GDPR Services Market | Product Type, Demand and Production Statistic by 2027

The Global GDPR Services Market is estimated to reach USD 3.3 Billion by 2025 at a CAGR of 24.6%, observes forencis research (FSR).

The General Data Protection Regulation (GDPR) is a legal framework that sets guideline for the collection and processing of personal information collected from individuals who lives in European Union (EU). Also, it is a regulation that update and unify data privacy laws across the European Union on data protection and privacy in the European Union and the European Economic Area. The GDPR was approved by the EU Parliament on April 14, 2016 and came in effect on May 25, 2018. GDPR is mainly related to organizations and enterprises which deal with the personal information of EU citizens.

GDPR Services Market: Drivers & Challenges

Market Drivers:

Rising Demand for Cloud Computing and IoT Technology

Rising demand for cloud computing and the Internet of Things in the GDPR market are projected to be more effective and may offer end users with augmented products. Also, cloud computing technology may help in increasing data privacy and services for the data. It continuously helps in monitoring the data breach and data transfer in its new environment.

Hence, rising demand for cloud computing and IoT technology is expected to surge the GDPR services market during the forecast period.

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Advancement in Data Processing Transparency

Data transparency is the central principle in GDPR as it advances the purpose of the individual’s rights and accountability. The law for data processing mandates that each organization will have a Data Protection Office (DPO) along with an audit of any activities which happen regarding data processing.

Therefore, advancement in data processing transparency is expected to drive the GDPR services market during the forecast period.

Market Challenges:

Non-Compliance Penalties and Regulation Issues

There is a penalty for those companies and organizations that don’t comply with GDPR, fines of up to 4% of annual global revenue or 20 million Euros. British Airways is facing fines of up to €200 million for a data breach in September 2018. Also, Marriott International, Inc. is fined more than £99 million under GDPR services for the data breach.

GDPR Services Market: Key Segments

Deployment Type Includes: Cloud and On-Premises.
Component Segment Covers: Solution and Services
Based on End-Use: Healthcare, BFSI, Education, Retail & E-Commerce, Media & Entertainment, Travel, and Others
Key Regions Covered: North America, South America, Europe, Asia-Pacific, Middle East & Africa and South America, with individual country-level analysis.

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GDPR Services Market: Report Scope

The report on the GDPR Services market covers a deep dive analysis of historic, recent and current market trends. furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.

List of the leading companies operating in the GDPR Services Market include:

IBM Corporation (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
Veritas Technologies, LLC
com, Inc.
Microsoft Corporation
Micro Focus
Absolute Software Corporation
Capgemini SE
Oracle Corporation
SAP SE
Informatica
Other Key Companies

GDPR Services Market: Report Segmentation

For the scope of report, In-depth segmentation is offered by Forencis Research

GDPR Services Market, By Deployment Type

Cloud
On-Premises

GDPR Services Market, By Component

Solution

Data Management
API Management

Services

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GDPR Services Market, By End-User

Healthcare
BFSI
Education
Retail & E-Commerce
Media & Entertainment
Travel
Others

GDPR Services Market by Region

Asia-Pacific (China, Japan, South Korea, India, Taiwan, Rest of Asia-Pacific)
North America (US, Canada, Mexico)
Europe (Germany, Russia, France, Italy, UK, Spain, The Netherlands, Rest of Europe)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East & Africa)
South America (Brazil, Argentina, Rest of South America)

Key Questions answered by the report

What are the major developments impacting the global market and its growth?
What will be the effects of the developments in the global market on the industry and on the market players in the near and far future?
What are the evolving types of the global market?
What are the evolving applications of global market?
What are the major characteristics that will affect the global market growth during the study period?
Who are the key players operating in the global market?
How are the major players leveraging in the existing market conditions?

Table of Content

INTRODUCTION
RESEARCH DESIGN & SCOPE
EXECUTIVE SUMMARY
MARKET DYNAMICS
INDUSTRY TRENDS – PORTERS FIVE FORCES ANALYSIS
GDPR SERVICES MARKET BY DEPLOYMENT TYPE, Market Size in USD Million (2018—2025)
GDPR SERVICES MARKET BY COMPONENT, MARKET Size in USD Million (2018—2025)
GDPR SERVICES MARKET BY END-USE, MARKET Size in USD Million (2018—2025)
GDPR SERVICES MARKET BY REGION, Market Size in USD Million (2018—2025)
COMPETITIVE LANDSCAPE
COMPANY PROFILES
APPENDIX

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