Global Data Masking Market
Global Data Masking Market, By Deployment (Cloud, On-Premise); By Type (Static, Dynamic); By Business Function (Finance, Human Resource (HR), Legal, Marketing and Sales, Operations, Others); By End-User (BFSI, Healthcare, IT and Telecom, Retail, Government and Defense, Manufacturing, Media and Entertainment, Other End-user Industries); By Region (North America, Europe, the Asia-Pacific, the Middle East & Africa, and Latin America)Trend Analysis, Competitive Market Share & Forecast, 2017-2027
- Published Date: September 2021
- Report ID: BWC2174
- Available Format: PDF
- Page: 189
Report Overview
The global data masking market is being driven by factors such as the increasing proliferation of IT infrastructure to prevent cyber threats and the need to provide data protection.
Global Data Masking Market - Industry Trends & Forecast Report 2027
The global data masking market was worth USD 463.4 Million in 2020 and is projected to reach USD 1,121.5 Million by 2027, at a CAGR of 13.6% during the forecast period (2021-2027). The growing proliferation of IT infrastructure in response to cyber threats and the need to protect data from both internal and external exposures is a significant factor driving the growth of the global data masking market. Moreover, the increasing demand for extracting insights from the production data is also influencing the growth of the global data masking market by increasing the adoption of cloud-based and consumer-friendly applications. Furthermore, the ever-growing privacy and security concerns across the globe, along with the rising penetration of data analytics, are also favoring the healthy growth of the global data masking market.
Source: BlueWeave Consulting
Global Data Masking Market Overview
Masking data involves protecting or hiding confidential or important original data content with reformed data. This method entails creating structurally identical unauthenticated data for user software testing and training. The ultimate use of data masking is to protect the actual data by providing an alternative. The expanding business volume and data, coupled with enhancing business standards, are boosting the growth of the data masking market across the world. Additionally, the data masking market has been mainly driven by increased demands for insights extracted from production data.
Global Data Masking Market trend
Growth Drivers
Implementation of Stringent Government Regulations Regarding Privacy and Security.
The growing demand regarding protection against data breaching, reduction of data obfuscation, data privacy, and cyber hacking from regulatory has been causing the growth of the global data masking market. To keep their data safe from external threats, countries around the world are prioritizing data privacy and protection. As an enforcement action to protect consumers from deceptive practices, the FTC (Federal Trade Commission) of the U.S. announced a variety of enforcement measures in September 2019. Consequently, federal regulations and national data protection policies are currently in place to protect the privacy of Americans. Similarly, the Indian government passed a law in July 2018 enshrining the right to privacy. The Personal Data Protection Bill came into effect right away. Likewise, the Chinese government has also been implementing various laws and regulations to increase data security within China.
Restraints
Complexities in Data Integration and Lack of Knowledge
Using data masks is not an easy task since different types of data and data formats are involved. It acts as a major restraint for the global data masking market. Problems with certain types of data that are more vulnerable to fraud and danger are likely to act as a market restraint. Additionally, the mediocre level of awareness regarding privacy and security benefits of data masking significantly affects its adoption rate. The lack of knowledge and the poor understanding of data security and cloud computing further restrict the growth of the global data masking market.
Impact of COVID-19
The pandemic has had a favorable impact on the global data masking market. Because different digital solutions are being used by workers, digital networks have consistently proved crucial during the pandemic. Consequently, a majority of employees are now able to work from home. Technologies such as cloud storage and data masking allow employees to access systems and software from home and keep their data safe and secure. Thus, data masking technology allows the cloud to run efficiently and smoothly while preserving important data on the office premise.
Global Data Masking Market: By Deployment
Based on deployment, the global data masking is grouped into the cloud and on-premise segments. The cloud segment holds the largest market share in the deployment segment of the global data masking market. The substantial share of this segment is attributable to the fact that companies rely on cloud computing to address challenges faced by businesses that can't be handled with traditional IT infrastructure. Additionally, the frequency of disruptions has increased because of the dependence on growing connectivity and convergent data sets. Thus, to stay competitive in this era of digital transformation, companies are being forced to look for newer options and avenues, which in turn is driving the growth of the global data masking market.
Global Data Masking Market: By End-User
Based on end-user, the global data masking market is categorized into BFSI, healthcare, IT and telecom, retail, government and defense, manufacturing, media and entertainment, other end-user industries. Among these, the retail or e-commerce segment holds the largest market share in terms of end-users. The segment's large market share is attributable to the growing use of POS terminals that allow customers to provide feedback for better decision-making. However, the IT & telecom segment is also prospering since it allows companies to maintain a centralized approach to IT governance. Data masking market growth is further supported by the growing need for data protection in IT and telecom.
Global Data Masking Market: By Region
Based on regions, the global data masking market is grouped into North America, Europe, the Asia-Pacific, the Middle East & Africa, and Latin America. Globally, North America has the largest share of the data masking market due to the huge volume of data generated in this region by multinational companies. Data masking is essential in this region since data security and protection are high priorities. However, the Asia-Pacific region is expected to witness the fastest growth during the forecast period. China and India play a crucial role in the economy of the Asia Pacific, which has led their governments to take several steps to enhance data security. India, for example, enacted the "Personal Data Protection Bill, 2018," establishing the right to privacy as a fundamental right. As a result, these strict regulations are likely to spur the growth of the global data masking market.
Competitive Landscape
Data masking is gaining popularity across numerous industries as a result of the growing proliferation of IT infrastructure to battle cyber threats and the need to protect data, thereby, creating a world of stiff competition among market competitors. Some of the major players in the global data masking market are Oracle Corporation, IBM Corporation, CA Technologies Inc., Informatica LLC, Delphix, Solix Technologies, Inc, Compuware Corporation, Micro Focus, Mentis, Innovative Routines International, INC., Ekobit D.O.O., ARCAD Software, Net 2000 Ltd., Camouflage Software INC., IRI, BMC Software Inc., Hewlett Packard Enterprise, CyberDB, Information Resources Inc., Imperva, Thales e-Security, Inc., and other prominent players.
Recent Developments
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August 2021:As part of its focus on sustainable clean tech and green energy businesses, Clean Vision Corporation has filed for intellectual property protection for its technology entitled "Methods and Apparatuses for Plastic Waste Recycling" with the US Patent and Trademark Office.
Scope of the Report
Attribute |
Details |
Years Considered |
Historical data – 2017-2020 |
Base Year – 2020 |
|
Forecast – 2021 – 2027 |
|
Facts Covered |
Revenue in USD Million |
Market Coverage |
United States, Canada, Germany, United Kingdom, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Mexico, Argentina, Saudi Arabia, United Arab Emirates, South Africa, Turkey |
Product/Service Segmentation |
By Deployment, By Type, By Business Function, By End-User, By Region |
Key Players |
Oracle Corporation, IBM Corporation, CA Technologies Inc., Informatica LLC, Delphix, Solix Technologies, Inc, Compuware Corporation, Micro Focus, Mentis, Innovative Routines International, INC., Ekobit D.O.O., ARCAD Software, Net 2000 Ltd., Camouflage Software INC., IRI, BMC Software Inc., Hewlett Packard Enterprise, CyberDB, Information Resources Inc., Imperva, Thales e-Security, Inc., and other prominent players. |
By Deployment
-
- Cloud
- On-Premise
By Type
-
- Static
- Dynamic
By Business Function
-
- Finance
- Human Resource (HR)
- Legal
- Marketing and Sales
- Operations
- Others
By End-User
-
- BFSI
- Healthcare
