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Email Security Market to grow by USD 5.17 billion from 2024-2028, driven by employee mobility and AI-powered market evolution–Technavio

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NEW YORK, Sept. 25, 2024 /PRNewswire/ — Report on how AI is driving market transformation- The global email security market  size is estimated to grow by USD 5169.7 mn from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  13.64%  during the forecast period.  Increase in employee mobility is driving market growth, with a trend towards adoption of cloud-based solutions. However, availability of open-source solutions  poses a challenge. Key market players include Barracuda Networks Inc., Check Point Software Technologies Ltd., Cisco Systems Inc., cryptzone.no AS, Dell Technologies Inc., Egress Software Technologies Ltd., Entrust Corp., Fortinet Inc., McAfee LLC, Microsoft Corp., Mimecast Ltd., Musarubra US LLC, OpenText Corp., Proofpoint Inc., Proton AG, SAP SE, Sophos Ltd., Trend Micro Inc., Trustifi LLC, and WatchGuard Technologies Inc..

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Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Application (On premise and Cloud based), Product (Products and Services), and Geography (North America, APAC, Europe, South America, and Middle East and Africa)

Region Covered

North America, APAC, Europe, South America, and Middle East and Africa

Key companies profiled

Barracuda Networks Inc., Check Point Software Technologies Ltd., Cisco Systems Inc., cryptzone.no AS, Dell Technologies Inc., Egress Software Technologies Ltd., Entrust Corp., Fortinet Inc., McAfee LLC, Microsoft Corp., Mimecast Ltd., Musarubra US LLC, OpenText Corp., Proofpoint Inc., Proton AG, SAP SE, Sophos Ltd., Trend Micro Inc., Trustifi LLC, and WatchGuard Technologies Inc.

Key Market Trends Fueling Growth

Major industries such as financial institutions, healthcare, and government organizations are increasingly adopting cloud-based email security solutions due to their centralized data management capabilities. These solutions enable employees to access emails from anywhere, reducing geographical constraints. They also offer a lower cost of ownership and the ability to handle growing data volumes. Cloud-based email security solutions ensure data availability and scalability on demand, addressing concerns over data loss and complexity. As a result, the global email security market is expected to grow significantly during the forecast period, driven by the adoption of these solutions by businesses worldwide. 

Email security is a critical concern for businesses as the volume of mails and associated threats continue to grow. Cyber threats such as viruses, account hacking, and social spam pose significant risks to organizations. Email security solutions are essential to safeguard IT infrastructures, including networks and endpoints. Technological growth and BYOD adoption have led to functional issues, necessitating email security arrangements. Providers offer various solutions, including cloud-based and on-premise options. Adoption of email security solutions varies among industries and organization sizes. Large enterprises in sectors like healthcare and telecom face more severe attacks, necessitating substantial investments in email security. Integration with other security solutions, support & maintenance, training & education, and fraud protection are key considerations. Traditional ways of securing emails are no longer sufficient. IT professionals must stay updated on the latest cybersecurity trends and threats to ensure productivity and workforce protection. A value chain analysis of email security solutions can help organizations make informed decisions based on their specific needs and industry verticals. Deployment and size of organization also influence the choice of email security solutions. 

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Market Challenges

The email security market is experiencing a shift towards open-source solutions due to their affordability and accessibility. Open-source email security solutions, such as MailScanner and Proxmox Mail Gateway, have gained popularity among Small and Medium Enterprises (SMEs) and individual users with limited financial resources. These solutions offer effective email security without requiring significant capital investments. While the presence of open-source options may reduce the overall revenue in the global email security market, they provide an essential service to businesses that cannot afford expensive, proprietary solutions. Open-source email security solutions can be downloaded and run on various platforms, making them a versatile and cost-effective choice for businesses.Email security is a critical business challenge, with functional issues and various attacks posing threats to productivity and cybersecurity. Providers offer cloud-based solutions to help mitigate risks, but the workforce’s lack of awareness and insufficient security arrangements can lead to severe consequences. Traditional ways of securing emails through on-premise IT systems are being surpassed by advanced attacks like fraud protection, account hacking, social spam, and stealing credits. Size of organization and industry vertical play a role in determining the severity of email threats. Healthcare, telecom, retail, energy & utilities, manufacturing, government, and other industries face unique challenges. Solutions include fraud protection, account security, and spam filtering. Investments in email security are essential for large enterprises, with support & maintenance, training & education, and expert services ensuring effective deployment. Cybersecurity professionals must analyze the value chain to identify potential vulnerabilities and ensure compliance with security standards. Solutions should provide fraud protection, account security, and social spam filtering, along with support, maintenance, training, and expert services. Cloud-based email security solutions offer scalability and flexibility, making them an attractive option for businesses of all sizes.

