Sarasota, FL -- (SBWIRE) -- 06/14/2018 -- Global Data Catalog Market: Overview
A catalog is an information directory which gives information about the data sets, files, or a database. It describes where a data set is located and also some other information regarding the type of device on which the file is stored. Many firms store a large volume of structured and unstructured data which requires quick access from different storage sources, which is important to gain better insights for making business-related decisions. For this firms are installing integrated solutions, providing benefits to the data users with a single solution. To formulate a design and layout plan of action, data catalog solutions have to be implemented into operations. A predefined set of rules and regulations needs to be considered while retrieving the data. Data Catalogs are designed however according to the company's preference.
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Global Data Catalog Market: Growth Factors
The advancement of self-analytics data and escalation of data in new age world are the key drivers for the growth of the data catalog market. Growing demand for business intelligence tools, rising automation technology and real-time availability of data, reduced cost of infrastructure and gaining business insights, are the major factors propelling the growth of the data catalog market. However, lack of data security and standardization and other privacy concerns are few restricting factors for the growth of the data catalog market. Data proliferation is also giving rise to this growing market.
Global Data Catalog Market: Segmentation
In terms of deployment, the global data catalog market can be segregated into cloud and on-premises. In terms of component, the data catalog market is classified into solution, standalone solution, integrated solution, service, professional service and managed service. Based on end user the data catalog market is fragmented into manufacturing, BFSI, healthcare, telecom and IT, retail and e-commerce, research and academia, government and others (transportation, oil, and gas). On basis of the data consumer, the data catalog market is segmented into business intelligence (BI) tools, enterprise applications and mobile and web applications. Based on the enterprise size, the data catalog market is divided into large and small enterprises. Depending on the region, the data catalog market is segmented into North America, Europe, Asia Pacific and the Middle East.
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Global Data Catalog Market: Regional Analysis
North America is the most competitive is leading the global data catalog market. This is due to the high adoption of digital technology and rising demand for business intelligence tools across the globe. Asia-Pacific region is expected to grow at a significant rate during the forecast period. The rapid expansion of the traditional enterprises and massive data generation from all industries along with adoption of self-service analytics is leading the growth in this region. Europe is expected to come up as the second highest global market.
Global Data Catalog Market: Competitive Players
Some of the vital market players in the global data catalog market are, Alation(US), TIBCO Software(US), Informatica(US), IBM(US), Alteryx(US), Waterline Data(US), Amazon Web Services(US), Collibra(Belgium), Microsoft(US), Zaloni(US), Datawatch Corporation(US) and Tamar(US), among others.
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