Data Governance Market size to hit USD 12.87 Bn at a CAGR of 22.32 by 2029
Data governance is a collection of procedures that guarantees the organization's vital and critical data is managed and protected in a methodical manner.
(EMAILWIRE.COM, March 31, 2023 ) Maximize Market research expects, the Data Governance market to grow from USD 2.57 Bn in 2021 to USD 12.87 Bn in 2029 at a CAGR of 22.32 percent.
Data Governance Market Report Scope and Research Methodology
The main objective of the report is to provide an in-depth analysis of the Data Governance industry with a list of key players in the market. SWOT analysis was used to provide the strengths and weaknesses of the Data Governance Market players. To estimate the global and regional Data Governance Market size, the bottom-up approach was used.
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Data Governance Market Dynamics
The increase in the requirement for on-time authentic information and increasing demand for risk management solutions is expected to drive the Data Governance Market growth during the forecast period. The increased risk due to the lack of regulated governance with data address validation issues is the major restraining factor for the market growth.
Data Governance Market Regional Insights
The Asia-Pacific region held the largest Data Governance Market share in 2021 and is expected to grow at a high rate during the forecast period.
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Data Governance Market Segmentation
By Component
Solutions
Services
By Application
Incident 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
Government and defense
Construction and engineering
Retail and eCommerce
Healthcare and life sciences
Telecommunications and IT
Manufacturing
Energy and utilities
Others
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Data Governance Market Key Competitors include:
Varonis Systems
Oracle Corporation
Orchestra Networks
TIBCO Software
Talend
Infogix
Collibra
Reltio
Global Data Excellence
Informatica LLC
IBM Corporation
Maximize Market Research is leading Information Technology & Telecommunication research firm, has also published the following reports:
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