Dublin, Dec. 04, 2023 (GLOBE NEWSWIRE) — The “GDPR Services – Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.
Global GDPR Services Market to Reach $7.4 Billion by 2030
The global market for GDPR Services estimated at US$2 Billion in the year 2022, is projected to reach a revised size of US$7.4 Billion by 2030, growing at a CAGR of 17.7% over the analysis period 2022-2030. Solutions, one of the segments analyzed in the report, is projected to record 16.9% CAGR and reach US$4.4 Billion by the end of the analysis period. Growth in the Services segment is estimated at 19% CAGR for the next 8-year period.
The report discusses how the COVID-19 pandemic has created new opportunities for GDPR (General Data Protection Regulation) compliance solutions. It highlights the positive impact of GDPR on data privacy in select regions, emphasizing the significance of GDPR as a privacy law to safeguard personal data. The report also addresses the leading causes of distrust in the technology industry and key articles impacting security operations related to GDPR compliance.
It offers best practices and measures to ensure compliance with GDPR and mentions the California Consumer Privacy Act (CCPA) as the American equivalent of GDPR. The GDPR Services market outlook is presented, including insights into the adoption of GDPR services by large organizations and regional analysis, with Europe remaining at the forefront of GDPR service adoption.
Additionally, the report highlights select innovations in the GDPR compliance solutions space and assesses the competitive market presence of players worldwide in 2022, categorizing them as strong, active, niche, or trivial.
The U.S. Market is Estimated at $416.5 Million, While China is Forecast to Grow at 17.6% CAGR
The GDPR Services market in the U.S. is estimated at US$416.5 Million in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$393.6 Million by the year 2030 trailing a CAGR of 17.6% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 15.4% and 16.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 18.6% CAGR.
What`s New?
- Special discussions on the global economic climate and market sentiment
- Coverage on global competitiveness and key competitor percentage market shares
- Market presence analysis across multiple geographies – Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and trademarked research platform
- Complimentary updates for one year
- Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 551 |
| Forecast Period | 2022 – 2030 |
| Estimated Market Value (USD) in 2022 | $2 Billion |
| Forecasted Market Value (USD) by 2030 | $7.4 Billion |
| Compound Annual Growth Rate | 17.8% |
| Regions Covered | Global |
MARKET TRENDS & DRIVERS
- GDPR Impact on Marketing Firms: Mending Approaches to Data Permission, Access and Compliance
- Relevant of Emails Received by Internet Users Post-GDPR Implementation (in %)
- Measures to Ensure Compliance
- Despite the Crushing Impact of COVID-19 Crisis, Manufacturing, the Largest Sector to Remain an Important Revenue Generator
- Security Threats Facing Industrial Companies: Percentage of Companies Identifying Security as Major Concern
- Business Climate Indicator in the Euro Area for the Period June 2019 to May 2020
- Global PMI Index Points for the Years 2018, 2019 & 2020
- Fast Evolving Role of Industry 4.0 & Smart Factory to Steer Future Expansion
- Global Investments on Industry 4.0 Technologies (in US$ Billion) for the Years 2017, 2020, & 2023
- Increase in Number of Connected Devices and Increasing IoT Adoption: Key Growth Drivers
- Global IoT Spending: Percentage Breakdown by Industry Vertical for the Years 2018 and 2022
- Migrating to Cloud Fuels Demand for GDPR Compliance
- Cloud-Related Challenges: % of Companies Facing Challenge by Company Size
- E-Commerce Retailers Face Additional GDPR Burden
- Telecom Industry Braces for Data Explosion from IoT Devices
- Spurt in Online Collaboration Volumes Spur Bandwidth Needs Worldwide Driving Compliance Needs
- Breakdown of Internet Users (in %) by Region: Q1 2020
- Rise of Mobile Communication Accelerates Telecom Sector to a New Level, Generating Opportunities for GDPR
- Smartphone Penetration Rate as Share of Total Population: 2016-2021
- Education Sector Revamps to Meet GDPR Mandates
- Digital Entertainment Industry at the Crossroads
- Increasing Investments in Healthcare Infrastructure to Enhance Demand for GDPR Compliance
- World Healthcare Expenditure (In US$ Trillion) for the Years for 2017, 2019, 2021, 2023
- Healthcare to Become Important GDPR Services Market in Long Term
- Rise in Small and Medium Enterprises (SMEs) Presents Opportunity for GDPR
- Market Research and Compliance in the GDPR Era
- Penalties and Fines for Non-Compliance
- Largest GDPR Fines in € Million
FOCUS ON SELECT PLAYERS(Total 102 Featured)
- Cisco Systems, Inc.
- BAE Systems PLC
- Adobe Inc.
- Atos SE
- Amazon Web Services, Inc.
- Cognizant Technology Solutions U.S. Corporation
- Capgemini SE
- BMC Software, Inc.
- CrownPeak Technology
- Absolute Software Corporation
- BSI
- Cerillion Technologies Ltd.
- AT&T Cybersecurity
- CONREGO Sp. z o.o. Sp. k.
- DXC Technology Company
For more information about this report visit https://www.researchandmarkets.com/r/bmwxvo
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