Data Loss Prevention Market Size, Share & Trends Analysis – Global Opportunity Analysis And Industry Forecast 2030 , Covid 19 Outbreak Impact research report added by Report Ocean, is an in-depth analysis of 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. It places the market within the context of the wider Data Loss Prevention market, and compares it with other markets., market definition, regional market opportunity, sales and revenue by region, manufacturing cost analysis, Industrial Chain, market effect factors analysis, Data Loss Prevention market size forecast, market data & Graphs and Statistics, Tables, Bar &Pie Charts, and many more for business intelligence. Get complete Report (Including Full TOC, 100+ Tables & Figures, and Chart). – In-depth Analysis Pre & Post COVID-19 Market Outbreak Impact Analysis & Situation by Region
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Key Segments Studied in the Global Data Loss Prevention Market
The global data loss prevention market was US$ 3.1 billion in 2021. The global data loss prevention market is forecast to grow to US$ 18.1 billion by 2030 by growing at a compound annual growth rate (CAGR) of 21.10% during the forecast period from 2022 to 2030.
Factors Influencing the Market
The growing demand to comply with regulatory requirements and data saved on the public and private cloud has been driving the demand for data loss prevention across the globe. For instance, Sarbanes-Oxley Act (SOX), Gramm-Leach-Bliley Act (GLBA), Health Insurance Portability and Accountability Act (HIPAA) are all the regulatory compliance, which are forecast to fuel the growth of the global data loss prevention market.
The growing use of the internet, cloud storage, and the availability of massive data will drive the data loss prevention market forward. In addition, the growing cases of data theft will drive the market forward.
The growing deployment of IoT devices across various industrial verticals, including healthcare, industrial, automotive, BFSI, retail, and consumer electronics, will surge the growth of the global data loss prevention market.
The growing number of launches and investments in the industry will surge the growth of the data loss prevention market during the study period. For instance, Deloitte Cyber and Forcepoint introduced Data Loss Prevention-as-a-Service in May 2021with the aim to offer fast, cost-effective capability for data loss prevention. Moreover, Trend Micro Inc. inked a pact with Microsoft in July 2021.
COVID-19 Impact Analysis
The COVID-19 pandemic surged the demand for the data loss prevention market. During the pandemic, governments of various countries imposed strict lockdown. Thus, offices switched from offline work to online mode, which increased the probability of threats. Thus, the demand for data loss prevention solutions surged unexpectedly. Furthermore, key strategies by the market players, such as new product launches, collaborations, and acquisitions, surged the growth of the global data loss prevention market.
Regional Analysis
North America is forecast to dominate the global data loss prevention market in terms of revenue. The growth of the market is attributed to the growing deployment of advanced technology and cloud-based platforms. In addition, the rising number of threats and availability of massive data will contribute to the growth of the market in the coming years.
The Asia-Pacific data loss prevention market is forecast to grow at a significant growth rate due to the surging cases of data threats and growing automation across various industrial verticals.
Competitors in the Market
- Broadcom, Inc.
- Thales Group
- Symantec
- Digital Guardian
- Cisco Systems, Inc.
- GTB Technologies, Inc.
- Trend Micro Inc.
- CA Technologies
- Trustwave
- Code Green Network
- Zecurion
- RSA
- Websense
- Other Prominent Players
Market Segmentation
Based on Solution Type
Network DLP
Endpoint DLP
Storage/Data Center DLP
Based on Deployment Type
On-Premise
Cloud DLP
Based on Application
Encryption
Centralized Management
Policy, Standards & Procedures
Web & Email Protection
Cloud Storage
Incident Response & Workflow Management
Based on End-User
Aerospace
Government (Excluding Defense) and Public Utilities
Banking, Financial Services and Insurance (BFSI)
Telecomm and IT
Automotive
Retail & Logistics
Oil & Gas
Robotics
Others
Our market research provides vital intelligence on market size, business trends, industry structure, market share, and market forecasts that are essential to developing business plans and strategy.
A combination of factors, including COVID-19 containment situation, end-use market recovery & Recovery Timeline of 2020/ 2021
Under COVID-19 Outbreak Impact Analysis:
We analyzed industry trends in the context of COVID-19. We analyzed the impact of COVID-19 on the product industry chain based on the upstream and downstream markets. We analyze the impact of COVID-19 on various regions and major countries.
The impact of COVID-19 on the future development of the industry is pointed out.
Study Explore :
- Market Behavior/ Level of Risk and Opportunity
- End Industry Behavior/ Opportunity Assessment
- Expected Industry Recovery Timeline
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Each study, more than 100+ pages, is packed with tables, charts and insightful narrative including coverage on: Report Ocean provides complete tailor-made market reports that deliver vital market information on industry. Our market reports include: Market Sizing and Structuring, Micro and macro analysis, Regional dynamics and Operational landscape, Demographic profiling and Addressable market, Legal Set-up and Regulatory frameworks, Profitability and Cost analysis, Segmentation analysis of Market, Existing marketing strategies in the market, Best practice, GAP analysis, Competitive landscape, Leading market players, Benchmarking, Future market trends and opportunities – Scenario modeling
Geographical Breakdown: The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery path of Covid 19 for all regions, key developed countries and major emerging markets.
Countries: Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam
In-Depth Qualitative COVID 19 Outbreak Impact Analysis Include Identification And Investigation Of The Following Aspects: Market Structure, Growth Drivers, Restraints and Challenges, Emerging Product Trends & Market Opportunities, Porter’s Fiver Forces. The report also inspects the financial standing of the leading companies, which includes gross profit, revenue generation, sales volume, sales revenue, manufacturing cost, individual growth rate, and other financial ratios. The report basically gives information about the Market trends, growth factors, limitations, opportunities, challenges, future forecasts, and details about all the key market players.
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Key questions answered: Study Explore COVID 19 Outbreak Impact Analysis Our team will be able to provide clear answers, identify key opportunities, new investments, and recommend high quality strategy routes in the market. These answers will include a holistic analysis of the: Existing market infrastructures, Market challenges and opportunities, Potential for growth in certain industries in the coming years, End-consumer target groups and their potential volumes of operation, Best regions and segments to target , Pros and cons of various promotion models, Touch points and an opportunity breakdown within the value chain, Market size and growth rate during forecast period., Key factors driving the Market., Key market trends cracking up the growth of the Market., Challenges to market growth., Key vendors of Market., Detailed SWOT analysis., Opportunities and threats faces by the existing vendors in Global Market., Trending factors influencing the market in the geographical regions., Strategic initiatives focusing the leading vendors., PEST analysis of the market in the five major regions.
Here, the report provides information related to import and export, production, revenue, and key players of all regional markets studied. It includes key manufacturers covered, key market segments, the scope of products offered in the global market, years considered, and study objectives. Additionally, it touches the segmentation study provided in the report on the basis of the type of product and application. It gives a summary of key studies, market growth rate, competitive landscape, market drivers, trends, and issues, and macroscopic indicators. Each player profiled in this section is studied on the basis of SWOT analysis, their products, production, value, capacity, and other vital factors.
The market factors described in this report are:
Key Strategic Developments in the Market:
The research includes the key strategic developments of the market, comprising R&D, M&A, agreements, new product launch, collaborations, partnerships, joint ventures, and regional growth of the key competitors functioning in the market on a global and regional scale.
Key Market Features in Global Market:
The report assessed key market features, including revenue, capacity, price, capacity utilization rate, production rate, gross, production, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition to that, the study provides a comprehensive analysis of the key market factors and their latest trends, along with relevant market segments and sub-segments.
Analytical Market Highlights & Approach
The report provides the rigorously studied and evaluated data of the top industry players and their scope in the market by means of several analytical tools. The analytical tools such as Porters five forces analysis, feasibility study, SWOT analysis, and ROI analysis have been practiced reviewing the growth of the key players operating in the market.
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Key Points Covered in Data Loss Prevention Market Report:
| Global Data Loss Prevention Market Research Report |
| Section 1: Global Data Loss Prevention Industry Overview |
| Section 2: Global Economic Impact on Data Loss Prevention Industry |
| Section 3: Global Market Competition by Industry Producers |
| Section 4: Global Productions, Revenue (Value), according to Regions |
| Section 5: Global Supplies (Production), Consumption, Export, Import, geographically |
| Section 6: Global Productions, Revenue (Value), Price Trend, Product Type |
| Section 7: Global Market Analysis, on the basis of Application |
| Section 8: Data Loss Prevention Market Pricing Analysis |
| Section 9: Market Chain, Sourcing Strategy, and Downstream Buyers |
| Section 10: Strategies and key policies by Distributors/Suppliers/Traders |
| Section 11: Key Marketing Strategy Analysis, by Market Vendors |
| Section 12: Market Effect Factors Analysis |
| Section 13: Global Data Loss Prevention Market Forecast |
……..and view more in complete table of Contents
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Jul 08, 2022 (Alliance News via COMTEX) -- Key Companies Covered in the Cybersecurity Market Research are McAfee, Trend Micro Incorporated, IBM Corporation, Microsoft, BAE Systems, Inc., Check Point Software Technology Ltd., F5 Networks, EMC Corporation, FireEye, Inc., Proofpoint Inc., Sophos PLC, Fortinet, Inc., Cisco Systems Inc., Symantec Corporation, Juniper Networks, Palo Alto Networks, Inc., and Qualys Inc., and other key market players.
The global Cybersecurity market was valued at USD 149.7 Billion in 2021 and is projected to reach USD 346.0 Billion by the year 2030. The market is expected to register a CAGR of 13.4% during the forecast period.
Request sample Report for Cybersecurity Market : –https://www.quadintel.com/request-sample/cybersecurity-market/QI036
Cybersecurity is the application of processes, technologies, and controls to protect networks, systems, devices, data, and programs from potential cyber-attacks. The market is majorly driven by the growing demand for cybersecurity mesh and the rising number of data breach incidents worldwide. Furthermore, the rapid technological advancements requiring more advanced, as well as secure business models, are also expected to contribute to the market growth. For instance, in June 2021, Palo Alto Networks Prisma Cloud announced new updates to its Security Posture Management (CSPM) solution. The solution aids in eliminating unsafe cloud blind spots and frees security teams from the lumber of alert fatigue. In addition, the increasing penetration of IoT devices is estimated to fuel market growth.
Growth Influencers:
Growing demand for cybersecurity mesh
Cybersecurity mesh involves design as well as implementation of an IT security infrastructure. It establishes smaller and individual perimeters around each access point and does not focus on building a single perimeter around all nodes or devices of an IT network. With the COVID-19 pandemic, as functional hybrid working models were developed, there were structural changes that had to be made for businesses. This also resulted in evolving and shifting the way, cybersecurity was dealt with. As the demand for flexible and agile systems is increasing, the demand for cybersecurity mesh has also accelerated.
Rising number of data breach incidents worldwide
With the increasing number of data breaches, the demand for cybersecurity solutions is also rising. According to Varonis, due to the pandemic, around 50% of Americans were concerned regarding data breaches in natural disasters and personal safety. Presently, data breaches impact thousands of consumers in one attack itself on an organization. For instance, according to Varonis, on 18 February 2021, the California Department of Motor Vehicles (DMV) alerted the drivers regarding a data breach, after the billing contractor, Automatic Funds Transfer Services, was hit by a ransomware attack. Furthermore, on April 14, 2020, credentials of around 500,000 Zoom accounts were found on the dark web for sale.
Rapid technological advancements requiring more advanced and secure business models
The ability of small and medium-sized enterprises to survive and also thrive, especially in the pandemic, has been dependent on the use and adoption of technology. As technology has become more integrated into everybodys lives, the importance of cybersecurity has increased more. Many market players are investing in partnerships as well as product launches, to bring in new technologies to the market.
For instance, in May 2021, Qualys Inc., introduced a new cybersecurity asset management solution, which is built on the Qualys Cloud Platform, to inventory the complete IT ecosystem, detect potential security gaps and react to the risk, all from a integrated platform. Such technological advancements fuel market growth.
Increasing penetration of IoT devices
With the advent of technology, the demand for IoT devices is also increasing. These devices are potentially vulnerable, due to the lack of efficient security solutions. This is anticipated to boost the demand for cybersecurity solutions for IoT devices. With the COVID-19 pandemic, the demand for managed security for IoT devices by companies has increased, to safeguard the data of their employees as well as the organization. This is also positively impacting the market growth.
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Segments Overview:
The global cybersecurity market is segmented into component, security, deployment, enterprise size, and application.
By component
Solution
– Threat Intelligence
Identity and Access Management
Security and Vulnerability Management
Risk and Compliance Management
Others
– Encryption
– Data Loss Prevention
Network DLP
Storage/ Data Center DLP
Endpoint DLP
– Unified Threat Management
– Firewall
– Intrusion Detection Systems/ Intrusion Prevention Systems
– Disaster Recovery
– Distributed Denial of Service
– Others
Services
– Professional Services
Design and Integration
Risk and Threat Assessment
Consulting
Training and Education
Support and Maintenance
– Managed Security Services
The solutions segment accounts for the largest share of more than 65% due to the high adoption of cybersecurity solutions. The services segment is expected to grow at the fastest CAGR owing to the increasing number of market players adopting cybersecurity services.
By Security,
Network Security
Endpoint Security
Application Security
Cloud Security
Others
The network security segment accounted for the largest share of around 25%, as it is meant to protect the integrity, accessibility, and confidentiality of computer networks and data by using both hardware as well as software technologies.
By Deployment,
Cloud-Based
On-Premise
The cloud-based segment is expected to be the fastest-growing segment based on deployment. The demand for cloud-based solutions is increasing, as more and more applications are getting deployed on the cloud, hence requiring cybersecurity solutions for the cloud-based solutions.
By Enterprise Size,
Small and Medium-Sized Enterprises
Large Enterprises
The small and medium-sized enterprises segment accounted for the largest market share in the enterprise size segment. The rising number of small and medium-sized enterprises is estimated to fuel the market growth of the segment.
By Application,
BFSI
Government
Retail
Healthcare
IT and Telecommunication
Manufacturing
Others
The BFSI segment accounted for the largest market share of more than 22% in the application segment. The healthcare segment is expected to grow at the fastest growth rate owing to the rampant growth of cybercrime activities in healthcare facilities, such as data breaches, threats, and ransomware, among others.
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Regional Overview
On regional basis, the global Cybersecurity market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America.
The North American region accounted for the largest market share of more than 34% in the global market. This is due to the prominent presence of prominent market players in the region, especially in the U.S. These market players include McAfee, IBM Corporation, Microsoft, and Palo Alto Networks, among others.
The European region holds the second largest market share in the global market, owing to the rising spending on security services as well as solutions by SMEs and large enterprises in the region. The Asia Pacific region is anticipated to grow at the fastest growth rate owing to a large number of data attacks in the region.
Competitive Landscape
The cumulative market share of the four major players is near about 37%. These market players are engaged in partnerships, new product launches, mergers & acquisitions to strengthen their market presence. For instance, in July 2021, McAfee signed a partnership with Visa. This enabled North America and EMEA-based financial partners of Visa to provide internet security to Visa Business cardholders.
