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Data Catalog - Global Market Trajectory & Analytics

  • ID: 4804595
  • Report
  • January 2021
  • Region: Global
  • 208 pages
  • Global Industry Analysts, Inc
The global market for Data Catalog is projected to reach US$ 1. 0 billion by 2025, driven by years of digital transformation which is currently reaching maturity in most industries and the ensuing massive accumulated value of digital assets and the need now to efficiently manage these data assets. Data unification and data collaboration are the foundation of successful data-driven strategies and therefore require metadata management and cataloging. Data catalog is an inventory of data assets that provide meaning and context needed to extract business insights from data. Data catalog enables easy discovery of corporate metadata; automatic harvesting & classification of data; improves usability of data; & aids in easy management of data quality issues. A data catalog is offered to data users as a reference application, being the first stop for a self-service data discovery task. The catalogs enable varied users that include data analysts, business analysts, data stewards, and data scientists to easily find, comprehend, explore, collaborate and trust data for performing self-service analytics through a single reference source within a data lake or data warehouse via annotations that improve data using context. A data catalog comprises a simple means of accessing data that is required by data consumers for performing their tasks. The tool enables in managing data as well as assists in data quality by enabling users to work collectively from a single self-service environment.

Data catalogs encompass an array of attributes, combining metadata with datasets that are used for analysis; wherein the metadata is responsible for illustrating standard database objects, including schema, tables, and queries that are stored in data lakes, data warehouses or some such systems. This could be improved with sample projects and annotations developed in analytic or business intelligence (BI) applications; as well as shared by data users via the catalog. A data catalog, in the physical form, is an on-premise or cloud-based server that enables automatic indexing of data systems, providing a database for the assets that could be approached through a single source. A data catalog crawls business intelligence systems and databases for providing a single reference point pertaining to enterprise data. Data catalogs offer major stakeholders with context to locate and comprehend data; as well as automate management of metadata, thereby making the same collaborative. Consequently, data catalogs could be used for extended purposes, enabling stakeholders to understand data, as well as act on and organize the same. Resultantly, the facet in regards to data collaboration and automation holds extreme significance. A few data catalogs depend on machine learning for providing extra behavioral context in regards to the method in which the data is being utilized. Analysing logs enables to make certain assumptions in regards to the quality or usefulness of the data approached by the data catalog. A user is able to figure out the frequency of a specific schema or table being accessed; their recent use and time; and the user who accessed the data. Consequently, a data catalog incorporates extra context that merely the data would not have been able to determine. Additionally, a data catalog, rather than requiring to identify a connection ring or the path for connecting to data source, offers a purpose-built client application for consuming data; as well as utilize specific conventions from commonly used online consumer catalogs, including Pinterest, Wikipedia, Spotify, and Yelp. Users browse, search, or surface recommendations for finding data, instead of typing vague and unclear demands.

