The Business Research Company’s Data Loss Prevention Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Data Loss Prevention Global Market Report 2023 evaluates data loss prevention market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global data loss prevention market is expected to grow from the data loss prevention market size has grown exponentially in recent years. It will grow from $2.3 billion in 2023 to $2.92 billion in 2024 at a compound annual growth rate (CAGR) of 27.0%. The growth in the historic period can be attributed to increasing data breaches, rising adoption of cloud computing, growing sophistication of cyberattacks, increasing data volumes.The data loss prevention market size is expected to see exponential growth in the next few years. It will grow to $7.6 billion in 2028 at a compound annual growth rate (CAGR) of 27.1%.
The surge in data breach cases is expected to propel the growth of the data loss prevention market going forward. A data breach is an incident in which sensitive, confidential, or protected information is accessed, disclosed, or compromised without authorization. Data loss prevention (DLP) is the practice that involves identifying and stopping data breaches, unauthorized data movement, or the unintended destruction of sensitive information by implementing strategies and technologies to detect, prevent and mitigate the loss or unauthorized access of sensitive data. For instance, in January 2022, according to the Identity Theft Resource Center, a US-based nonprofit organization, the total count of data breach cases accounted for 1,862 in 2021 and has risen by over 68% compared to 2020. Therefore, the surge in data breach cases is driving the growth of the data loss prevention market.
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The data loss prevention market segments in the report are:
1) By Service: Managed Security Services, Training And Education, Consulting, System Integration And Installation, Threat And Risk Assessment
2) By Solution: Network Data Loss Prevention, Endpoint Data Loss Prevention, Datacenter Or Storage-Based Data Loss Prevention
3) By Deployment: On-Premises, Cloud-Based
4) By End-User Industry: Information Technology (IT) And Telecommunication, Banking, Financial Services And Insurance (BFSI), Government, Healthcare, Manufacturing, Retail And Logistics, Other End-User Industries
The table of contents in TBRC’s data loss prevention market report includes:
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