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DIY Digital Privacy Market
The Global DIY Digital Privacy Market is estimated to reach $3.9 billion by 2026, growing at a CAGR of 16.1% from 2021 to 2026. DIY digital privacy helps the establishments to understand the primary threats that they usually deal with. Moreover, the growth of the industrial sectors in which the risk of data stealing is high, where the data is easily stolen and sold by the third party. Owing to these factors the DIY digital Privacy Market is expected to grow in the forecast period 2021-2026.
The growth of IT sector, rise in cyber-attacks and threats along with growth in privacy among the people with their devices for instance smartphones, laptops, tablets and others are boosting the growth of the market. Data Privacy, particularly DIY Cloud Storage using solutions such as Two Step Authentication is set to grow rapidly.
Report Coverage
<span lang="EN-US" times="" new="" roman";mso-bidi-font-family:calibri;mso-bidi-theme-font:minor-latin;="" color:black;mso-themecolor:text1"="" style="box-sizing: border-box;">Key Takeaways
- Rise in adoption of DIY digital privacy in the new enterprises for keeping their data secure from hacking or malicious attacks along with digitization of the enterprises are driving the growth of the market.
- The data privacy is dominating the market owing the surge in usage of Bring Your Own Device (BYO) in the organizations globally.
- APAC is witnessing a significant growth in the market owing to the rise in cloud computing, growth of advanced infrastructure surging the growth of enterprises in which DIY digital privacy is adopted.<span lang="EN-US" times="" new="" roman";mso-bidi-font-family:="" calibri;mso-bidi-theme-font:minor-latin"="" style="box-sizing: border-box;">
<span lang="EN-US" times="" new="" roman";mso-bidi-font-family:="" calibri;mso-bidi-theme-font:minor-latin;color:black;mso-themecolor:text1"="" style="box-sizing: border-box;">
<span lang="EN-US" times="" new="" roman";mso-fareast-theme-font:minor-fareast;mso-bidi-font-family:="" calibri;mso-bidi-theme-font:minor-latin;color:black;mso-themecolor:text1;="" background:white"="" style="box-sizing: border-box;">DIY Digital Privacy Market CAGR, By Type, 2021-2026
<span lang="EN-US" times="" new="" roman";mso-bidi-font-family:="" calibri;mso-bidi-theme-font:minor-latin;color:black;mso-themecolor:text1"="" style="box-sizing: border-box;">
<span lang="EN-US" times="" new="" roman";mso-fareast-theme-font:minor-fareast;mso-bidi-font-family:="" calibri;mso-bidi-theme-font:minor-latin;color:black;mso-themecolor:text1;="" background:white"="" style="box-sizing: border-box;">DIY Digital Privacy Market <span lang="EN-US" times="" new="" roman";mso-bidi-font-family:calibri;mso-bidi-theme-font:minor-latin;="" color:black;mso-themecolor:text1;background:white"="" style="box-sizing: border-box;">Segment Analysis - <span lang="EN-US" times="" new="" roman";mso-fareast-theme-font:minor-fareast;mso-bidi-font-family:="" calibri;mso-bidi-theme-font:minor-latin;color:black;mso-themecolor:text1;="" background:white"="" style="box-sizing: border-box;">By Type
The stringent data privacy regulations built up by most of the organizations are also an important factor for the growth of DIY digital privacy. By using DIY digital privacy the employees or the organization itself decides what all data is required to share with the third party which thereby reduces the risk of illegal stealing of data or any unauthentic disturbances. These factors are fueling the growth of the market.
<span lang="EN-US" times="" new="" roman";mso-fareast-theme-font:minor-fareast;mso-bidi-font-family:="" calibri;mso-bidi-theme-font:minor-latin;color:black;mso-themecolor:text1;="" background:white"="" style="box-sizing: border-box;">DIY Digital Privacy Market <span lang="EN-US" times="" new="" roman";mso-bidi-font-family:calibri;mso-bidi-theme-font:minor-latin;="" color:black;mso-themecolor:text1;background:white"="" style="box-sizing: border-box;">Segment Analysis - By End Users
<span lang="EN-US" times="" new="" roman";mso-fareast-theme-font:minor-fareast;mso-bidi-font-family:="" calibri;mso-bidi-theme-font:minor-latin;color:black;mso-themecolor:text1;="" background:white"="" style="box-sizing: border-box;">The DIY digital privacy offers full control to migrate applications to another provider, control geographic placement to avoid unfriendly surveillance laws and delete data. In addition, DIY Digital Privacy is also used in cloud based file transfer as it is used to create a file storage and transfer server with enhanced privacy. Owing to these factors the DIY digital privacy are adopted in the Enterprises thereby driving the market growth.
