Global Data Masking Market– Industry Trends and Forecast to 2025

Market Analysis: Global Data Masking Market

The global data masking market accounted for USD 347.9 million in 2017 and is projected to grow at a CAGR of 15.1% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

Market Definition: Global Data Masking Market

Data masking is a process of for making a fundamentally comparable however inauthentic version of an association’s information that can be utilized for purposes such as user or client training and programming testing. This is done in order to secure the genuine information while having a functional substitute for events when the genuine information isn’t required.

Major Market Drivers:

Adherence to privacy regulation
Data protection from external service providers as well as pointless internal exposure
Increase in the usage of data analytics

Market Restraint:                  

Hides only some part or specific data

Market Segmentation: Global Data Masking Market

On the basis of type, global data masking market is segmented into static and dynamic.
On the basis of component, global data-masking market is segmented into software and services. Services are sub segmented into professional services and managed services.
On the basis of business function, global data-masking market is segmented into finance, marketing and sales, operations, human resources, legal and others.
On the basis of organization size, global data masking market is segmented into small and medium-sized, large sized enterprises.
On the basis of deployment type, global data-masking market is segmented into cloud, on-premises.
On the basis of end user, global data masking market is segmented into banking, financial services, and insurance, retail and ecommerce, government and defense, healthcare, media and entertainment, telecommunications and IT manufacturing.
On the basis of geography, the global data-masking market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.

Competitive Landscape: Global Data Masking Market

The global data masking market is consolidated due to the presence of limited number of players concentrated in few countries. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

Major Market Competitors:Global Data Masking Market

Some of the major players in global data-masking market are Solix¸ IBM Corporation, Mentis, Informatica Corporation, CA Technologies, Delphix Corp, Oracle, IRI, Arcad Software, Net 2000 Ltd, Camouflage software Inc., Compuware Corporation, Hewlett Packard Enterprise and Micro Focus among others.

Research Methodology: Global Data Masking Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. 

Global Data Masking Market– Industry Trends and Forecast to 2025