Market Overview:
The global data governance market reached a value of US$ 2.63 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 8.94 Billion by 2027, exhibiting at a CAGR of 21.50% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Data governance refers to a set of policies, processes, standards, and metrics that enable organizations to use information effectively and efficiently for achieving their goals. It provides reliable data, reduces administrative costs, improves customer service, and enhances regulatory, legal, and industry compliance. It can be integrated with a data catalog to help organizations find, curate, analyze, prepare, and share data while supporting their artificial intelligence (AI) initiatives. As a result, enterprises across the globe are relying on data governance to simplify day-to-day operations, make strategic business decisions, minimize manufacturing costs, and understand customer buying behavior patterns.
Data Governance Market Trends:
As organizations are currently digitally transforming their businesses, they accumulate more data sources and assets. This represents one of the key factors encouraging the adoption of data governance practices to manage data sources and make them available throughout an organization. Moreover, an increasingly complex regulatory environment is driving the need for establishing robust data governance practices to avoid risks associated with non-compliance while proactively anticipating new regulations. Apart from this, data governance in the banking, financial services, and insurance (BFSI) sector helps improve performance, alleviate internal issues concerning data, and prevent potential data breaches. This, in confluence with the rising use of online banking services, is contributing to the market growth. Besides this, data governance is employed in the healthcare industry to reduce the per capita cost of healthcare and manage medical information like treatment, payment, research, and outcomes improvement. Furthermore, due to the growing emphasis of hospitals and medical assistants on improving the safety and quality of patient care, there is a rise in the demand for data governance worldwide.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global data governance market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on component, deployment mode, organization size, business function, application and end use industry.
Breakup by Component:
Breakup by Deployment Mode:
Breakup by Organization Size:
- Small and Medium-sized Enterprises (SMEs)
- Large Enterprises
Breakup by Business Function:
- Operation and IT
- Legal
- Finance
- Sales and Marketing
- Others
Breakup by Application:
- Incident Management
- Process Management
- Risk and Compliance Management
- Audit Management
- Data Quality and Security Management
- Others
Breakup by End Use Industry:
- IT and Telecom
- Healthcare
- Retail
- Defense
- BFSI
- Others
Breakup by Region:
- North America
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Adobe Inc., Alation Inc., Amazon Web Services Inc. (Amazon.com Inc.), Collibra, Infosys Limited, International Business Machines Corporation, Microsoft Corporation, MicroStrategy Incorporated, Oracle Corporation, SAP SE, SAS Institute Inc., Teradata Corporation, TIBCO Software Inc. and Varonis Systems Inc.
Report Coverage:
| Report Features |
Details |
|---|
| Base Year of the Analysis |
2021 |
| Historical Period |
2016-2021 |
| Forecast Period |
2022-2027 |
| Units |
US$ Billion |
| Segment Coverage |
Component, Deployment Mode, Organization Size, Business Function, Application, End Use Industry, Region |
| Region Covered |
Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Countries Covered |
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
| Companies Covered |
Adobe Inc., Alation Inc., Amazon Web Services Inc. (Amazon.com Inc.), Collibra, Infosys Limited, International Business Machines Corporation, Microsoft Corporation, MicroStrategy Incorporated, Oracle Corporation, SAP SE, SAS Institute Inc., Teradata Corporation, TIBCO Software Inc. and Varonis Systems Inc. |
| Customization Scope |
10% Free Customization |
| Report Price and Purchase Option |
Single User License: US$ 2299
Five User License: US$ 3399
Corporate License: US$ 4499 |
| Post-Sale Analyst Support |
10-12 Weeks |
| Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the global data governance market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global data governance market?
- What are the key regional markets?
- What is the breakup of the market based on the component?
- What is the breakup of the market based on the deployment mode?
- What is the breakup of the market based on the organization size?
- What is the breakup of the market based on the business function?
- What is the breakup of the market based on the application?
- What is the breakup of the market based on the end use industry?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global data governance market and who are the key players?
