Data Exfiltration Market Market Will Hit Big Revenues in Future : Palo Alto Networks, Fortinet, Symantec

According to HTF Market Intelligence, the Global Data Exfiltration Market market to witness a CAGR of 10.5% during forecast period of 2023-2028. Global Data Exfiltration Market Breakdown by Application (BFSI, Government and Defense, Retail and eCommerce, IT and Telecom, Healthcare and Life Sciences, Manufacturing, Energy and Utilities, Others) by Type (User Activity Monitoring, Antivirus/Anti-malware, Firewall, Intrusion Detection System/Intrusion Prevention System (IDS/IPS), Encryption, Data Loss Prevention (DLP), Others) and by Geography (North America, South America, Europe, Asia Pacific, MEA). The Data Exfiltration Market market size is estimated to increase by USD 0.5 Billion at a CAGR of 10.5% from 2023 to 2028. The report includes historic market data from 2017 to 2022E. Currently, market value is pegged at USD 0.80 Billion.
 

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Data exfiltration is the unauthorized transfer of data from a computer or network to an external location or recipient. The data may be stolen through various means, such as hacking, phishing, malware, or physical theft. The data exfiltration market refers to the market for products and services designed to prevent, detect, and respond to data exfiltration incidents.

Data Exfiltration Market market – Key Segment Analysis

The market share growth by the User Activity Monitoring segment will be significant during the forecast period. The segment is driven by the Growing awareness of the financial and reputational costs of data breaches and cyber attacks, motivating organizations to invest in data exfiltration prevention solutions..

Data Exfiltration Market market – Competition Analysis

The global Data Exfiltration Market market is seeing several joint ventures to intensify the capability of manufacturers and/or companies to establish geographic footprints to new territory. The vendors are accelerating M&A strategies to expand their geographical reach, which is shaping the market toward new growth cycle. The list of players that are profiled in the study are Palo Alto Networks (United States), Fortinet (United States), Symantec (United States), McAfee (United States), Cisco (United States), GTB Technologies (United States), Trend Micro (United States), Check Point Software Technologies (United States), Zscaler (United States), Sophos (United States).

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Data Exfiltration Market

Market Drivers

  • Growing awareness of the financial and reputational costs of data breaches and cyber attacks, motivating organizations to invest in data exfiltration prevention solutions.

Market Trend

  • Increasing frequency and sophistication of cyber attacks leading to data exfiltration incidents.

Market Opportunities

  • Increasing demand for cloud-based data exfiltration prevention solutions as more organizations move their data and applications to the cloud.

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What key data is demonstrated in this Data Exfiltration Market market report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the Data Exfiltration Market market between 2023 and 2028
  • Precise estimation of the size of the Data Exfiltration Market market and its contribution to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behaviour
  • Value in dollar term and growth of the market industry across APAC, Europe, North America, South America, and Middle East and Africa; further broken down by major country within region.
  • Thorough analysis of the market’s competitive landscape and detailed information about vendors
  • Comprehensive analysis of factors that will challenge the growth of Data Exfiltration Market market players

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FIVE FORCES & PESTLE ANALYSIS:

In order to better understand market conditions five forces analysis is conducted that includes the Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, and Threat of rivalry.

• Political (Political policy and stability as well as trade, fiscal, and taxation policies)

• Economical (Interest rates, employment or unemployment rates, raw material costs, and foreign exchange rates)

• Social (Changing family demographics, education levels, cultural trends, attitude changes, and changes in lifestyles)

• Technological (Changes in digital or mobile technology, automation, research, and development)

• Legal (Employment legislation, consumer law, health, and safety, international as well as trade regulation and restrictions)

• Environmental (Climate, recycling procedures, carbon footprint, waste disposal, and sustainability)

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