In the 4th quarter of 2024, over 989 thousand unique phishing attacks were detected worldwide, representing a slight increase from the preceding quarter. By far, the number of unique phishing sites has seen the most significant jump between the second and the third quarters of 2020, from nearly 147 thousand to approximately 572 thousand. This figure is based on the number of the unique base URLs of the phishing sites.

Introduction

Phishing Statistics: Phishing is a kind of cyberattack in which criminals try to fool people into sharing personal information such as passwords or credit card numbers, often by pretending to be a trusted company or person through fake emails, websites, or messages. Phishing has become more common as many people use the Internet for banking, shopping, and communication.

In 2024, phishing attacks are a major threat to both individuals and businesses. Criminals are using more advanced techniques, and these attacks are costing billions of dollars globally. People need to stay aware and cautious online to avoid falling victim to these scams.

In 2024, the most common type of cybercrime reported to the United States internet Crime Complaint Center was phishing, with its variation, spoofing, affecting approximately 193,000 individuals. In addition, over 86,000 cases of extortion were reported to the IC3 during that year. Dynamic of phishing attacks Over the past few years, phishing attacks have increased significantly. In 2024, over 193,000 individuals fell victim to such attacks. The highest number of phishing scam victims since 2018 was recorded in 2021, approximately 324 thousand.Phishing attacks can take many shapes. Bulk phishing, smishing, and business e-mail compromise (BEC) are the most common types. With the recent development of generative AI, it has become easier to craft a believable phishing e-mail. This is currently among the top concerns of organizations leaders. Impact of phishing attacks Among the most targeted industries by cybercriminals are healthcare, financial, manufacturing, and education institutions. An observation carried out in the fourth quarter of 2024 found that software-as-a-service (SaaS) and webmail was most likely to encounter phishing attacks. According to the reports, almost a quarter of them stated being targeted by a phishing scam in the measured period.

In 2024, over 193,000 individuals in the United States reported encountering phishing attacks. This figure had decreased compared to the previous year, when the number of phishing attacks nationwide amounted to nearly 300,000. However, in 2020 and 2019, this number was relatively low, around 241 thousand and 114 thousand, respectively.

As of February 2024, the United States ranked first by the average cost of a data breach, 9.36 million U.S. dollars. The average cost of data breaches in the Middle East is 8.75 million U.S. dollars. Benelux followed in the ranking, with 5.9 million U.S. dollars. In the measured period, the global average data breach cost was 4.88 million U.S. dollars. Phishing scams in the U.S. Breached data often ends up in the hands of threat actors who use it for malicious purposes, including online scams. Phishing continues to be a major threat in North America, particularly on smartphones. In the second quarter of 2023, the region recorded the highest number of phishing and malicious attack attempts globally. The United States was particularly affected, with 45 percent of U.S. citizens reporting being targeted by scam texts, e-mails, and calls on a daily basis. Additionally, phishing and spoofing were the most common types of cybercrime, impacting 298 thousand individuals in 2023. These attacks led to financial losses, with U.S. victims reporting nearly 20 billion U.S. dollars in damages throughout the year. U.S. users and data privacy Despite only 20 percent of internet users in the United States being highly knowledgeable about data privacy and cybersecurity, a significant portion of users demonstrated caution and awareness in protecting their information. In fact, over half of surveyed U.S. users reported being somewhat confident in knowing the right steps to take in the event of a cyberattack. Furthermore, 43 percent of U.S. users actively decline cookies on websites, reflecting their increasing concern for data protection. Many respondents also take additional steps to safeguard their digital privacy, such as limiting or avoiding clicking on ads as well as not answering phone calls due to cybersecurity risks.

data-phishing-detection

A dataset to test methods to detect phishing emails The file data.parquet contains the dataset, 400 emails. 200 are synthetic phishing attempts and 200 are synthetic regular emails.

  Schema

input - an email, synthesized by an LLM, that is either a phishing attempt or a regular email. output - 'Yes' if the email is a phishing attempt, 'No' otherwise.

  Prompt

The prompt.md file contains a prompt that can be used with an LLM as a starting… See the full description on the dataset page: https://huggingface.co/datasets/RevaHQ/data-phishing-detection.

In 2024, users in the media production industry worldwide saw the highest number of phishing attacks. On average, the number of phishing attacks per user in this industry reached 2.91 in one year. Government organizations worldwide ranked second, with 2.8 phishing attempts received, followed by manufacturing and construction, with 1.65 attacks per user.

In 2024, the number of reported phishing attacks increased by three percent year-over-year. In 2022, this annual increase was at 28 percent. Between 2021 and 2024, the cumulative increase in the number of reported phishing attacks was 49 percent.

Phishing Protection Market Outlook

The global phishing protection market size was valued at approximately USD 900 million in 2023 and is projected to reach USD 2.4 billion by 2032, growing at a compound annual growth rate (CAGR) of 11.5% from 2024 to 2032. The growth of this market is fueled by the escalating volume and sophistication of phishing attacks, coupled with increasing awareness about cybersecurity among organizations across various industries.

One of the significant growth factors driving the phishing protection market is the increasing number of cyberattacks targeting both individuals and organizations. Phishing attacks have become more sophisticated, making it crucial for businesses to invest in advanced protection measures. The rise in spear-phishing, where attackers target specific individuals within an organization, has heightened the need for robust phishing protection solutions. Moreover, the financial and reputational damage caused by successful phishing attacks is pushing organizations to adopt comprehensive security solutions, thereby driving market growth.

Another critical factor contributing to the market's expansion is the growing regulatory landscape around data protection and cybersecurity. Governments and regulatory bodies across the globe are implementing stringent regulations to ensure data security and protect consumer information. Compliance with regulations such as GDPR in Europe, CCPA in California, and other data protection laws worldwide necessitates the deployment of advanced phishing protection solutions. Organizations must adhere to these regulations to avoid hefty fines and legal repercussions, further propelling the adoption of phishing protection services and software.

The increasing adoption of digital transformation strategies by enterprises is also a significant driver of market growth. As businesses migrate their operations to cloud platforms and adopt new technologies, they become more vulnerable to cyber threats, including phishing attacks. The shift towards remote work and the integration of Bring Your Own Device (BYOD) policies have expanded the attack surface for cybercriminals. Consequently, organizations are prioritizing investments in phishing protection solutions to safeguard their digital assets and maintain business continuity in a highly digitized environment.

In addition to phishing attacks, organizations are increasingly facing threats from credential stuffing, a type of cyberattack where attackers use automated tools to try multiple username and password combinations to gain unauthorized access to user accounts. This has led to a growing demand for Credential Stuffing Protection solutions, which are designed to detect and block such attempts. These solutions often employ advanced techniques such as behavioral analytics and machine learning to identify suspicious login activities and prevent unauthorized access. As businesses continue to digitize their operations and store sensitive data online, the need for robust Credential Stuffing Protection measures becomes even more critical. By implementing these solutions, organizations can safeguard their user accounts and maintain trust with their customers.

Regionally, North America is anticipated to dominate the phishing protection market during the forecast period, owing to the high incidence of cyberattacks and the presence of leading cybersecurity companies. Europe is also expected to witness significant growth, driven by stringent data protection regulations and increasing cyber threats. The Asia Pacific region is projected to exhibit the highest CAGR, fueled by rapid digitalization, increasing internet penetration, and growing awareness about cybersecurity threats. Latin America, the Middle East, and Africa are also expected to contribute to the market's growth, albeit at a slower pace compared to other regions.

Component Analysis

The phishing protection market is segmented by components into software and services. The software segment is expected to hold a significant share of the market, as organizations increasingly rely on advanced software solutions to detect and prevent phishing attacks. Software solutions typically include email filtering, URL filtering, and anti-phishing tools that help identify and block malicious content. Moreover, the continuous advancements in machine learning and artificial intelligence are enhancing the capabilities of phishing protection software, making them more effective in ide

Phishing Simulation Market Outlook

According to our latest research, the global phishing simulation market size reached USD 1.38 billion in 2024, and is expected to grow at a robust Compound Annual Growth Rate (CAGR) of 13.9% during the forecast period, reaching USD 4.19 billion by 2033. This remarkable growth is primarily driven by the increasing sophistication of phishing attacks, the rising awareness among organizations regarding cybersecurity threats, and the growing emphasis on employee security training. As organizations continue to digitize their operations and remote work becomes more prevalent, the need for advanced phishing simulation solutions has never been greater. The demand for comprehensive security awareness programs is further fueling market expansion, as enterprises seek to minimize the risk of data breaches and financial losses associated with phishing.

