CAGR 25.66% Growth Confirmed in Data Classification Market which is expected to Cross $3364.79 million Value by 2026

Posted on
by

Data classification, as its name suggests is a process to categorize and sort the data in different types, structure, and other properties. This classification is usually done on the basis of customer’s requirements and the availability of data sets present for various businesses

This Data Classification Market report presents the worldwide Data Classification market size (value, production, and consumption), splits the breakdown (data status 2017 and 2018 and forecast to 2026), by manufacturers, region, type, and application.

This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porters Five Forces Analysis for the Data Classification industry

 

Market Analysis:

Global Data Classification Market is driven by increasing need for managing big data, which is projecting a rise in estimated value from USD 541.23 million in 2018 to an estimated value of USD 3364.79 million by 2026, registering a CAGR of 25.66% in the forecast period of 2019-2026.

Download Sample PDF Report: https://databridgemarketresearch.com/request-a-sample/?dbmr=global-data-classification-market

 

Key Players:

  • Google
  • IBM Corporation
  • Amazon Web Services
  • BOLDON JAMES
  • Covata Limited
  • DATAGUISE
  • Digital Guardian
  • Forcepoint
  • Clearswift
  • GTB Technologies
  • Informatica
  • Innovative Routines International (IRI)
  • Janusnet Pty Limited
  • Microsoft
  • MinerEye
  • Netwrix Corporation
  • OpenText Corp
  • PKWARE.Inc.

Get TOC https://databridgemarketresearch.com/toc/?dbmr=global-data-classification-market

 

Market Drivers & Restraints:

  • Rising concern for data security of huge data volume as the cybercrime related to data breach has been increased globally.
  • Stringent rules & regulations related to data needs to be followed by the organization which drives the demand for this particular market.
  • There is lack of technological infrastructure in many countries as in many countries the data is still stored on papers.
  • There is complexity in the terminologies & the schemes for data classification

 

Segmentation:

Component

  • Solutions
  • Services 

Methodology

  • Content-Based Classification
  • Context-Based Classification
  • User-Based Classification

Application

  • Access Control
  • Governance Risk, and Compliance
  • Web, Mobile, and Email Protection
  • Centralized Management

Vertical

  • Banking, Financial Services, and Insurance
  • Healthcare and Life Sciences
  • Government and Defense
  • Education
  • Telecom
  • Media and Entertainment

Geography

  • North America
  • South America
  • Europe
  • Asia-Pacific

 

Competitive Analysis:

Global data classification market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of data classification market for global, Europe, North America, Asia Pacific and South America.

Speak to Author: https://databridgemarketresearch.com/speak-to-analyst/?dbmr=global-data-classification-market

Media Contact
Company Name: Data Bridge Market Research
Contact Person: Sopan Gedam
Email: Send Email
Phone: 18883872818
Address:Office Number 317, Amanora Chambers, Magarpatta Road, Hadapsar
City: Pune – 411028
State: Maharashtra
Country: India
Website: https://databridgemarketresearch.com/reports/global-data-classification-market/