According to Market Research Future (MRFR), the Data Governance Market Industry is estimated to grow at USD 2 billion, with an 18% CAGR from 2016 to 2022 (forecast period).
The research report offers a summary of the effect of COVID-19 on current/future market conditions. The report outlines some of the key market factors that will affect the growth of the industry, such as market share, the critical region, and key players. Data governance is a control system that ensures that data access by automated processes encounters exact standards, such as business rules and data integrity constraints in the data model.
In a nutshell, COVID-19 impact on managed services has been fruitful, with the market growth enhanced than before. Given the prevalent lockdown situation, managed services vendors are now investing heavily in remote-centric worker solutions, which can make the market highly resilient in the coming years, even as the world is currently rushing to achieve a COVID-19 breakthrough.
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Notable players in the global data governance market are Alation Inc. (U.S.), Data3Sixty Inc. (U.S.) and Reltio Inc. (U.S.), Global Data Excellence (Switzerland), Magnitude Software, Inc.(U.S.), Informatica (U.S.), SAP SE(Germany), Alfresco Software Inc.(U.S.), International Business Machines(IBM)(U.S.), and Symantec Corporation(U.S.) among others.
By components, the global data governance market has been segmented into solutions, services, support maintenance.
By function, the global data governance market has been segmented into operations & IT, legal, finance.
By deployment, the global data governance market has been segmented into on-premise and on cloud.
By organization, the global data governance market has been segmented into applications sales and marketing, product and process management, risk management, and among others.
By application industry, the global data governance market has been segmented into IT and telecom retail, financial services, healthcare, government, and among others.
North America is expected to hold the largest market share and dominate the data governance market in the forecast period due to significant investments in cloud-based solutions, early adoption of new technologies, and a large number of players in the region. The APAC market is expected to see exponential growth and is likely to be the most emerging region in the global market for data governance. This is due to the increasing need to follow compliance and the regulation being established by regulatory bodies and organizations in the region. The Operations & IT market led the Europe Data Governance Market by Function and would remain a leading market until the forecast period.
The global Data Governance Market Report Market Trends has been affected due to the lockdown across the regions. This pandemic situation has hampered the Data Governance Market Report Market Growth as well as its productivity, supply chain, and others.
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Table of Contents:
1 Executive Summary
2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Research objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
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