Data Governance Market Exhibit a Steady 21.24% CAGR by 2023: Covering – Market Share, Market Segmentation (by Major Players, Type, Application), Market Size & Growth | 360 Research Reports
Global Data Governance Market 2019-2023 released by 360 Research Reports considers the past, current and future state of the industry while encapsulating modest landscape analysis, manufacturers, marketing strategies, industry effect factor analysis. An unbiased and detailed analysis of the on-going trends, opportunities/ high growth areas has been included to help stakeholders to device and align Data Governance market strategies according to the current and future market. All enterprise profiles of the main players and brands are shown in this research. The report presents the drivers and restrictions of the market that have been explained by SWOT analysis.
Top-Listed Players mentioned in Data Governance Market Research Report 2019-2023:
- SAS Institute Inc.
- TIBCO Software Inc.
- SAP SE
- Alation Inc.
- Alfresco Software Inc.
- Informatica Corporation
- Orchestra Networks
- Symantec Corporation
- IBM Corporation
- Oracle Corporation
- Talend Inc.
- Varonis Systems Inc.
Request a Sample copy of the Report – https://www.360researchreports.com/enquiry/request-sample/13104234
Overview of Data Governance Market Report:
The Data Governance market is expected to register a CAGR of over 21.24% during the forecast period (2018 – 2023) and expected to reach USD 3.62 billion by 2023. The scope of the report is limited to deployment of data governance solutions, its components, business function, organization size, and various end-user industries. The regions considered in the scope of the report include – North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.
Data governance is a control system that ensures reliable and appropriate supervision of an organization’s data across the business. Several benefits of data governance include a reduction in risk, improved data quality, increased transparency, effective inventory control, and improved rules and standards. The rapidly increasing growth in data volumes and rising regulatory and compliance mandates are projected to drive the growth of data governance market. However, issues related to varying structure of regulatory policies and data address validation are estimated to challenge the growth of the market.
Increasing Growth of Data Volume to Provide Immense Opportunity
According to Aureus Analytics report, the world’s data volume is expected to grow by 40% per year, and 50 times by 2020. Human- and machine-generated data is experiencing an overall 10x faster growth rate than traditional business data, and machine data are increasing even more rapidly at 50x the growth rate. With the growing new technologies, such as IoT and artificial intelligence companies, such as Walmart are adopting data governance solutions to ensure enterprise data is authorized and organized in a database with as few errors as possible while maintaining, both privacy and security. According to erwin Inc., deploying data governance solutions can increase process efficiency by 5%, reduce product defects by 15%, and increase profit margin by 10%.
Asia-Pacific to be the Fastest Growing Market
Asia-Pacific is projected to be the fastest growing region for data governance market, owing to the growing technology expenditures in economies, such as China, India, Singapore, and Australia. The demand for cost-effective data management and governance solutions and services among small- and medium-sized enterprises (SMEs) is further driving the demand for data governance market in the region.
According to the report published by Dow Jones Venture Source, in 2017, China accounts for 46% of the combined valuation for the top 10 most valuable unicorns (privately held Startup Company with a current valuation of USD 1 billion or more). The increasing investment in infrastructure upgrades and digitization, such as emergence in AI and IoT in various sectors in the region have also resulted in the higher adoption of data governance solutions in the region.
Key questions answered in this report
- What will be the Market size in 2024 and what will be the growth rate?
- What are the key factors driving the global Data Governance Market?
- Who are the key vendors in this Data Governance Market space?
- What are the challenges to Market growth?
- What are the Data Governance Market opportunities and threats faced by the vendors in the global Data Governance industry?
- What are the strengths and weaknesses of the key vendors?
- What are sales, revenue, and price analysis by types and applications of Data Governance Market?
- What are sales, revenue, and price analysis by regions of Data Governance industry?
Enquire before purchasing this report @ https://www.360researchreports.com/enquiry/pre-order-enquiry/13104234
Reasons to Purchase this Report
Our report offers:
- Market share assessments for the regional and country level segments.
- Market share analysis of the top industry players.
- Strategic recommendations for the new entrants.
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub-segments and the regional markets.
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations).
- Strategic recommendations in key business segments based on market estimations.
Competitive landscaping mapping the key common trends.
- Company profiling with detailed strategies, financials, and recent developments.
Supply chain trends mapping the latest technological advancements.
Purchase this report (Price 4250 USD for a single-user license) @ https://www.360researchreports.com/purchase/13104234
Top Most Regions Covered In Data Governance Market Research Report 2019-2023:
- United States
- United Kingdom
- South Korea
- South Africa
Conclusively, this report will provide you a clear view of each fact of the market without a need to refer to any other research report or a data source. Our report will provide you with all the facts about the past, present, and future of the concerned Market.
About 360 Research Reports:
360 Research Reports is a credible source for gaining the market research reports that will exponentially accelerate your business. We are among the leading report resellers in the business world committed to optimizing your business. The reports we provide are based on research that covers a magnitude of factors such as technological evolution, economic shifts and a detailed study of market segments.
Mr. Ajay More
Phone: +14242530807 / + 44 20 3239 8187
Email: [email protected]