Global cloud DLP market has been segmented on the basis of components (solution and services), organization sizes, verticals, and regions.
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The following key cloud DLP providers are profiled in the report:
- Check Point Software Technologies (Tel Aviv, Israel)
- Digital Guardian (Massachusetts, US)
- Forcepoint (Texas, US)
- McAfee (California, US)
- Symantec (California, US)
- CA Technologies (New York, US)
- Cisco Systems (California, US)
- Clearswift (Berkshire, UK)
- Netskope (California, US)
- Zscaler (California, US)
The cloud DLP market is expected to grow from USD 744.4 million in 2017 to USD 2,508.9 million by 2022, at a Compound Annual Growth Rate (CAGR) of 27.5%. The market is said to be driven by various factors, such as the achievement of regulatory compliances and heavy increase in cloud adoption.
However, the major hindrance faced by enterprises while adopting cloud DLP services is the excessive false positives.
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North America is the foremost potential market, due to the presence of a large number of players offering cloud DLP technologies.
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The region is expected to have the largest market size during the forecast period, as North American organizations are early adopters of cloud DLP solution and services. Furthermore, organizations have invested significantly on cloud technologies to gain a competitive advantage and improve the business operations, thus there is a significant need to protect mission-critical data from being exposed.
The APAC region is in the initial growth phase.
Key Target Audience for Cloud DLP Market at
- Data protection solution providers
- DLP vendors
- Security solution vendors
- CSPs, ISVs
- System integrators
- Research organizations
- Consulting companies
- Government agencies
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However, it is expected to be the fastest-growing region in the global cloud DLP market. The increasing adoption of cloud DLP services in this region is due to the large number of Small and Medium-sized Enterprises (SMEs).
This is expected to have a positive impact on the APAC cloud DLP market growth. The cloud DLP solution would help SMEs prevent the data from getting leaked.
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