Global Data catalog market to reach USD 1.82 billion by 2027.Global Data catalog market is valued at approximately USD 0.40 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 24.2 % over the forecast period 2021-2027. End users can easily analyze their data by creating their own reports using the data catalogues, allowing them to conduct self-service analytics. Furthermore, the demand for business intelligence software, rising automation technologies, real-time data availability, lower infrastructure costs, and gaining business insights are all driving the data catalogue market forward. Moreover, the evolution of self-analytic data and the intensification of data in new-age business are the primary factors that present enticing opportunities for data catalogue solution components to expand. According to Cisco Systems, 3.06 zettabytes of IP traffic will be transmitted from data centers to users in 2021. Furthermore, according to the same source, cloud traffic in North America is expected to reach 6.8 zettabytes per year by 2021. Data catalogue systems are being used by many industry verticals, including healthcare, banking, financial services, and insurance (BFSI), as well as retail and eCommerce, to access and analyze vast amounts of data, shape business strategies, and deliver business-critical decisions. For example, Zaloni Inc. announced a strategic alliance with MongoDB, a company that specializes in modern general-purpose database platforms, in September 2020. The partnership uses Zaloni's Arena platform to make data migration from MongoDM's systems to MongoDM Atlas, a cloud database, easier and more stable. MongoDB gains streamlined migration, unified management and governance, and shared data caching as a result of the collaboration. However, lack of standardization in enterprise data management may impede market growth over the forecast period of 2021-2027.
The regional analysis of the global Data catalog market is considered for the key regions such as North America, Asia Pacific, Europe, Latin America, and Rest of the World (ROW). North America is the leading region across the world in terms of market share owing to the broad adoption of digital technology and the growing need for business intelligence tools in the region. Whereas Asia Pacific is also anticipated to exhibit the highest growth rate over the forecast period 2021-2027 due to rapid expansion of the traditional enterprises and massive data generation from all industries along with adoption of self-service analytics.
Major market player included in this report are:
IBM Corporation
Microsoft Corporation
TIBCO Software Inc.
Collibra NV
Alation Inc.
Informatica Inc.
Alteryx Inc.
Altair Engineering Inc.
Amazon Web Services, Inc.
Zaloni, Inc.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Component:
Solutions
Services
By Deployment mode:
Cloud
On-Premises
By End user Industry:
BFSI
Retail & E-commerce
Healthcare
Manufacturing
Other End-user Industries
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2017, 2018-19
Base year - 2019-2020
Forecast period - 2021 to 2027.
Target Audience of the Global Data catalog market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors