GDPR Assessment Tool Market Segmentation:
Deployment Segment Analysis
The cloud-based segment in the GDPR assessment tool market is estimated to gain the largest revenue share of about 65% in the year 2035. The segment growth can be attributed to the easy management of GDPR assessment tool. Cloud-based services are retrieved from the internet and presented on the service provider's servers. It offers very low upfront cost, easy to use when working remotely, and scalability. According to a recent report, around 3 billion people were using personal clouds in 2020 out of which 71% of the users are using it for storing photos in the cloud, around 55% use personal clouds for backups, while 41% use this storage for music and videos. Moreover, the cloud-based market allows businesses to easily assess and ensure compliance with the General Data Protection Regulation.
Application Segment Analysis
The small & medium sized enterprises segment in the GDPR assessment tool market is estimated to gain a significant share of about 57% in the year 2035. The segment growth can be attributed to meeting the data privacy demand in low budgets. In small and medium-sized enterprises, GDPT assessment tool help in addressing data privacy requirements with smaller budgets and very limited resources. It facilitates the management of data efficiently and protects processes.
Our in-depth analysis of the global GDPR assessment tool market includes the following segments:
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