The Global Data Exfiltration Protection Market size is expected to reach $99.3 billion by 2024, rising at a market growth of 12.1% CAGR during the forecast period.
Data exfiltration is a term refereeing to the process of security breach occurring while an individual’s or organization’s data is illegally copied. Data exfiltration is a targeted attack from the hacker’s/cracker’s, with an intent to find and copy specific data from a targeted machine. The hackers gain access into a machine by installing a remote application or by directly installing a portable media device. These breaches mainly were found in cases where systems were left with a vendor-set default password or very common/easy passwords. Growing need for security against increasing bot traffic, and rapidly growing smartphone users are the factors leading to the adoption of data exfiltration solutions for the protection of sensitive information. The Small and Medium-size enterprises (SMEs) would grow with significant CAGR owing to rapid technology adoption, as SME’s are majorly a targeted segment by internal and external data breaches.
Based on the component type, the Data Exfiltration Protection market is segmented into Solution and Services. The Solution Type includes Antivirus/Anti-Malware, Encryption & Firewall, Intrusion Detection System/Intrusion Prevention System, User Activity Monitoring & Data Loss Prevention, and Others. The Services market is segmented into Professional and Managed Services. Based on Organization Size, the market is segmented into Small & Medium Enterprises and Large Enterprises. Based on Vertical, the market is segmented into BFSI, Government, Energy & Utilities, Healthcare, Manufacturing, Retail, Telecom & IT, Travel & Hospitality, and Others. Based on Regions, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa.
The market research report covers the analysis of key stake holders of the Global Data Exfiltration Protection Market. Key companies profiled in the report include McAfee LLC, Fortinet Inc., Palo Alto Networks, Inc., Symantec Corporation, Sophos, Plc., Check Point Software Technologies Ltd., Barracuda Networks, Inc., Raytheon (Forcepoint LLC), Cisco Systems, Inc., and Juniper Networks, Inc..