Market Overview:

The Data Catalogs Market size is estimated to reach $2.7 Billion by 2030, growing at a CAGR of 22% during the forecast period 2024-2030, according to a recent report published by IndustryARC, titled, “Data Catalogs Market – By Component: (Solutions, Services), By Deployment Mode: Cloud, On-Premises),. By Data Consumer: (Business Intelligence Tools, Enterprise Applications, Mobile & Web Applications), By Enterprise Size: (Large Enterprises, Small & Medium-Sized Enterprises), By End Use Industry: (Manufacturing, Healthcare, Research & Academia, Media & Entertainment, Retail & Ecommerce, Government & Defense, Telecom & IT and Others), By Geography - Global Opportunity Analysis & Industry Forecast, 2024-2030”

Rising adoption of advanced technologies and increasing industrial applications, along with the growing emphasis on data governance and compliance, are the key drivers of market expansion for the Data Catalogs industry during the forecast period.

North America Dominated the Market in 2023

North America dominated the Data Catalog market, followed by APAC and Europe. The major share of North America is mainly due to the high adoption of digital technology and rising demand for business intelligence tools by the major companies in this region. It enterprises recognize the strategic importance of data catalogs in driving operational efficiency and maintaining competitive advantages. As a result, they allocate resources to deploy robust data catalog solutions tailored to their specific business requirements. The companies often collaborate with tech firms and data specialists to develop robust data catalog solutions. This collaborative ecosystem fosters innovation and ensures that data catalogs evolve to meet the dynamic needs of businesses. APAC is also analysed to grow at a significant rate during the forecast period.

Data Catalogs Market: Key Takeaways

Enhanced Data Governance

The increasing focus on data governance and compliance is significantly driving the Data Catalogs market. Organizations are recognizing the importance of managing their data assets effectively to meet regulatory requirements and ensure data quality. As data privacy laws become more stringent globally, businesses are investing in data catalogs to document their data lineage, maintain data integrity, and implement security protocols. This focus on governance not only helps mitigate risks but also enhances trust among stakeholders, facilitating better data-driven decision-making. Consequently, the Data Catalogs market is witnessing a surge in demand as companies strive to create transparent and accountable data ecosystems.

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Rising Demand for Self-Service Analytics

There is a growing trend towards self-service analytics among businesses, propelling the Data Catalogs market. Users across various levels within organizations are seeking intuitive tools that empower them to access, analyze, and visualize data independently. Data catalogs play a crucial role in this transformation by providing a user-friendly interface to discover and manage data assets. This shift enables organizations to democratize data access, fostering a culture of data literacy and driving innovation. As more employees become data-savvy, the demand for data catalogs that support self-service analytics will continue to escalate, highlighting their importance in modern data strategies.

Scope of the Report:

Report Metric

Details

Base Year Considered

2023

Forecast Period

2024–2030

CAGR

22%

Market Size in 2030

$2.7 Billion

Segments Covered

By Grade, By Mixture, By Function, By End Use, and By Region

Geographies Covered

North America (U.S., Canada and Mexico), Europe (Germany, France, UK, Italy, Spain, Russia and the Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Australia & New Zealand and the Rest of Asia-Pacific), South America (Brazil, Argentina, Chile, Colombia and Rest of South America), Rest of the World (Middle East and Africa).

Key Market Players

1.      IBM

2.      Informatica

3.      Amazon Web Services

4.      Collibra

5.      Alation

6.      Microsoft

7.      TIBCO Software

8.      Alteryx

9.      Dataedo Sp. z o.o.

10.  Cloudera, Inc. 

 

Recent Developments:

  •  In July 2023, Teradata has acquired Stemma Technologies, known for its AI-driven data catalog solution, aiming to enhance analytics value and user experience in AI and ML. Stemma's expertise in security, data search, and automation will bolster Teradata's data fabric and elevate Vantage platform productivity.

Data Catalogs Market: Competitive Landscape

Key companies profiled in the Data Catalogs Market are Taiyo Nippon Sanso Corporation, The Linde Group, Iwatani Corporation and others.


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