What is the current Data Classification Market size?

The Data Classification Market is projected to register a CAGR of 24% during the forecast period (2024-2029) Read More

Who are the key players in Data Classification Market?

Amazon Web Services, Inc., Boldon James Ltd (QinetiQ), IBM Corporation, Microsoft Corporation and Broadcom Inc. (Symantec Corporation) are the major companies operating in the Data Classification Market. Read More

Which is the fastest growing region in Data Classification Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Data Classification Market?

In 2024, the North America accounts for the largest market share in Data Classification Market. Read More

What years does this Data Classification Market cover?

The report covers the Data Classification Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Data Classification Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Data Classification Market Size & Share Analysis - Industry Research Report

Data Classification Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Data Classification Market is Segmented by Solution (Software, Services), Deployment (On-Premise, Cloud), Application (Access Management, Governance & Compliance Management, Email & Mobile Protection), Industry Vertical (BFSI, Healthcare, Government & Defence, IT & Telecom, Energy & Utilities, Education), and Geography.

Data Classification Industry Overview

As a niche software solution, the market for data classification is highly fragmented with the presence of many small vendors such asBoldon James Ltd (QinetiQ), Covata Limited, Digital Guardian, HANDD Business Solutions, SECLORE, and many others. However, big tech firms including Amazon Web Services, Inc., IBM Corporation, Microsoft Corporation, Symantec Corporation, and Open Text Corporation are trying to offer data classification service as a bundled offering with their legacy cloud and on-premise database solutions. The market is also experiencing many market development strategies in recent years.

May 2019 -Seclore introduced advanced email encryption solution compatible with Microsoft Office and 365, to augment security, data classification and data loss protection features for users. This innovative product is expected to enhance Seclore market competitiveness in the data classification domain.
October 2018 -PKWARE, Inc., launched the Smartcrypt Classification solution to enhance its product offering in data classification and security industry.