The data catalog market size has grown strongly in recent years. It will grow from $0.89 billion in 2023 to $1.1 billion in 2024 at a compound annual growth rate (CAGR) of 24.6%. The growth observed in the historical period can be attributed to several factors. These include the emergence of big data, regulatory compliance requirements, challenges associated with data silos and fragmentation, the transition to cloud computing, and increasing demand for self-service analytics capabilities.
The data catalog market size is expected to see strong growth in the next few years. It will grow to $2.67 billion in 2028 at a compound annual growth rate (CAGR) of 24.8%. Anticipated growth in the forecast period can be attributed to several key factors. These include advancements in AI-driven metadata management, enhancements in data governance and privacy measures, the adoption of hybrid and multi-cloud data management solutions, and the implementation of advanced data discovery and exploration techniques. Significant trends expected in the forecast period encompass the emergence of data catalogs as a service (DCaaS), the integration of embedded data catalogs within analytics platforms, the inclusion of enhanced data collaboration features, the utilization of data catalogs for integration with DataOps and DevOps practices, and the augmentation of data catalogs with natural language processing (NLP) capabilities.
The surge in cybersecurity threats is poised to drive the growth of the data catalog market in the foreseeable future. Cybersecurity threats encompass potential risks arising from vulnerabilities in computer systems, networks, and digital infrastructure. Factors contributing to the escalation of cybersecurity threats include the proliferation of IoT devices with limited security features, emergence of new attack vectors, and inadequacy of robust cybersecurity measures such as firewalls, antivirus software, intrusion detection systems, encryption, and access controls. Data catalogs play a crucial role in supporting compliance efforts with data protection regulations such as GDPR, CCPA, HIPAA, and PCI DSS by providing visibility into data usage, storage, and access patterns. Organizations leverage data catalogs to demonstrate compliance with regulatory requirements, implement data retention policies, and monitor data access for audit purposes. For example, as per a report published by the FBI's Internet Crime Complaint Center (IC3) in March 2023, the IC3 received a total of 847,376 complaints in 2021, indicating an increase from the previous year's 791,790 complaints in 2020. The total data loss escalated from $6.9 billion in 2021 to more than $10.2 billion in 2022. Consequently, the rising cybersecurity threats act as a catalyst for the growth of the data catalog market.
Key players in the data catalog market are actively focusing on developing new technologies, including a new data management service with machine learning capabilities, to gain a competitive edge. This innovative data management service integrates machine learning capabilities, enabling organizations to efficiently govern, catalog, share, and analyze their data. For instance, in November 2022, Amazon Web Services introduced Amazon DataZone, a new ML-based data management service. It allows data producers to populate a business data catalog with structured data assets from services such as AWS Glue Data Catalog and Amazon Redshift, while data consumers can search, subscribe to, and analyze these data assets. This service aims to streamline data management processes, enhance data discoverability, and facilitate efficient collaboration among teams for better insights and decision-making based on data analysis.
In October 2021, Alation Inc., a US-based data catalog company, completed the acquisition of Lyngo Analytics for an undisclosed sum. This strategic acquisition by Alation Inc. aims to enhance the business user experience within the data catalog, scale data intelligence, and foster data culture by integrating Lyngo Analytics' artificial intelligence and machine learning technology into Alation's platform. Lyngo Analytics specializes in data catalogs and analytics, further enriching Alation's capabilities and strengthening its position in the data catalog market.
Major companies operating in the data catalog market are Microsoft Corporation, Amazon Web Services Inc., International Business Machines Corporation, Oracle Corporation, Hitachi Vantara Corporation, Tableau Software LLC, Informatica LLC, TIBCO Software Inc., Alterynx Inc., Unifi Software Inc., QlikTech International AB, Altair Engineering Inc., Boomi Inc., Precisely Inc., Talend Inc., Alation Inc., Datawatch Corporation, Tamr Inc., BigID Inc., Zaloni Inc., Atlan Pte. Ltd., Collibra Inc., Okera Inc., Apache Software Foundation, Waterline Data Inc.
North America was the largest region in the data catalog market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the data catalog market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the data catalog market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
A data catalog serves as a centralized repository of data assets within an organization, leveraging metadata to compile a comprehensive and searchable database of available data resources. It aids data professionals in swiftly locating relevant data for analytical or business purposes, thereby facilitating efficient data discovery, comprehension, and utilization.