<span lang="EN-US" times="" new="" roman";mso-fareast-theme-font:minor-fareast;mso-bidi-font-family:="" calibri;mso-bidi-theme-font:minor-latin;color:black;mso-themecolor:text1;="" background:white"="" style="box-sizing: border-box;">DIY Digital Privacy Market <span lang="EN-US" times="" new="" roman";mso-bidi-font-family:calibri;mso-bidi-theme-font:minor-latin;="" color:black;mso-themecolor:text1;background:white"="" style="box-sizing: border-box;">Segment Analysis - By Geography
<span lang="EN-US" times="" new="" roman";mso-fareast-theme-font:minor-fareast;="" mso-bidi-font-family:calibri;mso-bidi-theme-font:minor-latin;color:black;="" mso-themecolor:text1;background:white"="" style="box-sizing: border-box;">The DIY digital privacy offers stronger privacy as compared to centralized services that store and operate over plaintext data. DIY digital privacy has the benefit of running in the public cloud rather than the centralized cloud owing to which it provides narrow interface. These factors are impacting the market in a positive way, thereby boosting the growth of the market.
<span lang="EN-US" times="" new="" roman";mso-fareast-theme-font:minor-fareast;="" mso-bidi-font-family:calibri;mso-bidi-theme-font:minor-latin;color:black;="" mso-themecolor:text1;background:white"="" style="box-sizing: border-box;">
<span lang="EN-US" times="" new="" roman";mso-fareast-theme-font:minor-fareast;mso-bidi-font-family:="" calibri;mso-bidi-theme-font:minor-latin;color:black;mso-themecolor:text1;="" background:white"="" style="box-sizing: border-box;">DIY Digital Privacy Market Drivers
<span lang="EN-US" times="" new="" roman";mso-fareast-theme-font:minor-fareast;mso-bidi-font-family:="" calibri;mso-bidi-theme-font:minor-latin;color:black;mso-themecolor:text1;="" background:white"="" style="box-sizing: border-box;">Rise in the growth of cyber-attacks and illegal stealing of data:
<span lang="EN-US" times="" new="" roman";mso-fareast-theme-font:minor-fareast;mso-bidi-font-family:="" calibri;mso-bidi-theme-font:minor-latin;color:black;mso-themecolor:text1;="" background:white"="" style="box-sizing: border-box;">Growth due to the rising number of new enterprises along with growth of internet penetration:
<span lang="EN-US" times="" new="" roman";mso-fareast-theme-font:minor-fareast;mso-bidi-font-family:="" calibri;mso-bidi-theme-font:minor-latin;color:black;mso-themecolor:text1;="" background:white"="" style="box-sizing: border-box;">DIY Digital Privacy Market <span lang="EN-US" times="" new="" roman";mso-bidi-font-family:calibri;mso-bidi-theme-font:minor-latin;="" color:black;mso-themecolor:text1;background:white"="" style="box-sizing: border-box;">Challenges
<span lang="EN-US" times="" new="" roman";mso-fareast-theme-font:minor-fareast;mso-bidi-font-family:="" calibri;mso-bidi-theme-font:minor-latin;color:black;mso-themecolor:text1;="" background:white"="" style="box-sizing: border-box;">Security related challenges
<span lang="EN-US" times="" new="" roman";mso-fareast-theme-font:minor-fareast;mso-bidi-font-family:="" calibri;mso-bidi-theme-font:minor-latin;color:black;mso-themecolor:text1;="" background:white"="" style="box-sizing: border-box;">DIY Digital Privacy Market Landscape
<span lang="EN-US" times="" new="" roman";mso-bidi-font-family:="" calibri;mso-bidi-theme-font:minor-latin;color:black;mso-themecolor:text1;="" mso-bidi-font-style:italic"="" style="box-sizing: border-box;">Acquisitions/Technology Launches
<span lang="EN-US" times="" new="" roman";mso-fareast-theme-font:minor-fareast;mso-bidi-font-family:="" calibri;mso-bidi-theme-font:minor-latin;color:black;mso-themecolor:text1;="" background:white"="" style="box-sizing: border-box; font-family: sans-serif, "open sans"; font-size: 16px; background-color: rgb(255, 255, 255);"><span lang="EN-US" times="" new="" roman";mso-bidi-font-family:calibri;="" mso-bidi-theme-font:minor-latin;color:black;mso-themecolor:text1;background:="" white;mso-bidi-font-weight:bold"="" style="box-sizing: border-box; font-family: sans-serif, "open sans"; font-size: 16px; background-color: rgb(255, 255, 255);"><span lang="EN-US" times="" new="" roman";mso-bidi-font-family:calibri;="" mso-bidi-theme-font:minor-latin;color:black;mso-themecolor:text1;background:="" white;mso-bidi-font-weight:bold"="" style="box-sizing: border-box; font-family: sans-serif, "open sans"; font-size: 16px; background-color: rgb(255, 255, 255);">
- <span lang="EN-US" times="" new="" roman";mso-bidi-font-family:="" calibri;mso-bidi-theme-font:minor-latin;color:black;mso-themecolor:text1;="" mso-bidi-font-style:italic"="" style="box-sizing: border-box;">In March 2020, Qnu Labs launched Quantum Random Number Generator (QRNG) basically called Tropos and Quantum Key Distribution System (QKDS) called Armos. These two product lines launched by the company is for providing data security and privacy.
- In January 2020, ADT, INC., launched “Blue”. It is a home security DIY platform that the users can configure themselves for professional monitoring and storage. This product is a series of individual home security components.