- What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Data Governance Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Component
6.1 Software
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Services
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Deployment Mode
7.1 Cloud-based
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 On-premises
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Organization Size
8.1 Small and Medium-sized Enterprises (SMEs)
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Large Enterprises
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by Business Function
9.1 Operation and IT
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Legal
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Finance
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Sales and Marketing
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Others
9.5.1 Market Trends
9.5.2 Market Forecast
10 Market Breakup by Application
10.1 Incident Management
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Process Management
10.2.1 Market Trends
10.2.2 Market Forecast
10.3 Risk and Compliance Management
10.3.1 Market Trends
10.3.2 Market Forecast
10.4 Audit Management
10.4.1 Market Trends
10.4.2 Market Forecast
10.5 Data Quality and Security Management
10.5.1 Market Trends
10.5.2 Market Forecast
10.6 Others
10.6.1 Market Trends
10.6.2 Market Forecast
11 Market Breakup by End Use Industry
11.1 IT and Telecom
11.1.1 Market Trends
11.1.2 Market Forecast
11.2 Healthcare
11.2.1 Market Trends
11.2.2 Market Forecast
11.3 Retail
11.3.1 Market Trends
11.3.2 Market Forecast
11.4 Defense
11.4.1 Market Trends
11.4.2 Market Forecast
11.5 BFSI
11.5.1 Market Trends
11.5.2 Market Forecast
11.6 Others
11.6.1 Market Trends
11.6.2 Market Forecast
12 Market Breakup by Region
12.1 North America
12.1.1 United States
12.1.1.1 Market Trends
12.1.1.2 Market Forecast
12.1.2 Canada
12.1.2.1 Market Trends
12.1.2.2 Market Forecast
12.2 Asia-Pacific
12.2.1 China
12.2.1.1 Market Trends
12.2.1.2 Market Forecast
12.2.2 Japan
12.2.2.1 Market Trends
12.2.2.2 Market Forecast
12.2.3 India
12.2.3.1 Market Trends
12.2.3.2 Market Forecast
12.2.4 South Korea
12.2.4.1 Market Trends
12.2.4.2 Market Forecast
12.2.5 Australia
12.2.5.1 Market Trends
12.2.5.2 Market Forecast
12.2.6 Indonesia
12.2.6.1 Market Trends
12.2.6.2 Market Forecast
12.2.7 Others
12.2.7.1 Market Trends
12.2.7.2 Market Forecast
12.3 Europe
12.3.1 Germany
12.3.1.1 Market Trends
12.3.1.2 Market Forecast
12.3.2 France
12.3.2.1 Market Trends
12.3.2.2 Market Forecast
12.3.3 United Kingdom
12.3.3.1 Market Trends
12.3.3.2 Market Forecast
12.3.4 Italy
12.3.4.1 Market Trends
12.3.4.2 Market Forecast
12.3.5 Spain
12.3.5.1 Market Trends
12.3.5.2 Market Forecast
12.3.6 Russia
12.3.6.1 Market Trends
12.3.6.2 Market Forecast
12.3.7 Others
12.3.7.1 Market Trends
12.3.7.2 Market Forecast
12.4 Latin America
12.4.1 Brazil
12.4.1.1 Market Trends
12.4.1.2 Market Forecast
12.4.2 Mexico
12.4.2.1 Market Trends
12.4.2.2 Market Forecast
12.4.3 Others
12.4.3.1 Market Trends
12.4.3.2 Market Forecast
12.5 Middle East and Africa
12.5.1 Market Trends
12.5.2 Market Breakup by Country
12.5.3 Market Forecast
13 SWOT Analysis
13.1 Overview
13.2 Strengths
13.3 Weaknesses
13.4 Opportunities
13.5 Threats
14 Value Chain Analysis
15 Porters Five Forces Analysis
15.1 Overview
15.2 Bargaining Power of Buyers
15.3 Bargaining Power of Suppliers
15.4 Degree of Competition
15.5 Threat of New Entrants
15.6 Threat of Substitutes
16 Price Analysis
17 Competitive Landscape
17.1 Market Structure
17.2 Key Players
17.3 Profiles of Key Players
17.3.1 Adobe Inc.
17.3.1.1 Company Overview
17.3.1.2 Product Portfolio
17.3.1.3 Financials
17.3.1.4 SWOT Analysis
17.3.2 Alation Inc.
17.3.2.1 Company Overview
17.3.2.2 Product Portfolio
17.3.3 Amazon Web Services Inc. (Amazon.com Inc.)
17.3.3.1 Company Overview
17.3.3.2 Product Portfolio
17.3.3.3 SWOT Analysis
17.3.4 Collibra
17.3.4.1 Company Overview
17.3.4.2 Product Portfolio
17.3.5 Infosys Limited
17.3.5.1 Company Overview
17.3.5.2 Product Portfolio
17.3.5.3 Financials
17.3.5.4 SWOT Analysis
17.3.6 International Business Machines Corporation
17.3.6.1 Company Overview
17.3.6.2 Product Portfolio
17.3.6.3 Financials
17.3.6.4 SWOT Analysis
17.3.7 Microsoft Corporation
17.3.7.1 Company Overview
17.3.7.2 Product Portfolio
17.3.7.3 Financials
17.3.7.4 SWOT Analysis
17.3.8 MicroStrategy Incorporated
17.3.8.1 Company Overview
17.3.8.2 Product Portfolio
17.3.8.3 Financials
17.3.8.4 SWOT Analysis
17.3.9 Oracle Corporation
17.3.9.1 Company Overview
17.3.9.2 Product Portfolio
17.3.9.3 Financials
17.3.9.4 SWOT Analysis
17.3.10 SAP SE
17.3.10.1 Company Overview
17.3.10.2 Product Portfolio
17.3.10.3 Financials
17.3.10.4 SWOT Analysis
17.3.11 SAS Institute Inc.
17.3.11.1 Company Overview
17.3.11.2 Product Portfolio
17.3.11.3 SWOT Analysis
17.3.12 Teradata Corporation
17.3.12.1 Company Overview
17.3.12.2 Product Portfolio
17.3.12.3 Financials
17.3.12.4 SWOT Analysis
17.3.13 TIBCO Software Inc.
17.3.13.1 Company Overview
17.3.13.2 Product Portfolio
17.3.13.3 SWOT Analysis
17.3.14 Varonis Systems Inc.
17.3.14.1 Company Overview
17.3.14.2 Product Portfolio
17.3.14.3 Financials
