Allied Market Research

2024

Data Governance Market

Data Governance Market Size, Share, Competitive Landscape and Trend Analysis Report by Component, by Deployment Model, by Organization Size, by Application and by Industry Vertical : Global Opportunity Analysis and Industry Forecast, 2023-2032

IC : Software and Services

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Author's: | Onkar Sumant
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Data Governance Market Insights - 2027

Data governance is the general administration of the presentation of data function and data assets. It deals with the integration of data and its security, usability, accessibility, and responsibility in the organization. It is the procedure utilized to ensure that the business information follows corporate approach. Data governance provides numerous benefits such as better dynamics, operational proficiency, improved information comprehension & lineage, good information quality, administrative consistency, increased income, and others. They work primarily to collect data and implementvarious security procedures. Without this system, the coordination between different systems is not expected to remain consistent.

Numerous factors such as strict regulatory compliance, rise in data security & privacy concern along with the adoption of business intelligence (BI) and analytics to reduce customer risk drivethe growth of the data governance market globally. Moreover, heavy demand for high-quality data throughout the data life cycle of the organization boosts the market growth. However, factors such as frequent change in data regulatory policies and changes in data validation systems restraint the growth of the data governance market globally. Furthermore, increase in use of artificial intelligence(AI) in data governance and rise in use of DevOps in all company software create lucrative growth opportunities in the data governance market.

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The data governance market is segmented on the basis of component, deployment model, application, industry vertical, and region. By component, it is bifurcated into solutions and services. By deployment model, the market is categorized into the cloud and on-premise. By application, it is classified into risk management, incident management, and compliance management. By industry vertical, it is classified into BFSI, healthcare, travel & hospitality, government & defense, IT & telecommunication, retail & e-commerce, and others. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

This report includesan in-depth study of top players in the data governance market which includes IBM Corporation, Oracle, SAP AG., SAS Institute Inc., Colibri, Alation Inc., Talend, Informatica, Erwin Inc., and Infogix Inc.

Key Benefits For Stakeholders

  • The study provides an in-depth analysis of global market along with the current trends and future estimations to elucidate the imminent investment pockets.

  • Information about key drivers, restraints, and opportunities and their impact analysis on the data governance market size is provided.

  • Porter’s five forces analysis illustrates the potency of buyers and suppliers operating in the data governance market industry.

  • The quantitative analysis of the global market is provided to determine the data governance market potential.

Data Governance Market Report Highlights

Aspects Details
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By Component
  • Solutions
  • Services
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By Deployment Model
  • On-premises
  • Cloud
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By Organization Size
  • Small and Medium-Sized Enterprises (SMEs)
  • Large enterprises
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By Application
  • Incident management
  • Process management
  • Compliance management
  • Risk management
  • Audit management
  • Others
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By Industry Vertical
  • Banking, Financial Services, and Insurance (BFSI)
  • Government and defense
  • Retail and consumer goods
  • Telecommunications and IT
  • Construction and engineering
  • Others
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By Region
  • North America  (U.S., Canada)
  • Europe  (France, Germany, Italy, Spain, UK, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific)
  • LAMEA  (Latin America, Middle East, Africa)
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Key Market Players

Symantec, SAS, Oracle Corporation, Alfresco Software Inc., Informatica, SAP SE, Magnitude Software, Innovative Routines International, Data3Sixty Inc., IBM Corporation

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Data Governance Market

Global Opportunity Analysis and Industry Forecast, 2023-2032