Worldwide Information Protection Software Forecast, 2023–2027
This IDC study highlights the drivers and challenges impacting the information protection software market. It also includes discussion and insight on where the market is headed in 2023 through 2027. "Information protection technologies continue to offer an effective approach for identifying and securing sensitive data from being accessed inappropriately or exfiltrated from the organization. This shows continued market growth for 2022," said Jennifer Glenn, research director, Security and Trust Group, IDC. "As organizations adopt GenAI and look for other ways of finding and using the data throughout their organization, information protection technologies can offer a foundation for using that information securely."
Please Note: Extended description available upon request.
IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Platforms Aren't a Universal Remedy, Focus on Integration
Data Security Must Protect All Data — No Matter Where It Lives
Information Protection in the GenAI Era Must Secure More than Existing Data
Market Forecast
Market Context
Drivers and Inhibitors
Drivers
Digital Transformation Changed the Value of Data
Generative AI Will Drive More Market Growth for Information Protection Technologies
Increased Risks from Insiders Change the Way Information Protection Is Implemented
Inhibitor
Information Protection Will Gain Traction and Attention from Outside Security Teams
Significant Market Developments
Market Convergence
Data Security Adjacent Markets Are Making Waves in the Market