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The global data loss prevention market was valued at US$ 1.8 Billion in 2022.
We expect the global data loss prevention market to exhibit a CAGR of 21.6% during 2023-2028.
The rising utilization of data loss prevention tools by small and medium-sized enterprises to achieve data visibility, protect personally identifiable information, enforce security in BYOD environments, etc., is primarily driving the global data loss prevention market.
The sudden outbreak of the COVID-19 pandemic has led to the growing adoption of data loss prevention solutions due to the high penetration of online banking services, particularly during the lockdown scenarios across several nations.
Based on the type, the global data loss prevention market can be bifurcated into data center DLP, endpoint DLP, and network DLP. Among these, network DLP accounts for the majority of the global market share.
Based on the size, the global data loss prevention market has been divided into large enterprises and small and medium-sized enterprises, where large enterprises currently exhibit clear dominance in the market.
Based on the deployment type, the global data loss prevention market can be categorized into on-premises and cloud data loss protection. Currently, on-premises deployment represents the largest market share.
Based on the industry, the global data loss prevention market can be bifurcated into healthcare, retail and logistics, defense and intelligence, public utilities and government bodies, BFSI, IT and telecom, and others. Among these, the IT and telecom industry currently holds the majority of the total market share.
On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where North America currently dominates the global market.
Some of the major players in the global data loss prevention market include Absolute Software Corporation, Broadcom Inc., Cisco Systems Inc., Digital Guardian (HelpSystems LLC), Forcepoint, Gtb Technologies Inc., McAfee Corp., Proofpoint Inc., Thales Group, Trend Micro Inc., Trustwave Holdings (Singapore Telecommunications Limited) and Zecurion.
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