According to the most recent report by Emergen Research, the size of the worldwide Business Email Compromise (BEC) market is anticipated to reach USD 4.79 billion in 2030, with a consistent revenue CAGR of 19.4%. The prevalence of spear phishing and business email compromise scams is a key factor influencing market revenue growth. Business Email Hack (BEC), a sort of phishing scam, involves the impersonation or compromise of an executive's email account in order to deceive the victim into initiating a wire transfer or giving sensitive information. This attack typically targets people who handle confidential company information, make purchases, or have other fiduciary duties. Its main components are social engineering and spear phishing.

When accessing the major driving forces shaping the progress of the Business Email Compromise industry the researchers also focus on the growth of the customer base in various emerging regions. Advantages offered by the products such as improved shelf life as well as durability and how they are impacting the development of the industry are also assessed during the research. While examining the major restricting factors researchers make an attempt to analyse the strict environmental regulations affecting the market.

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Key companies operating in the Business Email Compromise market include:

Proofpoint, Mimecast Services Limited, Check Point Software Technologies Ltd., Cisco Systems, Inc., Broadcom, Fortra, LLC, Trend Micro Incorporated, Zix Corporation, Barracuda Networks, Inc., and GreatHorn, Inc

Key market aspects studied in the report:

Market Scope: The report explains the scope of various commercial possibilities in the global Business Email Compromise market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.

Key Benefits of the Report:

• Comprehensive analysis of the competitive scenario and its changing dynamics
• Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
• In-depth 8-year analysis of the Global Business Email Compromise Market
• Critical understanding of the key market segments
• Comprehensive analysis of the drivers, restraints, trends, and opportunities
• Detailed regional analysis and extensive company profiling
• Extensive assessment of current and emerging trends of the market

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Business Email Compromise Market Segmentation:

• Offering Outlook (Revenue, USD Million; 2019–2030)

  • Solutions
  • Services

• Deployment Mode Outlook (Revenue, USD Million; 2019–2030)

  • Cloud
  • On-Premises

• Vertical Outlook (Revenue, USD Million; 2019–2030)

  • BFSI
  • Government
  • IT & ITES
  • Energy & Utilities
  • Healthcare
  • Retail & E-Commerce
  • Manufacturing
  • Other Verticals

Business Email Compromise Market Segmentation by Regions:

• North America (U.S., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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