Global Data Governance Market

Global Data Governance Market is expected to reach US$ 4.9 Bn by 2024 from US$ 1.2 Bn in 2016 at a CAGR of 22.6%. This is a comprehensive global report focused on the current and future prospects of the global Data Governance Market. This report is a consolidation of primary and secondary research, which provides market size, share, dynamics, and forecast for various segments and sub-segments considering the macro and microenvironmental factors. An in-depth analysis of past trends, future trends, demographics, technological advancements, and regulatory requirements for the global Data Governance Market has been done in order to calculate the growth rates for each segment and sub-segments. The growth of insight engine is owing to the rapidly growing data volumes, and rising regulatory and compliance mandates, enhancing strategic risk management and decision-making with the increasing business collaborations are expected to drive the growth of the global market. Due to the rise in demand of Data governance in IT, there is a significant growth in the healthcare sector for Data quality and cost control. Data governance provides an opportunity for the integration of IT and the business, which is needed to work together to provide accurate, timely, and reliable data that is accessible to the end user. The retail and e-commerce sub-segment among industry vertical segment is anticipated to dominate the market over the forecast period, owing to that the solutions can be used by the retail and eCommerce industry vertical in order to handle large volumes of data generated across the vertical. Based on application, the solution providers of the risk management application deliver significant value to businesses by ensuring their important financial data assets are formally managed throughout enterprises. These vendors provide automated risk management solutions to mitigate risks and align critical-business processes with the help of functions. Risk management application and solution providers have the potential to deliver significant outcomes and reshape organizations’ businesses by providing automated solutions across multiple industry verticals. Geographically, the Global Data Governance Market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. The swift growth of the market in the APAC region is anticipated to dominate the market over the forecast period majorly due to various factors, such as the growing digitalization and investment in infrastructure advancements have resulted in the higher adoption of data management and data governance solutions. The region is witnessing the growing demand for cloud-based solutions, owing to the growing size of SMEs.

For more information visit @ https://www.maximizemarketresearch.com/market-report/global-data-governance-market/5668/ Global Data Governance Market, by Component • Solutions • Services Global Data Governance Market, by Application • Incident management • Compliance management • Process management • Risk management • Data quality and security management • Audit management • Others Global Data Governance Market, by Business Function • Finance • Legal • Information technology (IT) • Human resources • Operations • Sales and marketing Global Data Governance Market, by Deployment Mode • On-premises • Cloud Global Data Governance Market, by Organization Size • Small & Medium Enterprises • Large Enterprises Global Data Governance Market, by Vertical • Banking, Financial Services, and Insurance (BFSI) • Government and defense • Construction and engineering • Retail and eCommerce • Healthcare and life sciences • Telecommunications and IT • Manufacturing • Energy and utilities • Others Global Data Governance Market, by Geography: • North America • Europe • Asia Pacific • Middle East & Africa • Latin America The major key players that influence growth of Global Data Governance Market includes: • IBM • Oracle Corporation • Microsoft Corporation • SAP SE • Collibra • Talend • Infromatica • Alation • Topquadrant • Information Builders • Tibco • Infogix Available Customization Maximize Market Research offers customization of the report and scope of the report according to a specific requirement of our clients.

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