Cloud DLP Market
Added: (Wed Oct 10 2018)
Pressbox (Press Release) -
Cloud DLP Market: Industry Analysis and Forecast (2017-2024) _ by Component (Solution, Services), by Services (Professional Services, Managed Services), by Organization Size (Small & Medium Enterprises. Large Enterprises), by Vertical (Retail and Consumer Goods, Manufacturing, Healthcare and Life Sciences, IT and Telecommunications, Education, Government and Public Sector, Others) and by Geography (North America, Europe, Asia Pacific, Middle East & Africa and Latin America)
Cloud DLP Market is expected to grow from USD 650.1 Million in 2016 to USD 3680.0 Million by 2024, at a CAGR of 28.10% between 2017 and 2024.
Report includes assessment of market definition along with the identification of key players and analysis of their strategies, complete quantitative analysis of the industry from 2016 to 2024 to enable the stakeholders to capitalize on the prevailing market opportunities, market analysis and comprehensive segmentation with respect to the software, service, deployment type, organization size, end-users and geography to assist in strategic business planning.
The key driving factor for this market include the achievement of regulatory compliances, heavy increase in cloud adoption, and the increasing employee mobility and Bring Your Own Device (BYOD) trend.
Large enterprises sub-segment is expected to hold a major chunk of the market during the forecast period:
The large enterprises sub segment among the organization segment is anticipated to hold the largest market share over the forecast period. Large enterprises have been operating in a highly saturated market, wherein, they are left behind with limited growth opportunities. As these enterprises are larger in size and have various types of IT infrastructure.
APAC is expected to hold a major chunk of the market during the forecast period:
Geographically, the Cloud DLP Market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America. The swift growth of the market in the APAC region is anticipated to dominate the market over the forecast period majorly due to the he heavy increase in cloud adoption, and the increasing employee mobility and BYOD trend are expected to drive the demand for cloud DLP.