GDPR Compliance Services Market Introduction and Overview
According to SPER Market Research, the Global GDPR Compliance Services Market is estimated to reach USD 2189.66 million by 2033 with a CAGR of 22.66%.
The report includes an in-depth analysis of the Global GDPR Compliance Services Market, including market size and trends, product mix, applications, and supplier analysis. A new piece of legislation known as the General Data Privacy Regulation, or GDPR, was implemented in the European Union. By unifying a wide range of privacy legislation into a single set of guidelines, it gives individuals more control over their data throughout all member nations. All companies that conduct business within the European Union are subject to the GDPR, as are those with headquarters outside of the EU but that serve customers in Europe. Multinational companies also have to abide by the GDPR's regulations. This covers controllers and processors of data, like cloud service providers.
- October 2022; In order to deliver synchronous, restful, and asynchronous event driven APIs with a unified API administration experience, Gravitee. Io partnered with Solace, a top supplier of event driven architecture.
- November 2022; During the Informatica Worlds Tour in Washington, the Intelligent Data Management Cloud (IDMC) platform for municipal and state government is now available, according to Informatica, a provider of enterprise cloud data management solutions.
Market Opportunities and Challenges
Opportunities: Globalization, urbanization, and modernization are the main forces behind the rise in market value. The market will have growth opportunities due to factors like the expansion of the IT sector in developing countries like China and India and the growing need for features like privacy, security, legality, trust, scalability, authenticity, and universality in organizational operations and quality monitoring. The growing industrial infrastructure and growing smartphone penetration in developing countries are further drivers propelling the market's expansion. The GDPR services market is growing due to a number of factors, including the need for transparency in data processing and the growth of massive amounts of data among organizations. The market is anticipated to develop in addition to the rise in cyberattacks and the adoption of GDPR compliance for increased security.
Challenges: Numerous obstacles stand in the way of the GDPR services market's adoption and implementation. For firms trying to comply, the GDPR's rules' vagueness and complexity present serious challenges. Numerous requirements are imposed by the regulation, including data protection by design and default, data subject rights, privacy impact assessments, and data breach reporting. GDPR service providers face hurdles since data ecosystems are diverse and dynamic. Managing large amounts of organized and unstructured data across many platforms and systems is a common challenge for organizations. This makes it difficult to locate, classify, and protect sensitive data. Furthermore, the emergence of big data analytics, artificial intelligence, and the Internet of Things has made data governance more difficult, necessitating creative solutions to deal with new privacy issues.
Market Competitive Landscape
The GDPR Compliance Services Market is a highly competitive arena due to the presence of multiple global and regional companies in the competitive environment. Leading companies in the industry are Absolute Software Corporation, Amazon Web Services Inc., Capgemini SE, International Business Machines, Informatica, Iron Mountain Inc., Microsoft Corporation, Oracle, Veritas Technologies, Others.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Deployment Type, By Offering, By Organization Size, By End-User
|
| Regions covered | North America, Asia-Pacific, Latin America, Middle East & Africa and Europe
|
| Companies Covered | Absolute Software Corporation, Amazon Web Services Inc., Capgemini SE, International Business Machines, Informatica, Iron Mountain Inc., Microsoft Corporation, Oracle, Veritas Technologies, Others.
|
COVID-19 Impact on Global GDPR Compliance Services Market
Work from home policies were implemented by a number of companies during the COVID-19 outbreak. As a result, in order to maintain corporate operations, some organizations utilized cloud services. However, this raised more questions about cybersecurity and presented problems for businesses trying to protect their data. The architecture of several firms did not allow for simple access to the systems, indicating that the only option to implement the work from home module is to have localized copies of the data that employees must be able to access. As a result, many businesses started using cloud services.
