The global sensitive data discovery market size is expected to reach USD 15.75 Billion in 2028 and register a robust revenue CAGR over the forecast period, according to latest analysis by Emergen Research. Every piece of information has its own specific set of risks and challenges. Different levels of procedures and special protection is required for remediation. The report discusses the current market standing of these companies, their past performances, demand and supply graph, production and consumption patterns, sales network, distribution channels, and growth opportunities in the market at length. Market revenue growth is driven by factors such as rising adoption of cloud-based sensitive data discovery solutions and rising awareness regarding data security in various sectors such as IT and telecommunication, BFSI, government, healthcare, and others. Data discovery is a process of searching and identifying sensitive data to save or securely remove any sort of compromising information. Continuous generation of new data on a daily basis by various organizations is boosting demand for sensitive data discovery solutions across the globe. Sensitive information can be classified into different levels, such as public, internal, restricted, and confidential. The report also studies business strategies and strategic alliances undertaken by companies to gain a robust footing in the market Increasing investment in data security measures and rising adoption of data security solutions are key factors driving revenue growth of the market in this region.
The report further offers a complete value chain analysis along with an analysis of the downstream buyers and upstream raw materials. Managed services and professional services are sub-segments under the service segment. Sensitive Data Discovery Market Size USD 4.87 Billion in 2020, Market Growth at a CAGR of 15.7%, Market Trend Rapid digitalization and technological advancements in network infrastructure. In January 2021, Netwrix merged with Stealthbits and the combined entity will offer data privacy and security solutions to organizations of any size and in any region around the world.Rising requirements to discover structured and unstructured sensitive information in different end-use industries is a key factor fueling global market growth. The study focuses on global trends, regulatory frameworks, and macro- and micro-economic factors. The report also provides an extensive analysis of the segment and sub-segmented expected to dominate the market over the projected period. The report offers a forecast estimation of the market with regards to the analysis of the market segmentation, including product type, end-user industries, application spectrum, and other segments.
Key players operating in the market are IBM, Microsoft, Oracle, AWS, Proofpoint, Inc., Google, SolarWinds, Micro Focus, PKWARE, Inc., and Thales.
For the purpose of this report, Emergen Research has segmented the global sensitive data discovery market based on component, organization size, deployment mode, application, end-use, and region:
Component Outlook (Revenue: USD Billion; 20182028)
Solution
Service
Organization Size Outlook (Revenue: USD Billion; 20182028)
Small and Medium-sized Enterprises
Large Enterprisess
Deployment Mode Outlook (Revenue: USD Billion; 2018-2028)
On-premises
Cloud
Application Outlook (Revenue: USD Billion; 2018-2028)
The report sheds light on the region expected to dominate the Sensitive Data Discovery market in the coming years. The report estimates the market size in terms of volume and value and offers an accurate estimate of the market share each region is anticipated to hold during the forecast period. The report analyzes the spread of the Sensitive Data Discovery market in key geographies covering North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Key questions addressed in the report:
What are the key factors driving the global Sensitive Data Discovery market?
Who are the key manufacturers in this market space?
Who are the distributors, traders and dealers of this market?
What are the market opportunities and risks affecting the performance of the vendors in the global Sensitive Data Discovery market?
What are the sales and revenue estimations for the top manufacturers in this market over the projected timeline?
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