Pune, February 07, 2025 (Globe Newswire) – Analysis of the Sensitive Data Data Discovery Size:
“The value of the sensitive data discovery market is $ 8.10 billion in 2023, and it is expected to reach 35.58 billion US dollars by 2032, with an annual growth rate of 17.93 % from 2024-2032.”
The market to discover sensitive data is rapid
The market detection market grows rapidly due to increased pressure on companies to comply with strict data protection systems. While institutions deal with huge amounts of personal and financial information, determining and securing these data has become a top priority. A recent report of 2024 GDP showed that complaints related to processing of personal data have increased by 60 %, thus pushing the demand for tools that help find sensitive data, classify and protect them. Through changes in regulations, institutions resort to data classification solutions such as Microsoft PurView to comply and prevent risks from data violations.
This demand will feed the increase in security and compliance that organizations want to embrace. Solutions such as Amazon Macie in AWS and Google Cloud from AI will integrate increasingly detection of data into their safety systems as part of maintaining sensitive information. High -risk fields such as health care, financing and retail trade accelerate the speed of growth in this market, but it promises a great demand for future growth
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The analysis of the main players included in this report is:
IBM (IBM Security QRADAR, IBM Cloud Pak for Security) Microsoft (Microsoft Information Protection, Microsoft Purvief) Azon Macie, Aws Screts Manager) Google (Google Cloud Data Fosse Center, Google Thales CIPHERTRUST, Thales Cloud Protection) (Management Solix Data, Mimuta Data Conservation (IMMUTA Data Valley) All) The prevention of Nightfall data, the security of the SECURITI Data, SECURITI Data Governance) Bigid (1Touch.io (1Touch.io Data Ranking, 1Touch.io Data Discovery) Datasunrise (Datasunrise Data Protecting, Datasunrise Database Security)
The scope of the report of the detection of sensitive data:
Attributesdailsmarkt report in 2023 USD 8.10 billion by 2032 USD USD 35.58 billion dollars from 17.93 % from 2024 to 2032Base Year2023Forecast, EUROPE, EUROPE, EUROPE, EUROPE, EUROPE, EUROPE, Eurobe, Eurobe, Unky, Unky, Unky, Unky, Unkyy Unkey, Underay, Underay, Unkica, Underay, Underay, Underay, Underay, Poldaany, Poldaany, Poldaany, Poldaany, Undera, Uncaina, UNCAILY, UNAINA, UNCAINA, UNAINA, UNCAIL The rest of the Eastern Europe) Western Europe (Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, the rest of Western Europe)). Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, the rest of Asia and the Pacific), Middle East and Africa (Middle East (United Arab Emirates, Egypt, Saudi Arabia, Qatar, the rest of the Middle East), Africa (Nigeria, South Africa, the rest of Africa), Latin America (Brazil, Argentina, Colombia for the rest of Latin America) The main growth drivers • High cyberspace threats pushing companies to implement detecting data to improve protection against data violations
• AI and machine learning enhances the discovery of sensitive data, providing specifically faster and more accurately
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Depending on the size of the organization, large companies perform, while small and medium -sized companies face the fastest growth
In 2023, the large institutions sector took control of the market to discover sensitive data, which represents about 63 % of the total revenue. This leadership can be attributed to the large resources available to large institutions, allowing them to invest in solutions to detect advanced data capable of managing complex data environments. These institutions face strict compliance requirements and higher cybersecurity, which led them to give priority to strong technologies to secure sensitive data through various platforms.
Small and medium -sized companies are expected to grow in the fastest Malaysian annual growth rate of 19.26 % from 2024 to 2032. Small and medium -sized companies are aware of the value of sensitive data protection, they adopt inexpensive and easy -to -use solutions by adopting the services based on cloud, and Subscription forms. Solutions that help small and medium companies comply with data privacy systems and maintain their compliance while protecting their operations will be increasing demand.
According to applications, security and risk management leads, while compliance management sees rapid growth
The security sector and risk management took control of the market to discover sensitive data in 2023, which represents 47 % of the market share. The main reason behind this dominance is to increase development and the frequency of electronic attacks that led to a more focus on protecting sensitive data. The increasing number of electronic attacks against sensitive information makes companies invest in solutions that discover and secure weak data in a proactive manner.
The compliance management sector is expected to grow in the fastest annual growth rate of 19.36 % from 2024 to 2032. There are more stringent global data privacy systems, such as GDP and CCPA, which are compulsory institutions to adopt advanced data discovery tools. These tools help companies ensure compliance, avoid penalties, and simplify identification, classification and protection of sensitive data through multiple judicial states, which leads to the growth of this appointed sector.
Division of sensitive data discovery market:
According to the component
According to the size of the organization
Large companies and medium -sized institutions (small and medium companies)
By publishing mode
Through the application
Security and Risk Administration Department of Administration
By vertical
BFSIGOOPERNMENMENTHEALTHCARE, Life Sciencereailmanfacturingititit and ECONFUNICATIONISOSTESOSOSOSOTHERSOSOSOTHERTERER
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In 2023, North America led the market to discover sensitive data with about 39 % of the total revenue
North America mainly leads to a strong organizational compliance imposed by the likes of gross domestic product and CCPA, creating a greater demand for effective data protection solutions. Great awareness of cybersecurity in the region and the presence of important technology companies helps enhance their adoption through a large number of industries in the tools of detecting advanced data. In addition, the infrastructure in force in North America and continuous investments in digital transformation enhances the wide use of these solutions.
The Asia and Pacific region is expected to grow at a complex annual growth rate of 19.61 % from 2024 to 2032. Rapid economic growth and increased use of digital technologies such as cloud computing, the Internet of Things and large data in the region increases the demand for advanced data discovery solutions. In addition, the highest regulations and the increase in the rate of data violations in the region makes institutions invest heavily in data securing, and this enhances the market in this region at an accelerated rate.
Last news
In November 2024, IBM, IBM, has made IBM with IBM Security Discovery and classified it to automate the detection of sensitive data, the synchronization of politics, and continuous monitoring via hybrid cloud environments and protected environments. Using an engine without an agent to determine sensitive data and integrate with Microsoft PurView to improve safety.
Schedule of content – main points
1. Introduction
2. Executive Summary
3. Research methodology
4. Analyzing the effect of market dynamics
5. Statistical ideas and directions reporting
6. The competitive scene
7. Divide the detection market, according to the component
8. Divide the detection market, according to the application
9. Divide the detection market, by vertical, through the vertical
10. Divide the detection market, according to the size of the organization
11. Divide the detection market, according to the publishing mode
12. Regional analysis
13. Company profiles
14. Use cases and best practices
15. Conclusion
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