Worldwide Data Catalog Market : Top 5 Major vendors (IBM (US), Informatica (US), Amazon Web Services
Added: (Wed Feb 07 2018)
Bharat Book Bureau Provides the Trending Market Research Report on “Global Data Catalog Market Forecast to 2022” under Technology & Media category. The report provides information on industry overview, market size, latest developments, industry trends, Major Vendors, global presence, and their future prospects.
Data Catalog Market is projected to grow at a CAGR of 24.2% during the forecast period
The data catalog market size is expected to grow from USD 210.0 million in 2017 to USD 620.0 million by 2022, at a Compound Annual Growth Rate (CAGR) of 24.2% during the forecast period. The generation of large volumes of data is a major factor driving the growth of the data catalog market. To formulate business strategies, organizations need to access right data residing within large volumes of heterogeneous data sources to gain business insights and to enhance the decision-making process. To achieve efficiency across business processes, enterprises need to design and layout a plan of action. This can be done by properly implementing data catalog solutions into operations.
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Lack of standardization in data management and data security and privacy concerns are expected to be major restraints for the growth of data catalog market. A predefined set of rules and regulations needs to be considered, while accessing the data. However, emerging economies are witnessing slow digitalization growth. It results in a slow growth rate of the data catalog market in those regions.
Managed Service segment is expected to grow at a highest CAGR during the forecast period
The services in the data catalog market include professional services and managed services. The managed services provide all the needed skillsets useful for maintaining and upgrading software, which is a must throughout the data catalog ecosystem. Managed service providers take care of all the software functions, while organizations are only responsible for updating and installing the business applications and configuring the company policies.
Asia Pacific (APAC) is expected to grow at the highest CAGR during the forecast period
APAC is expected to grow at the highest CAGR in the global data catalog market during the forecast period. Rapid expansion of domestic enterprises, massive growth of data generation from all industries in the region, increasing adoption of self-service analytics, and higher development of infrastructure are driving the data catalog market across end-user segments. North America is expected to hold the largest market size during the forecast period.
In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews were conducted with key people.
- By Company Type – Tier 1 - 20%, Tier 2 - 45%, and Tier 3 - 35%
- By Designation – C-level - 48%, Director-level - 37%, and Others - 15%
- By Region – North America - 22%, Europe - 45%, APAC - 26%, and the Rest of the World (RoW) - 7%
Major vendors in the global data catalog market are IBM (US), Informatica (US), Amazon Web Services (US), Alteryx (US), Collibra (Belgium), Alation (US), Microsoft (US), TIBCO Software (US), Datawatch Corporation (US), Waterline Data (US), Zaloni (US), and Tamr (US).
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