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Data Loss Prevention Market

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North America region accounted for the largest share in global data loss prevention market in 2016 and this region is expected to dominate the global market by 2025. The dominance of this region is attributed to increased adoption of cloud and big d
Data Loss Prevention Market - Global
Industry Insights, Trends, Outlook, and
Opportunity Analysis, 2017-2025
Data loss prevention software is used for data protection. It can be utilized to detect
potential theft such as Torjan horses that transfer confidential data outside of the
network. Moreover, it also provides software solutions to monitor and block confidential
data or network traffic or storage condition by providing standard security software
solutions, which includes firewalls and intrusion detection systems (IDSs). For instance,
firewalls can be utilized to protect confidential information from outsider’s access and to
detect the attempt of intrusion by outsider an intrusion detection system is used.
Demand for data loss prevention solutions is increasing significantly due to rising
cyber-attacks. For instance, according to Coherent Market Insights analysis in July
2017, cybercrime increased up to 84.1% from 68.8% recorded in June. Cyber
Espionage slides to 10.1% from 15.6% of June whereas Cyber Warfare plummets to
4.3% from 9.4%. Banking and financial sector is the major sector in cyber security
market. This is used for protecting private information of data or cash related to their
customers. This confidential data is highly susceptible to cyber-threats. Increasing
utilization of mobile devices and high adoption of Internet by consumers are expected to
escalate the overall market growth. For instance, according to Coherent Market Insights
analysis, in 2016 over 68% of global population was already using mobile phones.
Industries including banking, finance and insurance, government and military, and retail
and manufacturing is another factor fueling growth of the market. For instance,
according to the Reserve Bank of India (RBI), for the year 2015 – 2016, 16,468 frauds
were reported associated with ATM, debit card, credit card, and net banking. In 2014 –
2015 the number of frauds were 13,083 and 9,500 in the year 2013 –14, reported by
RBI. The data stored on cloud or on-premises is vulnerable to cyber-attacks by various
software such as Trojan horses and viruses, which consequently increases the
requirement of data loss prevention solutions.
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Data Loss Prevention Market Taxonomy
On the basis of solutions, the global data loss prevention market is segmented into:
● Network Data Loss Prevention
● Endpoint Data Loss Prevention
● Data Center Data Loss Prevention
On the basis of services, the global data loss prevention market is segmented into:
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●
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System Integration & Installation
Managed Security Services (MSS)
Education & Training
Consulting
Risk & Threat Assessment
On the basis of deployment model, the global data loss prevention market is segmented
into:
● On-Premise
● Cloud Data Loss Prevention
On the basis of organization size, the global data loss prevention market is segmented
into:
● Small and Medium Businesses
● Large Enterprises
On the basis of application, the global data loss prevention market is segmented into:
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●
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Cloud Storage
Encryption
Policy, Standards & Procedures
Centralized Management
Web & Email Protection
Incident Response & Workflow Management
On the basis of end user industry, the global data loss prevention market is segmented
into:
● Banking, Financial Services and Insurance (BFSI)
● Aerospace, Defense & Intelligence
●
●
●
●
●
Government and Public Utilities
Retail, Manufacturing & Logistics
Telecomm and IT
Healthcare
Others
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Data Loss Prevention Market: Regional Insights
The global data loss prevention market is segmented on the basis of regions into North
America, Europe, Asia Pacific, Latin America, and Middle East, and Africa. North
America region accounted for the largest share in global data loss prevention market in
2016 and this region is expected to dominate the global market by 2025. The
dominance of this region is attributed to increased adoption of cloud and big data
technologies. For instance, according to Coherent Market Insights analysis, in 2015,
North America accounted for around 66% of the global cloud services market, owing to
rampant development of IT infrastructure and presence of major IT companies such as
Google, Microsoft, IBM, and Oracle in the region.
Data Loss Prevention Market: Competitive Background
Major players operating in the global data loss prevention market include Symantec
Corporation, CA Technologies, BAE Systems, Websense, Inc., Trend Micro
Incorporated, Digital Guardian, Code Green Networks, Trustwave Holding, Inc.,
Zecurion, and GTB Technologies, Inc.
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About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering
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and competitive analysis through various recommendations related to emerging market
trends, technologies, and potential absolute dollar opportunity.
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#3200
Seattle, WA 98154
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Author
Sagar Gawade
Sagar Gawade44   documents Email
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Software and Internet
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