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Data Loss Prevention (DLP) Market Share, Size,Growth, Key Players, Outlook and Forecasts to 2025 | Hexa Research
“The global data loss prevention market is anticipated to witness impressive growth in the years.�
10 April 2019 The global data loss prevention market is anticipated to witness impressive growth in the years to come due to growing need for protecting intellectual property against theft. Factors, such as rising incidence of data breaches, increasing use of cloud platform, and growing popularity of social media, are also expected to boost market growth. Rapid digitization and growing incidence of insider threats are likely to boost market growth in the years to come. Increasing adoption of cloud for data storage is considered one of the key driving factors in the market. Organizations are adopting cloud storage to store their data in order to achieve productivity. Emergence of internet of thing (IoT) and growing need for lower operational expenditure (OPEX) have increased th e popularity of cloud storage across the world. However, the platform involves high risk of unauthorized access or chances of information loss. This has increased the need for better DLP solutions to enhance scalability and efficiency of cloud, and to protect important information in the cloud. Growing trend of bring your own devices (BYOD) across the organizations and increasing internal threats have also encouraged the endpoint security service providers to reduce risk involved in IT security. Furthermore, increasing cases of data breaches owing to rapid digitization, adoption of cloud platform, and workforce mobility are likely to fuel the demand for better DLP solution. Information of various companies
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