The Europe Data Classification Market would witness market growth of 33.9% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe Data Classification Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $804 million by 2031. The UK market is exhibiting a CAGR of 32.7% during (2024 - 2031). Additionally, The France market would experience a CAGR of 35% during (2024 - 2031).
This is a key component of data governance frameworks, helping organizations implement and enforce data management policies. It provides a structured approach to managing data assets and ensuring data integrity. Classification supports data stewardship by categorizing data according to its value and sensitivity, guiding how data should be handled, maintained, and shared.
In addition, this helps ensure compliance with data transfer laws and regulations when moving data across borders. Classification can identify data that is subject to specific transfer restrictions or requirements. Classification supports data localization efforts by ensuring data is stored and managed according to regional regulations and standards, essential for meeting data sovereignty requirements.
In addition, Germany’s IT industry is rapidly modernizing its infrastructure, leading to a surge in the volume of data generated and processed. These solutions in Germany are crucial for managing and organizing this growing data efficiently. According to the ITA, Germany has one of the largest ICT industries in the world and the single largest software industry in Europe. The expansion of telemedicine in Italy, driven by increased demand for remote healthcare services, necessitates effective classification to handle and secure data from virtual consultations and remote monitoring. These in Italy ensures that data transmitted through telemedicine platforms is organized and managed properly, facilitating secure and efficient remote healthcare delivery. Italy’s push towards integrated health information systems requires robust data classification to manage data across various healthcare providers and facilities. Thus, the increasing IT industry and expansion of the region's healthcare sector are driving the market's growth.
Free Valuable Insights: The Global Data Classification Marketwill Hit USD 12.0 Billion by 2031, at a CAGR of 34.3%
Based on Component, the market is segmented into Solution, and Services. Based on Application, the market is segmented into GRC, Centralized Management, Web, Mobile & Email Protection, and Access Control. Based on Classification, the market is segmented into User-Based Classification, Content-Based Classification, and Context-Based Classification. Based on Vertical, the market is segmented into BFSI, Defense & Government, Healthcare & Life Sciences, Telecom, Education, Media & Entertainment, and Other Vertical. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
- IBM Corporation
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- Google LLC (Alphabet Inc.)
- Microsoft Corporation
- Fortra, LLC (HGGC)
- Open Text Corporation
- Forcepoint LLC (Francisco Partners)
- Netwrix Corporation
- Spirion, LLC
- Varonis Systems, Inc.
Europe Data Classification Market Report Segmentation
By Component
By Application
- GRC
- Centralized Management
- Web, Mobile & Email Protection
- Access Control
By Classification
- User-Based Classification
- Content-Based Classification
- Context-Based Classification
By Vertical
- BFSI
- Defense & Government
- Healthcare & Life Sciences
- Telecom
- Education
- Media & Entertainment
- Other Vertical
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
TABLE 1 Europe Data Classification Market, 2020 - 2023, USD Million
TABLE 2 Europe Data Classification Market, 2024 - 2031, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Data Classification Market
TABLE 4 Product Launches And Product Expansions– Data Classification Market
TABLE 5 Acquisition and Mergers– Data Classification Market
TABLE 6 Europe Data Classification Market by Component, 2020 - 2023, USD Million
TABLE 7 Europe Data Classification Market by Component, 2024 - 2031, USD Million
TABLE 8 Europe Solution Market by Country, 2020 - 2023, USD Million
TABLE 9 Europe Solution Market by Country, 2024 - 2031, USD Million
TABLE 10 Europe Services Market by Country, 2020 - 2023, USD Million
TABLE 11 Europe Services Market by Country, 2024 - 2031, USD Million
TABLE 12 Europe Data Classification Market by Application, 2020 - 2023, USD Million
TABLE 13 Europe Data Classification Market by Application, 2024 - 2031, USD Million
TABLE 14 Europe GRC Market by Country, 2020 - 2023, USD Million
TABLE 15 Europe GRC Market by Country, 2024 - 2031, USD Million
TABLE 16 Europe Centralized Management Market by Country, 2020 - 2023, USD Million
TABLE 17 Europe Centralized Management Market by Country, 2024 - 2031, USD Million
TABLE 18 Europe Web, Mobile & Email Protection Market by Country, 2020 - 2023, USD Million
TABLE 19 Europe Web, Mobile & Email Protection Market by Country, 2024 - 2031, USD Million
