Data Masking Market Global Analysis 2019-2023: Key Findings, Regional Study, Emerging Audience, Trends and Future Prospects

Data Masking Market Overview:

In order to sustain the competitive market, the business enterprises are evolving new techniques to improve their operational functionalities. Thus, the business enterprises require experimental setup to stimulate new techniques that would be compatible with the prevailing technology.

Data masking is a secured technique to clone the essential data without any data breach. However, auditing of data after obfuscation is a challenging task which is expected to hinder the growth of data masking market over the forecast period.

Data Masking Market is a data protection technique through which essential, structured, and organized data is transformed to a complicated replication of data. This non-threatening data is then, used as a prototype or sample for training and testing applications. This regular technique is extensively used in commercial applications in order to protect the personal identities and information which are generally regarded as sensitive in corporate enterprises. Data masking is a secured technique that prevents breach of private & confidential information from fringe elements which eventually minimizes the security risk.

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Major Key Players:

Some of the key players of Data Masking market include Oracle Corporation (U.S.), Compuware Corporation (U.S.), Innovative Routines International, Inc (U.S.), Delphix Corp (U.S.), IBM Corporation (U.S.), Net 2000 Ltd. (U.S.), Camouflage Software Inc. (Canada), ARCAD Software (France), Informatica Corporation, (U.S.), Hewlett Packard Enterprise Company. (U.S.), Solix Technologies, Inc (U.S.), Ekobit d.o.o. (Croatia), CA Technologies (U.S.), and others.

Market Insight:

Tactical moves implemented by various companies can take the market ahead. Merger, acquisitions, collaborations, product launch, and others are some methods that most employ to gain much from the market. For instance, Compuware Corporation has acquired XaTester from Xact Consulting A/S to better their operational skill. Imperva, on the other hand, has bought Camouflage Software Inc. for data masking system improvisation in 2017.

Segmentation:

The data masking market can be segmented by type, component, deployment, business function, organization size, and end-user.

  • By type, the data masking market can be segmented into static data masking and dynamic data masking.
  • Component-wise, the data masking market consists of software and services. Service can be further segmented into professional and managed services.
  • Deployment-wise, the data masking market consists on-premise and on-cloud.
  • Based on business function, the data masking market includes marketing & sales, finance, human resource, operations, legal, and others.
  • Based on organization size the data masking market is segmented into the small & medium enterprise and large enterprises.
  • End-users in data masking market can be segmented into banking, financial services and insurance (BFSI), healthcare & life sciences, retail & e-commerce, IT & telecommunications, government & defense, media & entertainment, manufacturing, and others.

Regional Analysis:

Geographical analysis of the data masking market spans across regions such as North America, Asia Pacific (APAC), Europe, and the Rest-of-the-World (RoW).

Structural efficiency and superiority, skilled workforce and integration of cutting-edge technology in every aspect are features that have helped North America in claiming the top spot. The U.S. and Canada are leading the charge. IT and cloud infrastructure are of superior quality in this region and leading companies in the global market are based out of this region.

Europe can expect a substantial growth with Germany, France, and the U.K. as the leading regions. The region is spending heavily on research and developments. The APAC is expected to grow with the fastest CAGR during the forecast period. India, Japan, and China are countries showing grand prospect and advanced economies are increasing their investment in the region to reap the benefits of outsourcing.

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Target Audience:

  • Research Firms.
  • Government Agencies
  • Data Masking Service Providers
  • Associations, organizations, forums and alliances related to Data Masking
  • Government bodies such as regulating authorities and policy makers
  • Industry associations
  • Market research and consulting firm
  • Data masking application builders
  • Independent Software Vendors (ISVs)
  • Analytics consulting companies

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