Market Overview:
The global data breach notification software market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The growth of the market can be attributed to the increasing number of data breaches and the need for timely notification of such breaches to stakeholders. In addition, the growing awareness about data privacy and security is also contributing to the growth of this market. The global data breach notification software market can be segmented on the basis of type, application, and region. On the basis of type, it can be divided into cloud-based, web-based, and data breach notification software. Cloud-based notifications are witnessing high demand due to their scalability and flexibility features. They are also easy to deploy and manage which makes them a preferred choice for small as well as large enterprises alike. By application, it can be classified into large enterprise and small & medium enterprise (SME). Large enterprises account for a major share in terms of revenue in this market owing to their high spending on information security solutions including data breach notification software solutions.
Product Definition:
Data Breach Notification Software is a type of software that helps organizations to detect and respond to data breaches. This software can help organizations to manage the response process, including notifying affected individuals and regulatory agencies. The importance of Data Breach Notification Software is that it can help organizations to protect their customers' information and comply with data breach notification laws.
Cloud-based:
Cloud-based data breach notification software is a service that enables organizations to send one single message, containing details of the breach to all subscribers. The service also helps users manage notifications and responses received from customers regarding the security incident. It provides real-time visibility into alerts and events across cloud services such as SaaS, PaaS, IaaS, and others.
Web-based:
A web-based solution is a service that enables organizations to send breach notifications via the internet. It also provides real-time notification of data breaches to subscribers. Web-based solutions are gaining popularity due to their cost effectiveness and ease of use.
The global data breach notification software market size was valued at USD 1,454.1 million in 2018 and is expected to grow at a compound annual growth rate (CAGR) of 15% from 2019 to 2025.
Application Insights:
The large enterprise segment accounted for the largest revenue share of over 60% in 2017. The large enterprises are at higher risk of data breaches as they store a substantial amount of customer data and other important information. These companies have a global presence, which increases the potentiality of their systems getting hacked from outside or within, leading to a data breach.
Small and medium-sized businesses (SMBs) are projected to be the fastest-growing segment over the forecast period owing to their limited resources and hence lack proper cybersecurity measures. SMBs lack dedicated IT staff, experience & knowledge in handling security issues and resources to invest in advanced security solutions that could provide complete protection against cyberattacks with ease while keeping costs low as compared with larger organizations.
Regional Analysis:
North America dominated the global data breach notification software market in 2017. The region is expected to maintain its dominance over the forecast period as well. This can be attributed to various factors such as increasing government regulations, high-speed internet connectivity, and rising awareness among individuals about their personal data protection rights.
Asia Pacific is anticipated to witness a significant growth rate during the forecast period owing to several upcoming events, such as Olympics 2020 held in Japan and increasing cybercrimes & hacking incidents that lead to large-scale theft of consumer information from organizations located in this region. Moreover, growing number of cloud service providers based out of China has led many businesses and governments across Asia Pacific countries including Singapore, Australia & New Zealand adopt these services for notifying affected parties timely so that they can take necessary protective measures against further damage caused by hackers or fraudsters.
Growth Factors:
- Increasing number of data breaches: The increasing number of data breaches is one of the key growth drivers for the global data breach notification software market. According to a study by Gemalto, a digital security company, there were 1,792 reported data breaches in 2017, which was a 45% increase from 2016. This high number of data breaches is fueling the demand for data breach notification software as it helps organizations to quickly identify and mitigate any potential damage caused by these incidents.
- Stringent regulations on data privacy: Stringent regulations ondata privacy are also driving the growth of the globaldata breach notification software market. For instance,the General Data Protection Regulation (GDPR) that came into effect in May 2018 imposes stringent penalties on organizations that violate its provisions related tothe protectionof personal informationof EU citizens. This is prompting organizations to adoptdata breach notificationsoftwarein order to comply with these regulations and protect their customers’ personal information from being compromised in case of a data breach incident.
- Growing awareness about cyber-attacks: The growing awareness about cyber-attacks among businesses and consumers is another key factor driving the growth of the globaldata breach notificationsoftware market . As more people become aware about how cybercriminals can exploit vulnerabilities in computer systems and networks to steal sensitiveinformation, they are increasingly demanding that their service providers and retailers take steps to protect their personal information against such threats .This growing demand for cybersecurity solutions is benefitingthe databreachnotification
Scope Of The Report
Report Attributes
Report Details
Report Title
Data Breach Notification Software Market Research Report
By Type
Cloud-based, Web-based, Data Breach Notification Softwar
By Application
Large Enterprise, Small And Medium Enterprise
By Companies
IBM, OneTrust, Omniprivacy, BigID, Canopy, ComplyCloud, Data Solver, DPOrganizer, Compliance Technology Solutions, AuraPortal, Coginov, Stratrai, Proteus, SECURITI, PrivacyAgent, Mighty Trust, RadarFirst, Data Breach Notification Softwar
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Data Breach Notification Software Market Report Segments:
The global Data Breach Notification Software market is segmented on the basis of:
Types
Cloud-based, Web-based, Data Breach Notification Softwar
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Large Enterprise, Small And Medium Enterprise
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- IBM
- OneTrust
- Omniprivacy
- BigID
- Canopy
- ComplyCloud
- Data Solver
- DPOrganizer
- Compliance Technology Solutions
- AuraPortal
- Coginov
- Stratrai
- Proteus
- SECURITI
- PrivacyAgent
- Mighty Trust
- RadarFirst
- Data Breach Notification Softwar
Highlights of The Data Breach Notification Software Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cloud-based
- Web-based
- Data Breach Notification Softwar
- By Application:
- Large Enterprise
- Small And Medium Enterprise
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Data Breach Notification Software Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Data Breach Notification Software (DBNS) is a software application that helps organizations notify individuals of data breaches. DBNS can help organizations send out timely notifications to affected individuals, as well as track the number of notifications sent and received.
