Data Governance Market by Component (Solution and Service), Application (Incident Adjustment Management, Risk Management, Sales & Marketing Optimization), Deployment, Vertical, Business Function & Region - Global Forecast to 2021

  • ID: 4059999
  • Report
  • Region: Global
  • 154 Pages
  • Markets and Markets
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The Global Data Governance Market Size is Estimated to Grow from USD 863.2 Million in 2016 to USD 2,234.7 Million by 2021, at a Compound Annual Growth Rate (CAGR) of 21.0%

FEATURED COMPANIES

  • Alation Inc.
  • Data3sixty, Inc.
  • Informatica Corporation
  • Oracle Corporation
  • Reltio Inc.
  • SAS Institute, Inc.
  • MORE

“Need to meet regulations and compliance deadlines is one of the biggest drivers for the data governance market globally”

The global data governance market size is estimated to grow from USD 863.2 million in 2016 to USD 2,234.7 million by 2021, at a Compound Annual Growth Rate (CAGR) of 21.0%.

The need to meet regulations & compliance deadlines and need to improve & sustain strategic risk management has fueled the growth of data governance solutions and services. However, varying structure of regulatory policies and data address validation & quality issues are the restraining factors for the data governance market.

“The data governance solutions accounts for the largest market share during the forecast period”

The data governance market by solutions is estimated to grow with the largest market share during the forecast period. Data governance solutions are used in various verticals and have various applications. The software helps understand & promote the value of data, resolve data related issues, track & oversees the delivery of data projects and services and define, approve, and maintain data strategies.

Based on the data, organizations could generate business-related insights and plan the next step accordingly, when any fault occurs. Data governance solutions include data masking, data archiving, data catalog, data dictionary, access control, data collaboration and compliance, and policy management.

“Asia-Pacific (APAC) is projected to grow at the highest rate during the forecast period”

North America holds the largest market share in 2016 and the trend is expected to continue in the coming years. The data governance market is showing strong positive trends in the region as several companies and industries are adopting data governance software at various levels, as a part of their strategy to strive in the market and increase their productivity.

The APAC market is expected to witness exponential growth and is projected to be the fastest-growing region for the global data governance market. This is due to the rising need to adhere to compliance and regulations being defined by regulatory bodies and organizations.

In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews were conducted with key people.

The break-up of profiles of primary participants is given below:

  • By Company Type: Tier 1: 20%, Tier 2: 26%, and Tier 3: 59%
  • By Designation: C-level: 35%, Director level: 50%, and Others: 15%
  • By Region: North America: 35%, Europe: 28%, APAC: 22% and RoW: 15%

The various key vendors profiled in the report are as follows:

  • Collibra, Inc. (Brussels, Belgium)
  • Informatica Corporation (California, U.S.)
  • SAS Institute Inc. (North Carolina, U.S.)
  • IBM Corporation (New York, U.S.)
  • Oracle Corporation (California, U.S.)
  • SAP SE (Walldorf, Germany)
  • TIBCO Software Inc. (California, U.S.)
  • Talend Inc. (California, U.S.)
  • Information Builders (New York, U.S.)
  • Varonis Systems Inc. (New York, U.S.)
  • Orchestra Networks (Paris, France)

Research Coverage:

  • The report segments the data governance market on the basis of component, which includes solutions & services; services segment is further segmented into managed services and professional services.
  • Under professional services, the report is further segmented into support & maintenance and consulting services, under deployment models it is segmented into cloud and on-premises, under applications it is segmented into incident adjustment management, risk management, sales & marketing optimization, product & process management, and others.
  • Under verticals, it includes Banking, Financial Services, & Insurance (BFSI), telecommunications & IT, retail & e-commerce, healthcare & life-sciences, manufacturing, government & defense, energy & utilities, construction & engineering, and others (research, education, travel & hospitality, BPO), whereas in regions, it is segmented into North America, Europe, APAC, Middle East & Africa (MEA), and Latin America.

