Data Loss Prevention Market to be Worth $9.33 Billion by 2030: Grand View Research, Inc.

Grand View Research, Inc. predicts the global data loss prevention market will reach USD 9.33 billion by 2030 and grow at a 22.3% CAGR from 2023 to 2030. Data protection requires data loss prevention (DLP) technology.

Data discovery, policy enforcement, classification, monitoring, and incident response are typical. Depending on the organisation, DLP software is deployed on-premises or in the cloud.

User and Entity Behaviour Analytics, Cloud Access Security Brokers (CASBs), Artificial Intelligence, Machine Learning, Security Information and Event Management (SIEM), and DLP solutions help organisations improve data security, reduce risks, and protect sensitive data.

Key Industry Insights & Findings from the report:

  • The endpoint DLP segment is anticipated to observe a CAGR of 23.8% during the forecast period. Endpoint DLP solutions offer organizations greater visibility into the data transfer process and endpoint user activity. They provide centralized control interfaces for tracking and implementing data security policies across multiple devices.

  • The managed security services segment is anticipated to observe a CAGR of 24.6% during the forecast period. Managed security service providers utilize security analytics and reporting solutions to gain valuable insights from DLP data. They generate insights on incident trends, policy violations, and user behavior patterns, providing organizations with vital information.

  • The cloud-based segment is anticipated to observe a CAGR of 23.3% during the forecast period. Cloud-based DLP solutions prevent unauthorized access, data leakage, and data theft. Huge volumes of private data, including financial records, intellectual property, and consumer information, are handled via cloud systems which helps organizations to maintain control over data.

  • Small and Medium-sized Enterprises (SMEs) are anticipated to observe a CAGR of 23.2% during the forecast period. DLP solutions for SMEs provide faster setup, user-friendly interfaces, and economical pricing models. These solutions are scalable and can be adjusted to SMEs' specific needs and budgets, ensuring effective data protection while minimizing resource requirements.

  • The policy, standards and procedures segment is anticipated to observe a CAGR of 26.3% during the forecast period. Policy standards and regulatory scrutiny play a crucial role which helps in mitigating malicious attacks. A data loss prevention policy is essential to comply with reporting facts and data regulation in compliance audits.

  • The manufacturing segment is anticipated to observe a CAGR of 25.9% during the forecast period. Manufacturing companies employ a huge number of individuals that work with sensitive data on a regular basis. DLP solutions enforce data handling policies, prohibit illegal data transfers or downloads, and detect suspicious or unauthorized employee access attempts.

  • Asia Pacific region is expected to grow with the fastest CAGR of 24.6% from 2023 to 2030. Due to its massive population, expanding economies, and substantial digital infrastructure, the Asia Pacific region is a prominent target for cybercriminals. Ransomware, phishing attacks, and insider threats pose serious concerns to organizations in the region. DLP aids in the detection and prevention of these threats by monitoring data flows, analyzing user behavior, and performing risk-mitigation rules.

Cloud computing makes data protection harder. DLP solutions for cloud services help organisations enforce policies, track data access, and prevent data leakage. Remote work and BYOD have increased data loss and attack surface. Data loss prevention (DLP) solutions help companies secure data across remote endpoints in a distributed work environment.

Mobile devices' portability and connectivity pose data security issues. Organisations need mobile DLP solutions with secure content sharing, mobile application security, and data loss prevention. DLP helps companies meet data security and legal requirements.

They enforce industry- and data-compliant security standards. DLP solutions provide compliance and security to keep data safe and avoid legal and financial issues.

As quantum computing technology advances, DLP solutions will incorporate quantum-resistant encryption. Quantum-safe DLP protects data even when powerful quantum computers eliminate conventional encryption methods. In the future, DLP will include machine learning, AI, cloud security, and privacy-enhancing technologies. DLP solutions will adapt to new challenges to protect sensitive data and data security in the digital age.

Data Loss Prevention Market Segmentation 

Grand View Research has segmented the global data loss prevention market based on software, services, deployment, enterprise size, application, end-use, and region

Data Loss Prevention (DLP) Market - Software Outlook (Revenue, USD Billion, 2018 - 2030)

  • Network DLP

  • Endpoint DLP

  • Data Center/Storage based DLP

Data Loss Prevention (DLP) Market - Services Outlook (Revenue, USD Billion, 2018 - 2030)

  • Managed Security Services

  • Consulting Services

  • Others

Data Loss Prevention (DLP) Market - Deployment Outlook (Revenue, USD Billion, 2018 - 2030)

  • On-premises

  • Cloud-based

Data Loss Prevention (DLP) Market - Enterprise Size Outlook (Revenue, USD Billion, 2018 - 2030)

  • Small And Medium Enterprise (SMEs)

  • Large Enterprise

Data Loss Prevention (DLP) Market - Application Outlook (Revenue, USD Billion, 2018 - 2030)

  • Encryption

  • Centralized Management

  • Policy, Standards and Procedures

  • Web, and Email Protection

  • Cloud Storage

  • Incident Response and Workflow Management

Data Loss Prevention (DLP) Market - End-use Outlook (Revenue, USD Billion, 2018 - 2030)

  • BFSI

  • IT and Telecommunication

  • Retail and Logistics

  • Healthcare

  • Manufacturing

  • Government

  • Others

Data Loss Prevention (DLP) Market - Regional Outlook (Revenue, USD Billion, 2018 - 2030)

  • North America

    • U.S.

    • Canada

  • Europe

    • UK

    • Germany

    • France

    • Italy

    • Spain

  • Asia Pacific

    • China

    • India

    • Japan

    • Australia

    • South Korea

  • Latin America

    • Brazil

    • Mexico

    • Argentina

  • Middle East & Africa

    • UAE

    • Saudi Arabia

    • South Africa

List of Key Players in Data Loss Prevention Market

  • BlackBerry

  • Broadcom, Inc.

  • CheckPoint

  • Cisco Systems, Inc.

  • Citrix Systems

  • CrowdStrike

  • Digital Guardian Inc.

  • IBM

  • Mcafee LLC

  • Microsoft

  • proofprint

  • SAP SE

  • Sophos Ltd.

  • Trend Micro

  • VMware, Inc

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