Reports and Data has recently added a new research report titled, “Global Enterprise Metadata Management Market – Industry Analysis, Size, Share, Growth, Trends, & Forecast 2021-2028.” The report focuses on important industry aspects, existing and latest market trends. The report offers a comprehensive analysis of overall market scenario along with market size, revenue growth, drivers, restraints, challenges, limitations and top companies included in the global Enterprise Metadata Management market.
The information and communication technology sector is expanding at a robust pace over the recent past. Technological advancements in the ICT sector, Artificial Intelligence and robots, increasing demand for smartphones, laptops equipped with latest technologies, and growing adoption of cloud services and IOT are key factors boosting market growth. Rising investments in research and development activities, and increasing usage of internet services, social networking, are fueling global market growth. In addition, rising focus on data security, increasing enhanced techniques to store large amount of data and rising demand for smart and wireless devices are further fueling global Enterprise Metadata Management market growth.
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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)
Application Type Outlook (Revenue, USD Billion; 2016-2026)
Governance and compliance management
Product and process management
End-Users Outlook (Revenue, USD Billion; 2016-2026)
Telecommunication & IT
Retail and Ecommerce
Healthcare and Lifesciences
Government and Defense
Energy and Utilities
Media and Entertainment
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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.
Key participants are Adaptive, ASG Technologies, Cambridge Semantics, CentricMinds, Collibra, Data Advantage Group, IBM, Informatica, Oracle, and SAP, among others.
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