DUBLIN, June 7, 2023 /PRNewswire/ — The “GDPR Services: Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.
Global GDPR Services Market to Reach $7.4 Billion by 2030
The global market for GDPR Services estimated at US$2 Billion in the year 2022, is projected to reach a revised size of US$7.4 Billion by 2030, growing at a CAGR of 17.7% over the analysis period 2022-2030.
Solutions, one of the segments analyzed in the report, is projected to record 16.9% CAGR and reach US$4.4 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Services segment is readjusted to a revised 19% CAGR for the next 8-year period.
The U.S. Market is Estimated at $416.5 Million, While China is Forecast to Grow at 17.6% CAGR
The GDPR Services market in the U.S. is estimated at US$416.5 Million in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$393.6 Million by the year 2030 trailing a CAGR of 17.6% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 15.4% and 16.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 18.6% CAGR.
Looking Ahead to 2023
Volatile financial markets, growing trade tensions, stricter regulatory environment and pressure to mainstream climate change into economic decisions will compound the complexity of challenges faced. Year 2023 is expected to be tough year for most markets, investors and consumers. Nevertheless, there is always opportunity for businesses and their leaders who can chart a path forward with resilience and adaptability.
What`s New for 2023?
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies – Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Key Topics Covered:
MARKET OVERVIEW
- Influencer Market Insights
- COVID-19 Pandemic Brings Forth New Line of Opportunities for GDPR Compliance Solutions
- GDPR: Privacy Law with Sharp Teeth to Safeguard Personal Data
- Leading Causes of Distrust in Technology Industry (in %)
- Key Articles Impacting Security Operations
- Best Practices and Measures to Ensure Compliance to GDPR
- CCPA: American Equivalent of GDPR
- Pressing Need for Compliance Makes GDPR Services a Hyper-Growth Market
- Global GDPR Services Market: Outlook
- Large Organizations to Lead Global Market by Organization Size: Services Growing Faster than Solutions
- Regional Analysis: Europe Remains at Forefront of GDPR Service Adoption
- World GDPR Market by Region (2020 & 2027): Percentage Breakdown of Revenues for Developed and Developing Regions
- GDPR Services – Global Key Competitors Percentage Market Share in 2022 (E)
- Recent Market Activity
- Select Innovations
- Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
MARKET TRENDS & DRIVERS
- GDPR Impact on Marketing Firms: Mending Approaches to Data Permission, Access and Compliance
- Relevant of Emails Received by Internet Users Post-GDPR Implementation (in %)
- Measures to Ensure Compliance
- Despite the Crushing Impact of COVID-19 Crisis, Manufacturing, the Largest Sector to Remain an Important Revenue Generator
- Security Threats Facing Industrial Companies: Percentage of Companies Identifying Security as Major Concern
- Fast Evolving Role of Industry 4.0 & Smart Factory to Steer Future Expansion
- Global Investments on Industry 4.0 Technologies (in US$ Billion) for the Years 2017, 2020, & 2023
- Increase in Number of Connected Devices and Increasing IoT Adoption: Key Growth Drivers
- Global IoT Spending: Percentage Breakdown by Industry Vertical for the Years 2018 and 2022
- Migrating to Cloud Fuels Demand for GDPR Compliance
- Cloud-Related Challenges: % of Companies Facing Challenge by Company Size
- E-Commerce Retailers Face Additional GDPR Burden
- Telecom Industry Braces for Data Explosion from IoT Devices
- Spurt in Online Collaboration Volumes Spur Bandwidth Needs Worldwide Driving Compliance Needs
- Rise of Mobile Communication Accelerates Telecom Sector to a New Level, Generating Opportunities for GDPR
- Education Sector Revamps to Meet GDPR Mandates
- Digital Entertainment Industry at the Crossroads
- Increasing Investments in Healthcare Infrastructure to Enhance Demand for GDPR Compliance
- Healthcare to Become Important GDPR Services Market in Long Term
- Rise in Small and Medium Enterprises (SMEs) Presents Opportunity for GDPR
- Market Research and Compliance in the GDPR Era
- Penalties and Fines for Non-Compliance
- Largest GDPR Fines in € Million
FOCUS ON SELECT PLAYERS (Total 102 Featured)
- Absolute Software Corp.
- Amazon Web Services
- Capgemini SE
- Hitachi Systems Security Inc.
- Informatica
- International Business Machines Corp.
- Iron Mountain Inc.
- Micro Focus International plc
- Microsoft Corp.
- Mimecast Ltd.
- NortonLifeLock Inc.
- OneTrust, LLC
- Oracle Corp.
- Proofpoint, Inc.
- Protegrity USA, Inc.
- SAP
- SAS Institute Inc.
- Swascan Srl
- Talend Inc.
- TrustArc
- Trustwave Holdings, Inc.
- Varonis
- Veritas
- Vox DataVista
For more information about this report visit https://www.researchandmarkets.com/r/lyyjtk
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SOURCE Research and Markets