Reliable Data You Can Trust
Reliable Data You Can Trust
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
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
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.
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.
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.
Please Choose One of them.