15-Feb-2021 | Zion Market Research
As per Zion Market Research, the global data masking market was capitalized at USD 480 million in 2019 and is predicted to cross USD 850 million by 2025, at a CAGR of almost 15%. Major players offering data masking service and solutions comprise Informatica, IBM Corporation, Solix Technologies, Inc., CA Technologies, Inc., Oracle Corporation, Innovative Routines International, Inc., MENTIS, Deplhix, Compuware Corporation, Micro Focus, ARCAD Software, and Ekobit d.o.o.
The Retail And E-Commerce Segment Is Predicted To Have The Biggest Market Share During The Coming Period
In terms of industry segments, the retail and e-commerce segment is predicted to have the biggest market share all over the coming period. Organizations active in this sector are employing data masking to preserve their brand status in the market and to make sure the security of users’ sensitive data. Requirement for solutions that might assist agencies to lower frauds is the major factor for the increasing acceptance of data masking solutions amongst this segment. In addition to this, the rising acceptance of cloud is also powering the acceptance of data masking solutions.
North America Is Predicted To Have The Biggest Market Share; Asia Pacific To Develop At The Max Speed During The Coming Period
North America is predicted to carry on its leading position during the coming period. This can be credited to the attendance of developed nations such as US and Canada, which are stressing over renovating the current solutions. North America adds to a huge share in the creation of data, and thereby data protection and security share are in great requirement in this area. Moreover, the penetration of analytics in various verticals such as healthcare, manufacturing, logistics, and transportation, along with early acceptance of technologies is powering the development of data masking market in this area. However, Asia Pacific area is predicted to develop at the max speed during the coming period. Increasing expenditures over tech in nations such as India and China and the requirement for cost-effective enhanced data protection services and solutions among SMEs are predicted to power the market development during the coming period.
Browse the full “Data Masking Market - By Component (Services And Software), By Data Masking Type (Dynamic And Static), By Organization Size (Small And Medium-Sized Enterprises And Large Enterprises ), By Deployment Type (On-Premises And Cloud), By Business Function (Marketing & Sales, Finance, Legal, Operations, And Others), By Industry Vertical ( BFSI, Healthcare & Life Sciences, Government & Defense, Retail & E-Commerce, Telecommunciations & IT, Media & Entertainment, Manufacturing, And Others), And By Region - Global Industry Perspective, Comprehensive Analysis, And Forecast, 2019 – 2025.” Report at https://www.zionmarketresearch.com/report/data-masking-market
The global data masking market is segmented as follows:
By Data Masking Type
By Business Function
By Deployment Type
By Organization Size
By Industry Vertical
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