The North America Privacy Management Software Market would witness market growth of 36.9% CAGR during the forecast period (2023-2030).
Privacy impact assessments (PIAs) grew more popular as regulations on privacy strengthened. To assess the possible risks and effects on people's privacy related to data processing operations, privacy management software integrated PIA frameworks. These technologies made identifying risks easier, evaluating data flows systematically, and setting effective mitigations in action. Businesses now have the tools for entirely privacy control due to the development of modern privacy management software.
These platforms combine many modules, such as data inventory, risk evaluations, vendor management, policy management, privacy by design, and ongoing compliance monitoring. They provide centralized visibility, automation, and analytics to provide proactive privacy management, risk reduction, and continuing compliance with changing rules.
This software greatly enhances the healthcare sector by ensuring regulatory compliance, safeguarding patient data, allowing consent management, enabling secure data sharing, supporting privacy incident management, improving accountability, and supporting data subject rights management. Healthcare organizations can improve patient privacy, ensure compliance with privacy laws, and foster confidence in handling sensitive patient information by utilizing privacy management software.
Market development is facilitated by factors like the growing number of smart devices, the demand for faster processing, the dependency on IoT devices, BYOD, network pressures, cloud usage, as well as the rise of cyber threats. It is anticipated that BYOD utilization will increase in the US IT industry, emphasizing the need to implement this software.
The Canadian government has adopted the National Cyber Security Plan. The 2018 National Cyber Security Action Plan (2019-2024) (NCSAP) offers financing and implementation details for cyber security. In 2018, funding began with $382,6 million over five years and $82 million continuing. This plan responds to the rise in cyberattacks against Canadian government organizations and commercial companies. These investments will enable Canadians to utilize digital connections in a manner that safeguards people and the country’s digital infrastructure against cybercrime. This would encourage the adoption of privacy management software, thereby leading to the regional market’s expansion.
The US market dominated the North America Privacy Management Software Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $7 billion by 2030. The Canada market is poised to grow at a CAGR of 40% during (2023 - 2030). Additionally, The Mexico market would showcase a CAGR of 38.8% during (2023 - 2030).
Based on Application, the market is segmented into Data Discovery & Mapping, Data Subject Access Request (DSAR), Consent & Preference Management (CPM), Privacy Impact Assessment (PIA), Incident & Breach Management, Vendor & Third-Party Risk Management and Others. Based on Enterprise Size, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on Deployment Type, the market is segmented into on premise and Cloud. Based on Vertical, the market is segmented into BFSI, IT & Telecom, Government & Defense, Healthcare & Lifesciences, Retail & Ecommerce, Manufacturing and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Worldwide Privacy Management Software Market is Projected to reach USD 26.1 Billion by 2030, at a CAGR of 37.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include IBM Corporation, SAP SE, OneTrust, LLC, Securiti, Inc., BigID, Inc., Egnyte, Inc., WireWheel, Inc., Truyo (IntraEdge, Inc.), DataCo GmbH, Exterro, Inc. (Leeds Equity Partners, LLC).
Scope of the Study
Market Segments Covered in the Report:
By Application
- Data Discovery & Mapping
- Data Subject Access Request (DSAR)
- Consent & Preference Management (CPM)
- Privacy Impact Assessment (PIA), Incident & Breach Management
- Vendor & Third-Party Risk Management
- Others
By Enterprise Size
- Large Enterprises
- Small & Medium Enterprises
By Deployment Type
By Vertical
- BFSI
- IT & Telecom
- Government & Defense
- Healthcare & Lifesciences
- Retail & eCommerce
- Manufacturing
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- IBM Corporation
- SAP SE
- OneTrust, LLC
- Securiti, Inc.
- BigID, Inc.
- Egnyte, Inc.
- WireWheel, Inc.
- Truyo (IntraEdge, Inc.)
