Global Data Governance Market Outlook, Opportunities And Strategies – Includes Data Governance Market Share
Learn about the global data governance market through The Business Research Company, which provides information on data governance market size, data governance market drivers and restraints, data governance market players, the COVID-19 impact on the data governance market, and more.
The global data governance market size is expected to grow from $2.62 billion in 2021 to $3.28 billion in 2022 at a compound annual growth rate (CAGR) of 24.9%. The global data governance market size is expected to grow to $7.42 billion in 2026 at a CAGR of 22.7%.
Rapidly increasing growth in data volumes is contributing to the growth of the data governance market.
The data governance market consists of sales of data governance solutions and services by entities (organizations, sole traders, and partnerships) that refer to the process of managing the availability, usability, integrity, and security of the information in enterprise systems, based on internal data standards and policies that control data usage. Data governance describes the people, processes, and technologies that are required to manage and protect the company’s data assets to ensure that corporate data is generally understandable, correct, complete, trustworthy, secure, and discoverable. Data governance ensures that roles associated with data are clearly defined so that responsibility and accountability are being specified across the enterprise.
Global Data Governance Market Segments Include:
By Component: Solutions, Services
By Deployment Model: On-Premise, Cloud
By Organisation Size: Small and Medium-Sized Enterprises (SMEs), Large Enterprises
By Application: Incident Management, Process Management, Compliance Management, Risk Management, Audit Management, Data Quality and Security Management, Others
By Industry Vertical: BFSI, Retail and Consumer Goods, Telecom and IT, Government, Healthcare, Manufacturing, Energy and Utilities, Transportation and Logistics, Others
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the data governance market in 2021.
Strategic partnerships and collaborations have emerged as the key trends gaining popularity in the data governance market. The development of an effective data governance program will require collaboration and cooperation across several organizations in the enterprise. The foremost among these are security and analytics teams.
Major Market Players: IBM Corporation, Oracle, Collibra, Informatica, Talend, TopQuadrant, Alation, TIBCO Software Inc., Varonis, Data Advantage Group, Ataccama, Global Data Excellence, Global IDs, Microsoft Corporation, Adobe Inc, Datum LLC, Infosys Limited, Microfocus, Denodo Technologies, and Amazon Web Services Inc
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)
The Data Governance Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides data governance market overviews, analyzes and forecasts market size, share, data governance market players, data governance market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s data governance market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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