openPR Logo
Press release

Europe GDPR Assessment Tools Sales Upsurge with Major Players Contributing Heavily towards Market Growth | Major Players - Microsoft Corporation , IBM Corporation , Mimecast Services limited , SoftCat , Commvault Systems , SAS Institute , Forcepoint , Ver

07-09-2019 01:24 PM CET | IT, New Media & Software

Press release from: Fact.MR

Europe GDPR Assessment Tools Sales Upsurge with Major Players

Growing imperativeness of information and data protection in light of increased concerns regarding cyber-crimes and leak of personal data has supported the initiation of the EU General Data Protection Regulation (GDPR) assessment tools. Superseding the Data Protection Directive 95/46/EC, GDPR facilitates harmonizing of data privacy laws across European countries in order to empower and streamline processes in organizations that are involved with personal information.

Request a sample of this premium report @ https://www.factmr.com/connectus/sample?flag=S&rep_id=989

That said, GDPR assessment tools support organizations in Europe to maintain standards of information security as per GDPR compliance. Albeit a situation of anxiety among IT and related sectors owing to GDPR, high penalties associated with avoidance of the regulation has compelled organizations to adopt GDPR assessment tools. With an ultimate focus to reduce a penalty worth €20 million, organizations across the European Union are adopting GDPR assessment tools to comply with GDPR. Moreover, the GDPR is also applicable to non-EU organizations that operate under the EU premises or if they are concerned with handling an EU client. This aspect has significantly pushed the use of GDPR assessment tools in the European Union during the forecast period.

Fact.MR, understanding the need for GDPR as a vital regulation act for enhancing security of personal data, has compiled various valuable insights in its recent publication focusing on acceptance of GDPR assessment tools across the European Union. The report on GDPR assessment tools market is projected to expand at a meteoric CAGR of 35.6% in terms of value throughout the period of forecast, 2018-2028.

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.

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.

Ask to our Industry Expert @ https://www.factmr.com/connectus/sample?flag=AE&rep_id=989

Contact Us            
Fact.MR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: https://www.factmr.com/
Blog: https://factmrblog.com/
Read Industry News at - https://www.industrynewsanalysis.com/

About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Europe GDPR Assessment Tools Sales Upsurge with Major Players Contributing Heavily towards Market Growth | Major Players - Microsoft Corporation , IBM Corporation , Mimecast Services limited , SoftCat , Commvault Systems , SAS Institute , Forcepoint , Ver here

News-ID: 1800017 • Views: 86

More Releases from Fact.MR

Auto Infotainment Market Growth Analyzed to 2026 | Continental AG, HARMAN Inter …
Fact.MR is a leading market research entity that, with its primary and secondary research mechanisms can bring a tectonic shift in the growth rate of the Auto Infotainment market. Fact.MR leads the way of your business toward success through the help of exceptional market leaders and experts having diverse experience in the Auto Infotainment market. Fact.MR analysis on auto infotainment market covers value projections of the market. According to the
Fact.MR Report: What are the Key Growth Drivers of Insulation Blow-in Machine M …
The presence of a seamless industrial manufacturing sector has created new avenues for growth within the global Insulation Blow-in Machine market. The coherence of sales within this market is a function of the efforts made by leading stakeholders and vendors in promoting the products. The absence of a viable alternative has also brought the Insulation Blow-in Machine market under the spotlight of focus. The favorability of government regulations for the
Lightweight Materials Account for More Than 1/3rd Share in the Global Suspended …
Suspended Scaffolding Market: Introduction Suspended scaffolding are raised aerial platforms suspended by ropes fixed atop the highest point of any structure i.e.; buildings, towers among others. These platforms move about the outer façade of a building and can be raised or lowered via the ropes connected to a motor. Suspended scaffoldings are utilized whenever maintenance and cleaning work has to be carried out on the facade of any tall structure. These
Key Factors Shaping the Dryer Vents Market | Defleco ,LLC, Dundas Jafine Inc., …
Fact.MR has recently announced the addition of a new study on the global Dryer Vents market to its document repository. This report is intended to provide a detailed analysis of all vital factors impacting negatively or positively on the development of the Dryer Vents market during the assessment period of 2019 2029. Apart from this, the latest study highlights historical and current trends together with forecast on future trends shaping

All 5 Releases


More Releases for GDPR

Matera - Il GDPR nella Capitale della cultura
Un importante successo quello dell'evento organizzato dall'Ordine degli Ingegneri di Matera intitolato "Il GDPR per professionisti, strutture ricettive e imprese" tenutosi sabato 29 settembre a Matera presso l'Hotel San Domenico, insieme al CNA Matera e APT Regione Basilicata. 'Un grande successo dell'evento, con oltre 150 partecipanti ' dice soddisfatta il consigliere delegato all'evento formativo Ing. Luigia Scarpa ' segnale di grande interesse verso la tematica, che richiede sempre più occasioni
Europe GDPR Assessment Tools Market: Cloud-Based Deployment of GDPR Assessment T …
Growing imperativeness of information and data protection in light of increased concerns regarding cyber-crimes and leak of personal data has supported the initiation of the EU General Data Protection Regulation (GDPR) assessment tools. Superseding the Data Protection Directive 95/46/EC, GDPR facilitates harmonizing of data privacy laws across European countries in order to empower and streamline processes in organizations that are involved with personal information. Request Free Sample Copy of the Report
Engage in Learning GDPR programme breaks customer and user records
Some 300 UK-based organisations bought - and tens of thousands of individual learners throughout the EU completed – Engage in Learning’s GDPR online learning materials in the run-up to this regulation coming into force on 25th May. According to Chris Horseman, Engage in Learning’s Managing Director, the GDPR programmes – available in various languages – were most popular with organisations in the financial services, IT and retail industries. “Our GDPR programme has
The GDPR Changes the Game for Employers
Developers of Work Examiner software, which is one of the leading employee monitoring products on the market, have released an instruction sheet for computer tracking app users in connection with the oncoming GDPR entering into force. The sheet covers the main challenges set forth by the GDPR introduction and steps employers should undertake to keep with new rules and to use employee monitoring software legally. What is the GDPR? The General Data
Brightcom Group aligns with GDPR compliance
The Brightcom Group, a global technology company that specializes in Internet-related services and products, which include Ad-tech, New Media and IoT based businesses across the globe, primarily in the digital eco-system, today announced its measures and readiness to the GDPR. The General Data Protection Regulation ('GDPR?), which takes effect this Friday, May 25, 2018, is data privacy and protection regulation defined and enforced by the European Union. The GDPR imposes new
EU GDPR: PowerFolder’s special offer for businesses
On May 25th, the EU GDPR, the European General Data Protection Regulation comes into force. To mark this development, dal33t GmbH is offering its proven File Sync & Share solution PowerFolder at an unbeatable special price up to this deadline - providing companies a highly cost-effective way to rely on a secure solution that is Made in Germany. Düsseldorf, 13.04.2018 The entry into force of the European General Data Protection Regulation