GDPR Services Market to Witness the Highest Growth Globally in Coming Years 2020-2025 | IBM Corporation, Veritas Technologies LLC, Amazon Web Services Inc.

GDPR Services Market - Growth, Trends, and Forecasts (2020 - 2025)

The GDPR Services Market research report 2020 provides a basic overview of the industry including definitions, classifications, applications, and industry chain structure. The GDPR Services market report provides information regarding market size, share, trends, growth, cost structure, GDPR Services market competition landscape, market drivers, challenges and opportunity, capacity, revenue, and forecast 2025.

The report delivers a comprehensive overview of the crucial elements of the market and elements such as drivers, current trends of the past and present times, supervisory scenario & technological growth. This report also includes the overall and comprehensive study of the GDPR Services market with all its aspects influencing the growth of the market. This report is exhaustive quantitative analyses of the GDPR Services industry and provides data for making strategies to increase market growth and effectiveness.

Scope of the report:

The report evaluates the growth rate and the Market value based on Market dynamics, growth inducing factors. The complete knowledge is based on the latest industry news, opportunities, and trends. The report contains a comprehensive Market analysis and vendor landscape in addition to a SWOT analysis of the key vendors.

The GDPR Services market was valued at USD 1183.2 million in 2019 and is expected to reach USD 4364 million by 2025, at a CAGR of 24.3% over the forecast period 2020 - 2025.

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The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Global GDPR Services Market: IBM Corporation, Veritas Technologies LLC, Amazon Web Services Inc., Microsoft Corporation, Micro Focus International PLC, Oracle Corporation, SAP SE, Capgemini SE, SecureWorks Inc., Wipro Limited, DXC Technology Company, Accenture PLC, Atos SE, Tata Consultancy Services Limited, Larsen & Toubro Infotech Limited, Infosys Limited, and others.

Key Market Trends

Healthcare and Life Sciences Industry to Hold Significant Market Share

- IoT has a lot of applications in healthcare, from remote monitoring to medical device integration. It also has the potential to not only keep patients healthy and safe but to improve how physicians deliver care, as well. However, IoT also creates the need for data governance for the healthcare sector. The industry struggles with the massive amount of data produced by sensors, wearables, remote monitors, and other medical devices.

- Moreover, with the increased Internet of Things (IoT) devices, the vulnerability and exposure to diverse cyber-attacks have increased. In the context of the digital transformation of healthcare in Europe, there is a rapid growth of wearables and connected medical devices that enable remote health monitoring.

- Moreover, According to the European Telecommunications Network Operators' Association (ETNO), the number of IoT units in healthcare in the European Union (EU) is expected to increase year-on-year, hence boosting the market growth in the industry.

- With the technological advancements in data transfers, cloud services are becoming more common. Public cloud has been emerging. This technological advancement has resulted in the faster transfer of phishing emails, bots, and ransomware, indicating the vulnerabilities that are brought in by them. These factors are also expected to motivate enterprises and organizations to deploy data governance tools and GDPR services in the industry.

Europe Occupy Significant Market Share

- Europe is anticipated to witness a significant share for GDPR services due to the high acceptance of the GDPR in the region. The regulation forces companies in these countries to comply with it.

- European privacy authorities have received nearly 65,000 data breach notifications since the EU's new privacy law went into full effect until May 2019. Also, regulators in 11 European countries have imposed USD 63 million in GDPR fines.

- In the United Kingdom, the number of data breach notifications has dropped by 17% to 11,499. In contrast, numbers almost doubled in France, with a 97% increase to 2,287, and soared in Spain, reporting 1,608 notifications, representing a 58% increase compared to the first year of GDPR.

- In April 2019, the new Cyber Security Law was introduced to broaden the existing regulation scope and introduce GDPR-type fines for certain violations. Such an increase in government regulations' stringency is expected to push the organizations in Germany to adopt cybersecurity solutions.

- Post-GDPR coming into effect, France introduced major reforms associated with cybersecurity policies. For instance, the telecommunication companies are allowed to scan their networks for technical clues of any anticipated or on-going attack. In some cases, telecom companies may also need to inform their customers of any unwanted cyber-attacks.

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Influence of the GDPR Services market report

- Comprehensive assessment of all opportunities and risks in the GDPR Services market.

- GDPR Services market recent innovations and major events.

- A Detailed study of business strategies for the growth of the GDPR Services market-leading players.

- Conclusive study about the growth plot of the GDPR Services market for forthcoming years.

- In-depth understanding of GDPR Services market-particular drivers, constraints, and major micro markets.

- Favorable impression inside vital technological and market latest trends striking the market report.

What are the market factors that are explained in the report?

- Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

- Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

- Analytical Tools: The GDPR Services Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

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Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.

Find out:

GDPR Services Market: Where are the opportunities? What does the future look like for the GDPR Services Market? What will be the market size in the next 5 years?
Market trends: What is driving the market? Where are the key players? What are their strategies? What is holding the market behind? Where is the industry heading for in the short and long-term? How are new developments expected to change the market?
Technology: How are RO and new brine concentration technologies shaping the market? What are the new revenue channels which companies can explore for growth?

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