The global GDPR assessment tools market is anticipated to grow at a CAGR of 21.5% during the forecast period (2023-2029). GDPR stands for general data protection regulation. It is a regulation on data protection and privacy in the European Union and European economic area, providing citizens more control over their data. Various EU companies that are situated outside Europe and are dealing with EU customers are also following this compliance to increase their customer base. GDPR assessment tools help organizations secure their data and reduce various cyber-attacks, which creates a lucrative opportunity for the market. The growth of the market is driven by demand from various end-use industries and growing launches of new and innovative solutions for GDPR assessments by market players and competent authorities.
Browse the full report description of “GDPR Assessment Tools Market Size, Share & Trends Analysis Report by Service (Consulting, Training, Implementation and Integration, and Support and Maintenance), by Deployment (On-premise, and Cloud-based), and by End-use Industry (BFSI, Healthcare, Consumer and Retail, Discrete and Process Manufacturing, and IT and BPO) Forecast Period (2023-2029)” at https://www.omrglobal.com/industry-reports/gdpr-assessment-tools-market
for instance, in September 2022, the Spanish data protection authority ('AEPD') launched, a tool for analyzing risk factors of personal data processing under the requirement mandated by the General Data Protection Regulation (Regulation (EU) 2016/679) ('GDPR'), titled 'Evalúa_Riesgo RGPD'. In particular, the tool enables organizations to rapidly carry out a first, non-exhaustive assessment of the intrinsic risks stemming from data processing activities, indicating the necessity of performing a data protection impact assessment ('DPIA') and facilitating residual risk management by suggesting measures and safeguards mitigate said risks. Also, in May 2021, Sypher launched a free and completely anonymous tool that allows companies to quickly assess their ability to demonstrate GDPR compliance. The tool is intended for the DPO (Data Protection Officer) and was designed and developed based on the Sypher Virtual Assistant. The evaluation lasts about 10 minutes and reviews how the principles related to the processing of personal data and the rights of data subjects are respected. After completing the questionnaire, the respondent can immediately download a report that includes the overall score, an assessment of the progress made in documenting compliance, as well as recommendations for further detailed evaluation. The tool also offers access to a free GDPR registry verification package, which allows the identification and completion of possible omissions from the registry, the determination of high-risk activities (requiring DPIA) as well as the creation of a visual map of the company's processing activities.
Market Coverage
• The market number available for – 2023-2029
• Base year- 2022
• Forecast period- 2023-2029
• Segment Covered-
o By Service
o By Deployment
o By End-use Industry
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- including Microsoft Corp., IBM Corp., OneTrust LLC, TrustArc Inc., Capgemini Services SAS.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
Global GDPR Assessment Tools Market Report Segment
By Service
By Deployment
By End-use Industry
Assessment Tools Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
To learn more about this report request a free sample copy @ https://www.omrglobal.com/request-sample/gdpr-assessment-tools-market