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Enterprise Data Management Market (Component - Services & Solutions; Solutions - Data Integration, Data Warehousing, and Data Quality; Deployment - On-cloud, and On-premise): Global Industry Analysis, Trends, Size, Share and Forecasts to 2027

  • Published : March, 2022

  • Rep Id : ICT003072

  • Category : Electronics, ICT and Semiconductors

  • Status : Published

A recent report published by Infinium Global Research on the enterprise data management market provides in-depth analysis of segments and sub-segments in the global as well as regional enterprise data management market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional enterprise data management market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of the global enterprise data management market. According to the report, the global enterprise data management market is projected to grow at a around CAGR of 10% over the forecast period of 2021-2027. The market growing from around USD 85 billion in 2021 to over USD 147 billion in 2027

 

Market Insight

Enterprise data management (EDM) is the process of inventorying and governing the business data and getting the organization on board with the processes. Enterprise Data Management is all about managing people as it is about managing any sort of data. Data management means making sure that the people have the accurate and timely data they require, and that they follow the standards for storing quality data in a standardized, secure, and governed place. By making data management a priority, we can ensure that the data is in a secure place and available when business users need it. The benefits that enable a team due to it are Accessing high-quality data for accurate analysis, Ensuring your data is secure and compliant under regulations, Having a consistent data architecture that scales with your enterprise, and Consolidating data across multiple sources for increased efficiency. The outbreak of covid 19 caused significant disruptions in global industries. There were a few challenges faced by the markets during this period. The manufacture of enterprise data management had slowed down during this period of time. Also, the deployment of enterprise data management was tough during this period of time. The lockdowns and global restrictions imposed by the governments had hampered the deployment rate over a period of time. Similar to other markets the demand was also got affected in this market. As people were being restricted to move out of their houses. Furthermore, Work from home concepts is declining in the adoption of technology in enterprises. Demand from SMEs faced a downfall in the enterprise data management market. Mostly, the enterprise’s system is integrated into the central system.

 

The rising demand for risk management solutions will play a vital role and drive the market growth in the forecasting years as the organization’s risk regarding the data is increasing. The enterprise solution is considered to be one of the effective risk management solutions that can prevent data breaches. Nowadays the investment of industries is growing in new-gen management technologies. Advanced enterprise software is also increasing productivity in organizations. Moreover, the deployment of contract management technology will propel in upcoming years. Massive investments into technologies will provide lucrative growth opportunities for the market to grow. The benefits these technologies will offer will be like it will financial sales, giving an exceptional customer experience. Less awareness about the technology makes it a challenging factor in the enterprise data management market due to which it can decline its market growth over the period of time

 

Among the regions, North America accounted for the largest share in the global Enterprise Data Management Market. owing to the presence of major data management solution service providers, high-level expertise, and their rising investments in enterprise data management to propel its market growth in the upcoming years too. The companies in this region are often considered among the early adopters of next-generation technologies, such as IoT, big data analytics, AI, and ML. The continued adoption of the latest technologies by enterprises in this region is well for the growth of the regional market. However, the Asia Pacific region is anticipated to grow at the highest rate in the global flavored yogurt market over the forecast period. Various governments are encouraging software companies to design and develop free and open-source software for managing and accessing a huge volume of data remotely, which is likely to promote the demand for enterprise data management in this region

 

Segment Covered

The report on the global enterprise data management market covers segments such as components, solutions, and deployment. On the basis of components, the sub-markets include services & solutions. On the basis of solutions, the sub-markets include data integration, data warehousing, and data quality. On the basis of deployment, the sub-markets include on-cloud and on-premise.


Enterprise Data Management Market


Companies Profiled:

The report provides profiles of the companies in the market such as International Business Machines Corporation, Broadcom, SAP SE, MindTree Ltd, Cloudera, Inc, Oracle Corporation, Amazon Web Services, Inc, Teradata, GoldenSource Corporation, and Zaloni, Inc.

 

Report Highlights:

The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of the enterprise data management market. Moreover, the study highlights current market trends and provides forecast from 2021-2027. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.


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