Data Classification Market Size, Share, and Analysis by 2027

Historic Data: 2017-2018   |   Base Year: 2019   |   Forecast Period: 2020-2027

Data Classification Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Solution (Solution, Services); Application (GRC, Web, Mobile, and Email Protection, Others); Vertical (BFSI, IT and Telecom, Media and Entertainment, Retail, Education, Healthcare, Others)

  • Report Date : May 2020
  • Report Code : TIPRE00003043
  • Category : Technology, Media and Telecommunications
  • Status : Published
  • Available Report Formats : pdf-format excel-format
  • No. of Pages : 151

The data classification market was valued at US$ 568.80 million in 2019 and is projected to reach US$ 3,577.49 million by 2027. The Data classification market is expected to grow at a CAGR of 27.6% from 2020 to 2027.

The data classification is a tool that classifies enormous data into varied tabs to maximize most out of it while maintaining the privacy of confidential data. The commercialization of data protection laws such as GDPR and Health Insurance Portability and Accountability Act (HIPAA) is directly linked to impact the scope of data classification worldwide. Growing business data and cloud migrations, ramp up of personal data identification, threat to privacy in email, leverage of machine learning, and converge of data management and data protection are among the factors that play a significant role in accelerating the scope of data classification. The data classification is receiving high momentum across the world. The roll-out of data classification tool to combat situation of cyber threats is paving the path for the market growth. Also, growing emphasis on data protection laws by government authorities in countries such as the UK, the US, Germany, and Singapore is propelling the adoption rate of data classification. Moreover, the integration of sophisticated technologies such as machine learning and artificial intelligence into data classification tools accelerates the output and productivity of entire business. For instance, 40% of US firms use ML to improve their sales and marketing strategies, and the European banks have witnessed increase in product sales by 10% and lower churn rates by 20% with ML.

The data classification market is segmented into component, application, vertical, and geography. Based on component, the solution segment held the largest share of global data classification market. The data classification solution derives security controls applied to the particular set of data. Based on application, the web, mobile, and email protection segment dominated the global data classification market in 2019. With rise in the use of email, mobile, and web application for transferring data among corporates and industries, the data protection and data classification tools have become a necessity. Based on vertical, the BFSI segment contributed a substantial share in 2019 and is projected to continue its dominance during the forecast period. Geographically, the market is segmented into five major regions—North America, Europe, Asia Pacific (APAC), the Middle East and Africa (MEA), and South America (SAM).

Customize This Report To Suit Your Requirement

You will get customization on any report - free of charge - including parts of this report, or country-level analysis, Excel Data pack, as well as avail great offers and discounts for start-ups & universities

Data Classification Market: Strategic Insights

data-classification-market
  • Get Top Key Market Trends of this report.
    This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

Data classification Market Insights

Government Mandates in Developed Nations

The US, Germany, the UK, and Singapore are among the countries where the government has regulated IT companies with data encryption and protection laws owing to which tech firms are finding opportunities in these markets to promote their data classification services. The US and UK governments have set up three-tiered data classification schemes for the public sector. Even the Washington government has gone beyond this range and established a five-tiered classification scheme and has been well applauded by the region's open data advocates by creating potential space for the domain's industry vendors. Various financial services companies, such as insurance companies and banks, are the primary users of data classification solutions as they have to deal with large volumes of personally identifiable information (PII) and government data protection regulations.


Component -Based Market Insights

On the basis of component, the data classification market is segmented into solution and services. Titus, Boldon James, Digital Guardian, Spirion, and Netwrix are some prominent players prevailing in the market to cater needs of data protection and data classification. The companies offer complete data classification tool accompanied with range of services to make sure proper performance of the solution.

Application -Based Market Insights

Based on application, the data classification market is segmented into governance, risk and compliance, web, mobile and email protection, and others.

Vertical -Based Market Insights

Based on vertical, the data classification market is segmented into: BFSI, IT and telecom, media and entertainment, retail, education, healthcare, others. Banks and various other financial industry companies use Machine Learning (ML) technology for two essential purposes: identifying valuable data insights and preventing fraud. The insights can identify opportunities to invest or help investors know when to trade.

Players operating in the Data classification market focus on strategies, such as market initiatives, acquisitions, and product launches, to maintain their positions in the data classification market. A few developments by key players of the data classification market are:

In March 2020, Netwrix, allows information security and governance professionals to retrieve control on confidential, regulated and business-critical data. The company introduced Netwrix Data Classification 5.5.2.

