Data Masking Technology Market SHARE, TREND, OPPORTUNITY AND FORECAST
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Product Code:
RP-ID-10075960 -
Published Date:
21 Oct 2022 -
Region:
Global
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Pages:
100 -
Category:
ICT & Telecom -
Publisher:
Pub-ID-9
Impact Analysis on the Growth of Market
Inflation and Looming Recession to Haunt Businesses:
In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022.
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The Research Report is Updated with 2022 Base Year, 2023 Estimated year and Forecast till 2035 with Market Insights.
With the dip in global production, the GDP has contracted in 2020 and impacted the market across the world. Upon placing a Sample Request, you will receive an updated report with 2022 as base year, 2023 as estimated year and forecast to 2035. This will have market drivers, recovery rate in the market, insights and competitive analysis.
Market Overview:
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Global Data Masking Technology Market Overview
Data masking technology provide data security by replicating the original data into a non-sensitive proxy which looks like the similar data. Non-sensitive data can be used in business process for analysis and testing without any risk of breaking the business. Data masking technology is one of the effective ways of reducing the risk of sensitive data from outside and inside threats. Data masking technology is performed in such a way that actual values are reserved along with functional and structural meaning of data.
Market Size and Forecast
The Data masking technology market, in terms of value, is expected to grow rapidly during the forecasted period at a good CAGR due to the need to protect data from unauthorized exposures. Technological advancements also results in various data related threats such as internal data breaches and cyber-attacks which encourages the enterprises to safeguard their data.In terms of regional platform, North America holds the latest market share in data masking technology due the presence of developed economies such as US which stressing over advance innovating existing solutions. North America backs a major share in the generation of data and thus data security is in great demand which expected to spur the growth of data masking technology market in this region over the forecasted period. Penetration of analytics and early adoption of technologies across many industries such as transportation, manufacturing, and healthcare expected to drive the growth of data masking technology market in this region over the forecasted period.
data masking technology
Asia Pacific is expected to be the fast growing market for data masking technology in terms of revenue due to the increasing volume of data and the need for solutions to protect sensitive data expected to drive the growth of data masking technology market over the forecasted period. Flow of data in this region has witnessed a rapid growth due to the adoption of IOT and remote sensors across many industries which further expected to increase the market growth of data masking technology over the forecasted period.In terms of end user, the retail industry is expected to hold the largest market share over the forecasted period. Data masking technology is used by many organizations in this industry to ensure the security of customer’s sensitive data and to maintain their brand image in the market. Need for solutions to avoid frauds helps in fueling the growth of data masking technology among this vertical.
Market Segmentation
Our-in depth analysis of the global data masking technology market includes the following segments:
By Component
Software
Services
Managed services
Professional services
By End User
BFSI
Retail Industry
Telecomm Industry
Health Care Industry
Education Industry
Automobile Industry
Public sector Industry
Others
By Type
ETL
In-Place masking
Dynamic masking
By Deployment Model
Cloud
On- Premise
By Region
Global data masking technology market is further classified on the basis of region as follows:
North America (United States, Canada), Market size, Y-O-Y growth Market size, Y-O-Y growth & Opportunity Analysis, Future forecast & Opportunity Analysis
Latin America (Brazil, Mexico, Argentina, Rest of LATAM), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
Europe (U.K., Germany, France, Italy, Spain, Hungary, BENELUX (Belgium, Netherlands, Luxembourg), NORDIC (Norway, Denmark, Sweden, Finland), Poland, Russia, Rest of Europe), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
Asia-Pacific (China, India, Japan, South Korea, Malaysia, Indonesia, Taiwan, Hong Kong, Australia, New Zealand, Rest of Asia-Pacific), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
Growth Drivers and Challenges
Industries ranging from BFSI to government are becoming really cautious about internal hacking and data privacy concerns which expected to increase the growth of data masking technology market over the forecasted period. Generation of large amount of data which is to be tested and analyzed without hampering the business operations expected to boost the market growth of data masking technology over the forecasted period.Arrival of large number of data masking software providers and rising growth of dynamic masking also expected to bolster the growth of data masking technology market over the forecasted period. Dynamic masking uses two major approaches such as proxy based masking and view based masking and changes the flow of data without providing any change in its physical presence.
Data masking technology is one of the cost-effective technologies to protect business databases and applications from data breach threats. Enterprises while looking for data security considers factors such as data type preservation, format preservation and semantic integrity and all these factors are provided by data masking technology which expected to contribute in the growth of this technology.Complexities in data integration & customization and loopholes in identifying sensitive data are still not achievable which expected to hamper the market growth of data masking technology over the forecasted period.
Key players
Some of the examples of market players in the global data masking technology market identified across the value chain include:
Informatica
Company Overview
Key Product Offerings
Business Strategy
SWOT Analysis
Financials
CA Technologies
Delphix
IBM Corporation
Compuware Corporation
Oracle Corporation
Hewlett Packard Enterprise Development LP
Mentis
Micro Focus
Scope and Context
Overview of the Parent Market
Analyst View
Segmentation
The global data masking technology market is segmented as follows:
By Component Market Size & Y-O-Y Growth Analysis
By End User Market Size & Y-O-Y Growth Analysis
By Type Market Size & Y-O-Y Growth Analysis
By Deployment Model Market Size & Y-O-Y Growth Analysis
By Region Market Size & Y-O-Y Growth Analysis
Market Dynamics
Supply & Demand Risk
Competitive Landscape
Porter’s Five Force Model
Geographical Economic Activity
Key Players (respective SWOT Analysis) and their Strategies and Product Portfolio
Recent Trends and Developments
Industry Growth Drivers and Challenges
Key Information for Players to establish themselves in current dynamic environment.
Geography Analysis:
The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:
- North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
- Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
- Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys & Opportunity Outlook
- Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
- Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook
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