Report ID: 10154358 |
Published Date: 21 Mar 2025 |
Report Format: |
Delivery Timeline: 48-72 Business Hours
Global Enterprise Data Management Market Highlights Over 2022 - 2031
The global enterprise data management market is estimated to grow at a ~14% CAGR over the forecast period, i.e., 2022 – 2031. Moreover, the market registered a revenue of approximately USD 82.0 billion in 2021. The growth of the market can be attributed to the growing need among organizations to manage their data properly. Moreover, there has been a rise in the need for risk management solutions in organizations owing to the increase in data breaches. According to the Identity Theft Resource Center, 92 percent of the data breaches in the U.S. were the result of cyberattacks in the first three months of 2022. In addition, the data of the organizations should be managed in real-time so it is available to the users. Hence, it is anticipated to surge the growth of the global enterprise data management market.
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The global enterprise data management market is segmented by component into services and solutions. Out of these segments, the services segment is anticipated to hold the largest share over the forecast period in the global enterprise data management market owing to its help in the reduction of operational costs and improving the efficiency of the organizations.
Global Enterprise Data Management Market Regional Synopsis
Regionally, the global enterprise data management market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa region. On account of the growing awareness amongst businesses of the huge revenue loss associated with data breaches and an increase in investment in research and development, the market in the North America region is anticipated to hold the largest share over the forecast period. As per the International Trade Association, the data breach cost in the United States was approximately USD 8.19 million in 2019. Moreover, the market in the Asia Pacific region is estimated to witness modest growth over the forecast period on the back of the growing awareness of cloud computing and an increase in government support for organizations opting for software for managing their data. In countries such as Japan, government authorities are providing subsidies to businesses for introducing cloud computing services.
Market Segmentation
Our in-depth analysis of the global enterprise data management market includes the following segments:
By Deployment Type
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Cloud
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On-Premise
By Component
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Services
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Solutions
By Verticals
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IT & Telecommunication
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BFSI
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Retail
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Healthcare
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Government
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Others
By Organization Size
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Large Size Organizations
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Small & Medium Size Organizations
Growth Drivers and Challenges Impacting the Growth of the Global Enterprise Data Management Market
Growth Drivers
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Growing need among organizations to manage their data properly
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Rise in the need for risk management solutions in the organizations
Challenges
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Lack of awareness related to enterprise data management
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High cost of the enterprise data management technology
Key Companies Dominating the Global Enterprise Data Management Market
Our report has covered detailed company profiling comprising company overview, business strategies, key product offerings, financial performance, key performance indicators, risk analysis, recent developments, regional presence, and SWOT analysis among other notable indicators for competitive positioning. Some of the prominent industry leaders in the global enterprise data management market that are included in our report are Oracle Corporation, Amazon Web Services, Inc., Mindtree Ltd., Winshuttle, LLC., Cloudera, Inc., Zaloni, Inc., Teradata., IBM Corporation, Micro Focus, Talend Inc., and others.
Latest Developments in the Global Enterprise Data Management Market:
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13 February 2018: Oracle Corporation announced Oracle Enterprise Data Management Cloud to meet growing demand from customers engaged in transformation efforts and to improve business agility. The new offering, which is part of the Oracle Enterprise Performance Management (EPM) Cloud, provides a single platform for easy management of critical enterprise data assets (such as the Chart of Accounts), as well as improved data integrity and alignment.
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7 April 2022: Talend Inc., announced the acquisition of Gamma Soft, a market innovator in change data capture (CDC). Gamma Soft's highly complementary, enterprise-class change data capture technologies will assist customers in streamlining their data modernization initiatives, including cloud migrations, and supporting advanced, real-time analytics use cases across hybrid and multi-cloud environments.
Key Reasons to Buy Our Report
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The report covers a detailed analysis comprising market share attained by each market segment and its sub-segments.
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It covers market dynamics including growth drivers, trends, potential opportunities, price trend analysis and challenges that impact market growth.
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The report includes detailed company profiles of the major players dominating the market.
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We use effective research methodologies to calculate the market numbers and provide value-added assessment for overall growth.
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We provide customized reports as per the client's requirement helping them to see possible and unexpected challenges and unforeseen opportunities in order to help them reach their goal.
Frequently Asked Question
The market is segmented by deployment type, component, verticals, organization size, and by region.
The service segment is anticipated to hold largest market size in value over the forecast period and display significant growth opportunities.
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Report ID: 10154358 |
Published Date: 21 Mar 2025 |
Report Format: |
Delivery Timeline: 48-72 Business Hours
