The global cloud DLP market size was US$ 2.4 billion in 2021. The global cloud DLP market size is estimated to reach US$ 22.1 billion by 2030, growing at a compound annual growth rate (CAGR) of 28% during the forecast period from 2022 to 2030.
Data loss prevention solutions shield sensitive data from being stored, used, or transmitted inappropriately. By safeguarding the data, it decreases the chance of unauthorized exposure and data theft. Cloud DLP solutions safeguard businesses that have used cloud storage by securing sensitive data from joining the cloud before being encrypted. After encryption, it permits the data to be transferred with official cloud applications. Most of these solutions change or terminate sensitive data before being transmitted to the cloud for confirming data security while in transit and cloud storage.

Factors Influencing Market Growth

• Compliance, Regulatory, enforcement, and fast-growing cloud adoption are driving the overall market expansion.
• The rising employee mobility and BYPD bring your device culture are driving the overall market expansion.
• The lack of awareness and education and business budgetary hinder the overall market expansion.

Effect of the COVID-19 Pandemic

COVID-19 had a severe impact on the overall market expansion that witnessed a rise in new acquisitions, due to the immediate use of the cloud due to its strong optimization abilities to help the organization provide efficient and effective performance. Moreover, growing employee mobility and carrying devices during the pandemic is a primary issue for the use of cloud DLP solutions.

Regional Analysis

North America is anticipated to maintain its position during the analysis period, due to the rising activities of data breaches in different industries.

Asia Pacific is anticipated to notice substantial growth during the analysis period, due to the rising digital transformation and the use of the latest technologies owing to the rising contest among key players in the region.

Leading Competitors
The prominent players in the global cloud DLP market are:
• Zscaler
• Netskope
• Zecurio
• Forcepoint
• CISCO SYSTEMS
• Lookout
• Broadcom
• CHECK POINT SOFTWARE TECHNOLOGIES
• Help/Systems
• McAfee
• Others
Segmentation Analysis
The global cloud DLP market segmentation focuses on Components, Enterprise Size, Industry Vertical, and Region.
Segmentation on the basis of Components
• Solution
• Service

Segmentation on the basis of Enterprise Size
• Large Enterprises
• SMEs

Segmentation on the basis of Industry Vertical
• BFSI
• IT and Telecommunication
• Energy and Utilities
• Government and Public Sector
• Healthcare and Life Sciences
• Retail and Consumer Goods
• Manufacturing
• Others
Segmentation on the basis of Region
• North America
• The U.S.
• Canada
• Mexico
• Europe
• Western Europe
• The UK
• Germany
• France
• Italy
• Spain
• Rest of Western Europe
• Eastern Europe
• Poland
• Russia
• Rest of Eastern Europe
• Asia Pacific
• China
• India
• Japan
• Australia & New Zealand
• ASEAN
• Rest of Asia Pacific
• Middle East & Africa (MEA)
• UAE
• Saudi Arabia
• South Africa
• Rest of MEA
• South America
• Brazil
• Argentina
• Rest of South America