Global Data Classification Market Size, Trends & Growth Opportunity, By Component (Services, and Solutions), By Methodology (Content-Based Classification, Context-Based Classification, and User-Based Classification), By Application (Access Control, Web, Mobile, and Email Protection, Governance and Regularity Compliance, and Centralized Management), By Region and Forecast till 2027
Global Data Classification Market
The global Data Classification market was valued at USD 786.74 million in 2021 and it is expected to reach at USD 4544.30 million in 2027 at a CAGR of 24.3 % during forecast period 2022-2027.
Data classification is defined as processes which categorizes and sort the data in various types, structures, and other properties. It is usually done on the basis of customer’s requirement and availability of data sets present for various businesses. There are several methods and solutions for the data classification within a data repository. These solutions consists certain data sets of business intelligence software for data separation and identification of raw data from structured data.
Market Drivers
Increase in concern for data security of huge data volume as the cybercrime related to data breach has been increased across the globe which is expected to boost the global data classification market growth. Furthermore, stringent rules and regulations related to data needs to be followed by the organization will positively influence the market growth. Moreover, increase in government initiatives regarding data classification will drive the market growth. In developed countries including UK, US, Germany, Singapore, and others where the government had regulated the IT environment with data encryption and protection laws are finding opportunity areas to promote data classification services in market. 
Market Restraints
However, lack of awareness about data classification is the major challenging factor which is expected to hinder the global data classification market growth. Also, complicated classification schemes and terminologies will affect the market growth.
COVID-19 Impact 
Due to outbreak of covid -19 the market affect positively as lockdown and quarantine is imposed by government and remote working is adopted due to fear of contracting virus which enhances the usage of web,mobile and email protection .thus,data protection and data classification are the major factor which propells the market growth.
Recent Development 
In 2019 Seclore introduced advanced email encryption solution compatible with Microsoft Office and 365, to increase the security, data classification and data loss protection features for users which enhance Seclore market competitiveness in the data classification domain. PKWARE, Inc., launched the Smartcrypt Classification solution to enhance its product offering in data classification and security industry. MinerEye develope a technology for its Data Tracker solution which  automatically identify, categorize, and track a massive amount of information in a short period.AWS and McAfee which may automate data classification and identification for auditing, authorizing rights, and identifying security gaps. Titus Intelligent Protection is develop which  reduce the danger of data loss.
Market Segmentation
Global Data Classification Market is segmented into component such as Services, and Solutions, by Methodology such as Content-Based Classification, Context-Based Classification, and User-Based Classification, by application such as Access Control, Web, Mobile, and Email Protection, Governance and Regularity Compliance, and Centralized Management. Further, market is segmented into Vertical such as BFSI, Healthcare, Defense, IT & Telecom, Energy & Utility, and Others.
Also, Global Data Classification Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Market Key Player
Various key players are discussed in this report such as IBM, Google, Microsoft, AWS, Symantec, Opentext, Boldon James, Covata, and Varonis.
Market Taxonomy
By Component
• Services
• Solutions
By Methodology
• Content-Based Classification
• Context-Based Classification
• User-Based Classification
By Application
• Access Control
• Web, Mobile, and Email Protection
• Governance and Regularity Compliance
• Centralized Management
By Vertical
• BFSI
• Healthcare
• Defense
• IT & Telecom
• Energy & Utility
• Others
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa
Key Questions Addressed by the Report
• What are the Key Opportunities in Global Data Classification Market?
• What will be the growth rate from 2022 to 2027?
• Which segment/region will have highest growth?
• What are the factors that will impact/drive the Market?
• What is the competitive Landscape in the Industry?
• What is the role of key players in the value chain?
• What are the strategies adopted by key players?

Global Data Classification Market TOC 
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Data Classification Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Data Classification Market, By Component
