Data Catalog Market Global Size, Company Profiles, Segments and Landscape
Posted by Sakshi Mishra on February 22nd, 2021
The global data catalog market is expecting healthy ~24.8% CAGR during the forecast period, reveals Market Research Future (MRFR) in an elaborated study. The market also displays the ability to attain a valuation of USD 770 Million in the same period.
Top Impacting Factors
The boom in the global data catalog market is due to features such as the rapidly changing data catalog market in the world. The rising acceptance of self-service and data propagation analytics are also some of the essential factors fuelling market growth at a rapid pace. Even the growing demand for the adoption of Bi tools has emerged to bring significant opportunities in the market during the forecast period.
The market for the data catalog is also anticipated to inflate owing to the ever-increasing volumes of data. The rising number of IoT, cloud apps and digital transformation of processes exponentially has increased the data to make it available. Therefore, the need for data catalog solutions also increased and gave a thrust to the market to expand at a faster rate. In the case of point, Informatica introduced a data catalog enabled with machine learning that automatically scans data assets across the enterprise, catalogs it, and indexes assets for enterprise-wide discovery.
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Segmentation of Market: Data Catalog
From the viewpoint of segmental analysis, the global data catalog market is studied among the segments of component, deployment, consumer type, organization size, and vertical.
Depending on the component segment, the market has included solutions and services. Among these, the solution has included a standalone solution and an integrated solution. Moreover, services have included professional services and managed services.
Depending on the deployment segment, the market has included on-premise and on Cloud.
Depending on consumer type, the market has included enterprise applications, business intelligence tools, and mobile and web applications.
Depending on organization size, the market has included small and medium enterprises and large enterprises.
Depending on the vertical segment, the market has included IT & telecom, BFSI, healthcare, government, retail, and others.
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About Market Research Future:
Market Research Future (MRFR) has created a niche in the world of market research. It is counted among the top market research companies that offer well-researched and updated market research reports and insights to businesses of all sizes. What sets us apart is our super-responsive team that offers quality work keeping clients abridged of the prospective challenges and opportunities in various markets. Our team is adept in their space as well as patiently listens to every client.
The best part is they know their work inside out and possess the expertise to guide the client in the right direction and achieve results on a tight deadline. We are a one-stop solution for all your data research needs. Our team does not believe in the “one size fits all” approach to creating a report that is detailed and concise. We handle 13 industry verticals including Healthcare, Chemicals and Materials, Information and Communications Technology, Semiconductor and Electronics, Energy and Power, Food, Beverages & Nutrition, Automobile, Consumer and Retail, Aerospace and Defense, Industrial Automation and Equipment, Packaging & Transport, Construction, and Agriculture. With our unique approach for every market report, we aim to reach the zenith in qualitative business intelligence and syndicated market research.
About the AuthorSakshi Mishra
Joined: September 30th, 2020
Articles Posted: 512
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