The report presents an in-depth analysis of key growth drivers and trends that are likely to impact the market in upcoming years. With the adoption of cloud computing and artificial intelligence, the technology industry is expected to witness a healthy growth over the forecast period. Increasing competitive pressure and advanced digital transformation in the area of data analytics and artificial intelligence are likely to improve the growth outlook for the Email Applications market in the upcoming decade.
According to the FMI’s report, Changes in consumer behavior, robust product innovations, and expanding distribution networks continue to influence growth of the Email Applications market. FMI’s analysts rely on unique research methods and comprehensive data study of the current and upcoming trends of the Email Applications market report and gather data from a wide range of primary and secondary sources.
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Email application is primarily used for exchanging mails; however, it does include various features such as calendar, task manager, contact manager, note taking, journal, and web browsing. In addition, these applications are also used as standalone applications and can function with some exchange servers for multiple users in an organization. This can facilitate shared mailboxes and calendars, SharePoint lists, meeting schedules and exchange public folders. Nowadays, the on-premises sub-segment dominates in terms of market share of the global email applications market, but with the growing popularity of email applications on cloud based platforms, this sub segment is expected to lose market share significantly during the forecast period.
The value of the global email applications market is anticipated to witness a CAGR of 5.2% during the forecast period of 2020-2030.
Key Takeaways of Email Applications Market Study
- Among the deployment segment, the pubic cloud sub-segment is expected to witness a high growth rate during the forecast period, due to the flexibility and convenience offered by cloud applications.
- East Asia is expected to create lucrative growth opportunities for players in the email applications market, owing to increasing penetration of email application to manage business connections and profile on social networking websites in the countries of this region.
During the COVID-19 crisis, remote working brings productivity challenges and new security risks. Cybercriminals can take advantage of distracted employee email behavior and web browsing behavior. Secure remote workers from the rising volume of COVID-19-themed email threats that impersonate organizations like World health organization (WHO) and centers for disease control and prevention (CDC). According to a leading IT security company Barracuda Networks, there has been a surge in spear-phishing email attacks since January 2020, where they detected more than 9000 phishing emails linked to COVID-19 financial donation subjects, alone in the month of March 2020.
More Valuable Insights on Email Applications Market
FMI’s report on the email applications market is segmented into two major sections such as deployment type (public cloud, and on premises), and region to help readers understand and lucrative evaluate opportunities in the email applications market.
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Why Buy FMI’s Report?
- Extensive analysis on key trends and opportunities on the industries ongoing trends in different regions across the globe
- All-inclusive assessment on recent technological advancements and forecast of the upcoming decade
- A comparative analysis of leading players and emerging players in the Email Applications market
- Reliable information on new product launches, organic and inorganic strategies, and more
- Valuable insights on the impact of regulatory framework on the global Email Applications market