In November 2018, Titus, a leader in data protection solutions has introduced Titus Intelligent Protection. The new tool provides machine learning driven by classification to lower risk of data loss.

Data Classification Market Regional Insights

The regional trends and factors influencing the Data Classification Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Data Classification Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.

data-classification-market-global-geography
  • Get the Regional Specific Data for Data Classification Market

Data Classification Market Report Scope

Report Attribute Details
Market size in 2019 US$ 568.80 Million
Market Size by 2027 US$ 3,577.49 Million
Global CAGR (2019 - 2027) 27.6%
Historical Data 2017-2018
Forecast period 2020-2027
Segments Covered By Solution
  • Solution
  • Services
By Application
  • GRC
  • Web
  • Mobile
  • Email Protection
By Vertical
  • BFSI
  • IT and Telecom
  • Media and Entertainment
  • Retail
  • Education
  • Healthcare
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • BOLDON JAMES
  • DATAGUISE
  • Google LLC
  • Informatica
  • Microsoft
  • Netwrix Corporation
  • Open Text Corporation
  • PKWARE, Inc.
  • Symantec Corporation

  • Data Classification Market Players Density: Understanding Its Impact on Business Dynamics

    The Data Classification Market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.

    Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.

    Major Companies operating in the Data Classification Market are:

    1. BOLDON JAMES
    2. DATAGUISE
    3. Google LLC
    4. Informatica
    5. Microsoft

    Disclaimer: The companies listed above are not ranked in any particular order.


    data-classification-market-cagr

    • Get the Data Classification Market top key players overview

    Data Classification Market – by Solutions

    • Solution
    • Services


    Data Classification Market – by Application

    • GRC
    • Web
    • Mobile
    • Email Protection
    • Others


    Data Classification Market – by Verticals

    • BFSI
    • IT and Telecom
    • Media and Entertainment
    • Retail
    • Education
    • Healthcare
    • Others


    Data Classification Market – by Geography

    • North America

      • US
      • Canada
      • Mexico
    • Europe

      • France
      • Germany
      • Russia
      • UK
      • Italy
      • Rest of Europe
    • Asia Pacific (APAC)

      • China
      • India
      • Japan
      • Australia
      • South Korea
      • Rest of APAC
    • MEA

      • Saudi Arabia
      • UAE
      • South Africa
      • Rest of MEA
    • SAM

      • Brazil
      • Argentina
      • Rest of SAM


    Data Classification Market – Company Profiles

    • Boldon James
    • Google LLC
    • Microsoft Corporation
    • Open Text Corporation
    • DATAGUISE
    • Informatica
    • Netwrix Corporation
    • PKWARE, Inc.
    • Titus
    • Varonis
    Ankita Mittal
    Ankita Mittal
    Manager,
    Market Research & Consulting

    Ankita is a dynamic market research and consulting professional with over 8 years of experience across the technology, media, ICT, and electronics & semiconductor sectors. She has successfully led and delivered 100+ consulting and research assignments for global clients such as Microsoft, Oracle, NEC Corporation, SAP, KPMG, and Expeditors International. Her core competencies include market assessment, data analysis, forecasting, strategy formulation, competitive intelligence, and report writing.

    Ankita is adept at handling complete project cycles—from pre-sales proposal design and client discussions to post-sales delivery of actionable insights. She is skilled in managing cross-functional teams, structuring complex research modules, and aligning solutions with client-specific business goals. Her excellent communication, leadership, and presentation abilities have enabled her to consistently deliver value-driven outcomes in fast-paced and evolving market environments.

    • Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
    • PEST and SWOT Analysis
    • Market Size Value / Volume - Global, Regional, Country
    • Industry and Competitive Landscape
    • Excel Dataset

    Testimonials

    user

    I wish to appreciate your support and the professionalism you displayed in the course of attending to my request for information regarding to infectious disease IVD market in Nigeria. I appreciate your patience, your guidance, and the fact that you were willing to offer a discount, which eventually made it possible for us to close a deal. I look forward to engaging The Insight Partners in the future, all thanks to the impression you have created in me as a result of this first encounter.

