Data Catalog Market Size, Trends & Analysis - Forecasts To 2025 By Deployment (On-premise, Cloud-based); By Application (BFSI, Healthcare, Retail, Government & Public Administration, IT & Telecom, Defense & Aerospace, Education, Manufacturing); By Region (North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa); End-Use Landscape; Vendor Landscape and Competitor Analysis - Global Market Estimates
Data Catalog Market Insights
The global data catalog market is anticipated to grow at a significant CAGR over the forecast period as it enables organizations to get more value from their existing investments. Data Catalogs are widely accepted by a number of industries as it not only simplifies the complexity of databases present in the data environment but also reduces time-to-insight, and provides accurate analytics.
Data Catalogs are designed to enable the companies and teams to merge information about enterprise data assets in a central repository. Data Consumers including analyst, data scientist or developers can discover, access and understand these data assets. However, data catalogs are designed according to company’s requirement, but the purpose remains almost the same.
Data Catalog Market: Deployment Insights
The global data catalog market is segmented into cloud and on-premises, based on deployment. The cloud deployment segment is likely to witness a significant growth over the coming years. Data Catalog gives a cloud-based administration into which a data source can be registered. The data is stored in the existing location along with a copy of its metadata which is added to the data catalog. The metadata is recorded in a form which can be easily discovered via search.
Moreover, improvements in the IT & telecom sector, such as the rise of BYOD and CYOD, are projected to positively impact the growth over the forecast period. The establishment of new businesses in the developing countries is further likely to stimulate the demand for cloud-based solutions.
Data Catalog Market: Application Insights
The global data catalog market is divided into BFSI, Healthcare, Retail, Government & Public Administration, IT & Telecom, Defense & Aerospace, Education, Manufacturing, based on application.
The BFSI application segment recorded a significant market share in 2016 and is further anticipated to grow at a healthy CAGR over the forecast period. The growing number of cyber-attacks along with dynamic nature of security industry is expected to increase the demand for data catalogs.
The demand for Data Catalog in IT & Telecommunication industries is also projected to account for a considerable market share over the forecast period.
Data Catalog Market: Regional Insights
Asia Pacific accounted for a substantial market share in 2016 and is also likely to increase over the projected period. This growth is likely to be driven by the lack of storage infrastructure which aids the companies to store information in the cloud. Growing advancements in manufacturing, IT & telecom, and retail sectors, particularly in countries such as China and India are projected to drive the growth over the forecast period.
North America is projected to hold a considerable revenue share in the global market over the forecast period, followed by Europe. This is mainly ascribed to innovations obtained from R&D and security technologies, particularly from countries such as the U.S. and Canada
Data Catalog Market: End-Use Landscape
The end-use landscape includes a list of current and prospective consumers prevailing across the regions. This section provides company addresses, contact details, products, and regional presence of companies who are purchasing or are likely to purchase products from the global data catalog market. The major consumers of the product are Verizon Communications Inc., AT&T Inc., and Hewlett-Packard among others.
Data Catalog Market: Competitor Analysis
Some of the leading players profiled in the global data catalog market include Alation, IBM, Microsoft, Oracle, Waterline, Qlik, and SAP among others.
Please note: This is not an exhaustive list of companies profiled in the report.
In November 2017, Waterline announced the launch of Smart Data Catalog (SDC) 4.03, the latest version of its data management service.
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The global data catalog market has been studied from the year 2016 till 2025. However, the CAGR provided in the report is from the year 2017 to 2025. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.
The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the data catalog market.
The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.
Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the companies, and customer analytics.
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