Reasons to Buy the Report:

  • To get a comprehensive overview of the global data governance market
  • To gain wide information about the top players in this market sphere, their product portfolios, and key strategies adopted by them
  • To gain insights of the major countries/regions, in which the data governance market is flourishing in various industries
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FEATURED COMPANIES

  • Alation Inc.
  • Data3sixty, Inc.
  • Informatica Corporation
  • Oracle Corporation
  • Reltio Inc.
  • SAS Institute, Inc.
  • MORE

1 Introduction
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
           1.3.1 Markets Covered
           1.3.2 Years Considered for the Study
    1.4 Currency
    1.5 Limitations
    1.6 Stakeholders

2 Research Methodology
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Key Industry Insights
                    2.1.2.3 Breakdown of Primaries
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
           2.2.2 Top-Down Approach
    2.3 Market Breakdown and Data Triangulation
    2.4 Research Assumptions
           2.4.1 Assumptions

3 Executive Summary

4 Premium Insights
    4.1 Attractive Market Opportunities in the Data Governance Market
    4.2 Data Governance Market: Market Share Across Various Regions
    4.3 Data Governance Market: By Industry Vertical and By Region
    4.4 Lifecycle Analysis, By Region, 2016

5 Market Overview
    5.1 Introduction
    5.2 Evolution
    5.3 Market Segmentation
           5.3.1 By Component
           5.3.2 By Application
           5.3.3 By Deployment Model
           5.3.4 By Business Function
           5.3.5 By Industry Vertical
           5.3.6 By Region
    5.4 Market Dynamics
           5.4.1 Drivers
                    5.4.1.1 Regulations and Compliance Deadlines
                    5.4.1.2 Improving and Sustaining Strategic Risk Management
           5.4.2 Restraints
                    5.4.2.1 Varying Structure of Regulation Policies
                    5.4.2.2 Data Address Validation and Quality Issues
           5.4.3 Opportunities
                    5.4.3.1 Automation of Governance Policies to Manage Mdm
                    5.4.3.2 Deployment of Specific Tools and Technologies to Increase Data Access and Data Convergence
           5.4.4 Challenges
                    5.4.4.1 Categorization of Unstructured Data
                    5.4.4.2 Inconsistent Business Semantics

6 Industry Trends
    6.1 Introduction
    6.2 Value Chain Analysis
    6.3 Strategic Benchmarking
    6.4 Use Cases
           6.4.1 Use Case 1
           6.4.2 Use Case 2
           6.4.3 Use Case 3
           6.4.4 Use Case 4
    6.5 Technology Trends and Standards
           6.5.1 Introduction
           6.5.2 Acts and Regulations for Data Governance
                    6.5.2.1 Health Insurance Portability and Accountability Act (HIPAA) of 1996
                    6.5.2.2 Health Information Technology for Economic and Clinical Health (HITECH) Act
                    6.5.2.3 Sarbanes-Oxley Act of 2002
                    6.5.2.4 European Market Infrastructure Regulation (EMIR)

7 Data Governance Market Analysis, By Component
    7.1 Introduction
    7.2 Solutions
    7.3 Services
           7.3.1 Managed Services
           7.3.2 Professional Services
                    7.3.2.1 Consulting Services
                    7.3.2.2 Support and Maintenance Services

8 Data Governance Market Analysis, By Application
    8.1 Introduction
    8.2 Incident Adjustment Management
    8.3 Risk Management
    8.4 Sales and Marketing Optimization
    8.5 Product and Process Management
    8.6 Others

9 Data Governance Market Analysis, By Business Function
    9.1 Introduction
    9.2 Finance
    9.3 Information Technology
    9.4 Legal
    9.5 Operations

10 Data Governance Market Analysis, By Deployment Model
     10.1 Introduction
     10.2 On-Premises
     10.3 Cloud

11 Data Governance Market Analysis, By Vertical
     11.1 Introduction
     11.2 Banking, Financial Services, and Insurance (BFSI)
     11.3 Telecommunications and IT
     11.4 Retail and E-Commerce
     11.5 Healthcare
     11.6 Manufacturing
     11.7 Government and Defense
     11.8 Energy and Utilities
     11.9 Construction and Engineering
     11.10 Others (Research, Education, BPO and Travel & Hospitality)

