Europe Business Email Compromise (BEC) Market Size, Share & Industry Trends Analysis Report By Offering (Solutions and Services), By Deployment Mode, By Organization Size (Large Enterprises and SMEs), By Vertical, By Country and Growth Forecast, 2022 - 20

Europe Business Email Compromise (BEC) Market Size, Share & Industry Trends Analysis Report By Offering (Solutions and Services), By Deployment Mode, By Organization Size (Large Enterprises and SMEs), By Vertical, By Country and Growth Forecast, 2022 - 2028

The Europe Business Email Compromise (BEC) Market would witness market growth of 18.3% CAGR during the forecast period (2022-2028).

Attackers that utilize social engineering techniques such as business email breach pose as legitimate companies or people in order to get money, confidential information, or personal data for their own purposes. Because they are simple to launch in large numbers, have a high success rate, and are still incredibly effective, BEC attacks are presently the most common type of cybercrime. Business email compromises and phishing attacks are related and therefore can coincide, but they vary in that BEC attacks whether consequence in direct money transfers or credentials/other personal data being stolen, whereas phishing generally outcomes in compromised systems or credentials via malware or ransomware.

Attackers take the form of service or product providers and send bills with payment requests in this kind of assault. Attackers frequently pretend to be the company's current suppliers or vendors, taking advantage of the fact that there would likely be records of previous transfers and communications with the vendor as "evidence" of their identities. CEO fraud, which directly impersonates a corporation, is typically targeted at personnel, particularly those working in finance departments who are in charge of processing payments and those who routinely handle transfers. In this case, the attackers would then exert more pressure in an effort to make the victim feel pressed to fulfil the demands of a superior.

Russian intelligence claims that the government of Russia may be planning countermeasures against upcoming hacks. The Russian government not only disseminated malicious software, but also engaged in distributed denial-of-service (DDoS) attacks against Ukrainian government officials and infrastructure. A few cybercriminal organizations have also recently proclaimed their support for the Russian government.

These Russian-affiliated cyberterrorist organizations have pledged to carry out operations as payback for alleged assaults against the Russian government and people. Certain groups have also threatened cyberattacks against countries and organizations that aid the military of Ukraine. Several cybercriminal organizations have recently targeted Ukrainian websites in destabilizing ways, most likely in favor of Russia's military incursion.

The Germany market dominated the Europe Business Email Compromise (BEC) Market by Country in 2021, thereby, achieving a market value of $213.9 million by 2028. The UK market would showcase a CAGR of 17.3% during (2022 - 2028). Additionally, The France market is experiencing a CAGR of 19.2% during (2022 - 2028).

Based on Offering, the market is segmented into Solutions and Services. Based on Deployment Mode, the market is segmented into Cloud and On-premises. Based on Organization Size, the market is segmented into Large Enterprises and SMEs. Based on Vertical, the market is segmented into BFSI, IT & ITeS, Retail & eCommerce, Manufacturing, Government, Energy & Utilities, Healthcare and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Check Point Software Technologies Ltd., Broadcom, Inc., Fortinet, Inc., Cisco Systems, Inc., Trend Micro, Inc., Proofpoint, Inc., Mimecast Limited, Barracuda Networks, Inc. (Thoma Bravo), Agari (HelpSystems, LLC) and Zix Corporation.

Scope of the Study

Market Segments covered in the Report:

By Offering

  • Solutions
  • Services
By Deployment Mode
  • Cloud
  • On-premises
By Organization Size
  • Large Enterprises
  • SMEs
By Vertical
  • BFSI
  • IT & ITeS
  • Retail & eCommerce
  • Manufacturing
  • Government
  • Energy & Utilities
  • Healthcare
  • Others
By Country
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
Companies Profiled
  • Check Point Software Technologies Ltd.
  • Broadcom, Inc.
  • Fortinet, Inc.
  • Cisco Systems, Inc.
  • Trend Micro, Inc.
  • Proofpoint, Inc.
  • Mimecast Limited
  • Barracuda Networks, Inc. (Thoma Bravo)
  • Agari (HelpSystems, LLC)
  • Zix Corporation
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Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Business Email Compromise (BEC) Market, by Offering
1.4.2 Europe Business Email Compromise (BEC) Market, by Deployment Mode
1.4.3 Europe Business Email Compromise (BEC) Market, by Organization Size
1.4.4 Europe Business Email Compromise (BEC) Market, by Vertical
1.4.5 Europe Business Email Compromise (BEC) Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Strategies deployed in Business Email Compromise (BEC) Market
Chapter 4. Europe Business Email Compromise (BEC) Market by Offering
4.1 Europe Solutions Market by Country
4.2 Europe Services Market by Country
Chapter 5. Europe Business Email Compromise (BEC) Market by Deployment Mode
5.1 Europe Cloud Market by Country
5.2 Europe On-premises Market by Country
Chapter 6. Europe Business Email Compromise (BEC) Market by Organization Size
6.1 Europe Large Enterprises Market by Country
6.2 Europe SMEs Market by Country
Chapter 7. Europe Business Email Compromise (BEC) Market by Vertical
7.1 Europe BFSI Market by Country
7.2 Europe IT & ITeS Market by Country
7.3 Europe Retail & eCommerce Market by Country
7.4 Europe Manufacturing Market by Country
7.5 Europe Government Market by Country
7.6 Europe Energy & Utilities Market by Country
7.7 Europe Healthcare Market by Country
7.8 Europe Others Market by Country
Chapter 8. Europe Business Email Compromise (BEC) Market by Country
8.1 Germany Business Email Compromise (BEC) Market
8.1.1 Germany Business Email Compromise (BEC) Market by Offering
8.1.2 Germany Business Email Compromise (BEC) Market by Deployment Mode
8.1.3 Germany Business Email Compromise (BEC) Market by Organization Size
8.1.4 Germany Business Email Compromise (BEC) Market by Vertical
8.2 UK Business Email Compromise (BEC) Market
8.2.1 UK Business Email Compromise (BEC) Market by Offering
8.2.2 UK Business Email Compromise (BEC) Market by Deployment Mode
8.2.3 UK Business Email Compromise (BEC) Market by Organization Size
8.2.4 UK Business Email Compromise (BEC) Market by Vertical
8.3 France Business Email Compromise (BEC) Market
8.3.1 France Business Email Compromise (BEC) Market by Offering
8.3.2 France Business Email Compromise (BEC) Market by Deployment Mode
8.3.3 France Business Email Compromise (BEC) Market by Organization Size
8.3.4 France Business Email Compromise (BEC) Market by Vertical
8.4 Russia Business Email Compromise (BEC) Market
8.4.1 Russia Business Email Compromise (BEC) Market by Offering
8.4.2 Russia Business Email Compromise (BEC) Market by Deployment Mode
8.4.3 Russia Business Email Compromise (BEC) Market by Organization Size
8.4.4 Russia Business Email Compromise (BEC) Market by Vertical
8.5 Spain Business Email Compromise (BEC) Market
8.5.1 Spain Business Email Compromise (BEC) Market by Offering
8.5.2 Spain Business Email Compromise (BEC) Market by Deployment Mode
8.5.3 Spain Business Email Compromise (BEC) Market by Organization Size
8.5.4 Spain Business Email Compromise (BEC) Market by Vertical
8.6 Italy Business Email Compromise (BEC) Market
8.6.1 Italy Business Email Compromise (BEC) Market by Offering
8.6.2 Italy Business Email Compromise (BEC) Market by Deployment Mode
8.6.3 Italy Business Email Compromise (BEC) Market by Organization Size
8.6.4 Italy Business Email Compromise (BEC) Market by Vertical
8.7 Rest of Europe Business Email Compromise (BEC) Market
8.7.1 Rest of Europe Business Email Compromise (BEC) Market by Offering
8.7.2 Rest of Europe Business Email Compromise (BEC) Market by Deployment Mode
8.7.3 Rest of Europe Business Email Compromise (BEC) Market by Organization Size
8.7.4 Rest of Europe Business Email Compromise (BEC) Market by Vertical
Chapter 9. Company Profiles
9.1 Check Point Software Technologies Ltd.
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Regional Analysis
9.1.4 Research & Development Expense
9.2 Broadcom, Inc.
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expense
9.2.5 Recent strategies and developments:
9.2.5.1 Acquisition and Mergers:
9.2.6 SWOT Analysis
9.3 Fortinet, Inc.
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Regional Analysis
9.3.4 Research & Development Expenses
9.4 Cisco Systems, Inc.
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Regional Analysis
9.4.4 Research & Development Expense
9.4.5 Recent strategies and developments:
9.4.5.1 Product Launches and Product Expansions:
9.4.1 SWOT Analysis
9.5 Trend Micro, Inc.
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Regional Analysis
9.5.4 Research & Development Expense
9.6 Proofpoint, Inc.
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Regional Analysis
9.6.4 Research & Development Expense
9.6.5 Recent strategies and developments:
9.6.5.1 Partnerships, Collaborations, and Agreements:
9.6.5.2 Product Launches and Product Expansions:
9.7 Mimecast Limited
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Regional Analysis
9.7.4 Research & Development Expense
9.8 Barracuda Networks, Inc. (Thoma Bravo)
9.8.1 Company Overview
9.8.2 Recent strategies and developments:
9.8.2.1 Product Launches and Product Expansions:
9.9 Agari (HelpSystems, LLC)
9.9.1 Company Overview
9.10. Zix Corporation
9.10.1 Company Overview

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