Market research firm Technavio has issued a new report on the global email security market, and reports a strong growth trend. The firm expects the market to grow at a rate of 5.99 percent (CAGR) between 2015 and 2019.
The need for email security products and services is pretty obvious: More and more sensitive and confidential information is being shared digitally, and it’s in businesses interests to take strong measures to secure their data. Moreover, a lot of organizations are now using cloud technology to store their data, and so there’s an increasingly important need for security in that domain. Technavio highlights this as a key market trend, while the main market challenge is the high costs involved in implementing such security systems.
Technavio identifies a few technologies increasingly that are increasingly being adopted to provide this kind of security – namely “managed services, authentication processes, video management systems and biometrics storage.” We’ve seen a number of such security systems emerge lately, such as the security keys systems offered by YubiKey, which help to authenticate users trying to access sensitive organizational network data. There are also the Tactivo readers, which are essentially digital casings for Apple mobile devices that require smart card authentication as an extra layer of security for organization employees trying to access sensitive data remotely. As BYOD policies continue to emerge in corporate culture, the need for such security can only increase.
April 23, 2015 – by Alex Perala