On the basis of offering, the GDPR service market is segmented into solutions and services. The solutions market is further subcategorized into API management and data management. The data management segment is further subdivided into data governance and data mapping and discovery. The service segmented is further subcategorized into managed services and professional services. The professional services are further sub-segmented into DPO-as-a-Service, GDPR readiness assessment, DPO-as-a-Service and Training, and Certification.
Among all these segments, data management solution generates larger revenue in comparison to that accumulated by API management solution, globally. Data management solutions are extensively crucial for complying with GDPR systems as it enables the user’s in storing, deleting, accessing, monitoring and encrypting private data.