The data classification market was valued at US$ 568.80 million in 2019 and is projected to reach US$ 3,577.49 million by 2027. The Data classification market is expected to grow at a CAGR of 27.6% from 2020 to 2027.
The data classification is a tool that classifies enormous data into varied tabs to maximize most out of it while maintaining the privacy of confidential data. The commercialization of data protection laws such as GDPR and Health Insurance Portability and Accountability Act (HIPAA) is directly linked to impact the scope of data classification worldwide. Growing business data and cloud migrations, ramp up of personal data identification, threat to privacy in email, leverage of machine learning, and converge of data management and data protection are among the factors that play a significant role in accelerating the scope of data classification. The data classification is receiving high momentum across the world. The roll-out of data classification tool to combat situation of cyber threats is paving the path for the market growth. Also, growing emphasis on data protection laws by government authorities in countries such as the UK, the US, Germany, and Singapore is propelling the adoption rate of data classification. Moreover, the integration of sophisticated technologies such as machine learning and artificial intelligence into data classification tools accelerates the output and productivity of entire business. For instance, 40% of US firms use ML to improve their sales and marketing strategies, and the European banks have witnessed increase in product sales by 10% and lower churn rates by 20% with ML.
The data classification market is segmented into component, application, vertical, and geography. Based on component, the solution segment held the largest share of global data classification market. The data classification solution derives security controls applied to the particular set of data. Based on application, the web, mobile, and email protection segment dominated the global data classification market in 2019. With rise in the use of email, mobile, and web application for transferring data among corporates and industries, the data protection and data classification tools have become a necessity. Based on vertical, the BFSI segment contributed a substantial share in 2019 and is projected to continue its dominance during the forecast period. Geographically, the market is segmented into five major regions—North America, Europe, Asia Pacific (APAC), the Middle East and Africa (MEA), and South America (SAM).
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Data Classification Market: Strategic Insights
Market Size Value in US$ 568.80 Million in 2019 Market Size Value by US$ 3,577.49 Million by 2027 Growth rate CAGR of 27.6% from 2020-2027 Forecast Period 2020-2027 Base Year 2020
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Data Classification Market: Strategic Insights
| Market Size Value in | US$ 568.80 Million in 2019 |
| Market Size Value by | US$ 3,577.49 Million by 2027 |
| Growth rate | CAGR of 27.6% from 2020-2027 |
| Forecast Period | 2020-2027 |
| Base Year | 2020 |
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Data classification Market Insights
Government Mandates in Developed Nations
The US, Germany, the UK, and Singapore are among the countries where the government has regulated IT companies with data encryption and protection laws owing to which tech firms are finding opportunities in these markets to promote their data classification services. The US and UK governments have set up three-tiered data classification schemes for the public sector. Even the Washington government has gone beyond this range and established a five-tiered classification scheme and has been well applauded by the region's open data advocates by creating potential space for the domain's industry vendors. Various financial services companies, such as insurance companies and banks, are the primary users of data classification solutions as they have to deal with large volumes of personally identifiable information (PII) and government data protection regulations.
Component -Based Market Insights
On the basis of component, the data classification market is segmented into solution and services. Titus, Boldon James, Digital Guardian, Spirion, and Netwrix are some prominent players prevailing in the market to cater needs of data protection and data classification. The companies offer complete data classification tool accompanied with range of services to make sure proper performance of the solution.
Application -Based Market Insights
Based on application, the data classification market is segmented into governance, risk and compliance, web, mobile and email protection, and others.
Vertical -Based Market Insights
Based on vertical, the data classification market is segmented into: BFSI, IT and telecom, media and entertainment, retail, education, healthcare, others. Banks and various other financial industry companies use Machine Learning (ML) technology for two essential purposes: identifying valuable data insights and preventing fraud. The insights can identify opportunities to invest or help investors know when to trade.
Players operating in the Data classification market focus on strategies, such as market initiatives, acquisitions, and product launches, to maintain their positions in the data classification market. A few developments by key players of the data classification market are:
In March 2020, Netwrix, allows information security and governance professionals to retrieve control on confidential, regulated and business-critical data. The company introduced Netwrix Data Classification 5.5.2.
