Data Exfiltration Market: Drivers, Restraints, Opportunities, and Challenges

The objective of the study is to define, describe, and forecast the data exfiltration market by solutions, services, organization size, verticals, and regions. It also analyzes recent developments, such as partnerships, strategic alliances, mergers and acquisitions, business expansions, new product developments, and research and development (R&D) in the global market.

The growing need for security against increasing bot traffic, along with the rise in the number of smartphone users has led enterprises to adopt data exfiltration solutions for the protection of their sensitive information.

Data exfiltration solutions help organizations optimize employees’ productivity, protect sensitive data, applications, and comply with stringent regulations.

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The increasing online malware, misuse of internet, and sophistication levels of data breaches are driving organizations to deploy data exfiltration solutions.

Data exfiltration solutions provide robust security to organizations’ critical IT assets. Additionally, they help organizations meet the Payment Card Industry Data Security Standard (PCI DSS), Health Insurance Portability and Accountability Act (HIPAA), Sarbanes–Oxley Act (SOX), and other regulatory compliances.

Drivers

 1 Exponential Growth in the Volumes of Enterprise Data and the Need for Data Exfiltration Prevention Solutions

 2 Strict Regulatory Requirements for Data Protection

 3 Increasing Incidents of Data Loss in the On-Premises Environment

Restraints

 1 Compatibility Issues Between On-Premises Applications and the Cloud Environment

 Opportunities

 1 Increasing Demand for Cloud-Based Cybersecurity Solutions

 2 Large-Scale Adoption of Cybersecurity Solutions in Highly Regulated Industry Verticals

 3 Increasing Digitalization in Developing Economies

 Challenges

 1 Low Awareness of Advanced Cyber Threats