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Sensitive Data Discovery Market Predicted To Grow USD 12.4 Billion By 2026, Trends and Forecast Report by MarketsandMarkets™ Sensitive Data Discovery Market The report "Sensitive Data Discovery Market by Component, Organization Size, Deployment Mode, Application (Security and Risk Management, Compliance Management, Asset Management), Vertical (BFSI, Healthcare and Life Sciences), and Region - Global Forecast to 2026" The global sensitive data discovery market size to grow from USD 5.1 billion in 2020 to USD 12.4 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 16.1% during the forecast period. Various factors such as the growing need to discover sensitive structured and unstructured data, increasing investments in data privacy with evolving regulations, and rise in remote workers and real-time data access are expected to drive the adoption of the sensitive data discovery solutions and services. Browse 185 market data Tables and 66 Figures spread through 295 Pages and in-depth TOC on "Sensitive Data Discovery Market by Component, Organization Size, Deployment Mode, Application (Security and Risk Management, Compliance Management, Asset Management), Vertical (BFSI, Healthcare and Life Sciences), and Region - Global Forecast to 2026 " Request Free Sample Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=191231584 The services segment to grow at a higher CAGR during the forecast period The sensitive data discovery market is segmented on the basis of components into solutions and services. Services are further segmented into professional and managed services. Professional services include consulting, deployment and integration, and support and maintenance services. The demand for professional services is expected to rise due to a rise in tailored demand for customers. Customers are coming up with customization requirements in the already installed sensitive data discovery solutions to enhance the overall performance. Among verticals, the healthcare and life sciences segment to grow at the highest CAGR during the forecast period The sensitive data discovery market is segmented on verticals into BFSI, government, healthcare, and life sciences, retail, manufacturing, telecommunications and IT, and other verticals (education, and travel and hospitality). The BFSI vertical is expected to account for the largest market size during the forecast period. Moreover, the healthcare and life sciences vertical is expected to grow at the highest CAGR during the forecast period. During the COVID-19 pandemic, healthcare researchers and hospitals are dealing with enormous data, which has created a massive need for efficient sensitive data discovery and management. Sensitive data discovery enables healthcare companies to locative sensitive data such as Protected Health Information (PHI) that were traditionally impossible to handle.