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Enterprise Data Management Market by Component (Software (Data Security, Data Integration, Data Migration, and Data Quality) and Services) Deployment Mode, Organization Size, Industry Vertical, and Region - Global Forecast to 2025

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  • 189 Pages
  • March 2020
  • Region: Global
  • Markets and Markets
  • ID: 5008080
Description Jump to:

The publisher expects the global enterprise data management market to grow from USD 77.9 billion in 2020 to USD 122.9 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 9.5% during the forecast period. Major growth factors for the market include the need to effectively manage the hierarchical master data generated across departments, adoption of Internet of Things (IoT) devices, and digitalization.

Manufacturing industry vertical to grow at the highest CAGR during the forecast period

Based on industry vertical, the enterprise data management market is divided into healthcare and life science, Banking, Financial Services and Insurance (BFSI), telecom and Information Technology (IT), retail and consumer goods, media and entertainment, manufacturing, energy and utilities, transportation and logistics, government and defense, and others (travel and hospitality, education, research, and real estate). The manufacturing industry vertical would benefit from the technological and methodological advancements of data management. The greatest challenge faced by manufacturing industries is to understand the potential value of their collected data. If the correct tool is chosen to collect the data, it can help to transform the data into meaningful content. This content can help make smarter decisions.

On-premises deployment mode to hold a higher market share during the forecast period

Organizations have been gradually recognizing the importance of enterprise data management solutions and have started deploying them as per their needs. Organizations prefer the on-premisesdeployment mode as it helps them control the implementation process, keep the data in their hands, and provide more ability to customize according to their needs and requirements. The concern of the organizations to protect the data and the low cost of ownership drives the growth of on-premises deployment mode in enterprise data management market.

Asia Pacific to grow at the highest CAGR during the forecast period

The Asia Pacific (APAC) market growth can be attributed to the focus of countries, such as China, Singapore, and Japan on enhanced management of data to enable data-based business decisions and enhance business processes. The improved data governance, increased cloud and DataOps adoption are expected to drive the adoption of enterprise data management solutions and services in the region. APAC constitutes major economies, such as China, Singapore, and Japan, which are expected to register high growth in the enterprise data management market. The verticals, such as healthcare and life sciences, manufacturing, and energy and utilities are expected to rapidly adopt enterprise data management solutions and services in the region. The amendments in the Act on the Protection of Personal Information (APPI) and the Personal Data Protection Act (PDPA) have helped the market to grow significantly in the region.

In-depth interviews were conducted with the Chief Executive Officers (CEOs), Chief Technology Officers (CTOs), Chief Operating Officers (COOs), Vice Presidents (VPs), Managing Directors (MDs), technology and innovation directors, and related key executives from various key companies and organizations operating in the enterprise data management market.


  • By Company – Tier 1–22%, Tier 2–30%, and Tier 3–48%
  • By Designation – C-Level–30%, Managers–45%, and Others–25%
  • By Region – North America–15%, Europe–20%, and APAC–40%, RoW -25%

The enterprise data management market comprises major solution providers, such as IBM Corporation (US), SAS Institute Inc. (US), Teradata Corporation (US), Oracle Corporation (US), SAP SE (Germany), Talend (US), Symantec (US), Cloudera, Inc. (US), Ataccama (Canada), Informatica (US), Mindtree Limited (India), Qlik (US), EnterWorks, Inc. (US), MapR (US), GoldenSource Corporation (US), Amazon Web Services, Inc. (US), MuleSoft, LLC. (US), Micro Focus International plc (UK), Zaloni, Inc. (US), Actian (US). The study includes an in-depth competitive analysis of these key players in the enterprise data management market with their company profiles, recent developments, and key market strategies.

Research Coverage

The enterprise data management market revenue is classified primarily into revenues from software and services. Service revenue is associated with consulting, deployment and integration, and support and maintenance services. The market is also segmented based on component, deployment mode, industry vertical, organization size, and region.

Key benefits of the report


  • The report would help the market leaders/new entrants in the market with the information on the closest approximations of the revenue numbers for the overall Enterprise data management market and the subsegments.
  • The report would help stakeholders understand the competitive landscape and gain insights to better position their businesses and plan suitable go-to-market strategies.
  • The report also helps stakeholders understand the pulse of the market and provides them with information on the key market drivers, restraints, challenges, and opportunities.

