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The report "Sensitive Data Discovery Market by Component, Organization Size, Deployment Mode, Application (Security and Risk Management, Compliance Management, Asset Management), Vertical (BFSI, Healthcare and Life Sciences), and Region - Global Forecast to 2026" The global sensitive data discovery market size to grow from USD 5.1 billion in 2020 to USD 12.4 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 16.1% during the forecast period.
Various factors such as the growing need to discover sensitive structured and unstructured data, increasing investments in data privacy with evolving regulations, and rise in remote workers and real-time data access are expected to drive the adoption of the sensitive data discovery solutions and services.Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=191231584Businesses providing sensitive data discovery solutions and services are expected to witness a minor decline in their growth for a short span of time.
However, the focus on vaccine development, adoption work from home initiatives, and eHealth are leading to explosion of structured and unstructured data, which needs to be discovered and managed efficiently to derive insights.
The global spread of COVID-19 has led to numerous privacy, data protection, security, and compliance questions.
The cloud segment is expected to grow at a rapid pace during the forecast period.
Professional services include consulting, deployment and integration, and support and maintenance services.