SHERIDAN, ALABAMA, UNITED STATES, December 28, 2021 /EINPresswire.com/ – According to the latest IMARC group report, entitled “Data Governance Marketplace: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027 ”, the global data governance market reached a value of US $ XX billion in 2021. Looking to the future, IMARC Group is expects the market to grow at a CAGR of XX% in 2022-2027.
Data governance involves a set of processes, policies, and roles to formally manage and protect critical information. Its deployment ensures data consistency and reliability while clarifying conflicting data, resolving analytical data and reporting issues. The demand for data governance has gradually increased to ensure data security in light of strict regulatory compliance.
We regularly monitor the direct effect of COVID-19 on the market, as well as the indirect influence of related industries. These observations will be incorporated into the report.
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Global Data Governance Market Trends:
The global market is mainly driven by a huge increase in data generation. This, along with the growing implementation of strict data regulatory compliance across many industries, is driving the growth of the market. In addition, the extensive use of data governance in the telecommunications, information technology (IT) and retail industries has significantly contributed to the growth of the market. Moreover, effective data governance is an integral part of the government sector, as it enables better access to data and increases overall efficiency and accountability, thus driving the growth of the market. In addition to this, the growing incidences of data misuse by multiple private organizations and growing cybersecurity threats have intensified the demands on data governance, which should create favorable market prospects.
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Global Data Governance Market Analysis and Segmentation 2022-2027:
Competitive landscape with Key Player:
The competitive landscape of the industry was also examined along with the profiles of the major players.
Amazon Web Services Inc. (Amazon.com Inc.)
Collibra, Infosys Limited
International Business Machines Corporation
SAS Institute Inc.
TIBCO Software Inc.
Varonis Systems Inc.
Breakdown by component:
Breakdown by deployment mode:
On the site
Breakdown by organization size:
Small and medium-sized enterprises (SMEs)
Breakdown by sales function:
Operations and IT
Sales and Marketing
Breakdown by application:
Risk and compliance management
Data quality and security management
Breakdown by end-use sector:
IT and telecom
Breakdown by region:
North America (United States, Canada)
Europe (Germany, France, United Kingdom, Italy, Spain, Others)
Asia-Pacific (China, Japan, India, Australia, Indonesia, Korea, others)
Latin America (Brazil, Mexico, others)
Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, others)
Highlights of the report:
Porter’s Five Forces Analysis
Market drivers and success factors
Complete mapping of the competitive landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as part of the customization.
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