- DataCo GmbH
- Exterro, Inc. (Leeds Equity Partners, LLC)
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Privacy Management Software Market, by Application
1.4.2 North America Privacy Management Software Market, by Enterprise Size
1.4.3 North America Privacy Management Software Market, by Deployment Type
1.4.4 North America Privacy Management Software Market, by Vertical
1.4.5 North America Privacy Management Software Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.3 Top Winning Strategies
4.3.1 Key Leading Strategies: Percentage Distribution (2019-2023)
4.3.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2019, Apr – 2023, May) Leading Players
4.4 Porter Five Forces Analysis
Chapter 5. North America Privacy Management Software Market by Application
5.1 North America Data Discovery & Mapping Market by Country
5.2 North America Data Subject Access Request (DSAR) Market by Country
5.3 North America Consent & Preference Management (CPM) Market by Country
5.4 North America Privacy Impact Assessment (PIA), Incident & Breach Management Market by Country
5.5 North America Vendor & Third-Party Risk Management Market by Country
5.6 North America Other Application Market by Country
Chapter 6. North America Privacy Management Software Market by Enterprise Size
6.1 North America Large Enterprises Market by Country
6.2 North America Small & Medium Enterprises Market by Country
Chapter 7. North America Privacy Management Software Market by Deployment Type
7.1 North America On premise Market by Country
7.2 North America Cloud Market by Country
Chapter 8. North America Privacy Management Software Market by Vertical
8.1 North America BFSI Market by Country
8.2 North America IT & Telecom Market by Country
8.3 North America Government & Defense Market by Country
8.4 North America Healthcare & Lifesciences Market by Country
8.5 North America Retail & eCommerce Market by Country
8.6 North America Manufacturing Market by Country
8.7 North America Others Market by Country
Chapter 9. North America Privacy Management Software Market by Country
9.1 US Privacy Management Software Market
9.1.1 US Privacy Management Software Market by Application
9.1.2 US Privacy Management Software Market by Enterprise Size
9.1.3 US Privacy Management Software Market by Deployment Type
9.1.4 US Privacy Management Software Market by Vertical
9.2 Canada Privacy Management Software Market
9.2.1 Canada Privacy Management Software Market by Application
9.2.2 Canada Privacy Management Software Market by Enterprise Size
9.2.3 Canada Privacy Management Software Market by Deployment Type
9.2.4 Canada Privacy Management Software Market by Vertical
9.3 Mexico Privacy Management Software Market
9.3.1 Mexico Privacy Management Software Market by Application
9.3.2 Mexico Privacy Management Software Market by Enterprise Size
9.3.3 Mexico Privacy Management Software Market by Deployment Type
9.3.4 Mexico Privacy Management Software Market by Vertical
9.4 Rest of North America Privacy Management Software Market
9.4.1 Rest of North America Privacy Management Software Market by Application
9.4.2 Rest of North America Privacy Management Software Market by Enterprise Size
9.4.3 Rest of North America Privacy Management Software Market by Deployment Type
9.4.4 Rest of North America Privacy Management Software Market by Vertical
Chapter 10. Company Profiles
10.1 Securiti, Inc.
10.1.1 Company Overview
10.1.2 SWOT Analysis
10.2 Egnyte, Inc.
10.2.1 Company Overview
10.2.2 Recent strategies and developments:
10.2.2.1 Partnerships, Collaborations, and Agreements:
10.2.3 SWOT Analysis
10.3 WireWheel, Inc.
10.3.1 Company Overview
10.3.2 Recent strategies and developments:
10.3.2.1 Partnerships, Collaborations, and Agreements:
10.3.3 SWOT Analysis
10.4 Truyo (IntraEdge, Inc.)
10.4.1 Company Overview
10.4.2 SWOT Analysis
10.5 DataCo GmbH
10.5.1 Company Overview
10.5.2 Recent strategies and developments:
10.5.2.1 Product Launches and Product Expansions:
10.5.2.2 Acquisition and Mergers:
10.6 SAP SE
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Segmental and Regional Analysis
