Market Highlights

The global GDPR Services Market Size is relied upon to arrive at USD 1,178.2 million by 2025, enrolling a CAGR of 23.4% during the gauge time frame, 2019-2025. In this report, Market Research Future (MRFR) incorporates the division and elements of the market to offer a superior look at the market before very long.

The development of tremendous measures of information, the requirement for information security, security insurance, and weighty fines carried out by the EU is driving the interest for GDPR services across the globe. Information is developing at a tremendous rate globally. The course of digitization has significantly changed the business tasks affecting undertakings across different enterprises including fabricating, retail, BFSI, and broadcast communications. The organizations in different enterprises all over the planet are utilizing information to turn out to be more spry, further develop client experience, present new plans of action, and improve their upper hand. The outcome of this expanding dependence on information is prompting an extension in the size of the global information. With this expansion in information, there is an expanding liability regarding the endeavors to successfully ensure and get something similar. The information gathered by endeavors are of different kinds, including the individual information of the clients. These individual information incorporate recognizable data, for example, contact numbers.

As indicated by MRFR investigation, IBM Corporation, Amazon Web Services, Hitachi System Security, Microsoft Corporation, and Capgemini were a portion of the central participants of the global GDPR services market starting at 2018. The development of the market merchants is reliant upon the progressions in innovation, market conditions, government support, administrative consistence, and industry advancement. Along these lines, the sellers should zero in on growing their topographical presence and working on the nature of their services.

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Segmentation:

The global GDPR Services Market Size has been segmented based on type, organization size, vertical, and region.

By type, the market has been segmented into solution and service. Solutions are further segmented into data management and API management. Services are further segmented into GDPR readiness assessment and DPIA, DPO-as-a-Service, and others. The solution segment accounted for the larger market share of 64.2% in 2018. Among the solutions, the data management segment accounted for the larger market share. Data management solutions help in gathering, organizing, and analyzing large sets of data. These solutions make processing and validation of data much simpler and time efficient. In the scope of the study, two types of solutions have been considered as a part of data management solutions including data discovery and mapping and data governance.

By organization size, the market is segmented into small and medium enterprises and large enterprises. The large enterprise segment accounted for the larger market share in 2018. The SME segment is projected to register the higher CAGR of 24.5%.

By vertical, the GDPR Services Market Size has been classified into manufacturing, retail, utilities, IT & telecommunications, BFSI, government services, automotive, travel & hospitality, media & entertainment, education, and others. The manufacturing segment accounted for the largest market share; it is expected to register a CAGR of 24.8% during the forecast period.

Competitive Analysis

The key 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).

Regional Analysis

The regional analysis for the global GDPR services has been conducted for North America, Europe, the Asia-Pacific, and the rest of the world (the Middle East & Africa, and South America).

The market in Europe accounted for the largest market share in 2018, and it is expected to register rapid growth during the forecast period. In Europe, the UK accounted for the largest market share in 2018. Germany was the second-largest market in 2018, it is projected to register a CAGR of 24.3% during the forecast period.

Asia-Pacific is one of the fastest-growing markets for GDPR services. The growing industrial development in the region, especially in countries like China and India is leading to global operations and is pushing the market forward.

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Global GDPR Services Market Size Research Report: By Type (Solution, Service), By Organization Size (Small and Medium Enterprises, Large Enterprises), By Vertical (Manufacturing, Retail, Utilities, IT & Telecom, BFSI, Govt Services, Automotive, Travel & Hospitality, Media & Entertainment, Education and Others) and By Region (North America, Europe, Asia-Pacific and the Rest of the World [the Middle East & Africa and South America]) - Forecast till 2027

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