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According to a new report, published by KBV research, The Global Data Catalog Market size is expected to reach $2.1 billion by 2028, rising at a market growth of 19.6% CAGR during the forecast period.
The Technical Metadata market is generating high revenue in the Global Data Catalog Market by Metadata Type in 2021; thereby, achieving a market value of $1.4 billion by 2028. Technical metadata (also known as structural metadata) explains how data is organized and presented to users by specifying the structure of data items, such as columns, tables, indexes, and relationships. Technical metadata informs data professionals as to how they would be required to interact with the data, whether they may use it as it is available or if they should change it for integration or analysis.
The IT & Telecom market is exhibiting a CAGR of 19.2% during (2022 - 2028). Technicians in network operations and the field must work swiftly and efficiently. They need to be empowered to be proactive in today's environment of technology and predictive analytics. Telecommunications data catalog products consolidate various workflows on a single native cloud service, enabling Content Security Police to implement digital workflows that combine network and customer information
The Solution market is leading the segment in the Global Data Catalog Market by Component in 2021; thereby, achieving a market value of $1.4 billion by 2028. A data catalog solution automates the detection of data sources within an organization's systems. Using metadata management capabilities, the data is then organized, links between various data pieces are displayed, search is facilitated, and data lineage is monitored.
The Cloud market is experiencing a CAGR of 21.5% during (2022 - 2028). This is because cloud-based solutions provide users and enterprises in the data catalog market with access to comprehensive and adaptable solutions. It provides massive storage capabilities, scalability, enhanced data security, cost savings, and efficient data storage. Moreover, it aids consumers in comprehending data extraction and data apprehension.
The Large Enterprises market is leading the market in the Global Data Catalog Market by Organization Size in 2021, achieving a market value of $1.3 billion by 2028. For large organizations with a data lake or even other big data projects, it can be incredibly difficult to determine what data is available. Enterprises are utilizing data catalogs to boost revenue and uncover underperforming and overperforming areas for future business strategy formulation.
The Enterprise Applications market is showcasing a CAGR of 20.3% during (2022 - 2028). Off-the-shelf enterprise data catalog software provides a streamlined user experience from the outset. In addition, they give support for corporate data enablement programs in the form of recruitment, training, and seminars. Enterprise data catalogs promote data transparency and facilitate information engineers to conduct DataOps operations that build, orchestrate, and coordinate the deployment of data policies and controls, as well as administer the data offering.
The North America market dominated the Global Data Catalog Market by Region in 2021; thereby, achieving a market value of $706.1 million by 2028. The Europe market is anticipated to grow at a CAGR of 18.9% during (2022 - 2028). Additionally, The Asia Pacific market would witness a CAGR of 20.6% during (2022 - 2028).
Full Report: https://www.kbvresearch.com/data-catalog-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 IBM Corporation, Microsoft Corporation, TIBCO Software, Inc., Collibra, Inc., Oracle Corporation, Google LLC, Informatica, LLC, Cloudera, Inc., Alteryx, Inc. and Alation, Inc.
By Metadata Type
By Vertical
By Component
By Deployment
By Organization Size
By Data Consumer
By Geography
Companies Profiled
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