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Data Loss Prevention Market Size, Share 2020 Trends, Market Size & Growth, Segmentation, Future Demands, Latest Innovation and Sales Revenue
Japan, Japan, Mon, 18 Jan 2021 06:06:39 / Comserve Inc. / — The report offers overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
The data loss prevention market was valued at USD 1.21 billion in 2019 and is expected to reach USD 3.75 billion by 2025, at a CAGR of 23.59% over the forecast period 2020 – 2025. Data loss prevention (DLP) solutions are gaining traction, as enterprises are looking for different ways to reduce the risk of data leakage to external entities. – The incidences of data breaches are increasing in magnitude each day, globally. Breaches and persistent cyber-attacks are among the significant factors driving the adoption of DLP. – Technology providers are developing automated solutions that enable enterprises to counter the rising number and sophistication of attackers. The providers of DLP solutions integrated new safety features regarding cloud storage and online file storage services to help prevent data leaks. – A large amount of sensitive data is being shared across the cloud storage platforms. Hence, the companies offering DLP solutions integrated to cloud storage are expected to attract more buyers, owing to their additional functionalities. – However, the lack of awareness about DLP solutions and performance concerns are restricting the organisation from adopting the technology. Scope of the Report The DLP solution ensures a secure data transaction for various organisations. The scope of the study is limited to the types of on-premise and cloud-based DPL solutions and their wide range of end-user applications globally. Click Here to Download Sample Report >> https://www.sdki.jp/sample-request-82974
Key Market Trends Healthcare Industry to Witness Significant Growth – The technological advancement in components such as sensors and their application in healthcare is opening doors for the adoption of industry 4.0 and data analytics. Hence, digital transformation is taking place rapidly. – According to a survey by HIMSS, 60% of the healthcare organizations use the cloud for backup and data recovery. Also, 51% are using the cloud for its core clinical operations and data. – Therefore, health-related data are moving more and more from paper to electronic records, determining changes in how healthcare organizations processing healthcare records are managing and protecting the confidential data today. This has resulted in an increase in electronic health/medical records which will require data loss prevention. North America to Account for the Largest Market Share – The dominance of North America in the market studied can be attributed to the early and robust adoption of Big Data and cloud technologies. However, the region has an advanced infrastructure capability, thus leading to the most significant revenue generation, in the market studied. – In 2018, 1,244 data breach incidences were recorded only in the United States with 446.52 million records exposed (126% rise from the previous year). The rise in the number of cyber-attacks and the need to protect data are boosting the demand for DLP (data loss prevention) solutions, across various businesses. – Moreover, the enactment of stringent government initiatives to enhance the security of customer information is projected to boost the growth of the North American segment, over the forecast period. – The US Health Insurance Portability and Accountability Act (HIPAA) applies to the patient health information, and states such as Massachusetts have enacted the rules covering all companies that hold personally identifiable information of the state residents. Competitive Landscape The trend of the data loss prevention market is more towards being concentrated with the presence of a few dominating players in the market. Also, vendors in the market are investing heavily to create a significant impact among others in the market. – May 2019 – Trend Micro launched new cloud and container security solutions. It is the complete security from a single solution protecting across cloud and container workloads. This will elevate protection across the entire DevOps lifecycle and runtime stack. – Oct 2018 – Cisco Inc. announced the acquisition of Duo Security, a cloud-based tools provider to prevent security breaches. Duo's technology is a highly strategic addition to Cisco's portfolio and will extend its intent-based networking into multi-cloud environments. Reasons to Purchase this report: – The market estimate (ME) sheet in Excel format – Report customization as per the client's requirements – 3 months of analyst support Request For Full Report >> https://www.sdki.jp/sample-request-82974
1 INTRODUCTION 1.1 Study Deliverables 1.2 Study Assumptions 1.3 Scope of the Study 2 RESEARCH METHODOLOGY 3 EXECUTIVE SUMMARY 4 MARKET DYNAMICS 4.1 Market Overview 4.2 Market Drivers 4.2.1 Rising Data Breaches and Cyber Attacks Across the Globe 4.2.2 Increasing Compliance and Regulatory Demands 4.3 Market Restraints 4.3.1 Lack of Awareness 4.4 Value Chain Analysis 4.5 Industry Attractiveness – Porter's Five Force Analysis 4.5.1 Threat of New Entrants 4.5.2 Bargaining Power of Buyers/Consumers 4.5.3 Bargaining Power of Suppliers 4.5.4 Threat of Substitute Products 4.5.5 Intensity of Competitive Rivalry 5 MARKET SEGMENTATION 5.1 By Deployment 5.1.1 On-premise 5.1.2 Cloud-based 5.2 By Solution 5.2.1 Network DLP 5.2.2 Endpoint DLP 5.2.3 Datacenter/Storage-based DLP 5.2.4 Cloud DLP 5.3 By End-user Industry 5.3.1 IT and Telecommunication 5.3.2 BFSI 5.3.3 Government 5.3.4 Healthcare 5.3.5 Manufacturing 5.3.6 Retail and Logistics 5.3.7 Other End-user Industries 5.4 Geography 5.4.1 North America 5.4.1.1 United States 5.4.1.2 Canada 5.4.2 Europe 5.4.2.1 Germany 5.4.2.2 United Kingdom 5.4.2.3 France 5.4.2.4 Rest of Europe 5.4.3 Asia-Pacific 5.4.3.1 China 5.4.3.2 Japan 5.4.3.3 India 5.4.3.4 Rest of Asia-Pacific 5.4.4 Latin America 5.4.5 Middle East & Africa 6 COMPETITIVE LANDSCAPE 6.1 Company Profiles 6.1.1 Symantec Corporation 6.1.2 CA Technologies 6.1.3 Trend Micro Incorporated 6.1.4 GTB Technologies Inc. 6.1.5 Cisco Systems Inc. 6.1.6 Digital Guardian, Inc. 6.1.7 Forcepoint LLC 6.1.8 McAfee LLC 6.1.9 Zecurion 6.1.10 Absolute Software Corporation 6.1.11 Proofpoint, Inc. 6.1.12 Gemalto N.V.
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