The global sensitive data discovery market size is expected to reach USD 15.75 Billion in 2028 and register a robust revenue CAGR over the forecast period, according to latest analysis by Emergen Research. 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. Data discovery is a process of searching and identifying sensitive data to save or securely remove any sort of compromising information. Continuous generation of new data on a daily basis by various organizations is boosting demand for sensitive data discovery solutions across the globe.

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The primary aim of the report is to offer market overview, product scope, growth prospects, and risks. The report also offers in depth information about each player in the global Sensitive Data Discovery market along with its global standing, financial status, product launch, business expansion plans among others. The market players are focused on developing various strategies such as partnerships, mergers and acquisitions, joint ventures, product launches, and research and development investments.

Companies profiled in the global Sensitive Data Discovery market:

IBM, Microsoft, Oracle, AWS, Proofpoint, Inc., Google, SolarWinds, Micro Focus, PKWARE, Inc., and Thales.

The report also covers the scope of individual applications and types in each region. The report also covers details about production and consumption patterns, technological developments, revenue growth, market size, market share, key trends and demands influencing market growth in the region, and robust presence of key players in the region.

Emergen Research has segmented the global sensitive data discovery market based on component, organization size, deployment mode, application, end-use, and region:

Component Outlook (Revenue: USD Billion; 2018–2028)

Solution

Service

Managed Services

Professional Services

Organization Size Outlook (Revenue: USD Billion; 2018–2028)

Small and Medium-sized Enterprises

Large Enterprises

Deployment Mode Outlook (Revenue: USD Billion; 2018-2028)

On-premises

Cloud

Private Cloud

Public Cloud

Hybrid Cloud

Application Outlook (Revenue: USD Billion; 2018-2028)

Security and Risk Management,

Compliance Management

Asset Management

Others

End-Use Outlook (Revenue: USD Billion; 2018–2028)

BFSI

Government

Healthcare and Life Sciences

Retail

Manufacturing

Telecommunications and IT

Others

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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.

Europe accounted for second-largest revenue share in the global market in 2020. Increasing investment in data security measures and rising adoption of data security solutions are key factors driving revenue growth of the market in this region.

Regional Outlook of Sensitive Data Discovery Market:

• North America
  • S.
  • Canada
  • Mexico
• Europe
  • Germany
  • K.
  • Italy
  • France
  • BENELUX
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of APAC
• Latin America
  • Brazil
  • Rest of LATAM
• Middle East Africa
  • Saudi Arabia
  • A.E.
  • South Africa
  • Rest of MEA

Key Features of the Sensitive Data Discovery Market Report:

• The report offers details about key drivers, restraints, opportunities, challenges, growth prospects, limitations, and threats
• The report encompasses details about the key companies, product portfolio along with specifications, production valuation, and market shares
• Evaluation of key current and emerging market trends and growth prospects
• It also offers research-backed estimations for the forecast period of eight years, primarily to estimate the potential market growth
• Brief overview of industry with regards to research and development, technological advancements, and product development
• In-depth assessment of upstream raw materials, downstream buyers, demands, and current market scenario

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