In November 2018, Titus, a leader in data protection solutions has introduced Titus Intelligent Protection. The new tool provides machine learning driven by classification to lower risk of data loss.
Data Classification Market Report Scope
Data Classification Market – by Solutions
- Solution
- Services
Data Classification Market – by Application
- GRC
- Web
- Mobile
- Email Protection
- Others
Data Classification Market – by Verticals
- BFSI
- IT and Telecom
- Media and Entertainment
- Retail
- Education
- Healthcare
- Others
Data Classification Market – by Geography
North America
- US
- Canada
- Mexico
Europe
- France
- Germany
- Russia
- UK
- Italy
- Rest of Europe
Asia Pacific (APAC)
- China
- India
- Japan
- Australia
- South Korea
- Rest of APAC
MEA
- Saudi Arabia
- UAE
- South Africa
- Rest of MEA
SAM
- Brazil
- Argentina
- Rest of SAM
Data Classification Market – Company Profiles
- Boldon James
- Google LLC
- Microsoft Corporation
- Open Text Corporation
- DATAGUISE
- Informatica
- Netwrix Corporation
- PKWARE, Inc.
- Titus
- Varonis
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Solution ; Application ; Vertical
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Data Classification Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.2.2 Europe
4.2.3 Asia-Pacific
4.2.4 Middle East & Africa
4.2.5 South America
4.3 Ecosystem Analysis
4.4 Expert Opinion
4.5 Premium Insights
4.5.1 Data Classification by Methodology
4.5.2 Content-Based Classification
4.5.3 Context-Based Classification
4.5.4 User-Based Classification
5. Data Classification Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Government Mandates in Developed Nations
5.1.2 Emergence of Data Classification to Tackle Cyberattacks or Threats
5.2 Market Restraints
5.2.1 Complexities Associated with Data Classification Process
5.3 Market Opportunities
5.3.1 Integration of AI and ML into Data Classification
5.4 Future Trends
5.4.1 Growing Demand for Data-Driven Decision-Making Process
5.5 Impact Analysis of Drivers and Restraints
6. Data Classification Market – Global Analysis
6.1 Data Classification Market Global Overview
6.2 Data Classification Market – Revenue and Forecast to 2027 (US$ Million)
6.3 Market Positioning – Five Key Players
7. Data Classification Market Analysis – By Component
7.1 Overview
7.2 Data Classification Market Breakdown, by Component, 2019 & 2027
7.3 Solution
7.3.1 Overview
7.3.2 Solution Market Revenue and Forecast to 2027 (US$ Million)
7.4 Services
7.4.1 Overview
7.4.2 Services Market Revenue and Forecast to 2027 (US$ Million)
8. Data Classification Market Revenue and Forecast to 2027 – Application
8.1 Overview
8.2 Global Data Classification Market Breakdown, By Application, 2019 & 2027
8.3 Governance, Risk and Compliance
8.3.1 Overview
8.3.2 Governance, Risk and Compliance Market Forecast and Analysis
8.4 Web, Mobile, and Email Protection
8.4.1 Overview
8.4.2 Web, Mobile, and Email Protection Market Forecast and Analysis
8.5 Others
8.5.1 Overview
8.5.2 Others Market Forecast and Analysis
9. Data Classification Market Revenue and Forecast to 2027 – Vertical
9.1 Overview
9.2 Global Data Classification Market Breakdown, By Vertical, 2019 & 2027
9.3 BFSI
9.3.1 Overview
9.3.2 BFSI Market Forecast and Analysis
9.4 IT and Telecom
9.4.1 Overview
9.4.2 IT and Telecom Market Forecast and Analysis
9.5 Media and Entertainment
9.5.1 Overview
9.5.2 Media and Entertainment Market Forecast and Analysis
9.6 Retail
9.6.1 Overview
9.6.2 Retail Market Forecast and Analysis
9.7 Education
9.7.1 Overview
9.7.2 Education Market Forecast and Analysis
9.8 Healthcare
9.8.1 Overview
9.8.2 Healthcare Market Forecast and Analysis
9.9 Others
9.9.1 Overview
9.9.2 Others Market Forecast and Analysis
10. Data Classification Market – Geographic Analysis
10.1 Overview
10.2 North America: Data Classification Market
10.2.1 North America: Data Classification Market – Revenue and Forecast to 2027 (US$ Million)
10.2.2 North America: Data Classification Market, by Component
10.2.3 North America: Data Classification Market, by Application
10.2.4 North America: Data Classification Market, by Vertical
