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.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Largest Market | North America |
Unit | Value (USD Million) |
Key Companies Profiled | 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) |
CAGR | 23.59% |
"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 2028."The key manufacturers are targeting the innovations of the products with better quality, and better technical characteristics, and also assist in providing and humanizing the after-sale service to the consumers. The key players are probable to keep a stronghold on the market over the anticipated period. The key players are accepting strategic decisions and are thinking about mergers and acquisitions to maintain their presence in the market 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).
About Approach
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 the total available market.
Segmentation Overview
The study have segmented the market of Global Data Loss Prevention market by Type , 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 2022.
Market Leaders and their expansionary development strategies
In August 2023, Forcepoint acquired CoSoSys, a data encryption and endpoint DLP provider. This acquisition enhances Forcepoint's data protection capabilities and broadens its reach in the enterprise market.
Influencing Trend:
Need for Lower Operational Expenditure (OPEX)
Market Growth Drivers:
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 and Increasing Risks of Data Security And Safety
Challenges:
Deployment-Related Challenges
Restraints:
Concern Related To the Performance of Data Loss Prevention Solutions and Lack of Awareness about DLP Solutions
Opportunities:
Enhanced Solutions for Small Businesses and Large Enterprises and Disappointment in Current Defence Mechanism
Key Target Audience
Data Protection Solution Providers, DLP Vendors, Security Solution Vendors, Csps, Isvs, System Integrators, Research Organizations, Consulting Companies and Government Agencies