Press release
The global Data Classification market size is projected to reach USD 1550.5 Million by 2028, from USD 642.3 Million in 2021, at a CAGR of 12.9% during 2022-2028
The global Data Classification market size is projected to reach USD 1550.5 Million by 2028, from USD 642.3 Million in 2021, at a CAGR of 12.9% during 2022-2028. Key drivers of the data classification market include the growing need for maintaining regulatory compliance. The increasing volume of unstructured data will fuel the growth of the data classification market during the forecast period. The cybersecurity risks will push the market forward in the coming years.
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Trends Influencing the Global Data Classification Market
1. Increasing volume of unstructured data
2. Regulations
3. Security concerns
4. Emergence of automation
Data Classification Market Share
Based on type, the segmentations include software, service, and hardware.
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