North America Data Classification Market Size, Share & Trends Analysis Report By Component, By Application, By Classification, By Vertical, By Country and Growth Forecast, 2024

List of Tables

The North America Data Classification Market would witness market growth of 33.6% CAGR during the forecast period (2024-2031).

The US market dominated the North America Data Classification Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $2,819 million by 2031. The Canada market is experiencing a CAGR of 36.3% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 35.3% during (2024 - 2031).

This is a vital process that enables organizations to manage, secure, and utilize their data effectively. Classification enables organizations to optimize storage by separating data into categories such as active, archived, or obsolete. This helps manage storage costs and ensure that critical data is readily accessible while less important data is archived. This supports effective data lifecycle management by applying appropriate retention and disposal policies based on the data's classification level.

Classification quickly identifies affected data categories in a data breach. This facilitates a faster response and helps implement appropriate containment and mitigation strategies. By categorizing data based on its importance and sensitivity, organizations can prioritize their incident response efforts to address breaches involving the most critical data first. Classification enables faster and more efficient retrieval by organizing data into well-defined categories. This is particularly useful in environments where quick access to specific data sets is crucial, such as legal discovery or research. Classification improves search capabilities within large datasets, making it easier to locate and retrieve data based on its classification and associated metadata.

Mexico's telecom sector must comply with data protection regulations, such as the Federal Law on the Protection of Personal Data Held by Private Parties. These solutions in Mexico ensure compliance by organizing and securing sensitive customer information. The growing cyber threats in Mexico's telecom sector necessitate robust classification to safeguard data and enhance security measures. As the healthcare sector budget in Canada rises, there is greater investment in advanced health data management systems. This includes upgrading these tools to better manage, secure, and utilize patient data, leading to a growth in demand for sophisticated classification solutions. The Government of Canada has announced an investment of $196.1 billion over a ten-year period, which includes $46.2 billion in new funding for territories and provinces to improve healthcare services. Thus, rising telecom industry and increasing healthcare sector investments in North America will lead to increased demand for data classification solutions in the region.

Based on Component, the market is segmented into Solution, and Services. Based on Application, the market is segmented into GRC, Centralized Management, Web, Mobile & Email Protection, and Access Control. Based on Classification, the market is segmented into User-Based Classification, Content-Based Classification, and Context-Based Classification. Based on Vertical, the market is segmented into BFSI, Defense & Government, Healthcare & Life Sciences, Telecom, Education, Media & Entertainment, and Other Vertical. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled

IBM Corporation
Amazon Web Services, Inc. (Amazon.com, Inc.)
Google LLC (Alphabet Inc.)
Microsoft Corporation
Fortra, LLC (HGGC)
Open Text Corporation
Forcepoint LLC (Francisco Partners)
Netwrix Corporation
Spirion, LLC
Varonis Systems, Inc.

North America Data Classification Market Report Segmentation

By Component

Solution
Services

By Application

GRC
Centralized Management
Web, Mobile & Email Protection
Access Control

By Classification

User-Based Classification
Content-Based Classification
Context-Based Classification

By Vertical

BFSI
Defense & Government
Healthcare & Life Sciences
Telecom
Education
Media & Entertainment
Other Vertical

By Country

US
Canada
Mexico
Rest of North America

Chapter 1. Market Scope & Methodology

1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
- 1.4.1 North America Data Classification Market, by Component
- 1.4.2 North America Data Classification Market, by Application
- 1.4.3 North America Data Classification Market, by Classification
- 1.4.4 North America Data Classification Market, by Vertical
- 1.4.5 North America Data Classification Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance

2.1 Key Highlights

Chapter 3. Market Overview

3.1 Introduction
- 3.1.1 Overview
  - 3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges

Chapter 4. Competition Analysis - Global

4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
- 4.2.1 Partnerships, Collaborations and Agreements
- 4.2.2 Product Launches and Product Expansions
- 4.2.3 Acquisition and Mergers
4.3 Market Share Analysis, 2023
4.4 Top Winning Strategies
- 4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
4.5 Porter Five Forces Analysis

Chapter 5. North America Data Classification Market by Component

5.1 North America Solution Market by Region
5.2 North America Services Market by Region

Chapter 6. North America Data Classification Market by Application

6.1 North America GRC Market by Country
6.2 North America Centralized Management Market by Country
6.3 North America Web, Mobile & Email Protection Market by Country
6.4 North America Access Control Market by Country

