Press release
Data Loss Prevention Global Market Size is Expected to Grow $7.6 Billion By 2028 | Key Players: Microsoft Corporation, Cisco Systems Inc., Broadcom Inc., SAP SE, BAE Systems PLC
Data Loss Prevention Market
The Business Research Company's Data Loss Prevention Global Market Report 2023 identifies the surge in data breach cases is expected to propel the growth of the data loss prevention market going forward. A data breach is an incident in which sensitive, confidential, or protected information is accessed, disclosed, or compromised without authorization.
The data loss prevention market size has grown exponentially in recent years. It will grow from $2.3 billion in 2023 to $2.92 billion in 2024 at a compound annual growth rate (CAGR) of 27.0%. The growth in the historic period can be attributed to increasing data breaches, rising adoption of cloud computing, growing sophistication of cyberattacks, increasing data volumes. The data loss prevention market size is expected to see exponential growth in the next few years. It will grow to $7.6 billion in 2028 at a compound annual growth rate (CAGR) of 27.1%.
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Major players in the data loss prevention market are Microsoft Corporation, International Business Machines Corporation (IBM), Cisco Systems Inc., Broadcom Inc., SAP SE, BAE Systems PLC, Thales Group, VMware Inc., Fortinet, Citrix Systems Inc., Check Point Software Technologies Ltd., Trend Micro Inc., CrowdStrike Holdings Inc., Proofpoint Inc. , RSA Security LLC, BlackBerry Ltd., Forcepoint LLC, Idera Inc., Trustwave Holdings Inc., McAfee Inc., Sophos Ltd., CA Technologies Inc., Netskope Inc., CoSoSys Ltd., Code Green Networks Inc., Zecurion DLP, Avanan Inc., GTB Technologies Inc.
Rapidly evolving cyberthreat act as a challenge that could impede the market's growth over the forecast period. Cyber threats are becoming more complex and sophisticated, making it more difficult for data loss prevention solutions to detect and prevent them.
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The Data Loss Prevention market is segmented -
1) By Service: Managed Security Services, Training And Education, Consulting, System Integration And Installation, Threat And Risk Assessment
2) By Solution: Network Data Loss Prevention, Endpoint Data Loss Prevention, Datacenter Or Storage-Based Data Loss Prevention
3) By Deployment: On-Premises, Cloud-Based
4) By End-User Industry: Information Technology (IT) And Telecommunication, Banking, Financial Services And Insurance (BFSI), Government, Healthcare, Manufacturing, Retail And Logistics, Other End-User Industries
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Data Loss Prevention market.
The Business Research Company's "Global Data Loss Prevention Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Data Loss Prevention Market Include:
1. Executive Summary
2. Data Loss Prevention Market Characteristics
3. Data Loss Prevention Market Trends And Strategies
4. Data Loss Prevention Market - Macro Economic Scenario
5. Data Loss Prevention Market Size And Growth
……
27. Data Loss Prevention Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Data Loss Prevention Market
29. Data Loss Prevention Market Future Outlook and Potential Analysis
30. Appendix
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