Global Data Governance Market Size study & Forecast, by Component, by Application, by Deployment, by Vertical and Regional Analysis, 2023-2030

Description

List of Tables

Global Data Governance Market is valued at approximately USD 2.75 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 21.70% during the forecast period 2023-2030. Data governance is a set of processes, policies, standards, and metrics that ensure that data is managed as a strategic asset within an organization. It involves defining how data is collected, stored, processed, and used to ensure its quality, security, and availability. Data governance aims to establish clear accountability for data-related decisions and actions, and it helps organizations ensure that their data meets regulatory requirements and supports their business objectives.

Within enterprise systems, data governance refers to monitoring the data's security, integrity, accessibility, and usefulness while adhering to internal data standards and policies that specify how the data is used. Effective data governance guards against inappropriate use while guaranteeing data consistency and reliability. Its significance increases as companies deal with changing data privacy regulations and depend more and more on data analytics to optimize operations and guide strategic choices. A steering committee, which acts as the initiative's oversight body, a governance team, and affiliation of data stewards is typically included in a thorough data governance programme. 181 zettabytes of data may probably be generated by 2025, according to numbers provided by exploring topics, with an estimated 328.77 million terabytes of data being created every day. The threats associated with data security are becoming more severe for organizations because of the growing usage of digital technologies and system interconnectivity. Businesses are prioritizing strong data management and governance frameworks because of high-profile hacks and data breaches that highlight the weaknesses in inadequate data governance processes. Organizations of all sizes and in a variety of industries face serious financial, operational, and reputational risks because of cybersecurity attacks. Malicious actors frequently take advantage of holes in systems and networks to access private information without authorization, which can result in data breaches, monetary losses, and harm to a brand's reputation. As a result, companies understand how critical it is to put in place all-encompassing data governance solutions to successfully reduce cybersecurity threats, which is fueling the market's expansion. However, the data integration from disparate data silos stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Data Governance Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North American data governance market held the largest revenue share in 2022 owing to the changing legislative landscape surrounding data privacy and protection. The California Consumer Privacy Act (CCPA), for example, promotes awareness of the value of data privacy. The region's data governance structure is expanding because of the strict regulations it places on businesses around the gathering, handling, sharing, and storage of sensitive and personal information. Over the course of the projection period, Asia Pacific is expected to develop with the fastest CAGR. Governments and municipalities in the Asia-Pacific region are substantially investing in smart city initiatives to improve infrastructure, advance sustainable development, and improve public services as they embrace urbanization and digital transformation. These projects mostly rely on gathering, analyzing, and using data from a variety of sources, including mobile devices, public services, and Internet of Things sensors. Because of this, strong data governance frameworks are becoming more and more necessary to manage and control the enormous volumes of data produced by smart city infrastructure, which is driving industry expansion.

Major market player included in this report are:

Oracle Corporation
SAP SE
IBM Corporation
SAS Institute Inc
Informtica
Talend
Magnitude Software
Infogix
Zaloni
Alex Solutions

Recent Developments in the Market:

In June 2023, A preview of Privacera AI Governance was released by cloud data governance and security business Privacera. Businesses can now oversee the full AI data security lifecycle thanks to the new solutions.
In September 2023, Fasoo, a data-centric security startup, collaborated with Egnyte to enable businesses to encrypt any file managed by Egnyte and integrate Egnyte rights directly into the protected file, guaranteeing governance is maintained independent of file location.

Global Data Governance Market Report Scope:

Historical Data - 2020 - 2021
Base Year for Estimation - 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered - Component, Application, Deployment, Vertical, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope - Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Component:

Services
Solution

By Application:

Compliance Management
Risk Management
Audit Management
Incident Management
Others

By Deployment:

On-Premises
Cloud

By Vertical:

BFSI
Retail & Consumer
Government
Healthcare
Manufacturing
Telecom and IT
Transportation & Logistics
Other

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1.Executive Summary

1.1.Market Snapshot
1.2.Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1.Data Governance Market, by Region, 2020-2030 (USD Billion)
- 1.2.2.Data Governance Market, by Component, 2020-2030 (USD Billion)
- 1.2.3.Data Governance Market, by Application, 2020-2030 (USD Billion)
- 1.2.4.Data Governance Market, by Deployment, 2020-2030 (USD Billion)
- 1.2.5.Data Governance Market, by Vertical, 2020-2030 (USD Billion)
1.3.Key Trends
1.4.Estimation Methodology
1.5.Research Assumption

Chapter 2.Global Data Governance Market Definition and Scope

2.1.Objective of the Study
2.2.Market Definition & Scope
- 2.2.1.Industry Evolution
- 2.2.2.Scope of the Study
2.3.Years Considered for the Study
2.4.Currency Conversion Rates

