Data Governance Market by Application (Incident Management, Process Management, Compliance Management, Risk Management), Business Function, Component, Deployment Model, Organization Size, Industry Vertical, and Region - Global Forecast to 2023

  • ID: 4520324
  • Report
  • Region: Global
  • 181 Pages
  • Markets and Markets
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Data Governance Market Size Estimated to be USD 1.31 Billion in 2018 and Expected to Reach USD 3.53 Billion by 2023, Growing at a CAGR of 22.0%

FEATURED COMPANIES

  • Alation
  • Datum LLC
  • Global IDS
  • Information Builders
  • Reltio
  • Talend
  • MORE

The data governance market size is estimated to be USD 1.31 billion in 2018 and is expected to reach USD 3.53 billion by 2023, growing at a Compound Annual Growth Rate (CAGR) of 22.0% during the forecast period. The rapidly increasing growth in data volumes, rising regulatory and compliance mandates, and enhancing strategic risk management and decision-making with the increasing business collaborations are expected to propel the growth of the data governance market.

Among various applications, the compliance management application segment is expected to grow at the fastest rate, due to the fact that compliance management applications enable organizations to test, remediate, attest, and manage their corporate structure. Compliance management applications enable organizations to implement, manage, monitor, and measure the effectiveness of their governance and compliance strategies. In addition to this, cloud-based compliance management applications provide organizations with all the necessary tools for creating an effective internal management system. The collaborative workspace helps process managers in determining organizations’ compliance level.

The retail and eCommerce industry vertical is expected to grow at the highest CAGR during the forecast period, as it is creating large volumes of data which is ultimately driving the need for efficient data governance solutions in this industry vertical. The increasing demand for cross-border eCommerce and a high internet penetration in different regions are driving the retail and eCommerce industry vertical to adopt data governance technologies.

The Small and Medium-sized Enterprises (SMEs) segment is expected to achieve the fastest growth rate, primarily due to the surge in the adoption of customer data and product data applications across all regions. SMEs are focusing on deploying data governance solutions to secure their data and govern its usage as per the regulatory aspects. Companies launch cost-effective data governance solutions to cater to SMEs and meet their requirements.

Data governance solutions and services have become essential for the IT department of organizations, as it plays a vital role in improving the reliability, security, sustainability, and performance of organizations. The finance business function segment is expected to be the highest revenue generator during the forecast period. The finance department engages in measuring and improving the financial performance of organizations. Companies have to continuously monitor different regulatory requirements set by regional government authorities. Such vigilance enables companies to avoid non-compliance penalties imposed by regulatory authorities.

North America is expected to dominate the data governance market throughout the forecast period, owing to the early adoption of technologies and the presence of a large number of data governance solution providers. Asia Pacific (APAC) is expected 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. APAC 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.

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FEATURED COMPANIES

  • Alation
  • Datum LLC
  • Global IDS
  • Information Builders
  • Reltio
  • Talend
  • MORE

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

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

3 Executive Summary

4 Premium Insights
    4.1 Attractive Opportunities in the Data Governance Market
    4.2 Market Share, By Region
    4.3 Life Cycle Analysis, By Region, 2018

