The overall cloud business email market should get a market worth of nearly USD 2.15 Bn, increasing at a CAGR of 10.4% during the guess time span from 2017 to 2027.
The cloud business email market in North America is ready to exploit the imaginative developments in the area and climb as the best regional market considering pay obligation to the general market. Two or three affiliations have begun finishing the G-suite with add-on artificial intelligence highlights to give further developed transport of large business email in a proposition to draw in buyers.
As a result of the creation of bleeding edge and essential developments that are driving the improvement of the overall market, the IT business is experiencing basic overall change. The methodology of the cloud in various highlights of business has assisted relationship by they way they with taking care of routine business tasks, including corporate email courses of action. The IT business in North America is a significant part of the time the first to see such specific movements, making the central area the point of convergence, things being what they are.
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Monetary establishments all through Europe have embraced facilitated cloud benefits rapidly lately to guarantee speedy conveyance of monetary administrations with an end goal to meet moving client and industry requests with expanded proficiency and substantially less security risk. This is all assisting the cloud business with emailing industry in Europe fill regarding income.
Western Europe and North America would essentially be higher development markets in the global cloud business email market after APEJ. While APEJ will record incremental prospects of US$ 823.2 Million over the evaluation period, the Western Europe market will show stable incremental prospects of US$ 498.5 Million.
Key Takeaways from Market Study
The solution provider is incessantly centering on carrying out the G suite with add-on AI features to provide enhanced delivery of enterprise email in an offer to pull in users. Illegal intrusions, increasing cyber threats, and data security issues, which is the foremost challenge for the worldwide market. The mainframe, UNIX, Linux, Windows, and others, these are functioning environment catered for the market. The rising acceptance of BYOD technology in business enterprises is a foremost prospect for the worldwide market.
Increasing Adoption of Cloud Business Email Solution amid the COVID-19 Pandemic outbreak
Nowadays, the COVID-19 crisis around the world showed that several organizations need to ensure they can work from anywhere, anytime, and creating greater urgency to adopting all forms of cloud. During this COVID-19 crisis, office-based employees have become remote workers.
Cybercriminals can take advantage of distracted employee web browsing behavior and email behavior. As a result of COVID-19, Cybercriminals are also taking advantage of extensive discussion of the outbreak in cloud business emails and across the web.
There continues steady growth in the number of COVID-19-related spear-phishing attacks, up 67% since the end of March. Increasing adoption of cloud business email solution with artificial intelligence to detect signs of malicious intent and deception with every email.
Increasing Demand of Hosted Cloud Services by Financial Institutions
Financial institutions across the globe have been quick in the adoption of hosted cloud services across public clouds to ensure speedy delivery of financial services in a bid to meet changing industry and customer demands with more efficiency and greater ease of security concerns. This is significantly adding to the revenue growth of the cloud business email market.
Key Players :
Prominent companies in the cloud business email market includes Microsoft Corporation, IBM Corporation, Google Inc., Micro Focus International Plc., NEC Corporation, Amazon Web Services, Inc., Hitachi, J2 Global Inc., Fujitsu, and among others.
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More Valuable Insights on Cloud Business Email Market
FMI's report on the cloud business email market is segmented into three major sections such as operating environment (windows, Linux, Unix, Mainframe, and others), verticals (BFSI, healthcare, media & entertainment, IT & telecom, energy & power, automotive, consumer goods & retail, and others), and region to help readers understand and lucrative evaluate opportunities in the cloud business email market.
Cloud Business Email Market: Segmentation
The global Cloud Business Email market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to readers.
By Operating Environment:
- Media & Entertainment
- IT & Telecom
- Energy & Power
- Consumer Goods & Retail
- North America
- Latin America
- East Asia
- South Asia & Pacific
- Middle East & Africa
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Table of Content
1.1. Global Market Outlook
1.2. Demand Side Trends
1.3. Supply Side Trends
1.4. Analysis and Recommendations
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3.1. Market Analysis by Tier of Companies
3.2. Market Concentration
3.3. Market Share Analysis of Top Players
3.4. Market Presence Analysis
3.4.1. Regional Footprint by Players
3.4.2. Product Footprint by Players
3.4.3. Channel Footprint by Players
4.1. Historical Market Value (US$ Mn) Analysis, 2015-2019
4.2. Current and Future Market Value (US$ Mn) Projections, 2020-2030
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5.1. Macro-Economic Factors
5.1.1. Global GDP Growth Outlook
5.1.2. Global ICT Spending Outlook
To Continue TOC...
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