10.6.4 Research & Development Expense
10.6.5 SWOT Analysis
10.7 OneTrust, LLC
10.7.1 Company Overview
10.7.2 Recent strategies and developments:
10.7.2.1 Partnerships, Collaborations, and Agreements:
10.7.2.2 Acquisition and Mergers:
10.7.3 SWOT Analysis
10.8 BigID, Inc.
10.8.1 Company Overview
10.8.2 Recent strategies and developments:
10.8.2.1 Partnerships, Collaborations, and Agreements:
10.8.2.2 Product Launches and Product Expansions:
10.8.3 SWOT Analysis
10.9 Exterro, Inc. (Leeds Equity Partners, LLC)
10.9.1 Company Overview
10.9.2 Recent strategies and developments:
10.9.2.1 Partnerships, Collaborations, and Agreements:
10.9.2.2 Product Launches and Product Expansions:
10.9.3 SWOT Analysis
10.10. IBM Corporation
10.10.1 Company Overview
10.10.2 Financial Analysis
10.10.3 Regional & Segmental Analysis
10.10.4 Research & Development Expenses
10.10.5 Recent strategies and developments:
10.10.5.1 Partnerships, Collaborations, and Agreements:
10.10.5.2 Product Launches and Product Expansions:
10.10.5.3 Acquisition and Mergers:
10.10.6 SWOT Analysis
TABLE 1 North America Privacy Management Software Market, 2019 - 2022, USD Million
TABLE 2 North America Privacy Management Software Market, 2023 - 2030, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Privacy Management Software Market
TABLE 4 Product Launches And Product Expansions– Privacy Management Software Market
TABLE 5 Acquisition and Mergers– Privacy Management Software Market
TABLE 6 North America Privacy Management Software Market by Application, 2019 - 2022, USD Million
TABLE 7 North America Privacy Management Software Market by Application, 2023 - 2030, USD Million
TABLE 8 North America Data Discovery & Mapping Market by Country, 2019 - 2022, USD Million
TABLE 9 North America Data Discovery & Mapping Market by Country, 2023 - 2030, USD Million
TABLE 10 North America Data Subject Access Request (DSAR) Market by Country, 2019 - 2022, USD Million
TABLE 11 North America Data Subject Access Request (DSAR) Market by Country, 2023 - 2030, USD Million
TABLE 12 North America Consent & Preference Management (CPM) Market by Country, 2019 - 2022, USD Million
TABLE 13 North America Consent & Preference Management (CPM) Market by Country, 2023 - 2030, USD Million
TABLE 14 North America Privacy Impact Assessment (PIA), Incident & Breach Management Market by Country, 2019 - 2022, USD Million
TABLE 15 North America Privacy Impact Assessment (PIA), Incident & Breach Management Market by Country, 2023 - 2030, USD Million
TABLE 16 North America Vendor & Third-Party Risk Management Market by Country, 2019 - 2022, USD Million
TABLE 17 North America Vendor & Third-Party Risk Management Market by Country, 2023 - 2030, USD Million
TABLE 18 North America Other Application Market by Country, 2019 - 2022, USD Million
TABLE 19 North America Other Application Market by Country, 2023 - 2030, USD Million
TABLE 20 North America Privacy Management Software Market by Enterprise Size, 2019 - 2022, USD Million
TABLE 21 North America Privacy Management Software Market by Enterprise Size, 2023 - 2030, USD Million
TABLE 22 North America Large Enterprises Market by Country, 2019 - 2022, USD Million
TABLE 23 North America Large Enterprises Market by Country, 2023 - 2030, USD Million
TABLE 24 North America Small & Medium Enterprises Market by Country, 2019 - 2022, USD Million
TABLE 25 North America Small & Medium Enterprises Market by Country, 2023 - 2030, USD Million
TABLE 26 North America Privacy Management Software Market by Deployment Type, 2019 - 2022, USD Million
TABLE 27 North America Privacy Management Software Market by Deployment Type, 2023 - 2030, USD Million
TABLE 28 North America On premise Market by Country, 2019 - 2022, USD Million
TABLE 29 North America On premise Market by Country, 2023 - 2030, USD Million
TABLE 30 North America Cloud Market by Country, 2019 - 2022, USD Million
TABLE 31 North America Cloud Market by Country, 2023 - 2030, USD Million