12 Geographic Analysis
     12.1 Introduction
     12.2 North America
     12.3 Europe
     12.4 Asia-Pacific
     12.5 Middle East and Africa
     12.6 Latin America

13 Competitive Landscape
     13.1 Overview
     13.2 Competitive Situations and Trends
             13.2.1 New Product Launches
             13.2.2 Partnerships, Agreements, and Collaborations
             13.2.3 Expansions
             13.2.4 Merger and Acquisitions

14 Company Profiles
     14.1 Introduction
     14.2 Collibra, Inc.
     14.3 Informatica Corporation
     14.4 SAS Institute, Inc.
     14.5 International Business Machines Corporation
     14.6 Oracle Corporation
     14.7 SAP SE
     14.8 Tibco Software, Inc.
     14.9 Talend, Inc.
     14.10 Trillium Software (Syncsort)
     14.11 Information Builders, Inc.
     14.12 Varonis Systems, Inc.
     14.13 Orchestra Networks

15 Key Innovators
     15.1 Reltio Inc.
     15.2 Magnitude Software, Inc.
     15.3 Alation Inc.
     15.4 Data3sixty, Inc.
     15.5 Global Data Excellence

List of Tables
Table 1 Data Governance Market Size and Growth, 2014-2021 (USD Million, Y-O-Y %)
Table 2 Data Governance Market Size, By Component, 2014-2021 (USD Million)
Table 3 Solutions: Data Governance Market Size, By Region, 2014-2021 (USD Million)
Table 4 Services: Data Governance Market Size, By Type, 2014-2021 (USD Million)
Table 5 Managed Services: Data Governance Market Size, By Region, 2014-2021 (USD Million)
Table 6 Professional Services: Data Governance Market Size, By Region, 2014-2021 (USD Million)
Table 7 Consulting Services: Data Governance Market Size, By Region, 2014-2021 (USD Million)
Table 8 Support and Maintenance Services: Data Governance Market Size, By Region, 2014-2021 (USD Million)
Table 9 Data Governance Market Size, By Application, 2014-2021 (USD Million)
Table 10 Incident Adjustment Management: Data Governance Market Size, By Region, 2014-2021 (USD Million)
Table 11 Risk Management: Data Governance Market Size, By Region, 2014-2021 (USD Million)
Table 12 Sales and Marketing Optimization: Data Governance Market Size, By Region, 2014-2021 (USD Million)
Table 13 Product and Process Management: Data Governance Market Size, By Region, 2014-2021 (USD Million)
Table 14 Others: Data Governance Market Size, By Region, 2014-2021 (USD Million)
Table 15 Data Governance Market Size, By Business Function, 2014-2021 (USD Million)
Table 16 Finance: Data Governance Market Size, By Region, 2014-2021 (USD Million)
Table 17 Information Technology: Data Governance Market Size, By Region, 2014-2021 (USD Million)
Table 18 Legal: Data Governance Market Size, By Region, 2014-2021 (USD Million)
Table 19 Operations: Data Governance Market Size, By Region, 2014-2021 (USD Million)
Table 20 Data Governance Market Size, By Deployment Model, 2014-2021 (USD Million)
Table 21 On-Premises: Data Governance Market Size, By Region, 2014-2021 (USD Million)
Table 22 Cloud: Data Governance Market Size, By Region, 2014-2021 (USD Million)
Table 23 Data Governance Market Size, By Vertical, 2014-2021 (USD Million)
Table 24 BFSI: Data Governance Market Size, By Region, 2014-2021 (USD Million)
Table 25 Telecommunications and IT: Data Governance Market Size, By Region, 2014-2021 (USD Million)
Table 26 Retail and E-Commerce: Data Governance Market Size, By Region, 2014-2021 (USD Million)
Table 27 Healthcare: Data Governance Market Size, By Region, 2014-2021 (USD Million)
Table 28 Manufacturing: Data Governance Market Size, By Region, 2014-2021 (USD Million)
Table 29 Government and Defense: Data Governance Market Size, By Region, 2014-2021 (USD Million)
Table 30 Energy and Utilities: Data Governance Market Size, By Region, 2014-2021 (USD Million)