Select Competitors (Total 42 Featured):
  • Alation, Inc.
  • Altair Engineering, Inc.
  • Alteryx, Inc.
  • Amazon Web Services, Inc.
  • Collibra
  • IBM Corporation
  • Informatica
  • Microsoft Corporation
  • Tamr, Inc.
  • TIBCO Software, Inc.
  • Unifi Software
  • Waterline Data, Inc.
  • Zaloni, Inc.
Note: Product cover images may vary from those shown
I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
  • Impact of Covid-19 and a Looming Global Recession
  • 2020 Marked as a Year of Disruption & Transformation
  • EXHIBIT 1: World Economic Growth Projections (Real GDP, Annual % Change) for 2020,2021, & 2022
  • How the IT Industry Has Been Impacted by the Pandemic & What’s the New Normal?
  • Cloud Computing Emerges as the Lone Bright Spot Amidst the Crisis
  • EXHIBIT 2: Impact Score of Trends Driving Public Cloud Engagement 2019 VS 2020
  • Data Catalog: A Prelude
  • Key Functionalities of Data Catalog
  • Ranking of Key Data Catalog Features Required by Organizations
  • Easily Accessible Data through Data Catalogs Enables Better Data Analysis
  • Technology Enables Convenient and Easy Data Sets’ Cataloging and Data Rationalization
  • Data Catalogs Enrich Regulatory Compliance
  • Modern Day Data Catalog
  • Importance of Data Catalog by Industry
  • Media & Entertainment
  • Retail & eCommerce
  • BFSI
  • Healthcare
  • Companies Churn out COVID-19 Data Catalog
  • Telecom & IT
  • Bright Prospects Ahead for Data Catalog Solutions Market
  • Analysis by Segment
  • North America to Lead while Asia-Pacific to Post Fastest Growth
  • Essential Attributes and Capabilities in Data Catalog
  • Competition
  • EXHIBIT 3: Data Catalog Competitor Market Share Scenario Worldwide (in %): 2019
  • Recent Market Activity
2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS
  • Rise of Digital Transformation as the New Age Enterprise Strategy Creates Fertile Environment for Market Expansion
  • EXHIBIT 4: Global Digital Transformation Spending (In US$ Billion) for Years 2017 Through 2023
  • EXHIBIT 5: Global Cumulative Value of Digitalization by Industry (In US$ Billion) for the Period 2016 to 2025
  • The Best Way to Build Data Catalogs is to Add AI/ML to the Mix
  • COVID-19 Accelerates Digital Transformation
  • How Content Chaos Can Be Biggest Barrier to Successful Digital Transformation
  • ‘Age of Data Abundance’ Instigates Broad-based Opportunities for Data Catalog Solutions Market
  • EXHIBIT 6: Rising Tide of Digitalization and Explosive Growth of Digital Data Creates the Need for Data Catalogs: Global Digital Data Created (In Zettabytes) for the Years 2015, 2020, 2025, and 2030
  • Expanding Volumes of Industrial Big Data Drives Demand for Data Cataloging Solutions
  • EXHIBIT 7: IoT Endpoints Installed Base in Billion Units for 2018-2021
  • EXHIBIT 8: IoT Endpoints Installed Base Breakdown by Segment for 2020
  • Widespread Use of Enterprise Software and Business Apps Leads to Creation of Massive Volumes of Enterprise Data
  • EXHIBIT 9: Average Number of Apps per Employee by Company Size
  • EXHIBIT 10: Average Number of Apps per Company by Company Size
  • EXHIBIT 11: IT Spending on Enterprise Software in US$ Billion for the Years 2015, 2017, 2019 and 2021
  • EXHIBIT 12: Ease of Finding and Accessing Data (in %) by Organization Size
  • Data Catalog Steps-In to Modernize Big Data Model
  • Metadata: The Core of Data Catalog
  • Rising Significance of Metadata Management in GDPR Compliance
  • Pivotal Role of BI and Analytics in Modern Enterprise Paves Way for Wider Uptake of Data Catalog
  • Data Catalog Steps-In to Modernize Big Data Model
  • EXHIBIT 13: Companies Facing Difficulties in Finding and Accessing Data (in %) for 2019
  • AI and ML Data Catalogs Emerge to Provide Data Intelligence and Insights with Metadata
  • Increasing Usefulness of Machine Learning Data Catalogs (MLDCs)
  • Major MLDC Vendors: An Overview
  • Spurred by New Data Privacy Standards, Data Catalog Takes Center Stage in Data Governance
  • Cloud Data Catalog to Steer Next Wave of Growth
  • Rising Adoption of Self-Service Analytics Fuels Data Catalogs Market
  • EXHIBIT 14: Global Self-Service Analytics Market Size in US$ Billion for the Years 2018, 2020, 2022 and 2024
  • Companies Support Remote Workforce with Data Catalog
  • EXHIBIT 15: WFM Employees as a % of the Total Workforce
4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS
  • UNITED STATES
  • CANADA
  • JAPAN
  • CHINA
  • EUROPE
  • FRANCE
  • GERMANY
  • ITALY
  • UNITED KINGDOM
  • REST OF EUROPE
  • ASIA-PACIFIC
  • REST OF WORLD
IV. COMPETITION
  • Total Companies Profiled: 132
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