Data Catalog Market Size | Share | Growth Analysis 2028

MarkNtel Advisors has released a research report on the Data Catalog Market Size, Share, Analysis, Research, Report 2028. The research segment utilizes efficient methodologies to convey sales and revenue forecasts for the specified years, enhancing user understanding and supporting well-informed decision-making. Through a combination of qualitative and quantitative data, this report comprehensively addresses significant changes, gap analyses, emerging opportunities, trends, industry dynamics, and competitive challenges. To familiarize both existing businesses and new entrants with the present market scenario, the report delivers detailed growth prospects for the industry and concise insights into competitors.

Data Catalog Market Insights:

The Global Data Catalog Market is expected to grow at around 23.3% CAGR during the forecast period, i.e., 2023-28.

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Global Data Catalog Market Possible Restraint:

Mounting Concerns Pertaining to Privacy and Data Security – Many businesses believe that catalog management solutions could result in data breaches in their highly abstracted data sets, presenting the need for extra awareness regarding security frameworks and their implementation. As a result, organizations globally are concerned about security and compliance, which makes them hesitant to implement novel data handling or platform-to-platform data-shifting solutions.

Moreover, users avoid utilizing these solutions because they may lose their essential master and reference data if there are data problems during compilation or upgrade. In addition, they worry about data privacy and responsibility in the event of data loss or theft. Backed by these aspects, market elaboration will likely impede during the forecast period.

Global Data Catalog Market Growth Opportunities

Utilizing Data Catalogs to Boost Employee Output and Quality of Life – Enterprises must build up their systems and procedures so that data citizens can quickly obtain the needed data to fulfill the aim of being data-driven. However, it has been found that looking for particular data is quite time-consuming, usually more than what it takes to utilize the collected data. Thus, the solution give everyone access to a single source of information, eliminating the need for repetitive chores and labor done in isolation, subsequently opening up new avenues for the industry in the long run.

Global Data Catalog Market Key Trends

Escalating Demand for End-To-End Data Lineage in Numerous Verticals to Ramp Up Businesses – End-to-end data lineage offered by data catalog solutions may aid businesses in understanding the origin, processing, users, and purposes of the data. Therefore, such solutions are being used by several industry verticals, including healthcare, banking, financial services, and insurance (BFSI), as well as retail and e-commerce, to produce insightful data that helps them formulate business plans and make crucial business choices.

Global Data Catalog Market Recent Developments

September 2022: Alation and Fivetran, a pioneer in contemporary data integration, entered into a partnership. After this alliance, the organizations sought to make it possible for their clients to comprehend and locate the full context of data in the most recent data stack. The cooperation consolidated reliable, regulated data from diverse sources into a single perspective using the Fivetran Metadata API. This improves data pipelines, decision-making, and data visibility.
August 2022: Oracle Cloud Infrastructure teamed with Anaconda, the world’s most recognized data science platform provider. The partnership sought to give safe, open-source Python and R tools and packages by permitting and integrating the company’s repository throughout OCI Machine Learning and Artificial Intelligence services.

Leading Companies Operating in the Data Catalog Industry:

-Alation Inc.

-Alteryx

-Ataccama ONE

-Cloudera, Inc.

-Collibra

-Google

-IBM

-Informatica

-Microsoft Corporation

-Oracle

-Talend

-Tibco Software

-Zaloni

-Others

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Data Catalog Market Categorization:

The Data Catalog Market exhibits a high degree of fragmentation, categorizing into distinct segments as follows:

By Components

-Solution

-Services

By Deployment Model

-Cloud

-On-Premise

By Data Consumer

-Business Intelligence Tools

–Data Integration & ETL

–Reporting & Visualization

–Query & Analysis

-Enterprise Application

–Enterprise Resource Planning

–Supply Chain Management System

-Mobile & Web Application

–Heat Map Analytics

–Web Behavioral Analytics

–Marketing Automation

By Metadata Type

-Business

-Technical

By Enterprise Size

-Small & Medium Enterprise

-Large Enterprise

By End Users

-Manufacturing

-Healthcare & Life Science

-BFSI

-Transportation & Logistics

-Retail & Ecommerce

-Media & Entertainment

-Government & Defense

-Telecom

-ITES & Others

By Region

-North America

-South America

-Europe

-The Middle East & Africa

-Asia-Pacific

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Frequently Asked Questions (FAQs)

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We understand the mounting & diverse needs of our clients. Hence, our analysts focus on emerging industries to provide services that fulfill their assessment of the current & future industry potential, identify white spaces & hotspots, & venture into new geographies or business segments in the future.

This report also highlights current market trends & future projections, allowing businesses to identify emerging opportunities & potential challenges. By understanding market forecasts, companies can align their strategies & stay ahead of the competition.