Table 31 Construction and Engineering: Data Governance Market Size, By Region, 2014-2021 (USD Million)
Table 32 Others: Data Governance Market Size, By Region, 2014-2021 (USD Million)
Table 33 Data Governance Market Size, By Region, 2014-2021 (USD Million)
Table 34 North America: Data Governance Market Size, By Component, 2014-2021 (USD Million)
Table 35 North America: Data Governance Market Size, By Service, 2014-2021 (USD Million)
Table 36 North America: Data Governance Market Size, By Professional Service, 2014-2021 (USD Million)
Table 37 North America: Data Governance Market Size, By Application, 2014-2021 (USD Million)
Table 38 North America: Data Governance Market Size, By Business Function, 2014-2021 (USD Million)
Table 39 North America: Data Governance Market Size, By Deployment Model, 2014-2021 (USD Million)
Table 40 North America: Data Governance Market Size, By Vertical, 2014-2021 (USD Million)
Table 41 Europe: Data Governance Market Size, By Component, 2014-2021 (USD Million)
Table 42 Europe: Data Governance Market Size, By Service, 2014-2021 (USD Million)
Table 43 Europe: Data Governance Market Size, By Professional Service, 2014-2021 (USD Million)
Table 44 Europe: Data Governance Market Size, By Application, 2014-2021 (USD Million)
Table 45 Europe: Data Governance Market Size, By Business Function, 2014-2021 (USD Million)
Table 46 Europe: Data Governance Market Size, By Deployment Model, 2014-2021 (USD Million)
Table 47 Europe: Data Governance Market Size, By Vertical, 2014-2021 (USD Million)
Table 48 Asia-Pacific: Data Governance Market Size, By Component, 2014-2021 (USD Million)
Table 49 Asia-Pacific: Data Governance Market Size, By Service, 2014-2021 (USD Million)
Table 50 Asia-Pacific: Data Governance Market Size, By Professional Service, 2014-2021 (USD Million)
Table 51 Asia-Pacific: Data Governance Market Size, By Application, 2014-2021 (USD Million)
Table 52 Asia-Pacific: Data Governance Market Size, By Business Function, 2014-2021 (USD Million)
Table 53 Asia-Pacific: Data Governance Market Size, By Deployment Model, 2014-2021 (USD Million)
Table 54 Asia-Pacific: Data Governance Market Size, By Vertical, 2014-2021 (USD Million)
Table 55 Middle East and Africa: Data Governance Market Size, By Component, 2014-2021 (USD Million)
Table 56 Middle East and Africa: Data Governance Market Size, By Service, 2014-2021 (USD Million)
Table 57 Middle East and Africa: Data Governance Market Size, By Professional Service, 2014-2021 (USD Million)
Table 58 Middle East and Africa: Data Governance Market Size, By Application, 2014-2021 (USD Million)
Table 59 Middle East and Africa: Data Governance Market Size, By Business Function, 2014-2021 (USD Million)
Table 60 Middle East and Africa: Data Governance Market Size, By Deployment Model, 2014-2021 (USD Million)
Table 61 Middle East and Africa: Data Governance Market Size, By Vertical, 2014-2021 (USD Million)
Table 62 Latin America: Data Governance Market Size, By Component, 2014-2021 (USD Million)
Table 63 Latin America: Data Governance Market Size, By Service, 2014-2021 (USD Million)
Table 64 Latin America: Data Governance Market Size, By Professional Service, 2014-2021 (USD Million)
Table 65 Latin America: Data Governance Market Size, By Application, 2016-2021 (USD Million)
Table 66 Latin America: Data Governance Market Size, By Business Function, 2014-2021 (USD Million)
Table 67 Latin America: Data Governance Market Size, By Deployment Model, 2014-2021 (USD Million)
Table 68 Latin America: Data Governance Market Size, By Vertical, 2014-2021 (USD Million)
Table 69 New Product Launches, 2016
Table 70 Partnerships, Agreements, and Collaborations, 2016
Table 71 Expansions, 2015-2016
Table 72 Merger and Acquisitions, 2016-2015