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.2.1 Inclusions and Exclusions
1.3 Market Scope
1.3.1 Market Segmentation
1.3.2 Regions Covered
1.3.3 Years Considered for the Study
1.4 Currency Considered
1.5 Stakeholders
2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.2 Primary Data
2.1.2.1 Breakup of Primary Profiles
2.1.2.2 Key Industry Insights
2.2 Market Breakup and Data Triangulation
2.3 Market Size Estimation
2.4 Market Forecast
2.5 Assumptions for the Study
2.6 Limitations of the Study
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities in the Enterprise Data Management Market
4.2 Market Top 3 Industry Verticals
4.3 Market By Region
4.4 Market in North America, By Software and Industry Vertical
5 Market Overview and Industry Trends
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increased Adoption of Columnar Databases and Massively Parallel Processing Architectures
5.2.1.2 Need for On-Time Qualified Information
5.2.1.3 Increase in Regulatory Compliance and Regulations
5.2.1.4 Increased Need for Risk Management
5.2.2 Restraints
5.2.2.1 Presence of Data Silos
5.2.2.2 Data Quality and Data Address Validation Issues
5.2.3 Opportunities
5.2.3.1 Deployment of Data Maturity Model
5.2.3.2 Deploying Specific Tools and Technologies to Increase Data Access and Data Convergence
5.2.4 Challenges
5.2.4.1 Conflicts Regarding Ownership of Data
5.2.4.2 Inconsistent Business Semantics
5.2.4.3 Aligning Enterprise Data Management Strategy With Strategic Organizational Initiatives
5.3 Industry Trends
5.3.1 Value Chain Analysis
5.4 Regulatory Implications
5.4.1 General Data Protection Regulation
5.4.2 The International Organization for Standardization 27001
5.4.3 Payment Card Industry Data Security Standard
5.4.4 Basel Committee on Banking Supervision 239 Compliance
5.4.5 California Consumer Privacy Act
5.4.6 Health Insurance Portability and Accountability Act of 1996
5.4.7 Health Information Technology for Economic and Clinical Health Act
5.4.8 Sarbanes-Oxley Act of 2002
5.4.9 Personal Data Protection Act
5.4.10 Case Study
5.4.10.1 Case Study#1: Unification of Data
5.4.10.2 Case Study#2: Holistic View of Enterprise Data
5.4.10.3 Case Study #3: Consumer Data Consolidation for Easy Access
5.4.10.4 Case Study #4: Comply With Regulations and Government Norms
5.4.10.5 Case Study #5: Streamline Data Management Practices
5.4.11 Data Type
5.4.11.1 Transactional Data
5.4.11.2 Analytical Data
5.4.11.3 Master Data
6 Enterprise Data Management Market, By Component
6.1 Introduction
6.2 Software
6.2.1 Data Security
6.2.1.1 Data Security: Market Drivers
6.2.2 Master Data Management
6.2.2.1 Master Data Management: Market Drivers
6.2.3 Data Integration
6.2.3.1 Data Integration: Market Drivers
6.2.4 Data Migration
6.2.4.1 Data Migration: Enterprise Data Management Market Drivers
6.2.5 Data Warehousing
6.2.5.1 Data Warehousing: Market Drivers
6.2.6 Data Governance
6.2.6.1 Data Governance: Market Drivers
6.2.7 Data Quality
6.2.7.1 Data Quality: Market Drivers
6.2.8 Others
6.3 Services
6.3.1 Managed Services
6.3.1.1 Managed Services: Market Drivers
6.3.2 Professional Services
6.3.2.1 Consulting
6.3.2.1.1 Consulting: Market Drivers
6.3.2.2 Deployment and Integration
6.3.2.2.1 Deployment and Integration: Market Drivers
6.3.2.3 Support and Maintenance
6.3.2.3.1 Support and Maintenance: Market Drivers
7 Enterprise Data Management Market,  By Deployment Mode
7.1 Introduction
7.2 On-Premises
7.2.1 On-Premises: Market Drivers
7.3 Cloud
7.3.1 Cloud: Market Drivers
8 Enterprise Data Management Market,  By Organization Size
8.1 Introduction
8.2 Large Enterprises
8.2.1 Large Enterprises: Market Drivers
8.3 Small and Medium-Sized Enterprises
