A new report on companiesandmarkets.com shows that the data loss protection market is expanding rapidly in the Asia Pacific region. Although the Asia Pacific DLP sector is still in an early stage of growth, the industry reported double digit growth for 2010 with a value of just under $38 million.
The report suggests that demand for data loss prevention technologies has increased in the Asia Pacific region folowing a number of data loss instances that attracted considerable media attention.
The general awareness of DLP technologies is low in the area where organizations are reportedly pporly informed in terms of the choices available.
The development of converged DLP solutions is being credited as a key factor behind this market’s growth. Vendors are integrating DLP technology into other security offerings in order to attract buyers.
The APAC DLP prevention research report contains 63 pages of insight into the market and show that integration and alignment of DLP, governance, risk and compliance and business process systems will integrate and grow in importance as compliance and regulations spread across the region.