Global Data Masking Market : Industry Analysis and Forecast (2019-2027)
Global Data Masking Market is expected to reach US$ XX Mn by 2027 from US$ 491.27 Mn in 2019 at a CAGR of XX %. Data masking is the process of creating a structurally similar version of the organization’s data that is not authentic for the purpose of training and testing. Data masking technology market is mainly driven by the need for data security and privacy concerns. Factors such as evolving business standards, changing regulations and the explosion of business data are responsible for the growth of the data masking market. Data masking technology market is also driven by the generation of a large amount of data which is to be analyzed and tested without disturbing the normal business operations. Recently in data masking technology market, there is significant growth in dynamic masking which is used to operate on masked data in real-time.
The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.
Data Masking Market on the basis of data masking type, dynamic data masking solution is projected to grow at a higher rate during the forecast period as compared to other segments. This can be attributed due to a rise in data volume and increase in the need for sensitive data protection. Among the organization type, the large enterprise is projected to have the largest market during the forecast period. eCommerce section is projected to have the largest market share with growing feasibility and faster transactions further propelling the growth of this segment as well as of the whole market.
In terms of geography, North America had the largest market share in 2016 and is projected to grow at a high CAGR during the forecast period as well. The Asia Pacific formed one of the fastest growing markets with China and India forming some of the major countries contributing to the growth.
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Global Data Masking Market, By Type:
Global Data Masking Market, By Component:
Global Data Masking Market, By Business Function:
• Marketing and sales
• Human Resource
Global Data Masking Market, By Deployment Type:
Global Data Masking Market, By Organization Size:
• Small and Medium-sized Enterprises
• Large enterprises
Global Data Masking Market, By Industry Vertical:
• Healthcare and life sciences
• Retail and eCommerce
• Telecommunications and IT
• Government and defense
• Media and entertainment
Global Data Masking Market, By Geography:
• North America
• Asia Pacific
• Middle East & Africa
• Latin America
Some of the major players operating in the Global Data Masking market are as follows:
• IBM Corporation
• Solix Technologies Inc.
• Oracle Corporation
• CA Technologies Inc.
• Micro Focus
• Ekobit d.o.o.
• Innovative Routines International Inc.
• Compuware Corporation
• ARCAD Software
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