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Cloud DLP Market Worth 2,508.9 Million USD by 2022

PUNE, India, November 14, 2017 /PRNewswire/ --

According to a new market research report "Cloud DLP Market by Component (Solution and Service), Service (Professional, and Managed Services), Organization Size, Vertical (BFSI, Healthcare and Life Sciences, Retail and Consumer Goods), and Region - Global Forecast to 2022", published by MarketsandMarkets™, the market size is expected to grow from USD 744.4 Million in 2017 to USD 2,508.9 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 27.5%.

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Browse 52 Market Data Tables and 35 Figures spread through 121 Pages and in-depth TOC on "Cloud DLP Market"

http://www.marketsandmarkets.com/Market-Reports/cloud-dlp-market-159080741.html

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The demand for cloud DLP services is expected to be majorly driven by the increasing employee mobility and Bring Your Own Device (BYOD) trend. Moreover, the rising concerns regarding the leakage of critical information is believed to be pushing the adoption of the cloud DLP technologies among enterprises and expected to gain a major traction during the forecast period.

The solution segment is expected to have the largest market share during the forecast period  

Cloud DLP is a comprehensive data security solution that ensures information loss prevention across the cloud environment. It addresses the data security needs when the data is at risk. The cloud DLP solution helps organizations in preventing the access to confidential data from external environments. It also helps network administrators control the data transfer internally among the end-users. Furthermore, it maintains the visibility and control needed to comply with privacy and data protection regulations.

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The retail and consumer goods vertical is expected to grow at the highest CAGR during the forecast period  

The retail and consumer goods vertical is expected to grow at the highest rate during the forecast period, due to the need to protect the critical data stored in the cloud environment. The rising usage of mobile devices, which have a direct access link to the customer's private information, has led to the increase in data theft and data loss fear among the retailers. Thus, the retailers are adopting comprehensive cloud DLP solutions, as data risk is present at all levels, from various transactions to the confidentiality of personal information of customers and employees.

Asia Pacific (APAC) is projected to grow at the highest CAGR during the forecast period  

North America is estimated to have the largest market share in 2017, while APAC is projected to be the fastest growing region at the highest CAGR, as enterprises in the APAC region are deploying cloud technologies at a faster rate, which is increasing the risk of mission-critical data being leaked. Therefore, the growth opportunities are said to be higher in the APAC region.

The major vendors in Cloud DLP Market include Symantec (California, US), Check Point Software Technologies (Tel Aviv, Israel), Digital Guardian (Massachusetts, US), Forcepoint (Texas, US), and McAfee (California, US).

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Browse Related Reports  

Cloud Security Market by Service Type (IAM, DLP, IDS/IPS, SIEM, and Encryption), Security Type, Service Model (IaaS, PaaS, and SaaS), Deployment Type (Public, Private, and Hybrid), Organization Size, Vertical, and Region - Global Forecast to 2022

http://www.marketsandmarkets.com/Market-Reports/cloud-security-market-100018098.html

Cybersecurity Market by Solution (IAM, Encryption, DLP, UTM, Antivirus/Anti-Malware, Firewall, IDS/IPS, Disaster Recovery, DDOS Mitigation, SIEM), Service, Security Type, Deployment Mode, Organization Size, Vertical, and Region - Global Forecast to 2022

http://www.marketsandmarkets.com/Market-Reports/cyber-security-market-505.html

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About MarketsandMarkets™  

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.


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