What is Data Extrusion?
Data extrusion may be hand-operated and took out by someone with physical access to a computer or it may be automated and carried out through malicious programming over a network. Data extrusion is a security break that happens when an organization's sensitive data is duplicated, moved, or recovered from a PC or worker without approval to an area controlled by a threat actor. For instance, in October 2020, the United kingdoms Information Commissioner’s Office (ICO) seized British Airways (BA) USD 28 million after thieves Extrusion customers’ data, including credit card numbers, and personal details names, address. This large data crime started in June 2018, when criminals installed malicious code on BA’s website. The ICO held BA fully responsible for the crime, which affected over 400,000 customers. Besides, the growing adoption of data extrusion arrangement in the medical services industry is fuelling the data extrusion market. Aside from this, development in friendly, portable, and distributed computing are speeding up the interest for data extrusion arrangements.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Symantec (United States), McAfee (United States), Palo Alto Networks (United States), Fortinet (United States), Clearswift (United Kingdom), CoSoSys (Romania), Cisco (United States), GTB Technologies (United States) and Zscaler (United States) |
The study covers a detailed analysis segmented by key business segments i.e. by type (Data Extrusion Prevention Techniques, Data Extrusion Detection and Response and Industry-Specific Data Extrusion) , by application (Data Loss Prevention (DLP) Tools, Intrusion Detection/Prevention Systems (IDS/IPS) and Encryption Software) and major geographies. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Data Extrusion market throughout the predicted period.
The competition is expected to become even more intense in the years to come due to the entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Data Extrusion market report suggests strategies that Players can follow and highlights key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Players, some of them are Symantec (United States), McAfee (United States), Palo Alto Networks (United States), Fortinet (United States), Clearswift (United Kingdom), CoSoSys (Romania), Cisco (United States), GTB Technologies (United States) and Zscaler (United States).
Market Overview:
In March 2022 McAfee Corp. a global leader in online protection, today announced the completion of its acquisition by an investor group led by Advent International Corporation (“Advent”) and funds advised by Permira, Crosspoint Capital Partners L.P.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Influencing Trend:
Demand for the cloud-based solutions
Market Growth Drivers:
Exponential Growth in the Volumes of Enterprise Data and the Need for Data Exfiltration Prevention Solutions and Increasing Incidents of Data Loss in the On-Premises Environment
Challenges:
Lack of skilled professionals and lack of Awareness of advanced cyber threats
Restraints:
Compatibility Issues Between On-Premises Applications and the Cloud Environment
Opportunities:
The increasing usage of mobile applications is also creating potential opportunities for the data extrusion market.
Key highlights of the Global Data Extrusion market Study:
CAGR of the market during the forecast period 2022-2028
In-depth information on growth factors that will accelerate the Data Extrusion market in next few years.
Detailed Insights on futuristic trends and changing consumer behavior
Forecast of the Global Data Extrusion market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Players
Comprehensive information about factors that will challenge the growth of Data Extrusion Players
Transformation and Important Triggers:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Data Extrusion market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, and SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Data Extrusion market.
In order to make a priority list sorting is done based on revenue generated based on the latest reporting, using paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes New Entrants/Investors, Analysts and Strategic Business Planners, Data Extrusion Provider, Government Regulatory and Research Organizations and End-Use Industry.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases, etc.