Gen Consulting Company predicts global data governance market will grow from USD 1,845 million in 2021 to USD 5,543 million by 2028, achieving a CAGR of 17.6 percent, according to the latest edition of the Global Data Governance Market Report.

This industry report offers market estimates of the global market, followed by a detailed analysis of the component, business function, deployment mode, organization size, end user, and region. The global market data on data governance can be segmented by component: software, services. The software segment held the largest share of the global data governance market in 2021 and is anticipated to hold its share during the forecast period. Data governance market is further segmented by business function: operation and IT, legal, finance, others. Globally, the finance segment made up the largest share of the data governance market. Based on deployment mode, the data governance market is segmented into: cloud-based, on-premise. The cloud-based segment was the largest contributor to the global data governance market in 2021. On the basis of organization size, the data governance market also can be divided into: large enterprises, small and medium-sized enterprises (SMEs). The large enterprises segment is estimated to account for the largest share of the global data governance market. Data governance market by end user is categorized into: BFSI, government and defense, healthcare, IT and telecom, retail, others. The data governance market by region can be segmented into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America.

The global data governance market is highly competitive. Some of the leading companies operating in the market are Adaptive Inc., Alation Inc., Alex Solutions Pty. Ltd., Alfresco Software Inc., Ataccama Corporation, IBM Corporation, Innovative Routines International (IRI) Inc., LTIMindtree Limited, Micro Focus International plc, Microsoft Corporation, NortonLifeLock Inc., Oracle Corporation, Precisely Holdings LLC, Quest Software Inc., Reltio Inc., SAP SE, SAS Institute Inc., Talend S.A., TIBCO Software Inc., TopQuadrant Inc., Varonis Systems Inc.

The data-centric report focuses on market trends, status and outlook for segments. With comprehensive market assessment across the major geographies, the report is a valuable asset for the existing players, new entrants and the future investors.

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