Enhances Enterprise Email Service with Mimecast
In today's digital age, email has emerged as a significant means of communication in many organizations, often surpassing telephony. This reliance on email for business communication has given rise to a growing market for hosted email services, particularly those equipped with Data Loss Prevention (DLP) features.
One such company that has gained prominence in this sector is Mimecast, a six-year-old company that offers a service for email management. Mimecast's forecasted revenue growth of 300% this year is a testament to its success in addressing the concerns of organizations seeking secure email solutions.
DLP is an emerging market in the IT security industry, aimed at preventing leaks of confidential or sensitive information. The growing acceptance of software-as-a-service (SaaS) providers and the need for secure email storage and archiving are driving the growth of corporate SaaS email providers like Mimecast.
The market trends for hosted email services with DLP show strong growth, fueled by cloud deployment adoption, security sophistication, and compliance demands. By 2025, cloud deployment accounts for about 59% of the messaging security solutions market share and is growing at a CAGR of approximately 12.6%.
Email remains the primary vector for threats such as phishing, ransomware, and credential theft, making robust email protection—including DLP—a market priority. Email protection holds about 62% market share in messaging security categories.
Hosted DLP solutions within these services are expanding because they not only prevent unauthorized export of sensitive data but also help organizations automate compliance with regulations, safeguard proprietary/legal information, and provide complete data visibility and real-time threat response.
For mid-market businesses and legal firms, these hosted DLP-enabled email services offer several benefits. They provide regulatory compliance support, protect sensitive data, reduce the risk and cost of breaches, improve data visibility and control, and offer scalable and easy management.
Legal firms, dealing with high regulatory and confidentiality demands, benefit particularly from these services, as they meet stringent compliance, protect client confidentiality, and offer forensic capabilities via email archiving and automated policy enforcement.
In conclusion, hosted email services with integrated DLP are a growing and crucial segment of the messaging security market, driven by escalating cyber threats and compliance needs in the mid-market and legal sector. Their cloud-native, API-integrated models deliver flexibility, advanced threat protection, and regulatory alignment necessary for modern distributed and hybrid work environments.
The popularity and interest in commercial SaaS email from companies like Cisco and Symantec suggest that Mimecast's time as a small independent player may be short-lived. However, with its robust service offerings and impressive growth, Mimecast is well-positioned to continue leading the way in the hosted email services market.
[1] Source: MarketsandMarkets [2] Source: Mimecast [3] Source: TechTarget
- The growing demand for secure email solutions in the business world, driven by cyber threats and compliance needs, has led to the expansion of hosted Data Loss Prevention (DLP) solutions, such as those offered by Mimecast.
- In the education-and-self-development aspect, understanding data-and-cloud-computing and technology trends, including the growth of hosted email services with integrated DLP, can provide valuable insights for mid-market businesses and legal firms, helping them make informed decisions for their businesses.