TABLE 32 North America Privacy Management Software Market by Vertical, 2019 - 2022, USD Million
TABLE 33 North America Privacy Management Software Market by Vertical, 2023 - 2030, USD Million
TABLE 34 North America BFSI Market by Country, 2019 - 2022, USD Million
TABLE 35 North America BFSI Market by Country, 2023 - 2030, USD Million
TABLE 36 North America IT & Telecom Market by Country, 2019 - 2022, USD Million
TABLE 37 North America IT & Telecom Market by Country, 2023 - 2030, USD Million
TABLE 38 North America Government & Defense Market by Country, 2019 - 2022, USD Million
TABLE 39 North America Government & Defense Market by Country, 2023 - 2030, USD Million
TABLE 40 North America Healthcare & Lifesciences Market by Country, 2019 - 2022, USD Million
TABLE 41 North America Healthcare & Lifesciences Market by Country, 2023 - 2030, USD Million
TABLE 42 North America Retail & eCommerce Market by Country, 2019 - 2022, USD Million
TABLE 43 North America Retail & eCommerce Market by Country, 2023 - 2030, USD Million
TABLE 44 North America Manufacturing Market by Country, 2019 - 2022, USD Million
TABLE 45 North America Manufacturing Market by Country, 2023 - 2030, USD Million
TABLE 46 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 47 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 48 North America Privacy Management Software Market by Country, 2019 - 2022, USD Million
TABLE 49 North America Privacy Management Software Market by Country, 2023 - 2030, USD Million
TABLE 50 US Privacy Management Software Market, 2019 - 2022, USD Million
TABLE 51 US Privacy Management Software Market, 2023 - 2030, USD Million
TABLE 52 US Privacy Management Software Market by Application, 2019 - 2022, USD Million
TABLE 53 US Privacy Management Software Market by Application, 2023 - 2030, USD Million
TABLE 54 US Privacy Management Software Market by Enterprise Size, 2019 - 2022, USD Million
TABLE 55 US Privacy Management Software Market by Enterprise Size, 2023 - 2030, USD Million
TABLE 56 US Privacy Management Software Market by Deployment Type, 2019 - 2022, USD Million
TABLE 57 US Privacy Management Software Market by Deployment Type, 2023 - 2030, USD Million
TABLE 58 US Privacy Management Software Market by Vertical, 2019 - 2022, USD Million
TABLE 59 US Privacy Management Software Market by Vertical, 2023 - 2030, USD Million
TABLE 60 Canada Privacy Management Software Market, 2019 - 2022, USD Million
TABLE 61 Canada Privacy Management Software Market, 2023 - 2030, USD Million
TABLE 62 Canada Privacy Management Software Market by Application, 2019 - 2022, USD Million
TABLE 63 Canada Privacy Management Software Market by Application, 2023 - 2030, USD Million
TABLE 64 Canada Privacy Management Software Market by Enterprise Size, 2019 - 2022, USD Million
TABLE 65 Canada Privacy Management Software Market by Enterprise Size, 2023 - 2030, USD Million
TABLE 66 Canada Privacy Management Software Market by Deployment Type, 2019 - 2022, USD Million
TABLE 67 Canada Privacy Management Software Market by Deployment Type, 2023 - 2030, USD Million
TABLE 68 Canada Privacy Management Software Market by Vertical, 2019 - 2022, USD Million
TABLE 69 Canada Privacy Management Software Market by Vertical, 2023 - 2030, USD Million
TABLE 70 Mexico Privacy Management Software Market, 2019 - 2022, USD Million
TABLE 71 Mexico Privacy Management Software Market, 2023 - 2030, USD Million
TABLE 72 Mexico Privacy Management Software Market by Application, 2019 - 2022, USD Million
TABLE 73 Mexico Privacy Management Software Market by Application, 2023 - 2030, USD Million
TABLE 74 Mexico Privacy Management Software Market by Enterprise Size, 2019 - 2022, USD Million
TABLE 75 Mexico Privacy Management Software Market by Enterprise Size, 2023 - 2030, USD Million
TABLE 76 Mexico Privacy Management Software Market by Deployment Type, 2019 - 2022, USD Million
TABLE 77 Mexico Privacy Management Software Market by Deployment Type, 2023 - 2030, USD Million
TABLE 78 Mexico Privacy Management Software Market by Vertical, 2019 - 2022, USD Million
TABLE 79 Mexico Privacy Management Software Market by Vertical, 2023 - 2030, USD Million
TABLE 80 Rest of North America Privacy Management Software Market, 2019 - 2022, USD Million
TABLE 81 Rest of North America Privacy Management Software Market, 2023 - 2030, USD Million
TABLE 82 Rest of North America Privacy Management Software Market by Application, 2019 - 2022, USD Million
TABLE 83 Rest of North America Privacy Management Software Market by Application, 2023 - 2030, USD Million
TABLE 84 Rest of North America Privacy Management Software Market by Enterprise Size, 2019 - 2022, USD Million
TABLE 85 Rest of North America Privacy Management Software Market by Enterprise Size, 2023 - 2030, USD Million
TABLE 86 Rest of North America Privacy Management Software Market by Deployment Type, 2019 - 2022, USD Million
TABLE 87 Rest of North America Privacy Management Software Market by Deployment Type, 2023 - 2030, USD Million
TABLE 88 Rest of North America Privacy Management Software Market by Vertical, 2019 - 2022, USD Million
TABLE 89 Rest of North America Privacy Management Software Market by Vertical, 2023 - 2030, USD Million
TABLE 90 Key Information – Securiti, Inc.
TABLE 91 Key Information – Egnyte, Inc.
TABLE 92 Key Information – WireWheel, Inc.
TABLE 93 Key Information – Truyo
TABLE 94 Key Information – DataCo GmbH
TABLE 95 Key Information – SAP SE
TABLE 96 Key Information – OneTrust, LLC
TABLE 97 Key Information – BigID, Inc.
TABLE 98 Key Information – Exterro, Inc.
TABLE 99 Key Information – IBM Corporation
List of Figures
FIG 1 Methodology for the research
FIG 2 North America Privacy Management Software Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Privacy Management Software Market
FIG 4 KBV Cardinal Matrix
FIG 5 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 6 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2019, Apr – 2023, May) Leading Players
FIG 7 Porter’s Five Forces Analysis – Privacy Management Software Market
FIG 8 North America Privacy Management Software Market share by Application, 2022
FIG 9 North America Privacy Management Software Market share by Application, 2030
FIG 10 North America Privacy Management Software Market by Application, 2019 - 2030, USD Million
FIG 11 North America Privacy Management Software Market share by Enterprise Size, 2022
FIG 12 North America Privacy Management Software Market share by Enterprise Size, 2030
FIG 13 North America Privacy Management Software Market by Enterprise Size, 2019 - 2030, USD Million
FIG 14 North America Privacy Management Software Market share by Deployment Type, 2022
FIG 15 North America Privacy Management Software Market share by Deployment Type, 2030
FIG 16 North America Privacy Management Software Market by Deployment Type, 2019 - 2030, USD Million
FIG 17 North America Privacy Management Software Market share by Vertical, 2022
FIG 18 North America Privacy Management Software Market share by Vertical, 2030
FIG 19 North America Privacy Management Software Market by Vertical, 2019 - 2030, USD Million
FIG 20 North America Privacy Management Software Market share by Country, 2022
FIG 21 North America Privacy Management Software Market share by Country, 2030
FIG 22 North America Privacy Management Software Market by Country, 2019 - 2030, USD Million
FIG 23 SWOT Analysis: Securiti, Inc.
FIG 24 SWOT Analysis: Egnyte, Inc.
FIG 25 SWOT Analysis: WireWheel, Inc.
FIG 26 SWOT Analysis: Truyo
FIG 27 SWOT Analysis: SAP SE
FIG 28 Recent strategies and developments: OneTrust, LLC
FIG 29 SWOT Analysis: OneTrust, LLC
FIG 30 Recent strategies and developments: BigID, Inc.
FIG 31 SWOT Analysis: BigID, Inc.
FIG 32 Recent strategies and developments: Exterro, Inc.
FIG 33 SWOT Analysis: Exterro, Inc.
FIG 34 Recent strategies and developments: IBM Corporation
FIG 35 SWOT Analysis: IBM Corporation