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Segment Overview 

This email security market report extensively covers market segmentation by

Application 1.1 On premise1.2 Cloud basedProduct 2.1 Products2.2 ServicesGeography 3.1 North America3.2 APAC3.3 Europe3.4 South America3.5 Middle East and Africa

1.1 On premise-  Email security is a critical business concern, with cyber threats continuously evolving. Effective email security solutions protect against phishing attacks, malware, and data breaches. They offer features like spam filtering, encryption, and email authentication. Implementing email security measures safeguards your business communications and data, ensuring business continuity and customer trust.

Download complimentary Sample Report to gain insights into AI’s impact on market dynamics, emerging trends, and future opportunities- including forecast (2024-2028) and historic data (2018 – 2022) 

Research Analysis

Subject: Fortify Your Email Security: Protect Your Organization from Cyber Threats Body: Email security is a critical aspect of IT security, safeguarding your organization’s digital communication against viruses, cyber attacks, and other threats. With the technological growth and increasing BYOD adoption, the number of mails and accounts under management has soared, making email security more essential than ever. Cybercriminals often exploit email vulnerabilities to launch attacks, putting your organization’s productivity and data at risk. Network security and endpoint protection are essential, but email security goes beyond that. Integration with other security solutions is crucial for a comprehensive cybersecurity strategy. Cloud-based email services offer convenience but also introduce new challenges. Adoption of email security providers ensures compliance with security standards and mitigates the severity of potential attacks. Stay informed about the latest threats and trends to keep your workforce secure and maintain a email security posture.

Market Research Overview

Email security is a critical aspect of IT security for organizations of all sizes and industries, as the volume of business emails and the sophistication of cyber threats continue to grow. Emails remain a primary vector for viruses, malware, phishing attacks, and other cyber threats. The adoption of email security solutions has become essential to safeguard mails and accounts from unauthorized access, data breaches, and productivity losses. Technological growth and the BYOD trend have led to the integration of email security with network security, endpoint protection, and cloud solutions. Functional issues, such as fraud protection against account hacking, credit card stealing, social spam, and phishing attacks, are major concerns. Value chain analysis reveals that email security providers offer various solutions, including deployment models like on-premise and cloud, support & maintenance, training & education, and industry-specific solutions for sectors like healthcare, telecom, retail, energy & utilities, manufacturing, government, and more. The severity of email security threats necessitates significant investments in security standards and arrangements. Professionals in IT and cybersecurity are increasingly focusing on advanced email security solutions to protect workloads and maintain productivity. The traditional way of relying on basic filters and firewalls is no longer sufficient, as cybercriminals continue to evolve their tactics.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ApplicationOn PremiseCloud BasedProductProductsServicesGeographyNorth AmericaAPACEuropeSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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China’s Long March: The Journey Goes On

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October 21, 2026

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MACAO, Oct. 21, 2026 /PRNewswire/ — This is a report from Xinhua News Agency:

There is a chapter of history every Chinese child learns in school.

There is a poem that generations of Chinese people have learned by heart.

There is a song millions can sing from its very first notes.

In stories, in verses, in melodies, they all point to the same chapter of history: the Long March.

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SOURCE Xinhua News Agency

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Target Makes it Easier for Guests to Discover Stylish Holiday Gifts They Can’t Wait to Give

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October 21, 2026

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Target is offering more than 8,000 new gifts, with more than half exclusive to the retailerMost new holiday items at Target are $20 or less, including thousands $5 and underNew AI-powered shopping experiences, daily deals and early Black Friday savings simplify gifting

MINNEAPOLIS, Oct 21, 2026 /PRNewswire/ — Target Corporation (NYSE: TGT) is putting gifting at the heart of the holidays, bringing guests more than 8,000 new stylish gifts they can’t wait to give. More than half of the new assortment is available only at Target, with thousands of gifts priced at $5 and under. New AI-powered shopping experiences, fresh ways to discover gifts and deals throughout the season will make it easier for guests to find something special for everyone on the list.