10.2.5 North America: Data Classification Market, by Key Country
10.2.5.1 US: Data Classification Market – Revenue and Forecast to 2027 (US$ Million)
10.2.5.1.1 US: Data Classification Market, by Component
10.2.5.1.2 US: Data Classification Market, by Application
10.2.5.1.3 US: Data Classification Market, by Vertical
10.2.5.2 Canada: Data Classification Market – Revenue and Forecast to 2027 (US$ Million)
10.2.5.2.1 Canada: Data Classification Market, by Component
10.2.5.2.2 Canada: Data Classification Market, by Application
10.2.5.2.3 Canada: Data Classification Market, by Vertical
10.2.5.3 Mexico: Data Classification Market – Revenue and Forecast to 2027 (US$ Million)
10.2.5.3.1 Mexico: Data Classification Market, by Component
10.2.5.3.2 Mexico: Data Classification Market, by Application
10.2.5.3.3 Mexico: Data Classification Market, by Vertical
10.3 Europe: Data Classification Market
10.3.1 Europe: Data Classification Market – Revenue and Forecast to 2027 (US$ Million)
10.3.2 Europe: Data Classification Market, By Component
10.3.3 Europe: Data Classification Market, By Application
10.3.4 Europe: Data Classification Market, By Vertical
10.3.5 Europe: Data Classification Market, By Country
10.3.5.1 Germany: Data Classification Market – Revenue and Forecast to 2027 (US$ Million)
10.3.5.1.1 Germany: Data Classification Market, by Component
10.3.5.1.2 Germany: Data Classification Market, by Application
10.3.5.1.3 Germany: Data Classification Market, by Vertical
10.3.5.2 France: Data Classification Market – Revenue and Forecast to 2027 (US$ Million)
10.3.5.2.1 France: Data Classification Market, by Component
10.3.5.2.2 France: Data Classification Market, by Application
10.3.5.2.3 France: Data Classification Market, by Vertical
10.3.5.3 Italy: Data Classification Market – Revenue and Forecast to 2027 (US$ Million)
10.3.5.3.1 Italy: Data Classification Market, by Component
10.3.5.3.2 Italy: Data Classification Market, by Application
10.3.5.3.3 Italy: Data Classification Market, by Vertical
10.3.5.4 UK: Data Classification Market – Revenue and Forecast to 2027 (US$ Million)
10.3.5.4.1 UK: Data Classification Market, by Component
10.3.5.4.2 UK Data Classification Market, by Application
10.3.5.4.3 UK: Data Classification Market, by Vertical
10.3.5.5 Russia: Data Classification Market – Revenue and Forecast to 2027 (US$ Million)
10.3.5.5.1 Russia: Data Classification Market, by Component
10.3.5.5.2 Russia Data Classification Market, by Application
10.3.5.5.3 Russia: Data Classification Market, by Vertical
10.3.5.6 Rest of Europe: Data Classification Market – Revenue and Forecast to 2027 (US$ Million)
10.3.5.6.1 Rest of Europe: Data Classification Market, by Component
10.3.5.6.2 Rest of Europe Data Classification Market, by Application
10.3.5.6.3 Rest of Europe: Data Classification Market, by Vertical
10.4 APAC: Data Classification Market
10.4.1 APAC: Data Classification Market – Revenue and Forecast to 2027 (US$ Million)
10.4.2 APAC: Data Classification Market, By Component
10.4.3 APAC: Data Classification Market, By Application
10.4.4 APAC: Data Classification Market, By Vertical
10.4.5 APAC: Data Classification Market, By Country
10.4.5.1 Australia: Data Classification Market – Revenue and Forecast to 2027 (US$ Million)
10.4.5.1.1 Australia: Data Classification Market, by Component
10.4.5.1.2 Australia: Data Classification Market, by Application
10.4.5.1.3 Australia: Data Classification Market, by Vertical
10.4.5.2 China: Data Classification Market – Revenue and Forecast to 2027 (US$ Million)
10.4.5.2.1 China: Data Classification Market, by Component
10.4.5.2.2 China: Data Classification Market, by Application
10.4.5.2.3 China: Data Classification Market, by Vertical
10.4.5.3 India: Data Classification Market – Revenue and Forecast to 2027 (US$ Million)
10.4.5.3.1 India: Data Classification Market, by Component
10.4.5.3.2 India: Data Classification Market, by Application
10.4.5.3.3 India: Data Classification Market, by Vertical
10.4.5.4 Japan: Data Classification Market – Revenue and Forecast to 2027 (US$ Million)
10.4.5.4.1 Japan: Data Classification Market, by Component
