Data Classification Market Size, Share & Trends Analysis Report By Component (Solution, Services), By Classification, By Application, By Vertical, By Region, And Segment Forecasts, 2024

Description

Data Classification Market Growth & Trends:

The global data classification market size is anticipated to reach USD 11.30 billion by 2030, according to a new report by Grand View Research, Inc. The market is projected to grow at a CAGR of 35.1% from 2024 to 2030. Increasing stringency on regulatory compliance, generation of large data volume, and the introduction of big data and machine learning technology are some of the major growth drivers for the market. Moreover, the data-driven decision-making for sales, rising product launch, and increasing number of enterprises are some of the factors providing impetus to the growth.

Data classification offered as a standalone and integrated solution is changing the way the information is generated, stored, and processed. The homogeneously tagged information with industry defined classification is vital in generating actionable insights. Hence, enterprises are inclined to opt for integrated data security platform for data classification as well as protection. Moreover, repercussion of non-compliance can lead to huge financial and reputational losses. Hence, the adoption of data classification solution is vital to address the data security concerns of the organizations as it classifies the information based on the nature of content.

Data classification solution is anticipated to witness high adoption across major developed countries such as U.S., Canada, Germany, and Japan. The developed countries emphasize on adopting emerging technologies and automation solution to reduce error and to improve production. Vendors in the data classification market offer product upgrades and adopting expansion strategies to strengthen their foothold in the market. This is anticipated to intensity the competition among existing and emerging market players in near future.

Data Classification Market Report Highlights:

The solutions segment held the largest market revenue share of 68.5% in 2023. Organizations increasingly recognize the importance of efficiently managing and securing their data amid rising cyber threats and stringent data protection regulations.
The content-based classification segment is expected to grow at the fastest CAGR over the forecast period.
Web, mobile & email protection segment is anticipated to register the fastest CAGR over the forecast period. The increasing frequency and sophistication of cyber threats drive the segment growth.
North America data classification market held the largest market revenue share of 32.8% in 2023. The surge in cyber threats and data breaches has heightened the need for robust data security strategies.

Product Code: GVR-3-68038-996-8

Chapter 1. Methodology and Scope

1.1. Market Segmentation and Scope
1.2. Market Definitions
1.3. Research Methodology
- 1.3.1. Information Procurement
- 1.3.2. Information or Data Analysis
- 1.3.3. Market Formulation & Data Visualization
- 1.3.4. Data Validation & Publishing
1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources

Chapter 2. Executive Summary

2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Insights

Chapter 3. Data Classification Market Variables, Trends, & Scope

3.1. Market Introduction/Lineage Outlook
3.2. Market Size and Growth Prospects (USD Million)
3.3. Market Dynamics
- 3.3.1. Market Drivers Analysis
- 3.3.2. Market Restraints Analysis
- 3.3.3. Industry Opportunities
- 3.3.4. Industry Challenges
3.4. Data Classification Market Analysis Tools
- 3.4.1. Porter's Analysis
  - 3.4.1.1. Bargaining power of the suppliers
  - 3.4.1.2. Bargaining power of the buyers
  - 3.4.1.3. Threats of substitution
  - 3.4.1.4. Threats from new entrants
  - 3.4.1.5. Competitive rivalry
- 3.4.2. PESTEL Analysis
  - 3.4.2.1. Political landscape
  - 3.4.2.2. Economic and Social landscape
  - 3.4.2.3. Technological landscape
  - 3.4.2.4. Environmental landscape
  - 3.4.2.5. Legal landscape

Chapter 4. Data Classification Market: Component Estimates & Trend Analysis

4.1. Segment Dashboard
4.2. Data Classification Market: Component Movement Analysis, 2023 & 2030 (USD Million)
4.3. Solutions
- 4.3.1. Solutions Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.4. Services
- 4.4.1. Services Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)

Chapter 5. Data Classification Market: Classification Estimates & Trend Analysis

5.1. Segment Dashboard
5.2. Data Classification Market: Classification Movement Analysis, 2023 & 2030 (USD Million)
5.3. Content-Based
- 5.3.1. Content-Based Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
5.4. Context-Based
- 5.4.1. Context-Based Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
5.5. User-Based
- 5.5.1. User-Based Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)

Chapter 6. Data Classification Market: Application Estimates & Trend Analysis

6.1. Segment Dashboard
6.2. Data Classification Market: Application Analysis, 2023 & 2030 (USD Million)
6.3. GRC
- 6.3.1. GRC Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
6.4. Access Control
- 6.4.1. Access Control Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
6.5. Web, Mobile & Email Protection
- 6.5.1. Web, Mobile & Email Protection Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
6.6. Centralized Management
- 6.6.1. Centralized Management Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6.2. Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)

