About Data Leakage Prevention Product
Data leakage prevention product is that the application, that monitors, detects, and blocks the potential threats and doesn't permit unauthorized access to the {information} like monetary information, corporate business deals, and important knowledge needed for business operations. The global data leakage prevention product market is anticipated to register substantial growth within the near future, attributed to inflated cloud-based applications, inflated IT expenditure, and digitalization of business processes. However, factors such as cybersecurity threats, and high initial investment, and lack of awareness are expected to limit the expansion of the market.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Data Leakage Prevention Product is fragmented. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Data Leakage Prevention Product market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Forcepoint (United States), McAfee L (United States), LCMimecast (United Kingdom), IOTAP (United States), Sophos Technologies Pvt. Ltd (United Kingdom), Safetica Technologies (Czech Republic) and Symantec Corporation (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are VERACODE (United States), Zscaler (United States) and Zecurion (United States).
Segmentation Overview
AMA Research has segmented the market of Global Data Leakage Prevention Product market by Type (Network DLP, Endpoint DLP and Others), Application (Email Leakage Prevention, Web Leakage Prevention, Encrypted Protocol Leakage Prevention and Others) and Region.
On the basis of geography, the market of Data Leakage Prevention Product 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). If we see Market by Deployment Type, the sub-segment i.e. Cloud will boost the Data Leakage Prevention Product market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Categories, the sub-segment i.e. Enterprise DLP will boost the Data Leakage Prevention Product market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
DLP Solutions Have Been Heavily Utilized in Regulated Industries and Growing Volume of Big Data Across the Business Eco-System Is Gaining Maturity
Market Growth Drivers:
The Increasing Instances of Data Breaches, The Increasing Need for Protection and Digital Transformation Is Taking Place Rapidly
Challenges:
Lack Of Awareness and Lack Of Skilled Personnel to Use the Product
Restraints:
Cyber Security Threats and High Initial Investment for The Product
Opportunities:
Increasing Technological Advances.
Market Leaders and their expansionary development strategies
In Sep-2023: Cisco Systems, Inc. came into an agreement with Splunk Inc., an American software company that produce software for searching, monitoring, and analyzing machine generated data. Under this agreement Cisco aims to acquire Splunk's Inc. and combine its capabilities with cisco existing portfolio to deliver a next generation AI-enabled security services that provide leading security analytics and coverage from devices to applications to clouds.
In April 2023 Global security leader Forcepoint today extended the depth and breadth of its Data-first SASE (Secure Access Service Edge) offering with the launch of Forcepoint Data Security Everywhere. Forcepoint is simplifying enterprise DLP management across cloud, web and private apps and streamlining compliance wherever hybrid workers store, access and use confidential information.
Key Target Audience
Providers of Data Leakage Prevention Product, New Entrants and Investors, Data Leakage Prevention Product Developers, Governmental and Regulatory bodies and End-Users
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.