Chapter 3.Global Data Governance Market Dynamics

3.1.Data Governance Market Impact Analysis (2020-2030)
- 3.1.1.Market Drivers
  - 3.1.1.1.Increasing emphasis on regulatory compliance and data privacy concerns.
  - 3.1.1.2.Increasing volumes of unstructured data
- 3.1.2.Market Challenges
  - 3.1.2.1.Data integration from disparate data silos
- 3.1.3.Market Opportunities
  - 3.1.3.1.Implementing DevOps practices across all software within the companies

Chapter 4.Global Data Governance Market Industry Analysis

4.1.Porter's 5 Force Model
- 4.1.1.Bargaining Power of Suppliers
- 4.1.2.Bargaining Power of Buyers
- 4.1.3.Threat of New Entrants
- 4.1.4.Threat of Substitutes
- 4.1.5.Competitive Rivalry
4.2.Porter's 5 Force Impact Analysis
4.3.PEST Analysis
- 4.3.1.Political
- 4.3.2.Economical
- 4.3.3.Social
- 4.3.4.Technological
- 4.3.5.Environmental
- 4.3.6.Legal
4.4.Top investment opportunity
4.5.Top winning strategies
4.6.COVID-19 Impact Analysis
4.7.Disruptive Trends
4.8.Industry Expert Perspective
4.9.Analyst Recommendation & Conclusion

Chapter 5.Global Data Governance Market, by Component

5.1.Market Snapshot
5.2.Global Data Governance Market by Component, Performance - Potential Analysis
5.3.Global Data Governance Market Estimates & Forecasts by Component 2020-2030 (USD Billion)
5.4.Data Governance Market, Sub Segment Analysis
- 5.4.1. Services
- 5.4.2.Solution

Chapter 6.Global Data Governance Market, by Application

6.1.Market Snapshot
6.2.Global Data Governance Market by Application, Performance - Potential Analysis
6.3.Global Data Governance Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
6.4.Data Governance Market, Sub Segment Analysis
- 6.4.1. Compliance Management
- 6.4.2.Risk Management
- 6.4.3.Audit Management
- 6.4.4.Incident Management
- 6.4.5.Others

Chapter 7.Global Data Governance Market, by Deployment

7.1.Market Snapshot
7.2.Global Data Governance Market by Deployment, Performance - Potential Analysis
7.3.Global Data Governance Market Estimates & Forecasts by Deployment 2020-2030 (USD Billion)
7.4.Data Governance Market, Sub Segment Analysis
- 7.4.1. On-Premises
- 7.4.2.Cloud

Chapter 8.Global Data Governance Market, by Vertical

8.1.Market Snapshot
8.2.Global Data Governance Market by Vertical, Performance - Potential Analysis
8.3.Global Data Governance Market Estimates & Forecasts by Vertical 2020-2030 (USD Billion)
8.4.Data Governance Market, Sub Segment Analysis
- 8.4.1. BFSI
- 8.4.2.Retail & Consumer
- 8.4.3.Government
- 8.4.4.Healthcare
- 8.4.5.Manufacturing
- 8.4.6.Telecom and IT
- 8.4.7.Transportation & Logistics
- 8.4.8.Other

Chapter 9.Global Data Governance Market, Regional Analysis

9.1.Top Leading Countries
9.2.Top Emerging Countries
9.3.Data Governance Market, Regional Market Snapshot
9.4.North America Data Governance Market
- 9.4.1.U.S. Data Governance Market
  - 9.4.1.1.Component breakdown estimates & forecasts, 2020-2030
  - 9.4.1.2.Application breakdown estimates & forecasts, 2020-2030
  - 9.4.1.3.Deployment breakdown estimates & forecasts, 2020-2030
  - 9.4.1.4.Vertical breakdown estimates & forecasts, 2020-2030
- 9.4.2.Canada Data Governance Market
9.5.Europe Data Governance Market Snapshot
- 9.5.1.U.K. Data Governance Market
- 9.5.2.Germany Data Governance Market
- 9.5.3.France Data Governance Market
- 9.5.4.Spain Data Governance Market
- 9.5.5.Italy Data Governance Market
- 9.5.6.Rest of Europe Data Governance Market
9.6.Asia-Pacific Data Governance Market Snapshot
- 9.6.1.China Data Governance Market
- 9.6.2.India Data Governance Market
- 9.6.3.Japan Data Governance Market
- 9.6.4.Australia Data Governance Market
- 9.6.5.South Korea Data Governance Market
- 9.6.6.Rest of Asia Pacific Data Governance Market
9.7.Latin America Data Governance Market Snapshot
- 9.7.1.Brazil Data Governance Market
- 9.7.2.Mexico Data Governance Market
9.8.Middle East & Africa Data Governance Market
- 9.8.1.Saudi Arabia Data Governance Market
- 9.8.2.South Africa Data Governance Market
- 9.8.3.Rest of Middle East & Africa Data Governance Market

Chapter 10.Competitive Intelligence

10.1.Key Company SWOT Analysis
10.2.Top Market Strategies
10.3.Company Profiles
- 10.3.1. Oracle Corporation
  - 10.3.1.1.Key Information
  - 10.3.1.2.Overview
  - 10.3.1.3.Financial (Subject to Data Availability)
  - 10.3.1.4.Product Summary
  - 10.3.1.5.Recent Developments
- 10.3.2. SAP SE
- 10.3.3.IBM Corporation
- 10.3.4.SAS Institute Inc
- 10.3.5.Informtica
- 10.3.6.Talend
- 10.3.7.Magnitude Software
- 10.3.8.Infogix
- 10.3.9.Zaloni
- 10.3.10.Alex Solutions

Chapter 11.Research Process

11.1.Research Process
- 11.1.1.Data Mining
- 11.1.2.Analysis
- 11.1.3.Market Estimation
- 11.1.4.Validation
- 11.1.5.Publishing
11.2.Research Attributes
11.3.Research Assumption

LIST OF TABLES

TABLE 1.Global Data Governance Market, report scope
TABLE 2.Global Data Governance Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3.Global Data Governance Market estimates & forecasts by Component 2020-2030 (USD Billion)
TABLE 4.Global Data Governance Market estimates & forecasts by Application 2020-2030 (USD Billion)
TABLE 5.Global Data Governance Market estimates & forecasts by Deployment 2020-2030 (USD Billion)
TABLE 6.Global Data Governance Market estimates & forecasts by Vertical 2020-2030 (USD Billion)
TABLE 7.Global Data Governance Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8.Global Data Governance Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9.Global Data Governance Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10.Global Data Governance Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11.Global Data Governance Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12.Global Data Governance Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13.Global Data Governance Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14.Global Data Governance Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15.Global Data Governance Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16.Global Data Governance Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 17.U.S. Data Governance Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 18.U.S. Data Governance Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 19.U.S. Data Governance Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 20.Canada Data Governance Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 21.Canada Data Governance Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 22.Canada Data Governance Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 23.UK Data Governance Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 24.UK Data Governance Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 25.UK Data Governance Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 26.Germany Data Governance Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 27.Germany Data Governance Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 28.Germany Data Governance Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 29.France Data Governance Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 30.France Data Governance Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 31.France Data Governance Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 32.Italy Data Governance Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 33.Italy Data Governance Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 34.Italy Data Governance Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 35.Spain Data Governance Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 36.Spain Data Governance Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 37.Spain Data Governance Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 38.RoE Data Governance Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 39.RoE Data Governance Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 40.RoE Data Governance Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 41.China Data Governance Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 42.China Data Governance Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 43.China Data Governance Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 44.India Data Governance Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 45.India Data Governance Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 46.India Data Governance Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 47.Japan Data Governance Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 48.Japan Data Governance Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 49.Japan Data Governance Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 50.South Korea Data Governance Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 51.South Korea Data Governance Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 52.South Korea Data Governance Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 53.Australia Data Governance Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 54.Australia Data Governance Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 55.Australia Data Governance Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 56.RoAPAC Data Governance Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 57.RoAPAC Data Governance Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 58.RoAPAC Data Governance Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 59.Brazil Data Governance Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 60.Brazil Data Governance Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 61.Brazil Data Governance Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 62.Mexico Data Governance Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 63.Mexico Data Governance Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 64.Mexico Data Governance Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 65.RoLA Data Governance Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 66.RoLA Data Governance Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 67.RoLA Data Governance Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 68.Saudi Arabia Data Governance Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 69.South Africa Data Governance Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 70.RoMEA Data Governance Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 71.List of secondary sources, used in the study of global Data Governance Market
TABLE 72.List of primary sources, used in the study of global Data Governance Market
TABLE 73.Years considered for the study
TABLE 74.Exchange rates considered

List of tables and figures are dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1.Global Data Governance Market, research methodology
FIG 2.Global Data Governance Market, Market estimation techniques
FIG 3.Global Market size estimates & forecast methods
FIG 4.Global Data Governance Market, key trends 2022
FIG 5.Global Data Governance Market, growth prospects 2023-2030
FIG 6.Global Data Governance Market, porters 5 force model
FIG 7.Global Data Governance Market, pest analysis
FIG 8.Global Data Governance Market, value chain analysis
FIG 9.Global Data Governance Market by segment, 2020 & 2030 (USD Billion)
FIG 10.Global Data Governance Market by segment, 2020 & 2030 (USD Billion)
FIG 11.Global Data Governance Market by segment, 2020 & 2030 (USD Billion)
FIG 12.Global Data Governance Market by segment, 2020 & 2030 (USD Billion)
FIG 13.Global Data Governance Market by segment, 2020 & 2030 (USD Billion)
FIG 14.Global Data Governance Market, regional snapshot 2020 & 2030
FIG 15.North America Data Governance Market 2020 & 2030 (USD Billion)
FIG 16.Europe Data Governance Market 2020 & 2030 (USD Billion)
FIG 17.Asia pacific Data Governance Market 2020 & 2030 (USD Billion)
FIG 18.Latin America Data Governance Market 2020 & 2030 (USD Billion)
FIG 19.Middle East & Africa Data Governance Market 2020 & 2030 (USD Billion)