5.1 Y-o-Y Growth Comparison, By Component 
5.2 Global Data Classification Market Share Analysis, By Component 
5.3 Global Data Classification Market Size and Forecast, By Component
5.3.1 Services
5.3.2 Solutions
6 Global Data Classification Market, By Methodology
6.1 Y-o-Y Growth Comparison, By Methodology
6.2 Global Data Classification Market Share Analysis, By Methodology
6.3 Global Data Classification Market Size and Forecast, By Methodology
6.3.1 Content Based Classification
6.3.2 User Based Classification
7 Global Data Classification Market, By Application
7.1 Y-o-Y Growth Comparison, By Application
7.2 Global Data Classification Market Share Analysis, By Application
7.3 Global Data Classification Market Size and Forecast, By Application
7.3.1 Access Control
7.3.2 Web, Mobile, and Email Protection
7.3.3. Governanace and Regularity Compliance
7.3.4. Centralized Management
8 Global Data Classification Market, By Vertical
8.1 Y-o-Y Growth Comparison, By Vertical
8.2 Global Data Classification Market Share Analysis, By Vertical
8.3 Global Data Classification Market Size and Forecast, By Vertical
8.3.1 BFSI
8.3.2 Healthcare
8.3.3 Defense
8.3.4. IT & Telecom
8.3.5 .Energy & Utility
8.3.6. Others
9Global Data Classification Market, By Region
9.1 Global Data Classification Market Share Analysis, By Region
9.2 Global Data Classification Market Share Analysis, By Region
9.3 Global Data Classification Market Size and Forecast, By Region
10 North America Data Classification Analysis and Forecast (2022 – 2027)
10.1 Introduction
10.2 North America Data Classification Product Market Share Analysis, By Component
10.3 North America Data Classification Product Market Size and Forecast, By Methodology
10.4 North America Data Classification Product Market Size and Forecast, By Application
10.5 North America Data Classification Product Market Size and Forecast, By Vertical
10.6 North America Data Classification Product Market Size and Forecast, By Country
10.6.1 U.S.
10.6.2 Canada
10.6.3 Mexico
11Europe Data Classification Market Analysis and Forecast (2022 – 2027)
11.1 Introduction
11.2 Europe Data Classification Product Market Share Analysis, By Component 
11.3 Europe Data Classification Product Market Size and Forecast, By Methodology 
11.4 Europe Data Classification Product Market Size and Forecast, By Application
11.5 Europe Data Classification Product Market Size and Forecast, By Vertical
11.6 Europe Data Classification Product Market Size and Forecast, By Country
11.6.1 Germany
11.6.2 France
11.6.3 UK
11.64. Rest of Europe
12Asia Pacific Data Classification Market Analysis and Forecast (2022 – 2027)
12.1 Introduction
12.2 Asia Pacific Data Classification Product Market Share Analysis, By Component 
12.3 Asia Pacific Data Classification Product Market Size and Forecast, By Methodology  
12.4 Asia Pacific Data Classification Product Market Size and Forecast, By Application
12.5 Asia Pacific Data Classification Product Market Size and Forecast, By Vertical
12.6 Asia Pacific Data Classification Product Market Size and Forecast, By Country
12.6.1 China
12.6.2 Japan
12.6.3 India
12.6.4. Rest of Asia Pacific
13Latin America Data Classification Market Analysis and Forecast (2022 – 2027)
13.1 Introduction
13.2 Latin America Data Classification Product Market Share Analysis, By Component 
13.3 Latin America Data Classification Product Market Size and Forecast, By Methodology 
13.4 Latin America Data Classification Product Market Size and Forecast, By Application
13.5 Latin America Data Classification Product Market Size and Forecast, By Vertical
13.6 Latin America Data Classification Product Market Size and Forecast, By Country
14Middle East Data Classification Market Analysis and Forecast (2022 – 2027)
14.1 Introduction
14.2 Middle East Data Classification Product Market Share Analysis, By Component 
14.3 Middle East Data Classification Product Market Size and Forecast, By Methodology 
14.4 Middle East Data Classification Product Market Size and Forecast, By Application
14.5 Middle East Data Classification Product Market Size and Forecast, By Vertical
14.6 Middle East Data Classification Product Market Size and Forecast, By Country
15Competitive Analysis
15.1 Competition Dashboard
15.2 Market share Analysis of Top Vendors
15.3 Key Development Strategies
16Company Profiles
16.1 IBM,
16.1.1 Overview
16.1.2 Offerings
16.1.3 Key Financials
16.1.4 Business Segment & Geographic Overview
16.1.5 Key Market Developments
16.1.6 Key Strategies
16.2 Google 
16.2.1 Overview
16.2.2 Offerings
16.2.3 Key Financials
16.2.4 Business Segment & Geographic Overview
16.2.5 Key Market Developments
16.2.6 Key Strategies
16.3 Microsoft
16.3.1 Overview
16.3.2 Offerings
16.3.3 Key Financials
16.3.4 Business Segment & Geographic Overview
16.3.5 Key Market Developments
16.3.6 Key Strategies
16.4 AWS
16.4.1 Overview
16.4.2 Offerings
16.4.3 Key Financials
16.4.4 Business Segment & Geographic Overview
16.4.5 Key Market Developments
16.4.6 Key Strategies
16.5 Symantec
16.5.1 Overview
16.5.2 Offerings
16.5.3 Key Financials
16.5.4 Business Segment & Geographic Overview
16.5.5 Key Market Developments
16.5.6 Key Strategies
16.6 Opentext,
16.6.1 Overview
16.6.2 Offerings
16.6.3 Key Financials
16.6.4 Business Segment & Geographic Overview
16.6.5 Key Market Developments
16.6.6 Key Strategies
16.7 Boldon James
16.7.1 Overview
16.7.2 Offerings
16.7.3 Key Financials
16.7.4 Business Segment & Geographic Overview
16.7.5 Key Market Developments
16.7.6 Key Strategies 
16.8 Covata
16.8.1 Overview
16.8.2 Offerings
16.8.3 Key Financials
16.8.4 Business Segment & Geographic Overview
16.8.5 Key Market Developments
16.8.6 Key Strategies 
16.9 Varonis
16.9.1 Overview
16.9.2 Offerings
16.9.3 Key Financials
16.9.4 Business Segment & Geographic Overview
16.9.5 Key Market Developments
16.9.6 Key Strategies