1. Market Research
  2. > ICT
  3. > Software Market Trends
Privacy Management Software Market to 2027 - Global Analysis and Forecasts by Application ; Deployment Mode ; Organization Size ; Industry Vertical

Privacy Management Software Market to 2027 - Global Analysis and Forecasts by Application ; Deployment Mode ; Organization Size ; Industry Vertical

  • March 2019
  • 197 pages
  • ID: 5764225
  • Format: PDF

Summary

Table of Contents

Search Inside

The global privacy management software market is accounted to US$ 521.3 Mn in 2018 and is expected to grow at a CAGR of 13.7% during the forecast period 2019 - 2027, to account to US$ 1,585.8 Mn by 2027. The global privacy management software market is experiencing steady growth in the forecast period with regards to continuous research and development activities, to bring necessary innovations in privacy management software market. The cloud hold a significant position in deployment type segment, which is a model where the data is stored in the third-party cloud provider. The clients have no control over the location of the infrastructure; this infers that if a vendor’s data center is breached, the enterprise will have no control over time period of the outage or what data may be conceded. The cloud deployment model is ideal for organizations which are willing to adopt analytics solutions with low investment. It mainly allows the company to procure the data with all their services, but on an economical expense. Thus, the rapidly increasing demand for cloud based deployment is expected to boost the privacy management software market in the near future.

The privacy management software market is fragmented with the presence of several industries and the competitive dynamics in the privacy management software market is expected to change during the upcoming years.In addition to this, various initiatives are undertaken by the governmental bodies to accelerate the privacy management software market further.

For instance, California in 2018 influenced by the EU’s GDPR regulation, amended CCPA (California Consumer Privacy Act) of 2018.The law (AB375) was signed by Jerry Brown, and it mirrored the GDPR in several aspects.

This law is expected to provide the state’s 40 million residents with the right to access the data that companies hold on them.In addition these residents would also have the authority to update their information, or request it to be deleted and not sold to the third party.

This initiative provides multiple benefits to the privacy management software market players and thus increasing the growth of privacy management software market in the region.

A key trend which will predominantly affect the privacy management software market in a coming year is the emerging international co-ordination will remain patchy at best.With the advancement in technology in today’s world and the existing network, the formal introduction of GDPR, the market has already seen other regions move to instate their own legislation, including California, South America and Asia Pacific.

Although many of the proposed drafts and new regulations are less stringent than GDPR.In an ideal world, culture of international business would lead to an international standard for data privacy.

Instead, on the global stage, the market is most likely foresee enforcement shaping how international companies go about approaching data privacy in their business practices. These factors are anticipated to gain traction in the coming times having a significant impact of the privacy management software market.

Privacy management software market by Organization Size is segmented into small & medium enterprises and large enterprises.The large enterprise segment holds a significant share in the privacy management software market during the forecast period.

Large organizations collect and store huge amounts of data but it’s difficult for them to track, secure or report on this data’s history or flow. The latest financing, which has taken the startup’s valuation to $46.1M, is a result of BigID’s timely offering: helping companies comply with the Global Data Protection Right (GDPR) data privacy regulations. This need for compliance with a new legal framework and increasing pushback from privacy-focused consumers has changed the way software company’s look at privacy solutions are expected to fuel the demand for privacy management software market during the forecast period. Europe region is the fastest growing as increased access to government data sources in machine readable formats across borders and jurisdictions will provide AI practitioners with a wide variety of data to help train AI systems. The adoption of international data interoperability standards will help speed the development and adoption of AI systems, and increase the efficiency of data sharing processes. Government incentives to increase willingness and comfort with sharing information with the public and private sectors will help shift the mentality of data as a product, and encourage data sharing. Furthermore, North America holds the dominant share in the privacy management software market.

The overall privacy management software market size has been derived using both primary and secondary source.The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the privacy management software market.

Also, multiple primary interviews were conducted with industry participants and commentators in order to validate data and analysis.The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the privacy management software market.

Some of the players present in privacy management software market are AvePoint, Inc., BigID, Inc., IBM Corporation, Nymity Inc., OneTrust, LLC, Protiviti Inc., RSA Security LLC, LogicGate, Inc., SureCloud, and TrustArc Inc. among others.

Reasons to Buy
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global privacy management software market
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the global cryocooler market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Veronica helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers
IDC's Worldwide Cloud Data Management, Replication,  and Protection Taxonomy, 2019: Describing the Data Protection Universe

IDC's Worldwide Cloud Data Management, Replication, and Protection Taxonomy, 2019: Describing the Data Protection Universe

  • $ 4104
  • March 2019

This IDC study provides details of IDC's worldwide cloud data management, replication, and protection taxonomy. The data protection market is highly dynamic, driven by new application workload deployments ...

Network Forensics Market - Growth, Trends, and Forecast (2019 - 2024)

Network Forensics Market - Growth, Trends, and Forecast (2019 - 2024)

  • $ 4250
  • April 2019

Market OverviewThe network forensics market was valued at USD 1.75 billion in 2018, and is expected to reach USD 3.82 billion by 2024, at a CAGR of 14.9%, over the forecast period (2019-2024).- As enterprises ...

IT Staffing Market in US - Industry Outlook and Forecast 2019-2024

IT Staffing Market in US - Industry Outlook and Forecast 2019-2024

  • $ 3500
  • April 2019

The US IT staffing market is expected to reach around $39 billion by 2024, growing at a CAGR more than 3% during 2018–2024.A resurgent US economy, along with consistently low staffing levels is a majo ...


ref:plp2019

Reportlinker.com © Copyright 2019. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on