“This holiday season, guests will see and feel the changes we’ve been making across Target, bringing together the style, design and value they expect from us with an experience that makes shopping easier and more inspiring,” said Michael Fiddelke, chief executive officer, Target. “We know guests turn to Target for gifting, gathering and everything in between, and our team is ready to help busy families discover more joy in those moments throughout the season.”

Stylish gifts at an incredible value
As consumers continue to look for affordable ways to give gifts that feel special, Target is leaning into one of the season’s biggest trends: luxe-for-less gifting. This year’s assortment includes 100% cashmere (excluding functional trim) starting at $25, pajamas for all from $10, festive decor from $5, faux fur throws at $30, top toys from LEGO, Barbie and Nintendo, new and exclusive gifts from prestige, emerging and global beauty brands at Target Beauty Studio, nostalgic sweet treats and host gifts from Favorite Day and exclusive finds for sports and wellness fans, making it easy for guests to find gifts that feel elevated at every price point.

“Guests tell us they want to give gifts that are thoughtful and personal, while feeling good about what they’re spending,” said Cara Sylvester, executive vice president and chief merchandising officer, Target. “That’s why we’ve brought together the brands they love, exciting trends and unexpected finds they won’t see anywhere else — all at prices that make it easier to get that ‘I can’t wait to give this’ gift.”

More ways to discover the perfect gift
New this season, Ask Target, an AI-powered shopping assistant available in beta on Target.com and the Target app, helps guests find inspiration, narrow their choices and shop with confidence and ease. Additional AI-powered features and a digital holiday kids catalog offer more ways to discover gifts for everyone on the list.

Target’s new Academy of Giftology holiday marketing campaign, launching in November, will tackle familiar gifting dilemmas with playful inspiration to help guests gift it their all and find gifts they’ll be excited to give.

More ways to save, from the first gift to the last
Beginning Nov. 1, guests can shop a new Deal of the Day every day through Dec. 24, with a first-ever one-day preview of upcoming offers to help them plan ahead. Early Black Friday deals run Nov. 5–7, followed by new limited-time offers every weekend throughout the holiday season.

The joy of gift giving
Through Target’s partnership with St. Jude Children’s Research Hospital, guests can give a gift that helps give back with the Gigglescape St. Jude bear, with a donation tied to each purchase while supplies last.

About Target
Target Corporation (NYSE: TGT) brings together style, design and value to offer a distinct assortment and elevated shopping experience across more than 2,000 U.S. stores and online. Powered by more than 400,000 team members, Target serves millions of families each week and invests in the communities where they live and work to support growth and opportunity for all.

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SOURCE Target Corporation

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illumend CEO: Building a COI Tracker with AI Is Easy. Verifying Insurance Compliance Is Not.

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October 21, 2026

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Kristen Nunery warns that homegrown Certificate of Insurance tracking tools can create a false sense of security when businesses mistake collecting insurance documents for verifying coverage and compliance

INDIANAPOLIS, Oct. 21, 2026 /PRNewswire/ — As general-purpose artificial intelligence (AI) makes it easier for businesses to build their own software, Kristen Nunery, founder and CEO of illumend, is warning construction and property management companies against a costly misconception: that building a Certificate of Insurance (COI) tracking system is the same as verifying that contractors and other third parties have the insurance coverage their contracts require.

In her new article, “You Can Build a COI Tracker with AI. That Doesn’t Mean You Should,” Nunery explains that general-purpose AI tools such as ChatGPT can help businesses create applications that collect certificates, track expiration dates, and automate reminders. But those capabilities address only part of the insurance compliance process. Determining whether coverage satisfies contractual requirements involves interpreting insurance documents, reviewing endorsements, identifying exclusions and resolving discrepancies that basic tracking software may overlook.

“AI has democratized the ability to build software. It hasn’t democratized the expertise to make the right insurance decision,” said Nunery, who has spent 16 years in insurance compliance. “If you don’t have a compliance process today, you’re not automating a process. You’re automating your best guess.”

