The data catalog market size was USD 590 million in 2021 and is expected to register a revenue CAGR of 27.1% during the forecast period, according to the latest analysis from Emergen Research. The increasing proliferation of data and growing demand for business intelligence tools are key factors driving the growth of the market. Due to many source systems or siled data, the use of data assets or their interpretation can often be inconsistent. By consolidating all data asset information on a single platform, building a data catalog can reduce gaps and ongoing management will keep it coordinated and consistent. When a data catalog is automated, it can grow and update automatically, requiring less administrative help. The problem is to identify the optimal data resources for the job at hand, because most organizations have an abundance of data, which makes it easy to find a data resource to use for analysis or creation. of reports. Good data catalogs should include usage statistics as well as user ratings and reviews to aid in decision making.
The Global Data Catalog Market study is the latest report covering the impact analysis of the COVID-19 pandemic currently ongoing. The pandemic has directly affected the market by causing disruptions in global supply chains and indirectly by causing financial hardship. The data catalog market has witnessed dynamic changes in trends and demands owing to the ongoing COVID-19 pandemic. The report provides a detailed overview of how the pandemic has affected key segments of the Data Catalog industry. The report includes an in-depth impact analysis of the COVID-19 pandemic on the overall Data Catalog industry.
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Some highlights of the report
The solutions segment is expected to register significant market revenue growth. Data catalog solutions solve important problems related to data management. Even when they are aware of the data sets they control, organizations generally lack information on which they are more or less reliable. A data lake can sometimes look like a data swamp depending on the situation.
The cloud segment is expected to register a steady growth rate over the forecast period. The cloud deployment methods segment holds a substantial market share as end users in the data catalog market have access to complete and adaptable solutions through cloud-based solutions. It offers features like large storage capacities, enhanced data security, scalability, cost savings, and efficient data storage.
The banking and finance segment is expected to register a significant growth rate during the forecast period. Banking and finance industries were among the first industries to use data categorization. Financial analysis uses statistical techniques to identify financial problems. The Financial Data Catalog integrates techniques from historical econometrics with technological components from information science. Moreover, the use of machine learning (ML), prescriptive analytics, and predictive modeling in financial details offers a good chance of understanding financial data and solving related problems.
The North American market is expected to register a considerable growth rate. Inventions are given special attention in the United States and Canada. These countries have the most dynamic and competitive data catalog markets in the world. Due to the accelerating pace of infrastructure development and the massive increase in data from all industry verticals, North America is considered one of the most promising regions for growth.
The report highlights the current impact of COVID-19 on the Data Catalog market along with the latest economic scenario and changing market dynamics. It analyzes the impact of the pandemic on market growth and compensation. The pandemic has changed the economic scenario of the world and affected several market sectors. The report estimates the Data Catalog market based on the impact of COVID-19.
Key Players/Manufacturers profiled in the report are:
Microsoft, Alteryx, Amazon Web Services, TIBCO Software, Zaloni, Informatica, Alation, Tamr, IBM and Datawatch Corporation.
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Emergen Research has segmented the data catalog market based on component, mode of deployment, end user, and region:
Component (Revenue, USD Million; 2019-2030)
Deployment Mode Outlook (Revenue, USD Million; 2019-2030)
On the site
End User Outlook (Revenue, USD Million; 2019-2030)
Retail and e-commerce
Bank and finance
IT & Telecom
Regional Analysis of Data Catalog Market Includes:
North America (USA, Canada)
Europe (UK, Italy, Germany, France, Rest of EU)
Asia-Pacific (India, Japan, China, South Korea, Australia, rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa, Rest of MEA)
The report offers a comprehensive understanding of the Data Catalog market in key regions with respect to regional production and consumption patterns, import/export, supply and demand dynamics, trends, growth prospects and the presence of leading players in each region. Each of the mentioned regions is analyzed based on the comprehensive market data obtained from the major countries in each region to give a clear understanding of the market.
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The report offers insightful insights into market dynamics of the Data Catalog Market. It offers SWOT analysis, PESTEL analysis and Porter’s Five Forces analysis to present a better understanding of the Data Catalog market, competitive landscape, factors affecting it and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of regulatory framework on the growth of the Data Catalog market.
Key Data Catalog Market Coverage:
Insightful insights into the Global Data Catalog Market
Identifying growth in various segments and sub-segments of the Data Catalog Market
Strategic recommendations for investment opportunities
The report covers important industry-related statistics along with products, applications, price analysis, demand and supply, and rate of production and consumption
Emerging trends and analysis of current market segments to help investors formulate new business strategies
Accelerates the decision-making process thanks to the availability of pilots and constraints
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