Data Security Posture Management (DSPM) Tool Market was valued at USD 1.5 Billion in 2022 and is projected to reach USD 7.2 Billion by 2030, growing at a CAGR of 21.5% from 2024 to 2030.
In contrast, the demand for DSPM tools from 2023 to 2033 is forecasted to rise exponentially as organizations face increasingly sophisticated cyber threats and stricter regulations around data management and protection. Businesses are now embracing a more holistic approach to data security, integrating DSPM solutions into their overall security posture. As hybrid and remote work models continue to be a norm, companies are more focused than ever on securing sensitive data across diverse environments, including cloud and on-premise infrastructures. The rise of AI and machine learning in data security is expected to further fuel DSPM tool development, allowing for smarter and more adaptive security measures. Additionally, as the volume of data grows with the increasing use of IoT devices and digital transformation initiatives, DSPM tools are anticipated to play a critical role in helping businesses manage the complex landscape of data security risks. According to market projections, by 2033, the DSPM tool market is expected to experience a compound annual growth rate (CAGR) of over 20%, driven by greater demand for end-to-end data security solutions that go beyond compliance and actively identify potential data breaches before they occur.
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The Data Security Posture Management (DSPM) Tool Market has undergone significant shifts between 2018 and 2022. From its early stages of adoption, DSPM tools were predominantly used by large enterprises to secure sensitive data, mitigate risks, and ensure compliance with ever-changing regulatory requirements. Over these years, as the frequency of cyberattacks increased and data privacy concerns grew, the demand for advanced data security tools surged. Companies, especially in industries like healthcare, finance, and e-commerce, saw the value in DSPM tools to monitor, identify, and protect their data assets. The market witnessed a steady growth trajectory from 2018 to 2022, driven by the need for real-time visibility into data security vulnerabilities and the ability to automate threat response measures. DSPM tools also became essential for organizations trying to stay ahead of regulatory requirements such as GDPR and CCPA. The years 2021 and 2022 marked a peak in the market growth as businesses began adopting DSPM solutions more broadly, extending beyond just large corporations to mid-sized companies that were also becoming targets of cybercriminals.
Sentra
Flow Security
Polar
Saasment
Cyera
Securiti
Dig
Laminar
Concentric
Normalyze
Wiz
Varonis
Symmetry Systems
Protecto
Qualys
Tenable
Rapid7
McAfee
Cisco
IBM
Microsoft
FireEye
Alert Logic
Trustwave
Digital Guardian
Armor
Forescout
Tripwire
CyberArk
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Data Security Posture Management (DSPM) Tool Market
SMEs
Large Enterprises
Based on Types the Market is categorized into Below types that held the largest Data Security Posture Management (DSPM) Tool market share In 2023.
Cloud-based
On-premises
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Data Security Posture Management (DSPM) Tool Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Data Security Posture Management (DSPM) Tool Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Data Security Posture Management (DSPM) Tool Market, By Type
6. Global Data Security Posture Management (DSPM) Tool Market, By Application
7. Global Data Security Posture Management (DSPM) Tool Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Data Security Posture Management (DSPM) Tool Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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