Access Full Report, here : –https://www.quadintel.com/request-sample/cybersecurity-market/QI036
The global Cybersecurity market report provides insights on the below pointers:
Market Penetration: Provides comprehensive information on the market offered by the prominent players
Market Development: The report offers detailed information about lucrative emerging markets and analyzes penetration across mature segments of the markets
Market Diversification: Provides in-depth information about untapped geographies, recent developments, and investments
Competitive Landscape Assessment: Mergers & acquisitions, certifications, product launches in the global Cybersecurity market have been provided in this research report. In addition, the report also emphasizes the SWOT analysis of the leading players
Product Development & Innovation: The report provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The global Cybersecurity market report answers questions such as:
What is the market size and forecast of the Global Cybersecurity Market?
What are the inhibiting factors and impact of COVID-19 on the Global Cybersecurity Market during the assessment period?
Which are the products/segments/applications/areas to invest in over the assessment period in the Global Cybersecurity Market?
What is the competitive strategic window for opportunities in the Global Cybersecurity Market?
What are the technology trends and regulatory frameworks in the Global Cybersecurity Market?
What is the market share of the leading players in the Global Cybersecurity Market?
What modes and strategic moves are considered favorable for entering the Global Cybersecurity Market?
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COMTEX_409860231/2796/2022-07-08T09:23:19
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Market Analysis
Market Research Future (MRFR) projects the global cloud workload protection market size to reach $15.19 billion at a CAGR of 22.70% from 2020 to 2030 (forecast period).
Growing Adoption of Multi-Cloud Strategy
As organizational security requirements expand, there is a growing need to combine cloud workload protection platform capabilities with that of cloud security posture management systems, which focus on assessing cloud security and compliance. The adoption of a multi-cloud strategy has increased the requirement for cloud workload protection. Multi-cloud environments provide cost and efficiency benefits but also make the management process more complex. This has accelerated market expansion.
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High Demand for Protected Data and Programmed Functionalities and Control of Unofficial and Unidentified Workloads
With the rise of big data in industries, there is a strong demand for security platforms, which is expected to fuel market expansion. Cloud workload protection (CWP) enables businesses to secure important workloads in the cloud. It automates workload security by enabling detection, visibility, and prevention against advanced threats. CWP provides powerful cloud workload protection, including real-time anti-malware scanning with industry-leading technologies and unique application isolation. This aids in the prevention of exploits targeting known and new vulnerabilities, which are expected to fuel global cloud workload protection market growth.
Market Segmentation
The global cloud workload protection industry has been segmented based on component, organization size, deployment, and vertical.
Based on components, the global cloud workload protection market has been divided into solutions and services. The solutions segment has been segmented into vulnerability assessment, monitoring and logging, policy and compliance management, threat detection and incident response, and others. The services segment has been segmented into support and maintenance, training, consulting and integration, and managed services.
Based on organization size, the worldwide cloud workload protection market has been divided into small- and medium-sized enterprises (SME) and large enterprises.
By deployment model, the worldwide cloud workload protection market has been divided into public cloud, private cloud, and hybrid cloud.
Based on vertical, the worldwide cloud workload protection market has been divided into IT and telecommunication, financial services, and insurance (BFSI), banking, government and public sector, healthcare and life sciences, energy and utilities, media and entertainment, retail, and consumer goods, manufacturing and others.
Regional Analysis
North America to Dominate the Global Market
North America dominated the global cloud workload protection market share, owing to organizations using cloud workload protection solutions for security concerns, as well as the region’s rising adoption of a multi-cloud strategy. The United States dominates the market in North America since it is the most technologically advanced country with the widespread use of cloud technology.
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APAC to Witness the Fastest Growth
Due to the growing requirement to prevent cyber-attacks, Asia Pacific is expected to be the fastest-growing market throughout the review period. Along with this, organizations are focusing on lowering enterprise costs while preserving enterprise performance. These cloud workload protection solutions and services boost agility and performance while also managing and delivering multi-cloud services.
