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Rising Data Breaches Fuel Demand For Data Loss Prevention Solutions: A Key Catalyst Accelerating Global Data Loss Prevention Market Growth in 2025
Data Loss Prevention
How Large Will the Data Loss Prevention Market Size By 2025?
The market size of data loss prevention has seen significant expansion over the past few years. It is projected to increase from $2.92 billion in 2024 to $3.68 billion in 2025, with a compound annual growth rate (CAGR) of 26.2%. The phenomenal growth recorded in the past is due to factors like escalating data breaches, widespread adoption of cloud computing, advanced cyberattacks, and the relentless growth of data volumes.
How Big Is the Data Loss Prevention Market Size Expected to Grow by 2029?
The market size for data loss prevention is anticipated to witness significant expansion in the coming years, rising to $9.71 billion in 2029 at a compound annual growth rate (CAGR) of 27.5%. The forecasted growth can be ascribed to factors such as an expanding mobile workforce, increased recognition of data protection's significance, continued expansion of managed dlp services, and IoT growth. The forecast period is likely to see trends like zero-trust architecture, data classification and tagging, behavioral analytics, as well as integration with soar.
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Which Key Market Drivers Powering Data Loss Prevention Market Expansion and Growth?
The upward trend in data violation instances is projected to boost the expansion of the data loss prevention market. A data violation is an event where sensitive, confidential, or protected data is handled, shared, or jeopardized without approval. The concept of data loss prevention (DLP) is about recognizing and halting data violations, illicit data mobility, or unintentional damage of crucial information by deploying strategies and technologies to check, prevent, and alleviate the loss or unsanctioned access to delicate data. For instance, the Department for Science, Innovation, and Technology, a state-run department in the UK, stated in April 2024, that a projected 22% of businesses and 14% of charities witnessed cybercriminal activities in the preceding year. These statistics escalate to 45% for medium-sized companies, 58% for larger firms, and 37% for high-income charities. Conversely, of the 50% businesses and 32% charities that reported any type of cybersecurity infringement or assaults, a slight majority (44% of businesses and 42% of charities) eventually suffered from cybercrimes. Consequently, the upward trend in data violation cases is fueling the expansion of the data loss prevention market.
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Which Fast-Growing Trends Are Poised to Disrupt the Data Loss Prevention Market?
Leading businesses in the data loss prevention market are utilizing advanced security solutions supported by generative AI technology to enhance their market profitability. Generative AI systems, which can produce fresh content such as text, images, video, audio, code, or fabricated data, are guided by machine learning algorithms that recognize patterns and structures. For instance, in June 2023, Zscaler Inc., a U.S.-based firm specializing in data loss prevention services, debuted security solutions enriched with generative AI capabilities. Zscaler leverages AI/ML or generative AI on its vast data set to predict potential breaches and recommend strategies to bolster threat detection, prevention, and mitigation.
What Are the Emerging Segments in the Data Loss Prevention Market?
The data loss preventionmarket covered in this report 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
Subsegments:
1) By Managed Security Services: Continuous Monitoring, Incident Response
2) By Training And Education: Security Awareness Training, Compliance Training
3) By Consulting: Risk Assessment, Policy Development
4) By System Integration and Installation: Software Integration, Hardware Installation
5) By Threat And Risk Assessment: Vulnerability Assessment, Threat Analysis
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Who Are the Global Leaders in the Data Loss Prevention Market?
Major companies operating 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.
Which are the Top Profitable Regional Markets for the Data Loss Prevention Industry?
North America was the largest region in the data loss prevention market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in data loss prevention market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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