Global Data Loss Prevention Market: Overview
Data loss prevention (DLP) is a technique and system designed to detect and prevent data breaches by blocking and monitoring critical data in motion, at rest or in use. Data loss prevention avoids an accidental and unintended transfer or loss of sensitive data. It also saves data from cyber attacks and decisive data theft and ensures total data safety.
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Global Data Loss Prevention Market: Growth Factors
The global data loss prevention market has been witnessing tremendous growth owing to the increasing number of security breaches, rising adoption of cloud computing, high demand for protection of intellectual property against theft and shift in the storage of data from on-premises to public and private cloud platform. Emerging commercialization is another factor boosting the global data loss prevention market. An increasing number of breaches is the main factor which is towering the growth of global data loss prevention market. For instance, in February 2015, Primera Blue Cross, a global health insurance company in Washington, suffered a data breach. In March 2015, it started using data loss prevention technique boosting the global data loss prevention market.
Global Data Loss Prevention Market: Segmentation
Based on the type of solution, the global data loss prevention market is segmented as network data loss prevention, storage/data center data loss prevention, and endpoint data loss prevention. Based on the type of applications, the global market is divided as centralized management, encryption, standards & procedures, policy, cloud storage, incident response, the web & email protection, and workflow management. On the basis of the type of service, the global data loss prevention market is segmented into consulting, managed security services (MSS), system integration & installation, risk & threat assessment, and education & training. Based on industry verticals, the global market is diversified as IT and telecom, retail, healthcare, government and defense, manufacturing and energy, BFSI, research and academic, and others. On the basis of deployment model, the global data loss prevention market is segmented as hosted/on cloud and on-premises.
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Global Data Loss Prevention Market: Regional Analysis
Regionally, the global data loss prevention market is segmented as North America, Europe, Asia-Pacific, South America, and the Middle East and Africa. The Asia Pacific is said to be the fastest growing network for the global data loss prevention market owing to countries such as China and India, which are adopting new technologies. On the other hand, South America is said to rule the global data loss prevention market in the near future. The U.S. in North America and European countries as such as Germany also plays a vital role in the elevation of growth of global data loss prevention market.
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Global Data Loss Prevention Market: Competitive Players
Notable players in the race of global data loss prevention market are Code Green Networks, GTB Technologies Inc., Check Point Software Technologies Ltd., Symantec Corporation, CA Technologies, Trustwave Holdings Inc., Blue Coat Systems Inc., Trend Micro Incorporated, Websense Inc., and Cisco Systems.
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