Uploaded on Mar 23, 2020
Data Catalog Market Growth
Data Catalog Market Growth
Market Highlights
Data catalogs are used for the efficient management of metadata and simplification of data
discovery. The exponential growth in the generation of data by the end-user enterprises is likely to
lead the demand for data catalog over the next couple of years. This observation presented by
Market Research Future (MRFR) unveils that the global data catalog market is expected to register
24.8% CAGR across the review period 2018 to 2023. Also, the valuation of the market is poised to
surpass USD 770 Mn by 2023.
The inclination of enterprises towards It is likely to trigger the growth of the data catalog market in
the forthcoming years. Increasing adoption of cloud technologies, IoT, etc. has opened new channels
of growth for the market players. The product facilitates the simplification of the complex IT
infrastructure of an organization. This, in turn, is presumed to drive the growth rate of the data
catalog market during the projection period. On the flip side, the lack of standardization observed in
data management is anticipated to impede the growth rate of the data catalog market over the
assessment period.
Segmentation:
On the basis of component, the data catalog market growth has been divided into solution and
services. The solution segment has been sub-divided into standalone solution and integrated
solution. The sub-segments of the services segment are professional services and managed services.
The segmental analysis of the data catalog market, on the basis of deployment, covers on-premise
and on cloud.
Based on consumer type, the data catalog market has been segmented into enterprise applications,
business intelligence tools, and mobile and web applications.
The segments of the data catalog market, based on organization size, are large enterprises and
small and medium enterprises.
Based on vertical, the data catalog market has been segmented into BFSI, retail, government, IT &
telecom, healthcare, and others.
Regional Analysis:
This MRFR study presents a detailed geographical evaluation of the global data catalog market
based on key regions, which are - North America, Asia Pacific (APAC), Europe, and the Rest of the
World (RoW). These regions are then narrowed down to a country-level basis for an in-depth study.
North America is one of the most prominent regional segments of the global market. The region is
expected to observe the rapid adoption of developed technologies by both SMEs and large
organizations. It is anticipated to lead the expansion of the data catalog market in the region over
the next couple of years. Asia Pacific is also expected to witness rapid growth. The data catalog
market in the region is projected to strike the highest CAGR across the projection period. Increasing
application of the product in different industry domains is projected to prompt market growth in
the foreseeable future.
Competitive Dashboard:
IBM (US), Amazon Web Services (US), Informatica (US), Collibra (Belgium), Alation (US), Waterline
Data (US), Microsoft (US), Datawatch Corporation (US), TIBCO Software (US), Alteryx (US), Tamr
(US), and Zaloni (US) are few of the major players of the global data catalog market assessed in this
MRFR report. These players are investing in the innovation of their product lines, thus, supporting
the growth of competition among the players. Some of the organic and inorganic approaches to be
witnessed in the market in the coming years are technological developments, mergers &
acquisitions, research & development, strategic alliances, product development, collaborations, and
agreements, among others.
Industry News:
In October 2019, the big data analytics service, Databricks, introduced its Dela Lake project for
building data lakes to the Linux Foundation.
In October 2019, a division of APC Automotive Technologies, Centric Parts, has announced the
launch of its mobile catalog app for android and iOS devices.
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