Enterprise Metadata Management Market Size, Demand, Consumption ratio, import/export details and Forecasts to 2027
The Global Enterprise Metadata Management market is forecast to reach USD 17.52 Billion by 2026, according to a new report by Reports and Data. Enterprise metadata management is the means of managing metadata, which provides additional information and context to other information and data assets of an industry. Metadata is information that represents the various facets of information assets, which improves its usability and enables easier management during its tenure.
The requirement for centralized data management, operational effectiveness, and data quality management, increasing business data volume and regulations, and risk and compliance management are supposed to fuel the growth of this market.
This is the only report that is inclusive of the current effect of the coronavirus on the market and its forecasted trend. The coronavirus has impacted all sectors of the world economy, and its impacts on the Enterprise Metadata Management market are elucidated in-depth in this report.
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Key participants are Adaptive, ASG Technologies, Cambridge Semantics, CentricMinds, Collibra, Data Advantage Group, IBM, Informatica, Oracle, and SAP, among others.
For the purpose of this report, Reports and Data have segmented into the global enterprise metadata management market on the basis of deployment type, application type, end-users, and region:
Deployment Type Outlook (Revenue, USD Billion; 2016-2026)
On-Premise
Cloud
Application Type Outlook (Revenue, USD Billion; 2016-2026)
Governance and compliance management
Risk management
Product and process management
Incident management
Others
End-Users Outlook (Revenue, USD Billion; 2016-2026)
BFSI
Telecommunication & IT
Retail and Ecommerce
Healthcare and Lifesciences
Manufacturing
Government and Defense
Energy and Utilities
Media and Entertainment
Others
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The report covers and elucidates how the market fares in the different regions of the world; the regions included in this study are:
Regional Analysis:
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
The regions are assessed on their capacities to transform into areas where the Enterprise Metadata Management market can flourish and prosper. As of the present speculations, North America and the Asia Pacific region are expected to show exponential growth and expansion. With Europe and Latin America developing a market for the Enterprise Metadata Management.
Further key findings from the report suggest
Governance and compliance management segment is set to experience a CAGR of 24.1% during the forecast period owing to the ever-growing need for data management. The administration becomes easier further when a solution is implemented for compliance management, which provides information regarding the same, allowing for modifications.
On-premise deployment solutions held a market share of 56.0% in the year 2018. This higher share corresponds to the ease of installation and availability of hardware solutions, which were cost-effective owing to the unavailability of other solutions.
Media and Entertainment industry is set to experience the highest CAGR of 24.4% during the forecast period. This high growth is attributed to the immense data a media carries with respect to the increasing regulations regarding copyright infringement as well as for the security purposes inhibiting reproduction of the critical data.
Asia Pacific is forecasted to experience the highest CAGR of 24.8% during the forecast period. Developing countries like China and japan are quickly catching up with the growth in data management services. Management of metadata also ensures the security of that data, which promotes its utility in the developing sectors of finance as well as media and telecommunications.
There lie certain restraining factors like the uncertain return on investment as well as an inconsistent array of business logistics, which hamper the growth of the market. These factors are to be eradicated as soon as commercialization of this market occurs. Several large companies are utilizing these management software and commodities to render easier co-operative functions which curtail time constraints for redundant operations.
The region of Asia Pacific comprises of a very data-hungry population, which thrives on services of these management firms and solutions. IT industries, as well as financial moguls, are investing in metadata management solutions owing to the increased use of digital form of information to be relayed in accordance with data manipulation and data engineering for process management as well as risk and compliance management. Hence, the growth of this market in the region of Asia Pacific is forecast to be the fastest.
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In the end, the report covers segment data, including industry segment, type segment, channel segment, etc., as well as the segments’ market size, both in terms of volume and value. In addition, the report mentions client data from different industries, which is vital to manufacturers. The report has been collated with in-depth secondary research, comprehending the market access aspects across various geographies.
