Market Research Report
Global GDPR Services Market Research Report- Forecast till 2025
|Published by||Market Research Future||Product code||960205|
|Published||Content info||141 Pages
Delivery time: 1-2 business days
|Global GDPR Services Market Research Report- Forecast till 2025|
|Published: April 29, 2020||Content info: 141 Pages||
Global GDPR Services Market is evaluated to reach USD 4,047.5 Million by 2025, to exhibit a CAGR of 23.4% during the projected period, 2019-2025. General Data protection regulation is used to maintain transparency between the customer and the enterprise. According to the declaration of GDPR in 2018, companies across various domains had to restructure their entire business processing systems in line with various agreements. The leading countries in GDPR compliances are the US, the UK, Spain, Germany, and the Netherlands. The manufacturing, retail, utilities, and telecommunications were leading in GDPR compliance. Companies operating in these industries have been establishing a substantial market share of their global revenue on restructuring their business processes as per GDPR compliance. The main objective behind GDPR was to reconstruct the customers' trust among various enterprises and to create a more transparent environment for customers where they can smoothly share their data without it being breached, lost, or misused.
The global GDPR Service market is expected to witness an incredible market expansion owing to the increasing requirement to become compliant with GDPR, the rising need for various GDPR solutions and services. The major growth factor for the GDPR market is its clear operation at both ends. However, over the last 3 years, companies that were not compliant with the GDPR have had to pay heavy fines due to stringent compliances.
The Global GDPR Services Market has been divided into Type, Organization Size, Vertical, and Region. Based on the type segment, the global market has been classified into solution and service. The solutions type has been again divided into data management and API management. The services segment has been further categorized into GDPR readiness assessment and DPIA, DPO-as-a-Service, and others.
In terms of Organization Size, the global services GDPR market is bifurcated into small and medium enterprises and large enterprises. Based on the Vertical segment, the market has been classified into manufacturing, retail, utilities, IT & telecommunications, BFSI, government services, automotive, travel & hospitality, media & entertainment, education, and others.
The region-specific analysis of global GDPR services market has been bifurcated into the Asia-Pacific, North America, Europe, and the rest of the world (the Middle East & Africa and South America).
North America contributes to the second-largest market in terms of market share in the global GDPR services market. Enterprises operating in North America, with a client base in Europe, need to comply with GDPR. Many North America based enterprises deal with European customers such as McDonald's, General Electric, DuPont, and Goldman Sachs, among others.
The rest of the world comprises of South America and the Middle East & Africa regions. South America and the Middle East & Africa, many enterprises are expanding to various regions including Europe.
The major players of the global GDPR services market are IBM Corporation (US), Oracle Corporation (US), Microsoft Corporation (US), Amazon.com, Inc. (US), Capgemini (France), Informatica (US), Hitachi Systems Security, Inc. (Japan), Veritas (US), Micro Focus (UK), Absolute Software Corporation (UK), Mimecast Services Limited (UK), Iron Mountain Incorporated (US), Proofpoint (US), and Trustwave Holdings, Inc. (US).
We are continuously tracking the impact of COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on the industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.