Data Classification Market Share

Market Share of Data Classification Industry

As a niche software solution, the market for data classification is highly fragmented with the presence of many small vendors such asBoldon James Ltd (QinetiQ), Covata Limited, Digital Guardian, HANDD Business Solutions, SECLORE, and many others. However, big tech firms including Amazon Web Services, Inc., IBM Corporation, Microsoft Corporation, Symantec Corporation, and Open Text Corporation are trying to offer data classification service as a bundled offering with their legacy cloud and on-premise database solutions. The market is also experiencing many market development strategies in recent years.

• May 2019 -Seclore introduced advanced email encryption solution compatible with Microsoft Office and 365, to augment security, data classification and data loss protection features for users. This innovative product is expected to enhance Seclore market competitiveness in the data classification domain.
• October 2018 -PKWARE, Inc., launched the Smartcrypt Classification solution to enhance its product offering in data classification and security industry.

Data Classification Market Leaders

1. Amazon Web Services, Inc.

2. Boldon James Ltd (QinetiQ)

3. IBM Corporation

4. Microsoft Corporation

5. Broadcom Inc. (Symantec Corporation)

*Disclaimer: Major Players sorted in no particular order