Bharatbook announces a report on “Global Data Governance Market”. The Reports to gain wide information about the top players in this market sphere, their product portfolios, and key strategies adopted by them.
Need to meet regulations and compliance deadlines is one of the biggest drivers for the data governance market globally
The global data governance market size is estimated to grow from USD 863.2 million in 2016 to USD 2,234.7 million by 2021, at a Compound Annual Growth Rate (CAGR) of 21.0%. The need to meet regulations & compliance deadlines and need to improve & sustain strategic risk management has fueled the growth of data governance solutions and services. However, varying structure of regulatory policies and data address validation & quality issues are the restraining factors for the data governance market.
The data governance solutions accounts for the largest market share during the forecast period
The data governance market by solutions is estimated to grow with the largest market share during the forecast period. Data governance solutions are used in various verticals and have various applications. The software helps understand & promote the value of data, resolve data related issues, track & oversees the delivery of data projects and services and define, approve, and maintain data strategies. Based on the data, organizations could generate business-related insights and plan the next step accordingly, when any fault occurs. Data governance solutions include data masking, data archiving, data catalog, data dictionary, access control, data collaboration and compliance, and policy management.
Asia-Pacific (APAC) is projected to grow at the highest rate during the forecast period
North America holds the largest market share in 2016 and the trend is expected to continue in the coming years. The data governance market is showing strong positive trends in the region as several companies and industries are adopting data governance software at various levels, as a part of their strategy to strive in the market and increase their productivity. The APAC market is expected to witness exponential growth and is projected to be the fastest-growing region for the global data governance market. This is due to the rising need to adhere to compliance and regulations being defined by regulatory bodies and organizations.
In the process of determining and verifying the market size for several segments and sub-segments gathered through secondary research, extensive primary interviews were conducted with key people. The break-up of profiles of primary participants is given below:
1. Collibra, Inc. (Brussels, Belgium)
2. Informatica Corporation (California, U.S.)
3. SAS Institute Inc. (North Carolina, U.S.)
4. IBM Corporation (New York, U.S.)
5. Oracle Corporation (California, U.S.)
6. SAP SE (Walldorf, Germany)
7. TIBCO Software Inc. (California, U.S.)
8. Talend Inc. (California, U.S.)
9. Information Builders (New York, U.S.)
10. Varonis Systems Inc. (New York, U.S.)
11. Orchestra Networks (Paris, France)
The report segments the data governance market on the basis of component, which includes solutions & services; services segment is further segmented into managed services and professional services. Under professional services, the report is further segmented into support & maintenance and consulting services, under deployment models it is segmented into cloud and on-premises, under applications it is segmented into incident adjustment management, risk management, sales & marketing optimization, product & process management, and others. Under verticals, it includes Banking, Financial Services, & Insurance (BFSI), telecommunications & IT, retail & e-commerce, healthcare & life-sciences, manufacturing, government & defense, energy & utilities, construction & engineering, and others (research, education, travel & hospitality, BPO), whereas in regions, it is segmented into North America, Europe, APAC, Middle East & Africa (MEA), and Latin America.
Reasons to buy the report
To get a comprehensive overview of the global data governance market
To gain wide information about the top players in this market sphere, their product portfolios, and key strategies adopted by them
To gain insights of the major countries/regions, in which the data governance market is flourishing in various industries
Related Reports: Data Governance Market
About Bharat Book Bureau:
Bharat Book Bureau is the leading market research information provider for market research reports, company profiles, industry analysis, country reports, business reports, newsletters and online databases Bharat Book Bureau provides over a million reports from more than 400 publishers around the globe. We cover sectors starting from Aeronautics to Zoology.
In case the reports don’t match your requirement then we can do a specialized Custom Research for you. Our multifarious capabilities, cross-sector expertise and detailed knowledge of various markets, put us in a unique position to take up Custom Research demands of yourself.
Contact us at:
Bharat Book Bureau
Tel: +91 22 27810772 / 27810773
Follow us on Facebook:https://www.facebook.com/BharatBook3B
Follow us on Twitter: https://twitter.com/researchbook
Follow us on Linked In:http://www.linkedin.com/company/bharat-book-bureau
Bharat Book Bureau, the leading market research information aggregator provides market research reports, company profiles, country reports, newsletters, and online databases for the past twenty four years to corporate, consulting firms, academic institutions, government departments, agencies etc., globally, including India. Our market research reports help global companies to know different market before starting up business / expanding in different countries across the world.