One of the most significant growth factors propelling the phishing simulation market is the increasing frequency and complexity of phishing attacks targeting organizations of all sizes. Cybercriminals are leveraging advanced tactics such as spear phishing, business email compromise, and social engineering to bypass traditional security defenses. In response, organizations are adopting phishing simulation tools to proactively test and train their employees, identifying vulnerabilities before they can be exploited. The integration of artificial intelligence and machine learning in phishing simulation platforms is further enhancing their effectiveness, enabling real-time threat detection and personalized training modules. As a result, companies are able to significantly reduce the likelihood of successful phishing attempts, which translates into substantial cost savings and improved organizational resilience.

Another crucial driver for the phishing simulation market is the increasing regulatory pressure on organizations to comply with data protection and cybersecurity standards. Regulations such as the General Data Protection Regulation (GDPR), Health Insurance Portability and Accountability Act (HIPAA), and other regional data security mandates require organizations to implement robust security awareness training programs. Phishing simulation solutions play a vital role in fulfilling these compliance requirements by providing measurable and auditable training outcomes. The growing emphasis on risk management and the need to demonstrate due diligence to regulators and stakeholders are prompting organizations across sectors such as BFSI, healthcare, and government to invest heavily in phishing simulation platforms, thereby boosting market growth.

The rapid adoption of cloud-based technologies and the proliferation of remote and hybrid work environments have also contributed significantly to the expansion of the phishing simulation market. As employees access corporate resources from various locations and devices, the attack surface for cybercriminals expands dramatically. Organizations are increasingly leveraging cloud-based phishing simulation solutions to ensure consistent training and threat assessment across distributed workforces. These platforms offer scalability, ease of deployment, and integration with existing security infrastructures, making them highly attractive to enterprises of all sizes. Furthermore, the evolution of phishing simulation tools to address mobile and social engineering threats is expanding their applicability, ensuring that organizations remain protected in an ever-changing digital landscape.

From a regional perspective, North America continues to dominate the phishing simulation market, accounting for the largest share in 2024, followed by Europe and the Asia Pacific region. The strong presence of leading cybersecurity vendors, high adoption rates of advanced security solutions, and stringent regulatory frameworks are key factors contributing to North America’s leadership. Europe is experiencing steady growth, driven by increasing investments in cybersecurity infrastructure and compliance with data protection regulations. Meanwhile, the Asia Pacific region is witnessing the fastest growth, fueled by rapid digital transformation, rising cyber threats, and an expanding base of small and medium enterprises (SMEs) seeking affordable and scalable phishing simulation solutions. Latin America and the Middle East & Africa are also emerging as promising markets, albeit at a relatively nascent stage, as organizations in these regions gradually

More than 103,400 incidents violating the security of the Polish internet were registered in 2024. Fraud, including phishing, gained considerable popularity among cybercriminals. The most common incidents were malicious software attacking the internet user and abusive content, including spam.

The dataset contains DNS records, IP-related features, WHOIS/RDAP information, information from TLS handshakes and certificates, and GeoIP information for 368,956 benign domains from Cisco Umbrella, 461,338 benign domains from the actual CESNET network traffic, 164,425 phishing domains from PhishTank and OpenPhish services, and 100,809 malware domains from various sources like ThreatFox, The Firebog, MISP threat intelligence platform, and other sources. The ground truth for the phishing dataset was double-check with the VirusTotal (VT) service. Domain names not considered malicious by VT have been removed from phishing and malware datasets. Similarly, benign domain names that were considered risky by VT have been removed from the benign datasets. The data was collected between March 2023 and July 2024. The final assessment of the data was conducted in August 2024.

The dataset is useful for cybersecurity research, e.g. statistical analysis of domain data or feature extraction for training machine learning-based classifiers, e.g. for phishing and malware website detection.

