Global General Data Protection Regulation Services Market Overview 2024, Forecast To 2033

20 Feb, 2024

The general data protection regulation (GDPR) services market surged from $1.98 billion in 2023 to $2.44 billion in 2024, boasting a 23.1% CAGR, driven by data privacy concerns. Anticipating exponential growth to $5.7 billion in 2028, a 23.7% CAGR, factors include evolving regulations and data-driven technologies. Emerging trends comprise advanced encryption and privacy-by-design principles.

Global General Data Protection Regulation Services Market Key Driver

The general data protection regulation services market is set to expand, driven by the upsurge in cyberattacks targeting unauthorized access to computer systems. Cybersecurity threats, including attempts to compromise financial accounts, are escalating, evident in the 7% rise in cybercrime cases reported by the FBI in 2021 compared to 2020. The need for robust general data protection regulation services is evident as organizations grapple with securing sensitive data. This market growth is intrinsically tied to the escalating frequency of cyberattacks and the imperative to fortify data protection measures.

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Global General Data Protection Regulation Services Market Segments

The general data protection regulation services market covered in this report is segmented –
1)By Type of Deployment: On-Premise, Cloud
2)By Offering: Data Management, Data Discovery and Mapping, Data Governance, API Management
3)By Organization Size: Large Enterprises, Small and Medium-Sized Enterprises
4)By End User: Banking, Financial Services, and Insurance (BFSI), Telecom and IT, Retail and Consumer Goods, Healthcare and Life Sciences, Manufacturing, Other End-user Industries
By Geography: The regions covered in the template market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions. North America was the largest region in the general data protection regulation services market in 2023. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the general data protection regulation services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Major General Data Protection Regulation Services Industry Players

International Business Machines Corporation; Veritas Technologies LLC; Amazon Web Services Inc.; Microsoft Corporation.; Micro Focus International plc; Absolute Software Corporation; Capgemini SE; Informatica Inc.; Iron Mountain Incorporated; Mimecast Services Limited; Oracle Corporation.; Proofpoint Inc.; SAS Institute Inc.; Varonis Systems Inc.; Talend Inc.; Trustwave Holdings Inc.; Dun & Bradstreet Inc.; Broadcom Inc.; Protegrity Inc.; OneTrust LLC; TrustArc Inc.; SurfShark Ltd.; Data Protection Agency; General Data Protection Regulation Associates; Symphony Technologies Pvt. Ltd.; HCL Technologies Ltd.; Accenture Plc; Baker & McKenzie International; Deloitte Touche Tohmatsu Limited; Ernst & Young Global Limited; Klynveld Peat Marwick Goerdeler.; Novartis International AG; PricewaterhouseCoopers.; SAP SA

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General Data Protection Regulation Services Market Overview

General data protection regulation (GDPR) refers to a regulatory framework that establishes standards for the gathering and processing of personal data from people living in the European Union (EU). GDPR is used to provide a set of uniform data protection laws among all the participating nations in the European Union (EU).

General Data Protection Regulation Services Global Market Report 2023 provides data on the global general data protection regulation services market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The general data protection regulation services market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.