Data Catalog Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Data Catalog Market
The data catalog market size was valued at USD 878.8 million in 2023, and the market is now projected to grow from USD 1055.4 million in 2024 to USD 4680.9 million by 2032, exhibiting a CAGR of 17.7% during the forecast period of 2024-2032.
The COVID-19 pandemic extended virtual transformation, making statistics catalog adoption critical for advanced records control, governance, and accessibility, assisting agile decision-making. As organizations transitioned to remote paintings, demanding situations emerged in collaboration, having access to facts assets, and keeping records exceptional, highlighting the want for robust facts cataloging answers.
Digital transformation has caused a surge in data from assets like social media, customer interactions, and IoT gadgets, creating a pressing want for powerful records control. Data catalogs deal with this mission by using providing a centralized repository for metadata, enabling customers to without problems discover, apprehend, and access statistics throughout corporations. This facilitates higher company, management, and evaluation of statistics belongings.
Data catalogs now comprise AI and ML to automate metadata tagging, facts type, and lineage monitoring, decreasing manual efforts and improving accuracy. This automation is essential for handling extensive information from a couple of resources and structures. AI and ML offer specific insights into information glide and transformations, supporting agencies ensure facts accuracy, trace troubles, and follow regulatory necessities effectively.
Comprehensive Analysis of Data Catalog Market
The data catalog market growth is rising at an exponential rate due to its market segmentation. This marketplace enlargement successfully affords an in-depth local exam thinking about the dominant deliver and demand forces that effect the enterprise. These segmentations are methodically segregated by deployment analysis, by enterprise type analysis, by industry analysis. By deployment analysis include, cloud and on-premises. By enterprise type analysis include, large enterprises and SMEs. By industry analysis include BFSI, healthcare, manufacturing, retail, IT, and others (education, media & entertainment, and others).
The North America region lead the data catalog market share by benefitting a market size of USD 329.0 million in 2023 due to U.S. Monetary offerings region calls for robust records management to satisfy regulatory requirements, take care of complex data systems, and make sure accurate reporting.
The pinnacle players inside the market play a critical function in the enterprise assuring market growth and placing marketplace requirements. These players include, Key players in the data catalog market include Alation, Collibra, Informatica, Atlan, BigID, QlikTech, TIBCO Software, Boomi Corporation, Okera, and Tableau Software. These market players provide a level-playing competitive landscape.
In February 2024, Collibra released Collibra AI Governance, built on their Data Intelligence Platform, enabling organizations to deliver relied on AI correctly via the usage of Collibra Data Catalog. It aided groups in participating for compliance, progressed version performance, decreased hazard, and brought about faster production timelines.
Segmentation Table
ATTRIBUTE DETAILS
Study Period 2019-2032
Base Year 2023
Estimated Year 2024
Forecast Period 2024-2032
Historical Period 2019-2022
Growth Rate CAGR of 17.7% from 2024 to 2032
Unit Value (USD million)
Segmentation By Deployment
Cloud
On-premises
By Enterprise Type
Large Enterprises
SMEs
By Industry
BFSI
Healthcare
Manufacturing
Retail
IT
Others (Government, Media & Entertainment)
By Region
North America (By Deployment, By Enterprise Type, By Industry, and By Country)
U.S.
Canada
Mexico
South America (By Deployment, By Enterprise Type, By Industry, and By Country)
Brazil
Argentina
Rest of South America
Europe (By Deployment, By Enterprise Type, By Industry, and By Country)
U.K.
Germany
France
Italy
Spain
Russia
Benelux
Nordics
Rest of Europe
Middle East & Africa (By Deployment, By Enterprise Type, By Industry, and By Country)
Turkey
Israel
GCC
North Africa
South Africa
Rest of Middle East & Africa
Asia Pacific (By Deployment, By Enterprise Type, By Industry, and By Country)
China
Japan
India
South Korea
ASEAN
Oceania
Rest of Asia Pacific
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