Global GDPR Services Market Size, Industry Share and Forecast Report Analysis, 2022 to 2028
Global GDPR Services Market size was valued at USD 3.37 Billion in 2021 and is projected to reach USD 14.9 Billion by 2028, growing at a CAGR of 23.75 % from 2022 to 2028.
GDPR is the general data protection regulation to give more control over personal data. The regulation is a legal framework of guidelines on the collection and processing of personal information from individuals under the European Union. Additionally, this regulation must be complied with by Countries that are not in the European Union but wish to work in the service provision sector for a European client. The GDPR also regulates personal data leaving the EU, called export data, giving EU citizens more control over personal data. The GDPR service helps organizations to protect their data from various cyber attacks. GDPR services observe and control how companies around the world handle their customers' personal information and provide customer security regarding the protection of their data.
Significant fines imposed for non compliance have also contributed to demand for data management, mapping and data stewardship services to reduce the number of breaches and protect sensitive information. Thus, the macroeconomic disruption of the pandemic has not prevented spending on digital transformation from increasing. The demand for data security and privacy grows along with the pace of digital transformation, which stimulates the use of GDPR services. Consumers around the world have increased their demands for transparency in data processing. To meet these requirements and foster a sense of trust, GDPR services are crucial. The General Data Protection Regulation (GDPR) gives people greater access to their data and the ability to correct or delete it when necessary. Similarly, many nations began debating and enacting their privacy laws.
Key Prominent Players In The GDPR Services Market:
• IBM Corporation (US)
• Oracle Corporation (US)
• Microsoft Corporation (US)
• Amazon (US)
• Capgemini (France)
• Veritas (US)
• Informatica (US)
• Micro Focus (UK)
• Absolute Software (Canada)
• Actiance (California)
• Hitachi systems security (Canada)
• MetricStream (US)
• Mimecast (UK)
• Nymity (Canada)
• One Trust (US)
• Proofpoint (US)
• Property (US), and other major players.
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Market segmentation of Global GDPR Services Market Report:
By Type
• Solutions
• Services
By End User Industry
• Manufacturing & Retail
• Utilities
• IT & Telecom
• BFSI
• Government Services
• Automotive
• Travel & Hospitality
• Media & Entertainment
• Education and Others
By Region
• North America (U.S., Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
• Asia Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
• Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
• South America (Brazil, Argentina, Rest of SA)
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This report studies the global GDPR Services market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors, and forecast analysis. The growing demand for GDPR Services has provided a huge boost to the global GDPR Services market as more people are shifting their preferences toward this growing sector. The market is expected to continue rising at a high CAGR and reach values in the millions by the end of the forecast period from 2022 to 2028.
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