The dataset was created using software available in the associated GitHub repository nesfit/domainradar-dib.

Data Files

• The data is located in the following individual files:

  • benign_umbrella.json - data for 368,956 benign domains from Cisco Umbrella,
  • benign_cesnet.json - data for 461,338 benign domains from the CESNET network,
  • phishing.json - data for 164,425 phishing domains, and
  • malware.json - data for 100,809 malware domains.
• The schema.json file contains a JSON Schema with detailed description of the data entries.

Data Structure

Phishing, ransomware, and business malware have been the most widespread types of cyberattacks in the United States, resulting in data compromises. In 2024, 455 cases of phishing and its variations were detected. Ransomware followed in the second place, with 188 attacks.

AI-Driven Phishing Detection for Utilities Market Outlook

As per our latest research, the AI-Driven Phishing Detection for Utilities market size globally reached USD 1.37 billion in 2024, reflecting a robust demand for advanced cybersecurity solutions across the utilities sector. The market is expected to grow at a CAGR of 19.6% from 2025 to 2033, with the total market size forecasted to reach USD 6.47 billion by 2033. This remarkable growth is primarily fueled by the escalating threat landscape, the increasing sophistication of phishing attacks, and the utilities sector's critical need to protect infrastructure and sensitive customer data from evolving cyber risks.

One of the primary growth drivers for the AI-Driven Phishing Detection for Utilities market is the rapid digital transformation occurring within the utilities sector. Utilities companies, spanning electricity, water, gas, and renewable energy, are increasingly adopting digital technologies to optimize operations, improve service delivery, and enhance customer engagement. However, this digital shift has also expanded the attack surface, making utilities more vulnerable to phishing attacks targeting both employees and automated systems. The deployment of AI-powered phishing detection solutions empowers utilities to proactively identify, analyze, and neutralize phishing threats in real time, significantly reducing the risk of data breaches and operational disruptions. The integration of machine learning and natural language processing within these solutions enables continuous adaptation to emerging phishing techniques, supporting a dynamic defense posture that is essential for critical infrastructure providers.

Another significant factor contributing to market growth is the heightened regulatory scrutiny and compliance requirements imposed on the utilities sector. Governments and regulatory bodies worldwide are mandating stringent cybersecurity standards for utilities, recognizing the catastrophic potential of successful cyberattacks on national infrastructure. Compliance with frameworks such as NERC CIP, GDPR, and various national cybersecurity mandates has become imperative, compelling utilities to invest in advanced AI-driven phishing detection platforms. These solutions not only help organizations meet regulatory obligations but also provide actionable intelligence, automated incident response, and forensic capabilities, further enhancing the overall security ecosystem. The convergence of regulatory pressure and the need for operational resilience is thus accelerating the adoption of AI-driven security technologies across the utilities landscape.

The proliferation of remote work and the increasing use of mobile devices in utility operations have further amplified the need for sophisticated phishing detection mechanisms. With employees accessing sensitive systems and data from diverse locations and devices, the traditional perimeter-based security model is no longer sufficient. AI-driven phishing detection platforms offer comprehensive coverage across email, network, endpoint, and mobile vectors, ensuring that utilities can safeguard their assets regardless of where and how access occurs. These platforms leverage behavioral analytics, threat intelligence, and automated response capabilities to detect anomalies and prevent credential theft, ransomware attacks, and business email compromise schemes. As utilities continue to embrace flexible work models and digital collaboration tools, the demand for holistic, AI-powered phishing protection is poised to surge.

Regionally, North America holds the largest share of the global AI-Driven Phishing Detection for Utilities market, accounting for approximately 38% of total revenues in 2024. The region's dominance can be attributed to the presence of major utility providers, advanced digital infrastructure, and a mature cybersecurity ecosystem. Europe and Asia Pacific follow closely, with Europe benefiting from robust regulatory frameworks and Asia Pacific experiencing rapid growth due to digitalization initiatives and increasing cyber threats. Latin America and the Middle East & Africa are also witnessing steady adoption, driven by modernization efforts and the growing recognition of cybersecurity's strategic importance in utility operations. Each region presents unique challenges and opportunities, shaping the evolving landscape of AI-driven phishing detection in utilities.