8.3.1 Small and Medium-Sized Enterprises: Market Drivers
9 Enterprise Data Management Market,  By Industry Vertical
9.1 Introduction
9.2 Healthcare and Life Sciences
9.2.1 Use Cases in Healthcare and Life Sciences
9.2.2 Healthcare and Life Sciences: Market Drivers
9.3 Banking, Financial Services, and Insurance
9.3.1 Use Cases in Banking, Financial Services, and Insurance
9.3.2 Banking, Financial Services, and Insurance: Market Drivers
9.4 Telecom and Information Technology
9.4.1 Use Cases in Telecom and Information Technology
9.4.2 Telecom and Information Technology: Enterprise Data Management Market Drivers
9.5 Retail and Consumer Goods
9.5.1 Use Cases in Retail and Consumer Goods Sector
9.5.2 Retail and Consumer Goods: Market Drivers
9.6 Media and Entertainment
9.6.1 Use Cases in Media and Entertainment Sector
9.6.2 Media and Entertainment: Market Drivers
9.7 Manufacturing
9.7.1 Use Cases in Manufacturing Sector
9.7.2 Manufacturing: Market Drivers
9.8 Energy and Utilities
9.8.1 Use Cases in Energy and Utilities Sector
9.8.2 Energy and Utilities: Market Drivers
9.9 Transportation and Logistics
9.9.1 Use Cases in Transportation and Logistics Sector
9.9.2 Transportation and Logistics: Market Drivers
9.10 Government and Defense
9.10.1 Use Cases in Government and Defense Sector
9.10.2 Government and Defense: Market Drivers
9.11 Others
9.11.1 Use Cases in Others Sector
10 Enterprise Data Management Market, By Region
10.1 Introduction
10.2 North America
10.2.1 North America: Market Drivers
10.2.2 United States
10.2.3 Canada
10.3 Europe
10.3.1 Europe: Enterprise Data Management Market Drivers
10.3.2 United Kingdom
10.3.3 Germany
10.3.4 France
10.3.5 Rest of Europe
10.4 Asia Pacific
10.4.1 Asia Pacific: Market Drivers
10.4.2 China
10.4.3 Japan
10.4.4 Singapore
10.4.5 Rest of Asia Pacific
10.5 Middle East and Africa
10.5.1 Middle East and Africa: Enterprise Data Management Market Drivers
10.5.2 Middle East
10.5.3 South Africa
10.6 Latin America
10.6.1 Latin America: Market Drivers
10.6.2 Brazil
10.6.3 Mexico
10.6.4 Rest of Latin America
11 Competitive Landscape
11.1 Microquadrant Overview
11.2 Competitive Leadership Mapping
11.2.1 Visionary Leaders
11.2.2 Innovators
11.2.3 Dynamic Differentiators
11.2.4 Emerging Companies
12 Company Profiles
12.1 Introduction
12.2 IBM
12.3 SAS Institute
12.4 Teradata
12.5 Oracle
12.6 SAP SE
12.7 Talend
12.8 Symantec
12.9 Cloudera
12.10 Ataccama
12.11 Informatica
12.12 Mindtree
12.13 Qlik
12.14 Enterworks
12.15 MapR
12.16 Goldensource
12.17 Aws
12.18 MuleSoft
12.19 Micro Focus
12.20 Zaloni
12.21 Actian
13 Appendix
13.1 Industry Excerpts
13.2 Discussion Guide
13.3 Knowledge Store
13.4 Available Customizations
13.5 Related Reports
13.6 Author Details
List of Tables (105 Tables)
Table 1 United States Dollar Exchange Rate, 2015–2018
Table 2 Factor Analysis
Table 3 Global Market Size and Growth Rate,  2018–2025 (USD Million, Y-O-Y %)
Table 4 Enterprise Data Management Market Size, By Component, 2018–2025 (USD Million)
Table 5 Software: Market Size By Type,  2018–2025 (USD Million)
Table 6 Software: Market Size By Region, 2018–2025 (USD Million)
Table 7 Data Security Software  Market Size, By Region, 2018–2025 (USD Million)
Table 8 Master Data Management Software Market Size, By Region, 2018–2025 (USD Million)
Table 9 Data Integration Software Market Size, By Region, 2018–2025 (USD Million)
Table 10 Data Migration Software Market Size, By Region, 2018–2025 (USD Million)
Table 11 Data Warehousing Software Market Size, By Region, 2018–2025 (USD Million)
Table 12 Data Governance Software Market Size, By Region, 2018–2025 (USD Million)
Table 13 Data Quality Software Market Size, By Region, 2018–2025 (USD Million)
