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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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SSC SECURITY SERVICES CORP. ANNOUNCES SHAREHOLDER APPROVAL OF PREVIOUSLY ANNOUNCED PLAN OF ARRANGEMENT

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REGINA, SK, July 22, 2026 /CNW/ — SSC Security Services Corp. (TSXV: SECU) (US: SECUF) (“SSC” or the “Company”) today announced the voting results from its special meeting of holders (the “Shareholders”) of common shares (the “Shares”) of the Company held today (the “Meeting”) in connection with the previously announced plan of arrangement under the Business Corporations Act, 2021 (Saskatchewan) (the “Arrangement”), pursuant to which Universal Protection Service, LP (the “Parent”), through its wholly-owned subsidiary, 102236724 Saskatchewan Ltd. (the “Purchaser”, and together with the Parent, “Allied Universal”), will acquire all of the issued and outstanding Shares for $4.4075 per Share in cash, and pursuant to which certain officers and directors of the Company (the “Management Purchasers”) will purchase the Company’s legacy assets and cyber security business in a management buy-out transaction (the “MBO” and collectively with the Arrangement, the “Transaction”).

The Arrangement requires (i) the approval of 66 2/3% of the votes cast by Shareholders (including the Management Purchasers) present or represented by proxy and entitled to vote at the Meeting and (ii) the approval of a simple majority (more than 50%) of the votes cast by Shareholders present or represented by proxy and entitled to vote at the Meeting, other than the Management Purchasers and any other person required to be excluded from such vote for the purpose of Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (the “Minority Shareholders”). At the Meeting, the resolution approving the Arrangement was approved by (i) 99.99% of the votes cast by Shareholders, and (ii) 99.97% of the votes cast by the Minority Shareholders.

Remaining Conditions to Completion of the Arrangement

Completion of the Transaction remains subject to the satisfaction or waiver of certain closing conditions that are set out in the arrangement agreement entered into between the Company and Allied Universal on May 26, 2026 (the “Arrangement Agreement”), including receipt of final court approval and approval of the TSX Venture Exchange. SSC intends to seek a final order (the “Final Order”) of the Court of King’s Bench for Saskatchewan to approve the Arrangement at a hearing to be held on July 27, 2026.

Subject to obtaining the Final Order and the satisfaction or waiver of the remaining conditions in the Arrangement Agreement, the Transaction is anticipated to close on July 31, 2026.

About SSC

SSC Security Services Corp. is Canada’s largest publicly traded security company. SSC acts as a public holding company investing in physical, electronic and cyber security businesses. The Company has one wholly-owned operating subsidiary: Logixx Security Inc., which provides physical, electronic and cyber security services to primarily commercial, industrial and public sector clients. The Company’s clients include federal and provincial governments, Crown corporations, and many high-profile corporate and public sector clients such as hospitals, airports, utility companies and police forces.

Forward Looking Statements

This release includes forward-looking statements concerning the future results, future performance, intentions, objectives, plans and expectations of the Company. Often, but not always, forward-looking statements can be identified by the use of words such as “plans”, “expects”, “is expected”, “estimates”, “intends”, “anticipates”, “believes” or variations of such words and phrases (including negative and grammatical variations) or state that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved. The forward-looking events and circumstances discussed in this release may not occur and could differ materially as a result of known and unknown risks, uncertainties affecting SSC, including risks regarding economic factors and the equity markets generally and many other factors beyond the control of SSC. Without limiting the generality of the foregoing, this release contains forward-looking statements pertaining to: the anticipated timing of the Transaction; receipt of required court and stock exchange approvals; satisfaction of closing conditions; and the anticipated effective date of the Arrangement. Risks and uncertainties that could cause actual results to differ materially include: failure to obtain court or stock exchange approvals; failure to satisfy closing conditions; failure of the parties to complete the Transaction for any reason, including termination of the Arrangement Agreement; legal challenges to the Arrangement; and risks and uncertainties discussed in SSC’s disclosure documents filed on SEDAR+ at www.sedarplus.ca. Forward-looking statements are not guarantees of future performance. These forward-looking statements should not be relied upon as representing the views of SSC as of any date after the date of this Release. Although SSC has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The forward-looking statements contained in this Release are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this Release are made as of the date of this Release and SSC does not undertake to publicly update such forward-looking statements to reflect new information, subsequent events or otherwise, except as required by applicable securities laws.

