Zion Market Research Data Loss Prevention Market, 2016–2024 | Page 2

Data Loss Prevention Market
Global Data Loss Prevention Market: Overview
Data loss prevention( DLP) is a technique and system designed to detect and prevent data breaches by blocking and monitoring critical data in motion, at rest or in use. Data loss prevention avoids an accidental and unintended transfer or loss of sensitive data. It also saves data from cyber attacks and decisive data theft and ensures total data safety.
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Global Data Loss Prevention Market: Growth Factors
The global data loss prevention market has been witnessing tremendous growth owing to the increasing number of security breaches, rising adoption of cloud computing, high demand for protection of intellectual property against theft and shift in the storage of data from on-premises to public and private cloud platform. Emerging commercialization is another factor boosting the global data loss prevention market. An increasing number of breaches is the main factor which is towering the growth of global data loss prevention market. For instance, in February 2015, Primera Blue Cross, a global health insurance company in Washington, suffered a data breach. In March 2015, it started using data loss prevention technique boosting the global data loss prevention market.