Data Discovery Market Analysis by Size, Share, Opportunities, Revenue, Future Scope and Forecast 2029

Karan Maximize

Data Discovery Market was valued at US$ 10.32 Bn. in 2023 and is expected to reach US$ 36.77 Bn. by 2029, at a CAGR of 19.9% during a forecast period.

Data Discovery Market Overview

Data Discovery Market Research Report includes the current state of the market in terms of the definitions, classifications, applications, and industry chain structure. The report provides unbiased professional commentary on the present market scenario, market performance, production and consumption rates, demand and supply ratios, and income generation over the forecast period. The Data Discovery Market report also gives information on the leading businesses functioning in the Data Discovery industry’s, strategic ambitions and company growth strategies. Mergers and acquisitions, government and corporate transactions, partnerships and collaborations, joint ventures, brand promotions, and product launches are among the methods evaluated in the research.

Data Discovery Market Scope

The report also highlights the latest developments and cutting-edge technologies in the global Data Discovery Market. It provides detailed insights into the market, including market shares, supply chain analysis, and key success factors. The Maximize Market Research report offers a comprehensive and dynamic analysis of the Data Discovery Market, utilizing a rigorous research methodology. It covers major growth drivers, market dynamics, challenges, and scope, along with conducting PESTAL, PORTER, and SWOT analyses.  The report’s conclusion features opinions from industry experts representing top-leading organizations in the global Data Discovery Market. The report covers a time span from 2018 to 2029, including historical data from 2018 to 2023, the base year as 2022, and an estimated year of 2023, while forecasting for the period from 2023 to 2029.

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1. Global Data Discovery Market, by Type (2023-2029)

• Services
• Software

2. Global Data Discovery Market, by Deployment Mode (2023-2029)

• Hosted
• On-premises

Due to its advantages, such as cost savings, quick response times, and better control over service levels that result in high performance and maintenance, the on-premise category maintained the biggest market share of % in 2023. A company that helps host services like software, networking, infrastructure, and more is known as an on-premise service provider. The client organization is in charge of managing all transactions and setting up and maintaining its infrastructure.

3. Global Data Discovery Market, by Application (2023-2029)

• Risk management
• Social network analysis
• Customer experience management
• Cost optimization
• Others

4. Global Data Discovery Market, by Verticals (2023-2029)

• Government
• Healthcare and Life Sciences
• Retail
• Manufacturing
• Others

In 2023, the segment for healthcare and life sciences maintained the biggest market share of   %. The growing population and resulting higher need in the healthcare and life science industries are driving up demand for this market sector. In terms of the uptake of cutting-edge technology and services, this segment supports the industries with the quickest growth rates. Software asset management solutions can be beneficial to the healthcare and life science industries, which will help the market expand. Compliance with governing body rules is required of healthcare businesses that employ software asset management systems for administrative tasks and medical device management.

Key Players

1. Datawatch Corporation
2. Tableau Software, Inc.
3. Datameer, Inc.
4. SAP SE.
5. Tibco Software Inc.
6. Cloudera, Inc.
7. Clearstory Data
8. Birst, Inc.
9. Platfora
10. Qlik Technologies, Inc.
11. Oracle Corporation
12. Microstrategy, Inc.
13. Hortonworks, Inc.
14. Panorama
15. IBM
16. Microsoft
17. Salesforce
18. SAS Institute
19. Google
20. Micro Focus
22. Alteryx
23. Egnyte

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Regional Analysis

The report covers all the emerging trends, population growth, as well as government strategies and regulations related to the market. In the conclusion part, regional insights provide historical and forecasted data for all economies, showcasing their impact on the market. The report offers statistical data on the market growth for each influential economy worldwide in the Data Discovery industry. It takes into account various countries, including North America, Asia-Pacific, Europe, Latin America, and MEA, during its preparation.

Key Questions answered in the Data Discovery Market Report are:

  • What is Data Discovery Market?
  • What is the forecast period of the Data Discovery Market?
  • What is the competitive scenario of the Data Discovery Market?
  • Which region held the largest market share in the Data Discovery Market?
  • What are the opportunities for the Data Discovery Market?
  • What are the restraining factors in the Data Discovery Market?
  • Who are the key players of the Data Discovery Market?

Key offerings:

  • Market Share, Size, and Forecast by Revenue|2023-2029
  • Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
  • Market Segmentation: A detailed analysis by Data DiscoveryMarket
  • Landscape- Leading key players and other prominent key players.

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