List of Figures
Figure 1 Data Governance Market: Research Design
Figure 2 Market Size Estimation Methodology: Bottom-Up Approach
Figure 3 Market Size Estimation Methodology: Top-Down Approach
Figure 4 Data Triangulation
Figure 5 The Data Governance Market is Poised to Witness Growth Globally During the Period 2016-2021
Figure 6 Data Governance Market Snapshot on the Basis of Components (2016 vs 2021)
Figure 7 Data Governance Market Snapshot on the Basis of Services (2016-2021)
Figure 8 Data Governance Market Snapshot on the Basis of Application (2016-2021)
Figure 9 Data Governance Market Snapshot on the Basis of Deployment Model(2016-2021)
Figure 10 Data Governance Market Snapshot on the Basis of Industry Vertical (2016 vs 2021)
Figure 11 Data Governance Market Snapshot on the Basis of Business Function (2016-2021)
Figure 12 Need to Meet Regulations & Compliance Deadlines is Expected to Boost Opportunities in the Data Governance Market
Figure 13 North America is Expected to Dominate the Data Governance Market in 2016
Figure 14 Banking, Financial Services, and Insurance and North America are Expected to Have the Largest Market Size in 2016
Figure 15 Regional Lifecycle: Asia-Pacific and Europe is Expected to Be in the Growth Phase in 2016
Figure 16 Data Governance Market: Evolution
Figure 17 Data Governance Market Segmentation: By Component
Figure 18 Data Governance Market Segmentation: By Application
Figure 19 Data Governance Market Segmentation: By Deployment Model
Figure 20 Data Governance Market Segmentation: By Business Function
Figure 21 Data Governance Market Segmentation: By Industry Vertical
Figure 22 Data Governance Market Segmentation: By Region
Figure 23 Data Governance Market: Drivers, Restraints, Opportunities, and Challenges
Figure 24 Data Governance Market: Value Chain Analysis
Figure 25 Data Governance Market: Strategic Benchmarking
Figure 26 Services Segment is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 27 Managed Services Segment is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 28 Consulting Services Segment is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 29 Risk Management Application is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 30 Operations Business Function is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 31 Cloud Deployment Model is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 32 Manufacturing Vertical is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 33 Geographic Snapshot: North America is Expected to Have the Largest Market Share During the Forecast Period
Figure 34 APAC is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 35 North America Market Snapshot
Figure 36 Asia-Pacific Market Snapshot
Figure 37 Companies Adopted the Strategy of Partnerships, Agreements, and Collaborations as the Key Growth Strategy From 2014 to 2016
Figure 38 Market Evaluation Framework
Figure 39 Battle for Market Share: the Strategy of Partnerships, Agreements, and Collaborations Was the Key Strategy Adopted By Key Players in the Data Governance Market During 2014-2016
Figure 40 Geographic Revenue Mix of Top Five Market Players
Figure 41 Collibra, Inc.: SWOT Analysis
Figure 42 Informatica Corporation: Company Snapshot
Figure 43 Informatica Corporation: SWOT Analysis
Figure 44 SAS Institute, Inc.: Company Snapshot
Figure 45 SAS Institute, Inc.: SWOT Analysis
Figure 46 International Business Machines Corporation: Company Snapshot
Figure 47 International Business Machines Corporation: SWOT Analysis
Figure 48 Oracle Corporation: Company Snapshot
Figure 49 Oracle Corporation: SWOT Analysis
Figure 50 SAP SE: Company Snapshot
Figure 51 SAP SE: SWOT Analysis
Figure 52 Tibco Software, Inc.: SWOT Analysis
Figure 53 Varonis Systems, Inc.: Company Snapshot