Table 14 Others Software Market Size, By Region, 2018–2025 (USD Million)
Table 15 Services: Enterprise Data Management Market Size, By Type, 2018–2025 (USD Million)
Table 16 Services: Market Size By Region, 2018–2025 (USD Million)
Table 17 Managed Services Market Size, By Region, 2018–2025 (USD Million)
Table 18 Professional Services: Market Size By Type, 2018–2025 (USD Million)
Table 19 Professional Services: Market Size By Region,  2018–2025 (USD Million)
Table 20 Consulting Market Size, By Region, 2018–2025 (USD Million)
Table 21 Deployment and Integration Market Size, By Region, 2018–2025 (USD Million)
Table 22 Support and Maintenance Market Size, By Region, 2018–2025 (USD Million)
Table 23 Enterprise Data Management Market Size, By Deployment Mode, 2018–2025 (USD Million)
Table 24 On-Premises: Market Size By Region,  2018–2025 (USD Million)
Table 25 Cloud: Market Size By Region,  2018–2025 (USD Million)
Table 26 Market Size By Organization Size, 2018–2025 (USD Million)
Table 27 Large Enterprises: Market Size By Region, 2018–2025 (USD Million)
Table 28 Small and Medium-Sized Enterprises: Market Size By Region, 2018–2025 (USD Million)
Table 29 Enterprise Data Management Market Size, By Industry Vertical,  2018–2025 (USD Million)
Table 30 Healthcare and Life Sciences: Market Size  By Region, 2018–2025 (USD Million)
Table 31 Banking, Financial Services, and Insurance: Market Size By Region, 2018–2025 (USD Million)
Table 32 Telecom and Information Technology: Market Size By Region, 2018–2025 (USD Million)
Table 33 Retail and Consumer Goods: Market Size By Region, 2018–2025 (USD Million)
Table 34 Media and Entertainment: Market Size By Region, 2018–2025 (USD Million)
Table 35 Manufacturing: Enterprise Data Management Market Size, By Region,  2018–2025 (USD Million)
Table 36 Energy and Utilities: Market Size By Region,  2018–2025 (USD Million)
Table 37 Transportation and Logistics: Market Size By Region, 2018–2025 (USD Million)
Table 38 Government and Defense: Market Size By Region, 2018–2025 (USD Million)
Table 39 Others: Market Size By Region,  2018–2025 (USD Million)
Table 40 Enterprise Data Management Market Size, By Region, 2018–2025 (USD Million)
Table 41 North America: Enterprise Data Management Market Size, By Component, 2018–2025 (USD Million)
Table 42 North America: Market Size By Software ,  2018–2025 (USD Million)
Table 43 North America: Market Size By Service,  2018–2025 (USD Million)
Table 44 North America: Market Size By Professional Service, 2018–2025 (USD Million)
Table 45 North America: Market Size By Deployment Mode, 2018–2025 (USD Million)
Table 46 North America: Market Size By Organization Size, 2018–2025 (USD Million)
Table 47 North America: Market Size By Industry Vertical, 2018–2025 (USD Million)
Table 48 North America: Market Size By Country,  2018–2025 (USD Million)
Table 49 United States: Market Size By Component, 2018–2025 (USD Million)
Table 50 United States: Market Size By Deployment Mode, 2018–2025 (USD Million)
Table 51 Canada: Enterprise Data Management Market Size, By Component,  2018–2024 (USD Million)
Table 52 Canada: Market Size By Deployment Mode, 2018–2025 (USD Million)
Table 53 Europe: Market Size By Component,  2018–2025 (USD Million)
Table 54 Europe: Market Size By Software , 2018–2025 (USD Million)
Table 55 Europe: Market Size By Service, 2018–2025 (USD Million)
Table 56 Europe: Market Size By Professional Service, 2018–2025 (USD Million)
Table 57 Europe: Market Size By Deployment Mode, 2018–2025 (USD Million)
Table 58 Europe: Market Size By Organization Size, 2018–2025 (USD Million)
Table 59 Europe: Market Size By Industry Vertical, 2018–2025 (USD Million)
Table 60 Europe: Market Size By Country, 2018–2025 (USD Million)
