Business Email Compromise Market's Meteoric Rise Predicted by 2029

A Business Email Compromise (BEC) is a type of cybercrime where phishers use emails to trick individuals into sending money and leaking of confidential company information.

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 Report Overview:

Maximize Market Research is pleased to announce the release of its latest comprehensive report, providing a detailed analysis of the current state of the global Business Email Compromise Market. The report delves into the present market scenario, past performance, production and consumption rates, demand and supply ratios, and income generation forecasts.

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Business Email Compromise Market Report Scope and Research Methodology:

A sort of cybercrime known as a Business Email Compromise (BEC) occurs when phishers use emails to mislead people into sending money or divulging private company information. 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. 

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 wealthy nations like the United States experiencing rising inflation, higher unemployment rates, and less stable economies.

Business Email Compromise Market Regional Insights:

The regional analysis in the report unveils insights into the Business Email Compromise Market across various countries, examining political, geographic, and buying behavior factors influencing the market. Details on market size, growth rate, and import-export activities in all regions are elucidated.

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

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

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Business Email Compromise Market Key Questions Answered:

  • What is the forecast period?
  • What is the expected Business Email Compromise Market size by the end of the forecast period?
  • Which segment held the largest Business Email Compromise Market share in 2022?
  • Which segment is expected to grow at a high CAGR during the forecast period?
  • Which Business Email Compromise Market segment is expected to grow at a high rate during the forecast period?
  • What is the expected Business Email Compromise Market size by 2029?
  • What are the main factors driving the growth of the Business Email Compromise Market?
  • Which region has the largest Business Email Compromise Market share?
  • What is the expected CAGR of the Business Email Compromise Market during the forecast period?
  • Who are the Business Email Compromise Market key players in the industry?

Business Email Compromise Market Key Offerings:

  • Detailed Market Overview
  • Market Share
  • Market Size
  • Market Forecast by Revenue
  • Market Dynamics (Growth drivers, Restraints, Investment Opportunities, and key trends)
  • Market Segmentation (Detailed analysis of each segment and their sub-segments)
  • Competitive Landscape (Leading key players and other prominent key players)

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