Data Loss Prevention Market Scope
In today’s digital economy there has been an increase in information collected and data is turning into more valuable and vulnerable resources. Where on the other side data breach gains attention for the company as it contains sensitive data stored on the enterprise database on local machine and cloud servers. Nowadays, breaching a company’s data has become simple and easily accessible. Here data loss prevention helps to restrict the network. Data Loss Prevention is a process of ensuring that the end user does not send sensitive data outside the corporate network. This helps to set a security control which helps the organisation to protect their data.
According to AMA, the Global Data Loss Prevention market is expected to see growth rate of 23.59% and may see market size of USD5.21 Million by 2026.
Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Data Loss Prevention market throughout the predicted period.
Cisco Systems (United States), CA Technologies (United States), Clearswift (United Kingdom), Netskope (United States), Digital Guardian (United States), Check Point Software Technologies (Israel), Forcepoint (United States), Zscaler (United States), McAfee (United States), Symantec Corporation (United States) and GTB Technologies, Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Trend Micro Incorporated (Japan), Absolute Software Corporation (Canada), Proofpoint Inc. (United States), Gemalto NV (Netherland), Sophos Group PLC (United Kingdom), Drainware (Spain), Trustwave Holdings Inc. (United States) and Zecurion (United States).
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
The study have segmented the market of Global Data Loss Prevention market , by Application (Encryption, Centralized Management, Policy, Standards & Procedures, Web & Email Protection, Cloud Storage and Incident Response & Workflow Management) and Region with country level break-up.
On the basis of geography, the market of Data Loss Prevention has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2020.
In May 2018, Symantec Corporation, the leading global cybersecurity company, announced the inauguration of a new privacy research centre. The new location effort is two-fold which give consumers greater control over their personal data and their online footprints and to offer governments and corporations additional tools to help them be responsible custodians of data they handle.
- Need for Lower Operational Expenditure (OPEX)
- Increasing Cases of Organizational Data Losses across the World
- Growing Usage of Mobile Devices
- Need for Protecting the Critical Data Stored In the Cloud Environment
- Increasing Risks of Data Security And Safety
- Enhanced Solutions for Small Businesses and Large Enterprises
- Disappointment in Current Defence Mechanism
- Concern Related To the Performance of Data Loss Prevention Solutions
- Lack of Awareness about DLP Solutions
- Deployment-Related Challenges
Key Target AudienceData Protection Solution Providers, DLP Vendors, Security Solution Vendors, Csps, Isvs, System Integrators, Research Organizations, Consulting Companies and Government Agencies