Data Masking Market to Cement Its Foothold with 12% CAGR by 2023

Pune, India, October, 2018 /press release/- Market Research Future Published a Half-Cooked Research Report on Data Masking Market Research Report.

Overview:

Data masking market is gaining traction in commercial usage. Data masking protects sensitive data such as personal identities and information from cyber-attacks. The process includes essential, structured, and organized data’s transformation complicated replication of data. Data masking’s importance lies in its ability to lessen security risks owing to which the global data masking market can expect a 12% CAGR during the forecast period (2017-2023). Market Research Future (MRFR) in their detailed report has included drivers such as increasing adoption of data masking in IT infrastructure, growing number of cases regarding cyber-crimes, and inflating cost regarding safety and security for confidential data. These factors can assist the data masking market in achieving significant growth during the forecast period.

However, a large amount of data has already been masked in an endeavor to provide training, but lack of maintenance causes reliability issues. At the same time, often the information gets compromised as its integrity declines. Factors such as these can hold back the regular data masking market growth.

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.

Access Report @ https://www.marketresearchfuture.com/reports/data-masking-market-5485

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.

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.

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.