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The email hosting space continues to show strong growth in terms of both users and revenue and the current 2.1 billion e-mail users worldwide in 2012, which includes both business and consumer users, will grow to nearly 2.7 billion by 2016, according to a recent study published by The Radicati Group (News - Alert), a company covering all aspects of e-mail.

According to findings, total worldwide revenue for the e-mail market will top $8 billion in 2012 and will grow to over $12 billion by 2016.

Titled “E-mail Market, 2012-2016,” this report offers a comprehensive analysis of the worldwide e-mail market and covers all segments such as email hosting, enterprise business e-mail, cloud business e-mail, managed business e-mail, consumer e-mail, messaging platforms for service providers and e-mail clients.

Additionally, the study evaluates email hosting services to include statistics on the number of e-mail users and accounts worldwide, e-mail traffic, as well as the number of e-mails sent and received per user per day.

Further, findings offer a detailed analysis of the key e-mail market players in each segment which include: Critical Path (News - Alert), Google, IBM, Intermedia, Microsoft, Mozilla Foundation, Novell, OpenWave Messaging, Oracle, Rackspace, USA.NET, and Yahoo.

The Radicati Group provides informative guides related to email hosting, security, information archiving, regulatory compliance, wireless technologies, Web services, social networking, instant messaging, unified communications, and more. The company provides both quantitative and qualitative information like detailed market size, installed base and forecast information on a worldwide basis, in addition to adetailed country breakouts.

Earlier this month, the firm unveiled yet another study coined, "eDiscovery Market, 2012-2016," which offers an in-depth analysis of the worldwide market for eDiscovery solutions.