    DR CHIJIOKE ONYIA, MANAGING DIRECTOR, PineCrest Healthcare Ltd.
    user

    The Insight Partners delivered insightful, well-structured market research with strong domain expertise. Their team was professional and responsive throughout. The user-friendly website made accessing industry reports seamless. We highly recommend them for reliable, high-quality research services

    Yukihiko Adachi CEO, Deep Blue, LLC.

    Reason to Buy

    • Informed Decision-Making
    • Understanding Market Dynamics
    • Competitive Analysis
    • Customer Insights
    • Market Forecasts
    • Risk Mitigation
    • Strategic Planning
    • Investment Justification
    • Identifying Emerging Markets
    • Enhancing Marketing Strategies
    • Boosting Operational Efficiency
    • Tracking Industry Innovations
    • Aligning with Regulatory Trends
    Your Key Concerns Addressed - Question & Answer
    Can I view a sample of the report before purchasing?

    Yes! We provide a free sample of the report, which includes Report Scope (Table of Contents), report structure, and selected insights to help you assess the value of the full report. Please click on the "Download Sample" button or contact us to receive your copy.

    Is analyst support included with the purchase?

    Absolutely — analyst assistance is part of the package. You can connect with our analyst post-purchase to clarify report insights, methodology or discuss how the findings apply to your business needs.

    What are the next steps once I place an order?

    Once your order is successfully placed, you will receive a confirmation email along with your invoice.

    • For published reports: You’ll receive access to the report within 4–6 working hours via a secured email sent to your email.
    • For upcoming reports: Your order will be recorded as a pre-booking. Our team will share the estimated release date and keep you informed of any updates. As soon as the report is published, it will be delivered to your registered email.

    Can the report be tailored to suit my specific needs?

    We offer customization options to align the report with your specific objectives. Whether you need deeper insights into a particular region, industry segment, competitor analysis, or data cut, our research team can tailor the report accordingly. Please share your requirements with us, and we’ll be happy to provide a customized proposal or scope.

    In what format is the report delivered?

    The report is available in either PDF format or as an Excel dataset, depending on the license you choose.

    The PDF version provides the full analysis and visuals in a ready-to-read format. The Excel dataset includes all underlying data tables for easy manipulation and further analysis.
    Please review the license options at checkout or contact us to confirm which formats are included with your purchase.

    How secure is the payment process on your platform?

    Our payment process is fully secure and PCI-DSS compliant.

    We use trusted and encrypted payment gateways to ensure that all transactions are protected with industry-standard SSL encryption. Your payment details are never stored on our servers and are handled securely by certified third-party processors.
    You can make your purchase with confidence, knowing your personal and financial information is safe with us.

    Do you provide special pricing for buying multiple reports?

    Yes, we do offer special pricing for bulk purchases.
    If you're interested in purchasing multiple reports, we’re happy to provide a customized bundle offer or volume-based discount tailored to your needs. Please contact our sales team with the list of reports you’re considering, and we’ll share a personalized quote.

    Can I connect with your team to discuss the report before buying?

    Yes, absolutely.
    Our team is available to help you make an informed decision. Whether you have questions about the report’s scope, methodology, customization options, or which license suits you best, we’re here to assist. Please reach out to us at sales@theinsightpartners.com, and one of our representatives will get in touch promptly.

    Will I get a billing invoice upon purchase?

    Yes, a billing invoice will be automatically generated and sent to your registered email upon successful completion of your purchase.
    If you need the invoice in a specific format or require additional details (such as company name, GST, or VAT information), feel free to contact us, and we’ll be happy to assist.

    Is there support available if I can’t access my report?

    Yes, certainly.
    If you encounter any difficulties accessing or receiving your report, our support team is ready to assist you. Simply reach out to us via email or live chat with your order information, and we’ll ensure the issue is resolved quickly so you can access your report without interruption.

    Our Clients

    The List of Companies - Global Data Classification Market

    1. BOLDON JAMES
    2. DATAGUISE
    3. Google LLC
    4. Informatica
    5. Microsoft
    6. Netwrix Corporation
    7. Open Text Corporation
    8. PKWARE, Inc.
    9. Symantec Corporation
    10. Titus
    Sales Assistance
    US: +1-646-491-9876
    UK: +44-20-8125-4005
    Email: sales@theinsightpartners.com
    Chat with us
    DUNS Logo
    87-673-9708
    ISO Certified Logo
    ISO 9001:2015
    ISO Certified Logo