Cloud-based Deployment to Gain Ground in GDPR Assessment
GDPR Assessment Tools Market
Data security has become of utmost importance for the EU business enterprises after the General Data Protection Regulation (GDPR) has come into effect. Across enterprises, regardless of the approach of data management – cloud or on-premise, GDPR observes data privacy, albeit in different ways. GDPR assessment tools are witnessing increasing adoption as enterprises focus on complying with complex regulatory requirements.
While only a few of the organizations have fully identified the processes involving personal data misuse, rest are yet to fathom the unidentified data pockets hovering in the boundary of GDPR compliance. In the race to maintain the market reputation and avoid heavy penalties, the quest for absolute data control is on the rise. Further, flowing at light speed, unstoppable data sharing has become vital in enhancing the operational efficiency. Efforts to achieve a trade-off between data control and operational efficiency through compliance has been beneficial for the GDPR assessment tools market and is expected to gain a revenue worth US$ 36,772.6 Million by 2028, as per the market valuation by Fact.MR.