5 Market Overview and Industry Trends
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Rapid Growth in Data Volumes
                    5.2.1.2 Regulatory and Compliance Mandates
                    5.2.1.3 Enhancing Strategic Risk Management and Decision-Making With Increasing Business Collaborations
           5.2.2 Restraints
                    5.2.2.1 The Ever-Changing Regulatory Framework
           5.2.3 Opportunities
                    5.2.3.1 Effective Data Governance Would Provide A Leading Competitive Edge
                    5.2.3.2 Growing Applications of AI in Data Governance
           5.2.4 Challenges
                    5.2.4.1 Higher Investment to Procure Sophisticated Data Governance Solutions
                    5.2.4.2 Complexities Related to Governing Security Across Byod and Cloud Platforms
    5.3 Industry Trends
           5.3.1 Data Governance Process
                    5.3.1.1 Identify the Business Areas That Need Improvement
                    5.3.1.2 Improve the Reach of Information
                    5.3.1.3 Define Rules, Responsibilities, and Roles Across the Organization
                    5.3.1.4 Enhance the Integrity of Information Assets
                    5.3.1.5 Develop the Master Data and Accountability Structure
                    5.3.1.6 Establish A Feedback Mechanism
           5.3.2 Use Cases
                    5.3.2.1 Introduction
                    5.3.2.2 Use Case 1: Leading Healthcare Organization Needed A Data Governance Solution to Provide Data Access to Users
                    5.3.2.3 Use Case 2: Leading Financial Services Organization Needed Solution to Perform Risk and Policy Management
                    5.3.2.4 Use Case 3: Leading Retailer Streamlined Data Management With Data Stewardship
                    5.3.2.5 Use Case 4: Data Governance Solution to Improve Customer Service and Reduce Operation Costs
                    5.3.2.6 Use Case 5: Financial Firm Streamlined Data Governance Practices With Metadata Management
           5.3.3 Regulations for Data Governance Industry
                    5.3.3.1 Health Insurance Portability and Accountability Act (HIPAA) of 1996
                    5.3.3.2 Health Information Technology for Economic and Clinical Health (Hitech) Act
                    5.3.3.3 Sarbanes-Oxley Act of 2002 (SOX)
                    5.3.3.4 European Market Infrastructure Regulation (EMIR)
                    5.3.3.5 Eu General Data Protection Regulation (GDPR)

6 Data Governance Market, By Application
    6.1 Introduction
    6.2 Incident Management
    6.3 Process Management
    6.4 Compliance Management
    6.5 Risk Management
    6.6 Audit Management
    6.7 Data Quality and Security Management
    6.8 Others

7 Data Governance Market, By Business Function
    7.1 Introduction
    7.2 Finance
    7.3 Information Technology
    7.4 Legal
    7.5 Operations
    7.6 Human Resources
    7.7 Sales and Marketing

8 Market By Component
    8.1 Introduction
    8.2 Solution
    8.3 Services
           8.3.1 Managed Services
           8.3.2 Professional Services
                    8.3.2.1 Consulting Services
                    8.3.2.2 Support and Maintenance Services

9 Market By Deployment Model
    9.1 Introduction
    9.2 On-Premises
    9.3 Cloud

10 Data Governance Market, By Organization Size
     10.1 Introduction
     10.2 Small and Medium-Sized Enterprises
     10.3 Large Enterprises

11 Data Governance Market, By Industry Vertical
     11.1 Introduction
     11.2 Banking, Financial Services, and Insurance
     11.3 Retail and Ecommerce
     11.4 Government and Defense
     11.5 Healthcare and Life Sciences
     11.6 Manufacturing
     11.7 Telecommunications and It
     11.8 Energy and Utilities
     11.9 Construction and Engineering
     11.10 Others

12 Data Governance Market, By Region
     12.1 Introduction
     12.2 North America
     12.3 Europe
     12.4 APAC
     12.5 Latin America
     12.6 Middle East and Africa

13 Competitive Landscape
     13.1 Overview
     13.2 Prominent Players in the Market
     13.3 Competitive Scenario
             13.3.1 New Product Launches and Product Upgradations
             13.3.2 Partnerships and Collaborations
             13.3.3 Business Expansions
             13.3.4 Acquisitions

14 Company Profiles
(Business Overview, Products Offered, Recent Developments, View, SWOT Analysis)*
     14.1 Introduction
     14.2 IBM
     14.3 Oracle
     14.4 SAP
     14.5 SAS Institute
     14.6 Collibra
     14.7 Informatica
     14.8 Talend
     14.9 Topquadrant
     14.10 Information Builders
     14.11 Alation
     14.12 Tibco
     14.13 Varonis
     14.14 Orchestra Networks
     14.15 Datum LLC
     14.16 Erwin, Inc.
     14.17 Data Advantage Group
     14.18 Syncsort
     14.19 Infogix
     14.20 Magnitude Software
     14.21 Ataccama
     14.22 Reltio
     14.23 Global Data Excellence
     14.24 Global IDS
     14.25 Innovative Routines International
     14.26 Denodo

*Business Overview, Products Offered, Recent Developments, View, SWOT Analysis Might Not Be Captured in Case of Unlisted Companies.

