Data loss protection consists of a set of procedures and tools designed to prevent unauthorized users from deleting, altering, or accessing sensitive information. The data loss prevention program categorizes regulated, sensitive, and essential business information while identifying breaches of established organizational policies. When such breaches are identified, addressing data leaks involves implementing remediation through alerts, encryption, and additional security protocols to avert the accidental or harmful sharing of information that could jeopardize businesses. This application tracks and oversees the activities of endpoints, filters data sources on organizational networks, and also controls data in the cloud to protect data at rest, in transit, and in use.
The Data Loss Prevention Market is Valued USD 3.2 billion in 2024 and projected to reach USD 17.8 billion by 2032, growing at a CAGR of 21.0% During the Forecast period of 2024-2032.
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Major Players in Data Loss Prevention Markets are:
GTB Technologies, Inc., Code Green Networks, Symantec Corporation, McAfee, Check Point Software Technologies Ltd., Trustwave Holdings, Inc., CA Technologies, Trend Micro Incorporated, Blue Coat systems, Inc., Cisco Systems and Websense, Inc. and others
Industry News:
In September 2023, McAfee announced the launch of AI-powered Scam Protection to proactively spot and block scams in real-time.
In September 2023, McAfee announced the launch of its new McAfee Privacy & Identity Guard product to proactively monitor and remove data online to help prevent potential identity theft and fraud.
In June 2023, McAfee announced McAfee Business Protection, a new comprehensive security solution for small business owners in collaboration with Dell Technologies. McAfee Business Protection helps Dell small business customers avoid cyber threats and vulnerabilities with award-winning security, identity and dark web data monitoring, VPN, web protection for safe browsing, and more.
In February 2023, Trend Micro announced the signing of a definitive agreement to acquire Anlyz, a leading provider of security operations center (SOC) technology. The acquisition will extend Trend's orchestration, automation, and integration capabilities and enable enterprises and Managed Security Service Providers (MSSPs) to improve operational efficiencies, cost-effectiveness, and security outcomes. In May 2022, Broadcom acquired VMware, a leading innovator in enterprise software, under which Broadcom will acquire all of the outstanding shares of VMware in a cash-and-stock transaction.
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Global Data Loss Prevention Market Segmentation:
By Solution type:
Network DLP
Endpoint DLP
Storage/Data Center DLP
By Application:
Encryption
Centralized Management
Policy, Standards & Procedures
Web & Email Protection
Cloud Storage
Incident Response & Workflow Management
By Deployment type:
On-Premise
Cloud DLP
On the basis of services:
Consulting
System Integration & Installation
Managed Security Services (MSS)
Education & Training
Risk & Threat Assessment
By Organization Size:
Small and Medium Businesses (SMBs)
Enterprise
By Verticals:
Aerospace, Defense & Intelligence
Government (Excluding Defense) and Public Utilities
Banking, Financial Services and Insurance (BFSI)
Telecomm and IT
Healthcare
Retail & Logistics
Manufacturing
Others
The following areas and countries are covered in the worldwide Data Loss Prevention Market file:
North America (US, Canada, Mexico)
Europe (Germany, France, UK, Russia, Italy)
Asia Pacific (China, Japan, South Korea, India, Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
Middle East and Africa (Saudi Arabia, UAE), Egypt, Nigeria, and South Korea)
North America holds a major share of the market. Rising awareness of data security risks has encouraged companies in North America to highlight the protection of sensitive data. Security incidents, cybersecurity disasters, and increased data value have all pushed security measures throughout organizations. DLP solutions are important to data security strategy, helping organizations maintain customer trust, inhibiting data loss, and saving the brand image. North American companies increasingly leverage cloud services and adopt cloud computing for data collaboration, storage, and business operations. This shift has urged the use of DLP solutions in North America.
Detailed industry forecast-Brief Introduction to the research report:
Additional information on company participants
Customized reports and analyst assistance are available upon request.
Recent market developments and potential future growth opportunities
Personalized regional/country reports upon request
New data sources are being integrated.
Increased focus on data privacy and security
Increased collaboration and co-creation
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Key Features of the Data Loss Prevention Market Report: –
Analyze competitive developments such as expansions, deployments, new product launches, and market acquisitions.
Examine the market opportunities for stakeholders by identifying higher growth sections.
To study and analyze the global Data Loss Prevention Market industry status and forecast including key regions.
An in-depth analysis of key product segments and application spectrum, providing strategic recommendations to incumbents and new entrants to give them a competitive advantage over others.
It provides a comprehensive analysis of key regions of the industry as well as a SWOT analysis and Porter’s Five Forces analysis to provide a deeper understanding of the market.
It helps you make strategic business decisions and investment plans.
Finally, Data Loss Prevention Market is a valuable source of guidance for individuals and companies.
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