Product Code: r11754
“GDPR Services Global Market Report 2024 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on GDPR services market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Where is the largest and fastest growing market for GDPR services? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The GDPR services market global report ” from The Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
Scope
Markets Covered:
- 1) By Offering: Solutions; Services
- 2) By Type Of Deployment: On-Premises; Cloud
- 3) By Organization Size: Large Enterprise; Small And Medium-sized Enterprises
- 4) By End-User Industry: BFSI; Telecom And IT; Retail And Consumer Goods; Healthcare And Life Sciences; Manufacturing; Other End Users
- Subsegment: Data Management; API Management
- Companies Mentioned: The International Business Machines Corporation; Oracle Corporation; Microsoft Corporation; Micro Focus; SAP SE
- Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
- Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
- Time series: Five years historic and ten years forecast.
- Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
- Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
- Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
- Delivery format: PDF, Word and Excel Data Dashboard.
Executive Summary
GDPR (General Data Protection Regulation) services encompass a suite of services crafted to assist organizations in adhering to the provisions of the General Data Protection Regulation (GDPR), which constitutes a set of data protection laws within the European Union (EU) intended to safeguard individuals' privacy and personal data.
The primary types of deployment for GDPR services include on-premises and cloud. On-premises denotes IT infrastructure software and hardware programs that are hosted on the organization's premises. These services offer various features such as data management and API management to a diverse range of organizations, including large enterprises as well as small and medium-sized enterprises. The solutions and services provided are utilized across various industries such as BFSI, telecom and IT, retail and consumer goods, healthcare and life sciences, manufacturing, and others.
The GDPR service market research report is one of a series of new reports from The Business Research Company that provides GDPR service market statistics, including GDPR service industry global market size, regional shares, competitors with a GDPR service market share, detailed GDPR service market segments, market trends and opportunities, and any further data you may need to thrive in the GDPR service industry. This GDPR service market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The gdpr services market size has grown exponentially in recent years. It will grow from $3.03 billion in 2023 to $3.73 billion in 2024 at a compound annual growth rate (CAGR) of 23.0%. The expansion observed in the historical period can be ascribed to the increasing awareness of data privacy, the global influence of GDPR compliance, the intricate nature of data processing operations, the repercussions of penalties and legal consequences, and the escalating occurrences of data breaches and cyber threats.
The gdpr services market size is expected to see exponential growth in the next few years. It will grow to $8.67 billion in 2028 at a compound annual growth rate (CAGR) of 23.5%. The anticipated growth in the forecast period can be credited to the evolution of data privacy regulations, a heightened emphasis on individual rights, the broadening scope of personal data, the globalization of concerns related to data protection, and the growing significance of data ethics. Key trends expected in the forecast period encompass technological advancements and data analytics, the outsourcing of Data Protection Officer (DPO) services, the emergence of GDPR technology solutions, a focus on data subject rights management, and incident response and breach management.
The anticipated growth of the GDPR services market is expected to be propelled by the increasing number of data breaches. A data breach occurs when data is illicitly taken or stolen from a computer system without the owner's knowledge or authorization, often through methods such as hacking, phishing, malware, or the physical theft of devices containing sensitive information. GDPR services play a crucial role in helping organizations effectively manage data breaches, minimizing potential harm to both individuals and the organization's reputation. As an illustration, data breach statistics from March 2023, provided by Astra IT Inc., a US-based company in the computer network and security industry, indicate a 2.6% growth in the cost of data breaches, reaching $4.35 million in 2022 compared to $4.24 million in 2021. Specifically, the average cost of a data breach for critical infrastructure organizations has increased to $4.82 million. Hence, the escalating number of data breaches is a driving force behind the anticipated growth of the GDPR services market.
The increasing generation of a substantial amount of data is poised to contribute to the growth of the GDPR services market. Data, encompassing raw facts, figures, or information in various formats, is collected, stored, and processed for diverse purposes. GDPR services, aligned with the General Data Protection Regulation, are focused on ensuring the protection and privacy of personal and professional data, emphasizing data minimization, accuracy, and portability. As of April 2023, data from Exploding Topics, a US-based AI-powered trend-spotting organization, reveals that in 2022, the volume of generated data surged to 97 zettabytes, marking a 22.78% growth from the 79 zettabytes generated in 2021. Consequently, the increasing generation of an enormous amount of data serves as a key driver for the growth of the GDPR services market.
Technological advancements stand out as a prominent trend gaining momentum in the GDPR services market. Companies within the GDPR services market are integrating new technologies to maintain their competitive positions. For instance, in July 2021, Jolocom GMBH, a Germany-based software company, unveiled SmartWallet 2.0, a digital application provider leveraging blockchain technology for identity proof and compliant with the European Union's General Data Protection Regulation. To uphold GDPR compliance, the app mandates that digital identities stored within it offer users a straightforward and verifiable mechanism to opt out of organizations collecting personally identifying information.
