According to a new report Global Enterprise Data Management Market, published by KBV research, The Global Enterprise Data Management Market size is expected to reach $133.4 billion by 2026, rising at a market growth of 10.2% CAGR during the forecast period. Key factors driving the enterprise data management market include companies focused on enhancing their customer experiences, speeding up their analytical and transactional processes, and making quicker business decisions using data insights. With the sudden break of Covid-19 in late months of year 2019, the markets worldwide are unfortunately experiencing its grip. The suppliers and consumers of the products & Services are affected in a big way across the sectors resulting in declining revenues in last quarters of year 2019.
The Software market dominated the Global Enterprise Data Management Market by Component 2019, and would continue to be a dominant market till 2026, growing at a CAGR of 9.3 % during the forecast period. The Services market is expected to witness a CAGR of 12.5% during (2020 - 2026).
The BFSI market dominated the Global Enterprise Data Management Market by End User 2019. The industry of Banking, Financial Services and Insurance (BFSI) has been a competitive vertical industry which focuses accurate data to make efficient business decisions. It is important to use vertical enterprise data management solutions in the banking industry to handle the data effectively and to ensure data consistency. Keeping up with the competition has become a necessity. The Government & Defense market is witnessing a CAGR of 12.3% during (2020 - 2026). Additionally, The Energy & Utilities market is experiencing a CAGR of 12% during (2020 - 2026).
During the forecast period, North America is projected to account for the largest market size. The region is home to a range of key vendors, including Microsoft, IBM, SAS Institute, SAP, Informatica, Teradata and Cloudera. Throughout the forecast period, Asia Pacific (APAC) is projected to rise at the highest CAGR with growing big data across all industry verticals.
Structural Insights: https://www.kbvresearch.com/enterprise-data-management-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Oracle Corporation, SAP SE, Teradata Corporation, SAS Institute, Inc., Talend S.A., Salesforce.com, Inc. (MuleSoft LLC), Micro Focus International PLC, Cloudera, Inc., IBM Corporation, Amazon.com, Inc.
By Component
By Deployment Type
By Organization Size
By End User
By Geography
Companies Profiled
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