Some of the major companies in the data breach notification software market are IBM, OneTrust, Omniprivacy, BigID, Canopy, ComplyCloud, Data Solver, DPOrganizer, Compliance Technology Solutions, AuraPortal, Coginov, Stratrai, Proteus, SECURITI, PrivacyAgent, Mighty Trust, RadarFirst, Data Breach Notification Softwar.
The data breach notification software market is expected to grow at a compound annual growth rate of 10.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Data Breach Notification Software Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Data Breach Notification Software Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Data Breach Notification Software Market - Supply Chain
4.5. Global Data Breach Notification Software Market Forecast
4.5.1. Data Breach Notification Software Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Data Breach Notification Software Market Size (000 Units) and Y-o-Y Growth
4.5.3. Data Breach Notification Software Market Absolute $ Opportunity
5. Global Data Breach Notification Software Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Data Breach Notification Software Market Size and Volume Forecast by Type
5.3.1. Cloud-based
5.3.2. Web-based
5.3.3. Data Breach Notification Softwar
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Data Breach Notification Software Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Data Breach Notification Software Market Size and Volume Forecast by Application
6.3.1. Large Enterprise
6.3.2. Small And Medium Enterprise
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Data Breach Notification Software Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Data Breach Notification Software Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Data Breach Notification Software Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Data Breach Notification Software Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Data Breach Notification Software Demand Share Forecast, 2019-2026
9. North America Data Breach Notification Software Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Data Breach Notification Software Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Data Breach Notification Software Market Size and Volume Forecast by Application
9.4.1. Large Enterprise
9.4.2. Small And Medium Enterprise
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Data Breach Notification Software Market Size and Volume Forecast by Type
9.7.1. Cloud-based
9.7.2. Web-based
9.7.3. Data Breach Notification Softwar
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Data Breach Notification Software Demand Share Forecast, 2019-2026
10. Latin America Data Breach Notification Software Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Data Breach Notification Software Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Data Breach Notification Software Market Size and Volume Forecast by Application
10.4.1. Large Enterprise
10.4.2. Small And Medium Enterprise
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Data Breach Notification Software Market Size and Volume Forecast by Type
10.7.1. Cloud-based
10.7.2. Web-based
10.7.3. Data Breach Notification Softwar
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Data Breach Notification Software Demand Share Forecast, 2019-2026
11. Europe Data Breach Notification Software Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Data Breach Notification Software Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Data Breach Notification Software Market Size and Volume Forecast by Application
11.4.1. Large Enterprise
11.4.2. Small And Medium Enterprise
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Data Breach Notification Software Market Size and Volume Forecast by Type
11.7.1. Cloud-based
11.7.2. Web-based
11.7.3. Dta Breach Notification Softwar
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Data Breach Notification Software Demand Share, 2019-2026
12. Asia Pacific Data Breach Notification Software Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Data Breach Notification Software Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Data Breach Notification Software Market Size and Volume Forecast by Application
12.4.1. Large Enterprise
12.4.2. Small And Medium Enterprise
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Data Breach Notification Software Market Size and Volume Forecast by Type
12.7.1. Cloud-based
12.7.2. Web-based
12.7.3. Data Breach Notification Softwar
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Data Breach Notification Software Demand Share, 2019-2026
13. Middle East & Africa Data Breach Notification Software Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Data Breach Notification Software Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Data Breach Notification Software Market Size and Volume Forecast by Application
13.4.1. Large Enterprise
13.4.2. Small And Medium Enterprise
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Data Breach Notification Software Market Size and Volume Forecast by Type
13.7.1. Cloud-based
13.7.2. Web-based
13.7.3. Data Breach Notification Softwar
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Data Breach Notification Software Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Data Breach Notification Software Market: Market Share Analysis
14.2. Data Breach Notification Software Distributors and Customers
14.3. Data Breach Notification Software Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. IBM
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. OneTrust
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Omniprivacy
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. BigID
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Canopy
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. ComplyCloud
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Data Solver
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. DPOrganizer
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Compliance Technology Solutions
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. AuraPortal
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Coginov
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Stratrai
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Proteus
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. SECURITI
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. PrivacyAgent
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Mighty Trust
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. RadarFirst
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Data Breach Notification Softwar
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
