Press release
Data Governance Market size is estimated to grow from USD 863.2 million in 2016 to USD 2,234.7 million by 2021
Data Governance
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The global data governance market size is estimated to grow from USD 863.2 million in 2016 to USD 2,234.7 million by 2021, at a Compound Annual Growth Rate (CAGR) of 21.0%. The need to meet regulations & compliance deadlines and need to improve & sustain strategic risk management has fueled the growth of data governance solutions and services. However, varying structure of regulatory policies and data address validation & quality issues are the restraining factors for the data governance market.
North America holds the largest market share in 2016 and the trend is expected to continue in the coming years. The data governance market is showing strong positive trends in the region as several companies and industries are adopting data governance software at various levels, as a part of their strategy to strive in the market and increase their productivity. The APAC market is expected to witness exponential growth and is projected to be the fastest-growing region for the global data governance market. This is due to the rising need to adhere to compliance and regulations being defined by regulatory bodies and organizations.
In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews were conducted with key people. The break-up of profiles of primary participants is given below:
By Company Type: Tier 1:20%, Tier 2: 26%, and Tier 3:59%
By Designation: C-level:35%, Director level:50%, and Others:15%
By Region: North America:35%, Europe:28%, APAC:22% and RoW: 15%
Research Coverage
The report segments the data governance market on the basis of component, which includes solutions & services; services segment is further segmented into managed services and professional services. Under professional services , the report is further segmented into support &maintenance and consulting services, under deployment models it is segmented into cloud and on-premises, under applications it is segmented into incident adjustment management, risk management, sales & marketing optimization, product & process management, and others. Under verticals, it includes Banking, Financial Services, & Insurance (BFSI), telecommunications & IT, retail & e-commerce, healthcare & life-sciences, manufacturing, government & defense, energy & utilities, construction & engineering, and others (research, education, travel & hospitality, BPO),whereas in regions, it is segmented into North America, Europe, APAC, Middle East &Africa (MEA), and Latin America.
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Key points from table of content :
Company Profiles :
(Overview, Products & Services, Strategies & Insights, Developments)*
• Collibra, Inc.
• Informatica Corporation
• SAS Institute, Inc.
• International Business Machines Corporation
• Oracle Corporation
• SAP SE
• Tibco Software, Inc.
• Talend, Inc.
• Trillium Software (Syncsort)
• Information Builders, Inc.
• Varonis Systems, Inc.
• Orchestra Networks
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