Market Research Future (MRFR), in its latest published report on the Messaging Security Market 2020, reveals factors that can govern the market rise across the review period 2017 and 2023. As per MRFR study, the expansion of the messaging security market can be at 16% CAGR across the analysis period. The messaging security market can value at about USD 6 Billion by 2023. The presence of robust network infrastructure and continuous development in the field can support the expansion of the messaging security market across the analysis period. Digitization and the penetration of higher digital technology can support the expansion of the messaging security market across the analysis period. In addition, the presence of leading messaging security solution developers across the globe can impel the rise of the market.
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Messaging Security Market Segmentation
The segment evaluation of the messaging security market is based on type, components, mode of communication, vertical, and deployment.
The deployment based, messaging security market segments are cloud and on-premise.
The Mode of Communication based, the messaging security market segments are Instant Messaging and email.
The vertical based segments of the messaging security market are Retail & Ecommerce, Healthcare and Life science, BFSI, Automotive and Manufacturing, and Media & Entertainment among others.
The type based segments of the messaging security market are Message Confidentiality, Cryptographically Signed Certificate, E-Commerce Authentication, Third Party Authentication, Message Authentication, Message and System Integrity.
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