Press release
Phishing Protection Market Soars as Cyber Threats Escalate - Opportunities Abound | Cyren, BAE Systems, Microsoft Corporation
Global Phishing Protection Market is projected to reach US$ Multimillion by 2030, growing at a CAGR of 12.9% from 2023 to 2030
The comprehensive report, titled "Global Phishing Protection Market Analysis 2023 to 2030," takes an in-depth look at the market's current state and future prospects, offering a detailed analysis of the various segments and regions. It serves as an indispensable resource for industry stakeholders, investors, and decision-makers seeking to understand the prevailing market dynamics and make informed choices.
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Market Overview:
Growing Cybersecurity Threat: Phishing attacks remain a pervasive and growing cybersecurity threat. They are typically delivered via email, but can also occur through other channels like social media, SMS, and phone calls.
Variety of Solutions: The market offers a wide range of solutions, including email security, anti-phishing software, user training and awareness programs, and threat intelligence services.
Target Audience: Phishing protection solutions target a broad audience, including individuals, small businesses, large enterprises, and government organizations, as phishing attacks can impact anyone.
Recent Developments:
Mergers and Acquisitions: The market industry has witnessed a flurry of mergers and acquisitions, as companies aim to consolidate their market presence and expand their product/service portfolios. These developments are fostering innovation and competition.
Marketplace Aggregators: The emergence of marketplace aggregators is transforming how businesses connect with consumers. These platforms bring together buyers and sellers, offering a streamlined shopping experience and expanding market reach.
Sustainable Packaging Innovations: Sustainable packaging solutions are at the forefront of the market industry. Companies are investing in eco-friendly materials and packaging designs, reducing waste and environmental impact.
Rapid Growth: The global market industry is experiencing unprecedented growth, with several subsectors performing exceptionally well. E-commerce, healthcare products, and technology-driven marketplaces are among the areas seeing rapid expansion. The industry's overall resilience and adaptability have played a pivotal role in maintaining this growth trajectory.
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Major Key Players of Phishing Protection Market:
Cyren
BAE Systems
Microsoft Corporation
FireEye Inc.
Symantec Corporation
Proofpoint, Inc.
GreatHorn, Inc.
Cisco Systems Inc.
Phishlabs
Intel Corporation
Mimecast Ltd.
Key Trends and Insights:
AI and Machine Learning: Many phishing protection solutions leverage artificial intelligence (AI) and machine learning to identify and block phishing attempts in real time. These technologies can help detect evolving and sophisticated attacks.
Email Security: A significant portion of phishing attacks is delivered through email. Therefore, email security solutions that inspect and filter incoming messages for phishing indicators are widely used.
User Training and Awareness: User education and awareness programs are essential to help individuals and employees recognize and respond to phishing attempts effectively.
Cloud-Based Solutions: The shift to cloud-based solutions offers scalability, flexibility, and continuous updates to counter evolving phishing threats.
Mobile Phishing Protection: With the increasing use of mobile devices, solutions that protect against mobile-specific phishing attacks have become more important.
Global Phishing Protection Market: Regional Analysis
In brief, the global Phishing Protection market's regional analysis highlights distinct dynamics:
North America: Mature market with e-commerce dominance and sustainability focus.
Europe: Diverse landscape, strong regulations, and ESG emphasis.
Asia-Pacific: Rapid expansion, tech-driven solutions, and e-commerce growth.
Latin America: Emerging opportunities amid challenges and political instabilities.
Middle East and Africa: Diverse market, growing e-commerce, and logistical challenges.
Oceania: High internet penetration, sustainability focus, and e-commerce significance.
Phishing Protection Market by Segmentation:
Market segment by Type:
Email based Phishing
Non-email based Phishing
Market segment by Application
BFSI
Government
Healthcare
Telecommunication and IT
Transportation
Education
Retail
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Table of Contents
Executive Summary
Introduction
North America
3.1 Market Overview
3.2 Consumer Trends
3.3 Regulatory Landscape
Europe
4.1 Market Overview
4.2 Consumer Trends
4.3 Regulatory Landscape
Asia-Pacific
5.1 Market Overview
5.2 Consumer Trends
5.3 Regulatory Landscape
Latin America
6.1 Market Overview
6.2 Consumer Trends
6.3 Regulatory Landscape
Middle East and Africa
7.1 Market Overview
7.2 Consumer Trends
7.3 Regulatory Landscape
Oceania
8.1 Market Overview
8.2 Consumer Trends
8.3 Regulatory Landscape
Key Trends and Developments
Market Insights
10.1 Market Growth
10.2 Market Challenges
10.3 Market Opportunities
Conclusion
Recommendations
Appendices
13.1 Appendix A: Data Sources
13.2 Appendix B: Glossary
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