Cloud DLP Market – Global Industry Analysis and Forecast (2023-2029)

The Cloud DLP Market was valued at US$ 9.51 Bn. in 2022 and is expected to reach US$ 45.35 Bn. by 2029, at a CAGR of 25% during a forecast period.
Cloud DLP Market Overview:
Cloud DLP Market was valued at US$ 7.61 Bn. in 2022. Data loss prevention (DLP) solutions prevent sensitive data from being insecurely stored, used, or transmitted. It decreases the likelihood of data theft or unauthorized exposure by securing the data. Cloud DLP solutions precisely secure organizations that have adopted cloud storage by preventing sensitive data from entering the cloud before it is encrypted. It allows data to be exchanged with authorized cloud applications after encryption. Most of these solutions change or erase sensitive data before sharing it on the cloud to ensure data security while in transit and cloud storage.To know about the Research Methodology :- Request Free Sample Report
Cloud DLP Market Dynamics:
The attainment of regulatory compliances, a major increase in cloud use, and the growing employee mobility and Bring Your Own Device (BYOD) trend are key driving drivers for this business. As businesses use public and private cloud services such as Office 365, Box, and Amazon Web Services to improve operational agility and mobile worker productivity while cutting costs, demand for Data Loss Prevention solutions is increasing. Law enforcement authorities, on the other hand, are advocating the efficient and effective use of technology to protect individual and organizational data.
Benefit or features of Cloud DLP:
1. Gain visibility into the data that store and process: Create dashboards as well as audit reports. Based on the findings, automate labelling, remediation, or policy. Connect DLP findings to the Security Command Center, Data Catalog, or export them to own SIEM or governance tool.

2. Configure data inspection and monitoring with ease: To automatically identify, inspect, and classify the data, enable DLP across the full Big Query footprint. DLP runs continually, capturing new data tables as they are created, allowing to concentrate on analysis.

3. Reduce risk to unlock more data for business: The security of sensitive data, such as personally identifiable information (PII), is crucial to the success or growth of the company. De-identification should be used in migrations, data workloads, and real-time data collecting and processing.

The data loss prevention market has been experiencing sustained growth in recent years as a result of increasing security breaches, high demand for intellectual property theft protection, and rising cloud computing adoption, such as the shift in data storage from on-premises to public and private cloud platforms. Emerging commercialization is another element driving the growth of the data loss prevention market. For example, increasing social media adoption is resulting in advanced knowledge sharing. However, a lack of awareness is impeding the growth of the DLP industry. During the forecast period, the popularity of cloud-based business models and persistent cyber-attacks are projected to give chances for growth in the data loss prevention market.
Cloud DLP Market Segment Analysis:
Based on Component, the Solution segment held largest market share of xx% in 2022. Cloud DLP is a complete data security solution that assures the prevention of information loss throughout the cloud environment. At the time of data risk, cloud DLP helps to the data security requirements and it protect the data. The cloud DLP solution assists enterprises in preventing unauthorized access to confidential data from outside sources. It also helps network administrators regulate data traffic between end-users. Furthermore, it keeps the visibility and control required to comply with privacy and data protection standards.

Based on Organizational Size, over the forecast period, the large enterprise segment of the organization segment is expected to hold the largest market share of xx% in 2022. Large firms have been functioning in a highly saturated market, where they have been left behind with little chances for growth. Because these businesses are larger in size and have different sorts of IT infrastructure.
Cloud DLP Market Regional Insight:
North America held largest market share of xx% in 2022. The average number of breaches in the United States has climbed marginally in recent years, according to the Identity Theft Resource Center (ITRC). Furthermore, a significant growth in cloud usage, as well as an increase in employee mobility and the BYOD trend, are expected to drive demand for cloud DLP. According to the ITRC's Data Breach Report 2022, the country's increasing number of data breaches in 2022 will have touched around 300.56 million people. During the forecast period, the increasing activities of data breaches in various sectors are likely to be the key driver driving demand for data loss prevention systems.

The objective of the report is to present a comprehensive analysis of the Cloud DLP market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding the Cloud DLP market dynamics, structure by analyzing the market segments and projects the Cloud DLP market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Cloud DLP market make the report investor’s guide.
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Cloud DLP Market


Report Coverage
Details


Base Year:
2022
Forecast Period:
2023-2029


Historical Data:
2018 to 2022
Market Size in 2022:
US $ 9.51 Bn.


Forecast Period 2023 to 2029 CAGR:
25 %
Market Size in 2029:
US $ 45.35 Bn.


 Segments Covered:
by Component
Solution
Service


by Services
Managed Service
Professional Service


by Organization Size
Small & Medium Enterprises
Large Enterprises


by Verticals
BFSI
IT and telecommunications
Government and public sector
Education
Others



Cloud DLP Market, by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (razil, Argentina Rest of South America)
Cloud DLP Market Key Players
1 Digital Guardian
2 Mcafee
3 Forcepoint
4 Symantec
5 Check Point Software Technologies
6 CA Technologies
7 Cisco Systems
8 Netskope
9 Zsclaer
10 Trustwave
11 Clearswift
12 CipherCloud
13 Trustwave
14 Skyhigh Networks
15 Blue Coat Systems
16 Code Green Networks
17 Zecurion
18 Trend Micro
19 Broadcom
20 Gartner Inc
21 Proofpoint
Frequently Asked Questions:
1. Which region has the largest share in Market?
Ans: North America region holds the highest share in 2022.

2. What is the growth rate of Market?
Ans: The Cloud DLP Market is growing at a CAGR of 25 % during forecasting period 2023-2029.

3. What segments are covered in market?
Ans: Cloud DLP Market is segmented into component, services, organization size, verticals and region.

4. What is the study period of this market?
Ans: The Cloud DLP Market is studied from 2022 to 2029.