The data privacy management software market saw soaring growth in 2020 with worldwide revenues up 46.1% year over year. IDC expects this growth to continue over the next several years, driven by the further expansion of data privacy regulatory regimes worldwide. It is estimated that data privacy. management software revenues will nearly double between 2020 and 2025, reaching nearly $2.3 billion in 2025 with a five-year CAGR of 14.3%. Data privacy management. software encapsulates the software specifically designed and marketed to enable enterprise compliance with. data privacy regulations such as CCPA and GDPR.
Source: https://www.helpnetsecurity.com/2021/06/09/data-privacy-management-software/