The global secure data destruction market is expected to grow from USD 1.5 billion in 2017 to USD 2.2 billion by 2030, at a CAGR of 5.6% during the forecast period. The growth of this market can be attributed to the increasing need for data security and privacy, which has led organizations to adopt various measures such as encryption and secure deletion of data in order to protect their confidential information from unauthorized access or disclosure.
The hardware segment is expected to lead the global secure data destruction market during the forecast period owing to its high adoption rate among organizations for destroying sensitive information on hard drives, optical media, USB storage flash drives, floppy disks, mobile phones and mass storage devices such as tape storage and cloud storage devices. The software segment is expected to grow at a higher CAGR than other segments due its low cost of implementation and ease of use with minimal training required for installation and operation.
-The Secure Data Destruction market is expected to grow at a CAGR of 6.5% from 2017 to 2022.
-The Secure Data Destruction market is driven by the need for data security and compliance with regulations such as GDPR, PCI DSS, HIPAA, and SOX.
-The Secure Data Destruction market is also driven by the need for data protection in order to avoid cyberattacks and data breaches.
Industry Growth Insights published a new data on “Secure Data Destruction Market”. The research report is titled “Secure Data Destruction Market research by Types (Hardware, Software, Service), By Applications (Optical Media, USB Storage Flash, Hard Drives, Floppy Disks, Mobile Phones, Mass Storage, Tape Storage, Cloud Storage, Remote Email and Services), By Players/Companies Lenovo, HP, TechGenix, Evernex, IBM, Computer Disposals Ltd, Garner Products, Data Security Inc, Blancco, VS Security, ADL Process”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Secure Data Destruction Market Research Report
By Type
Hardware, Software, Service
By Application
Optical Media, USB Storage Flash, Hard Drives, Floppy Disks, Mobile Phones, Mass Storage, Tape Storage, Cloud Storage, Remote Email and Services
By Companies
Lenovo, HP, TechGenix, Evernex, IBM, Computer Disposals Ltd, Garner Products, Data Security Inc, Blancco, VS Security, ADL Process
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
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Secure Data Destruction Market Report Segments:
The global Secure Data Destruction market is segmented on the basis of:
Types
Hardware, Software, Service
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
Optical Media, USB Storage Flash, Hard Drives, Floppy Disks, Mobile Phones, Mass Storage, Tape Storage, Cloud Storage, Remote Email and Services
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:
- Lenovo
- HP
- TechGenix
- Evernex
- IBM
- Computer Disposals Ltd
- Garner Products
- Data Security Inc
- Blancco
- VS Security
- ADL Process
Highlights of The Secure Data Destruction 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:
- Hardware
- Software
- Service
- By Application:
- Optical Media
- USB Storage Flash
- Hard Drives
- Floppy Disks
- Mobile Phones
- Mass Storage
- Tape Storage
- Cloud Storage
- Remote Email and Services
- 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 Secure Data Destruction 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?
Secure data destruction is the process of permanently destroying sensitive data by overwriting it with random bits or deleting it altogether.
Some of the major companies in the secure data destruction market are Lenovo, HP, TechGenix, Evernex, IBM, Computer Disposals Ltd, Garner Products, Data Security Inc, Blancco, VS Security, ADL Process.
