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.

The study offers a clear understanding of the current market scenario owing to the COVID-19 pandemic and offers a comprehensive analysis of the current and future impact of the pandemic on the overall market landscape. The economic landscape and the market environment have observed drastic changes due to the social restrictions and government-enforced lockdowns imposed to curb the spread of COVID-19. The report is furnished with the latest scenario and growth outlook of the market with regard to the impact of the pandemic.

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Competitive Outlook: The leading companies operating in the Business Email Compromise market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.

Top Companies Operating in the Business Email Compromise Market and Profiled in the Report are:

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

Objectives of the Report:

Study of the global Business Email Compromise market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)

Industrial structure analysis of the Business Email Compromise market by identification of various sub-segments

Extensive analysis of key market players along with their SWOT analysis

Competitive landscape benchmarking

Analysis of Business Email Compromise market based on growth trends, futuristic outlook, and contribution to the total growth of the market

Analysis of drivers, constraints, opportunities, challenges, and risks in the global Business Email Compromise market

Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances

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Segments Covered in this report are:

• 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

Regional Analysis:

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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