Key Players
Trend Micro Incorporated (Japan), McAfee Inc. (US), Symantec Corporation (US), Sophos Ltd (UK), Guardicore (Israel), CLOUDPASSAGE (US), DOME9 SECURITY INC. (Israel), HYTRUST INC. (US), LogRhythm Inc. (US), Tripwire (US), Kaspersky (Russia), Google (US), Qualys Inc. (US), Nutanix (US), Akamai Technologies (US).
Industry News
In August 2019, McAfee acquired NanoSec in order to Boost its market-leading capabilities in cloud security. This is expected to drive the cloud workload protection market.
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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
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Jun 21, 2022 (Market Insight Reports) -- The latest Data Exfiltration Market Analysis is designed to help clients Boost their market position, and in line with this, this report provides a detailed analysis of several leading Data Exfiltration market Key Players including Symantec, Mcafee, Palo Alto Networks, Fortinet, Zscaler, Sophos, Trend Micro, Check Point Software Technologies, Juniper Networks, Fireeye, Digital Guardian, Barracuda Networks, Forcepoint, Iboss, Alert Logic, Cisco, GTB, Hillstone Networks, Clearswift (Ruag), Netwrix, and Others. Also, the Data Exfiltration market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
Our Experts will help you get valuable insights about Data Exfiltration market share, size, and regional growth prospects. Available Other Related Market Research Reports
Sample PDF Report at- https://reportsinsights.com/sample/597096
Data Exfiltration Market showcases an in-depth analysis of the overall Data Exfiltration market in terms of market size, upstream situation, price & cost, industry environment, segmentation for Data Exfiltration providers, end-users, geographies, and analysis up to 2028. In addition, the report outlines the factors driving industry growth and the description of market channels.
This has brought along several changes in this report also covers the impact of COVID-19 on the global market.
The market research report covers the analysis of key stakeholders of the Data Exfiltration market. Some of the leading players profiled in the report include: Symantec, Mcafee, Palo Alto Networks, Fortinet, Zscaler, Sophos, Trend Micro, Check Point Software Technologies, Juniper Networks, Fireeye, Digital Guardian, Barracuda Networks, Forcepoint, Iboss, Alert Logic, Cisco, GTB, Hillstone Networks, Clearswift (Ruag), Netwrix
The research insights presented in this report are backed by a deep understanding of key insights gathered from both secondary and primary research. The opinions and insights presented in the Data Exfiltration market report were influenced by discussions held with several players in this industry. the Data Exfiltration market report highlights the key players and manufacturers and the latest strategies including new product launches, partnerships, joint ventures, technology, segmentation in terms of region and industry competition, profit and loss ratio, and investment ideas. A precise evaluation of effective manufacturing techniques, advertisement techniques, Data Exfiltration market share, size, growth rate, revenue, sales, and value chain analysis.
The 'Global Data Exfiltration Market Research Report' is a comprehensive and informative study on the current state of the Global Data Exfiltration Market industry with emphasis on the global industry. The report presents key statistics on the market status of the global Data Exfiltration market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
Major Product Types covered are:
User Activity Monitoring
Antivirus/Anti-malware
Firewall
Intrusion Detection System/Intrusion Prevention System (IDS/IPS)
Encryption
Data Loss Prevention (DLP)
Others
Major Applications of Data Exfiltration covered are:
BFSI
Government and Defense
Retail and eCommerce
IT and Telecom
Healthcare and Life Sciences
Manufacturing
Energy and Utilities
Others
Regional Data Exfiltration Market (Regional Output, Demand & Forecast by Countries):-
North America (United States, Canada, Mexico)
South America ( Brazil, Argentina, Ecuador, Chile)
Asia Pacific (China, Japan, India, Korea)
Europe (Germany, UK, France, Italy)
Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And More.