Key Target Audience
- Small and Medium Enterprises (SMEs)
- Large Enterprises
- Financial Institutions
- Healthcare Providers
- E-commerce Businesses
- Technology Companies
- Legal and Professional Services
Our in-depth analysis of the GDPR Compliance Services Market includes the following segments:
|
By Deployment Type: |
On-premises
Cloud Based
|
|
By Offering: |
Data Management
Data Discovery & Mapping
Data Governance
API Management
|
|
By Organization: |
Large Enterprises
Small and Medium Sized Enterprises
|
|
By End-Users: |
BFSI
Retail
Healthcare
Education
|
Key Topics Covered in the Report:
- Global GDPR Compliance Services Market Size (FY’2024-FY’2033)
- Overview of Global GDPR Compliance Services Market
- Segmentation of Global GDPR Compliance Services Market by Deployment Type (On-premises, Cloud Based)
- Segmentation of Global GDPR Compliance Services Market by Offering (Data Management, Data Discovery and Mapping, Data Governance, API Management)
- Segmentation of Global GDPR Compliance Services Market by Organization Size (Large Enterprises, Small and Medium Sized Enterprises)
- Segmentation of Global GDPR Compliance Services Market by End-User (BFSI, Retail, Healthcare, Education)
- Statistical Snap of Global GDPR Compliance Services Market
- Expansion Analysis of Global GDPR Compliance Services Market
- Problems and Obstacles in Global GDPR Compliance Services Market
- Competitive Landscape in the Global GDPR Compliance Services Market
- Impact of COVID-19 and Demonetization on Global GDPR Compliance Services Market
- Details on Current Investment in Global GDPR Compliance Services Market
- Competitive Analysis of Global GDPR Compliance Services Market
- Prominent Players in the Global GDPR Compliance Services Market
- SWOT Analysis of Global GDPR Compliance Services Market
- Global GDPR Compliance Services Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Global GDPR Compliance Services Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global GDPR Compliance Services Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global GDPR Compliance Services Market
7. Global GDPR Compliance Services Market, By Deployment Type (USD Million) 2020-2033
7.1. Global GDPR Compliance Services Market Size, Share and Forecast, By Deployment Type, 2020-2026
7.2. Global GDPR Compliance Services Market Size, Share and Forecast, By Deployment Type, 2027-2033
7.3. On-premises
7.4. Cloud Based
8. Global GDPR Compliance Services Market, By Offering (USD Million) 2020-2033
8.1. Global GDPR Compliance Services Market Size, Share and Forecast, By Offering, 2020-2026
8.2. Global GDPR Compliance Services Market Size, Share and Forecast, By Offering, 2027-2033
8.3. Data Management
8.4. Data Discovery & Mapping
8.5. Data Governance
8.6. API Management
9. Global GDPR Compliance Services Market, By Organization Size (USD Million) 2020-2033
9.1. Global GDPR Compliance Services Market Size, Share and Forecast, By Organization Size, 2020-2026
9.2. Global GDPR Compliance Services Market Size, Share and Forecast, By Organization Size, 2027-2033
9.3. Large Enterprises
9.4. Small and Medium Sized Enterprises
10. Global GDPR Compliance Services Market, By End-Users (USD Million) 2020-2033
10.1. Global GDPR Compliance Services Market Size, Share and Forecast, By End-Users, 2020-2026
10.2. Global GDPR Compliance Services Market Size, Share and Forecast, By End-Users, 2027-2033
10.3. BFSI
10.4. Retail
10.5. Healthcare
10.6. Education
11. Global GDPR Compliance Services Market Forecast, 2020-2033 (USD Million)
11.1. Global GDPR Compliance Services Market Size and Market Share
12. Global GDPR Compliance Services Market, By Region, 2020-2033 (USD Million)
12.1. Global GDPR Compliance Services Market Size and Market Share By Region (2020-2026)
12.2. Global GDPR Compliance Services Market Size and Market Share By Region (2027-2033)
12.3. Asia-Pacific
12.3.1. Australia
12.3.2. China
12.3.3. India
12.3.4. Japan
12.3.5. South Korea
12.3.6. Rest of Asia-Pacific
12.4. Europe
12.4.1. France
12.4.2. Germany
12.4.3. Italy
12.4.4. Spain
12.4.5. United Kingdom
12.4.6. Rest of Europe
12.5. Middle East and Africa
12.5.1. Kingdom of Saudi Arabia
12.5.2. United Arab Emirates
12.5.3. Qatar
12.5.4. South Africa
12.5.5. Egypt
12.5.6. Morocco
12.5.7. Nigeria
12.5.8. Rest of Middle-East and Africa
12.6. North America
12.6.1. Canada
12.6.2. Mexico
12.6.3. United States
12.7. Latin America
12.7.1. Argentina
12.7.2. Brazil
12.7.3. Rest of Latin America
13. Company Profile
13.1. ABSOLUTE SOFTWARE CORPORATION
13.1.1. Company details
13.1.2. Financial outlook
13.1.3. Product summary
13.1.4. Recent developments
13.2. AMAZON WEB SERVICES INC
13.2.1. Company details
13.2.2. Financial outlook
13.2.3. Product summary
13.2.4. Recent developments
13.3. CAPGEMINI SE
13.3.1. Company details
13.3.2. Financial outlook
13.3.3. Product summary
13.3.4. Recent developments
13.4. INTERNATIONAL BUSINESS MACHINES
13.4.1. Company details
13.4.2. Financial outlook
13.4.3. Product summary
13.4.4. Recent developments
13.5. INFORMATICA
13.5.1. Company details
13.5.2. Financial outlook
13.5.3. Product summary
13.5.4. Recent developments
13.6. IRON MOUNTAIN INC
13.6.1. Company details
13.6.2. Financial outlook
13.6.3. Product summary
13.6.4. Recent developments
13.7. MICROSOFT CORPORATION
13.7.1. Company details
13.7.2. Financial outlook
13.7.3. Product summary
13.7.4. Recent developments
13.8. ORACLE
13.8.1. Company details
13.8.2. Financial outlook
13.8.3. Product summary
13.8.4. Recent developments
13.9. VERITAS TECHNOLOGIES
13.9.1. Company details
13.9.2. Financial outlook
13.9.3. Product summary
13.9.4. Recent developments
13.10. Others
14. Conclusion
15. List of Abbreviations
16. Reference Links
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
