Enterprise Data Management Industry by Production, Consumption Professional Analysis, Business Prospect, Regional Growth and Forecast to 2027
Market Overview.
The global Enterprise Data Management Industry is predicted to expand at 12% CAGR over the forecast period. It is driven by on-time authentic solutions and demand for risk management solutions. The need for in-house data management restrictions for large data volumes can bode well for the market. Organizations can have different pipelines for different types of data and manage it separately. Changing laws on data security and privacy can lead to higher governance of data from governments which can be possible through EDM. Adoption of cloud and compliance to data governance can favour the market in the coming years.
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Competitive Analysis:
SAP SE, MongoDB, Liasion Technologies, Primitive Logic, Jade Global, Talend, IBM Corporation, Oracle Corporation, Mindtree, Cognizant, Mulesoft, Goldensource, Solix technologies Inc., SAS Institute Inc., Accenture, Symantec Corporation, Teradata Corporation, and Intel Security are key players of the global enterprise data management market. Launch of new products and adherence to environmental agency regulations are major priorities of players.
Segmental Overview:
By component, the enterprise data management market is sub-segmented as solutions and services. By services, the market is divided into professional services and managed services. The professional services are further segmented into implementing & integrating services, consulting services, and training & support services. Solutions are segregated into data synchronization, data integration, data warehousing, data governance, data processing, data security, data quality, and others.
On the basis of organization type, the market is divided into large enterprise and small & medium enterprise. Large enterprises are likely to gain the larger share of the market owing to compliances with authorities and use of analytics to detect fraud.
By deployment, the market is divided into on-cloud and on-premises. The on-cloud deployment is estimated to register a high growth rate over the forecast period owing to high scalability and low cost of resources of cloud.
By end-user, the enterprise data management market is segmented into government, IT & telecom, BFSI, energy & power, manufacturing, healthcare, transportation & logistics, and others. The IT & telecom sector is touted to register a strong growth rate over the forecast period due to new data governance policies launched by leading authorities to control data usage.
Regional Analysis:
North America, Europe, Asia-Pacific (APAC), and Rest of the World (RoW) are regions considered for the global enterprise data management market.
North America is expected to dominate the market owing to shift to cloud and rapid utilization of data migration software. Data monetization and data consistency within organizations to leverage on large data volumes can lead to rapid adoption of EDM software in the region.
APAC, on the other hand, is reported to be the fastest-growing market owing to rapid shift to new data architecture models and increased investment in the IT sector. Japan, India, China, and South Korea are major contributors to the regional enterprise data management market.
Industry News
TIBCO Software Inc. has enhanced its TIBCO EBX product that allows enterprises to leverage on the large volume of data and design data models. The models can manage data content by using collaborative workflows, hierarchy management, and data authoring.
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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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