The findings reviewed by GME stated that the Global Data Masking Technology Market will expand with a high CAGR value from 2021 to 2026. The technology’s growth and observed demand can be derived from the trending data breaches around the globe. The propagation of protocols makes the technological changes in the data masking market grow faster.
Browse 159 Market Data Tables and 119 Figures spread through 189 Pages and in-depth TOC on "Global Data Masking Technology Market - Forecast to 2026"
By End-User Vertical(Retail, Telecommunication, Healthcare, Education, Automobile, Public Sector, Energy, BFSI, Others), By Deployment Models (In Place Masking, ETL, Dynamic Masking), By Region (North America, Asia Pacific, Europe, Central & South America, Middle East & Africa); End-User Landscape, Company Market Share Analysis, and Competitor Analysis
Key Market Insights
· Data masking technology is employed to protect confidential information by use of fictitious data characters or other dummy data models
· The Banking, Financial Services, and Insurance vertical will work as a market propeller given the rise of techniques to secure mobile banking apps.
· Micro Focus,Oracle, Broadcom, Informatica, Oracle, Delphix, K2View, Thales eSecurity, Beijing DBSEC Technology, IBM, and Imperva are key players providing services in this market.
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End-User Vertical Outlook (Revenue, USD Billion, 2021-2026)
· Public Sector
Deployment Model Outlook (Revenue, USD Billion, 2021-2026)
· In-Place Masking
· Dynamic Masking
Regional Outlook (Revenue, USD Billion, 2021-2026)
Rest of Europe
Rest of APAC
Central & South America
Rest of CSA
Middle East & Africa
Rest of MEA
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Data Masking Technology Market Insights
Data is the new oil in today’s era of Globalization 4.0 and Industrialization 4.0. Data is a hot commodity
for both end-users who make sales and business decisions based on previous data trends and
consumers using relevant data records to satisfy user satisfaction. To avoid the use of sensitive
customer data, and confidential banking record data, data duplication/masking technologies are
leveraging its position in the critical government and private sector.
Data masking technology is employed to protect confidential information by use of fictitious data
characters or other dummy data models. The technology’s growth and observed demand can be
derived from the trending data breaches around the globe. In 2019, Canva suffered a violation of data
privacy as almost 137 million customers’ accounts were jeopardized exposing the credit card details
and payment history. Data breach leads to heavy revenue losses to the business in question. The data
breach studies analyzed the potential loss of almost $ 7.91 million as per the 2018 Cost of Data Breach
Study conducted in the USA.
The establishment of data privacy protocols leverages the technology to mask data and restrict the
use by third parties. India, Europe, and the USA are shaping the revolution of establishing data privacy
regulations to protect user information. The propagation of protocols makes the technological changes
in the data masking market grow faster.
The engagement of manufacturers in the launch of new data masking technologies builds up the
market’s strong foothold in the industry verticals. As the education sector is fast moving towards the
integration of technology to reduce the manual workload and increase work efficiency, the sharing of
data journals online and scholarly work can invite news for data breach and