List of Tables
Table 1 United States Dollar Exchange Rate, 2014-2017
Table 2 Data Governance Market Size and Growth Rate, 2016-2023 (USD Million, Y-O-Y %)
Table 3 Market Size By Application, 2016-2023 (USD Million)
Table 4 Incident Management: Market Size, By Region, 2016-2023 (USD Million)
Table 5 Process Management: Market Size, By Region, 2016-2023 (USD Million)
Table 6 Compliance Management: Market Size, By Region, 2015-2022 (USD Million)
Table 7 Risk Management: Market Size, By Region, 2016-2023 (USD Million)
Table 8 Audit Management: Market Size, By Region, 2016-2023 (USD Million)
Table 9 Data Quality and Security Management: Market Size, By Region, 2016-2023 (USD Million)
Table 10 Others: Market Size, By Region, 2016-2023 (USD Million)
Table 11 Data Governance Market Size, By Business Function, 2016-2023 (USD Million)
Table 12 Finance: Market Size, By Region, 2016-2023 (USD Million)
Table 13 Information Technology: Market Size, By Region, 2016-2023 (USD Million)
Table 14 Legal: Market Size, By Region, 2016-2023 (USD Million)
Table 15 Operations: Market Size, By Region, 2016-2023 (USD Million)
Table 16 Human Resources: Market Size, By Region, 2016-2023 (USD Million)
Table 17 Sales and Marketing: Market Size, By Region, 2016-2023 (USD Million)
Table 18 Data Governance Market Size, By Component, 2016-2023 (USD Million)
Table 19 Solution: Market Size, By Region, 2016-2023 (USD Million)
Table 20 Services: Market Size, By Region, 2016-2023 (USD Million)
Table 21 Services: Market Size, By Type, 2016-2023 (USD Million)
Table 22 Managed Services Market Size, By Region, 2016-2023 (USD Million)
Table 23 Professional Services Market Size, By Region, 2016-2023 (USD Million)
Table 24 Professional Services Market Size, By Type, 2016-2023 (USD Million)
Table 25 Consulting Services Market Size, By Region, 2016-2023 (USD Million)
Table 26 Support and Maintenance Services Market Size, By Region, 2016-2023 (USD Million)
Table 27 Data Governance Market Size, By Deployment Model, 2016-2023 (USD Million)
Table 28 On-Premises: Market Size, By Region, 2016-2023 (USD Million)
Table 29 Cloud: Market Size, By Region, 2016-2023 (USD Million)
Table 30 Data Governance Market Size, By Organization Model, 2016-2023 (USD Million)
Table 31 Small and Medium-Sized Enterprises: Market Size, By Region, 2016-2023 (USD Million)
Table 32 Large Enterprises: Market Size, By Region, 2016-2023 (USD Million)
Table 33 Data Governance Market Size, By Industry Vertical, 2016-2023 (USD Million)
Table 34 Banking, Financial Services, and Insurance: Market Size, By Region, 2016-2023 (USD Million)
Table 35 Retail and Ecommerce: Market Size, By Region, 2016-2023 (USD Million)
Table 36 Government and Defense: Market Size, By Region, 2016-2023 (USD Million)
Table 37 Healthcare and Life Sciences: Market Size, By Region, 2016-2023 (USD Million)
Table 38 Manufacturing: Market Size, By Region, 2016-2023 (USD Million)
Table 39 Telecommunications and It: Market Size, By Region, 2016-2023 (USD Million)
Table 40 Energy and Utilities: Market Size, By Region, 2016-2023 (USD Million)
Table 41 Construction and Engineering: Market Size, By Region, 2016-2023 (USD Million)
Table 42 Others: Market Size, By Region, 2016-2023 (USD Million)
Table 43 Data Governance Market Size, By Region, 2016-2023 (USD Million)
Table 44 North America: Market Size By Component, 2018-2023 (USD Million)
