GDPR Assessment Tools Market is Anticipated to Increase at a Stable CAGR over the Forecast Period (2023 to 2029)
The global GDPR assessment tools market is anticipated to grow at a CAGR of 21.5% during the forecast period (2023-2029). GDPR stands for general data protection regulation. It is a regulation on data protection and privacy in the European Union and European economic area, providing citizens more control over their data. Various EU companies that are situated outside Europe and are dealing with EU customers are also following this compliance to increase their customer base. GDPR assessment tools help organizations secure their data and reduce various cyber-attacks, which creates a lucrative opportunity for the market. The growth of the market is driven by demand from various end-use industries and growing launches of new and innovative solutions for GDPR assessments by market players and competent authorities.
for instance, in September 2022, the
Spanish data protection authority ('AEPD') launched, a tool for analyzing
risk factors of personal data processing under the requirement mandated by the
General Data Protection Regulation (Regulation (EU) 2016/679) ('GDPR'), titled
'Evalúa_Riesgo RGPD'. In particular, the tool enables organizations to rapidly
carry out a first, non-exhaustive assessment of the intrinsic risks stemming
from data processing activities, indicating the necessity of performing a data
protection impact assessment ('DPIA') and facilitating residual risk management
by suggesting measures and safeguards mitigate said risks. Also, in May 2021,
Sypher launched a free and completely anonymous tool that allows companies to
quickly assess their ability to demonstrate GDPR compliance. The tool is
intended for the DPO (Data Protection Officer) and was designed and developed
based on the Sypher Virtual Assistant. The evaluation lasts about 10 minutes and
reviews how the principles related to the processing of personal data and the
rights of data subjects are respected. After completing the questionnaire, the
respondent can immediately download a report that includes the overall score,
an assessment of the progress made in documenting compliance, as well as
recommendations for further detailed evaluation. The tool also offers access to
a free GDPR registry verification package, which allows the identification and
completion of possible omissions from the registry, the determination of
high-risk activities (requiring DPIA) as well as the creation of a visual map
of the company's processing activities.
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Market Coverage
• The
market number available for – 2023-2029
• Base
year- 2022
• Forecast
period- 2023-2029
Segment Covered-
•
By Service
•
By Deployment
•
By End-use Industry
Regions Covered-
•
North America
•
Europe
•
Asia-Pacific
•
Rest of the World
Competitive Landscape- including Microsoft Corp., IBM
Corp., OneTrust LLC, TrustArc Inc., Capgemini Services SAS.
GDPR Assessment Tools Market Report Segment
By Service
•
Consulting
•
Training
•
Implementation and Integration
•
Support and Maintenance
By Deployment
•
On-premise
•
Cloud-based
By End-use Industry
•
BFSI
•
Healthcare
•
Consumer and Retail
•
Discrete and Process Manufacturing
•
IT and BPO
A full Report of GDPR Assessment Tools Market is Available
@ https://www.omrglobal.com/industry-reports/gdpr-assessment-tools-market
GDPR Assessment Tools Market by
Region
North America
· United
States
· Canada
Europe
· UK
· Germany
· Spain
· France
· Italy
· Rest
of Europe
Asia-Pacific
· India
· China
· Japan
· South
Korea
· Rest
of APAC
Rest of the World
•
Latin America
•
Middle East and Africa
Company Profiles
·
AlienVault, Inc.
·
Capgemini Services SAS
·
Cisco Systems, Inc.
·
Commvault Systems, Inc.
·
Deloitte Touche Tohmatsu LTD.
·
Forcepoint™ LLC
·
IBM Corp.
·
Micro Focus International plc
·
Microsoft Corp.
·
Mimecast Services Limited
·
OneTrust LLC
·
SAS Institute
·
Softcat PLC
·
TrustArc Inc.
·
Veritas
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