Industry Outlook and Trend Analysis
The global data masking technology market was worth USD 278.67 million in the year 2014 and is expected to reach USD 957.87 million by 2023, while registering itself at a compound annual growth rate (CAGR) of 14.70% during the forecast period. The data masking technology market is developing as enterprises running from BFSI to government are ending up greatly wary to the inner hacking and information security concerns. Late innovations like enormous information where monstrous databases are produced, presenting it to more prominent risk. In order to address these worries for anticipating outside assaults, information veiling innovation is utilized which can be utilized to and dissect the information in proxy. Data masking technology give information security by cloning the first information into a non-sensitive intermediary which resembles comparable information. This non-sensitive information can be utilized as a part of business process for testing and examination without the danger of breaking the business. Dynamic masking is the current pattern in database get to which is developing.
End User Outlook and Trend Analysis
On the basis of End user, the global data masking technology market is segmented into BFSI, retail, telecomm, health care, energy, education, automobile, public sector and other end users. Data masking technology market is likewise determined by age of extensive measure of information which is to be examined and tried without aggravating the typical business operations. Organizations for the most part favor in information concealing innovation for testing and investigation of the information, production database protection and consistence for differing prerequisites.
Deployment Models Outlook and Trend Analysis
On the basis of Deployment models, the worldwide data masking technology market is segmented into ETL, In-Place masking and dynamic masking. The increasing concern over information security and protection issues to keep the shopper and secret information ensured in BFSI and IT is one of the prime development components of the data masking technology market. It is likewise picking up essentialness in social insurance as it centers to defend persistent wellbeing record from the external threats.
Regional Outlook and Trend Analysis
Data masking technology market is a developing business sector and development rate amid the anticipated period is because of contestant of huge number of information veiling programming suppliers as well as rapid development of dynamic masking. North America is overwhelming in data masking technology market and took after by Western Europe amid the period. Asia-Pacific area is relied upon to develop at a speedier rate amid the figure time frame.
The key players of worldwide data masking technology market report incorporate Informatica Corporation, CA Technologies, Camouflage software Inc., Delphix Corp, IBM Corporation, Compuware Corporation, Net 2000 Ltd, Oracle Corporation and Hewlett Packard Enterprise.
The Data Masking Technology Market is segmented as follows-
By End User:
By Deployment Models:
Rest of Europe
Rest of Asia Pacific
Rest of the World
United Arab Emirates
Some of the key questions answered by the report are:
What was the market size in 2014 and forecast from 2015 to 2023?
What will be the industry market growth from 2015 to 2023?
What are the major drivers, restraints, opportunities, challenges and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?