Neither TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

SOURCE SSC Security Services Corp.

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GMI Cloud Announces Strategic Compute Collaboration With NVIDIA

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The collaboration advances GMI Cloud’s selective partnership strategy and supports its next phase of AI infrastructure growth

MOUNTAIN VIEW, Calif., July 22, 2026 /PRNewswire/ — GMI Cloud, a leading AI-native cloud provider delivering high-performance GPU infrastructure and inference services, today announced a strategic collaboration with NVIDIA as part of its selective approach to building long-term compute partnerships.

In support of this strategy, GMI Cloud has committed $500 million in CapEx to expand its compute capabilities and serve growing customer demand. The commitment represents a significant investment in the company’s next phase of infrastructure development.

GMI Cloud has also secured nine-figure contracts with a leading U.S. frontier AI enterprise, providing a strong commercial foundation for its continued growth.

GMI Cloud is pursuing a selective partnership model centered on a limited number of strategic relationships. The collaboration builds on GMI Cloud’s continued partnership with NVIDIA and brings together long-term compute planning with contracted customer demand.

GMI Cloud is among the earliest cloud providers to adopt this new compute partnership model, marking an important step in the company’s expansion and partnership strategy.

The $500 million CapEx commitment, nine-figure customer contracts, and selective partnership strategy establish the foundation for GMI Cloud’s next stage of growth. The company is set to continue this trajectory as it expands its compute capabilities and supports the evolving needs of frontier AI customers. For more information, visit www.gmicloud.ai.

About GMI Cloud
GMI Cloud is an AI-native cloud infrastructure company powering the next generation of AI applications. The company provides high-performance GPU infrastructure, Model-as-a-Service, dedicated endpoints, and AI workload deployment solutions for developers and enterprises building production AI systems. GMI Cloud helps teams move from experimentation to production with scalable compute, flexible infrastructure, and an ecosystem built for modern AI builders. For more information visit gmicloud.ai.

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SOURCE GMI Cloud

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ROKFORM Launches Rugged Case for Samsung Galaxy Z Fold8 and Z Fold8 Ultra

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Complete foldable protection with six-foot drop rating, MAGMAX ™ magnetic grip, and RokLock ® twist-lock mounting

IRVINE, Calif., July 22, 2026 /PRNewswire/ — ROKFORM today launched its Rugged Case for the Samsung Galaxy Z Fold8 and Galaxy Z Fold8 Ultra. Built with a slim, two-piece shell design — not just a backplate — the Rugged Case delivers six-foot drop protection, full hinge coverage, and secure RokLock® mounting across both foldable models.

“Users get the full ROKFORM experience with the Rugged Case, including incredible drop protection, RokLock® mounting, and MAGMAX™ magnetic strength, all in a design built specifically around the unique needs of a foldable device,” said Jeff Whitten, ROKFORM CEO.

The two-piece shell locks together to protect the outer screen, back, and spine of the Galaxy Z Fold8. In addition, the case is engineered to guard one of the most critical and vulnerable components on foldable phones — the hinge — from drops and impacts with full hinge coverage. The case exceeds military-grade drop protection standards from six feet, with a dual-layer build and reinforced corners designed to absorb real-world impact.

ROKFORM’s patented RokLock® twist-lock system delivers rock-solid, wobble-free connection to ROKFORM’s full ecosystem of car, bike, and motorcycle mounts. Combined with MAGMAX™ magnets, which deliver 3x more holding strength over standard MagSafe® magnets, users get an ultra-secure magnetic grip for mounting and use with other accessories.

The case is compatible with ROKFORM wireless chargers and compatible wireless charging accessories.

The Rugged Case for the Samsung Galaxy Z Fold8 and Z Fold8 Ultra retails for $79.99 and will be available August 5, 2026 at rokform.com.

About ROKFORM:
Founded in 2010, ROKFORM’s small but dedicated team has bootstrapped its way to becoming a leader in the design and manufacturing of innovative consumer electronics products. It is based in Irvine, California. With nearly 20 patents, ROKFORM remains a leader in the premium active lifestyle consumer electronics niche, with innovative designs to protect and enhance the world’s mobile devices. Products are designed and shipped directly from California headquarters, and customers can visit ROKFORM’s showroom to experience them. Learn more at rokform.com.

Contact:
Haley Lush
775-204-7975
419258@email4pr.com

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SOURCE ROKFORM

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