Market Highlights
The global GDPR Services Market Size is accounted to produce USD 4,047.5 Million before the year's over 2025. What's more, it is additionally projected to make a CAGR of 23.4% for the research time of 2019 to 2025.
In the beyond couple of years, network safety episodes have expanded, which brought about expanded assurance drives and information security. Consequently, the developing worries over information security and information protection are expanding GDPR services interest, which is powering the GDPR Services Market Growth in the gauge time frame.
Also, the rising cloud reception across the world is driving market development. Furthermore, the medical services and life sciences industry is enlisted to make a huge market share in the forthcoming years.
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Segmentation:
According to the GDPR Services Market Forecast report, the global market has been segmented on the basis of type, vertical, and organization size.
Based on the type segment, the worldwide market has been classified into service and solution. Among all, the services segment is registered to acquire a higher CAGR of 24.3% during the forecast period. On the other hand, the solution segment is anticipated to account for the larger GDPR Services Market Share of 64.2% in the year 2018 and is further estimated to hold a CAGR of 22.8% in the research period. For instance, the services segment has been sub-segmented into DPO-as-a-Service, GDPR readiness assessment and DPIA, and others. Further, the solutions segment has been sub-segmented into API management and data management.
On the basis of the vertical segment, the current market has been categorized into retail, manufacturing, IT & telecommunications, utilities, government services, BFSI, travel & hospitality, automotive, education, media & entertainment, and others. Of these, the manufacturing segment is expected to account for the largest market share and is further predicted to generate a CAGR of 24.8% over the research period. Additionally, the retail segment was considered the second-largest market for the forecast year 2018. Apart from that, the education segment is accounted to generate the highest CAGR of 26.2% during the review period.
According to the organization size segment, the global market has been segmented into large enterprises and small and medium enterprises. In 2018, the large enterprise segment was projected to account for the larger market share and is further estimated to grow at a CAGR of 22.9% during the assessment period. Moreover, the SME segment is anticipated to grow at a CAGR of 24.5% during the research timeframe.
Regional Analysis
As per the GDPR Services Market Analysis, the global market has been categorized on the basis of different geographical areas such as North America, Europe, Latin America, Asia Pacific, and others.
Of these, the European region is anticipated to generate the largest market share during the research period. Apart from that, the North American region is considered the second-largest market in generating the market share. Here, the North America-based enterprises are largely dealing with European residential customers. For example, General Electric, McDonald’s, Goldman Sachs, DuPont, and many others.
Industry News
In February 2020, the prominent market player Proof point aunched its email account compromise (EAC) and business email compromise (BEC)integrated solutions for the enterprisers.
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Global GDPR Services Market Research Report: By Type (Solution, Service), By Organization Size (Small and Medium Enterprises, Large Enterprises), By Vertical (Manufacturing, Retail, Utilities, IT & Telecom, BFSI, Govt Services, Automotive, Travel & Hospitality, Media & Entertainment, Education and Others) and By Region (North America, Europe, Asia-Pacific and the Rest of the World [the Middle East & Africa and South America]) - Forecast till 2027
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