10.4.5.4.2 Japan: Data Classification Market, by Application
10.4.5.4.3 Japan: Data Classification Market, by Vertical
10.4.5.5 South Korea: Data Classification Market – Revenue and Forecast to 2027 (US$ Million)
10.4.5.5.1 South Korea: Data Classification Market, by Component
10.4.5.5.2 South Korea: Data Classification Market, by Application
10.4.5.5.3 South Korea: Data Classification Market, by Vertical
10.4.5.6 Rest of APAC: Data Classification Market – Revenue and Forecast to 2027 (US$ Million)
10.4.5.6.1 Rest of APAC: Data Classification Market, by Component
10.4.5.6.2 Rest of APAC: Data Classification Market, by Application
10.4.5.6.3 Rest of APAC: Data Classification Market, by Vertical
10.5 MEA: Data Classification Market
10.5.1 MEA: Data Classification Market – Revenue and Forecast to 2027 (US$ Million)
10.5.2 MEA: Data Classification Market, by Component
10.5.3 MEA: Data Classification Market, by Application
10.5.4 MEA: Data Classification Market, by Vertical
10.5.5 MEA: Data Classification Market, by Key Country
10.5.5.1 South Africa: Data Classification Market – Revenue and Forecast to 2027 (US$ Million)
10.5.5.1.1 South Africa: Data Classification Market, by Component
10.5.5.1.2 South Africa: Data Classification Market, by Application
10.5.5.1.3 South Africa: Data Classification Market, by Vertical
10.5.5.2 Saudi Arabia: Data Classification Market – Revenue and Forecast to 2027 (US$ Million)
10.5.5.2.1 Saudi Arabia: Data Classification Market, by Component
10.5.5.2.2 Saudi Arabia: Data Classification Market, by Application
10.5.5.2.3 Saudi Arabia: Data Classification Market, by Vertical
10.5.5.3 UAE: Data Classification Market – Revenue and Forecast to 2027 (US$ Million)
10.5.5.3.1 UAE: Data Classification Market, by Component
10.5.5.3.2 UAE: Data Classification Market, by Application
10.5.5.3.3 UAE: Data Classification Market, by Vertical
10.5.5.4 Rest of MEA: Data Classification Market – Revenue and Forecast to 2027 (US$ Million)
10.5.5.4.1 Rest of MEA: Data Classification Market, by Component
10.5.5.4.2 Rest of MEA: Data Classification Market, by Application
10.5.5.4.3 Rest of MEA: Data Classification Market, by Vertical
10.6 SAM: Data Classification Market
10.6.1 SAM: Data Classification Market – Revenue and Forecast to 2027 (US$ Million)
10.6.2 SAM: Data Classification Market, by Component
10.6.3 SAM: Data Classification Market, by Application
10.6.4 SAM: Data Classification Market, by Vertical
10.6.5 SAM: Data Classification Market, by Key Country
10.6.5.1 Brazil: Data Classification Market – Revenue and Forecast to 2027 (US$ Million)
10.6.5.1.1 Brazil: Data Classification Market, by Component
10.6.5.1.2 Brazil: Data Classification Market, by Application
10.6.5.1.3 Brazil: Data Classification Market, by Vertical
10.6.5.2 Argentina: Data Classification Market – Revenue and Forecast to 2027 (US$ Million)
10.6.5.2.1 Argentina: Data Classification Market, by Component
10.6.5.2.2 Argentina: Data Classification Market, by Application
10.6.5.2.3 Argentina: Data Classification Market, by Vertical
10.6.5.3 Rest of SAM: Data Classification Market – Revenue and Forecast to 2027 (US$ Million)
10.6.5.3.1 Rest of SAM: Data Classification Market, by Component
10.6.5.3.2 Rest of SAM: Data Classification Market, by Application
10.6.5.3.3 Rest of SAM: Data Classification Market, by Vertical
11. Data Classification Market- COVID-19 Impact Analysis
11.1 Overview
11.2 North America
11.3 Europe
11.4 Asia-Pacific
11.5 Middle East and Africa
11.6 South America
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 New Product Development
12.4 Merger and Acquisition
13. Company Profiles
13.1 BOLDON JAMES
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 DATAGUISE
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Google LLC
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Informatica
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Microsoft Corporation
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Netwrix Corporation
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Open Text Corporation
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 PKWARE, Inc.
