|Dell EMC (U.S.)|
|Hewlett-Packard Company (U.S.)|
|McAfee Inc.( U.S.)|
|Symantec Corporation (U.S.)|
|Cisco Systems Inc.( U.S.)|
|Digital Guardian (U.S.)|
|Somansa Technologies Inc. (U.S.)|
|Fidelis Cybersecurity (U.S.)|
|Forcepoint LLC (U.S.)|
|GTB Technologies Inc. (U.S.)|
|Market Driving Forces|
|Growing demand for improved Enterprise Data Loss Prevention Software|
|Drivers significantly influencing the growth of market.|
This report predicts the enterprise data loss prevention software market growth rate over the estimated timeframe, which is USD 3.2 Billion at the end of 2030. The global market is expecting to grow at 21.80% CAGR in the forecast period of 2030.
The enterprise data loss prevention software is an essential part of corporate sectors. This software helps in monitoring and protecting valuable business information and assets. Data loss prevention is every organization's security strategy, which ensures all the sensitive and confidential information does not get leaked in any unsafe or non-compliant way outside of the firm's internal network. The software works in real-time and uses technologies that perform both content inspection and contextual analysis of data sent via email or other instant messaging applications that work in motion over the network.
The Global Enterprise Data Loss Prevention Software Market is growing due to the increasing instances of data breaches. The world's emerging economies are focusing on data loss protection solutions such as data loss prevention service, data loss prevention functionality extending into the cloud that can provide advanced threat protection.
With the increasing demand for digital assets, the EDLPS Market is growing because of structured and unstructured data. This propels the need for data protection services, especially for data-centric organizations. The report explains the major factors affecting the global market growth by analyzing the global Enterprise Data Loss Prevention Software Market. The report briefly analyzes the current global market scenario as well as the key players and competitive landscape analysis for the worldwide Enterprise Data Loss Prevention Software Market.
COVID 19 Impacts on the Global Market
Just like any other marketing sector, Enterprise Data Loss Prevention Software Market has also experienced a huge impact due to the COVID-19 pandemic. The COVID-19 pandemic outbreak in various market regions across the world had resulted in a number of organizations working remotely. According to Enterprise Data Loss Prevention Software Market Analysis, more and more conventional workplaces shifted to continue business from home. The workflow was severely affected by the telework policies. This resulted in the market experiencing a halt in getting and availability of EDLPS services. The market revenue generated from the delivery of services was significantly affected because of COVID-19.
Even though the first half of the year 2020 suffered a great shrink in the market size, the global market demand started rising after the lockdown relaxation in the latter half. With the combined efforts of the major market players and industrialists, various strategies were applied to increase the market growth in the later period while abiding by the World Health Organization's COVID-19 safety regulations.
Technology Analysis of the Global Market
The technological deployment of the DLP software is segmented into on-cloud and on-premises. With various industrial sectors adapting to technological utilization, the software implementation influencing the Enterprise Data Loss Prevention Software market immensely. The cutting-edge user-driven data loss prevention technology is highly incorporated in the IT and telecom, healthcare, and banking sectors.
Market segmentation Overview
This report provides a holistic assessment of regions of the Enterprise Data Loss Prevention Software market, which include North America, Europe, Asia-Pacific, South America, and the Middle East & Africa, etc. The key aspects of Enterprise Data Loss Prevention Software Market Size regarding their total sales accounted for every region as well as their market shares are also mentioned in this report.
Over the study period, each region's market growth rate alongside revenue share projections by the end of the forecast duration are also cited in the report. North America is reportedly one of the leading regions across the world that generated the maximum market share in the global market due to its huge demand in sectors including healthcare, banking, and others.
Competitive Landscape Analysis
This market study entails a thorough assessment of competitive landscape analysis of Enterprise Data Loss Prevention Software Market. Some of the major key players are:
The comprehensive study of the Software Analytics Market has covered all the below aspects
The Enterprise Data Loss Prevention Software market growth is predicted on the basis of market segmentation, regional analysis, COVID-19 analysis, and various other factors that can effectively generate more market demand.
By Deployment type:
|Market Size||USD 3.2 Billion|
|Forecast Units||Value (USD Billion)|
|Report Coverage||Revenue Forecast, Competitive Landscape, Growth Factors, and Trends|
|Segments Covered||By Components, Application|
|Geographies Covered||North Amrecia, Europe, Asia Pacific|
|Key Vendors||Dell EMC (U.S.) Hewlett-Packard Company (U.S.) McAfee Inc.( U.S.) Symantec Corporation (U.S.) Cisco Systems Inc.( U.S.) Digital Guardian (U.S.) Somansa Technologies Inc. (U.S.) Fidelis Cybersecurity (U.S.) Forcepoint LLC (U.S.) GTB Technologies Inc. (U.S.) Others|
|Key Market Opportunities||With the Enterprise Data Loss Prevention Software Market Segments, it can be seen that an increasing number of organizations prefer to use DLP software.|
|Key Market Drivers||Due to the flexibility and provision for customized, comprehensive solutions for every specific business sector, the major market drivers significantly influencing the growth of the Enterprise Data Loss Prevention Software Market.|
The need for fortifying data protection measures is expected to influence the Enterprise Data Loss Prevention Software Market in the coming years.
Digital Guardian (U.S.), GTB Technologies Inc. (U.S.), Fidelis Cybersecurity (U.S.), Somansa Technologies Inc. (U.S.), and Forcepoint LLC (U.S.) are the emerging market players for the long-term growth of the Enterprise Data Loss Prevention Software Market.
The global Enterprise Data Loss Prevention Software market has aimed to meet a CAGR of 21.80% by the end of the year 2030.