• Resources
  • Blog
  • Journalists
  • Log In
  • Sign Up
  • Data Privacy
  • Send a Release
Cision PR Newswire: news distribution, targeting and monitoring home
  • News
  • Products
    • Overview
    • Distribution by PR Newswire
    • Cision Communications Cloud®
    • Cision IR
    • Sponsored Placement
    • All Products
  • Contact
    • General Inquiries
    • Request a Demo
    • Editorial Bureaus
    • Partnerships
    • Media Inquiries
    • Worldwide Offices

 

When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All News Releases
      • All Public Company
      • English-only
      • News Releases Overview

      • Multimedia Gallery

      • All Multimedia
      • All Photos
      • All Videos
      • Multimedia Gallery Overview

      • Trending Topics

      • All Trending Topics
  • Business & Money
      • Auto & Transportation

      • All Automotive & Transportation
      • Aerospace, Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads and Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking and Road Transportation
      • Auto & Transportation Overview

      • View All Auto & Transportation

      • Business Technology

      • All Business Technology
      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • Business Technology Overview

      • View All Business Technology

      • Entertain­ment & Media

      • All Entertain­ment & Media
      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • Entertain­ment & Media Overview

      • View All Entertain­ment & Media

      • Financial Services & Investing

      • All Financial Services & Investing
      • Accounting News & Issues
      • Acquisitions, Mergers and Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalization
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • Financial Services & Investing Overview

      • View All Financial Services & Investing

      • General Business

      • All General Business
      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls and Research
      • Trade Show News
      • General Business Overview

      • View All General Business

  • Science & Tech
      • Consumer Technology

      • All Consumer Technology
      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • Consumer Technology Overview

      • View All Consumer Technology

      • Energy & Natural Resources

      • All Energy
      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil and Gas Discoveries
      • Utilities
      • Water Utilities
      • Energy & Natural Resources Overview

      • View All Energy & Natural Resources

      • Environ­ment

      • All Environ­ment
      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • Environ­ment Overview

      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • All Heavy Industry & Manufacturing
      • Aerospace & Defense
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation and Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking and Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • Heavy Industry & Manufacturing Overview

      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • All Telecomm­unications
      • Carriers and Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • Telecomm­unications Overview

      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • All Consumer Products & Retail
      • Animals & Pets
      • Beers, Wines and Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics and Personal Care
      • Fashion
      • Food & Beverages
      • Furniture and Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewelry
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • Consumer Products & Retail Overview

      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • All Entertain­ment & Media
      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • Entertain­ment & Media Overview

      • View All Entertain­ment & Media

      • Health

      • All Health
      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • Health Overview

      • View All Health

      • Sports

      • All Sports
      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • Sports Overview

      • View All Sports

      • Travel

      • All Travel
      • Amusement Parks and Tourist Attractions
      • Gambling & Casinos
      • Hotels and Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • Travel Overview

      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • All Policy & Public Interest
      • Advocacy Group Opinion
      • Animal Welfare
      • Congressional & Presidential Campaigns
      • Corporate Social Responsibility
      • Domestic Policy
      • Economic News, Trends, Analysis
      • Education
      • Environmental
      • European Government
      • FDA Approval
      • Federal and State Legislation
      • Federal Executive Branch & Agency
      • Foreign Policy & International Affairs
      • Homeland Security
      • Labor & Union
      • Legal Issues
      • Natural Disasters
      • Not For Profit
      • Patent Law
      • Public Safety
      • Trade Policy
      • U.S. State Policy
      • Policy & Public Interest Overview

      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • All People & Culture
      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • People & Culture Overview

      • View All People & Culture

      • In-Language News

      • español
      • português
      • Česko
      • Danmark
      • Deutschland
      • España
      • France
      • Italia
      • Nederland
      • Norge
      • Polska
      • Portugal
      • Россия
      • Slovensko
      • Suomi
      • Sverige
  • Overview
  • Distribution by PR Newswire
  • Cision Communications Cloud®
  • Cision IR
  • Sponsored Placement
  • All Products
  • General Inquiries
  • Request a Demo
  • Editorial Bureaus
  • Partnerships
  • Media Inquiries
  • Worldwide Offices
  • PR Newswire: news distribution, targeting and monitoring
  • Send a Release
    • ALL CONTACT INFO
    • Contact Us