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Symantec Corporation
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
LIST OF TABLES
Table 1. Data Classification Market – Revenue and Forecast to 2027 (US$ Million)
Table 2. North America: Data Classification Market, by Component – Revenue and Forecast to 2027 (US$ Million)
Table 3. North America: Data Classification Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 4. North America: Data Classification Market, by Vertical – Revenue and Forecast to 2027 (US$ Million)
Table 5. US: Data Classification Market, by Component –Revenue and Forecast to 2027 (US$ Million)
Table 6. US: Data Classification Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 7. US: Data Classification Market, by Vertical –Revenue and Forecast to 2027 (US$ Million)
Table 8. Canada: Data Classification Market, by Component – Revenue and Forecast to 2027 (US$ Million)
Table 9. Canada: Data Classification Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 10. Canada: Data Classification Market, by Vertical – Revenue and Forecast to 2027 (US$ Million)
Table 11. Mexico: Data Classification Market, by Component – Revenue and Forecast to 2027 (US$ Million)
Table 12. Mexico: Data Classification Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 13. Mexico: Data Classification Market, by Vertical – Revenue and Forecast to 2027 (US$ Million)
Table 14. Europe Data Classification Market, By Components– Revenue and Forecast to 2027 (US$ Million)
Table 15. Europe Data Classification Market, By Application – Revenue and Forecast to 2027 (US$ Million)
Table 16. Europe Data Classification Market, By Vertical – Revenue and Forecast to 2027 (US$ Million)
Table 17. Germany Data Classification Market, By Component – Revenue and Forecast to 2027 (US$ Million)
Table 18. Germany Data Classification Market, By Application – Revenue and Forecast to 2027 (US$ Million)
Table 19. Germany Data Classification Market, By Vertical – Revenue and Forecast to 2027 (US$ Million)
Table 20. France Data Classification Market, By Component – Revenue and Forecast to 2027 (US$ Million)
Table 21. France Data Classification Market, By Application – Revenue and Forecast to 2027 (US$ Million)
Table 22. France Data Classification Market, By Vertical – Revenue and Forecast to 2027 (US$ Million)
Table 23. Italy Data Classification Market, By Component – Revenue and Forecast to 2027 (US$ Million)
Table 24. Italy Data Classification Market, By Application – Revenue and Forecast to 2027 (US$ Million)
Table 25. Italy Data Classification Market, By Vertical – Revenue and Forecast to 2027 (US$ Million)
Table 26. UK Data Classification Market, By Component – Revenue and Forecast to 2027 (US$ Million)
Table 27. UK Data Classification Market, By Application – Revenue and Forecast to 2027 (US$ Million)
Table 28. UK Data Classification Market, By Vertical – Revenue and Forecast to 2027 (US$ Million)
Table 29. Russia Data Classification Market, By Component – Revenue and Forecast to 2027 (US$ Million)
Table 30. Russia Data Classification Market, By Application – Revenue and Forecast to 2027 (US$ Million)
Table 31. Russia Data Classification Market, By Vertical – Revenue and Forecast to 2027 (US$ Million)
Table 32. Rest of Europe Data Classification Market, By Component – Revenue and Forecast to 2027 (US$ Million)
Table 33. Rest of Europe Data Classification Market, By Application – Revenue and Forecast to 2027 (US$ Million)
Table 34. Rest of Europe Market, By Vertical – Revenue and Forecast to 2027 (US$ Million)
Table 35. APAC: Data Classification Market, by Component – Revenue and Forecast to 2027 (US$ Million)
Table 36. APAC: Data Classification Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 37. APAC: Data Classification Market, by Vertical – Revenue and Forecast to 2027 (US$ Million)
Table 38. Australia: Data Classification Market, By Component – Revenue and Forecast to 2027 (US$ Million)
