This industry research report outlines the market forecast and size of the data loss prevention application in APAC until 2020. The research report details the segmentation by network security and endpoint security through 2020. The report includes an in-depth analysis of the key trends and drivers impact the market shares of the leading market vendors. Key vendor analysis included in this report includes players such as EMC, McAfee, Symantec, Trend Micro, and Websense.
Technavio’s market research analysts estimate the DLP application market in APAC to generate revenues worth $527 million between 2016 and 2020. The convergence of multiple solutions that cover data encryption, data monitoring, and policy management is predicted to drive the DLP applications market in APAC.
The new market research report from Technavio provides a breakdown and analysis of the data loss preventions segments by technology.
“To overcome the disadvantages of previous deployment models, hybrid cloud-based DLP solutions is finding growing adoption in the APAC region in the recent years. This trend eliminates organizational dependence on skilled workers, and it is expected to lower costs. Hybrid cloud-based DLP solutions follow the pay-per-use model, making it less expensive as compared to traditional full license security solutions,” says Navin Rajendra, Lead Analyst, ICT, Technavio Research
The network security segment dominates the DLP application market in APAC, accounting for around 56% of the overall market share. Network-based DLP applications help in monitoring outbound traffic at various ports for secure transmission of emails and file transfers. Organizations are increasingly adopting DLP applications for network security because of increased cases of inbound and outbound email attacks.
The key players in the DLP application market in APAC include McAfee, Symantec, Trend Micro, and Websense. The market is highly fragmented, and it encourages small vendors to enter this market through M&A. The superior technology these small players possess makes them appealing to large vendors. McAfee, Websense, EMC, and Symantec have used this business strategy, and other large vendors are expected to follow.
A more detailed analysis is available in the Technavio report, DLP Application Market in APAC 2016-2020.
We can customize reports by other regions and specific segments upon request.
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