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What Is The Leading Driver Behind Growth Trends In Data Loss And Cybercrime Boosts Data Catalog Market Market Expansion in 2025
Data Catalog Market
Data Catalog Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size for data catalogs has seen significant expansion in the past few years. It's projected to rise from $1.1 billion in 2024 to $1.38 billion in 2025, with a compound annual growth rate (CAGR) of 24.8%. Factors contributing to the growth experienced in the historic period include the emergence of big data, regulatory compliance necessities, data silos and fragmentation, a move towards cloud computing, and a push for self-service analytics.
Data Catalog Market Size Forecast: What's the Projected Valuation by 2029?
Anticipated significant expansion in the data catalog market size over the coming years is foreseen, reaching up to $3.12 billion by 2029 with a compound annual growth rate (CAGR) of 22.8%. The progress in the prediction timeframe is due to the influence of AI-driven metadata management, data governance improvements, privacy augmentations, as well as hybrid and multi-cloud data management, alongside advances in data discovery and exploration. Distinct trends over this period encompass data catalogs provided as a service (DCaaS), the incorporation of data catalogs into analytics platforms, the enhancement of data collaboration functions, the use of data catalogs for DataOps and DevOps integration, and the enrichment of data catalogs with natural language processing (NLP).
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What Are the Drivers Transforming the Data Catalog Market?
The escalation of cybersecurity hazards is predicted to spur the expansion of the data catalog market. These threats encompass potential risks originating from weaknesses in computer systems, networks, and digital foundations. The surge in cybersecurity threats can be attributed to the expansion of IoT devices with limited security features, novel attack vectors, and the absence of sturdy cybersecurity mechanisms like firewalls, antivirus software, intrusion detection systems, encryption, and access controls. Data catalogs assist in bolstering compliance efforts with data protection norms such as GDPR, CCPA, HIPAA, and PCI DSS, by offering visibility into data usage, storage, and data accessibility patterns. Organizations can utilize data catalogs to show adherence to regulatory stipulations, execute data retention guidelines, and track data access for auditing purposes. For example, in July 2024, a report by the Israel-based software security provider, Check Point, disclosed that cyber attacks are escalating globally, with a 30% surge in weekly attacks on professional networks in Q2 2024 in contrast to Q2 2023, and an uptick of 25% from Q1 2024. On average, organizations were subject to 1,636 attacks per week. Thus, the rise in cybersecurity threats is fueling the expansion of the data catalog market.
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What Long-Term Trends Will Define the Future of the Data Catalog Market?
Leading entities in the data catalog industry are pivoting towards the development of innovative technologies, mainly focused towards incorporating machine learning capabilities into new data management services. This approach is taken in a bid to secure a competitive edge in the market. These advanced data management services blend seamlessly with machine learning capabilities, thereby allowing organisations to effectively govern, catalog, scrutinize, and share their respective data. To illustrate this, Amazon Web Services, a prominent US-based cloud computing enterprise, rolled out a new ML-powered data management service known as Amazon DataZone in November 2022. This service empowers data creators to fill a business data catalog with structured data assets deriving from services like Amazon Redshift and AWS Glue Data Catalog. On the other hand, data consumers can search, subscribe to, and examine these data assets. The primary objective of this service is to simplify the process of data management, augment data discoverability, and promote effective teamwork, which leads to enhanced insights and data-driven decision-making.
Which Segments in the Data Catalog Market Offer the Most Profit Potential?
The data catalogmarket 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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Which Firms Dominate the Data Catalog Market by Market Share and Revenue in 2025?
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.
Which Regions Offer the Highest Growth Potential 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.
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