The global data catalog market reached a value of US$ 611.2 Million in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 2,309.4 Million by 2027 exhibiting a CAGR of 23.70% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
A data catalog refers to an inventory solution that is utilized by multiple businesses to store numerous data assets, including databases, web pages, and output files. It also helps businesses to search and manage large volumes of data while making it more visible to the users. It is an essential component of modern data management that is widely used by data users as a reference application. As a result, it assists users in understanding the data and searching for insightful information that is beneficial for the decision-making process. It is extensively utilized in healthcare, manufacturing, and e-commerce sectors to eliminate data silos and duplication and simplify data discovery.
Data Catalog Market Trends:
The global market is primarily driven by significant growth in the information technology (IT) industry. Along with this, rapid digitization across numerous sectors and a considerable rise in data generation have encouraged numerous organizations to heavily invest in the deployment of data catalogs solutions, thereby providing a boost to the market growth. Moreover, continual technological advancements across the corporate segment are creating a positive outlook for the market on the global level. For instance, the widespread integration of cloud-based technologies with data catalogs to assist in creating personalized data for data analysts is positively influencing the market growth across the globe. Furthermore, the sudden outbreak of coronavirus disease (COVID-19) across the globe has encouraged numerous businesses to adapt the work-from-home (WFH) approach, which is providing an impetus to the market growth. Other factors, including continuous improvements in the manufacturing and e-commerce sectors and increasing investments to conduct extensive research and development (R&D) activities, are also projected to drive the market further.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global data catalog market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on component, deployment mode, organization size, data consumer and end use industry.
Breakup by Component:
Breakup by Deployment Mode:
Breakup by Organization Size:
Small and Medium-sized Enterprises
Breakup by Data Consumer:
Business Intelligence Tools
Mobile and Web Applications
Breakup by End Use Industry:
Retail and E-Commerce
Government and Defense
Energy and Utilities
IT and Telecom
Breakup by Region:
Middle East and Africa
The competitive landscape of the industry has also been examined along with the profiles of the key players being Alation Inc., Alteryx Inc., Amazon Web Services Inc. (Amazon.com Inc.), Collibra Inc., Hitachi Ltd., Informatica, International Business Machines Corporation, Microsoft Corporation, Oracle Corporation, SAP SE, Tamr Inc., TIBCO Software Inc. and Zaloni Inc. Key Questions Answered in This Report:
How has the global data catalog market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global data catalog market?
What are the key regional markets?
What is the breakup of the market based on the component?
What is the breakup of the market based on the deployment mode?
What is the breakup of the market based on the organization size?
What is the breakup of the market based on the data consumer?
What is the breakup of the market based on the end use industry?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global data catalog market and who are the key players?
What is the degree of competition in the industry?