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Rising Cyberattacks Boost General Data Protection Regulation Services Market : A Key Driver Powering General Data Protection Regulation Services Market Growth In 2025
General Data Protection Regulation Services
What Is the Current General Data Protection Regulation Services Market Size and Its Estimated Growth Rate?
The market size for services related to general data protection regulation has seen a substantial expansion over the last few years. The predicted growth is from $2.39 billion in 2024, elevating to $2.91 billion in 2025 which shows a compound annual growth rate (CAGR) of 22.0%. The growth throughout this historical duration was propelled by factors such as rising concerns about data privacy and security infringements, the globalization and trans-border transfer of data, growing digitalization of business operations, the acknowledged necessity for uniform data protection regulations and a number of high-profile data violation incidents further attracting regulatory scrutiny.
In the coming years, the general data protection regulation services market is projected to witness substantial growth, reaching $7.2 billion in 2029 with a compound annual growth rate (CAGR) of 25.4%. The surge in growth during the projected period is due to factors such as changes in regulatory policies and enforcement procedures, sustained growth in data-centric technologies, heightened awareness and focus on individual privacy rights, increased implementation of cloud computing and data analytics, and the growing use of mobile devices. Anticipated trends for the projected period encompass the development of enhanced encryption and data protection technologies, the incorporation of privacy by design concepts in software creation, the rise of data protection impact assessments as a norm, the broadening scope of GDPR compliance services to include emerging technologies, and an uptick in demand for third-party GDPR compliance auditing and certification.
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How Are Emerging Segments Shaping the General Data Protection Regulation Services Market Landscape?
The general data protection regulation services market covered in this report is segmented -
1) By Type of Deployment: On-Premise, Cloud
2) By Offering: Data Management, Data Discovery And Mapping, Data Governance, API Management
3) By Organization Size: Large Enterprises, Small And Medium-Sized Enterprises
4) By End User: Banking, Financial Services, And Insurance (BFSI), Telecom And IT, Retail And Consumer Goods, Healthcare And Life Sciences, Manufacturing, Other End-User Industries
Subsegments:
1) By On-Premise: In-House GDPR Compliance Solutions, On-premise Data Management Tools
2) By Cloud: Cloud-Based GDPR Compliance Solutions, SaaS GDPR Tools, Managed Cloud Services For GDPR
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Which Growth Factors Are Influencing General Data Protection Regulation Services Market Expansion?
Due to the rising number of cyberattacks, the general data protection regulation services market is expected to see substantial growth. A cyber-attack, an unauthorized attempt to infiltrate a computer or network intending to inflict harm, potentially allows hackers to access individuals' or companies' financial accounts using sensitive information, among other destructive actions. General Data Protection Regulation services (GDPR) offer a secure solution for safeguarding sensitive data from unapproved access, theft, or unwarranted exposure. For example, the Australian Cyber Security Centre, a cybersecurity agency based in Australia, reported receiving 76,000 instances of cybercrime in 2022, which reflects a 13% increase from the previous year, as per the data from February 2023.
Who Are the Dominant Players Across Different General Data Protection Regulation Services Market Segments?
Major companies operating in the general data protection regulation services market include International Business Machines Corporation, Veritas Technologies LLC, Amazon Web Services Inc., Microsoft Corporation., Micro Focus International plc, Absolute Software Corporation, Capgemini SE, Informatica Inc., Iron Mountain Incorporated, Mimecast Services Limited, Oracle Corporation., Proofpoint Inc., SAS Institute Inc., Varonis Systems Inc., Talend Inc., Trustwave Holdings Inc., Dun & Bradstreet Inc., Protegrity Inc., OneTrust LLC, TrustArc Inc., SurfShark Ltd., Data Protection Agency, Symphony Technologies Pvt. Ltd., HCL Technologies Ltd., accenture* Plc, Baker & McKenzie International, Deloitte Touche Tohmatsu Limited, Ernst & Young Global Limited, Klynveld Peat Marwick Goerdeler., PricewaterhouseCoopers., SAP SA
What Are the Latest Developing Trends in the General Data Protection Regulation Services Market?
The surge in the trend towards embracing innovative and state-of-the-art technology is a significant trend emerging in the general data protection regulation services market. Prominent firms in the general data protection regulation services market have prioritized the development of new tech solutions to consolidate their market position. For instance, GhangorCloud, a cybersecurity solutions company based in the U.S, rolled out a new platform called CAPE (Compliance and Privacy Enforcement) in July 2022. CAPE is a ground-breaking integrated compliance and data privacy solution that offers patented intelligent automation, ensuring consumer data privacy requirements are met in a cost-effective manner. The platform leverages the capabilities of AI and includes an eDiscovery engine, which independently identifies and classifies content, then produces privacy enforcement policies without human intervention. CAPE provides real-time automation for an array of tasks including data discovery, compliance, and privacy enforcement, efficiently tackling the issues linked to modern data compliance and privacy systems to ensure responsive and precise operations.
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Which Geographic Regions Are Expected to Dominate the General Data Protection Regulation Services Market in the Coming Years?
North America was the largest region in the general data protection regulation services market in 2024.North America is expected to be the fastest-growing region in the forecast period. The regions covered in the general data protection regulation services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the General Data Protection Regulation Services Market?
2. What is the CAGR expected in the General Data Protection Regulation Services Market?
3. What Are the Key Innovations Transforming the General Data Protection Regulation Services Industry?
4. Which Region Is Leading the General Data Protection Regulation Services Market?
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