DUBLIN--(BUSINESS WIRE)--Jun 6, 2018--The "Data Exfiltration Market by Solution (UAM, Antivirus/Anti-malware, Firewall, IDS/IPS, Encryption, DLP, and Others (IRM, DNS Security, and Data Classification)), Service, Organization Size, Industry Vertical, and Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.

The data exfiltration market size is expected to grow from USD 51.47 billion in 2018 to USD 89.57 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 11.7% during the forecast period.

The market is driven by exponential growth in the volumes of enterprise data and the need for data protection solutions, strict regulatory requirements for data protection, and increasing incidents of data loss in the on-premises environment. However, compatibility issues between on-premises applications and the cloud environment are restraining the growth of the data exfiltration market. The Antivirus/Anti-malware solution is estimated to hold the largest market share in 2018. The antivirus and anti-malware segment has witnessed a tremendous growth in the recent years, due to the simplicity of operations in both enterprise and consumer domains. The large enterprises segment is expected to hold a larger market size in the market during 2018-2023. These enterprises are the early adopters of data exfiltration software and associated services. Though large enterprises have the necessary budgets to use on-premises data exfiltration software, they are moving toward the cloud deployment mode to avail benefits, such as increased availability, high scalability, and the low cost of deployment.

However, many IT environments and the inability of IT systems to communicate with each other are expected to be the chief reasons for the increased deployment of data exfiltration software and services among large enterprises.

Companies Profiled

A1logic Alert Logic Barracuda Networks Check Point Software Technologies Cisco Clearswift (Ruag) Cososys Digital Guardian Dtex Systems Fireeye Forcepoint Fortinet Gtb Technologies Hackerone Hillstone Networks Iboss Juniper Networks Mcafee Netwrix Palo Alto Networks Securonix Sophos Symantec Trend Micro Zscaler

Key Topics Covered 1 Introduction 2 Research Methodology 3 Executive Summary 4 Premium Insights 5 Market Overview 6 Data Exfiltration Market, By Component 7 Data Exfiltration Market, By Organization Size 8 Data Exfiltration Market, By Industry Vertical 9 Data Exfiltration Market, By Region 10 Competitive Landscape 11 Company Profiles For more information about this report visit https://www.researchandmarkets.com/research/g7vr5m/data_exfiltration?w=4

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SOURCE: Research and Markets

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PUB: 06/06/2018 08:44 AM/DISC: 06/06/2018 08:44 AM

http://www.businesswire.com/news/home/20180606005705/en