Data Governance Market 2024-2028
The data governance market is forecasted to grow by USD 5387.7 mn during 2023-2028, accelerating at a CAGR of 21.1% during the forecast period. The report on the data governance market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by stricter regulations and compliance requirements for data, rising incidents of data breaches, and growing digital transformation in business organizations.
Technavio's data governance market is segmented as below:
- By Application
- Risk management
- Incident management
- Audit management
- Compliance management
- Others
- By Deployment
- On-premises
- Cloud-based
- By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the increasing focus of vendors on new product launches and innovations as one of the prime reasons driving the data governance market growth during the next few years. Also, automation and ai integration into data governance solutions and increasing focus on strategic partnerships and collaborations by vendors will lead to sizable demand in the market.
The report on the data governance market covers the following areas:
- Data Governance Market sizing
- Data Governance Market forecast
- Data Governance Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading data governance market vendors that include Alation Inc., Alex Solutions, Alteryx Inc., Ataccama Corp., Broadcom Inc., Collibra, erwin, Informatica Inc., International Business Machines Corp., Microsoft Corp., OneTrust LLC, Open Text Corporation, Oracle Corp., Precisely, Privacera Inc, Salesforce Inc., SAP SE, SAS Institute Inc., Securiti, Inc, Syniti, Talend Inc, TIBCO Software Inc., and Varonis Systems Inc.. Also, the data governance market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.