This report focuses on the global Data Governance status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Data Governance development in United States, Europe and China.
Data governance is the capability that enables an organization to ensure that high data quality exists throughout the complete lifecycle of the data. The key focus areas of data governance include availability, usability, consistency, data integrity and data security and includes establishing processes to ensure effective data management throughout the enterprise such as accountability for the adverse effects of poor data quality and ensuring that the data which an enterprise has can be used by the entire organization.
The Data Governance industry was 1.10 Billion USD in 2017 and is projected to reach 3.53 Billion USD by 2023, at a CAGR (Compounded Annual Growth Rate) of 22.0% between 2017 and 2023. The market is driven by various end-user industries, such as Small and Medium-Sized Enterprises (SMEs), Large enterprises.
Large enterprises are expected to dominate the market in terms of market share, as these enterprises are continuously investing in their R&D activities to improve overall performance and provide customer satisfaction. However, the Small and Medium-Sized Enterprises (SMEs) segment is expected to exhibit a higher CAGR, owing to the availability of cloud-based data governance solutions at an effective cost. In addition to this, data governance solutions providers minimize infrastructure development costs for such applications.
North America is expected to dominate the data governance market throughout the forecast period, due to the early adoption of technologies and the presence of a large number of data governance solution providers. Asia Pacific (APAC) is estimated to grow at the highest CAGR during the forecast period. The increasing digitalization and investment in infrastructure upgrades have resulted in the higher adoption of data governance and data management solutions. The region is witnessing the increasing demand for cloud-based solutions, owing to the growing size of SMEs. Companies operating in this region provide different solutions based on organization size and their requirements.
The key players covered in this study
DATUM LLC (US)
Data Advantage Group (US)
Denodo Technologies (US)
Erwin, Inc. (US)
Global Data Excellence (Switzerland)
Global IDs (US)
IBM Corporation (US)
Informatica LLC (US)
Information Builders (US)
Magnitude Software (US)
Oracle Corporation (US)
Orchestra Networks (France)
SAP SE (Germany)
SAS Institute (US)
TIBCO Software (US)
Varonis Systems (US)
Market segment by Type, the product can be split into
Market segment by Application, split into
Small and Medium-Sized Enterprises (SMEs)
Market segment by Regions/Countries, this report covers
Central & South America
The study objectives of this report are:
To analyze global Data Governance status, future forecast, growth opportunity, key market and key players.
To present the Data Governance development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Data Governance are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.