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Data Catalog Market Expected to Grow $620.0 Million by 2022

05-19-2020 12:12 PM CET | IT, New Media & Software

Press release from: MarketsandMarkets(TM)

Data Catalog Market, Data Catalog

Data Catalog Market, Data Catalog

According to research report "Data Catalog Market by Component (Solution and Service), Deployment Mode (Cloud and On-Premises), Data Consumer (BI Tools, Enterprise Applications, Mobile and Web Applications), Enterprise Size, End-User, and Region - Global Forecast to 2022", published by MarketsandMarkets, the global 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.

Data proliferation and an increasing adoption of self-service analytics are some of the major driving factors for the data catalog market. Furthermore, the increasing demand for intelligent business processes and growing innovation across end-use industry verticals are expected to provide growth opportunities for the market.

Browse 66 market data Tables and 44 Figures spread through 126 Pages and in-depth TOC on "Data Catalog Market - Global Forecast to 2022"
https://www.marketsandmarkets.com/Market-Reports/data-catalog-market-48918216.html
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Integrated solution segment is expected to grow at the highest CAGR in the global data catalog market during the forecast period

Many enterprises store large volumes of structured and unstructured data at internal as well as external systems; a quick access to the data stored at disparate sources has become important to gain better insights for making business-related decisions. To achieve these benefits, enterprises are deploying integrated solutions that provide various benefits to the data users with a single solution. Benefits include improved data quality, optimization of individual productivity, eradication of data duplication and silos, and simplified data discovery.

The Business Intelligence (BI) tools segment is expected to hold the largest market size during the forecast period

The demand for data consumers is growing with the evolution of data catalog technology. BI tools, in particular, are expected to grow at the highest CAGR during the forecast period. Solutions offered by vendors need to be integrated to avail industry's best practices for data catalog solutions. The market for BI tools is expected to hold largest market size owing to the increasing need for deployment of data catalog solutions either in the cloud or on-premises.

North America is expected to hold the largest market share during the forecast period

North America is the most competitive and rapidly changing data catalog market in the world. The region has witnessed high adoption of data catalog solutions, due to the increasing demand for BI tools and higher adoption of digital technologies. The US and Canada are projected to extensively implement data catalog solutions. Hence, North America is expected to hold the largest market size in the global data catalog market during the forecast period.

Speak to Our Expert Analyst: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=48918216

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).

Contact:
Mr. Aashish Mehra
MarketsandMarkets(TM) INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com

About MarketsandMarkets(TM)

MarketsandMarkets(TM) provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets(TM) for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets(TM) are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets(TM) now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets(TM) is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

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