Market Overview:
The global privacy management tools 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 awareness about data privacy and compliance requirements, and the need for risk management and reporting and analytics. The software platforms segment is expected to dominate the market during the forecast period, owing to its ability to manage large volumes of data efficiently. Compliance management is expected to be one of the fastest-growing applications in this market during the forecast period. North America is expected to lead in terms of adoption of privacy management tools, followed by Europe and Asia Pacific.
Product Definition:
Privacy management tools are used to help protect the privacy of online users. They can help to keep track of which websites a person has visited and what they have searched for, as well as preventing others from tracking a person's movements online. Privacy management tools can also be used to delete cookies and browsing history.
Software Platforms:
Software platforms are the core technology used in software-based solutions. They provide a means for integrating and deploying applications across several systems or devices. Software platforms can be easily integrated with other technologies to enhance its functionalities further such as cloud computing, big data analytics, enterprise resource planning (ERP), and customer relationship management (CRM).
Software platform is an umbrella term that refers to a collection of technologies that are used to design, develop, test & deploy computer software products.
Service:
Service is a set of processes and practices for delivering value-added benefits to customers. It includes the delivery of products and services that meet their requirements, enhance their productivity, reduce costs or increase revenues. Service can be distinguished from product in that it is a intangible benefit provided to customers in exchange for payment whereas product primarily refers to tangible goods or items offered for sale.
Application Insights:
The compliance management segment dominated the global privacy management tools market in 2017. The growth can be attributed to a rise in demand for robust solutions that help organizations manage and control various aspects of data privacy across different channels, devices, and applications. For instance, many companies are moving away from paper-based policies to digital platforms as it helps them manage their entire data privacy program in a single place with ease. Furthermore, these solutions also help organizations comply with General Data Protection Regulation (GDPR) by offering an organized structure for handling complex data processing requirements such as the transfer of personal information outside the European Economic Area (EEA).
The risk management segment is expected to grow at a significant rate over the forecast period owing to increasing awareness about risks associated with cyberattacks and other security breaches among businesses globally.
Regional Analysis:
The market in North America is expected to grow at a significant rate over the forecast period. The growth can be attributed to increasing government regulations and mandates, such as the General Data Protection Regulation (GDPR), California Consumer Privacy Act, and Fair Information Practices. These privacy management tools help organizations comply with these regulatory requirements by providing comprehensive solutions for data protection, security risks, user authorization & consent management among others.
The Asia Pacific region is anticipated to witness substantial growth over the next eight years owing to rapid technological advancements coupled with increased adoption of cloud computing technologies in emerging economies such as India and China. Furthermore, growing concerns regarding personal information security are also driving regional demand for privacy management tools in this region. Rapidly developing e-commerce sector has led retailers including Flipkart Ltd., Amazon India Pvt Ltd., Grofers Inc.
Growth Factors:
- Increasing awareness about the importance of privacy and data security among individuals and businesses
- Rapid growth of big data and IoT, which is resulting in an increase in the number of data breaches
- Stringent regulations and compliance requirements related to privacy and data security
- The increasing use of cloud-based services, which raises concerns about the vulnerability of personal information to theft or unauthorized access
- The growing demand for solutions that can help organizations manage their big data more effectively and securely
Scope Of The Report
Report Attributes
Report Details
Report Title
Privacy Management Tools Market Research Report
By Type
Software Platforms, Service, Privacy Management Tool
By Application
Compliance Management, Risk Management, Reporting and Analytics, Others
By Companies
Nymity, OneTrust, TrustArc, SIMBUS360, BigID, IBM, Protiviti, Proteus-Cyber, 2B Advice, Privacy Management Tool
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
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Privacy Management Tools Market Report Segments:
The global Privacy Management Tools market is segmented on the basis of:
Types
Software Platforms, Service, Privacy Management Tool
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
Compliance Management, Risk Management, Reporting and Analytics, Others
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:
- Nymity
- OneTrust
- TrustArc
- SIMBUS360
- BigID
- IBM
- Protiviti
- Proteus-Cyber
- 2B Advice
- Privacy Management Tool
Highlights of The Privacy Management Tools 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:
- Software Platforms
- Service
- Privacy Management Tool
- By Application:
- Compliance Management
- Risk Management
- Reporting and Analytics
- Others
- 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 Privacy Management Tools 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Privacy management tools are software programs that help organizations manage their data privacy and security. They can help organizations set up policies and procedures for collecting, using, storing, and disclosing personal information.
