Business Email Compromise Market is expected to grow at a CAGR of 21.20% through 2030F
The
Global Business Email Compromise Market is to be led by advanced artificial
intelligence-driven security solutions that enhance threat detection and
prevention capabilities, during the forecast period 2026-2030F
According to TechSci Research report, “Business Email Compromise Market
- Global Industry Size, Share, Trends, Competition Forecast &
Opportunities, 2030F, The Global Business Email Compromise Market was
valued at USD 1.48 billion in 2024 and is expected to reach USD 4.69 billion by
2030 with a CAGR of 21.20% through 2030.
The
globalization of supply chains and the increased complexity of cross-border
business transactions have amplified vulnerabilities to business email
compromise schemes. In a typical BEC attack, cybercriminals exploit
vendor-client relationships or inter-company communications to reroute payments
to fraudulent bank accounts. These schemes thrive in environments where
payments are made across jurisdictions, currencies, and organizational
hierarchies, making manual verification difficult. Multinational enterprises
that rely on vendors in different time zones or regions often approve
transactions via asynchronous emails, which can be manipulated or spoofed
without immediate detection. The opacity of international bank routing and
delays in confirming payment receipts further allow BEC attackers to execute
fraud before anomalies are noticed.
This increased
global financial interaction has compelled organizations to implement supplier
verification programs, third-party communication monitoring tools, and
cross-border payment authentication mechanisms. Companies are also formalizing
protocols for invoice validation, bank account change requests, and escalation
chains to reduce reliance on informal email approvals. Some are turning to
blockchain-based verification of payment credentials or using secure portals
for financial exchanges with vendors. The overall effect is a heightened demand
for enterprise-wide communication security and identity validation tools that
operate across languages, currencies, and geographies. As supply chains grow
more digital and interconnected, safeguarding transactional emails from fraud
becomes an operational necessity and a competitive differentiator.
A significant
trend influencing the Global Business Email Compromise Market is the increasing
emphasis on employee-centric security awareness training aimed at reducing
behavioral risks associated with targeted email fraud. With the realization
that technology alone cannot prevent all forms of deception-based attacks,
organizations are now prioritizing structured training programs that educate
employees about the psychological manipulation techniques used in business
email compromise schemes. These training modules go beyond basic cybersecurity
practices and are being designed to simulate real-world scenarios involving
executive impersonation, urgent fund transfers, and vendor invoice fraud.
Enterprises are increasingly incorporating phishing simulation exercises,
role-based training, and periodic knowledge assessments into their
cybersecurity strategies, often with measurable benchmarks for behavioral
improvement.
Awareness
campaigns are being extended to senior executives and finance teams, who are
frequently targeted in these attacks. Many companies are also leveraging data
from prior incidents to refine training content and make it more
context-specific. This cultural shift toward proactive education is helping to
build a more vigilant workforce capable of identifying and reporting suspicious
activities in real time, thereby complementing technological defenses and
reducing the overall attack surface. As awareness training becomes an
operational priority, it is reshaping the organizational response to business
email compromise across industries.
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The
IT and Telecommunications vertical is the fastest-growing segment in the Global
Business Email Compromise Market, reflecting the sector’s increasing
vulnerability to sophisticated cyber threats. This rapid growth is fueled by
the sector’s extensive reliance on digital communications and cloud-based
platforms, which have become integral to daily operations, collaboration, and
customer engagement. As IT and Telecommunications companies manage vast amounts
of sensitive data and critical infrastructure, they are prime targets for
business email compromise attacks designed to exploit human and technological
weaknesses. The surge in remote working and virtual communication has further
expanded the attack surface, creating new entry points for cybercriminals.
The
IT and Telecommunications sector faces immense pressure to maintain
uninterrupted service delivery, making email security a top priority.
Organizations in this vertical are increasingly investing in advanced security
solutions, such as artificial intelligence-driven threat detection,
multi-layered authentication, and behavior analytics, to proactively identify
and mitigate risks associated with business email compromise. Furthermore,
regulatory compliance and data privacy mandates are compelling companies to
adopt comprehensive security frameworks. These factors collectively drive the
rapid adoption of business email compromise prevention technologies,
positioning the IT and Telecommunications vertical as the fastest-growing
market segment with sustained growth expected throughout the forecast period.
Asia
Pacific is rapidly emerging as the fastest-growing region in the Global
Business Email Compromise Market, driven by accelerating digital transformation
and expanding internet penetration across countries such as India, China,
Japan, and Australia. The rise of remote work, cloud adoption, and increased
reliance on email communications have made organizations in this region more
vulnerable to business email compromise attacks. Growing cybersecurity
awareness and government initiatives focused on strengthening data protection
frameworks are encouraging enterprises to invest heavily in advanced email
security solutions. The rapid expansion of small and medium-sized enterprises
in Asia Pacific is fueling demand for cost-effective and scalable security
technologies. With increasing cybercrime incidents and rising adoption of
sophisticated security tools, the Asia Pacific market is set to witness
substantial growth over the coming years.
Key
market players in the Business Email Compromise Market are:
-
- Microsoft
Corporation
- Cisco
Systems, Inc.
- Proofpoint,
Inc.
- Mimecast
Limited
- Broadcom
Inc.
- Trend
Micro Incorporated
- Barracuda
Networks, Inc.
- Fortinet,
Inc.
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“The
Global Business Email Compromise Market is poised for significant growth driven
by the increasing frequency and sophistication of cyberattacks targeting email
communications. As organizations continue to adopt digital transformation and
remote work models, the reliance on email for critical business operations
grows, heightening vulnerability. Advances in artificial intelligence and
machine learning are fueling the development of more effective detection and
prevention solutions. Stricter regulatory requirements and rising awareness of
cyber risks are prompting increased investment in email security. These factors
collectively ensure that the market will expand steadily, with growing demand
for integrated, automated, and adaptive security technologies.” said Mr. Karan
Chechi, Research Director of TechSci Research, a research-based global
management consulting firm.
“Business Email
Compromise Market – Global Industry Size, Share, Trends, Opportunity, and
Forecast, By Offering (Solutions, Services), By Deployment Mode (Cloud,
On-premises), By Vertical (BFSI, Government, IT and Telecommunications, Energy
and Utilities, Manufacturing, Retail and eCommerce, Healthcare, Others), By
Region, By Competition, 2020-2030F” has evaluated the future growth
potential of Business Email Compromise Market and provides statistics
& information on market size, structure, and future market growth. The
report intends to provide cutting-edge market intelligence and help decision
makers take sound investment decisions. Besides the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities in Business Email Compromise Market.
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