BEC Defense Market Growth Opportunities, Industry Revenue, Sales, Size And Forecast 2030 with Proofpoint, Mimecast, Check Point

PRESS RELEASE
Published September 7, 2023

“BEC Defense Market” In this report, thorough SWOT analysis & investment analysis is provided which forecasts imminent opportunities for the BEC Defense Market players shared by Infinitybusinessinsights.com. This report will help the viewer in Better Decision Making.

BEC Defense Market is a segment of the cybersecurity market that provides solutions to protect businesses from business email compromise (BEC) attacks. BEC attacks are a type of phishing attack in which the attacker impersonates a legitimate sender, such as a CEO or CFO, to trick the recipient into sending money or revealing sensitive information. The BEC Defense Market is projected to reach USD 1.6 billion by 2027, growing at a CAGR of 12.5% from 2022-2027.

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The Key companies profiled in the BEC Defense Market:
The study examines the BEC Defense Market’s competitive landscape and includes data on Proofpoint, Mimecast, Check Point, Cisco, Broadcom, Agari, Trend Micro, GreatHorn, IRONSCALES, Clearswift, Fortinet, Tessian, Terranova Security, ZeroFox, Heimdal Security, PhishLabs, Redscan, 360 Security Technology Inc, Shanghai Qingyu Computer Technology Co., Ltd, KOAL Co.,Ltd, Cellopoint, OLYM Co.,Ltd, Coremail Hongkong Company Limited, Guangzhou TurboEx Software Technology Co., Ltd & Others.

Global BEC Defense Market Split by Product Type and Applications

This report segments the BEC Defense Market on the basis of Types:
Cloud
On-premises

On the basis of Application, the BEC Defense Market is segmented into:
Finance
Government
Medical
Industrial

Increased sophistication of BEC attacks, the use of AI and machine learning technologies, employee awareness and training, better email authentication protocols like DMARC, integration with email security solutions, and increased cooperation with law enforcement agencies are just a few trends the BEC defence market is witnessing. These developments are meant to strengthen law enforcement agency and cybersecurity vendor cooperation, email security, and the detection and blocking of complex BEC assaults. Organisations may strengthen their defences against BEC assaults and pursue legal action against the cybercriminals responsible for these attacks by concentrating on these technologies.

Regional analysis:
The BEC defense market is experiencing growth across various regions, with North America leading in adoption due to advanced cybersecurity solutions and major vendors. Europe is also a prominent market, driven by data security concerns and government regulations. The Asia Pacific region is experiencing rapid growth due to cyber attacks, technology adoption, and digital transformation initiatives. Latin America is emerging as a promising market, driven by digital technologies and cybersecurity threats. The Middle East and Africa are also experiencing steady growth, driven by digitization, cloud-based solutions, and protecting critical infrastructure. Overall, the BEC defense market is experiencing global growth, with North America and Europe leading in adoption.

BEC Defense Market Key trend:

  • AI and Machine Learning Integration: BEC attacks are becoming more sophisticated, and defense mechanisms are incorporating artificial intelligence and machine learning to analyze email patterns and identify anomalies. This proactive approach can help prevent BEC attacks before they occur.
  • Behavioral Analysis: BEC defense systems are increasingly focusing on analyzing the behavior of email users to detect unusual patterns or requests, such as sudden changes in email communication style or unusual financial transactions.
  • Continuous Adaptation: Cybercriminals constantly adapt their tactics, and as a result, BEC defense strategies must remain dynamic and adaptable. Regular assessments and updates to defense mechanisms are essential to stay effective.

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Segment Analysis:
BEC Defense Market is split by Type and by Application. For the period 2017-2030, the growth among segments provides accurate calculations and forecasts for revenue by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.

The BEC Defense Market research methodology involves data collection, market segmentation, data analysis, market forecasting, validation and verification, and report writing. Data collection involves primary and secondary sources, such as interviews with industry experts, vendors, and end-users. Market segmentation is based on factors like geography, organization size, industry verticals, and BEC defense solutions. Data analysis involves quantitative and qualitative techniques, such as market sizing, trend analysis, and SWOT analysis. Market forecasting estimates future growth and potential, while validation and verification involve cross-referencing data with other sources and discussions with industry experts. A comprehensive report is compiled, including an executive summary, introduction, methodology, data analysis, market segmentation, market forecast, competitive analysis, and recommendations. The research methodology may vary depending on the study’s goals, resources, and analysis depth.

The years examined in this study are the following to estimate the BEC Defense Market size:
History Year: 2017-2021
Base Year: 2022
Estimated Year: 2023
Forecast Year: 2023 to 2030

Cumulative Impact of COVID-19 on Market:
Because of the COVID-19 pandemic, enterprises all over the world are adopting a remote work culture, which presents new challenges for suppliers. The main difficulty is keeping up with the current developments in ever changing authoritative societies. In any event, following the pandemic, there has been an increase in cloud reception, preparing for the need for dangerous security procedures.

Frequently Asked Questions
1.What is the Research Methodology
2.Holistic View of the BEC Defense market
3.What are the Market Trends
4.Do you cover upcoming players of the market?

Table of Contents:
Chapter 1: Global BEC Defense Market Overview

Chapter 2: Economic Impact on Industry

Chapter 3: Market Competition by Manufacturers

Chapter 4: Production, Revenue (Value) by Region

Chapter 5: Supply (Production), Consumption, Export, Import by Regions

Chapter 6: Production, Revenue (Value), Price Trend by Type

Chapter 7: Market Analysis by Application

Chapter 8: Manufacturing Cost Analysis

Chapter 9: Industrial Chain, Sourcing Strategy and Downstream Buyers

Chapter 10: Marketing Strategy Analysis, Distributors/Traders

Chapter 11: Market Effect Factors Analysis

Chapter 12: Research Conclusions of Global BEC Defense Market

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