Data Catalog Market Research Report, By Component (Solution & Services), By Consumer Type (Business Intelligence Tool, Enterprise Applications, Mobile and Web Applications), By Deployment (On-Premise & Cloud), By Organization Size, By Vertical - Forecast till 2023
Pune, India -- (SBWIRE) -- 10/29/2018 -- Market Highlights:
Data catalog, a service that enables its end-users (organization) to explore the required data sources and assist in understanding to achieve more value from their present investments. This solution (data catalog), offering a native and extensible architecture, gathers all the data from a data lake, on-premise, and or on- cloud. It then, profiling and classifying this data, finds and suggests relationships between the data, and provides search-based access to the users for utilizing the data when they need it.
In a digital world, wherein a massive data gets accumulated minute by minute, data catalog acts as a valuable asset in information architecture, bridging up the gap between IT and other businesses and therefore, allowing everyone to contribute their insights. This solution also ensures data quality and data governance by enabling users to collaborate in a single self-service environment. These efficacies of the data catalog are allowing it to garner colossal prominence and uptake. As a result, the data catalog market is garnering significant traction on the global platform.
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Major Key Players
- IBM (US),
- Informatica (US),
- Amazon Web Services (US),
- Collibra (Belgium),
- Waterline Data (US),
- Alation (US),
- Microsoft (US),
- TIBCO Software (US),
- Datawatch Corporation (US),
- Alteryx (US),
- Zaloni (US), and Tamr (US), among others.
The prominent players keep innovating and investing in research and development to present a cost-effective product portfolio. Merger and acquisitions among various players are changing the market structure.
According to MRFR, The Global Data Catalog Market is expected to reach approximately USD 770 Million by 2023 growing at a ~24.8% CAGR over the forecast period 2018-2023.
October 16, 2018 – Talend (US), an enterprise data integration software vendor announced the release of its newest data fabric product, a unified data platform for data integration across cloud and on-premise environments. This release is highlighted by new data cataloging functionality that creates a single source of trusted data. The cloud application programming interface services also allow a broad access to standardized data for building data as a service application.
The highly competitive market of data catalog demonstrates high growth prospect which in turn, will intensify the market competition, attracting several new entrants to the market. Due to the presence of several small players and key players with the global presence the data catalog market appears to be fragmented. Key strategies traced by analyzing the recent developments include agreement & partnership, product launch, expansion, and acquisition. The analysis indicates the large investments by multinational companies and emerging startup.
The global market for data catalog is estimated to grow at a significant rate during the forecast period from 2018 to 2023. The geographical analysis of data catalog market is covered for the regions such as North America, Europe, Asia Pacific and rest of the world. North America is expected to dominate the data catalog market during the forecast period as many organizations are shifting towards new and upgraded technologies with the increasing adoption of digital business strategies. Countries such as the U.S and Canada are expected to highly implement the data catalog solution due to the increasing demand for BI tools or visualization tool in this region. Also, North America has the presence of major data catalogs solution players such as IBM (US), Informatica (US), Amazon Web Services (US) and many more which is driving the growth of data catalog market. Asia Pacific is expected to grow at the highest CAGR during the forecast period due to increasing adoption of automation, massive rise of data from all industry verticals, and increasing adoption of self-service analytics. The market in Asia Pacific is gaining momentum from various industries such as Manufacturing, Healthcare, Banking, Financial Services, and Insurance among others. China, India, Japan and South Korea are the leading countries in APAC.
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By component, the market is segmented into Solution and Services. Solution is sub-segmented into Standalone Solution and Integrated Solution.
Services is sub-segmented into Professional Services and Managed Services.
By Deployment, the market is segmented into On-premise and On Cloud.
By Consumer Type, the market is segmented into Business Intelligence Tools, Enterprise Applications and, Mobile and Web Applications.
By Organization size, the market is segmented into small and medium enterprises and large enterprises.
By Vertical, the market is segmented into BFSI, IT & telecom, Government, Healthcare, Retail, and others
- Data catalog software providers
- Initial public offering/venture capitalists/angel investors
- IT management directors/managers
- BFSI; healthcare; retail; and manufacturing organizations
- Government organizations
- Training and education service providers
- Consultants/advisory firms
- System integrators
- Managed service providers
- Value-added resellers
- Regulatory bodies
LIST OF FIGURES
FIGURE 1 Global Data Catalog Market Segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Porter's Five Forces Analysis of Global Data Catalog Market
FIGURE 4 Value Chain of Global Data Catalog Market
FIGURE 5 Share of Data Catalog Market in 2018, by country (in %)
FIGURE 6 Global Data Catalog Market, 2018-2023,
FIGURE 7 Global Data Catalog Market size by Component, 2018
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