Footprint: Key Players, 2024
4.6.5.1 Company Footprint
4.6.5.2 Region Footprint
4.6.5.3 Offering Footprint
4.6.5.4 Deployment Mode Footprint
4.6.5.5 Vertical Footprint
4.7 Company Evaluation Matrix: Startups/SMEs, 2024
4.7.1 Progressive Companies
4.7.2 Responsive Companies
4.7.3 Dynamic Companies
4.7.4 Starting Blocks
4.7.5 Competitive Benchmarking: Startups/SMEs, 2024
4.7.5.1 Detailed List of Key Startups/SMEs
4.7.5.2 Competitive Benchmarking of Key Startups/SMEs
4.8 Competitive Scenario
4.8.1 Product Launches & Enhancements
4.8.2 Deals
5 Company Profiles
5.1 Introduction
5.2 Key Players
5.2.1 Fortinet
5.2.1.1 Business Overview
5.2.1.2 Products/Solutions/Services Offered
5.2.1.3 Recent Developments
5.2.1.3.1 Product Launches/Developments
5.2.1.3.2 Deals
5.2.1.4 Analyst's View
5.2.1.4.1 Right to Win
5.2.1.4.2 Strategic Choices
5.2.1.4.3 Weaknesses and Competitive Threats
5.2.2 Bae Systems
5.2.2.1 Business Overview
5.2.2.2 Products/Solutions/Services Offered
5.2.2.3 Recent Developments
5.2.2.3.1 Deals
5.2.2.4 Analyst's View
5.2.2.4.1 Right to Win
5.2.2.4.2 Strategic Choices
5.2.2.4.3 Weaknesses and Competitive Threats
5.2.3 Mimecast
5.2.3.1 Business Overview
5.2.3.2 Products/Solutions/Services Offered
5.2.3.3 Recent Developments
5.2.3.3.1 Product Launches/Developments
5.2.3.3.2 Deals
5.2.3.3.3 Expansions
5.2.3.4 Analyst's View
5.2.3.4.1 Right to Win
5.2.3.4.2 Strategic Choices
5.2.3.4.3 Weaknesses and Competitive Threats
5.2.4 Cisco Systems
5.2.4.1 Business Overview
5.2.4.2 Products/Solutions/Services Offered
5.2.4.3 Analyst's View
5.2.4.3.1 Right to Win
5.2.4.3.2 Strategic Choices
5.2.4.3.3 Weaknesses and Competitive Threats
5.2.5 Proofpoint
5.2.5.1 Business Overview
5.2.5.2 Products/Solutions/Services Offered
5.2.5.3 Recent Developments
5.2.5.3.1 Product Launches/Developments
5.2.5.3.2 Deals
5.2.5.4 Analyst's View
5.2.5.4.1 Right to Win
5.2.5.4.2 Strategic Choices
5.2.5.4.3 Weaknesses and Competitive Threats
5.2.6 Zoho
5.2.6.1 Business Overview
5.2.6.2 Products/Solutions/Services Offered
5.2.6.3 Recent Developments
5.2.6.3.1 Product Launches/Developments
5.2.7 Broadcom
5.2.7.1 Business Overview
5.2.7.2 Products/Solutions/Services Offered
5.2.7.3 Recent Developments
5.2.7.3.1 Product Launches/Developments
5.2.8 Opentext
5.2.8.1 Business Overview
5.2.8.2 Products/Solutions/Services Offered
5.2.8.3 Recent Developments
5.2.8.3.1 Deals
5.2.9 Barracuda Networks
5.2.9.1 Business Overview
5.2.9.2 Products/Solutions/Services Offered
5.2.9.3 Recent Developments
5.2.9.3.1 Product Launches/Developments
5.2.9.3.2 Deals
5.2.9.3.3 Expansions
5.2.10 Thales
5.2.10.1 Business Overview
5.2.10.2 Products/Solutions/Services Offered
5.2.10.2.1 Deals
5.2.11 Hpe
5.2.11.1 Business Overview
5.2.11.2 Products/Solutions/Services Offered
5.2.11.3 Recent Developments
5.2.11.3.1 Product Launches/Developments
5.2.11.3.2 Deals
5.2.12 Entrust
5.2.12.1 Business Overview
5.2.12.2 Products/Solutions/Services Offered
5.2.12.3 Recent Developments
5.2.12.3.1 Product Launches/Developments
5.2.13 Fortra
5.2.13.1 Business Overview
5.2.13.2 Products/Solutions/Services Offered
5.2.13.3 Recent Developments
5.2.13.3.1 Product Launches/Developments
5.2.14 Seclore
5.2.14.1 Business Overview
5.2.14.2 Products/Solutions/Services Offered
5.2.14.3 Recent Developments
5.2.14.3.1 Product Launches/Developments
5.2.14.3.2 Deals
5.2.15 Sophos
5.2.15.1 Business Overview
5.2.15.2 Products/Solutions/Services Offered
5.2.15.3 Recent Developments
5.2.15.3.1 Product Launches/Developments
5.2.15.3.2 Deals
5.2.16 Trend Micro
5.2.16.1 Business Overview
