PUBLISHER: The Business Research Company | PRODUCT CODE: 1667756
PUBLISHER: The Business Research Company | PRODUCT CODE: 1667756
GDPR (General Data Protection Regulation) services encompass a suite of services crafted to assist organizations in adhering to the provisions of the General Data Protection Regulation (GDPR), which constitutes a set of data protection laws within the European Union (EU) intended to safeguard individuals' privacy and personal data.
The primary types of deployment for GDPR services include on-premises and cloud. On-premises denotes IT infrastructure software and hardware programs that are hosted on the organization's premises. These services offer various features such as data management and API management to a diverse range of organizations, including large enterprises as well as small and medium-sized enterprises. The solutions and services provided are utilized across various industries such as BFSI, telecom and IT, retail and consumer goods, healthcare and life sciences, manufacturing, and others.
The GDPR service market research report is one of a series of new reports from The Business Research Company that provides GDPR service market statistics, including GDPR service industry global market size, regional shares, competitors with a GDPR service market share, detailed GDPR service market segments, market trends and opportunities, and any further data you may need to thrive in the GDPR service industry. This GDPR service market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The GDPR services market size has grown exponentially in recent years. It will grow from$3.65 billion in 2024 to $4.44 billion in 2025 at a compound annual growth rate (CAGR) of 21.5%. The growth in the historic period can be attributed to growing awareness of data privacy, global impact of GDPR compliance, complexity of data processing operations, penalties and legal consequences, increasing data breaches and cyber threats
The GDPR services market size is expected to see exponential growth in the next few years. It will grow to $11.06 billion in 2029 at a compound annual growth rate (CAGR) of 25.6%. The growth in the forecast period can be attributed to evolution of data privacy regulations, increased focus on individual rights, expanding scope of personal data, globalization of data protection concerns, rising importance of data ethics. Major trends in the forecast period include technological advances and data analytics, data protection officer (DPO) outsourcing, emergence of GDPR technology solutions, focus on data subject rights management, incident response and breach management.
The anticipated growth of the GDPR services market is expected to be propelled by the increasing number of data breaches. A data breach occurs when data is illicitly taken or stolen from a computer system without the owner's knowledge or authorization, often through methods such as hacking, phishing, malware, or the physical theft of devices containing sensitive information. GDPR services play a crucial role in helping organizations effectively manage data breaches, minimizing potential harm to both individuals and the organization's reputation. As an illustration, data breach statistics from March 2023, provided by Astra IT Inc., a US-based company in the computer network and security industry, indicate a 2.6% growth in the cost of data breaches, reaching $4.35 million in 2022 compared to $4.24 million in 2021. Specifically, the average cost of a data breach for critical infrastructure organizations has increased to $4.82 million. Hence, the escalating number of data breaches is a driving force behind the anticipated growth of the GDPR services market.
The increasing generation of a substantial amount of data is poised to contribute to the growth of the GDPR services market. Data, encompassing raw facts, figures, or information in various formats, is collected, stored, and processed for diverse purposes. GDPR services, aligned with the General Data Protection Regulation, are focused on ensuring the protection and privacy of personal and professional data, emphasizing data minimization, accuracy, and portability. As of April 2023, data from Exploding Topics, a US-based AI-powered trend-spotting organization, reveals that in 2022, the volume of generated data surged to 97 zettabytes, marking a 22.78% growth from the 79 zettabytes generated in 2021. Consequently, the increasing generation of an enormous amount of data serves as a key driver for the growth of the GDPR services market.
Key companies in the GDPR services market are focusing on technological advancements, such as interactive flowcharts, to improve compliance processes, simplify data protection requirements, and provide businesses with accessible tools to understand their obligations under the General Data Protection Regulation. Interactive flowcharts are visual tools that allow users to navigate processes actively by selecting different options, making complex information easier to understand and follow decision-making pathways. For instance, in April 2023, the European Data Protection Board (EDPB), a regulatory body of the European Union dedicated to data protection and privacy compliance, launched a Data Protection Guide aimed at small and medium-sized enterprises (SMEs). This guide helps SMEs achieve GDPR compliance and raises awareness about data protection. It offers practical tools, tips, and actionable advice on various topics, including the fundamentals of data protection, data subject rights, and handling data breaches. The guide includes engaging materials such as videos, infographics, and interactive flowcharts to enhance comprehension. Initially released in English, it will be translated into other EU languages and is part of the EDPB's 2023 awareness initiatives targeted at SMEs.
Major players in the GDPR services market are dedicated to ensuring robust data compliance by incorporating various tools and insights from the General Data Protection Regulation guide. A GDPR guide serves as a comprehensive resource offering information, instructions, and guidelines for adhering to the requirements and principles outlined in the GDPR. For example, in April 2023, The European Data Protection Board (EDPB), a government body based in Europe, launched the 'Data Protection Guide.' This guide assists small business owners in enhancing their compliance with data protection standards. Within the guide, small and medium-sized enterprises (SMEs) can find a variety of tools and actionable tips to support their adherence to GDPR regulations, covering aspects such as data breaches, data protection basics, and data subject rights.
In January 2023, OpenText, a Canada-based provider of enterprise information management software, completed the acquisition of Micro Focus International plc for $5.8 billion. This strategic move expands and diversifies OpenText's portfolio, aligning with the company's mission to help enterprise experts secure their businesses, gain deeper insights into their data, and effectively manage a growing hybrid and complex digital environment. The acquisition encompasses an innovative set of tools, including information security, digital operations management, application modernization and delivery, artificial intelligence, and analytics. Micro Focus International plc is a UK-based software and information technology company operating in the GDPR services market.
Major companies operating in the GDPR services market include The International Business Machines Corporation, Oracle Corporation, Microsoft Corporation, Micro Focus, SAP SE, Capgemini SE, Absolute Software Corporation, Trustwave Holdings Inc., Proofpoint Inc., Veritas Technologies LLC, Informatica Inc., SAS Institute Inc., Amazon Web Services Inc., Mimecast Services Limited, OneTrust LLC, Talend S.A., TrustArc Inc., Iron Mountain Inc., Hitachi Systems Security Inc., MetricStream Inc., Nymity Inc., Protegrity Corporation, Snow Software AB, Symantec Corporation, Varonis Systems Inc., Dun & Bradstreet Corporation, Broadcom Inc., Ethyca Inc., AvePoint Inc.
Europe was the largest region in the GDPR services market in 2024. North America is expected to be the fastest-growing region in the global GDPR services market report during the forecast period. The regions covered in the gdpr services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the gdpr services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain
The GDPR services market includes revenues earned by entities through data discovery and mapping, GDPR software, data governance, and data inventory services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
GDPR Services Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on gdpr services market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for gdpr services ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The gdpr services market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.