Table 61 United Kingdom: Enterprise Data Management Market Size, By Component, 2018–2025 (USD Million)
Table 62 United Kingdom: Market Size By Deployment Mode, 2018–2025 (USD Million)
Table 63 Germany: Market Size By Component,  2018–2025 (USD Million)
Table 64 Germany: Market Size By Deployment Mode, 2018–2025 (USD Million)
Table 65 France: Market Size By Component,  2018–2025 (USD Million)
Table 66 France: Market Size By Deployment Mode, 2018–2025 (USD Million)
Table 67 Asia Pacific: Enterprise Data Management Market Size, By Component,  2018–2024 (USD Million)
Table 68 Asia Pacific: Market Size By Software,  2018–2025 (USD Million)
Table 69 Asia Pacific: Market Size By Service,  2018–2025 (USD Million)
Table 70 Asia Pacific: Market Size By Professional Service, 2018–2025 (USD Million)
Table 71 Asia Pacific: Market Size By Deployment Mode, 2018–2025 (USD Million)
Table 72 Asia Pacific: Market Size By Organization Size, 2018–2025 (USD Million)
Table 73 Asia Pacific: Market Size By Industry Vertical, 2018–2025 (USD Million)
Table 74 Asia Pacific: Market Size By Country,  2018–2024 (USD Million)
Table 75 China: Enterprise Data Management Market Size, By Component, 2018–2025 (USD Million)
Table 76 China: Market Size By Deployment Mode,  2018–2025 (USD Million)
Table 77 Japan: Market Size By Component, 2018–2025 (USD Million)
Table 78 Japan: Market Size By Deployment Mode,  2018–2025 (USD Million)
Table 79 Singapore: Market Siz By Component,  2018–2025 (USD Million)
Table 80 Singapore: Market Size, By Deployment Mode, 2018–2025 (USD Million)
Table 81 Middle East and Africa: Enterprise Data Management Market Size, By Component, 2018–2024 (USD Million)
Table 82 Middle East and Africa: Market Size By Software, 2018–2025 (USD Million)
Table 83 Middle East and Africa: Market Size By Service, 2018–2025 (USD Million)
Table 84 Middle East and Africa: Market Size By Professional Service, 2018–2025 (USD Million)
Table 85 Middle East and Africa: Market Size By Deployment Mode, 2018–2025 (USD Million)
Table 86 Middle East and Africa: Market Size By Organization Size, 2018–2025 (USD Million)
Table 87 Middle East and Africa: Market Size By Industry Vertical, 2018–2025 (USD Million)
Table 88 Middle East and Africa: Market Size By Country, 2018–2025 (USD Million)
Table 89 Middle East: Enterprise Data Management Market Size, By Component,  2018–2025 (USD Million)
Table 90 Middle East: Market Size By Deployment Mode, 2018–2025 (USD Million)
Table 91 South Africa: Market Size By Component,  2018–2025 (USD Million)
Table 92 South Africa: Market Size By Deployment Mode, 2018–2025 (USD Million)
Table 93 Latin America: Enterprise Data Management Market Size, By Component, 2018–2025 (USD Million)
Table 94 Latin America: Market Size By Software,  2018–2025 (USD Million)
Table 95 Latin America: Market Size By Service,  2018–2025 (USD Million)
Table 96 Latin America: Market Size By Professional Service, 2018–2024 (USD Million)
Table 97 Latin America: Market Size By Deployment Mode, 2018–2025 (USD Million)
Table 98 Latin America: Market Size By Organization Size, 2018–2025 (USD Million)
Table 99 Latin America: Market Size By Industry Vertical, 2018–2024 (USD Million)
Table 100 Latin America: Enterprise Data Management Market Size, By Country,  2018–2025 (USD Million)
Table 101 Brazil: Market Size By Component, 2018–2025 (USD Million)
Table 102 Brazil: Market Size By Deployment Mode,  2018–2025 (USD Million)
Table 103 Mexico: Market Size By Component,  2018–2025 (USD Million)
Table 104 Mexico: Market Size By Deployment Mode, 2018–2025 (USD Million)
Table 105 Evaluation Criteria
List of Figures (44 Figures)
Figure 1 Enterprise Data Management Market: Research Design