5.2.16.2 Products/Solutions/Services Offered
5.2.16.3 Recent Developments
5.2.16.3.1 Product Launches/Developments
5.2.17 Intermedia
5.2.17.1 Business Overview
5.2.17.2 Products/Solutions/Services Offered
5.3 Other Key Players
5.3.1 Egress Software (Knowbe4)
5.3.2 Echoworx
5.3.3 Lux Scientiae (Luxsci)
5.3.4 Neocertified
5.3.5 Ssh Communications
5.3.6 Retarus
5.3.7 Paubox
5.3.8 Preveil
5.3.9 Sealit Technologies
5.3.10 Sendsafely
5.3.11 Zivver
6 Appendix
6.1 Research Methodology
6.1.1 Research Data
6.1.1.1 Secondary Data
6.1.1.2 Primary Data
6.1.2 Research Assumptions
6.1.3 Limitations
6.2 Company Evaluation Matrix: Methodology
List of Tables
Table 1 Email Encryption Market and Growth Rate, 2019-2024 (USD Million, Y-O-Y %)
Table 2 Email Encryption Market Size and Growth Rate, 2025-2030 (USD Million, Y-O-Y %)
Table 3 Role of Players in Email Encryption Market Ecosystem
Table 4 Porter's Five Forces Model: Impact Analysis
Table 5 Email Encryption Market: Key Patents, 2022-2024
Table 6 Email Encryption Market: Key Conferences and Events, 2025-2026
Table 7 Overview of Strategies Adopted by Key Email Encryption Vendors
Table 8 Email Encryption Market: Degree of Competition
Table 9 Email Encryption Market: Region Footprint
Table 10 Email Encryption Market: Offering Footprint
Table 11 Email Encryption Market: Deployment Mode Footprint
Table 12 Email Encryption Market: Vertical Footprint
Table 13 Email Encryption Market: Key Startups/SMEs
Table 14 Email Encryption Market: Competitive Benchmarking of Key Startups/SMEs, by Offering
Table 15 Email Encryption Market: Competitive Benchmarking of Key Startups/SMEs, by Deployment Mode
Table 16 Email Encryption Market: Competitive Benchmarking of Key Startups/SMEs, by Vertical
Table 17 Email Encryption Market: Competitive Benchmarking of Key Startups/SMEs, by Region
Table 18 Email Encryption Market: Product Launches & Enhancements, January 2023-June 2025
Table 19 Email Encryption Market: Deals, January 2023-June 2025
Table 20 Fortinet: Company Overview
Table 21 Fortinet: Products/Solutions/Services Offered
Table 22 Fortinet: Product Launches/Developments, January 2023-May 2025
Table 23 Fortinet: Deals, January 2023-May 2025
Table 24 Bae Systems: Company Overview
Table 25 Bae Systems: Products/Solutions/Services Offered
Table 26 Bae Systems: Deals, January 2023-May 2025
Table 27 Mimecast: Company Overview
Table 28 Mimecast: Products/Solutions/Services Offered
Table 29 Mimecast: Product Launches/Developments, January 2023-May 2025
Table 30 Mimecast: Deals, January 2023-May 2025
Table 31 Mimecast: Expansions, January 2023-May 2025
Table 32 Cisco Systems: Company Overview
Table 33 Cisco Systems: Products/Solutions/Services Offered
Table 34 Proofpoint: Company Overview
Table 35 Proofpoint: Products/Solutions/Services Offered
Table 36 Proofpoint: Product Launches/Enhancements, January 2023-May 2025
Table 37 Proofpoint: Deals, January 2023-May 2025
Table 38 Zoho: Company Overview
Table 39 Zoho: Products/Solutions/Services Offered
Table 40 Zoho: Product Launches/Developments, January 2023-May 2025
Table 41 Broadcom: Company Overview
Table 42 Broadcom: Products/Solutions/Services Offered
Table 43 Broadcom: Product Launches/Developments, January 2023-May 2025
Table 44 Opentext: Company Overview
Table 45 Opentext: Products/Solutions/Services Offered
Table 46 Opentext: Deals, January 2023-May 2025
Table 47 Barracuda Networks: Company Overview
Table 48 Barracuda Networks: Products/Solutions/Services Offered
Table 49 Barracuda Networks: Product Launches/Developments, January 2023-May 2025
Table 50 Barracuda Networks: Deals, January 2023-May 2025
Table 51 Barracuda Networks: Expansions, January 2023-May 2025
Table 52 Thales: Company Overview
Table 53 Thales: Products/Solutions/Services Offered
Table 54 Thales: Deals, January 2023-May 2025
Table 55 Hpe: Company Overview
Table 56 Hpe: Products/Solutions/Services Offered
Table 57 Hpe: Product Launches/Developments, January 2023-May 2025
Table 58 Hpe: Deals, January 2023-May 2025
Table 59 Entrust: Company Overview
Table 60 Entrust: Products/Solutions/Services Offered
Table 61 Entrust: Product Launches/Developments, January 2023-May 2025
Table 62 Fortra: Company Overview
Table 63 Fortra: Products/Solutions/Services Offered
Table 64 Fortra: Product Launches/Developments, January 2023-May 2025
Table 65 Seclore: Company Overview
Table 66 Seclore: Products/Solutions/Services Offered
Table 67 Seclore: Product Launches/Developments, January 2023-May 2025
Table 68 Seclore: Deals, January 2023-May 2025
Table 69 Sophos: Company Overview
Table 70 Sophos: Products/Solutions/Services Offered
Table 71 Sophos: Product Launches/Developments, January 2023-May 2025
Table 72 Sophos: Deals, January 2023-May 2025
Table 73 Trend Micro: Company Overview
Table 74 Trend Micro: Products/Solutions/Services Offered
Table 75 Trend Micro: Product Launches/Developments, January 2023-May 2025
Table 76 Intermedia: Company Overview
Table 77 Intermedia: Products/Solutions/Services Offered
List of Figures
Figure 1 Global Email Encryption Market Size and Y-O-Y Growth Rate
Figure 2 Segments with Significant Market Share and Growth Rate
Figure 3 North America to Dominate Market in 2025
Figure 4 Email Encryption Market: Drivers, Restraints, Opportunities, and Challenges
Figure 5 Value Chain Analysis
Figure 6 Email Encryption Market Ecosystem
Figure 7 Porter's Five Forces Analysis
Figure 8 Number of Patents Granted for Email Encryption Market, 2014-2025
Figure 9 Email Encryption Market: Regional Analysis of Patents Granted, 2025
Figure 10 Trends and Disruptions Impacting Customers’ Businesses
Figure 11 Market Potential of Gen AI in Enhancing Email Encryption Across Industries
Figure 12 Impact of Gen AI on Interconnected and Adjacent Ecosystems
Figure 13 Segmental Revenue Analysis of Top Five Vendors, 2020-2024 (USD Million)
Figure 14 Email Encryption Market: Share of Leading Companies, 2024
Figure 15 Email Encryption Market: Comparison of Vendor Brands
Figure 16 Email Encryption Market: Company Valuation of Key Vendors (USD Billion), 2025
Figure 17 Email Encryption Market: Financial Metrics of Key Vendors, 2025
Figure 18 Email Encryption Market: Company Evaluation Matrix (Key Players), 2024
Figure 19 Email Encryption Market: Company Footprint
Figure 20 Email Encryption Market: Company Evaluation Matrix (Startups/SMEs), 2024
Figure 21 Fortinet: Company Snapshot
Figure 22 Bae Systems: Company Snapshot
Figure 23 Cisco Systems: Company Snapshot
Figure 24 Broadcom: Company Snapshot
Figure 25 Opentext: Company Snapshot
Figure 26 Thales: Company Snapshot
Figure 27 Hpe: Company Snapshot
Figure 28 Trend Micro: Company Snapshot
Figure 29 Email Encryption Market: Research Design

Companies Mentioned

  • Fortinet
  • Bae Systems
  • Mimecast
  • Cisco Systems
  • Proofpoint
  • Zoho
  • Broadcom
  • Opentext
  • Barracuda Networks
  • Thales
  • Hpe
  • Entrust
  • Fortra
  • Seclore
  • Sophos
  • Trend Micro
  • Intermedia
  • Egress Software (Knowbe4)
  • Echoworx
  • Lux Scientiae (Luxsci)
  • Neocertified
  • Ssh Communications
  • Retarus
  • Paubox
  • Preveil
  • Sealit Technologies
  • Sendsafely
  • Zivver