According to Cognitive Market Research, the global Incident Response Market size is USD 145.2 billion in 2024 and will expand at a compound annual growth rate (CAGR) of 5.8% from 2024 to 2031. Market Dynamics of Incident Response Market

Key Drivers for Incident Response Market

Increasing frequency and sophistication of cyber attacks compel organizations to invest in robust incident response capabilities. The increasing frequency and sophistication of cyber attacks have intensified the need for organizations to bolster their incident response capabilities. Cyber threats, ranging from ransomware and phishing to advanced persistent threats (APTs), pose significant risks to data integrity, operational continuity, and customer trust. In response, businesses across industries are prioritizing proactive measures to detect, mitigate, and recover from cyber incidents swiftly and effectively. This involves investing in advanced technologies such as threat intelligence, endpoint detection and response (EDR), and Security Information and Event Management (SIEM) systems. Moreover, organizations are enhancing their incident response plans, conducting regular drills, and training staff to handle evolving cyber threats adeptly. The urgency to safeguard sensitive information and maintain operational resilience amidst growing cyber challenges underscores the critical role of robust incident response strategies in today's digital landscape.
Stringent data protection regulations globally drive demand for effective incident response solutions to ensure compliance and mitigate legal risks.

Key Restraints for Incident Response Market

Challenges in integrating diverse security tools and platforms can hinder seamless incident response operations.
Implementation and maintenance costs of comprehensive incident response solutions may pose financial constraints for organizations.

Introduction of the Incident Response Market

Incident Response refers to the systematic approach taken by organizations to address and manage security breaches, cyber threats, and data breaches promptly and effectively. It encompasses a range of strategies, technologies, and processes aimed at identifying, mitigating, and recovering from security incidents. The market for Incident Response is driven by escalating cybersecurity threats, regulatory pressures, and the increasing adoption of digital technologies across industries. As organizations face higher risks of cyber attacks and data breaches, the demand for comprehensive incident response solutions continues to grow, emphasizing proactive threat detection, rapid incident containment, and resilient recovery strategies.

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Internet Security Market Size 2024-2028

The internet security market size is forecast to increase by USD 18.63 billion at a CAGR of 8.53% between 2023 and 2028. The market is witnessing significant growth due to the increasing number of cyber threats targeting large enterprises. With the rise of digital technologies, there is a growing need for advanced network security solutions to protect against hacking, phishing, and other malicious activities. The adoption of BYOD (Bring Your Own Device) policies, remote work, and digital transactions has created new security gaps, making it essential for organizations to invest in specialized expertise and data protection systems. Managed Security Service providers (MSSPs) are gaining popularity as they offer cost-effective threat protection and digital privacy systems. The healthcare sector, in particular, is under immense pressure to secure customer healthcare records from breaches. As digital technologies continue to evolve, it is crucial for businesses to stay updated and implement strong security measures to safeguard their assets.

What will be the Size of the Market During the Forecast Period?

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The Market is a dynamic and evolving industry that focuses on protecting digital technologies, e-commerce platforms, and critical infrastructure from cyberattacks. The market encompasses various solutions such as network security, machine learning, artificial intelligence, and advanced security solutions. Digital transactions and remote work have increased the risk of digital attacks, including data breaches, phishing, malware, and hacking. Enterprise security solutions are in high demand, particularly in sectors like healthcare, where sensitive data is a priority. Cloud technologies and virtual private network have revolutionized the way businesses operate, leading to an increased focus on cloud security. The Internet of Things (IoT) has introduced new vulnerabilities, managed security service necessitating advanced security solutions.

Further, data protection is a major concern, with machine learning and artificial intelligence being used to detect and prevent cyberattacks. Certified Ethical Hacking and other cybersecurity certifications are essential for professionals in the field. Antivirus, antimalware, intrusion detection, and security information are fundamental security solutions that continue to be relevant. In conclusion, the Market is a vital industry that addresses the ever-evolving threat landscape of digital technologies such as wireless router. It offers a range of solutions to protect against digital attacks, including network security solutions, machine learning, artificial intelligence, and advanced security solutions. The market is expected to grow as businesses and individuals continue to rely on digital technologies for transactions, communication, and data storage.

