Europe Data Classification Market Size & Outlook
The data classification market in Europe is expected to reach a projected revenue of US$ 2,643.1 million by 2030. A compound annual growth rate of 33.8% is expected of Europe data classification market from 2024 to 2030.
Revenue, 2023 (US$M)
$344.3
Forecast, 2030 (US$M)
$2,643.1
CAGR, 2024 - 2030
33.8%
Report Coverage
Europe
Europe data classification market highlights
- The Europe data classification market generated a revenue of USD 344.3 million in 2023.
- The market is expected to grow at a CAGR of 33.8% from 2024 to 2030.
- In terms of segment, solution was the largest revenue generating component in 2023.
- Solution is the most lucrative component segment registering the fastest growth during the forecast period.
Europe data book summary
| Market revenue in 2023 | USD 344.3 million |
| Market revenue in 2030 | USD 2,643.1 million |
| Growth rate | 33.8% (CAGR from 2023 to 2030) |
| Largest segment | Solution |
| Fastest growing segment | Solution |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Solution |
| Key market players worldwide | Amazon Web Services, Alphabet Inc Class A, International Business Machines Corp, Microsoft Corp, Broadcom Inc, Varonis Systems Inc |
Other key industry trends
- In terms of revenue, Europe region accounted for 24.0% of the global data classification market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 3,064.5 million by 2030.
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Data Classification Market Scope
Data classification market segmentation & scope
Classification Type
Content-Based Classification
Context-Based Classification
User-Based Classification
Application
Access Control
Centralized Management
GRC
Web, Mobile & Email Protection
Vertical
Media and Entertainment
Education
Others
Telecom
BFSI
Defense and Government
Healthcare and Life Sciences
Countries
U.S.
Canada
Mexico
UK
Germany
China
India
Japan
Brazil
Data Classification Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Amazon Web Services | View profile | 10001+ | Seattle, Washington, United States, North America | http://aws.amazon.com |
| Varonis Systems Inc | View profile | 2233 | 1250 Broadway, 28th Floor, New York, NY, United States, 10001 | https://www.varonis.com |
| Broadcom Inc | View profile | 20000 | 3421 Hillview Avenue, Palo Alto, CA, United States, 94304 | https://www.broadcom.com |
| Alphabet Inc Class A | View profile | 180895 | 1600 Amphitheatre Parkway, Mountain View, CA, United States, 94043 | https://www.abc.xyz |
| Microsoft Corp | View profile | 221000 | One Microsoft Way, Redmond, WA, United States, 98052-6399 | https://www.microsoft.com |
| International Business Machines Corp | View profile | 282200 | One New Orchard Road, Armonk, NY, United States, 10504 | http://www.ibm.com |
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