TechSci Press Release

Rising demand for data harvesting and data encryption is expected to drive the demand for global sensitive data discovery market in the forecast period. According to TechSci Research report,  “Global  Sensitive Data Discovery Market  By Component (Solutions & Services), By Deployment (On-premise and Cloud), By Organization Size (SME and Large Enterprise), By Application (Security and Risk Management, Compliance Management, Asset Management, Other Applications (Network Management and Access Management)), By End-User Vertical (BFSI, Government, Healthcare and Life Sciences, Retail, Manufacturing, Telecommunications and IT, Other Verticals (Education, and Travel and Hospitality), By Company, By Region, Forecast & Opportunities, 2026” , global sensitive data discovery market is expected to witness significant growth for the next five years owing to dependance on manual systems for data discovery and increase in privacy and safety concerns. To drive useful insights fro...

Global sensitive data discovery market is expected to grow at a double digit CAGR for the forecast period. Rising concerns for data security for private and confidential data is expected to fuel the market for the coming five years. Unauthorized access to the sensitive data may lead to data exposure which can result in monetary loss for the organization. Structured and unstructured data formats present in non-production levels do not contain high level security and permission-based controls, which is fostering the global market for sensitive data discovery for masking the data for privacy issues.  Higher penetration of internet across various regions and growing affordability for smart devices is paving the way for generation of large volume of data which requires organization of data for further usage. Also, flexibility of data access from remote places and storage of data on cloud platforms is accelerating the demand for cloud based sensitive data discovery market. Increasing ne...