Table 45 North America: Market Size By Service, 2018-2023 (USD Million)
Table 46 North America: Market Size By Professional Service, 2018-2023 (USD Million)
Table 47 North America: Market Size By Application, 2018-2023 (USD Million)
Table 48 North America: Market Size By Business Function, 2018-2023 (USD Million)
Table 49 North America: Market Size By Deployment Model, 2018-2023 (USD Million)
Table 50 North America: Market Size By Organization Size, 2018-2023 (USD Million)
Table 51 North America: Market Size By Industry Vertical, 2018-2023 (USD Million)
Table 52 Europe: Data Governance Market Size, By Component, 2018-2023 (USD Million)
Table 53 Europe: Market Size By Service, 2018-2023 (USD Million)
Table 54 Europe: Market Size By Professional Service, 2018-2023 (USD Million)
Table 55 Europe: Market Size By Application, 2018-2023 (USD Million)
Table 56 Europe: Market Size By Business Function, 2018-2023 (USD Million)
Table 57 Europe: Market Size By Deployment Model, 2018-2023 (USD Million)
Table 58 Europe: Market Size By Organization Size, 2018-2023 (USD Million)
Table 59 Europe: Market Size By Industry Vertical, 2018-2023 (USD Million)
Table 60 Asia Pacific: Data Governance Market Size, By Component, 2018-2023 (USD Million)
Table 61 Asia Pacific: Market Size By Service, 2018-2023 (USD Million)
Table 62 Asia Pacific: Market Size By Professional Service, 2018-2023 (USD Million)
Table 63 Asia Pacific: Market Size By Application, 2018-2023 (USD Million)
Table 64 Asia Pacific: Market Size By Business Function, 2018-2023 (USD Million)
Table 65 Asia Pacific: Market Size By Deployment Model, 2018-2023 (USD Million)
Table 66 Asia Pacific: Market Size By Organization Size, 2018-2023 (USD Million)
Table 67 Asia Pacific: Market Size By Industry Vertical, 2018-2023 (USD Million)
Table 68 Latin America: Data Governance Market Size, By Component, 2018-2023 (USD Million)
Table 69 Latin America: Market Size By Service, 2018-2023 (USD Million)
Table 70 Latin America: Market Size By Professional Service, 2018-2023 (USD Million)
Table 71 Latin America: Market Size By Application, 2018-2023 (USD Million)
Table 72 Latin America: Market Size By Business Function, 2018-2023 (USD Million)
Table 73 Latin America: Market Size By Deployment Model, 2018-2023 (USD Million)
Table 74 Latin America: Market Size By Organization Size, 2018-2023 (USD Million)
Table 75 Latin America: Market Size By Industry Vertical, 2018-2023 (USD Million)
Table 76 Middle East and Africa: Data Governance Market Size, By Component, 2018-2023 (USD Million)
Table 77 Middle East and Africa: Market Size By Service, 2018-2023 (USD Million)
Table 78 Middle East and Africa: Market Size By Professional Service, 2018-2023 (USD Million)
Table 79 Middle East and Africa: Market Size By Application, 2018-2023 (USD Million)
Table 80 Middle East and Africa: Market Size By Business Function, 2018-2023 (USD Million)
Table 81 Middle East and Africa: Market Size By Deployment Model, 2018-2023 (USD Million)
Table 82 Middle East and Africa: Market Size By Organization Size, 2018-2023 (USD Million)
Table 83 Middle East and Africa: Market Size By Industry Vertical, 2018-2023 (USD Million)
Table 84 New Product Launches and Product Upgradations, 2014-2018
Table 85 Partnerships and Collaborations, 2014-2018
Table 86 Business Expansions, 2014-2018
Table 87 Acquisitions, 2014-2018