Chapter 7. North America Data Classification Market by Classification

7.1 North America User-Based Classification Market by Country
7.2 North America Content-Based Classification Market by Country
7.3 North America Context-Based Classification Market by Country

Chapter 8. North America Data Classification Market by Vertical

8.1 North America BFSI Market by Country
8.2 North America Defense & Government Market by Country
8.3 North America Healthcare & Life Sciences Market by Country
8.4 North America Telecom Market by Country
8.5 North America Education Market by Country
8.6 North America Media & Entertainment Market by Country
8.7 North America Other Vertical Market by Country

Chapter 9. North America Data Classification Market by Country

9.1 US Data Classification Market
- 9.1.1 US Data Classification Market by Component
- 9.1.2 US Data Classification Market by Application
- 9.1.3 US Data Classification Market by Classification
- 9.1.4 US Data Classification Market by Vertical
9.2 Canada Data Classification Market
- 9.2.1 Canada Data Classification Market by Component
- 9.2.2 Canada Data Classification Market by Application
- 9.2.3 Canada Data Classification Market by Classification
- 9.2.4 Canada Data Classification Market by Vertical
9.3 Mexico Data Classification Market
- 9.3.1 Mexico Data Classification Market by Component
- 9.3.2 Mexico Data Classification Market by Application
- 9.3.3 Mexico Data Classification Market by Classification
- 9.3.4 Mexico Data Classification Market by Vertical
9.4 Rest of North America Data Classification Market
- 9.4.1 Rest of North America Data Classification Market by Component
- 9.4.2 Rest of North America Data Classification Market by Application
- 9.4.3 Rest of North America Data Classification Market by Classification
- 9.4.4 Rest of North America Data Classification Market by Vertical

Chapter 10. Company Profiles

10.1 Amazon Web Services, Inc. (Amazon.com, Inc.)
- 10.1.1 Company Overview
- 10.1.2 Financial Analysis
- 10.1.3 Segmental Analysis
- 10.1.4 Recent strategies and developments:
  - 10.1.4.1 Partnerships, Collaborations, and Agreements:
- 10.1.5 SWOT Analysis
10.2 Google LLC (Alphabet Inc.)
- 10.2.1 Company Overview
- 10.2.2 Financial Analysis
- 10.2.3 Segmental and Regional Analysis
- 10.2.4 Research & Development Expense
- 10.2.5 Recent strategies and developments:
  - 10.2.5.1 Product Launches and Product Expansions:
- 10.2.6 SWOT Analysis
10.3 Microsoft Corporation
- 10.3.1 Company Overview
- 10.3.2 Financial Analysis
- 10.3.3 Segmental and Regional Analysis
- 10.3.4 Research & Development Expenses
- 10.3.5 Recent strategies and developments:
  - 10.3.5.1 Product Launches and Product Expansions:
- 10.3.6 SWOT Analysis
10.4 IBM Corporation
- 10.4.1 Company Overview
- 10.4.2 Financial Analysis
- 10.4.3 Regional & Segmental Analysis
- 10.4.4 Research & Development Expenses
- 10.4.5 Recent strategies and developments:
  - 10.4.5.1 Partnerships, Collaborations, and Agreements:
  - 10.4.5.2 Acquisition and Mergers:
- 10.4.6 SWOT Analysis
10.5 Fortra, LLC. (HGGC)
- 10.5.1 Company Overview
- 10.5.2 Recent strategies and developments:
  - 10.5.2.1 Acquisition and Mergers:
10.6 Open Text Corporation
- 10.6.1 Company Overview
- 10.6.2 Financial Analysis
- 10.6.3 Regional Analysis
- 10.6.4 Research & Development Expenses
- 10.6.5 SWOT Analysis
10.7 Forcepoint LLC (Francisco Partners)
- 10.7.1 Company Overview
- 10.7.2 Recent strategies and developments:
  - 10.7.2.1 Acquisition and Mergers:
- 10.7.3 SWOT Analysis
10.8 Netwrix Corporation
- 10.8.1 Company Overview
10.9 Spirion, LLC
- 10.9.1 Company Overview
- 10.9.2 Recent strategies and developments:
  - 10.9.2.1 Product Launches and Product Expansions:
10.10. Varonis Systems, Inc.
- 10.10.1 Company Overview

