Data Masking Market - Industry Analysis, Market Size, Share, Trends,Application Analysis, Growth and Forecast 2020 - 2025
Data Masking Market is forecast to reach $435 million by 2025, at a CAGR of 15.03% during 2020-2025. Increasing penetration of data analytics coupled with the rising internet security and privacy concerns throughout the world are expected to accelerate the Data Masking market during forecast period. In 2018, EU General Data Protection Regulation (GDPR) took legal effect to change the whole data capture, storage and processing arena. According to GDPR, businesses must handle and protect personal data, with a specific focus on the privacy and rights of individuals. These regulation are likely to bring demand for data protection and security thereby accelerating the demand for Data Masking Market. Key Takeaways APAC is expected to witness highest CAGR in data masking market due to measures to promote the data security. Retail and eCommerce vertical is expected to grow with highest CAGR of 16.45% throughout the forecast period due to organizations which are operating in this industry are ...