TABLE 20 Europe Access Control Market by Country, 2020 - 2023, USD Million
TABLE 21 Europe Access Control Market by Country, 2024 - 2031, USD Million
TABLE 22 Europe Data Classification Market by Classification, 2020 - 2023, USD Million
TABLE 23 Europe Data Classification Market by Classification, 2024 - 2031, USD Million
TABLE 24 Europe User-Based Classification Market by Country, 2020 - 2023, USD Million
TABLE 25 Europe User-Based Classification Market by Country, 2024 - 2031, USD Million
TABLE 26 Europe Content-Based Classification Market by Country, 2020 - 2023, USD Million
TABLE 27 Europe Content-Based Classification Market by Country, 2024 - 2031, USD Million
TABLE 28 Europe Context-Based Classification Market by Country, 2020 - 2023, USD Million
TABLE 29 Europe Context-Based Classification Market by Country, 2024 - 2031, USD Million
TABLE 30 Europe Data Classification Market by Vertical, 2020 - 2023, USD Million
TABLE 31 Europe Data Classification Market by Vertical, 2024 - 2031, USD Million
TABLE 32 Europe BFSI Market by Country, 2020 - 2023, USD Million
TABLE 33 Europe BFSI Market by Country, 2024 - 2031, USD Million
TABLE 34 Europe Defense & Government Market by Country, 2020 - 2023, USD Million
TABLE 35 Europe Defense & Government Market by Country, 2024 - 2031, USD Million
TABLE 36 Europe Healthcare & Life Sciences Market by Country, 2020 - 2023, USD Million
TABLE 37 Europe Healthcare & Life Sciences Market by Country, 2024 - 2031, USD Million
TABLE 38 Europe Telecom Market by Country, 2020 - 2023, USD Million
TABLE 39 Europe Telecom Market by Country, 2024 - 2031, USD Million
TABLE 40 Europe Education Market by Country, 2020 - 2023, USD Million
TABLE 41 Europe Education Market by Country, 2024 - 2031, USD Million
TABLE 42 Europe Media & Entertainment Market by Country, 2020 - 2023, USD Million
TABLE 43 Europe Media & Entertainment Market by Country, 2024 - 2031, USD Million
TABLE 44 Europe Other Vertical Market by Country, 2020 - 2023, USD Million
TABLE 45 Europe Other Vertical Market by Country, 2024 - 2031, USD Million
TABLE 46 Europe Data Classification Market by Country, 2020 - 2023, USD Million
TABLE 47 Europe Data Classification Market by Country, 2024 - 2031, USD Million
TABLE 48 Germany Data Classification Market, 2020 - 2023, USD Million
TABLE 49 Germany Data Classification Market, 2024 - 2031, USD Million
TABLE 50 Germany Data Classification Market by Component, 2020 - 2023, USD Million
TABLE 51 Germany Data Classification Market by Component, 2024 - 2031, USD Million
TABLE 52 Germany Data Classification Market by Application, 2020 - 2023, USD Million
TABLE 53 Germany Data Classification Market by Application, 2024 - 2031, USD Million
TABLE 54 Germany Data Classification Market by Classification, 2020 - 2023, USD Million
TABLE 55 Germany Data Classification Market by Classification, 2024 - 2031, USD Million
TABLE 56 Germany Data Classification Market by Vertical, 2020 - 2023, USD Million
TABLE 57 Germany Data Classification Market by Vertical, 2024 - 2031, USD Million
TABLE 58 UK Data Classification Market, 2020 - 2023, USD Million
TABLE 59 UK Data Classification Market, 2024 - 2031, USD Million
TABLE 60 UK Data Classification Market by Component, 2020 - 2023, USD Million
TABLE 61 UK Data Classification Market by Component, 2024 - 2031, USD Million
TABLE 62 UK Data Classification Market by Application, 2020 - 2023, USD Million
TABLE 63 UK Data Classification Market by Application, 2024 - 2031, USD Million
TABLE 64 UK Data Classification Market by Classification, 2020 - 2023, USD Million
TABLE 65 UK Data Classification Market by Classification, 2024 - 2031, USD Million
TABLE 66 UK Data Classification Market by Vertical, 2020 - 2023, USD Million
TABLE 67 UK Data Classification Market by Vertical, 2024 - 2031, USD Million
TABLE 68 France Data Classification Market, 2020 - 2023, USD Million
TABLE 69 France Data Classification Market, 2024 - 2031, USD Million
TABLE 70 France Data Classification Market by Component, 2020 - 2023, USD Million
TABLE 71 France Data Classification Market by Component, 2024 - 2031, USD Million
TABLE 72 France Data Classification Market by Application, 2020 - 2023, USD Million
TABLE 73 France Data Classification Market by Application, 2024 - 2031, USD Million
TABLE 74 France Data Classification Market by Classification, 2020 - 2023, USD Million
TABLE 75 France Data Classification Market by Classification, 2024 - 2031, USD Million
TABLE 76 France Data Classification Market by Vertical, 2020 - 2023, USD Million
TABLE 77 France Data Classification Market by Vertical, 2024 - 2031, USD Million
TABLE 78 Russia Data Classification Market, 2020 - 2023, USD Million
TABLE 79 Russia Data Classification Market, 2024 - 2031, USD Million
TABLE 80 Russia Data Classification Market by Component, 2020 - 2023, USD Million
TABLE 81 Russia Data Classification Market by Component, 2024 - 2031, USD Million
TABLE 82 Russia Data Classification Market by Application, 2020 - 2023, USD Million
TABLE 83 Russia Data Classification Market by Application, 2024 - 2031, USD Million
