"Global Data Classification Market – Industry Trends and Forecast to 2028
Global Data Classification Market, By Component (Solution, Services), Deployment (On-Premises, Cloud), Classification (Content-Based Classification, Context-Based Classification, User-Based Classification), Application (GRC, Access Control, Web, Mobile and Email Protection, Centralized Management), Vertical (BFSI, Defense and Government, Healthcare and Life Sciences, Telecom and IT, Education, Media and Entertainment, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
The data classification market is expected to witness market growth at a rate of 24.29% in the forecast period of 2021 to 2028 and is expected to reach USD 5,197.92 million by 2028. Data Bridge Market Research report on data classification market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The growth in uncontrolled data volumes is escalating the growth of data classification market.
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Data Classification refers to a process of categorizing or managing the data into various forms and types. The data is being classified or sorted in the process in accordance with the need of business or personal objective. The main purpose data classification is data management. The enterprise is segmented into private, restricted and public data.
**Segments**
- Based on Component:
- Solutions
- Services
- Based on Organization Size:
- Small and Medium-Sized Enterprises (SMEs)
- Large Enterprises
- Based on Vertical:
- Banking, Financial Services, and Insurance (BFSI)
- Healthcare
- IT and Telecommunications
- Retail
- Government and Defense
- Others
Data classification is a crucial aspect of information management, particularly in today's data-driven world where organizations are continuously handling vast amounts of data. The market for data classification can be segmented based on different factors. One key segmentation is by component, which includes solutions and services. Solutions may consist of software tools that automate the data classification process, while services can involve consulting, training, and support related to data classification implementation. Another segmentation is by organization size, where data classification solutions are targeted towards both small and medium-sized enterprises (SMEs) as well as large corporations. Additionally, the vertical segmentation of the data classification market highlights the specific industries that heavily rely on data classification, such as banking, financial services, and insurance (BFSI), healthcare, IT and telecommunications, retail, government and defense, among others.
**Market Players**
- IBM Corporation
- Microsoft Corporation
- Google LLC
- Amazon Web Services, Inc.
- Symantec Corporation
- Varonis Systems, Inc.
- Boldon James
- PKWARE, Inc.
- Seclore Technology
- Titus
Several key players dominate the data classification market, offering a range of solutions and services to cater to the diverse needs of organizations. IBM Corporation, Microsoft Corporation, Google LLC, and Amazon Web Services, Inc. are among the tech giants that provide robust data classification tools as part of their offerings. Security-focused companies like Symantec Corporation, Varonis Systems, Inc., and Boldon James are also prominent players in the market. Additionally, companies such as PKWARE, Inc., SecloreThe data classification market is a dynamic and highly competitive sector with several key players vying for market share and innovation. IBM Corporation stands out as a leader in providing comprehensive data classification solutions that help organizations effectively organize and secure their data. Their advanced technologies and extensive industry experience make them a trusted partner for many businesses looking to enhance their data management practices. Microsoft Corporation is another major player in the market, offering a wide range of data classification tools integrated into their popular software suites. With a strong focus on data security and compliance, Microsoft's solutions cater to the needs of organizations across various industries.
Google LLC is known for its innovative approach to data classification, leveraging artificial intelligence and machine learning algorithms to simplify the classification process and improve accuracy. Their cloud-based solutions are particularly popular among businesses looking for scalable and efficient data classification capabilities. Amazon Web Services, Inc. is a significant player in the market, providing cloud-based data classification services that enable organizations to classify and protect their data effectively. With a wide range of customizable options and robust security features, AWS has become a preferred choice for many businesses seeking reliable data classification solutions.
Security-focused companies like Symantec Corporation, Varonis Systems, Inc., and Boldon James play a crucial role in the data classification market by offering specialized solutions designed to address the unique security challenges faced by organizations today. Symantec's comprehensive data classification tools help businesses identify and protect sensitive information across their networks, while Varonis Systems' innovative approach to data governance ensures effective data classification and access control. Boldon James specializes in data-centric security solutions, providing businesses with the tools they need to classify and protect their data assets effectively.
PKWARE, Inc., Seclore Technology, and Titus are also key players in the data classification market, offering niche solutions that cater to specific industry requirements and regulatory compliance needs. PKWARE's data-centric security platform enables organizations to classify, secure, and manage their data in a highly efficient manner. Seclore Technology focuses on data-centric security and data classification,**Global Data Classification Market**
- **Component:**
- Solutions
- Services
- **Deployment:**
- On-Premises
- Cloud
- **Classification:**
- Content-Based Classification
- Context-Based Classification
- User-Based Classification
- **Application:**
- GRC
- Access Control
- Web, Mobile, and Email Protection
- Centralized Management
- **Vertical:**
- BFSI
- Defense and Government
- Healthcare and Life Sciences
- Telecom and IT
- Education
- Media and Entertainment
- Others
- **Country:**
- U.S.
- Canada
- Mexico
- Brazil
- Argentina
- Rest of South America
- Germany
- Italy
- U.K.
- France
- Spain
- Netherlands
- Belgium
- Switzerland
- Turkey
- Russia
- Rest of Europe
- Japan
- China
- India
- South Korea
- Australia
- Singapore
- Malaysia
- Thailand
- Indonesia
- Philippines
- Rest of Asia-Pacific
- Saudi Arabia
- U.A.E
- South Africa
- Egypt
- Israel
- Rest of Middle East and Africa
The global data classification market
Core Objective of Data Classification Market:
Every firm in the Data Classification Market has objectives but this market research report focus on the crucial objectives, so you can analysis about competition, future market, new products, and informative data that can raise your sales volume exponentially.
- Size of the Data Classification Market and growth rate factors.
- Important changes in the future Data Classification Market.
- Top worldwide competitors of the Market.
- Scope and product outlook of Data Classification Market.
- Developing regions with potential growth in the future.
- Tough Challenges and risk faced in Market.
- Global Data Classification top manufacturers profile and sales statistics.
Highlights of TOC:
Chapter 1: Market overview
Chapter 2: Global Data Classification Market
Chapter 3: Regional analysis of the Global Data Classification Market industry
Chapter 4: Data Classification Market segmentation based on types and applications
Chapter 5: Revenue analysis based on types and applications
Chapter 6: Market share
Chapter 7: Competitive Landscape
Chapter 8: Drivers, Restraints, Challenges, and Opportunities
Chapter 9: Gross Margin and Price Analysis
Regional Analysis for Data Classification Market:
- APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
- Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
- North America (U.S., Canada, and Mexico)
- South America (Brazil, Chile, Argentina, Rest of South America)
- MEA (Saudi Arabia, UAE, South Africa)
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