Market overview
The global Enterprise Data Loss Prevention Software Market is anticipated to generate approximately USD -2.1 Billion by the year 2023. Further, the worldwide market has been estimated to achieve a -21% CAGR during the analysis period of 2023.
Presently, massive growth in generating high revenue has been evident in the global market due to the involvement of various services and technological advancements. A noticeable growth has been seen in the global market's chain value because of the adoption of various deployment types and technological applications in various sectors.
The rising demand for advanced Enterprise Data Loss Prevention Software and the increasing competition between the businesses are the major growth driving factors for the Enterprise Data Loss Prevention Software Market. Moreover, the global market growth is also depending upon the provision of customized solutions and flexibility for different business sectors.
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Market segmentation
The global Enterprise Data Loss Prevention Software Market is classified into different sections such as solutions, applications, services, end-users, and deployment type. On the basis of solution, the global market has been classified into Storage and Datacenter DLP, Endpoint DLP, and network DLP. This market is useful for many applications services and offers premium quality services that are helping to increase the demand for the software across the world.
The global Enterprise Data Loss Prevention Software Market has been segregated into On-Premises, On Cloud, and others in terms of the deployment type segment. Based on the services segment, the worldwide market is categorized into managed security services, system integration, and installation, consulting.
The global market has been divided into various applications across many industrial sectors such as IT and Telecom, BFSI, government, healthcare, manufacturing, and others. Based on the end-users segment, the current market has been segmented into cloud service providers, enterprise data loss prevention software companies, enterprise data loss prevention software providers, professional service providers, market research and consulting firms, technology investors, system integrators, research and development companies, technology standards organizations, solution providers, and others. The present market has created more scopes due to the presence of effective end-users.
Regional analysis
According to the worldwide Enterprise Data Loss Prevention Software Market report, the current market has covered a holistic assessment of regions, which includes Europe, North America, South America, Asia-Pacific, the Middle East & Africa, and the rest of the world.
Of these, the North American region has projected to generate maximum market share during the forecast timeframe, and it is predicted to continue the leading position in the upcoming years. This region is expanding because of the rising demands of enterprise data loss prevention software in various sectors like banking, healthcare, and others.
Industry news
In February 2015, the prominent player Symantec Corp had planned to achieve effective services like cloud and software-as-a-service markets and got involved in the cloud data loss prevention market. For instance, in February 2017, a new innovation was introduced by Symantec Corp in the cloud security platform. This has aimed to deliver the deepest and broadest security solutions set for clouds and within the Cloud.
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