- IT and Telecom
- Retail
- Government and Defence
- Manufacturing
- Media and Entertainment
- Other End-user Industries
By Region
-
- North America
- Europe
- the Asia-Pacific
- Latin America
- the Middle East and Africa
- Research Framework
- Research Objective
- Product Overview
- Market Segmentation
- Research Methodology
- Qualitative Research
- Primary & Secondary Research
- Quantitative Research
- Market Breakdown & Data Triangulation
- Secondary Research
- Primary Research
- Breakdown of Primary Research Respondents, By Region
- Assumption & Limitation
- Qualitative Research
- Executive Summary
- Global Data Masking Market Insights
- Industry Value Chain Analysis
- DROC Analysis
- Growth Drivers
- Restraints
- Opportunities
- Challenges
- Recent Development/Technological Advancements
- Regulatory Insights
- Porter’s Five Forces Analysis
- Bargaining Usability of Suppliers
- Bargaining Usability of Buyers
- Threat of New Entrants
- Threat of Substitutes
- Intensity of Rivalry
- Global Data Masking Market Overview
- Market Size & Forecast by Value, 2017-2027
- By Value (USD Million)
- Market Share & Forecast
- By Deployment
- Cloud
- On Premise
- By Type
- Static
- Dynamic
- By Business Function
- Finance
- Human Resource (HR)
- Legal
- Marketing and Sales
- Operations
- Others
- By End-User
- BFSI
- Healthcare
- IT and Telecom
- Retail
- Government and Defence
- Manufacturing
- Media and Entertainment
- Other End-user Industries
- By Region
- North America
- Europe
- the Asia-Pacific
- Latin America
- the Middle East and Africa
- By Deployment
- Market Size & Forecast by Value, 2017-2027
- North America Data Masking Market
- Market Size & Forecast by Value, 2017-2027
- By Value (USD Million)
- Market Share & Forecast
- By Deployment
- By Type
- By Business Function
- By End-User
- By Country
- U.S.
- Canada
- Market Size & Forecast by Value, 2017-2027
- Europe Data Masking Market
- Market Size & Forecast by Value, 2017-2027
- By Value (USD Million)
- Market Share & Forecast
- By Deployment
- By Type
- By Business Function
- By End-User
- By Country
- Germany
- United Kingdom
- Italy
- France
- Spain
- Rest of Europe
- Market Size & Forecast by Value, 2017-2027
- the Asia-Pacific Data Masking Market
- Market Size & Forecast by Value, 2017-2027
- By Value (USD Million)
- Market Share & Forecast
- By Deployment
- By Type
- By Business Function
- By End-User
- By Country
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Market Size & Forecast by Value, 2017-2027
- Latin America Data Masking Market
- Market Size & Forecast by Value, 2017-2027
- By Value (USD Million)
- Market Share & Forecast
- By Deployment
- By Type
- By Business Function
- By End-User
- By Country
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Market Size & Forecast by Value, 2017-2027
- the Middle East & Africa Data Masking Market
- Market Size & Forecast by Value, 2017-2027
- By Value (USD Million)
- Market Share & Forecast
- By Deployment
- By Type
- By Business Function
- By End-User
- By Country
- Saudi Arabia
- UAE
- Turkey
- South Africa
- Rest of The Middle East & Africa
- Market Size & Forecast by Value, 2017-2027
- Competitive Landscape
- List of Key Players and Their Offerings
- Market Share Analysis, 2020
- Competitive Benchmarking, By Operating Parameters
- Impact of Covid-19 on Global Data Masking Application
- Company Profile (Company Overview, Financial Matrix, Competitive landscape, Key Personnel, Key Competitors, SWOT Analysis, Contact Address, and Strategic Outlook) **
- Oracle Corporation
- IBM Corporation
- CA Technologies Inc.,
- Informatica LLC
- Delphix
- Solix Technologies, Inc
- COMPUWARE CORPORATION
- MICRO FOCUS
- MENTIS
- INNOVATIVE ROUTINES INTERNATIONAL, INC.
- EKOBIT D.O.O.
- ARCAD Software
- Net 2000 Ltd.
- CAMOUFLAGE SOFTWARE INC.
- IRI
- BMC Software Inc.
- HEWLETT PACKARD ENTERPRISE
- CYBERDB
- Information Resources Inc.
