GDPR Services Market

Market Overview:

The global GDPR services market size reached US$ 2.5 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 14.4 Billion by 2032, exhibiting a growth rate (CAGR) of 21.1% during 2024-2032.

General Data Protection Regulation (GDPR) services refer to various advanced solutions that aid organizations in complying with the European Union (EU) GDPR. They involve the evaluation of areas, such as document lifecycle, encryption and data backup, GDPR readiness assessment, risk assessment, data protection impact assessment (DPIA), followed by planning and implementation of concrete IT solutions in business operations. They assist enterprises in protecting the personal data and privacy of all EU citizens for transactions occurring within EU member states. In recent years, GDPR services have rapidly gained traction as they help businesses fulfill the GDPR requirements effectively to avoid hefty fines and legal issues. 

GDPR Services Market Trends:

The rising need for organizations to comply with GDPR implemented by the EU represents the primary factor driving the market growth. Additionally, the continuous generation of vast amounts of data has strengthened the need for enhanced data security and privacy. This, in confluence with the widespread prevalence of cybersecurity attacks across the globe, is catalyzing the demand for GDPR services. Furthermore, the escalating demand for data processing transparency to improve security service delivery and organizational reputation is propelling the market growth. Besides this, the growing number of individuals working remotely due to the recent coronavirus disease (COVID-19) outbreak and the implementation of stringent data privacy regulations by governments of various countries are encouraging the adoption of GDPR services. Moreover, several leading players are launching innovative GDPR solutions to expand their customer base and maintain a competitive edge in the market. Other factors, including the rapid digitization, rising cloud adoption, increasing penetration of the Internet of Things (IoT) devices, and technological advancements, are also creating a positive market outlook.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global GDPR services market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on offering, deployment type, organization size and end user.

Breakup by Offering:

• Data Management
• Data Discovery and Mapping
• Data Governance
• API Management
   

Breakup by Deployment Type:

• On-premises
• Cloud-based
   

Breakup by Organization Size:

• Large Enterprises
• Small and Medium-sized Enterprises
   

Breakup by End User:

• BFSI
• Retail
• Healthcare
• Education
• Manufacturing
• Government and Public Sector
• Others
   

Breakup by Region:

• North America
  • United States
  • Canada
• Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
• Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
• Latin America
  • Brazil
  • Mexico
  • Others
• Middle East and Africa
   

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Absolute Software Corporation, Amazon Web Services Inc., Capgemini SE, International Business Machines Corporation, Informatica, Iron Mountain Inc., Micro Focus International PLC, Microsoft Corporation, Oracle Corporation, Proofpoint Inc., SAP SE, Trustwave Holdings Inc. (Singapore Telecommunications Limited) and Veritas Technologies LLC.

Report Coverage: