The latest market intelligence study on the SENSITIVE DATA DISCOVERY market applies the best of both primary and secondary research techniques to bring to light the growth rate of the Sensitive Data Discovery Market for the forecast period, 2020 – 2028. Market revenue growth is driven by factors such as rising adoption of cloud-based sensitive data discovery solutions and rising awareness regarding data security in various sectors such as IT and telecommunication, BFSI, government, healthcare, and others. The report is formulated by taking into consideration the government policies, market landscape, technologies, market risks, opportunities, and challenges faced by the market. Data discovery is a process of searching and identifying sensitive data to save or securely remove any sort of compromising information.
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The global sensitive data discovery market size is expected to reach USD 15.75 Billion in 2028 and registers a robust revenue CAGR over the forecast period, according to latest analysis by Emergen Research. The latest report is updated with the impact analysis of the current COVID-19 pandemic on the market. The rapidly changing dynamics of the market and current and future growth potential of the market are covered in the report. The report offers crucial information about the initial and future assessment of the impact of the COVID-19 crisis on the overall market. Moreover, the report sheds light on the cutting-edge expansion strategies adopted by the market contenders, such as mergers acquisitions, joint ventures, partnerships collaborations, new product launches, and brand promotions.
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The global Sensitive Data Discovery business vertical has been extensively categorized on the basis of product type, application gamut, end-user industries, and a competitive overview. The report inspects the current market scenario, its past performance, demand and supply ratios, production and consumption rates, sales, and numerous growth opportunities available in the market. It further estimates the prospective growth of the leading regional segments of the market, which is beneficial for readers to gain impactful insights into the Sensitive Data Discovery business sector. A clear outline of the competitive landscape of the market is expected to help businesses involved in this sector decipher the optimal business moves to reach their desired business goals. Key players operating in the market are IBM, Microsoft, Oracle, AWS, Proofpoint, Inc.,
Some Key Findings from the Report:
- In January 2021, Netwrix merged with Stealthbits and the combined entity will offer data privacy and security solutions to organizations of any size and in any region around the world.
- Service segment is expected to register a 16.2% revenue CAGR throughout the forecast period. Managed services and professional services are sub-segments under the service segment. This steady revenue growth can be attributed to rising support and maintenance requirements in large organizations.
Scope of the Report:
The Sensitive Data Discovery Market is further segmented in terms of applications, end-user, end-use, geographic presence, by-products as well as services. In addition, the subject matter experts evaluating the industry provide an all-inclusive category-specific industry outlook. A comprehensive collection of data on major companies occupying a strong foothold in the industry adds immense value to the overall research. The assessment of the wining strategies followed by these companies can help business owners not only strategy but also execute business operations by referring the statistics about competitor analysis. Careful assessment of the industry analysis across different regions along with vital information on the market size, share and growth rate makes this report a wonderful resource for business evangelists.
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