List of Figures
Figure 1: Global: Data Governance Market: Major Drivers and Challenges
Figure 2: Global: Data Governance Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Data Governance Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Data Governance Market: Breakup by Component (in %), 2021
Figure 5: Global: Data Governance Market: Breakup by Deployment Mode (in %), 2021
Figure 6: Global: Data Governance Market: Breakup by Organization Size (in %), 2021
Figure 7: Global: Data Governance Market: Breakup by Business Function (in %), 2021
Figure 8: Global: Data Governance Market: Breakup by Application (in %), 2021
Figure 9: Global: Data Governance Market: Breakup by End Use Industry (in %), 2021
Figure 10: Global: Data Governance Market: Breakup by Region (in %), 2021
Figure 11: Global: Data Governance (Software) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: Data Governance (Software) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Data Governance (Services) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Data Governance (Services) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Data Governance (Cloud-based) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: Data Governance (Cloud-based) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: Data Governance (On-premises) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: Data Governance (On-premises) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Global: Data Governance (Small and Medium-sized Enterprises (SMEs)) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Global: Data Governance (Small and Medium-sized Enterprises (SMEs)) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Global: Data Governance (Large Enterprises) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Global: Data Governance (Large Enterprises) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Global: Data Governance (Operation and IT) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Global: Data Governance (Operation and IT) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Global: Data Governance (Legal) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Global: Data Governance (Legal) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Global: Data Governance (Finance) Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: Global: Data Governance (Finance) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: Global: Data Governance (Sales and Marketing) Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: Global: Data Governance (Sales and Marketing) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: Global: Data Governance (Other Business Functions) Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: Global: Data Governance (Other Business Functions) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: Global: Data Governance (Incident Management) Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: Global: Data Governance (Incident Management) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: Global: Data Governance (Process Management) Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: Global: Data Governance (Process Management) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: Global: Data Governance (Risk and Compliance Management) Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: Global: Data Governance (Risk and Compliance Management) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: Global: Data Governance (Audit Management) Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: Global: Data Governance (Audit Management) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: Global: Data Governance (Data Quality and Security Management) Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: Global: Data Governance (Data Quality and Security Management) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: Global: Data Governance (Other Applications) Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: Global: Data Governance (Other Applications) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: Global: Data Governance (IT and Telecom) Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: Global: Data Governance (IT and Telecom) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: Global: Data Governance (Healthcare) Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: Global: Data Governance (Healthcare) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: Global: Data Governance (Retail) Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: Global: Data Governance (Retail) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: Global: Data Governance (Defense) Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: Global: Data Governance (Defense) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: Global: Data Governance (BFSI) Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: Global: Data Governance (BFSI) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: Global: Data Governance (Other End Use Industries) Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: Global: Data Governance (Other End Use Industries) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: North America: Data Governance Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: North America: Data Governance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 59: United States: Data Governance Market: Sales Value (in Million US$), 2016 & 2021
