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Data Catalog Market Bifurcations, Drivers, Restraints, and Trends for 2023-2028

The market is projected to register the fastest growth across the rapidly expanding retail & e-commerce sector through 2028. It owes to various aspects, such as the growing need for proper access to information stored at numerous d
Published 10 September 2024

Introduction

The Global Data Catalog Market is experiencing a dynamic shift, driven by technological advancements, evolving consumer preferences, and changing economic landscapes. This market has become a focal point for stakeholders, including manufacturers, suppliers, and investors, who are keen on exploring growth opportunities in this evolving industry. As businesses strive to adapt to these changes, understanding the market's key drivers, segmentation, and regional dynamics becomes crucial. This blog provides an in-depth analysis of the Data Catalog Market, examining the market overview, dynamics, segment analysis, and regional projections.

Market Overview

The Global Data Catalog Market is expected to grow at around 23.3% CAGR during the forecast period, i.e., 2023-28. Most of the market expansion would be driven by the flourishing IT sector, significant enhancements in the manufacturing & e-commerce industries, the growing data proliferation rate, the mounting adoption of self-service analytics, and massive investments by enterprises in AI-based data catalog solutions.

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Data Catalog Market Dynamics

Several dynamics are shaping the Data Catalog Market. On the demand side, the growing consumer focus on quality and sustainability is driving the need for advanced solutions. On the supply side, market players are intensifying competition by launching innovative products and expanding their geographic presence.

Global Data Catalog Market Growth Opportunities

Utilizing Data Catalogs to Boost Employee Output and Quality of Life - Enterprises must build up their systems and procedures so that data citizens can quickly obtain the needed data to fulfill the aim of being data-driven. However, it has been found that looking for particular data is quite time-consuming, usually more than what it takes to utilize the collected data. Thus, the solution give everyone access to a single source of information, eliminating the need for repetitive chores and labor done in isolation, subsequently opening up new avenues for the industry in the long run.

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Data Catalog Market Segment Analysis

The Data Catalog Market is segmented based on:

By Components

  • Solution
  • Services

By Deployment Model

  • Cloud
  • On-Premise

By Data Consumer

  • Business Intelligence Tools
  • Enterprise Application
  • Mobile & Web Application

 By Metadata Type

  • Business
  • Technical

By Enterprise Size

  • Small & Medium Enterprise
  • Large Enterprise

By End Users

  • Manufacturing
  • Healthcare & Life Science
  • BFSI
  • Transportation & Logistics
  • Retail & Ecommerce
  • Media & Entertainment
  • Government & Defense
  • Telecom
  • ITES & Others

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Data Catalog Market Regional Projection

The Data Catalog Market shows varied growth patterns across different regions:

By Region

  • North America
  • South America
  • Europe
  • The Middle East & Africa
  • Asia-Pacific

Key Players in the Market

Several key players dominate the Data Catalog Market, each striving to capture a larger share through product innovation, strategic partnerships, and expansion. Leading players include:

  • Alation Inc.
  • Alteryx
  • Ataccama ONE
  • Cloudera, Inc.
  • Collibra
  • Google
  • IBM
  • Informatica
  • Microsoft Corporation
  • Oracle
  • Others

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