In 2019, the market size of Data Governance Market is million US$ and it will reach million US$ in 2025, growing at a CAGR of from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2019 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Data Governance .
This report studies the global market size of Data Governance , especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
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This study presents the Data Governance Market production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. Data Governance history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global Data Governance market, the following companies are covered:
The global data governance market is expected to show stellar growth with the pressing need to capture and analyze data expanding at a lightening pace on account of the rise of digital technologies such as Internet of Things (IoT), cloud computing and big data analytics. Data management involves keeping up with regulations and compliance deadlines and improving and sustaining strategic risk management. The increasingly data-driven nature of operations across every industry sector and the higher allocation on overall IT globally will bode well for the market in the near future.
Major deterrents of the market are the complexity in classification of unstructured data and inconsistent business semantics. Further, different structures of regulatory policies and data address validation and quality issues are also restraining the market.
Global Data Governance Market: Market Potential
One factor that can slam the brakes on the swift pace of digital transformation that the world is currently witnessing is the absence of overall governance of the data used by a particular organization. Concerns over privacy, security and departmental silos are posing a challenge on sharing of data internally and externally, monetizing of data as well as the analysis of data for the benefit of the business and its customers.
For proper deployment of data governance, processes are defined concerning how the data is to be stored, archived, backed up, and protected from theft or other attacks. Data governance can be both on-premises and hosted or on-cloud. The different end-use industry verticals in the global data governance market that spell an opportunity of companies operating in the market are banking, financial services, and insurance (BFSI), telecommunications and IT, manufacturing, retail and ecommerce, healthcare and life sciences, energy and utilities, and government and defense.
Global Data Governance Market: Regional Outlook
Geography-wise, the key regions in the global data governance market are North America, Asia Pacific, Europe, the Middle East and Africa and the Rest of the World. Among them, North America holds a dominant position due to massive investments in cloud-based machine learning and big data, and the concentration of numerous vendors in the region. Europe is the next major region after North America and is expected to grow at a healthy clip in the upcoming years.
In the near future, however, Asia Pacific market – which is currently in a nascent stage – will likely clock maximum growth. At present, the region is in its initial growth phase which will likely pick up steam substantially on account of the rising demand from small and medium enterprises (SMEs) for cost-effective data governance solutions.
Global Data Governance Market: Competitive Analysis
To assess the competition in the global data governance market, the report profiles companies such as Informatica Corporation, IBM Corporation, SAS Institute Inc, Oracle Corporation, Collibra, Inc, SAP SE, TIBCO Software Inc., and Talend, Inc. The report sheds light on their key business strategies and trajectory so far, while also bringing to the fore their market shares and revenues.
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The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Data Governance product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Data Governance , with price, sales, revenue and global market share of Data Governance in 2017 and 2019.
Chapter 3, the Data Governance competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Data Governance breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
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Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Data Governance market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Data Governance sales channel, distributors, customers, research findings and conclusion, appendix and data source.
This post was originally published on Food and Beverage Herald