Global Data Governance Market size was valued at USD 3.84 Bn in 2023 and is expected to reach USD 15.73 Bn by 2030, at a CAGR of 22.32 % over the forecast period.
Data Governance Market Overview:
The Data Governance Market analysis provides a comprehensive picture of competition, including the market share and company profiles of the worldwide industry’s top rivals. The research scope covers a complete analysis of the Data Governance Market, as well as the causes for variances in the industry’s growth in various places
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Data Governance Market Scope:
To identify and collect material suitable for this study, this research study makes considerable use of secondary sources, directories, and databases, such as annual reports, press releases, journals, corporate websites, and databases.
Data Governance Market Drivers:
High-quality data is the lifeblood of effective decision-making and operational efficiency. Data governance plays a pivotal role in maintaining data quality by enforcing standards for data accuracy, consistency, completeness, and reliability. The data governance market is experiencing significant growth and evolution, driven by a multitude of factors that highlight its pivotal role in modern organizations. Data governance has become increasingly critical as data volumes expand, regulatory pressures intensify, and organizations recognize the value of high-quality, well-managed data. The relentless pursuit of digital transformation requires organizations to harness data effectively.
Data governance serves as the bedrock of these initiatives, ensuring data is efficiently managed, integrated, and leveraged for advanced technologies like analytics, artificial intelligence, and automation. Businesses increasingly recognize the inherent value of their data assets. Data governance enables organizations to monetize their data by selling it, sharing it with partners, or leveraging it to create new revenue streams and business models. Effective data governance solution also helps business address data privacy and security issues that are increasingly taking center stage with rising data breaches over the past years. Data governance tools are used to make data governance planning easier with definitions. Effective data governance solution also helps business address data privacy and security issues that are increasingly taking center stage with rising data breaches over the forecast period in the worldwide big data governance market.
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Data Governance Market Segmentation:
by Component
Solutions
Services
by Application
Incident management
Process management
Compliance management
Risk management
Audit management
Data quality and security management
Others
by Organization Size
Small & Medium Enterprises
Large Enterprises
by Deployment Model
On-premises
Cloud
by Industry Vertical
BFSI
Government and defense
Construction and engineering
Retail and eCommerce
Healthcare & Life science
Telecommunications and IT
Manufacturing
Energy and utilities
Others
Data Governance Market Key Players: The key players are
North America:
1. Informatica
2. Oracle Corporation
3. TIBCO Software
4. Infogix
5. Varonis Systems
6. Collibra
7. IBM
8. Talend
9. SAS Institute
10. Alation
11. Informatica
12. TIBCO Software
13. Erwin
14. Datameer
15. Collibra
16. Reltio
17. Denodo Technologies
18. Quest
Europe:
19. Ataccama
20. Datumize
21. erwin, Inc.
22. Varonis
23. TopQuadrant
24. IRI
Asia-Pacific:
25. Alation
26. Gimmal
27. China National Offshore Oil Corporation
Latin America:
28. Datameer
29. Infogix
30. IDERA
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Regional Analysis:
Individual market influencing elements and changes in market legislation that affect current and future market trends are also included in the regional component of the Data Governance Market study. Current and future trends are examined to assess the entire market potential and uncover profitable trends to get a more stable footing. The geographical market assessment is based on the present environment and expected developments.
Key Questions Answered in the Data Governance Market Report are:
1] What is the growth rate of the Global Data Governance Market?
2] Which region is expected to dominate the Global Data Governance Market during the forecast period?
3] What is the expected Global Data Governance Market size by 2030?
4] Who are the top players in the Global Data Governance Industry?
5] Which factors are expected to drive the Global Data Governance Market growth by 2030?
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