Press release
Data Loss Prevention Market Share 2022 COVID-19 Impact and Regional Outlook 2030
The global data loss prevention market was valued at USD 3.5 billion in 2021 and will reach USD 12.17 billion by 2027, growing at a CAGR of 23.10% during a forecast period. Enterprises' increasing focus on meeting regulatory and compliance requirements and storing data in the public and private cloud has fueled the demand for data loss prevention around the world. As the demand for digital assets increases, so does the volume of structured and unstructured data generated, necessitating the need for data security services with a strategic focus on data-centric businesses. Several Fortune Global 500 companies have been investing in the DLP market for more than a decade.
Furthermore, the continuous increase in R&D spending by market players to diversify their applications in untapped enterprises is expected to further enhance their consumption worldwide. Data loss prevention solves three key objectives that are common vulnerabilities for many organizations: personal data protection/compliance, intellectual property (IP) protection, and data transparency.
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Increasing Acceptance of Global
Data Loss Prevention Increasing compliance and regulatory requirements across the world are the key factors behind the growth of Data Loss Prevention market. As regulatory requirements such as the Sarbanes-Oxley Act (SOX), the Health Insurance Portability and Accountability Act (HIPAA), and the Gramm-Leach-Bliley Act (GLBA) help drive demand for DLP solutions and services among small and medium-sized Enterprises (SMEs) and large corporations. However, the increasing demand for the Internet, storing data in the cloud and making important customer information available online is drawing the attention of hackers and criminals.
The increasing number of data thefts around the world has enabled the market players to create innovative products for establishing their business in the global market. Increasing demand for automation coupled with increasing adoption of IoT devices across multiple end-user verticals such as healthcare, consumer electronics, industrial, automotive, BFSI, and retail is expected to fuel DLP adoption. As these devices generate a larger number of endpoints, the privacy of these endpoints has become extremely relevant.
Impact of COVID-19 on Data Loss Protection Market
The COVID-19 pandemic has had a positive impact on the revenue of data loss prevention companies due to the imposed lockdown and facility shutdown regulations. As offices switched from offline to online mode during the pandemic, threats to sensitive data increased, leading to data piracy and data theft. However, the companies are developing new product launches, partnerships and collaborations as key strategies to expand their position in the global data center security market. Additionally, strategies such as agreements, joint ventures, and acquisitions have been adopted by a significant number of market players to strengthen their solution portfolios and expand their geographic footprints.
Report Scope
The report outlines the global Data Loss Prevention market study based on solution type, deployment type, company size, application, and end-user.
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Based on Solution Type, Data Loss Prevention Market has been segmented into -
Network DLP
Endpoint DLP
Storage/Data Center DLP
Based on Deployment Type, Data Loss Prevention market has been segmented into -
On
-Premise Cloud DLP
Based on Application, the Data Loss Prevention Market Segmented into -
Encryption
Centralized Management
Policies, Standards and Procedures
Web & Email Protection
Cloud Storage
Incident Response and Workflow Management
Based on end-user, Data Loss Prevention Market has been segmented into -
Air and space travel
Non-Defense Government & Public Utilities
Banking, Financial Services & Insurance (BFSI)
Telecom & IT
Automotive
Retail & Logistics
Petroleum Gas
Robotics
Other
Regional Data Loss Prevention Market Outlook
From a geographic perspective, the global data loss prevention market has been segmented into five geographic regions: Asia Pacific, North America, Europe, South America, and Middle East & Africa. In 2020, North America held the largest data loss prevention market share, followed by Asia Pacific and Europe. Additionally, it is estimated that Asia Pacific will register the world's highest CAGR over the forecast period.
The major competitors in the global data loss prevention market include
The global data loss prevention market is highly fragmented with the presence of a large number of small players across the globe. The vital data loss prevention operating in the global market are -
Broadcom, Inc.
Thales Group
Symantec
Digital Guardian
Cisco Systems, Inc.
GTB Technologies, Inc.
Trend Micro Inc.
CA Technologies Wave of
Trust
Code Green Network
Zekurion
RSA
W
same.
The Data Loss Prevention Market report encompasses a thorough analysis of market dynamics, business models, segmental/regional analysis, and respective market shares and strategies of the major global market players. It includes an in-depth analysis of the factors influencing the global market and market statistics showing a regional and segment-wise market share/growth analysis. The report's study will provide an outlook of one of the most comprehensive market analysis, covering all aspects of the data loss prevention market.
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Data Loss Prevention Market report provides in-depth analysis of macroeconomic factors and market attractiveness of each segment. The report will provide an in-depth qualitative and quantitative assessment of the segmental/regional prospects with the presence of market players in each segment and each region/country. The information completed in the report includes the inputs.
Data Loss Prevention market report encompasses comprehensive analysis
Market segmentation and regional analysis
10-year market size
Pricing analysis
Supply and demand analysis
Product life cycle analysis
Porter's five forces and value chain
analysis Developed and emerging market
analysis PEST analysis
Market and forecast factor analysis Market
opportunities, risks and trends
Conclusion & Recommendation
Regulatory
landscape Patent analysis
Competitive
landscape 15+ company
profiles Regional data loss prevention analysis includes
North America (USA, Canada, Mexico)
South America (Brazil, Argentina, Colombia, Peru, rest of Latin America)
Europe (Germany, Italy, France, UK, Spain, Poland, Russia, Slovenia, Slovakia, Hungary, Czech Republic, Belgium, Netherlands, Norway, Sweden, Denmark, rest of Europe )
Asia Pacific (China, Japan, India, South Korea, Indonesia, Malaysia, Thailand, Vietnam, Myanmar, Cambodia, Philippines, Singapore, Australia and New Zealand, rest of Asia Pacific)
The Middle East & Africa (Saudi Arabia, UAE, South Africa, North Africa, Rest of MEA
Data Loss Prevention Market Target
Telecom
Operators Encryption Solution Providers
Open Source Providers (ODBC & JDBC)
Internet Service Providers (ISPs)
Third
Party System Integrators
Technological Infrastructure
Networking companies
Application design and development providers
IT service
providers Consulting
service providers Cloud service
providers Data center
providers Colocation providers
Government agencies
Industry associations and organizations
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