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Major companies operating in the data loss prevention market are :
These companies are focused on strategic mergers & acquisitions to expand their market capabilities. For instance, In January 2023, IBM acquired Prevoty, a provider of data loss prevention software. The acquisition is expected to help IBM expand its DLP portfolio and capabilities.
Digital Guardian Inc, IBM Corporation, BlackBerry, Broadcom, Inc., CheckPoint, Cisco Systems, Inc., Citrix Systems Inc., CrowdStrike, GTB Technologies Inc., Mcafee LLC, Microsoft Corporation, Proofpoint, SAP SE, Sophos Ltd., and VMware, Inc are some of the leading DLP companies.
North America recorded over 32% of the market share in 2022 and will witness expansion through 2032, owing to the increasing cybersecurity concerns and stringent data protection regulations in the region.
The large enterprises investor type segment held more than 60% of the market share in 2022, driven by the surging need to protect sensitive data from cyber threats and maintain compliance with data protection regulations.
The market size of data loss prevention (DLP) was reached USD 2 billion in 2022 and is set to witness 22.1% CAGR from 2023 to 2032, owing to the presence of stringent data protection regulations worldwide.