Access full Report Description, TOC, Table of Figures, Chart, etc. at-https://www.reportsinsights.com/industry-forecast/data-exfiltration-markets-growth-trends-597096
The report is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers and partners, end-users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Reasons to Purchase Global Data Exfiltration Market Report:
1. Important changes in Data Exfiltration market dynamics
2. What is the current Data Exfiltration market scenario across various countries?
3. Current and future of Global Data Exfiltration market outlook in the developed and emerging markets.
4. Analysis of various perspectives of the market with the help of Porter's five forces analysis.
5. The segment that is expected to dominate the Global Data Exfiltration market.
6. Regions that are expected to witness the fastest growth during the forecast period.
7. Identify the latest developments, Global Data Exfiltration market shares, and strategies employed by the major market players.
8. Former, ongoing, and projected Data Exfiltration market analysis in terms of volume and value
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Acumen Research and Consulting recently published report titled “Artificial Intelligence in Cybersecurity Market Size, Share, Analysis Report and Region Forecast, 2022 - 2030”
DUBLIN, July 18, 2022 (GLOBE NEWSWIRE) -- The Global Artificial Intelligence (AI) in Cybersecurity Market size accounted for USD 14.9 Billion in 2021 and is estimated to reach the market value of USD 133.8 Billion by 2030.
The rising number of cyberattacks helped the industry to generate a noteworthy artificial intelligence (AI) in cybersecurity market revenue during the projected years. For instance, according to the U.S. Healthcare Cybersecurity Market 2020 report, more than 90% of healthcare organizations experienced at least one cybersecurity breach in the previous three years. Additionally, according to Cisco data, distributed denial-of-service (DDoS) attacks will more than double to 15.4 million by 2023, up from 7.9 million in 2018.Furthermore, more than four-fifths (86 percent) of data breaches in 2020 were financially motivated.
Our recent artificial intelligence in cybersecurity industry analysis found out that enterprises lose millions of dollar in cyberattacks. For instance, cybercrime costs organizations $2.9 million per minute, and data breaches cost major corporations $25 per minute. According to IBM's Cost of a Data Breach report, the United States has the highest data breach costs in the world, with the average attack costing $8.6 million.
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Report Coverage:
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Market |
Artificial Intelligence in Cybersecurity Market |
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Market Size 2021 |
USD 14.9 Billion |
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Market Forecast 2030 |
USD 133.8 Billion |
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CAGR During 2022 - 2030 |
27.8 |
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Analysis Period |
2018 - 2030 |
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Base Year |
2021 |
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Forecast Data |
2022 - 2030 |
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Segments Covered |
By Offering, By Technology, By Deployment Model, By Security Type, By Application, By End-User, And By Geography |
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Regional Scope |
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
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Key Companies Profiled |
Acalvio Technologies, Amazon Web Services, Inc., Cylance Inc., Darktrace, Fortinet Inc., Intel Corporation, FireEye Inc., IBM Corporation, Micron Technology, Inc., Palo Alto Networks Inc., NVIDIA Corporation, Samsung Electronics Co., Ltd, Securonix Inc., Symantec Corporation, Vectra AI, Inc., and Xilinx Inc. |
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Report Coverage |
Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis |
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Customization Scope |
10 hrs of free customization and expert consultation |
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COVID-19 Impact on Artificial Intelligence in Cybersecurity Market
With the Covid-19 pandemic in 2020, most companies around the world suffered massive losses. The global artificial intelligence in cybersecurity market, on the other hand, saw a profiting effect. During the early phase of the pandemic, when governments around the world imposed strict movement restrictions and frequent lockdowns to combat virus spread, most organizations adopted a work-from-homeculture.This paradigm shift pushed organizations into new challenges, such as increasing vulnerabilities to cyber threats as a result of their reliance on home networks for internet access. As a result, the demand for robust cybersecurity systems incorporated with artificial intelligence increased exponentially, benefiting the overall market in the midst of the crisis.