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FEATURED COMPANIES

  • Alation Inc.
  • Data3sixty, Inc.
  • Informatica Corporation
  • Oracle Corporation
  • Reltio Inc.
  • SAS Institute, Inc.
  • MORE

Data governance is the organizing framework for establishing strategy, policy, and objectives, to manage and change the way data assets are acquired, managed, maintained, and transformed into information shared across the company and leveraged to consistently improve business profitability. Major drivers of the market include need to meet regulations & compliance deadlines and to improve & sustain strategic risk management. The data governance market faces challenges, such as categorization of unstructured data and inconsistent business semantics. Major factor that is restraining the growth of the data governance market is varying structure of regulatory policies & data address validation & quality issues.

The data governance market is estimated to grow from USD 863.2 Million in 2016 to USD 2,234.7 Million by 2021, at a high Compound Annual Growth Rate (CAGR) of 21.0% during the forecast period. Due to the necessity to determine who owns the data, how sensitive the data is, and who should have access to it, will propel the growth of the market. The report provides detailed insights into the global market, which is segmented by component, application, deployment model, industry vertical, business function, and region. In component, data governance market solutions segment is expected to have the largest market share during the forecast period.

In business function, Finance finds surplus applications which can benefit by adapting data governance technologies. Sales & marketing optimization application, which is applicable across all the major industry verticals is expected to have the largest market share. Considering today’s highly competitive environment, the need to promote and manage sales and marketing activities to help companies gain recognition among consumers and is also considered as a prime parameter to increase profits.

Cloud deployment model has a higher adoption, as compared to the on-premises deployment model. This is mainly because of it attributes, such as flexibility & scalability and privacy based enhancements being provided over the cloud at reasonable prices. The Baking, Financial Services, & Insurance (BFSI) segment has shown the largest market share in vertical segment, where solutions are used to tackle issues such as insufficient data modeling capabilities. It helps identify critical data and traps them with basic rules to help secure it. However, the retail & e-commerce is poised to grow at the highest rate during the forecast period, which will help them work with highly sensitive data being ingested in real-time from sensors and devices.

In organizations, among business functions, operations segment is expected to have the highest adoption rate of data governance solutions, due to the availability of low cost cloud deployments options. The ever-growing volume of sensitive data, because of the use of mobile applications, and high-end analytics software are the major factors for adoption of data governance solutions and services in operations.

The report covers all the major aspects of the data governance market and provides an in-depth analysis across the regions of North America, Europe, Asia-Pacific (APAC), Middle East & Africa (MEA), and Latin America. The market in North America is expected to hold the largest market share. The APAC region is projected to have great opportunities in this market and to grow at the highest CAGR by 2021. This is due to the massive growth of data through IoT and other connected devices.

Major vendors that offer data governance offerings globally are Collibra, Inc. (Brussels, Belgium), Informatica Corporation (California ,U.S.), SAS Institute Inc. (North Carolina, U.S.), IBM Corporation (New York, U.S.), Oracle Corporation (California, U.S.), SAP SE (Walldorf, Germany), TIBCO Software Inc. (California, U.S.), Talend Inc.(California, U.S.), Information Builders (New York, U.S.), Varonis Systems Inc. (New York, U.S.), and  Orchestra Networks (Paris, France). These vendors adopted different types of organic as well as inorganic growth strategies such as new product launches, partnerships, and collaborations to expand their offerings in the data governance market.

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  • Alation Inc.
  • Collibra, Inc.
  • Data3sixty, Inc.
  • Global Data Excellence
  • Informatica Corporation
  • Information Builders, Inc.
  • International Business Machines Corporation
  • Magnitude Software, Inc.
  • Oracle Corporation
  • Orchestra Networks
  • Reltio Inc.
  • SAP SE
  • SAS Institute, Inc.
  • Talend, Inc.
  • Tibco Software, Inc.
  • Trillium Software (Syncsort)
  • Varonis Systems, Inc.
Note: Product cover images may vary from those shown
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