The primary components of a data catalog encompass solutions and services. Solutions typically offer functionalities such as data discovery, metadata management, data governance, and collaboration tools, empowering businesses to optimize their data usage and decision-making processes. These solutions can be deployed either via the cloud or on-premises and cater to various end-users including those in banking, financial services, insurance, retail and e-commerce, healthcare, manufacturing, among others.
The data catalog market research report is one of a series of new reports that provides data catalog market statistics, including data catalog industry global market size, regional shares, competitors with a data catalog market share, detailed data catalog market segments, market trends, and opportunities, and any further data you may need to thrive in the data catalog industry. This data catalog market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The data catalog market consists of revenues earned by entities by providing services such as data profiling, collaboration, social tagging, data access control, and security and metadata management services. The market value includes the value of related goods sold by the service provider or included within the service offering. The data catalog market also includes sales of data lineage tracking, integration and connectivity, data access control tools, data classification, and tagging tools. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The data catalog market size is expected to see strong growth in the next few years. It will grow to $2.67 billion in 2028 at a compound annual growth rate (CAGR) of 24.8%. Anticipated growth in the forecast period can be attributed to several key factors. These include advancements in AI-driven metadata management, enhancements in data governance and privacy measures, the adoption of hybrid and multi-cloud data management solutions, and the implementation of advanced data discovery and exploration techniques. Significant trends expected in the forecast period encompass the emergence of data catalogs as a service (DCaaS), the integration of embedded data catalogs within analytics platforms, the inclusion of enhanced data collaboration features, the utilization of data catalogs for integration with DataOps and DevOps practices, and the augmentation of data catalogs with natural language processing (NLP) capabilities.
The surge in cybersecurity threats is poised to drive the growth of the data catalog market in the foreseeable future. Cybersecurity threats encompass potential risks arising from vulnerabilities in computer systems, networks, and digital infrastructure. Factors contributing to the escalation of cybersecurity threats include the proliferation of IoT devices with limited security features, emergence of new attack vectors, and inadequacy of robust cybersecurity measures such as firewalls, antivirus software, intrusion detection systems, encryption, and access controls. Data catalogs play a crucial role in supporting compliance efforts with data protection regulations such as GDPR, CCPA, HIPAA, and PCI DSS by providing visibility into data usage, storage, and access patterns. Organizations leverage data catalogs to demonstrate compliance with regulatory requirements, implement data retention policies, and monitor data access for audit purposes. For example, as per a report published by the FBI's Internet Crime Complaint Center (IC3) in March 2023, the IC3 received a total of 847,376 complaints in 2021, indicating an increase from the previous year's 791,790 complaints in 2020. The total data loss escalated from $6.9 billion in 2021 to more than $10.2 billion in 2022. Consequently, the rising cybersecurity threats act as a catalyst for the growth of the data catalog market.
Key players in the data catalog market are actively focusing on developing new technologies, including a new data management service with machine learning capabilities, to gain a competitive edge. This innovative data management service integrates machine learning capabilities, enabling organizations to efficiently govern, catalog, share, and analyze their data. For instance, in November 2022, Amazon Web Services introduced Amazon DataZone, a new ML-based data management service. It allows data producers to populate a business data catalog with structured data assets from services such as AWS Glue Data Catalog and Amazon Redshift, while data consumers can search, subscribe to, and analyze these data assets. This service aims to streamline data management processes, enhance data discoverability, and facilitate efficient collaboration among teams for better insights and decision-making based on data analysis.
In October 2021, Alation Inc., a US-based data catalog company, completed the acquisition of Lyngo Analytics for an undisclosed sum. This strategic acquisition by Alation Inc. aims to enhance the business user experience within the data catalog, scale data intelligence, and foster data culture by integrating Lyngo Analytics' artificial intelligence and machine learning technology into Alation's platform. Lyngo Analytics specializes in data catalogs and analytics, further enriching Alation's capabilities and strengthening its position in the data catalog market.
Major companies operating in the data catalog market are Microsoft Corporation, Amazon Web Services Inc., International Business Machines Corporation, Oracle Corporation, Hitachi Vantara Corporation, Tableau Software LLC, Informatica LLC, TIBCO Software Inc., Alterynx Inc., Unifi Software Inc., QlikTech International AB, Altair Engineering Inc., Boomi Inc., Precisely Inc., Talend Inc., Alation Inc., Datawatch Corporation, Tamr Inc., BigID Inc., Zaloni Inc., Atlan Pte. Ltd., Collibra Inc., Okera Inc., Apache Software Foundation, Waterline Data Inc.
