According to the recent study the business email compromise (BEC) market is projected to reach an estimated $XX billion by 2028 from $XX billion in 2023, at a CAGR of 19% to 21% from 2023 to 2028. Growth in this market is primarily driven by increased use of mobile devices, increased regulatory compliances on the use of emails, internet penetration, and cloud deployment models.

Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in business email compromise (BEC) market by offering (solutions and services), deployment model (cloud and on-premises), organization size (SMEs and large enterprises), end use industry (BFSI, government, IT & ITeS, energy and utilities, retail and ecommerce, manufacturing, healthcare, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).

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“Cloud market is expected to remain the largest segment during the forecast period.”

Based on deployment model, the business email compromise (BEC) market is segmented into cloud and on-premises. Lucintel forecasts that the cloud market is expected to remain the largest segment due to increasing adoption of cloud email services.

“Within the business email compromise (BEC) market, the BFSI segment is expected to remain the largest end use industry”

Based on end use industry the BFSI segment is expected to witness the highest growth over the forecast period due to increasing need for BEC solutions. SEC scams are common in finance sector due to high frequency and large sums of money transferred between organizations.

“North America will dominate the business email compromise (BEC) market in near future”

North America will remain the largest region due to the presence of the largest number of BEC solutions vendors and increasing BEC related crimes in countries of this region.

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Major players of business email compromise (BEC) market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Proofpoint, Mimecast, Check Point, Cisco, Broadcom, Agari, Trend Micro, Barracuda Networks, Clearswift, and Fortinet are among the major business email compromise (BEC) providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/business-email-compromise-market.aspx or [email protected]