Table 39. Australia: Data Classification Market, By Application – Revenue and Forecast to 2027 (US$ Million)
Table 40. Australia: Data Classification Market, By Vertical – Revenue and Forecast to 2027 (US$ Million)
Table 41. China: Data Classification Market, By Components – Revenue and Forecast to 2027 (US$ Million)
Table 42. China: Data Classification Market, By Application – Revenue and Forecast to 2027 (US$ Million)
Table 43. China: Data Classification Market, By Vertical – Revenue and Forecast to 2027 (US$ Million)
Table 44. India: Data Classification Market, By Components – Revenue and Forecast to 2027 (US$ Million)
Table 45. India: Data Classification Market, By Application – Revenue and Forecast to 2027 (US$ Million)
Table 46. India: Data Classification Market, By Vertical – Revenue and Forecast to 2027 (US$ Million)
Table 47. Japan: Data Classification Market, By Components – Revenue and Forecast to 2027 (US$ Million)
Table 48. Japan: Data Classification Market, By Application – Revenue and Forecast to 2027 (US$ Million)
Table 49. Japan: Data Classification Market, By Vertical – Revenue and Forecast to 2027 (US$ Million)
Table 50. South Korea: Data Classification Market, By Component – Revenue and Forecast to 2027 (US$ Million)
Table 51. South Korea: Data Classification Market, By Application – Revenue and Forecast to 2027 (US$ Million)
Table 52. South Korea: Data Classification Market, By Vertical – Revenue and Forecast to 2027 (US$ Million)
Table 53. Rest of APAC: Data Classification Market, By Component – Revenue and Forecast to 2027 (US$ Million)
Table 54. Rest of APAC: Data Classification Market, By Application – Revenue and Forecast to 2027 (US$ Million)
Table 55. Rest of APAC: Data Classification Market, By Vertical – Revenue and Forecast to 2027 (US$ Million)
Table 56. MEA: Data Classification Market, by Component – Revenue and Forecast to 2027 (US$ Million)
Table 57. MEA: Data Classification Market, by Application– Revenue and Forecast to 2027 (US$ Million)
Table 58. MEA: Data Classification Market, by Vertical– Revenue and Forecast to 2027 (US$ Million)
Table 59. South Africa: Data Classification Market, by Component – Revenue and Forecast to 2027 (US$ Million)
Table 60. South Africa: Data Classification Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 61. South Africa: Data Classification Market, by Vertical – Revenue and Forecast to 2027 (US$ Million)
Table 62. Saudi Arabia: Data Classification Market, by Component – Revenue and Forecast to 2027 (US$ Million)
Table 63. Saudi Arabia: Data Classification Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 64. Saudi Arabia: Data Classification Market, by Vertical – Revenue and Forecast to 2027 (US$ Million)
Table 65. UAE: Data Classification Market, by Component – Revenue and Forecast to 2027 (US$ Million)
Table 66. UAE: Data Classification Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 67. UAE: Data Classification Market, by Vertical – Revenue and Forecast to 2027 (US$ Million)
Table 68. Rest of MEA: Data Classification Market, by Component – Revenue and Forecast to 2027 (US$ Million)
Table 69. Rest of MEA: Data Classification Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 70. Rest of MEA: Data Classification Market, by Vertical – Revenue and Forecast to 2027 (US$ Million)
Table 71. SAM: Data Classification Market, by Component – Revenue and Forecast to 2027 (US$ Million)
Table 72. SAM: Data Classification Market, by Application– Revenue and Forecast to 2027 (US$ Million)
Table 73. SAM: Data Classification Market, by Vertical– Revenue and Forecast to 2027 (US$ Million)
Table 74. Brazil: Data Classification Market, by Component – Revenue and Forecast to 2027 (US$ Million)
Table 75. Brazil: Data Classification Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 76. Brazil: Data Classification Market, by Vertical – Revenue and Forecast to 2027 (US$ Million)
Table 77. Argentina: Data Classification Market, by Component – Revenue and Forecast to 2027 (US$ Million)
Table 78. Argentina: Data Classification Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 79. Argentina: Data Classification Market, by Vertical – Revenue and Forecast to 2027 (US$ Million)
Table 80. Rest of SAM: Data Classification Market, by Component – Revenue and Forecast to 2027 (US$ Million)
Table 81. Rest of SAM: Data Classification Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 82. Rest of SAM: Data Classification Market, by Vertical – Revenue and Forecast to 2027 (US$ Million)
Table 83. List of Abbreviation
LIST OF FIGURES
Figure 1. Data Classification Market Segmentation
Figure 2. Data Classification Market Segmentation – By Geography
Figure 3. Global Data Classification Market Overview
Figure 4. Solution Segment Held the Largest Share During Forecast Period
Figure 5. BFSI Segment Dominated the Market
Figure 6. GRC Segment Held the Largest Market Share
Figure 7. North America to Show Great Traction During Forecast Period
Figure 8. Global Data Classification Market, Industry Landscape
Figure 9. Global Data Classification Market, Geography Analysis
Figure 10. North America – PEST Analysis
Figure 11. Europe – PEST Analysis
Figure 12. Asia-Pacific – PEST Analysis
Figure 13. Middle East & Africa – PEST Analysis
Figure 14. South America – PEST Analysis
Figure 15. Ecosystem Analysis
Figure 16. Expert Opinion
Figure 17. Data Classification Market Impact Analysis of Drivers and Restraints
Figure 18. Geographic Overview of Data Classification Market
Figure 19. Data Classification Market – Revenue and Forecast to 2027 (US$ Billion)
Figure 20. Data Classification Market Breakdown, by Component (2019 and 2027)
Figure 21. Solution Market Revenue and Forecast to 2027(US$ Million)
Figure 22. Services Market Revenue and Forecast to 2027(US$ Million)
Figure 23. Global Data Classification Market Breakdown, By Application, 2019 & 2027 (%)
Figure 24. Global Governance, Risk and Compliance Market Revenue and Forecast to 2027(US$ Mn)
Figure 25. Global Web, Mobile and Email Protection Market Revenue and Forecast to 2027 (US$ Mn)
Figure 26. Global Others Market Revenue and Forecast to 2027 (US$ Mn)
Figure 27. Global Data Classification Market Breakdown, By Vertical, 2019 & 2027 (%)
Figure 28. Global BFSI Market Revenue and Forecast to 2027(US$ Mn)
Figure 29. Global IT and Telecom Market Revenue and Forecast to 2027(US$ Mn)
Figure 30. Global Media and Entertainment Market Revenue and Forecast to 2027(US$ Mn)
Figure 31. Global Retail Market Revenue and Forecast to 2027(US$ Mn)
Figure 32. Global Education Market Revenue and Forecast to 2027(US$ Mn)
Figure 33. Global Healthcare Market Revenue and Forecast to 2027(US$ Mn)
Figure 34. Global Others Market Revenue and Forecast to 2027(US$ Mn)
Figure 35. Data Classification Market Revenue Share, By Region (2019 and 2027)
Figure 36. North America: Data Classification Market – Revenue and Forecast to 2027 (US$ Million)
Figure 37. North America: Data Classification Market Revenue Share, by Component (2019 and 2027)
Figure 38. North America: Data Classification Market Revenue Share, by Application (2019 and 2027)
Figure 39. North America: Data Classification Market Revenue Share, by Vertical (2019 and 2027)
Figure 40. North America: Data Classification Market Revenue Share, by Key Country (2019 and 2027)
Figure 41. US: Data Classification Market – Revenue and Forecast to 2027 (US$ Million)
Figure 42. Canada: Data Classification Market – Revenue and Forecast to 2027 (US$ Million)
Figure 43. Mexico: Data Classification Market – Revenue and Forecast to 2027 (US$ Million)
Figure 44. Europe: Data Classification Market – Revenue and Forecast to 2027 (US$ Million)
Figure 45. Europe: Data Classification Market Revenue Share, By Component (2019 and 2027)
Figure 46. Europe: Data Classification Market Revenue Share, By Application (2019 and 2027)
