The Global GDPR services market is anticipated to grow at a considerable CAGR of 19.1% during the forecast period. The primary factor driving the GDPR services market is the increased importance of data security in business processes across industries such as transportation, retail, manufacturing, and healthcare. However, the need for skilled workforces, lack of efficacy of the business services model, data privacy & security concerns, and the need for huge investment are hampering the growth of the market.
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European consumers are more conscious of data management and data breach issues, and they take proactive measures to address such incidents. This is reflected in the enforcement of laws aimed at promoting data security among European citizens, which can also enhance the reputation of companies and their offerings. By adhering to regulations and building positive perceptions among European consumers, brands are expected to drive the adoption of GDPR services worldwide. For instance, according to a survey conducted by GDPR.EU in 2019, 716 small business leaders in Spain, the UK, France, and Ireland were polled to gauge their compliance with the new GDPR requirements. The findings indicated a widespread willingness among businesses to adhere to the GDPR. When it comes to describing data processing activities in clear, plain language to data subjects as per Article 12, only 44.0% of organizations “completely agree.” A majority either expressed moderate satisfaction (34.0% “somewhat agree”) or were indifferent (9.0% were “neutral”), while some felt they did not effectively communicate data processing activities. Surprisingly, 44.0% of respondents lacked confidence in always obtaining consent or determining a lawful basis before using personal data. It’s worth noting that consent, as outlined in Article 6, is a crucial right of data subjects and is a cornerstone of the GDPR.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global GDPR Services Market by Deployment
- Cloud
- On-Premises
Global GDPR Services Market by Size
- Small and medium enterprises
- Large enterprises
Global GDPR Services Market by End-User Industry
- Aerospace and Defense
- BFSI
- Government
- Healthcare
- IT and Telecom
- Manufacturing
- Others (Consumer Goods, Retail)
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Acumatica, Inc.
- Dassault Systemes SE
- Deltek, Inc
- Epicor Software Corp.
- IBM Corp.
- Infor Inc.
- Microsoft Corp.
- NetSuite Inc.
- Oracle Corp.
- Salesforce
- SAP SE
- SYSPRO
- Totvs SA
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global GDPR services market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where in the market.
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