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Business Email Market is expected to grow at a healthy CAGR till 2032 | FMI

Business Email Market – Global industry segment analysis, regional outlook, share, growth; business email market forecast 2016 to 2026 by future market insights

Attributes Details
Business Email Market Value in 2022 US$ 28,540.7 Million
Business Email Market Value in 2032 US$ 50,574.0 Million
Business Email Market CAGR (2022-2032) 5.9%

The enumeration of organizations migrating to cloud-based email and collaboration services has continued to build over the past few years, where previously small and medium business (SMB) were the key end-users of business email solutions, now larger organizations are aggressively moving to the cloud.

The current number of email users worldwide in 2015 is recognized to be about 2.6 billion, and this figure is expected to grow at a healthy CAGR till 2026. While total worldwide email traffic estimated to about 200 billion email per day in 2015, the corporate emails represent the major share of this total value.

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Business Email Market: Segmentation

Business email market is segmented on the basis of deployment model, end-user and region. According to deployment model, business email market can be segmented into on-premise and cloud-based deployment. On the basis of end-user, business email market can be segmented into small business, medium business and large enterprises.

Regionally, business email market can be segmented into North America, Latin America, Western Europe, Eastern Europe, Middle East & Africa (MEA), Asia Pacific excluding Japan (APEJ) and Japan.

Business Email Market: Regional Outlook

Business email market is witnessing stable growth and is expected to grow steadily during the projected period. North America is the dominating region in business email market and is expected to remain dominant followed by Western Europe during the forecast period. Asia-Pacific is expected to exhibit highest CAGR due to rapid progress in enterprise sector across evolving economies of countries like India, China and Philippines.

Business Email Market: Drivers

Business email market is being primarily driven by organizations’ need for a formal communication platform. Growing influx of SOHO (Small Office/Home Office) and SMB’s (Small and Medium Businesses) across the globe is driving the growth of business email market. Furthermore, increasing popularity of cloud-based business email solutions is expected to fuel the growth of business email market during the projected period.

However, security concerns regarding cloud-based email solutions coupled with need for dedicated internet connection are expected to restrain the growth of business email market amidst the forecast period 2016-2026.

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Regional analysis for Business Email Market includes

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific
  • Japan
  • Middle East and Africa

Regional analysis for Business Email Market includes

  • North America
    • US & Canada
  • Latin America
    • Brazil, Mexico, Others
  • Western Europe
    • EU5
    • Nordics
    • Benelux
  • Eastern Europe
  • Asia Pacific
    • Australia and New Zealand (ANZ)
    • Greater China
    • India
    • ASEAN
    • Rest of Asia Pacific
  • Japan
  • Middle East and Africa
    • GCC Countries
    • Other Middle East
    • North Africa
    • South Africa
    • Other Africa

About FMI                     

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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