Figure 47. Europe: Data Classification Market Revenue Share, By Vertical (2019 and 2027)
Figure 48. Europe: Data Classification Market Revenue Share, By Country (2019 and 2027)
Figure 49. Germany: Data Classification Market – Revenue and Forecast to 2027 (US$ Million)
Figure 50. France: Data Classification Market – Revenue and Forecast to 2027 (US$ Million)
Figure 51. Italy: Data Classification Market – Revenue and Forecast to 2027 (US$ Million)
Figure 52. UK: Data Classification Market – Revenue and Forecast to 2027 (US$ Million)
Figure 53. Russia: Data Classification Market – Revenue and Forecast to 2027 (US$ Million)
Figure 54. Rest of Europe: Data Classification Market – Revenue and Forecast to 2027 (US$ Million)
Figure 55. APAC: Data Classification Market – Revenue and Forecast to 2027 (US$ Million)
Figure 56. APAC: Data Classification Market Revenue Share, By Component (2019 and 2027)
Figure 57. APAC: Data Classification Market Revenue Share, By Application (2019 and 2027)
Figure 58. APAC: Data Classification Market Revenue Share, By Vertical (2019 and 2027)
Figure 59. APAC: Data Classification Market Revenue Share, By Country (2019 and 2027)
Figure 60. Australia: Data Classification Market – Revenue and Forecast to 2027 (US$ Million)
Figure 61. China: Data Classification Market – Revenue and Forecast to 2027 (US$ Million)
Figure 62. India: Data Classification Market – Revenue and Forecast to 2027 (US$ Million)
Figure 63. Japan: Data Classification Market – Revenue and Forecast to 2027 (US$ Million)
Figure 64. South Korea: Data Classification Market – Revenue and Forecast to 2027 (US$ Million)
Figure 65. Rest of APAC: Data Classification Market – Revenue and Forecast to 2027 (US$ Million)
Figure 66. MEA: Data Classification Market – Revenue and Forecast to 2027 (US$ Million)
Figure 67. MEA: Data Classification Market Revenue Share, by Component (2019 and 2027)
Figure 68. MEA: Data Classification Market Revenue Share, by Application (2019 and 2027)
Figure 69. MEA: Data Classification Market Revenue Share, by Vertical (2019 and 2027)
Figure 70. MEA: Data Classification Market Revenue Share, by Key Country (2019 and 2027)
Figure 71. South Africa: Data Classification Market – Revenue and Forecast to 2027 (US$ Million)
Figure 72. Saudi Arabia: Data Classification Market – Revenue and Forecast to 2027 (US$ Million)
Figure 73. UAE: Data Classification Market – Revenue and Forecast to 2027 (US$ Million)
Figure 74. Rest of MEA: Data Classification Market – Revenue and Forecast to 2027 (US$ Million)
Figure 75. SAM: Data Classification Market – Revenue and Forecast to 2027 (US$ Million)
Figure 76. SAM: Data Classification Market Revenue Share, by Component (2019 and 2027)
Figure 77. SAM: Data Classification Market Revenue Share, by Application (2019 and 2027)
Figure 78. SAM: Data Classification Market Revenue Share, by Vertical (2019 and 2027)
Figure 79. SAM: Data Classification Market Revenue Share, by Key Country (2019 and 2027)
Figure 80. Brazil: Data Classification Market – Revenue and Forecast to 2027 (US$ Million)
Figure 81. Argentina: Data Classification Market – Revenue and Forecast to 2027 (US$ Million)
Figure 82. Rest of SAM: Data Classification Market – Revenue and Forecast to 2027 (US$ Million)
Figure 83. Impact of COVID-19 Pandemic in North American Country Markets
Figure 84. Impact of COVID-19 Pandemic in Europe Country Markets
Figure 85. Impact of COVID-19 Pandemic in Asia Pacific Country Markets
Figure 86. Impact of COVID-19 Pandemic in Middle East and Africa Country Markets
Figure 87. Impact of COVID-19 Pandemic in South America Country Markets
The List of Companies - Global Data Classification Market
- BOLDON JAMES
- DATAGUISE
- Google LLC
- Informatica
- Microsoft
- Netwrix Corporation
- Open Text Corporation
- PKWARE, Inc.
- Symantec Corporation
- Titus
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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