2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!

Which Major Market Drivers Are Expected to Boost the Growth Potential of the Data Governance Market?

The upsurge in data volumes is a significant factor propelling the growth of the data governance market. The surge in devices that generate data, for example, smartphones, wearable tech, and a wide array of sensor-equipped gadgets, coupled with the increase in popularity of the Internet of Things, cloud computing, and the forthcoming adoption of 5G, all contribute to the explosion of data volumes. Data governance enhances the quality of data, reduces the costs associated with data management, and augments data accessibility for data scientists, other analysts, and business users. For example, a December 2022 report by The Linux Foundation depicted a considerable rise in data influx for typical end-user organizations, hitting 2,208 TB, marking a 215.43% increase from the 700 TB reported in 2021. As such, the escalating growth in data volumes is anticipated to further spur the expansion of the data governance market.

Get Your Free Sample Report Now – Explore Exclusive Market Insights:

https://www.thebusinessresearchcompany.com/sample.aspx?id=5831&type=smp

#What is the Growth Potential of the Data Governance Market, and How Will It Perform by 2034?

In recent times, the data governance market has witnessed swift expansion. Its size is projected to increase from $4.35 billion in 2024 to $5.11 billion in 2025, representing a compound annual growth rate (CAGR) of 17.7%. The historical increase is contributed by factors such as the need for regulatory compliance, concerns surrounding data quality and accuracy, the implementation of risk mitigation and security processes, optimization of business processes, and a heightened understanding of the worth of data.

Expectations are high for a significant expansion in the data governance market size in the upcoming years. Calculations predict a colossal growth to $12.38 billion by 2029, driven by an impressive compound annual growth rate (CAGR) of 24.7%. The anticipated growth within this period is linked to key factors including emphasis on data privacy and ethical issues, digital adaptation strategies, democratization of data and access control, as well as globalization and data sharing. Notable trends influencing this projected growth include employing blockchain for enhanced data trust and transparency, data cataloging and metadata management, emergence of chief data officers (CDOs), governance of unstructured data, and the observance of data governance frameworks and standards.

You can Directly Purchase the Report Here:

https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=5831

What Are the Key Market Innovations in theData Governance Market Over the Coming Years?

Top firms in the data governance market are employing strategic partnership models to boost tech integration and broaden their market exposure. Strategic partnerships usually denote a joint relationship between multiple organizations that pool their skills, know-how, and efforts to accomplish shared goals or purposes. For example, in May 2024, US tech firm CG Infinity joined forces with BigID in a commercial partnership of undisclosed value. This partnership aspires to redefine data discovery and intelligence by offering state-of-the-art AI governance, data safety, privacy compliance, and operational data protection to bolster the value of data. Their collaboration harnesses CG Infinity’s nearly three-decade expertise and BigID’s top-notch solutions, empowering clients to optimize data worth and adjust to a variable circumstance. As a fresh service associate, CG Infinity would deliver advisory, deployment, technical, and procurement amenities, highlighting a ‘people-centric + transformation-driven’ strategy towards tailored resolutions.

Who Are the Top Companies Driving Innovation and Growth in theData Governance Market?

Major companies operating in the data governance market include Amazon.com Inc., Microsoft Corporation, International Business Machines Corporation, Oracle Corporation, SAP SE, Infosys Limited, SAS Institute Inc., Micro Focus International plc, Informatica LLC, TIBCO Software Inc., Varonis Systems Inc., Talend Inc., Collibra Inc., Denodo Technologies, Ataccama Corporation, Magnitude Software Inc., Infogix Inc., Infogix Inc., Reltio Inc., erwin Inc., Alation Inc., Syncsort Incorporated, Orchestra Networks Inc., Orchestra Networks Inc., Global IDs Inc., TopQuadrant Inc., Information Builders Inc., Innovative Routines International Inc., Global Data Excellence SA, Datum LLC, Data Advantage Group Inc.

Order Your Report Now For A Swift Delivery:

https://www.thebusinessresearchcompany.com/report/data-governance-global-market-report

Which Key Market Segments Comprise the Data Governance Market and Drive Its Revenue Growth?

The data governance market covered in this report is segmented –

1) By Component: Solutions, Services

2) By Deployment Model: On-Premise, Cloud

3) By Organization Size: Small And Medium-Sized Enterprises (SMEs), Large Enterprises

4) By Application: Incident Management, Process Management, Compliance Management, Risk Management, Audit Management, Data Quality And Security Management, Other Applications

5) By Industry Vertical: BFSI, Retail And Consumer Goods, Telecom And IT, Government, Healthcare, Manufacturing, Energy And Utilities, Transportation And Logistics, Other Industry Verticals

Subsegments:

1) By Solutions: Data Quality Management Tools, Data Catalogs, Metadata Management Solutions, Data Privacy And Compliance Solutions, Master Data Management (MDM) Tools

2) By Services: Consulting Services, Implementation Services, Support And Maintenance Services, Training And Education Services

Gain Exclusive Market Insights—Customize Your Research Report Today for Fast Delivery!

https://www.thebusinessresearchcompany.com/customise?id=5831&type=smp

Which Regions Are Emerging as Leaders in the Data Governance Market?

North America was the largest region in the data governance market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the data governance market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Browse Through More Reports Similar to the Global Data Governance Market 2025, By The Business Research Company:

Data Protection As A Service (DPaaS) Global Market Report 2024

https://www.thebusinessresearchcompany.com/report/data-protection-as-a-service-global-market-report

Data Governance Global Market Report 2024

https://www.thebusinessresearchcompany.com/report/data-governance-global-market-report

Alternative Data Global Market Report 2024

https://www.thebusinessresearchcompany.com/report/alternative-data-global-market-report

About The Business Research Company:

With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead in the game.

Contact us at:

The Business Research Company: https://www.thebusinessresearchcompany.com/

Americas +1 3156230293

Asia +44 2071930708

Europe +44 2071930708

Email us at [email protected]

Follow us on:

LinkedIn: https://in.linkedin.com/company/the-business-research-company

YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

Found this article helpful? Share it on: