An Incisive, In-depth Analysis on the Cloud Business Email Market
This study offers a comprehensive, 360 degree analysis on the Cloud Business Email market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Cloud Business Email market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.
North America to lead the global market in terms of revenue generation from cloud business email solutions
The IT industry across the globe is witnessing revolutionary changes owing to the proliferation of advanced and innovative technologies that are fuelling global market growth. The advent of cloud in every aspect of business has made it convenient for enterprises to manage their day-to-day business activities, including business email solutions. Such technological advancements typically first hit the IT industry in North America, making the region the front-runner of all things technology. The cloud business email market in North America is poised to take advantage of the technological advancements in the region and emerge the largest regional market in terms of revenue contribution to the global market.
The cloud business email market in North America will grow 3.3X between 2017 and 2027
In terms of value, the North America cloud business email market was valued at US$ 631.2 Mn in 2016 and is anticipated to increase to US$ 1,732.2 Mn by 2027 end, registering a CAGR of 9.6% in terms of value during the forecast period. The North America market is expected to represent incremental opportunity of US$ 1,036.8 Mn between 2017 and 2027. Within the North America region, Canada is expected to be the largest market for cloud business email solutions, estimated to be valued at US$ 590.9 Mn in 2017 and reach a market valuation of US$ 1,505.0 Mn by 2027 end, representing a CAGR of 9.8% from 2017 to 2027.
Factors boosting the growth of the North America cloud business email market
Growing adoption of cloud email with artificial intelligence: Business enterprises in North America increasingly use cloud email solutions to manage their day-to-day tasks. Several organisations have started implementing the G suite with add-on artificial intelligence features to offer improved delivery of enterprise email in a bid to attract customers. The G suite comprising artificial intelligence tools offers enterprise communications tools such as hangouts and word processing docs that help improve work productivity. This factor is boosting the regional market for cloud business email solutions.
Increasing adoption of hosted cloud services by financial institutions: Financial institutions across North America have been quick in the adoption of hosted cloud services across public clouds to ensure speedy delivery of financial services in a bid to meet changing industry and customer demands with more efficiency and greater ease of security concerns. This is significantly adding to the revenue growth of the North America cloud business email market.
Other regional cloud business email markets will witness sustained growth during the forecast period
After North America, Western Europe and APEJ will be significantly high growth markets in the global cloud business email market. The Western Europe market will represent incremental opportunity of US$ 498.5 Mn between 2017 and 2027 while APEJ will record incremental opportunity of US$ 823.2 Mn during the forecast period.
Trends observed in the global cloud business email market
North America: There is a high demand for email security solutions owing to an increasing adoption of bring your own device (BYOD) technology in business enterprises in North America. BYOD calls for enhanced device security by implementing business email security solutions to detect and prevent email phishing across digital and social channels.
APEJ: Provision of low price email application solutions for SMBs is a new trend witnessed in the APEJ cloud business email market. There has been a steady rise in the number of small and medium enterprises in India. Cloud service providers in the subcontinent currently manage email application solutions and services to help enterprises secure their custom email accounts accessed by employees through BYOD technology. Email application solutions enable full synchronisation of email on mobile devices such as smartphones and tablets, while ensuring enhanced security features and a superior email experience.
Future Market Insights’ new report ‘Cloud Business Email Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027)’ focusses on the performance of the global cloud business email market over a 10 year forecast period from 2017 to 2027. The report incorporates the historical performance of the global cloud business email market from 2012 to 2016 and this is used as a benchmark to forecast market estimates for the decade ending in 2027. The report also dives deep into the various forces likely to impact the global cloud business email market over the forecasted period and presents these in detail for the benefit of readers.
As with every other Future Market Insights report, the report on the global cloud business email market begins with an executive summary that succinctly captures the various dimensions of the global market and presents them in a brief and easy-to-understand format. The executive summary comprises a market overview, market analysis, and our recommendations. The market introduction follows next, highlighting the market taxonomy, market definition, and an overview of the parent market. Next we present the market view point that outlines the macro-economic factors and an opportunity analysis of the global cloud business email market. The next section focusses on the global cloud business email market size, Y-o-Y growth, absolute $ opportunity, value chain and key global regulations. The subsequent sections track the performance of the global cloud business email market across the seven assessed regions. These sections capture the regional market introduction, dynamics, market size forecast by country, operating environment, and vertical; and also highlight the impact analysis of regional drivers and restraints. These sections end with a regional market attractiveness analysis and a list of key representative market participants along with a market presence (intensity map).
The most important chapter of the report focusses on the competitive landscape of the global cloud business email market. In this section, we have covered the market structure, market share analysis, installed base of cloud business email providers, a competitive intensity mapping by market taxonomy, and a competition dashboard featuring the top players in the global cloud business email market. We have also profiled some of the key players operating in the global market – company profiles feature company overview, financials, strategy, and recent market developments. The last main section of the report presents the global cloud business email market historical analysis for the period 2012 – 2016 and a forecast for the period 2017 – 2027 covering the various regional markets and the segments by operating environment and vertical. This section also includes key global trends likely to emerge in the cloud business email market in the coming decade along with the global market attractiveness analysis. Our proven and tested research methodology followed by a list of assumptions and acronyms used throughout the report conclude our report on the global cloud business email market.
Global Cloud Business Email Market: Taxonomy
By Operating Environment
Future Market Insights follows a proven and tested research methodology to arrive at near accurate market estimations. Our research process includes market profiling, formulation of a discussion guide for primary research, developing a list of respondents that includes industry players and key market stakeholders, data collection, data validation, and final data analysis and interpretation to arrive at pertinent insights into the global cloud business email market. Our analysts have referred to sources such as industry association publications and annual reports, publications, and presentations of cloud business email providers in the global market, as well as data gathered from the World Bank, government websites, and industry journals.
Cloud Business Email Market Reports - Table of Contents
12. Forecast Factors: Relevance and Impact
17. Research Methodology
18. Assumptions & Acronyms