List of Figures
Figure 1 Data Governance Market Segmentation
Figure 2 Market Research Design
Figure 3 Breakdown of Primary Interviews: By Company, Designation, and Region
Figure 4 Data Triangulation
Figure 5 Market Size Estimation Methodology: Bottom-Up Approach
Figure 6 Market Size Estimation Methodology: Top-Down Approach
Figure 7 Data Governance Market: Assumptions
Figure 8 Data Governance Functions
Figure 9 Global Data Governance Market is Expected to Witness Significant Growth During the Forecast Period
Figure 10 Market Snapshot By Component (2018 vs 2023)
Figure 11 Market Snapshot By Service (2018)
Figure 12 Market Snapshot By Application (2018 vs 2023)
Figure 13 Market Snapshot By Deployment Model (2018)
Figure 14 Market Snapshot By Industry Vertical (2018-2023)
Figure 15 The Data Governance Market Growth is Driven By the Rapid Increase in Data Volumes and Stringent Regulatory and Compliance Mandates
Figure 16 North America is Estimated to Have the Largest Market Share in 2018
Figure 17 Asia Pacific is Expected to Register Significant Growth During the Forecast Period
Figure 18 Data Governance Market: Drivers, Restraints, Opportunities and Challenges
Figure 19 Major Factors in Big Data Governance
Figure 20 Data Governance Process
Figure 21 Compliance Management Application is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 22 Information Technology Business Function is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 23 Services Segment is Expected to Grow at A Higher CAGR During the Forecast Period
Figure 24 Managed Services Segment is Expected to Grow at A Higher CAGR During the Forecast Period
Figure 25 Consulting Services Segment is Expected to Grow at A Higher CAGR During the Forecast Period
Figure 26 Cloud Deployment Model is Expected to Register A Higher CAGR During the Forecast Period
Figure 27 Small and Medium-Sized Enterprises Segment is Expected to Grow at A Higher CAGR During the Forecast Period
Figure 28 Retail and Ecommerce Industry Vertical is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 29 North America is Expected to Have the Largest Market Size During the Forecast Period
Figure 30 Asia Pacific is Expected to Register the Fastest Growth Rate in the Data Governance Market During the Forecast Period
Figure 31 North America: Market Snapshot
Figure 32 Asia Pacific: Market Snapshot
Figure 33 Key Developments By the Leading Players in the Data Governance Market, 2014-2018
Figure 34 Market Evaluation Framework
Figure 35 Geographic Revenue Mix of the Top 4 Market Players
Figure 36 IBM: Company Snapshot
Figure 37 IBM: SWOT Analysis
Figure 38 Oracle: Company Snapshot
Figure 39 Oracle: SWOT Analysis
Figure 40 SAP: Company Snapshot
Figure 41 SAP: SWOT Analysis
Figure 42 SAS Institute: Company Snapshot
Figure 43 SAS Institute: SWOT Analysis
Figure 44 Collibra: SWOT Analysis
Figure 45 Informatica: SWOT Analysis
Figure 46 Talend: Company Snapshot
Figure 47 Varonis: Company Snapshot

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  • Alation
  • Ataccama
  • Collibra
  • Data Advantage Group
  • Datum LLC
  • Denodo
  • Erwin, Inc.
  • Global Data Excellence
  • Global IDS
  • IBM
  • Infogix
  • Informatica
  • Information Builders
  • Innovative Routines International
  • Magnitude Software
  • Oracle
  • Orchestra Networks
  • Reltio
  • SAP
  • SAS Institute
  • Syncsort
  • Talend
  • Tibco
  • Topquadrant
  • Varonis
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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