Privacy Management Software Market is expected to reach US$ 1,585.9 million by 2027

Mounting Consciousness towards Data Privacy among Consumers will escalate the Privacy Management Software Market

Latest market study on "Privacy Management Software Market to 2027 by Application (Compliance Management, Risk Management, Reporting and Analytics, Others); Deployment Mode (On-Premises, Cloud); Organization Size (SMEs, Large Enterprises); Industry Vertical (Telecommunication and IT, BFSI, Government and Defense, Others) - Global Analysis and Forecast", the privacy management software market is estimated to reach US$ 1,585.9 million by 2027 from US$ 521.3 million in 2018 with a CAGR of 13.7% during the forecast period 2019-2027. The report include key understanding on the driving factors of this growth and also highlights the prominent players in the market and their developments.

The privacy management software market has recently witnessed a significant adoption in European countries such as UK, France, Italy, and others. The growth in adoption of the privacy management software is attributed to several factors such as Changing regulations and Norms in favor of market growth and growing awareness towards data privacy among consumers.  

There has been constant advancements in the privacy management software market. For instance, in 2019 OneTrust works with Adobe to reveal new mobile tools to encourage marketing and privacy professionals in understanding potential privacy risks and opportunities. The new Mobile App Privacy Health Check offers deeper vision into the technologies which they are utilizing to power the customer’s mobile experiences.

Some of the key companies operating in privacy management software market across the globe include AvePoint, Inc., BigID, Inc., IBM Corporation, Nymity Inc., OneTrust, LLC, Protiviti Inc., RSA Security LLC, LogicGate, Inc., SureCloud, and TrustArc Inc. among various other leading market players. Several other players are also functioning in the market worldwide, contributing significant revenue shares year on year.

The report segments the global privacy management software market as follows:

Global Privacy Management Software Market – By Deployment Type

• On-Premise
• Cloud

Global Privacy Management Software Market – By Organization Size

• Small & Medium Enterprise
• Large Enterprise

Global Privacy Management Software Market – By Application

• Compliance Management
• Risk Management
• Reporting & Analytics
• Others

Global Privacy Management Software Market – By Industry Vertical

• Telecommunication & IT
• BFSI
• Government & Defense
• Others

Global Privacy Management Software Market – By Geography

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • France
  • Germany
  • Italy
  • Netherland
  • U.K.
  • Rest of Europe
• Asia Pacific (APAC)
  • Australia
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia Pacific
• Middle East and Africa (MEA)
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of MEA
• South America (SAM)
  • Brazil
  • Argentina
  • Rest of SAM

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