The article cited AMA's Global Data Classification Market Study explored substantial growth with CAGR of 24.8%. According the report, Data classification has emerged as a significant tool nowadays
is one of the primary growth factors for the market. Mandatory Compliance with Stringent Regulations
is also expected to contribute significantly to the Data Classification market. Overall, Access Control
applications of Data Classification, and the growing awareness of them, is what makes this segment of the industry important to its overall growth.
AMAs Analyst on the Global Data Classification market identified that the demand is rising in many different parts of the world as "Integration of AI and ML into Data Classification
" Furthermore, some recent industry insights like "Boldon James a data classification leader has announced the release of Classifier 3.13. This latest version of the market-leading data classification and protection solution, Classifier, offers new powerful classification and data control features to enable security, governance and compliance managers to ensure they are compliant with emerging data protection regulations, such as GDPR." is constantly making the industry dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Data Classification market by Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Data Classification market and other related sub-markets covered in the study.
o Key & emerging players in the Data Classification market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Data Classification market size is calculated using market estimation process, the Data Classification market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Data Classification market size has been validated using both top-down and bottom-up approaches.