According to the most recent report by Emergen Research, the size of the worldwide Business Email Compromise (BEC) market is anticipated to reach USD 4.79 billion in 2030, with a consistent revenue CAGR of 19.4%. The prevalence of spear phishing and business email compromise scams is a key factor influencing market revenue growth. Business Email Hack (BEC), a sort of phishing scam, involves the impersonation or compromise of an executive's email account in order to deceive the victim into initiating a wire transfer or giving sensitive information. This attack typically targets people who handle confidential company information, make purchases, or have other fiduciary duties. Its main components are social engineering and spear phishing.
Some niche products and services believed to be revenue generators are also included in the report. Apart from this, a wide range of products from various segments and sub-segments expected to present greater opportunities in the Business Email Compromise industry are discussed in the document. Development of new products and substitutes that will completely transform the market dynamics over the forecast period occupies a special section in the report.
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Key Players operating in the industry are:
Proofpoint, Mimecast Services Limited, Check Point Software Technologies Ltd., Cisco Systems, Inc., Broadcom, Fortra, LLC, Trend Micro Incorporated, Zix Corporation, Barracuda Networks, Inc., and GreatHorn, Inc
Radical Features of the Business Email Compromise Market Report:
- The report encompasses Business Email Compromise market overview along with market share, demand and supply ratio, production and consumption patterns, supply chain analysis, and other ley elements
- An in-depth analysis of the different approaches and procedures undertaken by the key players to conduct business efficiently
- Offers insights into production and manufacturing value, products and services offered in the market, and fruitful information about investment strategies
- Supply chain analysis along with technological advancements offered in the report
- The report covers extensive analysis of the trends, drivers, restraints, limitations, threats, and growth opportunities in the Business Email Compromise industry
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Global Business Email Compromise Market Segmentation based on Product Types and Application Spectrum:
Offering Outlook (Revenue, USD Million; 2019–2030)
- Solutions
- Services
Deployment Mode Outlook (Revenue, USD Million; 2019–2030)
- Cloud
- On-Premises
Vertical Outlook (Revenue, USD Million; 2019–2030)
- BFSI
- Government
- IT ITES
- Energy Utilities
- Healthcare
- Retail E-Commerce
- Manufacturing
- Other Verticals
Regional Analysis Covers:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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