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Data Loss Prevention (DLP) Market Trends

Report ID: GMI6364
Published Date: Aug 2023
Report Format: PDF

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Data Loss Prevention Market Trends

The growth of mobile devices and remote work trends have created new challenges for data security. According to the International Telecommunication Union (ITU), nearly three-quarters, or 73% of the global population aged ten and over, owned a mobile phone in 2022. DLP solutions help organizations control data flow and prevent unauthorized access even outside traditional network boundaries. Besides, organizations are becoming more aware of the risks posed by insider threats, whether intentional or accidental. DLP solutions are seen as essential tools for detecting and preventing data leaks caused by employees or partners, thus, contributing to business growth.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of data loss prevention (DLP) was reached USD 2 billion in 2022 and is set to witness 22.1% CAGR from 2023 to 2032, owing to the presence of stringent data protection regulations worldwide.

The large enterprises investor type segment held more than 60% of the market share in 2022, driven by the surging need to protect sensitive data from cyber threats and maintain compliance with data protection regulations.

North America recorded over 32% of the market share in 2022 and will witness expansion through 2032, owing to the increasing cybersecurity concerns and stringent data protection regulations in the region.

Digital Guardian Inc, IBM Corporation, BlackBerry, Broadcom, Inc., CheckPoint, Cisco Systems, Inc., Citrix Systems Inc., CrowdStrike, GTB Technologies Inc., Mcafee LLC, Microsoft Corporation, Proofpoint, SAP SE, Sophos Ltd., and VMware, Inc are some of the leading DLP companies.