Data Governance Market Size Global Leading Players, Industry Updates, Future Growth, Business Prospects, Forthcoming Developments and Future Investments by Forecast to 2027
Market Scenario:
According to Market Research Future (MRFR), the global Data Governance Market Size
is estimated to grow at USD 2 billion, with an 18% CAGR from 2016 to 2022 (forecast period). The research report offers a summary of the effect of COVID-19 on current/future market conditions. The report outlines some of the key market factors that will affect the growth of the industry, such as market share, the critical region, and key players.
Data governance is a control system that ensures that data access by automated processes encounters exact standards, such as business rules and data integrity constraints in the data model.
COVID-19 Analysis:
The business impact of SARS-CoV-2 has been felt across diverse sections of the information technology industry, albeit at different levels. Companies in the technology sector that supply services for verticals like travel, retail, hospitality, and entertainment have noted a dramatic decrease in sales, while the firms that provide services related to remote worker solutions have observed the opposite. Data Governance Market Size’s fate post pandemic has been relatively less grim compared to Education Services (ES) and Professional Services (PS) that are mostly dependent on components that are generally on-site. Novel coronavirus has Data Governance Market Size toopen new avenues for those firms that are on the lookout for solutions that are reliable, efficiently managed, scalable, and are subscription-based, to remain more focused on the core business. The Data Governance Market Size is bearing lesser impact of the COVID-19 outbreak compared to most other segments of the tech world.
In a nutshell, COVID-19 impact on managed services has been fruitful, with the market growth enhanced than before. Given the prevalent lockdown situation, managed services vendors are now investing heavily in remote-centric worker solutions, which can make the market highly resilient in the coming years, even as the world is currently rushing to achieve a COVID-19 breakthrough.
Request a Free Sample @ https://www.marketresearchfuture.com/sample_request/2362 Competitive Outlook:
Notable players in the global data governance market are Alation Inc. (U.S.), Data3Sixty Inc. (U.S.) and Reltio Inc. (U.S.), Global Data Excellence (Switzerland), Magnitude Software, Inc.(U.S.), Informatica (U.S.), SAP SE(Germany), Alfresco Software Inc.(U.S.), International Business Machines(IBM)(U.S.), and Symantec Corporation(U.S.) among others.
Segmentation:
The global data governance market has been segmented on the basis of components, function, deployment, organization, and application Industry.
By components, the global data governance market has been segmented into solutions, services, support maintenance.
By function, the global data governance market has been segmented into operations & IT, legal, finance.
By deployment, the global data governance market has been segmented into on-premise and on cloud.
By organization, the global data governance market has been segmented into applications sales and marketing, product and process management, risk management, and among others.
By application industry, the global data governance market has been segmented into IT and telecom retail, financial services, healthcare, government, and among others.
Regional Analysis:
Region-wise, the global data governance market has been segmented in North America, Europe, Asia Pacific, and the Rest of the World.
North America is expected to hold the largest market share and dominate the data governance market in the forecast period due to significant investments in cloud-based solutions, early adoption of new technologies, and a large number of players in the region. The APAC market is expected to see exponential growth and is likely to be the most emerging region in the global market for data governance. This is due to the increasing need to follow compliance and the regulation being established by regulatory bodies and organizations in the region. The Operations & IT market led the Europe Data Governance Market by Function and would remain a leading market until the forecast period.
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Table of Contents:
1 Executive Summary
2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Research objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
Continued….
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