TABLE 84 Russia Data Classification Market by Classification, 2020 - 2023, USD Million
TABLE 85 Russia Data Classification Market by Classification, 2024 - 2031, USD Million
TABLE 86 Russia Data Classification Market by Vertical, 2020 - 2023, USD Million
TABLE 87 Russia Data Classification Market by Vertical, 2024 - 2031, USD Million
TABLE 88 Spain Data Classification Market, 2020 - 2023, USD Million
TABLE 89 Spain Data Classification Market, 2024 - 2031, USD Million
TABLE 90 Spain Data Classification Market by Component, 2020 - 2023, USD Million
TABLE 91 Spain Data Classification Market by Component, 2024 - 2031, USD Million
TABLE 92 Spain Data Classification Market by Application, 2020 - 2023, USD Million
TABLE 93 Spain Data Classification Market by Application, 2024 - 2031, USD Million
TABLE 94 Spain Data Classification Market by Classification, 2020 - 2023, USD Million
TABLE 95 Spain Data Classification Market by Classification, 2024 - 2031, USD Million
TABLE 96 Spain Data Classification Market by Vertical, 2020 - 2023, USD Million
TABLE 97 Spain Data Classification Market by Vertical, 2024 - 2031, USD Million
TABLE 98 Italy Data Classification Market, 2020 - 2023, USD Million
TABLE 99 Italy Data Classification Market, 2024 - 2031, USD Million
TABLE 100 Italy Data Classification Market by Component, 2020 - 2023, USD Million
TABLE 101 Italy Data Classification Market by Component, 2024 - 2031, USD Million
TABLE 102 Italy Data Classification Market by Application, 2020 - 2023, USD Million
TABLE 103 Italy Data Classification Market by Application, 2024 - 2031, USD Million
TABLE 104 Italy Data Classification Market by Classification, 2020 - 2023, USD Million
TABLE 105 Italy Data Classification Market by Classification, 2024 - 2031, USD Million
TABLE 106 Italy Data Classification Market by Vertical, 2020 - 2023, USD Million
TABLE 107 Italy Data Classification Market by Vertical, 2024 - 2031, USD Million
TABLE 108 Rest of Europe Data Classification Market, 2020 - 2023, USD Million
TABLE 109 Rest of Europe Data Classification Market, 2024 - 2031, USD Million
TABLE 110 Rest of Europe Data Classification Market by Component, 2020 - 2023, USD Million
TABLE 111 Rest of Europe Data Classification Market by Component, 2024 - 2031, USD Million
TABLE 112 Rest of Europe Data Classification Market by Application, 2020 - 2023, USD Million
TABLE 113 Rest of Europe Data Classification Market by Application, 2024 - 2031, USD Million
TABLE 114 Rest of Europe Data Classification Market by Classification, 2020 - 2023, USD Million
TABLE 115 Rest of Europe Data Classification Market by Classification, 2024 - 2031, USD Million
TABLE 116 Rest of Europe Data Classification Market by Vertical, 2020 - 2023, USD Million
TABLE 117 Rest of Europe Data Classification Market by Vertical, 2024 - 2031, USD Million
TABLE 118 Key Information – Amazon Web Services, Inc.
TABLE 119 Key Information – Google LLC
TABLE 120 Key Information – Microsoft Corporation
TABLE 121 Key Information – IBM Corporation
TABLE 122 Key Information – Fortra, LLC.
TABLE 123 Key Information – Open Text Corporation
TABLE 124 Key Information – Forcepoint LLC
TABLE 125 Key Information – Netwrix Corporation
TABLE 126 Key Information – Spirion, LLC
TABLE 127 Key Information – Varonis Systems, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 Europe Data Classification Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Data Classification Market
FIG 4 KBV Cardinal Matrix
FIG 5 Market Share Analysis, 2023
FIG 6 Key Leading Strategies: Percentage Distribution (2020-2024)
FIG 7 Porter’s Five Forces Analysis – Data Classification Market
FIG 8 Europe Data Classification Market share by Component, 2023
FIG 9 Europe Data Classification Market share by Component, 2031
FIG 10 Europe Data Classification Market by Component, 2020 - 2031, USD Million
FIG 11 Europe Data Classification Market share by Application, 2023
FIG 12 Europe Data Classification Market share by Application, 2031
FIG 13 Europe Data Classification Market by Application, 2020 - 2031, USD Million
FIG 14 Europe Data Classification Market share by Classification, 2023
FIG 15 Europe Data Classification Market share by Classification, 2031
FIG 16 Europe Data Classification Market by Classification, 2020 - 2031, USD Million
FIG 17 Europe Data Classification Market share by Vertical, 2023
FIG 18 Europe Data Classification Market share by Vertical, 2031
FIG 19 Europe Data Classification Market by Vertical, 2020 - 2031, USD Million
FIG 20 Europe Data Classification Market share by Country, 2023
FIG 21 Europe Data Classification Market share by Country, 2031
FIG 22 Europe Data Classification Market by Country, 2020 - 2031, USD Million
FIG 23 SWOT Analysis: Amazon Web Services, Inc.
FIG 24 SWOT Analysis: Google LLC
FIG 25 SWOT Analysis: Microsoft Corporation
FIG 26 Recent strategies and developments: IBM Corporation
FIG 27 SWOT Analysis: IBM Corporation
FIG 28 SWOT analysis: Open Text Corporation
FIG 29 SWOT Analysis: Forcepoint LLC