OneTrust, the market-defining leader for trust intelligence, continues to hold its large market share lead for the fourth consecutive year according to IDC's Worldwide Data Privacy Compliance Software Market Shares Report, released in May 2023.
The report highlights OneTrust's continued category leadership, as OneTrust leads the market with 30% share, more than twice the share of the nearest competitor.
“Privacy is a strategic imperative, and organizations are prioritizing maintaining it even as revenue elsewhere potentially declines. This is coupled with continued expansion of data privacy regulatory regimes worldwide. Demand for these tools will likely be increasing even in a weakened macroeconomic state.” - IDC
Download the report excerpt to learn more.