The global email encryption market is expected to experience a 21.3% CAGR from 2023 to 2028, growing from $6.2 billion to $16.3 billion. This growth is attributed to a rise in email data breaches, Business Email Compromise fraud, stringent regulations, and improved data protection standards. The services segment should see the highest CAGR, while financial institutions may have the largest market size. Asia-Pacific is projected to display the highest growth.
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