Maximize Market Research, an international business & consultancy firm has recently published a research report on the “Business Email Compromise Market”. The total global market for the “Business Email Compromise Market” was valued at USD 1.37 Bn in 2023 and is expected to grow at a CAGR of 19.3 percent over the forecast period to reach USD 4.71 Bn by 2030.
Market Size in 2023: USD 1.37 Bn.
Market Size in 2030: USD 4.71 Bn.
CAGR: 19.3 percent (2024-2030)
Forecast Period: 2024-2030
Base Year: 2023
Number of Pages: 265
No. of Tables: 129
No. of Charts and Figures: 121
Segment Covered: Types of scams, Offerings, Deployment mode, Application, Organization Size, and Region
Regional Scope: North America, Europe, Asia Pacific, Middle East and Africa, South America
Report Coverage: Market Share, Size & Forecast by Revenue | 2023−2029, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, MMR Competition Matrix, Competitive Leadership Mapping, Global Key Players’ Market Ranking Analysis.
Business Email Compromise Market Report Scope and Research Methodology
The report provides an extensive analysis of the Business Email Compromise Market including market drivers, opportunities, challenges, and threats. Key players’ growth strategies and the key segment is included in the report for more in-depth details. Top impacting factors & major investment pockets are highlighted and major countries in each region are analysed and their revenue contribution is mentioned in the report. The report offers an in-depth analysis of changing Business Email Compromise Market dynamics, major segments, value chains, competitive scenarios, and market regional growth. The Business Email Compromise Market report analysis guide to leading players, investors, shareholders, and start-ups in devising strategies for sustainable growth and gaining a competitive edge in the market. SWOT analysis was used to compute the strengths and weaknesses of the Business Email Compromise industry.
Business Email Compromise Market Overview
Phishing of well-crafted emails conducted through gathering and spoofing information about the target has proven to be a very lucrative scam called Business Email Compromise (BEC). From crafty phishing schemes and insidious virus attacks to spam emails and insidious identity thefts, cybercriminals are constantly devising new methods to exploit the exposures of this communication channel which helps to drive the market. On the other side Pirated email security software and free, open-source software use affect to the market growth.
Gift card- BEC scams
In emerging countries, the increasing Gift card schemes popular with cybercriminals because the cards operate similarly to cash are expected to propel the market. However, attacks with gift cards are especially widespread during the holiday season, and getting money back is nearly impossible. The most popular gift card suppliers used in BEC frauds are Google Play, eBay, Target, and Walmart.
North America is expected to dominate the global Business Email Compromise Market share during the forecast period
North America accounted for the largest market share in 2023. The adoption of contactless payment services among the population is the primary driver for market growth. Growth of economic development, well-established standards peoples, growing awareness regarding technology and security, and convenience benefits offers are expected to drive the Business Email Compromise Market across the world.
By Types of Scams
- Data Theft
- False Invoice Scheme
- CEO fraud
- Lawyer Impersonation
- Accounts Compromise
By Offering
- Solutions
- Services
By Deployment Mode
- Cloud
- On-Premise
By Applications
- BFSI
- Government
- IT & ITeS
- Energy and Utilities
- Manufacturing
- Retail and eCommerce
- Healthcare
- Other Applications
By Organization Size
- SMEs
- Large Enterprises
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Business Email Compromise Market’s Key Players include:
North America Business Email Compromise Market’s Key Players
- Microsoft
- IBM
- Yahoo
- Apple
- Amazon
- Cisco
- Oracle
- Salesforce
- Dropbox
- Mailchimp
Europe Business Email Compromise Market’s Key Players
- GMX
- ProtonMail
- ru
- Yandex
- Atmail
- 1&1 IONOS
Asia Pacific Business Email Compromise Market’s Key Players
- Zoho
- Tencent
- Huawei
- Alibaba
- Netease
- FastMail
Middle East&African Business Email Compromise Market’s Key Players
- Etisalat
- du
- Ooredoo
- STC (Saudi Telecom Company)
- Vodafone Egypt
Key questions answered in the Business Email Compromise Market are:
- What are Business Email Compromise?
- What was the Business Email Compromise Market size in 2022?
- What is the expected Business Email Compromise Market size by 2029?
- What is the growth rate of the Business Email Compromise Market?
- What are the key benefits of the Business Email Compromise Market?
- What are the new trends in Business Email Compromise?
- What is the driving, opportunity and restraining factors in the global Business Email Compromise Market?
- Which are the factors expected to drive the Business Email Compromise Market growth?
- Which factors are expected to restrain the Business Email Compromise Market growth?
- Which segment dominated the Business Email Compromise Market growth?
- What is the demand pattern for the Business Email Compromise Market?
- Which region held the largest share of the Business Email Compromise Market?
- Who are the key players in the Business Email Compromise Market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size & Forecast by different segment | 2023−2030
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by Types of scams, Offerings, Deployment mode, Application, Organization Size, and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic Industries, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified Type estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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