DUBLIN, October 21, 2021--(BUSINESS WIRE)--The "Global Data Governance Market (2021-2026) by Component, Application, Function, Deployment, Organization Size, Industry Vertical, Geography, Competitive Analysis and the Impact of COVID-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.
The Global Data Governance Market is estimated to be USD 1.78 Bn in 2021 and is expected to reach USD 4.06 Bn by 2026, growing at a CAGR of 18%.
Key factors such as a rapid rise in data volumes have necessitated a need for data governance solutions in different industry verticals. This has been a prominent driver for the overall market growth. Also, the growing regulatory compliance followed by the need for data privacy has led to a demand for these solutions. The organizations are also seeking high data quality and increasingly emphasizing advanced analytical solutions. They are additionally supporting the growth of the market.
Conversely, the issues related to data address validation along with the presence of data silos leading to low levels of data integration, are likely to hinder the market growth.
The report includes a Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.
Why buy this report?
The report offers a comprehensive evaluation of the Global Data Governance Market.
The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
The report includes in-depth market analysis using Porter's 5 force model and the Ansoff Matrix. The impact of Covid-19 on the market is also featured in the report.
The report also contains the competitive analysis using the Competitive Quadrant, the analyst's Proprietary competitive positioning tool.
A complete analysis of the market including parent industry
Important market dynamics and trends
Historical, current, and projected size of the market based on value and volume
Market shares and strategies of key players
Recommendations to companies for strengthening their foothold in the market
Strict Regulatory and Compliance Mandates
The High Growth of Data Volumes
Adoption of Business Intelligence (BI) and Analytics to Reduce Customer Risk
Demand for High-Quality Data throughout the Data Life Cycle of The Organization
Integration of Data from Data Silos
Data Address Validation Issues
Increasing Applications of AI in Data Governance
Adoption of DevOps Across all Company Software
Complexities in Governing Security Across BYOD and Cloud Platforms
Alfresco Software Inc.
SAS Institute Inc.
TIBCO Software Inc.
Varonis Systems Inc
Data Advantage Group
For more information about this report visit https://www.researchandmarkets.com/r/dp6sac
View source version on businesswire.com: https://www.businesswire.com/news/home/20211021005517/en/
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