Figure 60: United States: Data Governance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: Canada: Data Governance Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: Canada: Data Governance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 63: Asia-Pacific: Data Governance Market: Sales Value (in Million US$), 2016 & 2021
Figure 64: Asia-Pacific: Data Governance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 65: China: Data Governance Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: China: Data Governance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: Japan: Data Governance Market: Sales Value (in Million US$), 2016 & 2021
Figure 68: Japan: Data Governance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 69: India: Data Governance Market: Sales Value (in Million US$), 2016 & 2021
Figure 70: India: Data Governance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 71: South Korea: Data Governance Market: Sales Value (in Million US$), 2016 & 2021
Figure 72: South Korea: Data Governance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 73: Australia: Data Governance Market: Sales Value (in Million US$), 2016 & 2021
Figure 74: Australia: Data Governance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 75: Indonesia: Data Governance Market: Sales Value (in Million US$), 2016 & 2021
Figure 76: Indonesia: Data Governance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 77: Others: Data Governance Market: Sales Value (in Million US$), 2016 & 2021
Figure 78: Others: Data Governance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 79: Europe: Data Governance Market: Sales Value (in Million US$), 2016 & 2021
Figure 80: Europe: Data Governance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 81: Germany: Data Governance Market: Sales Value (in Million US$), 2016 & 2021
Figure 82: Germany: Data Governance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 83: France: Data Governance Market: Sales Value (in Million US$), 2016 & 2021
Figure 84: France: Data Governance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 85: United Kingdom: Data Governance Market: Sales Value (in Million US$), 2016 & 2021
Figure 86: United Kingdom: Data Governance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 87: Italy: Data Governance Market: Sales Value (in Million US$), 2016 & 2021
Figure 88: Italy: Data Governance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 89: Spain: Data Governance Market: Sales Value (in Million US$), 2016 & 2021
Figure 90: Spain: Data Governance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 91: Russia: Data Governance Market: Sales Value (in Million US$), 2016 & 2021
Figure 92: Russia: Data Governance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 93: Others: Data Governance Market: Sales Value (in Million US$), 2016 & 2021
Figure 94: Others: Data Governance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 95: Latin America: Data Governance Market: Sales Value (in Million US$), 2016 & 2021
Figure 96: Latin America: Data Governance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 97: Brazil: Data Governance Market: Sales Value (in Million US$), 2016 & 2021
Figure 98: Brazil: Data Governance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 99: Mexico: Data Governance Market: Sales Value (in Million US$), 2016 & 2021
Figure 100: Mexico: Data Governance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 101: Others: Data Governance Market: Sales Value (in Million US$), 2016 & 2021
Figure 102: Others: Data Governance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 103: Middle East and Africa: Data Governance Market: Sales Value (in Million US$), 2016 & 2021
Figure 104: Middle East and Africa: Data Governance Market: Breakup by Country (in %), 2021
Figure 105: Middle East and Africa: Data Governance Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 106: Global: Data Governance Industry: SWOT Analysis
Figure 107: Global: Data Governance Industry: Value Chain Analysis
Figure 108: Global: Data Governance Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Data Governance Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Data Governance Market Forecast: Breakup by Component (in Million US$), 2022-2027
Table 3: Global: Data Governance Market Forecast: Breakup by Deployment Mode (in Million US$), 2022-2027
Table 4: Global: Data Governance Market Forecast: Breakup by Organization Size (in Million US$), 2022-2027
Table 5: Global: Data Governance Market Forecast: Breakup by Business Function (in Million US$), 2022-2027
Table 6: Global: Data Governance Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 7: Global: Data Governance Market Forecast: Breakup by End Use Industry (in Million US$), 2022-2027
Table 8: Global: Data Governance Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 9: Global: Data Governance Market: Competitive Structure
Table 10: Global: Data Governance Market: Key Players