The secure data destruction market is expected to grow at a compound annual growth rate of 5.6%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Secure Data Destruction 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. Secure Data Destruction Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Secure Data Destruction Market - Supply Chain
4.5. Global Secure Data Destruction Market Forecast
4.5.1. Secure Data Destruction Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Secure Data Destruction Market Size (000 Units) and Y-o-Y Growth
4.5.3. Secure Data Destruction Market Absolute $ Opportunity
5. Global Secure Data Destruction 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. Secure Data Destruction Market Size and Volume Forecast by Type
5.3.1. Hardware
5.3.2. Software
5.3.3. Service
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Secure Data Destruction 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. Secure Data Destruction Market Size and Volume Forecast by Application
6.3.1. Optical Media
6.3.2. USB Storage Flash
6.3.3. Hard Drives
6.3.4. Floppy Disks
6.3.5. Mobile Phones
6.3.6. Mass Storage
6.3.7. Tape Storage
6.3.8. Cloud Storage
6.3.9. Remote Email and Services
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Secure Data Destruction 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. Secure Data Destruction 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 Secure Data Destruction 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. Secure Data Destruction 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 Secure Data Destruction Demand Share Forecast, 2019-2026
9. North America Secure Data Destruction 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 Secure Data Destruction 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 Secure Data Destruction Market Size and Volume Forecast by Application
9.4.1. Optical Media
9.4.2. USB Storage Flash
9.4.3. Hard Drives
9.4.4. Floppy Disks
9.4.5. Mobile Phones
9.4.6. Mass Storage
9.4.7. Tape Storage
9.4.8. Cloud Storage
9.4.9. Remote Email and Services
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Secure Data Destruction Market Size and Volume Forecast by Type
9.7.1. Hardware
9.7.2. Software
9.7.3. Service
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 Secure Data Destruction Demand Share Forecast, 2019-2026
10. Latin America Secure Data Destruction 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 Secure Data Destruction 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 Secure Data Destruction Market Size and Volume Forecast by Application
10.4.1. Optical Media
10.4.2. USB Storage Flash
10.4.3. Hard Drives
10.4.4. Floppy Disks
10.4.5. Mobile Phones
10.4.6. Mass Storage
10.4.7. Tape Storage
10.4.8. Cloud Storage
10.4.9. Remote Email and Services
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Secure Data Destruction Market Size and Volume Forecast by Type
10.7.1. Hardware
10.7.2. Software
10.7.3. Service
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 Secure Data Destruction Demand Share Forecast, 2019-2026
11. Europe Secure Data Destruction 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 Secure Data Destruction 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 Secure Data Destruction Market Size and Volume Forecast by Application
11.4.1. Optical Media
11.4.2. USB Storage Flash
11.4.3. Hard Drives
11.4.4. Floppy Disks
11.4.5. Mobile Phones
11.4.6. Mass Storage
11.4.7. Tape Storage
11.4.8. Cloud Storage
11.4.9. Remote Email and Services
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Secure Data Destruction Market Size and Volume Forecast by Type
11.7.1. Hardware
11.7.2. Software
11.7.3. Service
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 Secure Data Destruction Demand Share, 2019-2026
12. Asia Pacific Secure Data Destruction 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 Secure Data Destruction 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 Secure Data Destruction Market Size and Volume Forecast by Application
12.4.1. Optical Media
12.4.2. USB Storage Flash
12.4.3. Hard Drives
12.4.4. Floppy Disks
12.4.5. Mobile Phones
12.4.6. Mass Storage
12.4.7. Tape Storage
12.4.8. Cloud Storage
12.4.9. Remote Email and Services
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Secure Data Destruction Market Size and Volume Forecast by Type
12.7.1. Hardware
12.7.2. Software
12.7.3. Service
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 Secure Data Destruction Demand Share, 2019-2026
13. Middle East & Africa Secure Data Destruction 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 Secure Data Destruction 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 Secure Data Destruction Market Size and Volume Forecast by Application
13.4.1. Optical Media
13.4.2. USB Storage Flash
13.4.3. Hard Drives
13.4.4. Floppy Disks
13.4.5. Mobile Phones
13.4.6. Mass Storage
13.4.7. Tape Storage
13.4.8. Cloud Storage
13.4.9. Remote Email and Services
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Secure Data Destruction Market Size and Volume Forecast by Type
13.7.1. Hardware
13.7.2. Software
13.7.3. Service
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 Secure Data Destruction Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Secure Data Destruction Market: Market Share Analysis
14.2. Secure Data Destruction Distributors and Customers
14.3. Secure Data Destruction Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Lenovo
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. HP
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. TechGenix
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Evernex
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. IBM
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Computer Disposals Ltd
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Garner Products
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Data Security Inc
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Blancco
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. VS Security
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. ADL Process
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
