+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Data Governance - Global Market Trajectory & Analytics

  • ID: 4804575
  • Report
  • February 2022
  • Region: Global
  • 565 Pages
  • Global Industry Analysts, Inc

FEATURED COMPANIES

  • Adaptive
  • Collibra Inc.
  • Global IDs
  • Mindtree Limited
  • Reltio, Inc.
  • TIBCO Software Inc.

Global Data Governance Market to Reach US$6 Billion by the Year 2026


Data governance is a set of tools, which defines roles, standards, policies, metrics, and processes for information within an organization. These tools ensure that data is used responsibly, efficiently, and effectively to further the organization`s functions. Data governance market is being driven by many factors. The deluge of data from various sources and the valuable insights than can be gleaned from such data is pushing businesses to opt for advanced IT systems, which is driving the demand for data governance solutions. In addition, risk management and regulatory compliance are also driving the growth of data governance solutions. The increasingly stringent data privacy laws as well as the local storage mandates are forcing organizations to manage data more efficiently, which is ensured by data governance solutions. The increasing cross-border and cross-company collaborations are also aiding growth of data governance as it ensures that data is available for all the stakeholders while being monitored with a safe structure. The advent of Artificial Intelligence (AI) applications also promotes data governance. In addition, the increasing trend of Bring Your Own Device (BYOD), and the associated security risks, is also driving the growth of data governance solutions.

Amid the COVID-19 crisis, the global market for Data Governance estimated at US$1.8 Billion in the year 2020, is projected to reach a revised size of US$6 Billion by 2026, growing at a CAGR of 22% over the analysis period. On-Premise, one of the segments analyzed in the report, is projected to grow at a 22.9% CAGR to reach US$5.6 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Cloud segment is readjusted to a revised 19.1% CAGR for the next 7-year period. This segment currently accounts for a 27% share of the global Data Governance market. On-premise deployment is the most popular deployment method for data governance solutions as it ensures complete control over various aspects of the data such as security and metadata.



The U.S. Market is Estimated at $722.9 Million in 2021, While China is Forecast to Reach $654.1 Million by 2026


The Data Governance market in the U.S. is estimated at US$722.9 Million in the year 2021. The country currently accounts for a 34.27% share in the global market. China, the world`s second largest economy, is forecast to reach an estimated market size of US$654.1 Million in the year 2026 trailing a CAGR of 25.2% through the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 17.2% and 21.5% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 21.1% CAGR while Rest of European market (as defined in the study) will reach US$467.8 Million by the end of the analysis period. Data governance market is being led by the developed regions such as North America (including USA and Canada) and Europe. The consistent expansion of the North American market is credited to robust IT infrastructure, technological advances and increasing application of data governance in various industries, from telecommunication and finance to media. The regional market is driven by technological advancements along with increasing use of cloud platforms, smart devices and IoT for streamlining operations, which is resulting in generation of exponential volumes of metadata. The Asia-Pacific region has emerged as a hub of digital innovation. In addition, governments within the region are also concentrating on strengthening their data privacy laws as concerns grow over data privacy. As a result, the Asia-Pacific region offers the highest growth potential for data governance solutions.

Select Competitors (Total 163 Featured) -

  • Adaptive
  • Alation, Inc.
  • Alex Solutions Pty. Ltd.
  • Ataccama Corporation
  • Collibra Inc.
  • Data Advantage Group
  • Denodo Technologies, Inc.
  • Global Data Excellence
  • Global IDs
  • Informatica
  • Innovative Routines International, Inc.
  • International Business Machines Corporation
  • Magnitude Software
  • Micro Focus International plc
  • Microsoft Corporation
  • Mindtree Limited
  • Oracle Corporation
  • Precisely
  • Quest Software
  • Reltio, Inc.
  • SAP SE
  • SAS Institute Inc.
  • Talend Inc.
  • TIBCO Software Inc.
  • TopQuadrant, Inc.
  • Varonis Systems, Inc.
  • Zaloni, Inc.
Frequently Asked Questions about the Global Market for Data Governance

What is the estimated value of the Global Market for Data Governance?

The Global Market for Data Governance was estimated to be valued at $1.8 Billion in 2020.

What is the growth rate of the Global Market for Data Governance?

The growth rate of the Global Market for Data Governance is 22.2%, with an estimated value of $6.0 Billion by 2026.

What is the forecasted size of the Global Market for Data Governance?

The Global Market for Data Governance is estimated to be worth $6.0 Billion by 2026.

Who are the key companies in the Global Market for Data Governance?

Key companies in the Global Market for Data Governance include Adaptive, Alation, Inc., Alex Solutions Pty. Ltd., Ataccama Corporation, Collibra Inc., Data Advantage Group, Denodo Technologies, Inc., Global Data Excellence and Informatica.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Adaptive
  • Collibra Inc.
  • Global IDs
  • Mindtree Limited
  • Reltio, Inc.
  • TIBCO Software Inc.

I. METHODOLOGY


II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Impact of COVID-19 Pandemic and Looming Global Recession: 2020 Marked as a Year of Disruption & Transformation
  • As the Race between the Virus & Vaccines Intensifies, Where is the World Economy Headed in 2021?
  • World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2022
  • Impact of COVID-19 on Data Governance
  • How the IT Industry Has Been Impacted by the Pandemic & What’s the New Normal?
  • Cloud Services Emerges as the Lone Bright Spot amidst the Crisis
  • Impact Score of Trends Driving Public Cloud Engagement 2019 VS 2020
  • Data Governance - Global Key Competitors Percentage Market Share in 2022 (E)
  • An Introduction to Data Governance
  • Data Governance Tools
  • Implementation of Data Governance
  • Benefits of Data Governance
  • Cloud Data Governance
  • Global Data Governance Market by Application (2021 & 2027): Percentage Breakdown of Revenues for Risk Management, Compliance Management, Incident Management, Audit Management, and Other Applications
  • Global Market Prospects & Outlook
  • Analysis by Deployment
  • Global Data Governance Market by Deployment (2021 & 2027): Percentage Breakdown of Revenues for On-Premise, and Cloud
  • Analysis by Vertical
  • Global Data Governance Market by Vertical (2021 & 2027): Percentage Breakdown of Revenues for BFSI, IT & Telecom, Retail & Consumer Goods, Government, Manufacturing, and Other Verticals
  • Regional Analysis
  • World Data Governance Market by Region (2021 & 2027): Percentage Breakdown of Revenues for Developed and Developing Regions
  • World Data Governance Market - Geographic Regions Ranked by CAGR (Revenues) for 2020-2027: China, Asia-Pacific, USA, Rest of World, Canada, Europe, and Japan
  • Competitive Scenario
  • Recent Market Activity
  • Innovations and Advancements
  • Select Global Brands
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • Data Governance: The Integrated Approach
  • Data Governance: The Future
  • Key Data Governance Trends Shaping the Industry
  • The Formalization of Data Collection from Third Parties & Customers
  • Enhanced Data Awareness & Literacy
  • Management of Data Distribution
  • Future-Proofing Businesses Having Data Strategies
  • Data Governance on a Modern Cloud
  • Data Governance to Play a Pivotal Role Buoyed by Machine Learning and AI
  • Global Opportunity for Artificial Intelligence (In US$ Billion) for Years 2021, 2025, 2027
  • Rapid Growth of Enterprise Data Volumes Presents Broad-based Opportunities for Data Governance Market
  • Rising Tide of Digitalization and Explosive Growth of Digital Data Create the Need for Data Governance: Global Digital Data Created (In Zettabytes) for the Years 2015, 2020, 2025, 2030 and 2035
  • Widespread Use of Enterprise Software and Business Apps Leads to Creation of Massive Volumes of Enterprise Data
  • Average Number of Apps per Employee by Company Size
  • Average Number of Apps per Company by Company Size
  • Rise of Digital Transformation as the New Age Enterprise Strategy Creates Fertile Environment for Market Expansion
  • Global Industry Digitalization Index Score by Industry Group for the Year 2020
  • Global Cumulative Value of Digitalization by Industry (In US$ Billion) for the Period 2016 to 2025
  • COVID-19 Accelerates Digital Transformation
  • COVID-19 Has Created an Environment Where Digital Transformation Equals Survival: Global Digital Transformation Spending (In US$ Billion) for Years 2017 Through 2023
  • Spurred by New Data Privacy Standards, Data Catalog Takes Center Stage in Data Governance
  • Market Benefits from the Expansion of Data Warehousing, Data Pooling and Data Mining Operations in Enterprises
  • Growing Significance of Data Governance among Enterprises Spurs Metadata Management Market Growth
  • Metadata Management Automation Helps Transform Data Governance
  • Global Enterprise Metadata Management (EMM) Market in US$ Million by Region (2021 & 2027)
  • Need to Cut Down Risk of Enterprise Data Assets
  • IoT Data Governance Gains Significance with Increasing Penetration of IoT Devices
  • Who is Generating the Biggest Data Volume in the IoT Ecosystem? % Share of IoT Connections by Vertical for the Year 2020
  • Explosion of IoT Big Data Catalyzes the Need for Big Data Analytics for Insight Generation Needed for Informed Decision-Making & Value Creation: IoT Big Data Generated by Connected Devices Worldwide (In Zettabytes) for the Years 2020 & 2025
  • Expanding Volumes of Industrial Big Data Fuels Demand for Data Governance
  • IoT Endpoints Installed Base in Billion Units for 2018-2021
  • IoT Endpoints Installed Base Breakdown by Segment for 2020
  • Data Governance Drives Value in Healthcare Domain
  • Common Challenges in Data Governance

4. GLOBAL MARKET PERSPECTIVE


III. MARKET ANALYSIS

UNITED STATES

  • Data Governance Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2022 (E)

CANADA

JAPAN

  • Data Governance Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2022 (E)

CHINA

  • Data Governance Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2022 (E)

EUROPE

  • Data Governance Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2022 (E)

FRANCE

  • Data Governance Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2022 (E)

GERMANY

  • Data Governance Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2022 (E)

ITALY

UNITED KINGDOM

  • Data Governance Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2022 (E)

REST OF EUROPE

ASIA-PACIFIC

  • Data Governance Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2022 (E)

REST OF WORLD

IV. COMPETITION

  • Total Companies Profiled: 163
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • Adaptive
  • Alation, Inc.
  • Alex Solutions Pty. Ltd.
  • Ataccama Corporation
  • Collibra Inc.
  • Data Advantage Group
  • Denodo Technologies, Inc.
  • Global Data Excellence
  • Global IDs
  • Informatica
  • Innovative Routines International, Inc.
  • International Business Machines Corporation
  • Magnitude Software
  • Micro Focus International plc
  • Microsoft Corporation
  • Mindtree Limited
  • Oracle Corporation
  • Precisely
  • Quest Software
  • Reltio, Inc.
  • SAP SE
  • SAS Institute Inc.
  • Talend Inc.
  • TIBCO Software Inc.
  • TopQuadrant, Inc.
  • Varonis Systems, Inc.
  • Zaloni, Inc.
Note: Product cover images may vary from those shown