Some of the major players in the privacy management tools market are Nymity, OneTrust, TrustArc, SIMBUS360, BigID, IBM, Protiviti, Proteus-Cyber, 2B Advice, Privacy Management Tool.
The privacy management tools 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. Privacy Management Tools 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. Privacy Management Tools Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Privacy Management Tools Market - Supply Chain
4.5. Global Privacy Management Tools Market Forecast
4.5.1. Privacy Management Tools Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Privacy Management Tools Market Size (000 Units) and Y-o-Y Growth
4.5.3. Privacy Management Tools Market Absolute $ Opportunity
5. Global Privacy Management Tools 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. Privacy Management Tools Market Size and Volume Forecast by Type
5.3.1. Software Platforms
5.3.2. Service
5.3.3. Privacy Management Tool
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Privacy Management Tools 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. Privacy Management Tools Market Size and Volume Forecast by Application
6.3.1. Compliance Management
6.3.2. Risk Management
6.3.3. Reporting and Analytics
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Privacy Management Tools 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. Privacy Management Tools 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 Privacy Management Tools 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. Privacy Management Tools 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 Privacy Management Tools Demand Share Forecast, 2019-2026
9. North America Privacy Management Tools 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 Privacy Management Tools 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 Privacy Management Tools Market Size and Volume Forecast by Application
9.4.1. Compliance Management
9.4.2. Risk Management
9.4.3. Reporting and Analytics
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Privacy Management Tools Market Size and Volume Forecast by Type
9.7.1. Software Platforms
9.7.2. Service
9.7.3. Privacy Management Tool
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 Privacy Management Tools Demand Share Forecast, 2019-2026
10. Latin America Privacy Management Tools 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 Privacy Management Tools 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 Privacy Management Tools Market Size and Volume Forecast by Application
10.4.1. Compliance Management
10.4.2. Risk Management
10.4.3. Reporting and Analytics
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Privacy Management Tools Market Size and Volume Forecast by Type
10.7.1. Software Platforms
10.7.2. Service
10.7.3. Privacy Management Tool
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 Privacy Management Tools Demand Share Forecast, 2019-2026
11. Europe Privacy Management Tools 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 Privacy Management Tools 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 Privacy Management Tools Market Size and Volume Forecast by Application
11.4.1. Compliance Management
11.4.2. Risk Management
11.4.3. Reporting and Analytics
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Privacy Management Tools Market Size and Volume Forecast by Type
11.7.1. Software Platforms
11.7.2. Service
11.7.3. Priacy Management Tool
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 Privacy Management Tools Demand Share, 2019-2026
12. Asia Pacific Privacy Management Tools 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 Privacy Management Tools 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 Privacy Management Tools Market Size and Volume Forecast by Application
12.4.1. Compliance Management
12.4.2. Risk Management
12.4.3. Reporting and Analytics
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Privacy Management Tools Market Size and Volume Forecast by Type
12.7.1. Software Platforms
12.7.2. Service
12.7.3. Privacy Management Tool
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 Privacy Management Tools Demand Share, 2019-2026
13. Middle East & Africa Privacy Management Tools 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 Privacy Management Tools 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 Privacy Management Tools Market Size and Volume Forecast by Application
13.4.1. Compliance Management
13.4.2. Risk Management
13.4.3. Reporting and Analytics
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Privacy Management Tools Market Size and Volume Forecast by Type
13.7.1. Software Platforms
13.7.2. Service
13.7.3. Privacy Management Tool
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 Privacy Management Tools Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Privacy Management Tools Market: Market Share Analysis
14.2. Privacy Management Tools Distributors and Customers
14.3. Privacy Management Tools Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Nymity
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. TrustArc
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. SIMBUS360
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. BigID
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. IBM
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Protiviti
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Proteus-Cyber
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. 2B Advice
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Privacy Management Tool
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
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
