by TECHNEWS MOBI | 19th February 2020 10:22 am
TMRR in its latest research report states that the global market size of GDPR Assessment Tools market was $XX million in 2018 with XX CAGR from 2014 to 2018, and is expected to reach $XX million by the end of 2029 with a CAGR of XX% from 2019 to 2029.
Global GDPR Assessment Tools Market Report 2019 – Market Size, Share, Price, Trend and Forecast is an intuitive and exhaustive study on the current and future prospects of the global GDPR Assessment Tools industry. The key insights are elucidated as under:
The report postulates key numbers on the market status of the GDPR Assessment Tools market manufacturers and is a reliable and valuable source of market intelligence for companies and individuals interested in the industry.
The report provides an intrinsic overview of the industry including its market definition, market overview and market executive summary.
The report depicts an in-depth analysis on the company profiles, product specifications, capacity, production value, of leading stakeholders in the GDPR Assessment Tools market
The GDPR Assessment Tools market is further scrutinized through the SWOT analysis of key players for the competitive landscape analysis.
The report also brings forth important trends in the GDPR Assessment Tools market that are changing the dynamics of the market.
A detailed scrutiny of upstream raw materials, downstream demand, and current market dynamics of GDPR Assessment Tools market helps stakeholders take strategic decisions
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There are 4 key segments covered in this report: machine segment, product type segment, end use segment and regional segment.
Competitive landscape of GDPR Assessment Tools market has tier 1, tier 2 and tier 3 players and provides a dashboard view of their strategies and intensity mapping.
Trends and Opportunities
An aggressive rise in the growth of the Europe GDPR assessment tools market could be testified in the coming years with increasing regulation of data processing apropos of an organization, a company, or an individual. The expansion of the market could further gain support from mandates on GDPR compliance for both EU and non-EU organizations managing clients or operating in Europe. One of the important growth factors of the market could be rising personal data privacy concerns and incidence of cybercrimes, which have increased the need for GDPR implementation. Organizations usually face high penalties for not complying with GDPR.
Europe GDPR Assessment Tools Market: Market Potential
Players are envisaged to take advantage of the growing demand for GDPR assessment tools in digital and social media marketing, where marketers are required to manage data while adhering to GDPR. Rising automation in digital and social media marketing could fuel this demand in the foreseeable future.
If only slightly, Facebook has recently suffered a tangible impact of the Europe GDPR as it is said to have lost almost one million monthly active users. However, this may not be a trend, and even be a modest dip considering the protracted effects of the Cambridge Analytica scandal. Nevertheless, the social media company may have to walk a fine line because Europeans are usually more sensitive about internet privacy issues.
Europe GDPR Assessment Tools Market: Regional Outlook
German companies have been focusing on obtaining intelligence on customer data location, which could prove to be crucial when a customer asks for the deletion of their data. As a significant GDPR prerequisite and top priority of most organizations, understanding data controllers and processors could be a leading factor augmenting the demand for GDPR assessment tools. The Europe market for GDPR assessment tools is prophesied to gain impetus with demand growing on the back of increasing concerns related to data uploaded on social media sites such as Facebook.
Close to 50% of all organizations in Europe are not yet GDPR-compliant. This could intensify the demand for GDPR assessment tools because of the extensive steps and complexity involved in the compliance process. Non-GDPR-compliant organizations are under some pressure to avoid penalties and maintain their market reputation while achieving absolute data control. In this regard, it could be said that the growth of the Europe GDPR assessment tools market may receive a strong push in the near future.
Europe GDPR Assessment Tools Market: Companies Mentioned
The Europe GDPR assessment tools market marks the presence of leading players such as Commvault Systems Inc., Softcat Plc, Mimecast Services limited, IBM Corporation, and Microsoft Corporation.
Europe GDPR Assessment Tools Market by Deployment
Europe GDPR Assessment Tools Market by Service
Implementation and Integration
Support and Maintenance
Europe GDPR Assessment Tools Market by Enterprise Size
Small and Medium
Europe GDPR Assessment Tools Market by End-use Industry
Consumer and Retail
Discrete and Process Manufacturing
IT and BPO
Telecom, Media, and Entertainment
Aerospace and Defense
Travel, Transport, and Logistics
Europe GDPR Assessment Tools Market by Tool
Privacy Impact Assessment Tool
Data Inventory and Mapping Automation Tool
Readiness and Accountability Tool
Incident and Breach Management Tool
Subject Access Rights Portal Tool
Website Scanning and Cookie Compliance Tool
Vendor Risk Assessment Tool
Consent Management Tool
Europe GDPR Assessment Tools Market by Country
Rest of Europe
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For regional segment, the following regions in the GDPR Assessment Tools market have been covered
Reasons to Purchase this Report:
Market dynamics scenario, along with growth opportunities of the market in the years to come
Market segmentation analysis and strategies for growth including qualitative and quantitative research incorporating the micro and macro-economic factors of the GDPR Assessment Tools market
Regional and country level analysis and the demand and supply factors which are influencing the growth of the market
Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
Competitive landscape which includes market share of leading stakeholders, along with key mergers, acquisitions and product offerings
1-year analyst support, along with the data support
We also can offer customized report to fulfil special requirements of our clients. Regional and Countries report can be provided as well.
The original article was posted here: https://technews.mobi/all-news/2020/02/17/upsurge-in-demand-for-high-end-applications-to-bolster-gdpr-assessment-tools-market-through-forecast-period2017-2025/
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