Data Loss Prevention Market 2023: Overview, Analysis, Trends, Share and Future Scope 2028

According to the latest report by IMARC Group, titled “Global Data Loss Prevention Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” The global data loss prevention market size reached US$ 1.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 6.0 Billion by 2028, exhibiting a growth rate (CAGR) of 21.6% during 2023-2028.

Data loss prevention (DLP) represents a set of tools and processes used to detect and stop data breaches, exfiltration, and unauthorized access to sensitive data. It usually classifies regulated, confidential, and business-critical data, monitors and controls endpoint activities, clears data streams on corporate networks, manages data in the cloud, etc. In line with this, DLP also aids in meeting compliance and auditing requirements and determining the areas of weakness and anomalies for forensics and incident response. Consequently, organizations are relying on data loss prevention to safeguard their data and comply with relevant regulations.

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Global Data Loss Prevention Market Trends:                                                                      

The widespread adoption of DLP software that assists organizations in defending against illicit data leakage and transfer is among the key factors stimulating the data loss prevention market. Moreover, it is also utilized by small and medium-sized enterprises (SMEs) to achieve data visibility, secure personally identifiable information (PII), apply security in bring your own device (BYOD) environment, etc., which is acting as another significant growth-inducing factor. Besides this, the inflating need for remote working models, owing to the sudden outbreak of the COVID-19 pandemic, is positively influencing the global market. Furthermore, the escalating demand for data loss prevention in the healthcare sector to secure protected health information (PHI), as hospitals collect and store a remarkable amount of personal and medical data and intellectual property (IP), is catalyzing the market growth. Apart from this, the rising utilization of online banking services is anticipated to fuel the data loss prevention market over the forecasted period.

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Global Data Loss Prevention Market 2023-2028 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Absolute Software Corporation, Broadcom Inc., Cisco Systems Inc., Digital Guardian (HelpSystems LLC), Forcepoint, Gtb Technologies Inc., McAfee Corp., Proofpoint Inc., Thales Group, Trend Micro Inc., Trustwave Holdings (Singapore Telecommunications Limited) and Zecurion.

The report has segmented the market on the basis on region, disc type, material type and end user.

Breakup by Type:

·      Data Center DLP

·      Endpoint DLP

·      Network DLP

Breakup by Services:

• Managed Security Services
• Training and Education
• Consulting
• System Integration and Installation
• Threat and Risk Assessment

Breakup by Size:

·         Large Enterprises

·         Small and Medium-sized Enterprises

Breakup by Deployment Type:

·         On-premises

·         Cloud Data Loss Protection

Breakup by Application:

• Cloud Storage
• Encryption
• Policy Standards and Procedures
• Web and Email Protection
• Others

Breakup by Industry:

·         Healthcare

·         Retail and Logistics

·         Defense and Intelligence

·         Public Utilities and Government Bodies

·         BFSI

·         IT and Telecom

·         Others

Breakup by Region:

• North America
• United States
• Canada
• Asia-Pacific
• China
• Japan
• India
• South Korea
• Australia
• Indonesia
• Others
• Europe
• Germany
• France
• United Kingdom
• Italy
• Spain
• Russia
• Others
• Latin America
• Brazil
• Mexico
• Others
• Middle East and Africa

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Key highlights of the report:

• Market Performance (2016-2021)
• Market Outlook (2023-2028)
• Porter’s Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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