Global Data Loss Prevention Market 2023-2027

Global Data Loss Prevention Market 2023-2027
The data loss prevention market is forecasted to grow by USD 3,247.21 mn during 2022-2027, accelerating at a CAGR of 23.38% during the forecast period. The report on the data loss prevention market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing use of cloud for data storage, increase in cyberattacks across the world, and need to comply with regulatory compliance.

Technavio's data loss prevention market is segmented as below:

By DeploymentCloud-basedOn-premisesBy TechnologyDatacenter or Storage-based DLPEndpoint DLPNetwork DLPBy GeographyNorth AmericaEuropeAPACSouth AmericaMiddle East and AfricaThis study identifies the use of IT analytics for preventing data loss as one of the prime reasons driving the data loss prevention market growth during the next few years. Also, increasing prevalence of shadow IT and increasing adoption of BYOD concept among enterprises will lead to sizable demand in the market.

The report on the data loss prevention market covers the following areas:Data loss prevention market sizingData loss prevention market forecastData loss prevention market industry analysisThe robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading data loss prevention market vendors that include Acronis International GmbH, Aurea Inc., Broadcom Inc., Check Point Software Technologies Ltd., Cisco Systems Inc., CoSoSys Srl, Dell Technologies Inc., Forcepoint LLC, Fortra LLC, GTB Technologies Inc., InfoWatch, McAfee LLC, Open Text Corp., Proofpoint Inc., SearchInform Ltd., Singapore Telecommunications Ltd., Somansa Technologies Inc., Spirion LLC, Trend Micro Inc., and Zecurion Inc.. Also, the data loss prevention market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.