Download the Report: IDC Worldwide Data Privacy Management Software Market Shares
Post Date: May 27, 2020
Leading IT market research and advisory firm IDC just released its first Market Share report for Worldwide Data Privacy Management Software. OneTrust “dominates the competition” with 35.5% share of the data privacy management software market and a 141.6% year-over-year growth according to IDC.
“The worldwide data privacy market grew 60.29% in 2019. OneTrust is leading the market outright and showing no signs of slowing down or stopping. This market is still in early days, with many promising solutions from others in the market,” says Ryan O’Leary, senior research analyst, Legal, Risk, and Compliance at IDC.
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.
To learn more about why OneTrust leads the Worldwide Data Privacy Management Software market, read the report.