The Latin America, Middle East and Africa Sensitive Data Discovery Market would witness market growth of 21.2% CAGR during the forecast period (2020-2026).
Using Payment Card Industry Data Security Standard (PCI DSS), organizations can process, store, and transmit credit card information with safety and security. It is of utmost importance that a company should handle a person’s credit card data accurately and protect their information. This information includes any kind of cardholder data, with Primary Account Numbers, service code, cardholder name, card expiration date, card verification code, magnetic stripe data, and authentication data like PINs.
Any efficient and effective sensitive data discovery software uses the latest technologies, to make it easy to use, and have the capability to be personalized for any business. As massive amount of unstructured & sensitive data moves through the company, the tools used for sensitive data discovery should be advanced enough to precisely locate & rectify data, irrespective of location or type.
The adoption of the sensitive data discovery market is expected to witness a surge due to many factors like the increasing requirements to discover sensitive structured & unstructured data, rising investments in data privacy with developing rules, increasing adoption of cloud-based data discovery solutions to enhance security compliance & governance within data, and the increasing importance of data usage at the time of COVID-19 pandemic among companies.
Based on Component, the market is segmented into Solutions and Services. Based on Application, the market is segmented into Security & Risk Management, Asset Management, Compliance Management and Others. Based on Deployment Type, the market is segmented into On-premise and Cloud. Based on Enterprise Size, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on End User, the market is segmented into BFSI, Retail & eCommerce, Manufacturing, Healthcare, Telecom & IT, Government & Public Sector and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The Brazil market dominated the LAMEA Small & Medium Enterprises Sensitive Data Discovery Market by Country 2019, and would continue to be a dominant market till 2026. The Argentina market would witness a CAGR of 23.8% during (2020 - 2026). Additionally, The UAE market is showcasing a CAGR of 22.7% during (2020 - 2026).
The BFSI market dominated the South Africa Sensitive Data Discovery Market by End User 2019, thereby, achieving a market value of $30.2 million by 2026. The Retail & eCommerce market is estimated to grow at a CAGR of 20.5% during (2020 - 2026). The Manufacturing market is experiencing a CAGR of 24% during (2020 - 2026). Additionally, The Healthcare market is expected to witness highest CAGR of 24.1% during (2020 - 2026).
Free Valuable Insights: Sensitive Data Discovery Market in LAMEA is expected to register a CAGR of 21.2% during the forecast period (2020-2026)
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Microsoft Corporation, Oracle Corporation, Amazon.com, Inc., Google, Inc., Micro Focus International PLC, Thales Group S.A., Hitachi, Ltd., SolarWinds Corporation, Proofpoint, Inc. and Netwrix Corporation.
By Component
By Application
By Deployment Type
By Enterprise Size
By End-User
By Country
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