Loss Prevention Market 2021, Classification, Application & Specification, Industry Overview, Top Key Regions Analysis and Profiles Overview 2027 |Lowers Associates, GardaWorld, LPG, Skuld

The Global Loss Prevention Market from 2021 to 2027 study investigated by Market Intelligence Data examines the market in depth, emphasising data on many areas such as drivers, constraints, opportunities, threats, and worldwide markets, covering development trends, competitive landscape analysis, and key region expansion status. This report is a comprehensive numerical analysis of the Loss Prevention industry that provides data for developing strategies to boost market growth. Loss Prevention identifies key elements of the market in light of current industry, market requests, business methodologies used by Loss Prevention Market players, and future prospects from various angles.

The research report examines the Loss Prevention market utilising several techniques and analysis in order to offer reliable and in-depth market information. It is broken into many segments to cover various elements of the market for a better understanding. The goal of this study is to help consumers gain a more thorough, better, and clearer understanding of the industry.

Loss Prevention market is expected to register a CAGR of 23.45 % during the forecast period 2021-2027

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The Loss Prevention major players include:

Lowers Associates, GardaWorld, LPG, Skuld, North PI Club, Norwegian Hull Club

INDUSTRY NEWS

Skuld, the Oslo, Norway-based marine insurance provider, announced it has signed a letter of intent to purchase SMA/Gerling Norway.

The transaction includes the acquisition of the renewal rights of the hull & machinery book of business written by Gerling Norway, owned by HDI Global SE. (This business covers 6,000 vessels paying around US$40 million in premium.)

MARKET OVERVIEW

As the demand for digital assets increases, there has been a growth in a massive amount of both structured and unstructured data, which is driving the need for data protection services with a strategic focus on data-centric organizations. Multiple large enterprises in the fortune global 500 have been investing in the DLP market for more than a decade. Currently, the market studied has been emerging as a critical security strategy within reach of mid-sized enterprises.
Historically, DLP solutions were majorly utilized in regulated industries, such as healthcare, financial services, manufacturing, energy, and government. However, with the rising need for protection, DLP solution providers have been targeting the advisory and services companies dealing with a wide range of end-user industries.

Loss Prevention is divided into four categories: firm, geography, type, and application. Players, stakeholders, and other players in the worldwide Loss Prevention will gain an advantage by utilising the report as a valuable resource.

Type segment covers:

Shoplifting

Return Fraud

Employee Theft

Administrative Error

Other

Application segment covers:

Large Enterprises

SMEs

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Regions covered in the report are:

North America (United States, Canada and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

REGIONAL ANALYSIS

North America to Account for the Largest Market Share
The United States is witnessing an increased number of data breaches. According to the Identity Theft Resource Center (ITRC), the average number of breaches in the United States has increased marginally over the past few years. The number of data breaches faced by the United States increased from 785 breaches per year in 2015 to 1,108 breaches per year in 2020.
Also, According to ITRC’s Data Breach Report 2020, the increasing number of data breaches in the country in 2020 has impacted around 300.56 million individuals. . These increasing activities of data breaches in various industries are expected to be the primary factor driving the demand for data loss prevention solutions during the forecast period.

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The major Loss Prevention market reports of:

– Detailed overview of Loss Prevention Market

– Changing Loss Prevention market dynamics in the industry – In-depth market segmentation by type, application, etc.

– Historical, current and projected Loss Prevention market size in terms of size and value

– Recent industry trends and developments

– Competitive landscape of Loss Prevention Market

– Key players and product offering strategies

– Potential and niche sectors/regions showing promising growth.

The research makes a fantastic endeavour to uncover important opportunities accessible in the worldwide Loss Prevention to assist businesses achieve a strong market position, with industry-standard precision in analysis and excellent data integrity. Buyers of the research will get access to validated and trustworthy market predictions, for the worldwide Loss Prevention in terms of revenue.

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