Global Europe GDPR Assessment Tools Market Investigation & Development Forecast during 2018 – 2028 ||Competition Landscape- Microsoft Corporation, IBM Corporation, Mimecast Services limited, Commvault Systems, SAS Institute, Forcepoint, Veritas Technolo

The EU General Data Protection Regulation (GDPR), which has superseded the Data Protection Directive 95/46/EC, aims at harmonizing data privacy laws across Europe. With GDPR becoming the standard of reliability among consumers, with regard to their personal data’s privacy, there has been a rise in number of service providers of GDPR assessment tools in Europe. GDPR assessment tools have gained high demand recently as, aiding the businesses in achieving 100% GDPR compliance.

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GDPR assessment tools market is envisioned to witness a rapid rise, driven by the requirement for the regulation of data processing apropos of an individual, company, or organization. Mandates on compliance of GDPR to not only EU organizations, but also non-EU companies operating in Europe or handling clients in Europe, will further proliferate expansion of the GDPR assessment tools market. Growing cyber-crime prevalence and privacy concerns with regard to personal data, which have made enforcement of GDPR essential, will continue to be one of the key growth determinants for the GDPR assessment tools market.

GDPR Assessment Tools Market: Surging Adoption Among Large Enterprises

Albeit a comparatively lower count of large enterprises in European Union, the market for GDPR assessment tools is expected to witness a surging demand from large enterprises that are anticipated to chiefly contribute to the growth of the GDPR assessment tools market in the region. That said, sales of GDPR assessment tools among large enterprises in EU are expected to sky-rocket as compared to small and medium enterprises (SMEs) in the coming years, given their higher spending capacity as compared to SMEs. However, SMEs being larger in number are expected to pave potential growth opportunities for GDPR assessment tools market. That said, given the mandatory compliance regulations for adopting GDPR standards for organizations under the EU regulatory framework, future of GDPR assessment tools is expected to remain optimistic in the forthcoming years.

GDPR Assessment Tools Market: Germany to Reign Supreme; UK to Follow the Suit

Since the implementation of GDPR across EU, the adoption of GDPR assessment tools in Germany is expected to remain high in the coming years. Being the first EU member state to sanction the new Data Protection Act in order be in alignment with the EU GDPR, the demand and adoption of GDPR assessment tools continue to witness a significant boost in the country, making it the most attractive among other EU member states.

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On the contrary, United Kingdom has reported few of the larger and serious data breaches in the past two years. That said, GDPR assessment tools have never been more vital to organizations in the UK, with an ultimate goal to eliminate the possibilities of server hacks and data breaches across a multitude of IT firms and related industries in the country, be it a coordinated attack or a bunch of concentrated attacks on a specific industry. This factor has tremendously boosted the demand for GDPR assessment tools in the UK that is expected to showcase a higher level of lucrativeness in the forthcoming years with respect to incorporation of GDPR assessment tools.

GDPR Assessment Tools Market: Cloud-Based Deployment Platform to Speed Up

GDPR has witnessed a humongous proliferation across the EU, albeit a level of complexity associated with GDPR. That said, deployment of GDPR assessment tools using cloud platform has gained significant traction. Companies relying on cloud technology such as Salesforce and Dropbox are bound to ensure data practices that are in compliance with GDPR. Pervasiveness of cloud platform has led to the introduction of GDPR assessment tools that deliver solutions for cloud services. Consequently, increasing reliance on cloud platform has boosted the demand for cloud-based deployment of GDPR assessment tools.

GDPR Assessment Tools Market: Adoption in Social Media & Digital Marketing and Penetration of Cloud-based Tools to Emerge as Key Trends

Complexity of the GDPR has intensified the cloud technology service platforms, leading the cloud-reliant businesses to comply with GDPR for ensuring their data practices. Lower percentile of identification of GDPR’s impact on the cloud-based services among IT organizations is a major focus area for GDPR assessment tools providers. As personal data sharing is a default procedure for cloud-service providers assisting organizations, their services are required to be unique to comply with GDPR. GDPR assessment tools providers are therefore introduced cloud-based tools to tap the potential opportunities in the area, thereby supporting growth of the GDPR assessment tools market.

High penalties associated with non-compliance of GDPR, organizations and businesses are seeking GDPR assessment tools to facilitate the compliance process and maintain their reputation and brand management. Digital and social media marketing platforms have been witnessing automation in recent years, which in turn has created the need for declaration of data management activities with consent. This has further driven demand for GDPR assessment tools in social media and digital marketing, wherein data management in the marketing processes is bound to adhere to GDPR. This, coupled with rapid rise of the digital and social media marketing, will substantially fuel growth of the GDPR assessment tools market in the near future.

Table of Content:

Chapter 1 Executive Summary
1.1 Opportunity Assessment in GDPR Assessment Tools Market
1.2 Mega Trends in GDPR Assessment Tools Market
1.3 Wheel of FortuneTM
1.4 Data Security Architecture for GDPR Compliance

Chapter 2 Europe GDPR Assessment Tools Market: Overview
2.1 Introduction
2.2 Market Taxonomy
2.3 Definition
2.4 Market Dynamics
2.4.1 Drivers
2.4.2 Restraints
2.4.3 Trends
2.4.4 Opportunities
2.5 GDPR Ecosystem
2.6 A Glimpse of Recent Data Breaches in Europe before GDPR
2.7 Sectors Where Impact Will be high
2.8 GDPR Roadmap for the Organizations
2.9 List of Essential GDPR Assessment Tools
2.9.1 Vendors Analysis
2.10 Value Chain Analysis
2.11 Porter’s Five Force Analysis
2.12 PESTL Analysis

Chapter 3 Europe GDPR Assessment Tools Market Analysis
3.1 Europe ICT Market Outlook
3.2 Europe Market Outlook
3.3 Europe GDPR Assessment Tools Market Outlook
3.3.1 Market Value (US$ Mn) Forecast and Analysis, 2016-2028
3.3.2 Germany
3.3.3 U.K.
3.3.4 France
3.3.5 Spain
3.3.6 Nordic

Continued……………..

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This release was published on openPR.