Global Data Classification Market-In-Depth Analysis, Top Companies Analysis and Strong Application Scope by 2026
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, an estimated value of USD 3364.79 million by 2026, registering a CAGR of 25.66% in the forecast period of 2019-2026. Data Classification can be defined as process of categorising or managing the data into various forms & types. According to the need of business or personal objective the data is being classified or sorted in this process.
Data classification is broadly defined as the process of organizing data by relevant categories so that it may be used and protected more efficiently. On a basic level, the classification process makes data easier to locate and retrieve. Data classification is of particular importance when it comes to risk management, compliance, and data security. Data classification involves tagging data to make it easily searchable and trackable. It also eliminates multiple duplications of data, which can reduce storage and backup costs while speeding up the search process. Though the classification process may sound highly technical, it is a topic that should be understood by your organization’s leadership.
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Market Segmentation: Global Data Classification Market
- By Component (Solutions, Services),
- By Methodology (Content-Based Classification, Context-Based Classification, User-Based Classification),
- By Application (Access Control, Governance, Risk and Compliance, Web, Mobile and Email Protection, Centralized Management),
- By Vertical (Banking, Financial Services, and Insurance, Healthcare and Life Sciences, Government and Defence, Education, Telecom , Media and Entertainment, Others),
- By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)
Top Market Competitors:
- IBM Corporation
- Amazon Web Services, Inc.
- BOLDON JAMES
- Covata Limited
- Digital Guardian
- GTB Technologies, Inc.
- Innovative Routines International (IRI), Inc.
- Janusnet Pty Limited
- Netwrix Corporation
- OpenText Corp.
- PKWARE, Inc.
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- 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
Data Classification is the most relevant, unique, fair and creditable global market research report which is provided to the valuable customers and clients depending upon their specific business needs. Data Classification market report helps uncover the general market conditions and tendencies. Along with competitive analysis of the key players, Data Classification report also serves with complete and distinct analysis of the market drivers and restraints, detailed analysis of the market segmentation, key developments in the market and details of research methodology. Excellent practice models and method of research applied for Data Classification report unearths the best opportunities to succeed in the market.
Table of Contents
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview and Industry Trends
6 Product Data Classification market, By Type
7 Product Data Classification market, By Organization Size
8 Product Data Classification market Analysis, By Region
9 Competitive Landscape
10 Company Profiles.