In response to the growing need for enhanced data privacy and security, GDPR services have gained prominence. As data breaches and privacy concerns continue to make headlines, individuals and organizations are seeking robust solutions to safeguard sensitive information. GDPR services address the increasing transparency requirements in data processing, ensuring that companies adhere to regulations by providing clear guidelines on data collection, usage and storage. These services play a crucial role in assisting businesses to navigate the complex landscape of data protection, fostering trust among consumers and stakeholders alike.
According to Coherent Market Insights, The global GDPR services market size was valued at USD 1,186.5 million in 2022 and is anticipated to witness a compound annual growth rate (CAGR) of 22.45% from 2023 to 2030.
Prominent Companies in the GDPR Services Industry:
1. Infosys Limited:
Founded in 1981, Infosys is headquartered in Bangalore, India. Operating in over 46 countries, including the USA, UK and Australia, Infosys specializes in IT services, consulting and business process outsourcing. Recently, the company expanded its digital transformation capabilities, offering GDPR compliance solutions as part of its comprehensive suite of services.
2. IBM Corporation:
Established in 1911, IBM is based in Armonk, New York. With a presence in more than 175 countries, including Germany, Japan and Brazil, IBM is a global technology and consulting company. It offers GDPR services through its IBM Security division, assisting clients with data protection strategies. IBM’s latest focus includes AI-driven privacy solutions for enhanced compliance.
3. Microsoft Corporation:
Founded in 1975, Microsoft has its headquarters in Redmond, Washington. Operating in over 190 countries, including China, India and France, Microsoft is renowned for its software products. It offers GDPR compliance tools and resources, such as Data Subject Request portals, enabling businesses to manage and protect customer data effectively.
4. Accenture PLC:
Established in 1989 Accenture is headquartered in Dublin, Ireland. With operations in around 120 countries, including the Netherlands, Singapore and Canada. It specializes in consulting and professional services. It provides GDPR readiness assessments and implementation strategies, helping clients adapt to evolving data protection regulations.
5. Tata Consultancy Services Limited:
Founded in 1968, TCS is based in Mumbai, India. Operating in over 46 countries, including the USA, UK and Japan. TCS is a global IT services and consulting firm. The company offers GDPR compliance solutions that include data mapping, consent management and breach reporting, ensuring clients meet regulatory requirements.
6. Wipro Limited:
Established in 1945, Wipro is headquartered in Bangalore, India. With a presence in more than 50 countries, including Sweden, South Africa and UAE, Wipro specializes in IT, consulting and business process services. Wipro’s GDPR services encompass data protection assessments, privacy impact assessments and implementation support.
7. SAP SE:
Founded in 1972, SAP is based in Walldorf, Germany. Operating in around 180 countries including Mexico, South Korea and Italy. SAP is a global leader in enterprise software. Its GDPR solutions assist businesses in managing data subject’s requests, data anoymization and consent management, contributing to comprehensive data compliance strategies.
*Definition- The GDPR services market encompasses offerings that assist organizations in achieving compliance with data protection regulations and ensuring the privacy and security of personal data.