Data Governance Market: Global Industry Analysis and Outlook, Size (2021-2027)

Data Governance Market size was valued at US$ 2.10 Bn. in 2020 and the total revenue is expected to grow at 22.32 % through 2021 to 2027, reaching nearly US$ 8.60 Bn.

Data Governance Market Overview:

The total administration of the operation of data functions and data assets is referred to as data governance. It is concerned with the integrity, security, usefulness, availability, and accountability of data used in an organisation. It is also utilised in banking, government and defence, health care and life sciences, building, engineering, and other fields. Data governance technologies and approaches are used to guarantee that business data adheres to company policies and regulations. Data governance benefits include better decision-making, operational performance, enhanced data interpretation and continuity, higher data quality, legal requirements, and increased income. Data Governance Market To know about the Research Methodology :- Request Free Sample Report 2020 is considered as a base year to forecast the market from 2021 to 2027. 2020’s market size is estimated on real numbers and outputs of the key players and major players across the globe. Past five years trends are considered while forecasting the market through 2027. 2020 is a year of exception and analysed specially with the impact of lockdown by region.

Data Governance Market Dynamics:

Data governance is a collection of procedures that guarantees the organization's vital and critical data is managed and protected in a methodical manner. It ensures that only reliable data is used in accounting, decision-making, and other essential business activities. With the introduction of many government data requirements, it is now more important than ever to guarantee that data is saved, used, and disposed of correctly within a company. Organizations want to comply with data regulation requirements in order to comply with international and national laws and standards, as well as industry-specific regulatory data requirements. Several US states are drafting and passing data privacy legislation that is similar to the General Data Protection Regulation (GDPR). California, in particular, has passed the California Consumer Privacy Act (CCPA), which requires the protection of personal data. GDPR fines, for example, could wipe away 2% of Google's earnings, according to Deutsche Bank. As per Cisco, approximately 5 quintillion bytes of data are produced every day, necessitating the use of a data governance solution to ensure that an organization's network assets are formally, properly, proactively, and effectively implemented across the enterprise in order to maintain trust and accountability. However, competitors in the market face various constraints and obstacles that may limit the market growth. The integration of data from data silos and concerns linked to the diverse structure of regulatory rules are proving to be major roadblocks to the Data Governance Market's growth. Companies have started to take a closer look at acquiring data on consistently flowing data. When firms are able to react swiftly to events, their operational sensitivity and organizational effectiveness improve. Every company that collects money, stores information customer and payment data, or works with other companies must follow certain rules. These controls define the infrastructure and DevOps practices that must be adhered to. DevOps is a set of ideas that automates procedures between software development and IT teams, allowing for faster and more reliable software creation, testing, and deployment.

Global Data Governance Market Segment Analysis:

The Global Data Governance Market is segmented by Component, Application, Deployment model, Organization Size and Industry Vertical. Based on the Component, the global Data Governance market is sub-segmented into Solutions and Services. The Solutions segment held the largest market share of xx% in 2020. Business executives in a variety of industries can use data governance tools to better monitor, manage, and control data migration. Due to the rising use of mobile devices among personnel within the enterprise, as well as the simple access and widespread accessibility of data, individuals and enterprises have been able to deploy data governance solutions. Data Governance Market 1 Based on the Deployment Model, the global Data Governance market is sub-segmented into On-premises and Cloud. The On-premises segment held the largest market share of xx% in 2020. This is a widely utilised method of giving businesses the ability to manage risks, industry policies, business processes, and compliance. Furthermore, the segment's growth is fueled by comprehensive control over the privacy and security of company master data. Data Governance Market 2 Based on the Industry Vertical, the global Data Governance market is sub-segmented into Banking, Financial Services, and Insurance (BFSI), Government and defense, construction and engineering, Retail and eCommerce, Healthcare and life sciences, Telecommunications and IT, Manufacturing, Energy, and utilities and Others. The Healthcare and life sciences segment held the largest market share of xx% in 2020. There has been a massive increase in data generation as a result of increased spending in healthcare, particularly IT infrastructure. As a result, these businesses will need an information governance strategy to manage, monitor, and analyse the massive amounts of data being produced. From remote monitoring to medical device integration, the Internet of Things has many uses in healthcare. It also has the ability to keep patients healthy and safe while also improving how doctors provide treatment. However, IoT creates a demand for data governance in the healthcare industry. Sensors, wearables, remote monitoring, and other medical devices generate vast amounts of data, which the industry struggles to deal with. In the healthcare industry, there has also been an increase in the number of data breaches. For example, the Chicago-based Sinai Health System recently revealed a cybersecurity breach that happened in the autumn of 2019, potentially exposing the personal health information of over 12,500 people in January 2020. Such occurrences are also motivating businesses to implement data governance solutions. Data Governance Market 3