Market Segmentation

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Solution

  Products
  Services


Geography

  North America

    US


  APAC

    China
    Japan


  Europe

    Germany
    UK


  South America



  Middle East and Africa

By Solution Insights

The products segment is estimated to witness significant growth during the forecast period. In the market, large enterprises are investing heavily in advanced network security solutions to mitigate cyber threats and protect digital privacy systems. The demand for security services is on the rise, particularly in sectors with significant customer healthcare records and digital transactions, such as healthcare and finance.

The adoption of digital technologies for remote work and digital transactions has exposed new security gaps, leading to an increased need for specialized expertise in threat protection. hardware security components, including firewalls and intrusion detection and prevention systems, are seeing increased sales due to their ability to secure network infrastructures. Security software, which automates and enhances network monitoring, is also gaining popularity, especially in the automotive and healthcare sectors, where easy integration with IoT applications is crucial.

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The products segment accounted for USD 19.37 billion in 2018 and showed a gradual increase during the forecast period.

Regional Insights

APAC is estimated to contribute 37% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The market in the US is witn

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Cyber Insurance Market Size 2025-2029

The cyber insurance market size is forecast to increase by USD 13.29 billion at a CAGR of 23.2% between 2024 and 2029.

The market is experiencing significant growth driven by the increasing adoption of technology and the resulting heightened risk of cyber attacks. According to recent estimates, the global cybercrime damages are projected to reach USD6 trillion annually by 2021, underscoring the urgent need for cybersecurity measures and insurance coverage. This trend is particularly prominent in regions with advanced digital economies, such as North America and Europe. However, the market's growth trajectory is not without challenges. One of the most pressing issues is the lack of standardization in cyber insurance policies, which can make it difficult for businesses to compare offerings and choose the most appropriate coverage. Additionally, the rapidly evolving threat landscape and the increasing sophistication of cybercriminals necessitate continuous innovation and adaptation from insurers to stay competitive. Companies seeking to capitalize on market opportunities and navigate these challenges effectively should prioritize building strong partnerships with technology providers, investing in advanced threat intelligence and analytics, and offering flexible and customizable policies that cater to the unique needs of their clients. By staying agile and responsive to market demands, cyber insurance providers can differentiate themselves and seize the significant growth potential in this dynamic market.

What will be the Size of the Cyber Insurance Market during the forecast period?

Request Free SampleThe market continues to experience significant growth as businesses increasingly recognize the need to mitigate risks associated with cyber threats. According to recent industry reports, The market is projected to reach substantial size by 2026, driven by the increasing adoption of cloud computing, Internet of Things (IoT), and remote working. Cyber criminals continue to target organizations through various means, including data breaches, internet-based attacks, and IoT malware. Consequently, there is a growing demand for cyber insurance policies that provide coverage against financial losses resulting from these threats. Large enterprises are leading the charge in purchasing cyber insurance, recognizing the potential financial and reputational damage that can result from a cyber attack. IT infrastructure and information policies are critical components of cybersecurity, and cyber insurance can help organizations manage risks in these areas. Virtual private networks (VPNs) and other security measures are also important considerations for businesses seeking to protect their digital assets. Cybersecurity ventures and technology companies, such as SonicWall Cyber Threat Intelligence and SonicWall Capture Labs, play a crucial role in identifying and mitigating cyber threats. Information governance and cybersecurity best practices are essential for businesses to effectively manage their cyber risk and reduce the likelihood of a breach. Overall, the market is expected to remain a dynamic and evolving sector as businesses continue to grapple with the complexities of cybersecurity in an increasingly interconnected world.

How is this Cyber Insurance Industry segmented?

