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Data Catalog Market May Set New Growth Story
Data Catalog Market by Component, Application, Services, and Region- Forecast to 2025The Global Data Catalog Market Research Report 2021-2025 published by MarketInsightsReports is a significant source of keen information for business specialists. It furnishes the Data Catalog business outline with development investigation and historical and futuristic cost analysis, income, demand, and supply information (upcoming identifiers). The research analysts give a detailed depiction of the Data Catalog worth chain and its wholesaler examination. Data Catalog Market study gives extensive information which upgrades the agreement, degree, and use of this report.
The Data Catalog Market is expected to grow at a CAGR of 25.7% over the forecast period 2020 to 2025.
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Top Leading Companies of Data Catalog Market are IBM Corporation, Microsoft Corporation, TIBCO Software Inc., Collibra NV, Alation Inc., Informatica Inc., Alteryx Inc., Datawatch Corporation, Amazon Web Services, Inc., Zaloni, Inc., Oracle Corporation, Hitachi Vantara LLC and others.
-Industry News And Updates on Data Catalog Market-
North America to Dominate the Data Catalog Market
- North America is presumed to be the most significant revenue-generating region, as there is a particular focus on innovations in the US and Canada. These nations have the most competitive and quickly changing data catalog markets in the world. A higher rate of infrastructure growth and the massive growth of data from all industry verticals are expected to make North America one of the top potential markets for growth.
- Moreover, North America is the most competitive is leading the global data catalog market owing to the broad adoption of digital technology and the growing need for business intelligence tools across the globe. The accelerated expansion of the traditional companies and massive data generation from every industry, along with the adoption of self-service analytics, leads to growth in this region.
-Key Market Trends Data Catalog Market-
Solutions Segment is Expected to Hold a Larger Market Size
- In the data catalog market, the solutions segment is anticipated to possess a larger market size through the forecast period. The combined solution renders optimization of individual productivity, improved data quality, elimination of data duplication and data silos, and simplified data discovery.
- The advancement of self-analytic data and the intensification of data in the new age business are the principal factors that present alluring opportunities for the growth of data catalog solution components.
- For instance, according to Cisco Systems in 2021, 3.06 zettabytes of IP traffic are expected to pass from data centers to users. Besides, according to the same source in the year 2021, cloud traffic in North America will amount to an estimated 6.8 zettabytes per year.
-Competitive Landscape On Data Catalog Market-
June 2020 - Collibra, launched the Collibra Data Intelligence Cloud, an end-to-end integrated platform that automates data workflows, provides deep visibility into the data ecosystem, ensures security, and delivers trusted insights. Collibra Data Intelligence Cloud provides business, data governance, and privacy users with a streamlined means of accessing trusted data, which they can then analyze with the tools they already use.
- May 2020 - Alation has announced the creation of a public data catalog populated with information to track COVID-19. The COVID-19 data catalog was designed as a collaboration platform where a community of data scientists, researchers and epidemiologists can work to answer key questions about the Coronavirus.
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