      888-776-0942
      from 8 AM - 10 PM ET

  • Send a Release
  • Sign Up
  • Log In
  • Resources
  • Blog
  • Journalists
  • RSS
  • GDPR
  • News in Focus
    • Browse All News
    • Multimedia Gallery
    • Trending Topics
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Send a Release
  • Sign Up
  • Log In
  • Resources
  • Blog
  • Journalists
  • RSS
  • GDPR
  • Overview
  • Distribution by PR Newswire
  • Cision Communications Cloud®
  • Cision IR
  • All Products
  • Send a Release
  • Sign Up
  • Log In
  • Resources
  • Blog
  • Journalists
  • RSS
  • GDPR
  • General Inquiries
  • Request a Demo
  • Editorial Bureaus
  • Partnerships
  • Media Inquiries
  • Worldwide Offices
  • Send a Release
  • Sign Up
  • Log In
  • Resources
  • Blog
  • Journalists
  • RSS
  • GDPR

OneTrust is "Leading the Market Outright" and Ranked #1 in Market Share for Privacy Software

Worldwide Data Privacy Management Software Reports Show OneTrust's continued leadership with 40.2% of the market share

OneTrust is the #1 most widely used privacy, security and third-party risk technology platform trusted by more than 3,000 companies to comply with the CCPA, GDPR, ISO27001 and hundreds of the world’s privacy and security laws. (PRNewsfoto/OneTrust)

News provided by

OneTrust

Apr 29, 2021, 09:51 ET

Share this article

Share this article


ATLANTA, April 29, 2021 /PRNewswire/ -- OneTrust, the #1 fastest-growing company on Inc. 500 and the category-defining enterprise platform to operationalize trust, today announced it has been ranked #1 for 2020 market share in the IDC Market Share report on Data Privacy Management Software. OneTrust was also named a Leader in the IDC MarketScape: Worldwide Data Privacy Management Software 2021 Vendor Assessment.

In the IDC Market Share report, OneTrust "showing no signs of slowing down or stopping" with the largest share of the market at 40.2%, more than all other named vendors combined for the second year running.

In the IDC MarketScape, OneTrust was named a Leader based on analysis of strategies and capabilities.

  • Download the market share excerpt: IDC Worldwide Data Privacy Management Software Market Shares, 2020: OneTrust Continues Record Growth and Expands Market Lead Despite the Pandemic 
  • Download the vendor excerpt: IDC MarketScape: Worldwide Data Privacy Management Software 2021 Vendor Assessment

The IDC Market Share report ranks the market share data across privacy management software vendors. In the report, IDC highlights that "OneTrust is leading the market outright and is showing no signs of slowing down or stopping," with 40.2% of the total market share, more than all other named vendors combined. OneTrust also grew 66.2% year over year, the largest increase among all vendors in the report.

The IDC MarketScape report evaluates privacy management software vendors based on strategies, and capabilities. The report names OneTrust a leader due to strength across the 13 evaluated categories, including customer satisfaction, innovation, growth and functionality.

OneTrust Continues to Dominate the Market with IDC Reporting 40.2% Market Share

The IDC Market Share report discusses overall market dynamics, analysis of the competitive landscape, and a quantitative assessment of the biggest vendors in the market.

"Despite the prognostications of doom and gloom for the global economy in March-April of 2020, the worldwide data privacy market grew 46.1% in 2020. OneTrust is leading the market outright and is showing no signs of slowing down or stopping." The breadth and growth of OneTrust's functionality is what has helped maintain its position as market leader, continuing to dominate the competition with a 40.2% share and a 66.2% year-over-year growth according to IDC.

"OneTrust continues to shape not only the year but the market." In a market that continues to grow rapidly, OneTrust are again leading the market and providing organizations with the functionality their programs need.

Download the excerpt:  IDC Worldwide Data Privacy Management Software Market Shares, 2020: OneTrust Continues Record Growth and Expands Market Lead Despite the Pandemic

OneTrust Named a Leader the IDC MarketScape Report

The IDC MarketScape report evaluates 13 key categories, discussing market dynamics, and the competitive landscape, as well as sharing a quantitative assessment of the market's vendors. OneTrust was named a leader based on our customer satisfaction, growth, scalability, and regulatory intelligence capabilities.

OneTrust's functionality and its position as a "one stop shop for data privacy compliance," is why the IDC MarketScape named OneTrust as a leader. "OneTrust's capabilities leave no stone unturned. OneTrust can accomplish all the essential data privacy compliance tasks all with native capability."

The IDC MarketScape report notes, "OneTrust has had a meteoric rise since its founding in 2016... Founded with a deep focus on data privacy compliance management but has since expanded to adjacent use cases. OneTrust has started to create a trust platform that not only enables better privacy compliance outcomes for their clients but manages other types of risk and even manages ethics and social responsibility."