Chapter 7. Data Classification Market: Vertical Estimates & Trend Analysis

7.1. Segment Dashboard
7.2. Data Classification Market: End Use Movement Analysis, 2023 & 2030 (USD Million)
7.3. BFSI
- 7.3.1. BFSI Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
7.4. Defense and Government
- 7.4.1. Defense and Government Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
7.5. Healthcare and Life Sciences
- 7.5.1. Healthcare and Life Sciences Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
7.6. Telecom
- 7.6.1. Telecom Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
7.7. Education
- 7.7.1. Education Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
7.8. Media and Entertainment
- 7.8.1. Media and Entertainment Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
7.9. Others
- 7.9.1. Other Vertical Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)

Chapter 8. Data Classification Market: Regional Estimates & Trend Analysis

8.1. Data Classification Market Share, By Region, 2023 & 2030 (USD Million)
8.2. North America
- 8.2.1. North America Data Classification Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.2.2. U.S.
  - 8.2.2.1. U.S. Data Classification Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.2.3. Canada
  - 8.2.3.1. Canada Data Classification Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.2.4. Mexico
  - 8.2.4.1. Mexico Data Classification Market Estimates and Forecasts, 2018 - 2030 (USD Million)
8.3. Europe
- 8.3.1. Europe Data Classification Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.3.2. U.K.
  - 8.3.2.1. U.K. Data Classification Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.3.3. Germany
  - 8.3.3.1. Germany Data Classification Market Estimates and Forecasts, 2018 - 2030 (USD Million)
8.4. Asia Pacific
- 8.4.1. Asia Pacific Data Classification Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.4.2. China
  - 8.4.2.1. China Data Classification Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.4.3. Japan
  - 8.4.3.1. Japan Data Classification Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.4.4. India
  - 8.4.4.1. India Data Classification Market Estimates and Forecasts, 2018 - 2030 (USD Million)
8.5. Latin America
- 8.5.1. Latin America Data Classification Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.5.2. Brazil
  - 8.5.2.1. Brazil Data Classification Market Estimates and Forecasts, 2018 - 2030 (USD Million)
8.6. Middle East and Africa
- 8.6.1. Middle East and Africa Data Classification Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.6.2. UAE
  - 8.6.2.1. UAE Data Classification Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.6.3. Saudi Arabia
  - 8.6.3.1. Saudi Arabia Data Classification Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.6.4. South Africa
  - 8.6.4.1. South Africa Data Classification Market Estimates and Forecasts, 2018 - 2030 (USD Million)

Chapter 9. Competitive Landscape

9.1. Recent Developments & Impact Analysis by Key Market Participants
9.2. Company Categorization
9.3. Company Heat Map Analysis
9.4. Company Profiles
- 9.4.1. Amazon Web Services, Inc
  - 9.4.1.1. Participant's Overview
  - 9.4.1.2. Financial Performance
  - 9.4.1.3. Product Benchmarking
  - 9.4.1.4. Recent Developments/ Strategic Initiatives
- 9.4.2. Fortra, LLC (Boldon James)
  - 9.4.2.1. Participant's Overview
  - 9.4.2.2. Financial Performance
  - 9.4.2.3. Product Benchmarking
  - 9.4.2.4. Recent Developments/ Strategic Initiatives
- 9.4.3. Crunchbase Inc.
  - 9.4.3.1. Participant's Overview
  - 9.4.3.2. Financial Performance
  - 9.4.3.3. Product Benchmarking
  - 9.4.3.4. Recent Developments/ Strategic Initiatives
- 9.4.4. IBM
  - 9.4.4.1. Participant's Overview
  - 9.4.4.2. Financial Performance
  - 9.4.4.3. Product Benchmarking
  - 9.4.4.4. Recent Developments/ Strategic Initiatives
- 9.4.5. Alphabet Inc.
  - 9.4.5.1. Participant's Overview
  - 9.4.5.2. Financial Performance
  - 9.4.5.3. Product Benchmarking
  - 9.4.5.4. Recent Developments/ Strategic Initiatives
- 9.4.6. Innovative Routines International (IRI), Inc
  - 9.4.6.1. Participant's Overview
  - 9.4.6.2. Financial Performance
  - 9.4.6.3. Product Benchmarking
  - 9.4.6.4. Recent Developments/ Strategic Initiatives
- 9.4.7. Microsoft
  - 9.4.7.1. Participant's Overview
  - 9.4.7.2. Financial Performance
  - 9.4.7.3. Product Benchmarking
  - 9.4.7.4. Recent Developments/ Strategic Initiatives
- 9.4.8. Broadcom (Symantec Corporation)
  - 9.4.8.1. Participant's Overview
  - 9.4.8.2. Financial Performance
  - 9.4.8.3. Product Benchmarking
  - 9.4.8.4. Recent Developments/ Strategic Initiatives
- 9.4.9. Varonis
  - 9.4.9.1. Participant's Overview
  - 9.4.9.2. Financial Performance
  - 9.4.9.3. Product Benchmarking
  - 9.4.9.4. Recent Developments/ Strategic Initiatives

Data Classification Market Size, Share & Trends Analysis Report By Component (Solution, Services), By Classification, By Application, By Vertical, By Region, And Segment Forecasts, 2024 - 2030