Enterprise Metadata Management Market: Global Industry Analysis and Forecast (2023-2029)

Enterprise Metadata Management Market size was valued at US$ 8.29 Bn. in 2022 and the total revenue is expected to grow at a CAGR of 22.3% through 2023 to 2029, reaching nearly US$ 33.97 Bn.
Enterprise Metadata Management Market Overview:
Enterprise metadata management gives you the visibility you need to manage change while avoiding errors. It provides a comprehensive view of data across the organization. EMM provides a well-organized flow of data between different systems and increases access to information through context. Simplify data discovery and data inheritance with rich data records across the enterprise. Most businesses have to deal with increasingly complex systems that span multiple locations and platforms. By successfully managing metadata, organizations can develop their data inventory and understand its transformation throughout its lifecycle, as well as the scope of the meaning, form, and location of each piece of data.
Enterprise Metadata Management Market Snapshot
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Enterprise Metadata Management Market Dynamics:
Artificial Intelligence's rise for dependable data quality and administration, including risk management and incident adjustment management business applications, increases overall metadata governance and opens up chances for market growth. The global enterprise metadata management market is rising due to the increase of data warehouses, data mining, and data pooling operations, as well as a growing focus on building centralised data control to boost IT productivity across the company.

Management of metadata Enhanced data quality through automation, with the governance and operationalization of the data pipeline, data quality is increasingly secured to the benefit of all data stakeholders. All data errors and inconsistencies within an organization's connected data sources are captured in real time, resulting in improved data quality overall. This also lengthens the time it takes to extract information from the data.

Data scientists currently spend up to 80% of their time obtaining, understanding, and resolving problems rather than evaluating data to derive meaningful value. Stronger data operations and analytics can significantly minimise this time, allowing for faster insights and access to underlying metadata.

Greater accuracy levels of up to 70% are ensured by automating metadata management, resulting in faster project delivery for data mobility and project deployment. Automated metadata management collects metadata from a variety of sources, maps all data elements from sources to targets, and improves data integration across platforms.

Metadata management adds value to a company's bottom line through boosting innovation, collaboration, and risk mitigation. Organizations may use metadata management systems like DQLabs.ai to ensure that they have access to high-quality and trusted data, ensuring that they gain correct insights from their data for their business goals.
Enterprise Metadata Management Market Segment Analysis:
Based on the Deployment Type, the market is segmented into On-Premise, and Cloud. Cloud-based enterprise metadata management segment is expected to hold the largest market share of xx% by 2029. This rapid growth is owing to the ease with which these services can be installed, as they do not require the costly installation of on-premise hardware and services and can be simply integrated into existing infrastructure. Several multinational corporations are adopting cloud services due to advantages such as cheaper operational costs and increased scalability.

Cloud-based enterprise metadata management offers plenty of benefits such as easy access, customized reports, alerts, and so on. Excel sheets are generally saved on a shared drive that is only accessible from business PCs. If your data is stored on the cloud, you can access it from any computer, smartphone, or tablet device at any time. You may create customised reports that generate the exact data you need in just a few clicks with a cloud-based platform. When human error occurs, the metadata stored in an Excel sheet can be compromised. You can set up alerts in a cloud system to be notified when a specific field is changed. You can immediately inspect the job and ensure that the data's integrity is preserved.

Based on the Application, the market is segmented into Governance and compliance management, Risk management, Product and process management, Incident management, and others. Product and process management segment is expected to grow rapidly at a CAGR of xx% during the forecast period 2022-2029. This is due to the rising utility of management services for the adaptation of operations and design of product verticals, this segment had a major share of the business.

Governance and compliance management segment is expected to grow rapidly at a CAGR of 24.5% during the forecast period 2022-2029. This is due to the ever-increasing requirement for data management. When a compliance management solution is established, the administration becomes easier because it provides information on the subject and allows for changes.
Enterprise Metadata Management Market Regional Insights:
North America region is expected to dominate the Enterprise Metadata Management market during the forecast period 2022-2029. North America region is expected to hold the largest market share of xx% by 2029. This is because of its growing popularity in a variety of applications. Besides, a technological advance occurring across the region is driving this market forward. In addition, the use of cloud technology in the North America region is extremely high. Metadata generation is growing at an exponential rate as more industries adopt IoT and smart devices to improve operations. As a result, enterprise metadata management is being more widely used to improve performance in the North America region.

Europe region is expected to grow rapidly at a CAGR of 24.1% during the forecast period 2022-2029. Reference metadata reporting standards for the European Statistical System (ESS) provide a set of international standards for exchanging statistical data between organisations. This is the key factor that is expected to drives the growth in the Europe region in the enterprise metadata management market during the forecast period.The objective of the report is to present a comprehensive analysis of the Global Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The reports also help in understanding the Global Market dynamic, structure by analyzing the market segments and project the Global Market size. Clear representation of competitive analysis of key players by Product Type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Market make the report investor’s guide.
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Enterprise Metadata Management Market


Report Coverage
Details


Base Year:
2022
Forecast Period:
2023-2029


Historical Data:
2018 to 2022
Market Size in 2022:
US $ 8.29 Bn.


Forecast Period 2023 to 2029 CAGR:
22.3%
Market Size in 2029:
US $ 33.97 Bn.


 Segments Covered:
by Deployment Type
On-Premise
Cloud


by Application
Governance and compliance management
Risk management
Product and process management
Incident management
Others


by Metadata Type
Business Metadata
Technical Metadata
Operational Metadata


by Component
Tools
Services


by End-Use
BFSI
Telecommunication & IT
Retail and Ecommerce
Healthcare and Lifesciences
Manufacturing
Government and Defense
Energy and Utilities
Media and Entertainment
Others



Enterprise Metadata Management Market, by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and the Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and the Rest of APAC)
South America (Brazil, Argentina Rest of South America)
Middle East & Africa (South Africa, GCC, Egypt, Nigeria and the Rest of ME&A)
Enterprise Metadata Management Market, Key Players are:
1. Adaptive
2. ASG Technologies
3. Cambridge Semantics
4. CentricMinds
5. Collibra
6. Data Advantage Group
7. IBM
8. Informatica
9. Oracle
10. SAP
11. Talend
12. Topquadrant
13. Mulesoft
14. Global Ids
15. Smartlogic
16. Idera
17. erwin
18. Information Builders
Frequently Asked Questions:
1] What segments are covered in Enterprise Metadata Management Market report?
Ans. The segments covered in Enterprise Metadata Management Market report are based on Deployment Type, Application, Metadata Type, Component, and End-Use.

2] Which region is expected to hold the highest share in the Enterprise Metadata Management Market?
Ans. North America is expected to hold the highest share in the Enterprise Metadata Management Market.

3] Who are the top key players in the Enterprise Metadata Management Market?
Ans. Adaptive, ASG Technologies, Cambridge Semantics, CentricMinds, Collibra, Data Advantage Group, and IBM are the top key players in the Enterprise Metadata Management Market.

4] Which segment held the largest market share in the Enterprise Metadata Management market in 2022?
Ans. Cloud-based enterprise metadata management segment held the largest market share in the Enterprise Metadata Management market by 2022.

5] What is the market size of the Enterprise Metadata Management market by 2029?
Ans. The market size of the Enterprise Metadata Management market is expected to reach US$ 33.97 Bn. by 2029.

6] What was the market size of the Enterprise Metadata Management market in 2022?
Ans. The market size of the Enterprise Metadata Management market was worth US$ 8.29 Bn. in 2022.