Data loss prevention (DLP) is helpful in preventing unintended loss or transfer of companies’ critical data. With the increasing number of security breaches and cyber-attacks in various industry verticals, the demand for DLP is rising. A new research report, titled “Data Loss Prevention Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016–2024,” provides a comprehensive evaluation of the market.
Albany, NY -- (SBWIRE) -- 11/25/2016 -- The increasing demand for the protection of intellectual property against theft is driving the global data loss prevention market. The main actors on the demand side of the market are industries such as the business financial services and insurance (BFSI), retail, and oil and gas. The rising trend of commercialization and social media is leading to advanced information sharing. Moreover, the shifting data storage patterns, from on-premises to private and public cloud platform, are propelling the adoption of cloud computing. These factors are, in turn, boosting the demand for DLP, thereby fuelling the growth of the global market. However, lack of awareness and interoperability issues is restraining the growth of the DLP market.
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Based on deployment, the global DLP market is classified into cloud and on-premise. On the basis of end use, the market is segmented into web and e-mail protection, encryption, cloud storage, standards and procedures, policy, workflow management and incident response, and centralized management. Based on solution tools, the market is divided into storage or data center, endpoint, and network. In terms of application, the market is segmented into aerospace and defense, banking, financial services and insurance, government and public utilities, healthcare, manufacturing, retail and logistics, and telecommunication and IT.
By service, the market is categorized into consulting services, education and training, managed security services, system integration and installation, and risk and threat assessment. Geographically, the market is segmented into Europe, North America, Asia Pacific, Latin America, and the Middle East and Africa. The growth of the North America market can be attributed to the increasing adoption of cloud and big data technologies. The Asia Pacific and MEA segments are expected to flourish due to the rising demand for data loss prevention software owing to increasing counterfeiting and security threats.
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The report profiles key players in the global DLP market along with their business strategies, latest developments, and contact information. Some of the leading players in the global data loss prevention market are Blue Coat systems Inc., CA Technologies, Check Point Software Technologies Ltd., Cisco Systems, Code Green Networks, GTB Technologies Inc., Symantec Corporation, Trend Micro Incorporated, Trustwave Holdings Inc., and Websense Inc.
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