The cyber insurance industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments. TypeLarge enterprisesSmall and medium-sized enterprisesSolutionStandalonePackagedGeographyNorth AmericaUSCanadaEuropeFranceGermanyItalyUKAPACChinaIndiaJapanSouth AmericaBrazilMiddle East and Africa

By Type Insights

The large enterprises segment is estimated to witness significant growth during the forecast period.Large enterprises are increasingly vulnerable to cyber threats due to their size, complex IT infrastructure, and valuable data. Cyber insurance has emerged as a crucial risk management tool for these organizations, providing financial protection against data breaches, ransomware attacks, phishing scams, and other cyber incidents. According to Munich Re experts, The market is expected to reach USD20.4 billion by 2027, driven by the growing number of cyber threats and the increasing awareness of the need for risk mitigation. Cyber criminals continue to target large enterprises, exploiting vulnerabilities in cloud computing, Internet of Things (IoT), and Operational Technology (OT) systems. In 2023, SonicWall Cyber Threat Report identified over 10 million IoT malware attacks and 1.5 billion phishing attacks. Cyber ILS, a cyber catastrophe bond, and crypto insurance services have gained popularity as additional layers of protection against cyber risks. Large enterprises are investing in AI-

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Email Security Market Size 2025-2029

The email security market size is forecast to increase by USD 6.03 billion, at a CAGR of 14.2% between 2024 and 2029.

The market is experiencing significant growth and transformation, driven by the increasing trend towards remote work and employee mobility. This shift has led to an escalating need for robust email security solutions to protect sensitive business information from cyber threats. Another key trend is the widespread adoption of cloud-based email security services, enabling organizations to benefit from scalability, flexibility, and cost savings. However, the availability of open-source email security solutions poses a challenge for market players, as they must differentiate their offerings and provide added value to compete effectively. Companies seeking to capitalize on market opportunities should focus on offering advanced threat detection and response capabilities, seamless integration with other security solutions, and user-friendly interfaces. Navigating the challenges requires a deep understanding of the evolving threat landscape and the ability to adapt quickly to new technologies and customer needs.

What will be the Size of the Email Security Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
Request Free SampleIn the ever-evolving email security landscape, entities continue to integrate various solutions to fortify their defenses against persistent threats. On-premise security, incident response, PCI DSS compliance, artificial intelligence, antivirus protection, threat modeling, penetration testing, access control, and security policy are among the essential components of a robust email security strategy. The market witnesses continuous dynamism, with advancements in areas such as spam detection, malware scanning, email authentication protocols, multi-factor authentication, email filtering, behavioral analytics, security audits, and security software. Threat intelligence, intrusion detection, security services, machine learning, data encryption, phishing prevention, email security appliances, email security gateways, business continuity, single sign-on, vulnerability management, email archiving, risk management, email encryption, hybrid cloud security, and cloud security are other critical aspects of this evolving market. As cybercriminals adopt increasingly sophisticated tactics, organizations must remain vigilant and adapt their email security strategies accordingly. Continuous threat modeling, penetration testing, and vulnerability assessments are essential to identify and address potential weaknesses. Security awareness training is also crucial to ensure that employees are equipped to recognize and respond to phishing attempts and other social engineering attacks. The integration of AI and machine learning technologies is revolutionizing email security, enabling more effective threat detection and response. However, this also presents new challenges, such as the need for robust data encryption and privacy protections. As the market continues to evolve, organizations must stay informed and adapt their strategies to stay ahead of emerging threats.

How is this Email Security Industry segmented?

The email security industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments. ApplicationBFSIGovernmentHealthcareIT and telecomOthersComponentProductsServicesDeploymentCloudOn-premisesHybridThreat TypePhishingMalwareSpamData Loss PreventionGeographyNorth AmericaUSMexicoEuropeFranceGermanyItalyUKMiddle East and AfricaUAEAPACAustraliaChinaIndiaJapanSouth KoreaSouth AmericaBrazilRest of World (ROW)

By Application Insights

The bfsi segment is estimated to witness significant growth during the forecast period.The market is witnessing significant growth, particularly in the Banking, Financial Services, and Insurance (BFSI) sector. With the increasing use of digital technologies like cloud computing, mobile banking, and internet banking, financial institutions are becoming prime targets for sophisticated cyber threats such as phishing, ransomware, and business email compromise (BEC). Email security solutions are essential to protect sensitive financial data and maintain customer trust. Advanced measures like encryption, multi-factor authentication (MFA), and AI-driven threat detection systems are being adopted to safeguard communication channels. Email security appliances and gateways, security software, and security services are crucial components of these solutions. Threat intelligence, machine learning, and behavioral analytics are integral to proactively identifying and mitigating potential threats.