PUBLISHER: Value Market Research | PRODUCT CODE: 1578193
PUBLISHER: Value Market Research | PRODUCT CODE: 1578193
The global demand for Data Loss Prevention Market is presumed to reach the market size of nearly USD 18.72 Billion by 2032 from USD 2.92 Billion in 2023 with a CAGR of 22.92% under the study period 2024-2032.
Data Loss Prevention, DLP refers to a form of practice, a solution that helps to prevent the misuse of confidential data. It combines various software products that enable an IT professional to find multiple sensitive data, control them at the time of transferring them within and outside the organization and make sure that they do not slip into some unauthorized hands. Network DLP, endpoint DLP and cloud DLP are three main types of data loss prevention solutions. The first one aims to prevent sensitive information from being leaked outside the organization. The second one protects data that is stored in computer systems and save them when the systems are outside of the organization's network. The last one prevents data from cyber-attacks, internal threats, or unintended exposure. DLP services are used in many industries, including government, healthcare, energy, manufacturing, and financial services.
The Data Loss Prevention market is likely to grow at a favorable rate during the forecast period. The increasing focus of organizations worldwide on protecting sensitive data and the need to employ data security measures help the growth of the market. Growing incidents of cyber-attacks and data breaches are another market driver for data loss and prevention solutions. The key players emphasize creating innovative products to withstand the demand. As the concept of digital storage is getting popular, there is an abundance of data found in organizations, and this creates the need for DLP solutions. Organizations worldwide are undergoing digital transformation, and they want to opt for superior data security solutions to enhance their market. Furthermore, with the growing use of mobiles as a means of communication in remote working conditions because of the COVID-19 impact, the vulnerability increases, thus creating the need for data prevention more than before.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of Data Loss Prevention. The growth and trends of Data Loss Prevention industry provide a holistic approach to this study.
This section of the Data Loss Prevention market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Data Loss Prevention market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Data Loss Prevention market include BlackBerry, Broadcom Inc., CheckPoint, Cisco Systems Inc., Citrix Systems, CrowdStrike, Digital Guardian Inc., IBM, Mcafee LLC, Microsoft, Proofprint, SAP SE, Sophos Ltd., VMware Inc. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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