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.
The report is updated with the latest economic scenario and market scope with regard to the ongoing COVID-19 pandemic. The report covers growth prospects as well as current and futuristic revenue estimations in a post COVID scenario. The report also covers changing trends and market dynamics due to the pandemic and provides an accurate impact analysis of the crisis on the overall market. The pandemic has changed the economic scenario of the world and has affected several sectors of the market. The report estimates the market for Business Email Compromise according to the impact of COVID-19.
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The leading market contenders listed in the report 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
Key reasons to buy the Global Business Email Compromise Market report:
- The latest report comprehensively studies the global Business Email Compromise market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
- The report offers an insightful analysis of the regional outlook of the market.
- It offers a detailed account of the end-use applications of the products services offered by this industry.
- The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.
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Market Segmentations of the Business Email Compromise Market
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
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Regional Outlook of the Business Email Compromise Market
The global Business Email Compromise market has been categorized into several important geographical regions, including North America, Europe, Asia Pacific, Latin America, and Middle East Africa. In this section, authors of the report have studied the presence of the global Business Email Compromise market across major geographies. Moreover, the estimated market share, market size, revenue contribution, sales network and distribution channel, and other crucial elements of each regional segment have been detailed in the report.
Key reasons to buy the Global Business Email Compromise Market report:
- The latest report comprehensively studies the global Business Email Compromise market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
- The report offers an insightful analysis of the regional outlook of the market.
- It offers a detailed account of the end-use applications of the products services offered by this industry.
- The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.
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