Global Data Governance Market Regional Insights:

The Asia Pacific held the largest market share of xx% in 2020 and it is expected to grow at the highest CAGR of xx% during the forecast period. Growing technology expenses in Australia, Singapore, India, and China, SMEs' demand for cost-effective data management and governance services and solutions, growing informatization, heavy infrastructure development upgrades, growing need for cloud-based remedies, growing size of SMEs, companies operating in the region providing various solutions based on organization size and needs, the region being the world's center of digital innovation. North America held the 2nd largest market share of xx% in 2020. Massive interest in cloud-based arrangements, the presence of numerous players, constant developments, early recognition of innovative technologies, data-driven culture, substantial adoption of data governance and management solutions, the presence of a large number of vendors in the US, enterprises with well-established processes, high levels of technology awareness, high risk and data management capacity of organizations in other regions. The objective of the report is to present a comprehensive analysis of the global Data Governance 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 has 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 helps in understanding the global Data Governance Market dynamic, structure by analyzing the market segments and project the global Data Governance Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global Data Governance Market make the report investor’s guide.

Global Data Governance Market Scope: Inquire before buying

Global Data Governance Market
Report Coverage Details
Base Year: 2020 Forecast Period: 2021-2027
Historical Data: 2016 to 2020 Market Size in 2020: US $ 2.10 Bn.
Forecast Period 2021 to 2027 CAGR: 22.32 % Market Size in 2027: US $ 8.60 Bn.
Segments Covered: by Component • Solutions • Services
by Application • Incident management • Process management • Compliance management • Risk management • Audit management • Data quality and security management • Others
by Organization Size • Small & Medium Enterprises • Large Enterprises
by Deployment Model • On-premises • Cloud
by Industry Vertical • Banking, Financial Services, and Insurance (BFSI) • Government and defense • Construction and engineering • Retail and eCommerce • Healthcare and life sciences • Telecommunications and IT • Manufacturing • Energy and utilities • Others

Global Data Governance Market, by Region

• North America • Europe • Asia Pacific • South America • Middle East and Africa

Global Data Governance Market Key Players

• Varonis Systems • Oracle Corporation • Orchestra Networks • TIBCO Software • Talend • SAS Institute • Infogix • Collibra • Reltio • Global Data Excellence • Alation • DATUM LLC • Ataccama • Syncsort • Denodo Technologies • Informatica LLC • IBM Corporation • Quest • SAP SE • Global IDs • Information Builders • Data Advantage Group • TopQuadrant • IRI • Magnitude Software • Stealthbits • Erwin, Inc.

Frequently Asked Questions:

1] What segments are covered in Data Governance Market report? Ans. The segments covered in Data Governance Market report are based on Component, Application, Organization Size, Deployment Model and Industry Vertical. 2] Which region is expected to hold the highest share in the global Data Governance Market? Ans. Asia Pacific is expected to hold the highest share in the global Data Governance Market. 3] What is the market size of global Data Governance Market by 2027? Ans. The market size of global Data Governance Market by 2027 is US $ 8.60 Bn. 4] Who are the top key players in the global Data Governance Market? Ans. Varonis Systems, Oracle Corporation, Orchestra Networks, TIBCO Software, Talend and SAS Institute are the top key players in the global Data Governance Market. 5] What was the market size of global Data Governance Market in 2020? Ans. The market size of global Data Governance Market in 2020 was US $ 2.10 Bn.
1. Global Data Governance Market: Research Methodology 2. Global Data Governance Market: Executive Summary 2.1 Market Overview and Definitions 2.1.1. Introduction to Global Data Governance Market 2.2. Summary 2.1.1. Key Findings 2.1.2. Recommendations for Investors 2.1.3. Recommendations for Market Leaders 2.1.4. Recommendations for New Market Entry 3. Global Data Governance Market: Competitive Analysis 3.1 MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2 Consolidation in the Market 3.2.1 M&A by region 3.3 Key Developments by Companies 3.4 Market Drivers 3.5 Market Restraints 3.6 Market Opportunities 3.7 Market Challenges 3.8 Market Dynamics 3.9 PORTERS Five Forces Analysis 3.10 PESTLE 3.11 Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • Latin America 3.12 COVID-19 Impact 4. Global Data Governance Market Segmentation 4.1 Global Data Governance Market, by Component (2020-2027) • Solutions • Services 4.2 Global Data Governance Market, by Application (2020-2027) • Incident management • Process management • Compliance management • Risk management • Audit management • Data quality and security management • Others 4.3 Global Data Governance Market, by Organization Size (2020-2027) • Small & Medium Enterprises • Large Enterprises 4.4 Global Data Governance Market, by Deployment Model (2020-2027) • On-premises • Cloud 4.5 Global Data Governance Market, by Industry Vertical (2020-2027) • Banking, Financial Services, and Insurance (BFSI) • Government and defense • Construction and engineering • Retail and eCommerce • Healthcare and life sciences • Telecommunications and IT • Manufacturing • Energy and utilities • Others 5. North America Data Governance Market(2020-2027) 5.1 Global Data Governance Market, by Component (2020-2027) • Solutions • Services 5.2 Global Data Governance Market, by Application (2020-2027) • Incident management • Process management • Compliance management • Risk management • Audit management • Data quality and security management • Others 5.3 Global Data Governance Market, by Organization Size (2020-2027) • Small & Medium Enterprises • Large Enterprises 5.4 Global Data Governance Market, by Deployment Model (2020-2027) • On-premises • Cloud 5.5 Global Data Governance Market, by Industry Vertical (2020-2027) • Banking, Financial Services, and Insurance (BFSI) • Government and defense • Construction and engineering • Retail and eCommerce • Healthcare and life sciences • Telecommunications and IT • Manufacturing • Energy and utilities • Others 5.6 North America Data Governance Market, by Country (2020-2027) • United States • Canada • Mexico 6. Asia Pacific Data Governance Market (2020-2027) 6.1. Asia Pacific Data Governance Market, by Component (2020-2027) 6.2. Asia Pacific Data Governance Market, by Application (2020-2027) 6.3. Asia Pacific Data Governance Market, by Organization Size (2020-2027) 6.4. Asia Pacific Data Governance Market, by Deployment Model (2020-2027) 6.5. Asia Pacific Data Governance Market, by Industry Vertical (2020-2027) 6.6. Asia Pacific Data Governance Market, by Country (2020-2027) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 7. Middle East and Africa Data Governance Market (2020-2027) 7.1 Middle East and Africa Data Governance Market, by Component (2020-2027) 7.2. Middle East and Africa Data Governance Market, by Application (2020-2027) 7.3. Middle East and Africa Data Governance Market, by Organization Size (2020-2027) 7.4. Middle East and Africa Data Governance Market, by Deployment Model (2020-2027) 7.5. Middle East and Africa Data Governance Market, by Industry Vertical (2020-2027) 7.6. Middle East and Africa Data Governance Market, by Country (2020-2027) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 8. Latin America Data Governance Market (2020-2027) 8.1. Latin America Data Governance Market, by Component (2020-2027) 8.2. Latin America Data Governance Market, by Application (2020-2027) 8.3. Latin America Data Governance Market, by Organization Size (2020-2027) 8.4. Latin America Data Governance Market, by Deployment Model (2020-2027) 8.5. Latin America Data Governance Market, by Industry Vertical (2020-2027) 8.6. Latin America Data Governance Market, by Country (2020-2027) • Brazil • Argentina • Rest Of Latin America 9. European Data Governance Market (2020-2027) 9.1. European Data Governance Market, by Component (2020-2027) 9.2. European Data Governance Market, by Application (2020-2027) 9.3. European Data Governance Market, by Organization Size (2020-2027) 9.4. European Data Governance Market, by Deployment Model (2020-2027) 9.5. European Data Governance Market, by Industry Vertical (2020-2027) 9.6. European Data Governance Market, by Country (2020-2027) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 10. Company Profile: Key players 10.1. Varonis Systems 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. Oracle Corporation 10.3. Orchestra Networks 10.4. TIBCO Software 10.5. Talend 10.6. SAS Institute 10.7. Infogix 10.8. Collibra 10.9. Reltio 10.10. Global Data Excellence 10.11. Alation 10.12. DATUM LLC 10.13. Ataccama 10.14. Syncsort 10.15. Denodo Technologies 10.16. Informatica LLC 10.17. IBM Corporation 10.18. Quest 10.19. SAP SE 10.20. Global IDs 10.21. Information Builders 10.22. Data Advantage Group 10.23. TopQuadrant 10.24. IRI 10.25. Magnitude Software 10.26. Stealthbits 10.27. Erwin, Inc.

About This Report

Report ID 5668
Category Information Technology & Telecommunication
Published Date oct 2019
Updated Date Nov 2021
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