The Global [FURL=https://www.industryarc.com/Report/18683/diy-digital-privacy-market.html?utm_source=Briefingwire&utm_medium=Pressrelease&utm_campaign=PaidPressrelease]DIY Digital Privacy Market[/FURL] is estimated to reach $3.9 billion by 2026, growing at a CAGR of 16.1% from 2021 to 2026. DIY digital privacy helps the establishments to understand the primary threats that they usually deal with. Moreover, the growth of the industrial sectors in which the risk of data stealing is high, where the data is easily stolen and sold by the third party. Owing to these factors the DIY digital Privacy Market is expected to grow in the forecast period 2021-2026.The growth of IT sector, rise in cyber-attacks and threats along with growth in privacy among the people with their devices for instance smartphones, laptops, tablets and others are boosting the growth of the market. Data Privacy, particularly DIY Cloud Storage using solutions such as Two Step Authentication is set to grow rapidly.
Key Takeaways
Rise in adoption of DIY digital privacy in the new enterprises for keeping their data secure from hacking or malicious attacks along with digitization of the enterprises are driving the growth of the market.
The data privacy is dominating the market owing the surge in usage of Bring Your Own Device (BYO) in the organizations globally.
APAC is witnessing a significant growth in the market owing to the rise in cloud computing, growth of advanced infrastructure surging the growth of enterprises in which DIY digital privacy is adopted.
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DIY Digital Privacy Market Segment Analysis - By Geography
The Global DIY Digital Privacy Market is dominated by APAC region by a market share of 34.6% in 2020. In APAC region the growth of the digitization in the new enterprises have contributed towards the positive growth of the market. It is widely procured in the new enterprises owing to the cost effectiveness and privacy policy.
The DIY digital privacy offers stronger privacy as compared to centralized services that store and operate over plaintext data. DIY digital privacy has the benefit of running in the public cloud rather than the centralized cloud owing to which it provides narrow interface. These factors are impacting the market in a positive way, thereby boosting the growth of the market.
DIY Digital Privacy Market Drivers
Rise in the growth of cyber-attacks and illegal stealing of data:
Growth due to the rising number of new enterprises along with growth of internet penetration:
DIY Digital Privacy Market top 10 companies are Qnu Labs, DarkTrace Company, Behaviometrics AB, LookOut Company, AT&T Cybersecurity, DigitalShadows Ltd., Circle Internet Financial, Trait Perception, Inc., Enigmedia, ADT INC among others.
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