Artificial Intelligence in Cybersecurity Market Dynamics
The growing adoption of IoT and the growing number of connected devices are the factors that are expected to fuel the artificial intelligence in cybersecurity market share. The internet of things has greatly facilitated the execution of complex tasks and simplified the lives of millions of people. However, as the number of connected devices grows, so does the threat of cyberattacks.
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The surging demand for cloud-based security solutions is expected to offer lucrative prospects for the artificial intelligence in cybersecurity market growth. As more applications are deployed in the cloud, large enterprises and SMEs are shifting away from on-premises cybersecurity solutions toward cloud-based security solutions. The growing use of cloud-based security solutions could provide opportunities for AI in cybersecurity solutions.
However, aspects such as the vulnerability issues related to IoT devices, as well as misconceptions and a lack of awareness regarding AI in cybersecurity solutions, pose significant challenges to the market's growth.
Worldwide Artificial Intelligence in Cybersecurity Market Segmentation
The global artificial intelligence in cybersecurity market has been divided into several segments, including offering, technology, deployment model, security type, application, end-user, and region. The market is divided into two categories: software and services. The software segment is expected to dominate the market with the highest market share. The technology segment is divided into three categories: machine learning (ML), context-aware computing, and natural language processing (NLP). Machine learning is one of the most important sub-segments of technology.
The deployment model segment is divided into cloud and on-premise. Cloud computing, for example, accounted for a sizable market share. The market is divided into four categories of security: network security, cloud security, application security, and endpoint security. According to the artificial intelligence in cybersecurity market forecast, cloud security will grow at a significant rate between 2022 and 2030.
The application segment is divided into the following categories: Antivirus/antimalware, data loss prevention, fraud detection/anti-fraud, identity & access management, intrusion detection/prevention system, risk & compliance management, security & vulnerability management, threat intelligence, unified threat management, and other applications (DDoS mitigation, firewall, disaster recovery, application whitelisting, web filtering, and patch management). In 2021, the antivirus/antimalware segment held a sizable share. The end-user segment is further subdivided into BFSI, enterprise, retail, government &defence, manufacturing, healthcare, automotive & transportation, infrastructure, and other (oil & gas, education, and energy). According to our analysis, the enterprise segment will generate significant revenue in 2021, while the BFSI segment will experience rapid growth in the coming years.
Artificial Intelligence in Cybersecurity Market Regional Overview
The global artificial intelligence in cybersecuritymarket regional outlook is given as North America, Europe, Latin America, Asia-Pacific, and the Middle East and Africa. North America is an early adopter of innovative technologies, as its banks, government agencies, and financial institutions face ever-increasing cyber-threats. Over the forecast period of 2022 to 2030, the Asia-Pacific market is projected to expand at the fastest CAGR. Data protection for security purposes in the Asia-Pacific region has urged national cybersecurity to invest in cybersecurity.
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Artificial Intelligence in Cybersecurity Market Players
Some artificial intelligence in cybersecuritycompanies covered globally includes Acalvio Technologies, Amazon Web Services, Inc., Cylance Inc., Darktrace, Fortinet Inc., Intel Corporation, FireEye Inc., IBM Corporation, Micron Technology, Inc., Palo Alto Networks Inc., NVIDIA Corporation, Samsung Electronics Co., Ltd, Securonix Inc., Symantec Corporation, Vectra AI, Inc., and Xilinx Inc.
Browse More Research Topic Technology Sector:
The Global Healthcare Cybersecurity Market size is expected to reach around USD 12 Billion by 2027 and growing at a CAGR of 16% during the forecast period 2020 to 2027.
The Automotive Cybersecurity Market current worth is nearly USD 191 million and the market is foreseeable to touch USD 912 million by 2026.
The Global Artificial Intelligence Market is expected to reach the market value of around USD 160 Billion by 2026 and is anticipated to grow at a CAGR of around 49% in terms of revenue during the estimated period 2019 to 2026.
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