Major players in the GDPR services market are dedicated to ensuring robust data compliance by incorporating various tools and insights from the General Data Protection Regulation guide. A GDPR guide serves as a comprehensive resource offering information, instructions, and guidelines for adhering to the requirements and principles outlined in the GDPR. For example, in April 2023, The European Data Protection Board (EDPB), a government body based in Europe, launched the 'Data Protection Guide.' This guide assists small business owners in enhancing their compliance with data protection standards. Within the guide, small and medium-sized enterprises (SMEs) can find a variety of tools and actionable tips to support their adherence to GDPR regulations, covering aspects such as data breaches, data protection basics, and data subject rights.
In January 2023, OpenText, a Canada-based provider of enterprise information management software, completed the acquisition of Micro Focus International plc for $5.8 billion. This strategic move expands and diversifies OpenText's portfolio, aligning with the company's mission to help enterprise experts secure their businesses, gain deeper insights into their data, and effectively manage a growing hybrid and complex digital environment. The acquisition encompasses an innovative set of tools, including information security, digital operations management, application modernization and delivery, artificial intelligence, and analytics. Micro Focus International plc is a UK-based software and information technology company operating in the GDPR services market.
Major companies operating in the gdpr services market report are The International Business Machines Corporation, Oracle Corporation, Microsoft Corporation, Micro Focus, SAP SE, Capgemini SE, Absolute Software Corporation, Trustwave Holdings Inc., Proofpoint Inc., Veritas Technologies LLC, Informatica Inc., SAS Institute Inc., Amazon Web Services Inc., Mimecast Services Limited, OneTrust LLC, Talend S.A., TrustArc Inc., Iron Mountain Inc., Hitachi Systems Security Inc., MetricStream Inc., Nymity Inc., Protegrity Corporation, Snow Software AB, Symantec Corporation, Varonis Systems Inc., Actiance Inc., Dun & Bradstreet Corporation, Broadcom Inc., Ethyca Inc., AvePoint Inc.
Europe was the largest region in the GDPR services market in 2023. North America is expected to be the fastest-growing region in the global GDPR services market report during the forecast period. The regions covered in the gdpr services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the gdpr services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain
The GDPR services market includes revenues earned by entities through data discovery and mapping, GDPR software, data governance, and data inventory services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Table of Contents
1. Executive Summary
2. GDPR Services Market Characteristics
3. GDPR Services Market Trends And Strategies
4. GDPR Services Market - Macro Economic Scenario
- 4.1. Impact Of High Inflation On the Market
- 4.2. Ukraine-Russia War Impact On the Market
- 4.3. COVID-19 Impact On the Market
5. Global GDPR Services Market Size and Growth
- 5.1. Global GDPR Services Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
- 5.2. Global GDPR Services Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
- 5.3. Global GDPR Services Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)
6. GDPR Services Market Segmentation
- 6.1. Global GDPR Services Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- Solutions
- Services
- 6.2. Global GDPR Services Market, Segmentation By Type Of Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- On-Premises
- Cloud
- 6.3. Global GDPR Services Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- Large Enterprise
- Small And Medium-sized Enterprises
- 6.4. Global GDPR Services Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- BFSI
- Telecom And IT
- Retail And Consumer Goods
- Healthcare And Life Sciences
- Manufacturing
- Other End Users
7. GDPR Services Market Regional And Country Analysis
- 7.1. Global GDPR Services Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 7.2. Global GDPR Services Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8. Asia-Pacific GDPR Services Market
- 8.1. Asia-Pacific GDPR Services Market Overview
- Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
- 8.2. Asia-Pacific GDPR Services Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 8.3. Asia-Pacific GDPR Services Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 8.4. Asia-Pacific GDPR Services Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9. China GDPR Services Market
- 9.1. China GDPR Services Market Overview
- 9.2. China GDPR Services Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
- 9.3. China GDPR Services Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
- 9.4. China GDPR Services Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
10. India GDPR Services Market
- 10.1. India GDPR Services Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 10.2. India GDPR Services Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 10.3. India GDPR Services Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11. Japan GDPR Services Market
- 11.1. Japan GDPR Services Market Overview
- 11.2. Japan GDPR Services Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 11.3. Japan GDPR Services Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 11.4. Japan GDPR Services Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12. Australia GDPR Services Market
- 12.1. Australia GDPR Services Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 12.2. Australia GDPR Services Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 12.3. Australia GDPR Services Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13. Indonesia GDPR Services Market
- 13.1. Indonesia GDPR Services Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 13.2. Indonesia GDPR Services Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 13.3. Indonesia GDPR Services Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14. South Korea GDPR Services Market
- 14.1. South Korea GDPR Services Market Overview