Download the excerpt: IDC MarketScape: Worldwide Data Privacy Management Software 2021 Vendor Assessment

"To lead in privacy, a technology needs to have deep privacy expertise, research capabilities, and customer satisfaction. Both the IDC market share and IDC MarketScape reports recognize that in addition to OneTrust's solid data privacy foundation, our leadership expands to building the platform of trust, and working with our customers to bridge privacy into other areas of the business to make trust a competitive advantage," said Kabir Barday, OneTrust CEO and Fellow of Information Privacy (FIP). "We're honored to be named a leader in IDC MarketScape for Worldwide Data Privacy Management Software and ranked #1 for 2020 Market Share, and look forward to continuing to deliver innovative solutions to help our customers in their journeys to become more trusted organizations."

To learn more about why OneTrust is leading the way in data privacy management software, download IDC's MarketScape excerpt, or to learn more about OneTrust's position in the market, download IDC's Market Share excerpt.

For information or to request a demo, visit OneTrust.com. 

About IDC MarketScape
IDC MarketScape vendor assessment model is designed to provide an overview of the competitive fitness of ICT (information and communications technology) suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor's position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT and telecommunications vendors can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective vendors.

IDC Worldwide Data Privacy Management Software Market Shares, 2020: OneTrust Continues Record Growth and Expands Market Lead Despite the Pandemic, (Doc# US46970821), Apr 2021

Source: IDC - IDC MarketScape: Worldwide Data Privacy Management Software 2021 Vendor Assessment, (Doc# US46858221), Apr 2021

About OneTrust 
OneTrust is the #1 fastest-growing company on Inc. 500 and the category-defining enterprise platform to operationalize trust. More than 8,000 customers, including half of the Fortune 500, use OneTrust to make trust a competitive differentiator, implementing central agile workflows across privacy, security, data governance, GRC, third-party risk, ethics and compliance, and ESG programs.

The OneTrust platform is backed by 150 patents and powered by the OneTrust Athena AI and robotic automation engine, and capabilities include:

  • OneTrust Privacy - Privacy Management Software
  • OneTrust DataDiscovery - AI-Powered Discovery and Classification
  • OneTrust DataGovernance - Data Intelligence Software
  • OneTrust Vendorpedia - Third-Party Risk Exchange
  • OneTrust GRC - Integrated Risk Management Software
  • OneTrust Ethics - Ethics and Compliance Software
  • OneTrust PreferenceChoice - Consent and Preference Management Software
  • OneTrust ESG – Environmental, Social & Governance Software

OneTrust has raised a total of $920 million in funding at a $5.3 billion valuation from Insight Partners, Coatue, TCV, SoftBank Vision Fund 2, and Franklin Templeton. OneTrust's fast-growing team of 1,500 employees is co-headquartered in Atlanta and London with additional offices in Bangalore, Melbourne, Denver, Seattle, San Francisco, New York, São Paulo, Munich, Paris, Hong Kong, and Bangkok.

To learn more, visit OneTrust.com or connect on LinkedIn, Twitter, and YouTube.

Media Contact
Gabrielle Ferree
+1 770-294-4668
[email protected]

SOURCE OneTrust

Related Links

https://onetrust.com/

Modal title

Also from this source

OneTrust Hires Marcelo Modica as First Chief People Officer...

OneTrust Hires Marcelo Modica as First Chief People Officer...


OneTrust Launches World's First Technology Platform to Build and...

OneTrust Launches World's First Technology Platform to Build and...

Explore

More news releases in similar topics

  • Computer & Electronics
  • Computer Software
  • High Tech Security
  • Internet Technology
  • Telecommunications Industry

Contact Cision

  • Cision Distribution 888-776-0942
    from 8 AM - 9 PM ET

  • Chat with an Expert
  • General Inquiries
  • Request a Demo
  • Editorial Bureaus
  • Partnerships
  • Media Inquiries
  • Worldwide Offices

Products

  • Cision Communication Cloud®
  • For Marketers
  • For Public Relations
  • For IR & Compliance
  • For Agency
  • For Small Business
  • All Products

About

  • About PR Newswire
  • About Cision
  • Become a Publishing Partner
  • Become a Channel Partner
  • Careers
  • COVID-19 Resources
  • Accessibility Statement
  • Asia
  • Brazil
  • Canada
  • Czech
  • Denmark
  • Finland
  • France
  • Germany
  • India
  • Israel
  • Italy
  • Mexico
  • Middle East
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Russia
  • Slovakia
  • Spain
  • Sweden
  • United Kingdom

My Services

  • All New Releases
  • Online Member Center
  • ProfNet

Contact Cision

Products

About

My Services
  • All News Releases
  • Online Member Center
  • ProfNet
Cision Distribution Helpline
888-776-0942
  • Terms of Use
  • Privacy Policy
  • Information Security Policy
  • Site Map
  • RSS
  • Cookie Settings
Copyright © 2022 Cision US Inc.