The global GDPR services market reached a value of US$ 1.61 Billion in 2021. Looking forward, the publisher expects the market to reach a value of US$ 5.88 Billion by 2027 exhibiting a CAGR of 23.50% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
General Data Protection Regulation (GDPR) services refer to various advanced solutions that aid organizations in complying with the European Union (EU) GDPR. They involve the evaluation of areas, such as document lifecycle, encryption and data backup, GDPR readiness assessment, risk assessment, data protection impact assessment (DPIA), followed by planning and implementation of concrete IT solutions in business operations. They assist enterprises in protecting the personal data and privacy of all EU citizens for transactions occurring within EU member states. In recent years, GDPR services have rapidly gained traction as they help businesses fulfill the GDPR requirements effectively to avoid hefty fines and legal issues.
General Data Protection Regulation (GDPR) services refer to various advanced solutions that aid organizations in complying with the European Union (EU) GDPR. They involve the evaluation of areas, such as document lifecycle, encryption and data backup, GDPR readiness assessment, risk assessment, data protection impact assessment (DPIA), followed by planning and implementation of concrete IT solutions in business operations. They assist enterprises in protecting the personal data and privacy of all EU citizens for transactions occurring within EU member states. In recent years, GDPR services have rapidly gained traction as they help businesses fulfill the GDPR requirements effectively to avoid hefty fines and legal issues.
GDPR Services Market Trends:
The rising need for organizations to comply with GDPR implemented by the EU represents the primary factor driving the market growth. Additionally, the continuous generation of vast amounts of data has strengthened the need for enhanced data security and privacy. This, in confluence with the widespread prevalence of cybersecurity attacks across the globe, is catalyzing the demand for GDPR services. Furthermore, the escalating demand for data processing transparency to improve security service delivery and organizational reputation is propelling the market growth. Besides this, the growing number of individuals working remotely due to the recent coronavirus disease (COVID-19) outbreak and the implementation of stringent data privacy regulations by governments of various countries are encouraging the adoption of GDPR services. Moreover, several leading players are launching innovative GDPR solutions to expand their customer base and maintain a competitive edge in the market. Other factors, including the rapid digitization, rising cloud adoption, increasing penetration of the Internet of Things (IoT) devices, and technological advancements, are also creating a positive market outlook.Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global GDPR services market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on offering, deployment type, organization size and end user.Breakup by Offering:
- Data Management
- Data Discovery and Mapping
- Data Governance
- API Management
Breakup by Deployment Type:
- On-premises
- Cloud-based
Breakup by Organization Size:
- Large Enterprises
- Small and Medium-sized Enterprises
Breakup by End User:
- BFSI
- Retail
- Healthcare
- Education
- Manufacturing
- Government and Public Sector
- 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
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Absolute Software Corporation, Amazon Web Services Inc., Capgemini SE, International Business Machines Corporation, Informatica, Iron Mountain Inc., Micro Focus International PLC, Microsoft Corporation, Oracle Corporation, Proofpoint Inc., SAP SE, Trustwave Holdings Inc. (Singapore Telecommunications Limited) and Veritas Technologies LLC.Key Questions Answered in this Report:
- How has the global GDPR services market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global GDPR services market?
- What are the key regional markets?
- What is the breakup of the market based on the offering?
- What is the breakup of the market based on the deployment type?
- What is the breakup of the market based on the organization size?
- What is the breakup of the market based on the end user?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global GDPR services market and who are the key players?
- What is the degree of competition in the industry?
Frequently Asked Questions about the Global GDPR Services Market
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Report Attribute | Details |
---|---|
No. of Pages | 145 |
Published | February 2022 |
Forecast Period | 2021 - 2027 |
Estimated Market Value ( USD | $ 1.61 Billion |
Forecasted Market Value ( USD | $ 5.88 Billion |
Compound Annual Growth Rate | 24.1% |
Regions Covered | Global |
No. of Companies Mentioned | 13 |
Table of Contents
1 Preface3 Executive Summary12 Value Chain Analysis14 Price Analysis
2 Scope and Methodology
4 Introduction
5 Global GDPR Services Market
6 Market Breakup by Offering
7 Market Breakup by Deployment Type
8 Market Breakup by Organization Size
9 Market Breakup by End User
10 Market Breakup by Region
11 SWOT Analysis
13 Porters Five Forces Analysis
15 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- Absolute Software Corporation
- Amazon Web Services Inc.
- Capgemini SE
- International Business Machines Corporation
- Informatica
- Iron Mountain Inc.
- Micro Focus International PLC
- Microsoft Corporation
- Oracle Corporation
- Proofpoint Inc.
- SAP SE
- Trustwave Holdings Inc. (Singapore Telecommunications Limited)
- Veritas Technologies LLC.
Methodology
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