- IMPERVA
- THALES E-SECURITY
- Key Strategic Recommendations
*Financial details of unlisted companies will be available as per data availability in final deliverable
**The segmentation and the companies are subjected to modifications based on in-depth secondary for the final deliverable
List of Figures
- Global Data Masking Segmentation
- Global Data Masking Market Value Chain Analysis
- Company Market Share Analysis, 2020
- Global Data Masking Market Size, By Value (USD Million), 2017-2027
- Global Data Masking Market Share, By Deployment, By Value, 2017-2027
- Global Data Masking Market Share, By Type, By Value, 2017-2021
- Global Data Masking Market Share, By Business Function, By Value, 2017-2021
- Global Data Masking Market Share, By End-User, By Value, 2017-2021
- Global Data Masking Market Share, By Region, By Value, 2017-2027
- North America Data Masking Market Size, By Value (USD Million), 2017-2027
- North America Data Masking Market Share, By Deployment, By Value, 2017-2027
- North America Data Masking Market Share, By Type, By Value, 2017-2027
- North America Data Masking Market Share, By Business Function, By Value, 2017-2027
- North America Data Masking Market Share, By End-User, By Value, 2017-2027
- North America Data Masking Market Share, By Country, By Value, 2017-2027
- Europe Data Masking Market Size, By Value (USD Million), 2017-2027
- Europe Data Masking Market Share, By Deployment, By Value, 2017-2027
- Europe Data Masking Market Share, By Type, By Value, 2017-2027
- Europe Data Masking Market Share, By Business Function, By Value, 2017-2027
- Europe Data Masking Market Share, By End-User, By Value, 2017-2027
- Europe Data Masking Market Share, By Country, By Value, 2017-2027
- The Asia-Pacific Data Masking Market Size, By Value (USD Million), 2017-2027
- The Asia-Pacific Data Masking Market Share, By Deployment, By Value, 2017-2021
- The Asia-Pacific Data Masking Market Share, By Type, By Value, 2017-2027
- The Asia-Pacific Data Masking Market Share, By Business Function, By Value, 2017-2027
- The Asia-Pacific Data Masking Market Share, By End-User, By Value, 2017-2027
- The Asia-Pacific Data Masking Market Share, By Country, By Value, 2017-2027
- Latin America Data Masking Market Size, By Value (USD Million), 2017-2027
- Latin America Data Masking Market Share, By Deployment, By Value, 2017-2027
- Latin America Data Masking Market Share, By Type, By Value, 2017-2027
- Latin America Data Masking Market Share, By Business Function, By Value, 2017-2027
- Latin America Data Masking Market Share, By End-User, By Value, 2017-2027
- Latin America Data Masking Market Share, By Country, By Value, 2017-2027
- The Middle East & Africa Data Masking Market Size, By Value (USD Million), 2017-2021
- The Middle East & Africa Data Masking Market Share, By Deployment, By Value, 2017-2027
- The Middle East & Africa Data Masking Market Share, By Type, By Value, 2017-2027
- The Middle East & Africa Data Masking Market Share, By Business Function, By Value, 2017-2027
- The Middle East & Africa Data Masking Market Share, By End-User, By Value, 2017-2027
- The Middle East & Africa Data Masking Market Share, By Country, By Value, 2017-2027
List of Tables
- Global Data Masking Market Size, By Deployment, By Value, 2017-2027
- Global Data Masking Market Size, By Type, By Value, 2017-2027
- Global Data Masking Market Size, By Business Function, By Value, 2017-2027
- Global Data Masking Market Size, By End-User, By Value, 2017-2027
- Global Data Masking Market Size, By Region, By Value, 2017-2027
- North America Data Masking Market Size, By Deployment, By Value, 2017-2027
- North America Data Masking Market Size, By Type, By Value, 2017-2027
- North America Data Masking Market Size, By Business Function, By Value, 2017-2027
- North America Data Masking Market Size, By End-User, By Value, 2017-2027
- North America Data Masking Market Size, By Country, By Value, 2017-2027
- Europe Data Masking Market Size, By Deployment, By Value, 2017-2027
- Europe Data Masking Market Size, By Type, By Value, 2017-2027
- Europe Data Masking Market Size, By Business Function, By Value, 2017-2027
- Europe Data Masking Market Size, By End-User, By Value, 2017-2027
- Europe Data Masking Market Size, By Country, By Value, 2017-2027
- The Asia-Pacific Data Masking Market Size, By Deployment, By Value, 2017-2027
- The Asia-Pacific Data Masking Market Size, By Type, By Value, 2017-2027
- The Asia-Pacific Data Masking Market Size, By Business Function, By Value, 2017-2027
- The Asia-Pacific Data Masking Market Size, By End-User, By Value, 2017-202
- The Asia-Pacific Data Masking Market Size, By Country, By Value, 2017-2027
- Latin America Data Masking Market Size, By Deployment, By Value, 2017-2027
- Latin America Data Masking Market Size, By Type, By Value, 2017-2027
- Latin America Data Masking Market Size, By Business Function, By Value, 2017-2027
- Latin America Data Masking Market Size, By End-User, By Value, 2017-2027
- Latin America Data Masking Market Size, By Country, By Value, 2017-2027
- The Middle East & Africa Data Masking Market Size, By Deployment, By Value, 2017-2027
- The Middle East & Africa Data Masking Market Size, By Type, By Value, 2017-2027
- The Middle East & Africa Data Masking Market Size, By Business Function, By Value, 2017-2027
- The Middle East & Africa Data Masking Market Size, By End-User, By Value, 2017-2027
- The Middle East & Africa Data Masking Market Size, By Country, By Value, 2017-2027
- Oracle Corporation Financial Analysis
- Oracle Corporation Business Overview
- IBM Corporation Financial Analysis
- IBM Corporation Business Overview
- CA Technologies Inc., Financial Analysis
- CA Technologies Inc., Business Overview
- Informatica LLC Financial Analysis
- Informatica LLC Business Overview
- Delphix Financial Analysis
- Delphix Business Overview
- Solix Technologies, Inc Financial Analysis
- Solix Technologies, Inc Business Overview
- COMPUWARE CORPORATION Financial Analysis
- COMPUWARE CORPORATION Business Overview
- MICRO FOCUSFinancial Analysis
- MICRO FOCUSBusiness Overview
- MENTIS Financial Analysis
- MENTIS Business Overview
- INNOVATIVE ROUTINES INTERNATIONAL, INC. Financial Analysis
- INNOVATIVE ROUTINES INTERNATIONAL, INC. Business Overview
- EKOBIT D.O.O. Financial Analysis
- EKOBIT D.O.O. Business Overview
- ARCAD Software Financial Analysis
- ARCAD Software Business Overview
- Net 2000 Ltd. Financial Analysis
- Net 2000 Ltd. Business Overview
- CAMOUFLAGE SOFTWARE INC. Financial Analysis
- CAMOUFLAGE SOFTWARE INC. Business Overview
- IRI Financial Analysis
- IRI Business Overview
- BMC Software Inc. Financial Analysis
- BMC Software Inc. Business Overview
- HEWLETT PACKARD ENTERPRISEFinancial Analysis
- HEWLETT PACKARD ENTERPRISEBusiness Overview
- CYBERDB Financial Analysis
- CYBERDB Business Overview
- Information Resources Inc. Financial Analysis
- Information Resources Inc. Business Overview
- IMPERVA Financial Analysis
- IMPERVA Business Overview
- THALES E-SECURITY Financial Analysis
- THALES E-SECURITY Business Overview
Market Segmentation
-
-
- By Deployment
-
- Cloud
- On-Premise
-
- By Type
-
- Static
- Dynamic
-
- By Business Function
-
- Finance
- Human Resource (HR)
- Legal
- Marketing and Sales
- Operations
- Others
-
- By End-User
-
- BFSI
- Healthcare
- IT and Telecom
- Retail
- Government and Defence
- Manufacturing
- Media and Entertainment
- Other End-user Industries
-
- By Region
-
- North America
- Europe
- the Asia-Pacific
- Latin America
- the Middle East and Africa
-
- By Deployment
-
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