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Leading Element Driving Change in the Data Catalog Market in 2025: Growth Trends In Data Loss And Cybercrime Boosts Data Catalog Market Driver
Data Catalog Market
The escalation of cybersecurity threats is anticipated to drive the expansion of the data catalog market. Cybersecurity threats encompass potential risks or hazards stemming from weaknesses in computer systems, networks, and digital infrastructure. The surge in cybersecurity threats can be attributed to the spread of IoT devices with insufficient security features, emerging attack vectors, and the absence of comprehensive cybersecurity strategies, such as firewalls, antivirus software, intrusion detection systems, encryption, and access controls. Data catalogs aid in compliance with data protection regulations like GDPR, CCPA, HIPAA, and PCI DSS by offering insight into data usage, storage, and access patterns. Enterprises can leverage data catalogs to exhibit compliance with regulatory demands, enforce data retention protocols, and oversee data access for auditing objectives. For example, in July 2024, Check Point, a software security provider based in Israel, reported that cyber-attacks worldwide are escalating, with a 30% jump in weekly attacks on corporate networks in Q2 2024 compared to Q2 2023, and a 25% increase from Q1 2024. Companies encountered an average of 1,636 attacks per week. Consequently, the escalation of cybersecurity threats is fueling the expansion of the data catalog market.
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What growth opportunities are expected to drive the data catalog market's CAGR through 2034?
In recent times, there has been a significant increase in the market size of the data catalog. It's projected that its value of $1.1 billion in 2024 will rise to $1.38 billion in 2025, illustrating a compound annual growth rate (CAGR) of 25.1%. The surge during the historic period is likely due to the emergence of big data, the need for regulatory compliance, issues of data silos and fragmentation, the transition to cloud computing, and the demand for self-service analytics.
The market for data catalogs is predicted to witness a significant expansion in the coming years, escalating to $3.33 billion by 2029 with a Compound Annual Growth Rate (CAGR) of 24.7%. This notable surge over the forecast period is largely due to factors such as metadata management powered by AI, improvements in data governance and privacy, along with hybrid and multi-cloud data management, as well as advanced data discovery and exploration. Key trends during this forecast period encompass data catalogs as a service (DCaaS), analytics platforms incorporating embedded data catalogs, enhanced features facilitating data collaboration, data catalogs bolstering DataOps and DevOps integration, and data catalogs boosted by Natural Language Processing (NLP).
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What are the emerging trends shaping the future of the data catalog market?
Key players in the data catalog industry are becoming increasingly invested in creating innovative technologies, such as data management services utilizing machine learning, in order to secure a stronger foothold in the market. These machine learning-integrated services facilitate organizations in effectively managing, cataloguing, sharing, and analysing their data. For example, in November 2022, Amazon Web Services, a prominent US cloud computing firm, unveiled Amazon DataZone, a novelty data management service enriched with machine learning features. This service permits data producers to fill a business data catalog with structured data assets acquired from platforms like AWS Glue Data Catalog and Amazon Redshift. Meanwhile, data consumers have the ability to search, subscribe to, and examine these data assets. The service is designed to simplify data management operations, improve data discoverability, and encourage productive cooperation within teams to enable superior insights and data-driven decision-making.
Which growth-oriented segments of the data catalog market are leading the industry's development?
The data catalog market covered in this report is segmented -
1) By Component: Solutions, Services
2) By Deployment Mode: Cloud, On-Premise
3) By End-user Industry: Banking, Financial Services, and Insurance, Retail And E-commerce, Healthcare, Manufacturing, Other End-user Industries
Subsegments:
1) By Solutions: Data Discovery And Classification Solutions, Data Governance And Compliance Solutions, Metadata Management Solutions, Data Integration And Data Pipeline Solutions, Data Quality Management Solutions, Data Lineage Solutions, Self-Service Data Catalog Solutions, Cloud-Based Data Catalog Solutions, Machine Learning And Ai-Powered Data Catalog Solutions, Collaboration And Sharing Tools Within Data Catalogs
2) By Services: Consulting Services, Implementation And Integration Services, Customization Services, Data Migration And Data Management Services, Training And Education Services, Support And Maintenance Services, Managed Services, Cloud Migration Services, Data Governance And Compliance Advisory Services
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What regions are leading the charge in the data catalog market?
North America was the largest region in the data catalog market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the data catalog market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
What companies are at the forefront of innovation in the data catalog market?
Major companies operating in the data catalog market are Microsoft Corporation, Amazon Web Services Inc., International Business Machines Corporation, Oracle Corporation, Hitachi Vantara Corporation, Tableau Software LLC, Informatica LLC, TIBCO Software Inc., Alterynx Inc., Unifi Software Inc., QlikTech International AB, Altair Engineering Inc., Boomi Inc., Precisely Inc., Talend Inc., Alation Inc., Datawatch Corporation, Tamr Inc., BigID Inc., Zaloni Inc., Atlan Pte. Ltd., Collibra Inc., Okera Inc., Apache Software Foundation, Waterline Data Inc.
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What Is Covered In The Data Catalog Global Market Report?
• Market Size Forecast: Examine the data catalog market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the data catalog market for a structured understanding.
• Key Players Overview: Analyze major players in the data catalog market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the data catalog market.
• Segment Contributions: Evaluate how different segments drive overall growth in the data catalog market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the data catalog market.
• Industry Challenges: Identify potential risks and obstacles affecting the data catalog market.
• Competitive Landscape: Review strategic developments in the data catalog market, including expansions, agreements, and new product launches.
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