Press release
Enterprise Data Loss Prevention (DLP) Tools Market will reach at $ 532.332 mn by 2032 - 37% of Growth to Originate from APAC -Zscaler, Zecurion, VIPRE SafeSend, Trustifi, Trend Micro, Tessian, Teramind, Spirion, Somansa, SkyGuard, SearchInform, Safetica,
The global data loss prevention market is registering a CAGR of 22.29% during the forecast period. Enterprises worldwide are increasingly adopting better security solutions as part of their digital transformation process, thereby augmenting the market's growth.The rapidly increasing instances of data breaches and other factors, such as DLP-as-a-service, DLP functionalities extending into the cloud, and advanced threat protection, have significantly increased the focus on data loss protection solutions worldwide. As the demand for digital assets increased, there has been a massive growth in the amount of structured and unstructured data, driving the need for data protection services with a strategic focus on data-centric organizations
.Recent Developments
May 2022 - McAfee Corporation conducted its first-ever Global Connected Family Study, surveying 15,500 parents and over 12,000 children in 10 countries to learn how they connect and protect themselves and their loved ones online. The 2022 Connected Family Study reveals stark differences in global attitudes, actions taken by families to protect their loved ones, and how the most vulnerable may be left unprotected.
May 2022 - Broadcom Inc. announced the availability of samples of its complete end-to-end Wi-Fi 7 chipset solutions, which include Wi-Fi routers, residential gateways, enterprise access points, and client devices. These Wi-Fi 7 chips more than double the speed of current Wi-Fi 6 and 6E solutions while providing reliable low-latency communications and an extended range.
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Global Enterprise Data Loss Prevention (DLP) Tools: Top Key Players
Zscaler, Zecurion, VIPRE SafeSend, Trustifi, Trend Micro, Tessian, Teramind, Spirion, Somansa, SkyGuard, SearchInform, Safetica, Nightfall, Netskope, McAfee, InfoWatch, HelpSystems, GTB Technologies, Google, GitGuardian, Forcepoint, Fidelis, Digital Guardian, CoSoSys, Code42, Check Point, Broadcom, Bitglass, BetterCloud, Altitude Networks
Rising Data Breaches and Cyber Attacks Across The World to Drive the Market
The increasing instances of data breaches across multiple industries have leaked millions of consumer data records to hackers and the loss of millions of dollars for numerous impacted companies, which have increased the focus on security solutions across emerging economies.
As businesses worldwide grow, new threats, such as zero-day malware, trojans, and advanced persistent threats, have exposed critical data to risk. This has encouraged organizations to deploy DLP solutions to safeguard their data within endpoints and networks against potential attacks.
The increasing adoption of BYOD trends in organizations has increased the influx of different laptops, desktops, and smartphones, which has created other endpoints vulnerable to attacks. Security measures on their own are not enough to stop them. The massive growth in the adoption of mobile devices across the world is expected to create significant opportunities during the forecast period. According to the Cisco Annual Internet Report, there will be approximately 29.3 billion networked devices by 2023. Smart manufacturing and the smart industry are expected to augment it with the increased adoption of 5G and beyond.
Product types uploaded in the Enterprise Data Loss Prevention (DLP) Tools are:
Cloud Based, On-premises
Key applications of this report are:
SMEs, Large Enterprises
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 violations in the United States has increased marginally over the past few years. The number of data breaches faced by the United States increased from 1,506 breaches in 2017 to 1,826 violations in 2021, according to the ITRC's Data Breach Report 2021.
In addition, the country's increasing number of data breaches in 2021 has impacted around 293.93 million individuals. These increasing data breaches in various industries are expected to be the primary factor driving the demand for data loss prevention solutions during the forecast period.
The healthcare industry in the United States also witnesses many data breaches as health-related data is rushing toward electronic records. This has resulted in an increase in electronic health/medical records, which requires data loss prevention solutions.
In Canada, government organizations are proposing new privacy laws to give individuals more control and transparency into how companies handle personal information. For instance, recent legislative initiatives, such as the Digital Charter Implementation Act, 2020 (Bill C-11), entitled the Consumer Privacy Protection Act (CPPA), and Quebec's Bill 64. Other jurisdictions are also looking to follow by introducing their new laws. These regulations are targeted to provide data protection.
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Competitive Landscape
The intensity of competitive rivalry in the Data Loss Prevention Market is high and is expected to increase during the forecast period. Major companies strongly influence the market in terms of R&D and consolidation activities. Conversely, the market can be characterized by high market penetration and increasing fragmentation levels.
April 2022 - McAfee Corp. launched Personal Data Cleanup in the United States, the company's newest privacy feature addition to its flagship product, McAfee Total Protection. Personal Data Cleanup provides consumers with visibility, guidance, and continuous monitoring to protect themselves from identity thieves, hackers, and spammers by removing their data from some of the web's riskiest data broker sites.
April 2022 - Broadcom Inc. announced "Day One" support for IBM's new z16, expanding opportunities for organizations to gain more value from the company's advanced AI, security, and hybrid cloud solutions. Broadcom's leading technology solutions, services, and innovative "beyond code" software give clients the competitive advantage they need to succeed in an increasingly challenging business environment.
Chapter 1 Toll Like Receptor 8 Introduction and Market Overview
Chapter 2 Executive Summary
Chapter 3 Industry Chain Analysis
Chapter 4 Global Enterprise Data Loss Prevention (DLP) Tools, by Type
Chapter 5 Enterprise Data Loss Prevention (DLP) Tools, by Application
Chapter 6 Global Enterprise Data Loss Prevention (DLP) Tools Analysis by Regions
Chapter 7 North America Enterprise Data Loss Prevention (DLP) Tools Analysis by Countries
Chapter 8 Europe Enterprise Data Loss Prevention (DLP) Tools Analysis by Countries
Chapter 9 Asia Pacific Enterprise Data Loss Prevention (DLP) Tools Analysis by Countries
Chapter 10 Middle East and Africa Enterprise Data Loss Prevention (DLP) Tools Analysis by Countries
Chapter 11 South America Enterprise Data Loss Prevention (DLP) Tools Analysis by Countries
Chapter 12 Competitive Landscape
Chapter 13 Industry Outlook
Chapter 14 Global Enterprise Data Loss Prevention (DLP) Tools Forecast
Chapter 15 New Project Feasibility Analysis
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Report includes Competitor's Landscape:
➊ Major trends and growth projections by region and country
➋ Key winning strategies followed by the competitors
➌ Who are the key competitors in this industry?
➍ What shall be the potential of this industry over the forecast tenure?
➎ What are the factors propelling the demand for the Toll Like Receptor 8?
➏ What are the opportunities that shall aid in significant proliferation of the market growth?
➐ What are the regional and country wise regulations that shall either hamper or boost the demand for Toll Like Receptor 8?
➑ How has the covid-19 impacted the growth of the market?
➒ Has the supply chain disruption caused changes in the entire value chain?
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