GDPR Assessment Tool Market size was valued at USD 45.02 million in 2024 and is poised to reach USD 2.38 billion by the end of 2037, registering around 35.7% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of GDPR assessment tool is assessed at USD 57.88 million.. The growing need for organizations to abide by the rules and regulations for data protection is leading to the growth of GDPR assessment tool. According to a recent report, if any organization does not act by GDPR, the company has to face legal consequences and can be fined up to 21 billion or 4% of its annual global turnover.
Businesses are growing at a rapid pace and the GDPR assessment tool helps them to identify if any gaps are present in their compliance and gives suggestions for compulsory actions to ensure conformity with GDPR requirements. Therefore, identification of such problems is believed to fuel the GDPR assessment tool market growth.
Author Credits: Abhishek Verma
Copyright © 2024 Research Nester. All Rights Reserved
FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.
Have questions before ordering this report?