Dublin, Nov. 22, 2024 (GLOBE NEWSWIRE) -- The "GDPR Services Market by Services, Organization Size, End-users - Global Forecast 2025-2030" report has been added to ResearchAndMarkets.com's offering.
The GDPR Services Market grew from USD 2.47 billion in 2023 to USD 2.83 billion in 2024. It is expected to continue growing at a CAGR of 15.64%, reaching USD 6.84 billion by 2030. Market momentum is driven by increasing data breaches, growing awareness of privacy rights among consumers, and mounting pressure to comply with international data protection laws.
This report provides a detailed overview of the GDPR services market, exploring several key areas:
- A thorough examination of the current market landscape, featuring comprehensive data from leading industry players and analyzing their reach and influence across the market.
- The report identifies significant growth opportunities in emerging markets and assesses expansion potential within established segments, providing a roadmap for future development.
- In-depth coverage of recent product launches, untapped geographic regions, significant industry developments, and strategic investments reshaping the market landscape.
- A detailed analysis of the competitive landscape, covering market share, business strategies, product portfolios, certifications, regulatory approvals, patent trends, technological advancements, and innovations in manufacturing by key market players.
- Insight into groundbreaking technologies, R&D efforts, and product innovations that will drive the market in future.
Key growth influencers include technological advancements in AI and machine learning that offer improved data management solutions, integration services that help bring legacy systems into compliance, and an increasing trend towards privacy by design. Emerging opportunities lie in offering modular solutions tailored to SMEs who may lack resources for full-scale compliance initiatives.
However, the market faces limitations, including high costs of service implementation, evolving regulatory scopes that demand continual updates, and challenges in harmonizing GDPR with other international privacy laws. More so, the scarcity of skilled GDPR professionals poses a significant constraint. Innovation could focus on developing cost-effective, easily deployable solutions for smaller enterprises, advanced automation tools for continuous compliance monitoring, and cross-jurisdictional data management platforms. Research into predictive analytics for breach prevention can offer a distinct competitive edge.
The market is inherently dynamic, influenced by evolving legal landscapes, and businesses must remain agile to navigate these changes effectively. Companies should prioritize building partnerships with tech providers and invest in employee training to fully leverage the latest GDPR-compliant technologies and practices, ensuring sustained growth and improved data governance.
GDPR Services Market Dynamics
- Market Drivers
- Rising concerns regarding cyberattacks and cyber crimes worldwide
- Increasing demand from organizations for greater accountability and transparency to customers
- Growing awareness among businesses of the need to comply with GDPR regulations
- Market Restraints
- Complex and time-consuming process
- Market Opportunities
- Improvements in GDPR compliance services
- Emerging startups providing GDPR services
- Market Challenges
- Personal data breaches and international transfers
Key Company Profiles
The report delves into recent significant developments in the GDPR Services Market, highlighting leading vendors and their innovative profiles. These include:
- A-LIGN
- Absolute Software Corporation
- Amazon Web Services, Inc.
- Atos SE
- Capgemini
- Cloud4C
- Ernst & Young LLP
- Informatica Inc.
- International Business Machines Corporation
- Microsoft Corporation
- Mimecast Services Limited
- OneTrust, LLC
- Oracle Corporation
- Protegrity Inc.
- Redscan Cyber Security Limited
- Reina Consulting LLP
- SAP SE
- SAS Institute Inc.
- Talend
- TrustArc Inc.
- Trustwave Holdings, Inc.
- Varonis Systems, Inc.
- Veritas Storage (Ireland) Limited
- Wipro Limited
- Xiarch Solutions Pvt. Ltd.
Market Segmentation & Coverage
This research report categorizes the GDPR Services Market to forecast the revenues and analyze trends in each of the following sub-markets:
- Services
- API Management
- Data Discovery & Mapping
- Data Governance
- DPO-as-a-Service
- GDPR Readiness Assessment
- Risk Assessment and DPIA
- Training & Certification
- Organization Size
- Large Enterprises
- Small & Medium-sized Enterprises
- End-users
- BFSI
- Healthcare
- IT & Telecommunication
- Manufacturing
- Media & Entertainment
- Region
- Americas
- Argentina
- Brazil
- Canada
- Mexico
- United States
- Asia-Pacific
- Australia
- China
- India
- Indonesia
- Japan
- Malaysia
- Philippines
- Singapore
- South Korea
- Taiwan
- Thailand
- Vietnam
- Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom
- Americas
The report addresses key questions to assist stakeholders in making informed decisions:
- What is the current size of the market, and how is it expected to grow?
- Which products, segments, and regions present the most attractive investment opportunities?
- What are the prevailing technology trends and regulatory factors influencing the market?
- How do top vendors rank regarding market share and competitive positioning?
- What revenue sources and strategic opportunities guide vendors' market entry or exit decisions?
Key Attributes
| Report Attribute | Details |
| No. of Pages | 187 |
| Forecast Period | 2024-2030 |
| Estimated Market Value (USD) in 2024 | $2.83 Billion |
| Forecasted Market Value (USD) by 2030 | $6.84 Billion |
| Compound Annual Growth Rate | 15.6% |
| Regions Covered | Global |
For more information about this report visit https://www.researchandmarkets.com/r/ikuobm
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