Cloud DLP Solution Market Analysis

Deployment Model (On-premise, Cloud-Based)

The global cloud data loss prevention (DLP) solution market is segmented and analyzed for demand and supply by deployment model into on-premise and cloud-based. Out of these types of deployment models, the cloud-based segment is estimated to gain the largest market share over the projected time frame. The growth of the segment can be attributed to the rise in spending on cloud services infrastructure worldwide as well as the growing use of the cloud in businesses. Multiple organization uses cloud services for several purposes to reduce the number of human errors. Furthermore, the escalating penetration of AI and IoT services is further expected to propel the segment growth over the forecast period. It was found that, in 2021, around USD 41 billion was spent on cloud service infrastructure globally.

End-user (IT, Telecom, BFSI, Government, Healthcare, Manufacturing, Retail, Logistics)

The global cloud data loss prevention (DLP) solution market is also segmented and analyzed for demand and supply by end-user into IT and telecom, BFSI, government, healthcare, manufacturing, retail, and logistics. The IT and telecom segment is expected to garner a significant share among these segments. Telecommunication companies are completely dependent on cloud data loss prevention (DLP) solutions to prevent any data loss that can damage their financial infrastructure and reputation. For instance, nearly USD 1 trillion was noticed to be spent on telecommunication services in 2022. Furthermore, the segment is also projected to grow on the back of rising data traffic by IT and telecom companies that require proper management and security. Cloud data loss prevention (DLP) solution provides such required management and security to its users at affordable prices. For instance, the annual rate of data traffic is observed to be nearly 50 exabytes globally.

Our in-depth analysis of the global market includes the following segments: