Global Data Catalog Market Forecast to 2030
The data catalog market size was USD 590 million in 2021 and is expected to register a revenue CAGR of 27.1% during the forecast period, according to the latest analysis by Emergen Research. Increasing data proliferation and rising demand for business intelligence tools are key factors driving the growth of the market. Due to numerous source systems or siloed data, the use of data assets or their interpretation can frequently be inconsistent. By consolidating all information about data assets into a single platform, the creation of a data catalog can reduce discrepancies, and ongoing management will keep it coordinated and consistent. When a data catalog is automated, it can grow and update automatically, requiring less administrative help. The problem is identifying optimal data assets for the work at hand because most organizations have an abundance of data, making it easy to find a data asset to use for analytics or reporting. Good data catalogs should include usage statistics as well as user ratings and reviews to facilitate decision-making.
The most current market research report from Emergen Research, which focuses on the global Data Catalog market, provides in-depth analysis of each of the market's major segments. The research on the global Data Catalog market includes information on market size, revenue growth rate, industry data, revenue splits by regional markets, gross margins, production costs, and product portfolios. The report also highlights a number of other micro- and macroeconomic factors, including the most important drivers, opportunities, trends, difficulties, supply and demand ratios, production and consumption patterns, stringent regulatory frameworks, and a wide range of other factors.
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The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Data Catalog market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
Key Companies Profiled in the Report are:
Microsoft, Alteryx, Amazon Web Services, TIBCO Software, Zaloni, Informatica, Alation, Tamr, IBM, and Datawatch Corporation
Research Report on the Data Catalog Market Addresses the Following Key Questions:
- Who are the dominant players of the Data Catalog market?
- Which regional market is anticipated to have a high growth rate over the projected period?
- What consumer trends and demands are expected to influence the operations of the market players in the Data Catalog market?
- What are the key growth drivers and restraining factors of the Data Catalog market?
- What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
- What is the overall impact of the COVID-19 pandemic on the Data Catalog market and its key segments?
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Some Key Highlights From the Report
- The solutions segment is expected to register a significant market revenue growth. Data catalog solutions address important issues with data management. Even when they are aware of datasets they control, organizations usually lack information on which are more and less trustworthy. A data lake can occasionally resemble a data swamp depending on the situation.
- The cloud segment is expected to register a steady growth rate during the forecast period. The cloud deployment method segment holds a substantial market share because end-users in the data catalog market have access to comprehensive and adaptable solutions through cloud-based solutions. It offers features such as large storage capacities, improved data security, scalability, cost savings, and efficient data storage.
- The banking and finance segment is expected to register a significant growth rate during the forecast period. Banking and financial industries were among the first industries to use data categorization. The financial analysis uses statistical techniques to pinpoint financial issues. Financial data catalog integrates historical econometrics techniques with technology components of information science. In addition, employment of Machine Learning (ML), prescriptive analytics, and predictive modeling in financial details offers good chances for understanding financial data and fixing related issues.
- The North America market is expected to register a considerable growth rate. Inventions are given special attention in the U.S. and Canada. These nations have most vibrant and most competitive data catalog markets anywhere in the globe. Due to accelerated rate of infrastructure development and massive increase of data from all industry verticals, North America is regarded as one of the most promising regions for growth.
Market Segmentations of the Data Catalog Market
This market is segmented based on Types, Applications, and Regions. The growth of each segment provides accurate forecasts related to production and sales by Types and Applications, in terms of volume and value for the period between 2022 and 2030. This analysis can help readers looking to expand their business by targeting emerging and niche markets. Market share data is given on both global and regional levels. Regions covered in the report are North America, Europe, Asia Pacific, Latin America, and Middle East Africa. Research analysts assess the market positions of the leading competitors and provide competitive analysis for each company. For this study, this report segments the global Data Catalog market on the basis of product, application, and region:
Segments Covered in this report are:
- Deployment Mode Outlook (Revenue, USD Million; 2019–2030)
- Cloud
- On-Premise
- End-User Outlook (Revenue, USD Million; 2019–2030)
- Retail & E-commerce
- Banking & Finance
- IT & Telecom
- Others
- Regional Outlook (Revenue, USD Million; 2019–2030)
- North America
- U.S.
- Canada
- Mexico
- Germany
- France
- UK
- Italy
- Spain
- Benelux
- Rest of Europe
- China
- India
- Japan
- South Korea
- Rest of APAC
- Brazil
- Rest of LATAM
- Saudi Arabia
- UAE
- South Africa
- Turkey
- Rest of Middle East & Africa
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Regional Landscape section of the Data Catalog report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.
The various regions analyzed in the report include:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key reasons to buy the Global Data Catalog Market report:
- The latest report comprehensively studies the global Data Catalog market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
- The report offers an insightful analysis of the regional outlook of the market.
- It offers a detailed account of the end-use applications of the products services offered by this industry.
- The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.
In conclusion, the Data Catalog Market report is an exhaustive database that will help readers formulate lucrative strategies. The Data Catalog Market report studies the latest economic scenario with value, drivers, constraints, growth opportunities, challenges, demand and supply ratio, production capacity, import/export status, growth rate, and others. Additionally, the report also undertakes SWOT Analysis and Porter’s Five Forces Analysis to study the leading companies.
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