North America was the largest region in the data catalog market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the data catalog market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the data catalog market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
A data catalog serves as a centralized repository of data assets within an organization, leveraging metadata to compile a comprehensive and searchable database of available data resources. It aids data professionals in swiftly locating relevant data for analytical or business purposes, thereby facilitating efficient data discovery, comprehension, and utilization.
The primary components of a data catalog encompass solutions and services. Solutions typically offer functionalities such as data discovery, metadata management, data governance, and collaboration tools, empowering businesses to optimize their data usage and decision-making processes. These solutions can be deployed either via the cloud or on-premises and cater to various end-users including those in banking, financial services, insurance, retail and e-commerce, healthcare, manufacturing, among others.
The data catalog market research report is one of a series of new reports that provides data catalog market statistics, including data catalog industry global market size, regional shares, competitors with a data catalog market share, detailed data catalog market segments, market trends, and opportunities, and any further data you may need to thrive in the data catalog industry. This data catalog market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The data catalog market consists of revenues earned by entities by providing services such as data profiling, collaboration, social tagging, data access control, and security and metadata management services. The market value includes the value of related goods sold by the service provider or included within the service offering. The data catalog market also includes sales of data lineage tracking, integration and connectivity, data access control tools, data classification, and tagging tools. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Data Catalog Market Characteristics3. Data Catalog Market Trends and Strategies32. Global Data Catalog Market Competitive Benchmarking33. Global Data Catalog Market Competitive Dashboard34. Key Mergers and Acquisitions in the Data Catalog Market
4. Data Catalog Market - Macro Economic Scenario
5. Global Data Catalog Market Size and Growth
6. Data Catalog Market Segmentation
7. Data Catalog Market Regional and Country Analysis
8. Asia-Pacific Data Catalog Market
9. China Data Catalog Market
10. India Data Catalog Market
11. Japan Data Catalog Market
12. Australia Data Catalog Market
13. Indonesia Data Catalog Market
14. South Korea Data Catalog Market
15. Western Europe Data Catalog Market
16. UK Data Catalog Market
17. Germany Data Catalog Market
18. France Data Catalog Market
19. Italy Data Catalog Market
20. Spain Data Catalog Market
21. Eastern Europe Data Catalog Market
22. Russia Data Catalog Market
23. North America Data Catalog Market
24. USA Data Catalog Market
25. Canada Data Catalog Market
26. South America Data Catalog Market
27. Brazil Data Catalog Market
28. Middle East Data Catalog Market
29. Africa Data Catalog Market
30. Data Catalog Market Competitive Landscape and Company Profiles
31. Data Catalog Market Other Major and Innovative Companies
35. Data Catalog Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Data Catalog Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on data catalog market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase:
- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
- Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
- Assess the Russia - Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for data catalog? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The data catalog market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) by Component: Solutions; Services2) by Deployment Mode: Cloud; On-Premise
3) by End-user Industry: Banking, Financial Services, and Insurance; Retail and E-commerce; Healthcare; Manufacturing; Other End-user Industries.
Key Companies Mentioned: Microsoft Corporation; Amazon Web Services Inc; International Business Machines Corporation; Oracle Corporation; Hitachi Vantara Corporation
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- Microsoft Corporation
- Amazon Web Services Inc
- International Business Machines Corporation
- Oracle Corporation
- Hitachi Vantara Corporation
- Tableau Software LLC
- Informatica LLC
- TIBCO Software Inc
- Alterynx Inc
- Unifi Software Inc
- QlikTech International AB
- Altair Engineering Inc
- Boomi Inc
- Precisely Inc
- Talend Inc
- Alation Inc
- Datawatch Corporation
- Tamr Inc
- BigID Inc
- Zaloni Inc
- Atlan Pte. Ltd
- Collibra Inc
- Okera Inc
- Apache Software Foundation
- Waterline Data Inc.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | May 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 1.1 Billion |
Forecasted Market Value ( USD | $ 2.67 Billion |
Compound Annual Growth Rate | 24.8% |
Regions Covered | Global |
No. of Companies Mentioned | 25 |