LIST OF TABLES

TABLE 1 North America Data Classification Market, 2020 - 2023, USD Million
TABLE 2 North America Data Classification Market, 2024 - 2031, USD Million
TABLE 3 Partnerships, Collaborations and Agreements- Data Classification Market
TABLE 4 Product Launches And Product Expansions- Data Classification Market
TABLE 5 Acquisition and Mergers- Data Classification Market
TABLE 6 North America Data Classification Market by Component, 2020 - 2023, USD Million
TABLE 7 North America Data Classification Market by Component, 2024 - 2031, USD Million
TABLE 8 North America Solution Market by Region, 2020 - 2023, USD Million
TABLE 9 North America Solution Market by Region, 2024 - 2031, USD Million
TABLE 10 North America Services Market by Region, 2020 - 2023, USD Million
TABLE 11 North America Services Market by Region, 2024 - 2031, USD Million
TABLE 12 North America Data Classification Market by Application, 2020 - 2023, USD Million
TABLE 13 North America Data Classification Market by Application, 2024 - 2031, USD Million
TABLE 14 North America GRC Market by Country, 2020 - 2023, USD Million
TABLE 15 North America GRC Market by Country, 2024 - 2031, USD Million
TABLE 16 North America Centralized Management Market by Country, 2020 - 2023, USD Million
TABLE 17 North America Centralized Management Market by Country, 2024 - 2031, USD Million
TABLE 18 North America Web, Mobile & Email Protection Market by Country, 2020 - 2023, USD Million
TABLE 19 North America Web, Mobile & Email Protection Market by Country, 2024 - 2031, USD Million
TABLE 20 North America Access Control Market by Country, 2020 - 2023, USD Million
TABLE 21 North America Access Control Market by Country, 2024 - 2031, USD Million
TABLE 22 North America Data Classification Market by Classification, 2020 - 2023, USD Million
TABLE 23 North America Data Classification Market by Classification, 2024 - 2031, USD Million
TABLE 24 North America User-Based Classification Market by Country, 2020 - 2023, USD Million
TABLE 25 North America User-Based Classification Market by Country, 2024 - 2031, USD Million
TABLE 26 North America Content-Based Classification Market by Country, 2020 - 2023, USD Million
TABLE 27 North America Content-Based Classification Market by Country, 2024 - 2031, USD Million
TABLE 28 North America Context-Based Classification Market by Country, 2020 - 2023, USD Million
TABLE 29 North America Context-Based Classification Market by Country, 2024 - 2031, USD Million
TABLE 30 North America Data Classification Market by Vertical, 2020 - 2023, USD Million
TABLE 31 North America Data Classification Market by Vertical, 2024 - 2031, USD Million
TABLE 32 North America BFSI Market by Country, 2020 - 2023, USD Million
TABLE 33 North America BFSI Market by Country, 2024 - 2031, USD Million
TABLE 34 North America Defense & Government Market by Country, 2020 - 2023, USD Million
TABLE 35 North America Defense & Government Market by Country, 2024 - 2031, USD Million
TABLE 36 North America Healthcare & Life Sciences Market by Country, 2020 - 2023, USD Million
TABLE 37 North America Healthcare & Life Sciences Market by Country, 2024 - 2031, USD Million
TABLE 38 North America Telecom Market by Country, 2020 - 2023, USD Million
TABLE 39 North America Telecom Market by Country, 2024 - 2031, USD Million
TABLE 40 North America Education Market by Country, 2020 - 2023, USD Million
TABLE 41 North America Education Market by Country, 2024 - 2031, USD Million
TABLE 42 North America Media & Entertainment Market by Country, 2020 - 2023, USD Million
TABLE 43 North America Media & Entertainment Market by Country, 2024 - 2031, USD Million
TABLE 44 North America Other Vertical Market by Country, 2020 - 2023, USD Million
TABLE 45 North America Other Vertical Market by Country, 2024 - 2031, USD Million
TABLE 46 North America Data Classification Market by Country, 2020 - 2023, USD Million
TABLE 47 North America Data Classification Market by Country, 2024 - 2031, USD Million