Figure 2 Market Size Estimation Methodology, Approach 1 (Supply Side): Revenue of Products/Solutions/Services of Enterprise Data Management Market
Figure 3 Market Size Estimation Methodology - Approach 1 - Bottom-Up (Supply Side): Collective Revenue of All Products/Solutions/Services of Enterprise Data Management Market
Figure 4 Market Size Estimation Methodology - Approach 2 - Bottom-Up (Demand Side): Products/Solutions/Services Sold and Their Average Selling Price
Figure 5 Enterprise Data Management Market, By Component
Figure 6 Market By Software
Figure 7 Market By Service
Figure 8 Market By Professional Service
Figure 9 Market By Deployment Mode
Figure 10 Market By Organization Size
Figure 11 Market By Industry Vertical
Figure 12 Enterprise Data Management Market, By Region
Figure 13 Need to Ensure Regulatory Compliance and Improve Data Quality, and High Inclination of Enterprises Toward Achieving Data-Driven Decision –Making to Drive Market Growth
Figure 14 Banking, Financial Services, and Insurance Industry Vertical to Hold the Largest Market Size During the Forecast Period
Figure 15 North America to Hold the Highest Market Share in 2020
Figure 16 Data Security Segment and Banking, Financial Services, and Insurance Industry Vertical to Account for the Highest Market Shares in 2020
Figure 17 Drivers, Restraints, Opportunities, and Challenges: Enterprise Data Management Market
Figure 18 Value Chain Analysis
Figure 19 Services Segment to Register a Higher CAGR During  the Forecast Period
Figure 20 Data Quality Segment to Grow at the Highest CAGR During the Forecast Period
Figure 21 Managed Services Segment to Grow at a Higher CAGR During the Forecast Period
Figure 22 Support and Maintenance Segment to Grow at the Highest CAGR During the Forecast Period
Figure 23 Cloud Deployment Mode to Register a Higher CAGR During the Forecast Period
Figure 24 Small and Medium-Sized Enterprises Segment to Register a Higher CAGR During the Forecast Period
Figure 25 Manufacturing Industry Vertical to Grow at the Highest CAGR During the Forecast Period
Figure 26 North America to Account for the Largest Market Size During the Forecast Period
Figure 27 Singapore to Register the Highest CAGR During the Forecast Period
Figure 28 Asia Pacific to Grow at the Highest CAGR During  the Forecast Period
Figure 29 North America: Market Snapshot
Figure 30 Asia Pacific: Market Snapshot
Figure 31 Enterprise Data Management Market (Global), Competitive Leadership Mapping, 2020
Figure 32 IBM: Company Snapshot
Figure 33 SWOT Analysis: IBM
Figure 34 SAS Institute: Company Snapshot
Figure 35 SWOT Analysis: SAS Institute
Figure 36 Teradata: Company Snapshot
Figure 37 SWOT Analysis: Teradata
Figure 38 Oracle: Company Snapshot
Figure 39 SWOT Analysis: Oracle
Figure 40 SAP SE: Company Snapshot
Figure 41 SWOT Analysis: SAP SE
Figure 42 Talend: Company Snapshot
Figure 43 Symantec: Company Snapshot
Figure 44 Cloudera: Company Snapshot

Samples

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Executive Summary

Companies Mentioned

  • Actian
  • Ataccama
  • Aws
  • Cloudera
  • Enterworks
  • Goldensource
  • IBM
  • Informatica
  • MapR
  • Micro Focus
  • Mindtree
  • MuleSoft
  • Oracle
  • Qlik
  • SAP SE
  • SAS Institute
  • Symantec
  • Talend
  • Teradata
  • Zaloni

Methodology

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Table Information

Report AttributeDetails
No. of Pages189
PublishedMarch 2020
Forecast Period2020 - 2025
Estimated Market Value ( USD ) in 2020 $ 77.9 billion
Forecasted Market Value ( USD ) by 2025 $ 122.9 billion
Compound Annual Growth Rate9.5%
Regions CoveredGlobal
No. of Companies Mentioned20

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