- 14.2. South Korea GDPR Services Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 14.3. South Korea GDPR Services Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 14.4. South Korea GDPR Services Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15. Western Europe GDPR Services Market
- 15.1. Western Europe GDPR Services Market Overview
- 15.2. Western Europe GDPR Services Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 15.3. Western Europe GDPR Services Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 15.4. Western Europe GDPR Services Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16. UK GDPR Services Market
- 16.1. UK GDPR Services Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 16.2. UK GDPR Services Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 16.3. UK GDPR Services Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17. Germany GDPR Services Market
- 17.1. Germany GDPR Services Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 17.2. Germany GDPR Services Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 17.3. Germany GDPR Services Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18. France GDPR Services Market
- 18.1. France GDPR Services Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 18.2. France GDPR Services Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 18.3. France GDPR Services Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19. Italy GDPR Services Market
- 19.1. Italy GDPR Services Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 19.2. Italy GDPR Services Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 19.3. Italy GDPR Services Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20. Spain GDPR Services Market
- 20.1. Spain GDPR Services Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 20.2. Spain GDPR Services Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 20.3. Spain GDPR Services Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21. Eastern Europe GDPR Services Market
- 21.1. Eastern Europe GDPR Services Market Overview
- 21.2. Eastern Europe GDPR Services Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 21.3. Eastern Europe GDPR Services Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 21.4. Eastern Europe GDPR Services Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22. Russia GDPR Services Market
- 22.1. Russia GDPR Services Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 22.2. Russia GDPR Services Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 22.3. Russia GDPR Services Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23. North America GDPR Services Market
- 23.1. North America GDPR Services Market Overview
- 23.2. North America GDPR Services Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 23.3. North America GDPR Services Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 23.4. North America GDPR Services Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24. USA GDPR Services Market
- 24.1. USA GDPR Services Market Overview
- 24.2. USA GDPR Services Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 24.3. USA GDPR Services Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 24.4. USA GDPR Services Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25. Canada GDPR Services Market
- 25.1. Canada GDPR Services Market Overview
- 25.2. Canada GDPR Services Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 25.3. Canada GDPR Services Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 25.4. Canada GDPR Services Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26. South America GDPR Services Market
- 26.1. South America GDPR Services Market Overview
- 26.2. South America GDPR Services Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 26.3. South America GDPR Services Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 26.4. South America GDPR Services Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27. Brazil GDPR Services Market
- 27.1. Brazil GDPR Services Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 27.2. Brazil GDPR Services Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 27.3. Brazil GDPR Services Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28. Middle East GDPR Services Market
- 28.1. Middle East GDPR Services Market Overview
- 28.2. Middle East GDPR Services Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 28.3. Middle East GDPR Services Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 28.4. Middle East GDPR Services Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29. Africa GDPR Services Market
- 29.1. Africa GDPR Services Market Overview
- 29.2. Africa GDPR Services Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 29.3. Africa GDPR Services Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 29.4. Africa GDPR Services Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
30. GDPR Services Market Competitive Landscape And Company Profiles
- 30.1. GDPR Services Market Competitive Landscape
- 30.2. GDPR Services Market Company Profiles
- 30.2.1. The International Business Machines Corporation
- 30.2.1.1. Overview
- 30.2.1.2. Products and Services
- 30.2.1.3. Strategy
- 30.2.1.4. Financial Performance
- 30.2.2. Oracle Corporation
- 30.2.2.1. Overview
- 30.2.2.2. Products and Services
- 30.2.2.3. Strategy
- 30.2.2.4. Financial Performance
- 30.2.3. Microsoft Corporation
- 30.2.3.1. Overview
- 30.2.3.2. Products and Services
- 30.2.3.3. Strategy
- 30.2.3.4. Financial Performance
- 30.2.4. Micro Focus
- 30.2.4.1. Overview
- 30.2.4.2. Products and Services
- 30.2.4.3. Strategy
- 30.2.4.4. Financial Performance
- 30.2.5. SAP SE
- 30.2.5.1. Overview
- 30.2.5.2. Products and Services
- 30.2.5.3. Strategy
- 30.2.5.4. Financial Performance
31. Global GDPR Services Market Competitive Benchmarking
32. Global GDPR Services Market Competitive Dashboard
33. Key Mergers And Acquisitions In The GDPR Services Market
34. GDPR Services Market Future Outlook and Potential Analysis
- 34.1 GDPR Services Market In 2028 - Countries Offering Most New Opportunities
- 34.2 GDPR Services Market In 2028 - Segments Offering Most New Opportunities
- 34.3 GDPR Services Market In 2028 - Growth Strategies
- 34.3.1 Market Trend Based Strategies
- 34.3.2 Competitor Strategies
35. Appendix
- 35.1. Abbreviations
- 35.2. Currencies
- 35.3. Historic And Forecast Inflation Rates
- 35.4. Research Inquiries
- 35.5. The Business Research Company
- 35.6. Copyright And Disclaimer