Blog

IDC releases first worldwide data privacy management software market shares report

May 27, 2020

N/A

Leading IT market research and advisory firm IDC just released its first Market Share report for the Worldwide Data Privacy Management Software.  

The results from its research?  OneTrust “dominates the competition” with a 35.5% share of the data privacy management software market and a 141.6% year-over-year growth according to IDC. 

Read the full report: Market Share Worldwide Data Privacy Management Software Market Shares, 2019: OneTrust Dominates the Competition

Privacy regulations like the GDPR, CCPA and Brazil’s LGPD have created new challenges for companies managing and processing people’s data. Technology like OneTrust is purpose-built to help companies solve these challenges, demonstrate compliance and build trust as a competitive differentiator and market advantage. 

“The worldwide data privacy market grew 60.29% in 2019,” said Ryan O’Leary, senior research analyst, Legal, Risk, and Compliance at IDC. “OneTrust is leading the market outright and showing no signs of slowing down or stopping.”

The report highlights several key contributing factors to OneTrust’s success, included subsequent rounds of funding in 2019 and 2020 and expanded breadth of product. 

Today, OneTrust is the #1 most widely used privacy, security, and trust platform used by more than 5,000 companies. In addition to our leading privacy products, our customers use OneTrust for third party risk management, consent and preferences, GRC, regulatory research, ethics, and data discovery. 

To learn more about why OneTrust leads the Worldwide Data Privacy Management Software market, read the report

To see how OneTrust can help you solve your privacy, security, and trust challenges, request a demo

IDC, Market Share Worldwide Data Privacy Management Software Market Shares, 2019: OneTrust Dominates the Competition, Doc #46214219, April 2020.


You may also like

Webinar

Responsible AI

Unpacking the EU AI Act

Prepare your business for EU AI Act and other AI regulations with this expert webinar. We explore the Act's key points and requirements, building an AI compliance program, and staying ahead of the rapidly changing AI regulatory landscape.

July 12, 2023

Learn more

Webinar

Consent & Preferences

Live demo: How to automate consent and preference management with OneTrust

In this webinar, we demonstrate how OneTrust Consent and Preferences helps build stronger customer relationships by providing transparency, giving users control over their data use, and delivering personalized experiences.

June 29, 2023

Learn more

Webinar

Privacy Management

Unpacking the EU-US DPF

In this webinar, we cover the new EU-US Data Privacy Framework (EU-US DPF) and what privacy program managers need to know for post-Schrems II data transfers.

June 28, 2023

Learn more