Global Data Masking Market Projected to Reach USD 834.5 Billion by 2024Global data masking market is driven by the rising incidences of the cyber threat to the enormous data of organizations and the government, and the where the breach of data can lead to devastating results. According to Goldstein Research global data masking market analysis, the market size is expected to reach USD 834.5 billion by 2024, growing at a compounded annual growth rate of 9.1% during the forecast period 2016-2024.
Global data masking market segmentation has been carried out on the basis of data masking type, deployment type, components, organization type, end users, and geography. Based on organization type, large sized enterprises segment much more prone to data theft, and thus accounts for the largest market share of 70% in 2016.
Further, Global data masking industry is estimated to be dominated by North America, whereas Asia Pacific data masking market is witnessed to be fastest growing at a CAGR of more than 12% during the forecast period. Moreover, Asia Pacific cyber security market was valued at USD 15.92 billion in 2016 and on the back of increasing investments on cyber-security, the data masking market is anticipated to propel in the region over the forecast period.
Market Segmentation
On the basis of our in-depth analysis, Global Data Masking Market can be segmented as follows:
By Data Masking Type
- Static
- Dynamic
By Deployment Type
- On-Premises
- Cloud
By Components
- Software
- Services
- Professional Services
- Managed Services
By Organization Type
- Small and Medium-Sized Enterprises (SMEs)
- Large Enterprises
By End Users
- BFSI Sector
- IT and ITEs
- Healthcare Sector
- Media and Entertainment
- Manufacturing Sector
- Retail and E-commerce Industry
By Region
- North America (US, Canada) {Market Share (%), Market Size (USD Billion, Adoption Rate (%)}
- Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
- Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
- Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
- Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
- Rest of the World {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
“Data Masking Market Outlook 2024” contains the detailed overview of the global data masking market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by data masking type, deployment type, components, organization type and end users.
Further, for the in-depth analysis, Global Data Masking Market Report encompasses the market growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as IBM Corporation, Informatica, CA Technologies Inc, Solix Technologies Inc., Innovative Routines International Inc., Oracle Corporation, Deplhix, MENTIS, Micro Focus, Compuware Corporation, Ekobit d.o.o. and ARCAD Software, etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.
Overall, the report represents the global data masking market trends along with the market forecast that will help market consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market-centric strategies according to the ongoing and expected trends in the future.
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