Business Email Compromise Market size expected to hit USD 3.96 Bn by 2029 from USD 1.15 Bn in 2022 at a CAGR of 19.3% during the forecast period

Business Email Compromise Market Overview:

The market's position over the anticipated period is analyzed and evaluated in the Business Email Compromise Market research report.This in-depth study concentrates on market share, leading segments, geographical analysis, and primary and secondary drivers. Key players, significant partnerships, mergers, and acquisitions, as well as popular innovations and business tactics, are also examined in the study.

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Business Email Compromise Market Report Scope & Research Methodology:

Since email is the first port of entry for 91 percent of cyberattacks, the business email compromise market is predicted to rise as a result of more people working remotely. The best solutions are offered by the leading businesses in the business email compromise space, including Abnormal Security, Agari, Avanan, and Barracuda Total Email Protection. These companies are predicted to grow the industry.

Business Email Compromise Market Dynamics:

The main causes of cybercrimes, which are predicted to propel the business email compromise market, are the world's rising rates of poverty and food insecurity as well as the ongoing conflicts in many nations. Additionally, people are becoming more and more desperate as a result of developed nations like the United States experiencing higher inflation, higher unemployment rates, and less stable economies. These elements are the main causes of the rise in cybercrimes, including business email compromise, and it is anticipated that they will also drive the market for business email compromise.

Business Email Compromise Market Segmentation:

by Types of Scams

1.Data Theft
2.False Invoice Scheme
3.CEO fraud
4.Lawyer Impersonation
5.Accounts Compromise

by Offering

1.Solutions
2.Services

by Deployment Mode

1.Cloud
2.On-Premise

by Applications

1.BFSI
2.Government
3.IT & ITeS
4.Energy and Utilities
5.Manufacturing
6.Retail and eCommerce
7.Healthcare
8.Other Applications

by Organization Size

1.SMEs
2.Large Enterprises

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Business Email Compromise Market Key Players:

1. Agari Inc.
2. Armorblox Incorporation
3. Abnormal Security Inc.
4. Area 1 Security Incorporation
5. Barracuda Networks Incorporation
6.Broadcom Corporation
7.Clearswift GmbH
8. Cisco Inc.
9.Check Point Inc.
10.Fortinet Corporation
11. GreatHorn Incorporation
12.Heimdal Security Solutions Company Ltd.
13. IRONSCALES
14. Mimecast Limited
15. Proofpoint Inc.
16. PhishLabs Corp.
17. Trend Micro Inc.
18.Tessian Corp.
19.Terranova Security
20.Trustifi Inc.
21.ZeroFox Company
22. Zix Corporation
23.Avanan
24. Cofense
25. Vade

Regional Insights:

A comprehensive overview of the global Business Email Compromise market is provided, incorporating both qualitative and quantitative data. The report offers market size and forecast projections for North America, Europe, Asia-Pacific, the Middle East & Africa, and South America from 2023 to 2029. The corresponding segments provide a deeper analysis of each region, emphasizing trends and opportunities.

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COVID-19 Impact Analysis:

The report delves into the post-COVID-19 development strategy, analyzing corporate strategies, landscape, types, applications, and leading countries. It provides statistical information on market dynamics, growth factors, challenges, opportunities, and forecasts, aiming to offer businesses a strategic analysis of the pandemic's impact.

Business Email Compromise Market Key Questions Answered:

• What are some of the most promising high-growth opportunities in the global Business Email Compromise market by product type and End User and Region?
• Which Business Email Compromise market segments will expand the fastest, and why?
• Which regions will develop quicker, and why?
• What are the primary elements influencing Business Email Compromise market dynamics? What are the market drivers and challenges for the Business Email Compromise market?
• What are the Business Email Compromise market's business risks and threats?

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