Why a COI Tracker Is Not an Insurance Compliance Verification System

According to Nunery, the critical distinction is between tracking the existence and expiration of insurance documents and verifying whether the underlying coverage meets contractual obligations.

A homegrown COI tracker may confirm that a certificate is current, record policy limits, and flag missing documents. But a current certificate does not necessarily mean a contractor is adequately insured or compliant with an agreement’s terms.

For example, a subcontractor may submit a certificate showing sufficient general liability limits and additional insured status. Yet the underlying endorsement may be a CG 20 10 covering ongoing operations only, while the contract also requires completed-operations coverage under a CG 20 37 or equivalent endorsement. A basic tracker could mark the subcontractor as compliant despite the missing coverage.

“The tracker didn’t misread anything,” Nunery said. “It never had the contract requirement, the endorsement language, or the connection between the two.”

Other potential gaps include incorrectly named insured entities, missing endorsements, inadequate completed-operations coverage, and policy provisions that fail to satisfy contractual insurance requirements. Identifying these issues requires evaluating insurance evidence in context, not simply extracting data from a certificate.

Why Insurance Compliance Verification Requires Specialized Technology

Nunery argues that businesses seeking to move beyond basic COI tracking need technology designed specifically for insurance compliance verification, with insurance expertise embedded in how the system evaluates coverage.

Unlike homegrown tracking tools, specialized compliance platforms such as illumend compare insurance documents against established contractual requirements, examine supporting endorsements, identify coverage gaps, and explain findings that require attention.

This approach powers Lumie, illumend’s specialized AI-powered insurance compliance expert. Lumie reviews certificates and endorsements against established requirements, flags potential deficiencies and provides supporting evidence for its determinations, while allowing compliance professionals to review and resolve exceptions.

“AI should do more than flag a problem. It should show you what it found, which requirement it evaluated, and the evidence behind its assessment,” Nunery said. “Lumie applies insurance expertise at scale and creates a clear record of its findings, so teams can act on routine determinations efficiently and focus their attention on exceptions that need a closer look.”

Nunery’s perspective draws on her experience building myCOI, whose technology has reviewed more than 45 million insurance documents and identified more than 2 million coverage gaps before they became claims, according to company figures.

Build a COI Tracker or Buy a Compliance Platform? The Questions Businesses Should Ask

For organizations considering building their own COI software, Nunery recommends first determining whether they need a document-tracking application or a comprehensive insurance compliance verification system.

Basic tracking needs may be addressed with spreadsheets, conventional software, or applications built with general-purpose AI. But verifying compliance requires substantially more: translating contractual insurance requirements into rules, reviewing endorsements and policy evidence, identifying exceptions, documenting decisions, and maintaining an auditable compliance process.

Businesses must also consider who will keep insurance requirements current, validate the system’s determinations, investigate discrepancies, and maintain the records needed to support compliance decisions during claims or audits.

“Building the software happens once,” Nunery said. “Running a compliance system means keeping requirements, evidence, follow-ups, decisions and the audit trail current, every day it’s in use.”

To read Nunery’s full article, visit https://www.illumend.ai/evaluation-buying/build-vs-buy-coi-tracking-software-ai

About illumend
Founded in 2025, illumend™ is the AI-powered platform redefining how businesses manage third-party insurance compliance and risk. Backed by myCOI, the leader in third-party insurance compliance management with more than 16 years of expertise, illumend reimagines compliance by guiding every step of the process—from document review and expiration tracking to risk flagging, communication, and resolution—within one intuitive system. Built on myCOI’s institutional foundation—having processed more than 45 million documents, managed over 1.2 million agreements, cleared more than 750,000 third-party partners, and identified more than two million coverage gaps before claims—illumend brings this depth of compliance intelligence into an AI-native platform. At its core is Lumie, illumend’s conversational AI guide that reads complex insurance documents, flags issues in real time, and explains them in language anyone can act on. To learn more, visit https://www.illumend.ai.

Media contact:
Michael Tebo
Gabriel Marketing Group (for illumend)
Phone: 571-835-8775
Email: michaelt@gabrielmarketing.com

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SOURCE illumend

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