Global GDPR Services Market Forecast to 2023 – Expected to Grow at a CAGR of 24.0% – ResearchAndMarkets.com

The “GDPR
Services Market by Solution (Data Discovery and Mapping, Data
Governance, and API Management), Service (GDPR Readiness Assessment,
Risk Assessment and DPIA, and DPO-as-a-Service), Organization Size, and
Region – Global Forecast to 2023” report has been added to ResearchAndMarkets.com’s
offering.

The GDPR services market is expected to grow from USD 907.4 million in
2018 to USD 2,659.4 million by 2023, at a Compound Annual Growth Rate
(CAGR) of 24.0% during the forecast period.

The report covers the GDPR services market by offering (solutions and
services), organization size, and region. The data management solution
is expected to account for a larger market share during the forecast
period as compared to the API management solution.

Drivers

Opportunities

Challenges

Based on geography, the European region is expected to witness the
fastest growth in the GDPR services market as GDPR has been adopted by
the European Union since May 2018. GDPR represents a business
opportunity for European organizations to gain an advantage over their
competitors. The global nature of GDPR is expected to impact the vast
majority of large businesses in Europe.

Though GDPR originated in Europe, it is expected to affect international
markets as well. International companies across the globe with any EU
citizens as customers need to be aware of and comply with these new
legal obligations to avoid fines. The high level of international
businesses involving the EU is expected to influence robust data
protection procedures around the world.

Companies Mentioned

For more information about this report visit https://www.researchandmarkets.com/research/95rgvs/global_gdpr?w=4

View source version on businesswire.com: https://www.businesswire.com/news/home/20180713005288/en/

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