TABLE 48 US Data Classification Market, 2020 - 2023, USD Million
TABLE 49 US Data Classification Market, 2024 - 2031, USD Million
TABLE 50 US Data Classification Market by Component, 2020 - 2023, USD Million
TABLE 51 US Data Classification Market by Component, 2024 - 2031, USD Million
TABLE 52 US Data Classification Market by Application, 2020 - 2023, USD Million
TABLE 53 US Data Classification Market by Application, 2024 - 2031, USD Million
TABLE 54 US Data Classification Market by Classification, 2020 - 2023, USD Million
TABLE 55 US Data Classification Market by Classification, 2024 - 2031, USD Million
TABLE 56 US Data Classification Market by Vertical, 2020 - 2023, USD Million
TABLE 57 US Data Classification Market by Vertical, 2024 - 2031, USD Million
TABLE 58 Canada Data Classification Market, 2020 - 2023, USD Million
TABLE 59 Canada Data Classification Market, 2024 - 2031, USD Million
TABLE 60 Canada Data Classification Market by Component, 2020 - 2023, USD Million
TABLE 61 Canada Data Classification Market by Component, 2024 - 2031, USD Million
TABLE 62 Canada Data Classification Market by Application, 2020 - 2023, USD Million
TABLE 63 Canada Data Classification Market by Application, 2024 - 2031, USD Million
TABLE 64 Canada Data Classification Market by Classification, 2020 - 2023, USD Million
TABLE 65 Canada Data Classification Market by Classification, 2024 - 2031, USD Million
TABLE 66 Canada Data Classification Market by Vertical, 2020 - 2023, USD Million
TABLE 67 Canada Data Classification Market by Vertical, 2024 - 2031, USD Million
TABLE 68 Mexico Data Classification Market, 2020 - 2023, USD Million
TABLE 69 Mexico Data Classification Market, 2024 - 2031, USD Million
TABLE 70 Mexico Data Classification Market by Component, 2020 - 2023, USD Million
TABLE 71 Mexico Data Classification Market by Component, 2024 - 2031, USD Million
TABLE 72 Mexico Data Classification Market by Application, 2020 - 2023, USD Million
TABLE 73 Mexico Data Classification Market by Application, 2024 - 2031, USD Million
TABLE 74 Mexico Data Classification Market by Classification, 2020 - 2023, USD Million
TABLE 75 Mexico Data Classification Market by Classification, 2024 - 2031, USD Million
TABLE 76 Mexico Data Classification Market by Vertical, 2020 - 2023, USD Million
TABLE 77 Mexico Data Classification Market by Vertical, 2024 - 2031, USD Million
TABLE 78 Rest of North America Data Classification Market, 2020 - 2023, USD Million
TABLE 79 Rest of North America Data Classification Market, 2024 - 2031, USD Million
TABLE 80 Rest of North America Data Classification Market by Component, 2020 - 2023, USD Million
TABLE 81 Rest of North America Data Classification Market by Component, 2024 - 2031, USD Million
TABLE 82 Rest of North America Data Classification Market by Application, 2020 - 2023, USD Million
TABLE 83 Rest of North America Data Classification Market by Application, 2024 - 2031, USD Million
TABLE 84 Rest of North America Data Classification Market by Classification, 2020 - 2023, USD Million
TABLE 85 Rest of North America Data Classification Market by Classification, 2024 - 2031, USD Million
TABLE 86 Rest of North America Data Classification Market by Vertical, 2020 - 2023, USD Million
TABLE 87 Rest of North America Data Classification Market by Vertical, 2024 - 2031, USD Million
TABLE 88 Key Information - Amazon Web Services, Inc.
TABLE 89 Key Information - Google LLC
TABLE 90 Key Information - Microsoft Corporation
TABLE 91 Key Information - IBM Corporation
TABLE 92 Key Information - Fortra, LLC.
TABLE 93 Key Information - Open Text Corporation
TABLE 94 Key Information - Forcepoint LLC
TABLE 95 Key Information - Netwrix Corporation
TABLE 96 Key Information - Spirion, LLC
TABLE 97 Key Information - Varonis Systems, Inc.

North America Data Classification Market Size, Share & Trends Analysis Report By Component, By Application, By Classification, By Vertical, By Country and Growth Forecast, 2024 - 2031

Description

Table of Contents