IMARC Group, a leading market research company, has recently releases report titled “Data Catalog Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global data catalog market growth, share, size, trends, and forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
How big is the data catalog market?
The global data catalog market size reached US$ 770.7 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 2,630 Million by 2028, exhibiting a growth rate (CAGR) of 21.6% during 2023-2028.
What is data catalog?
Data catalog refers to a collection of metadata and data management and search tools that enable analysts and data users to search for required data effortlessly. It functions as an inventory of available data and provides information to evaluate the accuracy of data for intended uses. It is the primary method for metadata management in the age of big data and self-service business intelligence (BI). It focuses on datasets and connects them with various information to inform people who are dealing with data. Furthermore, as it improves data analysis and reduces the risk of operational errors, the demand for data catalog is rising around the world.
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What are the growth prospects and trends in the data catalog industry?
At present, the increasing demand for data catalogs as they improve data efficiency and data context represent one of the primary factors influencing the market positively.
Besides this, the rising cloud computing activities to delegate regular tasks and boost operational efficiency are propelling the growth of the market. In addition, the growing employment of data catalogs to reduce operational expenses and achieve enhanced scalability is offering a favorable market outlook.
Apart from this, the increasing utilization of data catalogs by e-commerce brands to interpret massive volumes of data, create effective business strategies, and deliver various critical business decisions is contributing to the growth of the market.
What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by Component:
Breakup by Deployment Mode:
Breakup by Organization Size:
· Small and Medium-sized Enterprises
· Large Enterprises
Breakup by Data Consumer:
· Business Intelligence Tools
· Enterprise Applications
· Mobile and Web Applications
Breakup by End Use Industry:
· Retail and E-Commerce
· Government and Defense
· Energy and Utilities
· IT and Telecom
Market Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Who are the key players operating in the industry?
The report covers the major market players including:
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.
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