Data Catalog Market
A data catalog is related to the database and involves metadata containing database item definitions like base table, synonyms, perspectives or synonyms and indexes. It enables analysts, data scientists or developers to discover and consume data assets. A data catalog is totally organized service that allows customers to explore their required data sources and recognize the data resources which are explored. It is a way to find and understand data quickly. Data catalogs are mainly designed for organizations and groups to merge information about company data assets in a central repository.
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Market Growth Factors:
The growth of data catalog market is increasing rapidly due to various reasons such as data proliferation and an increasing adoption of self-provider analytics. As the arrangement of data is proper, so the data is available easily for the users and customers. Therefore, proper availability of data is another driving factor for the growth of market. Increasing demand for intelligent business processes and developing innovation throughout end-user industries are the riding elements for the growth of the market. The data is merged properly and is stored together, so it becomes easy to find the relevant information as soon as possible, which is another element for the growth of data catalog market. The opportunities which strengthen the growth of market are increase in adoption of business intelligence tools and investment in Ai-enabled data catalog solution.
On the basis of segmentation data catalog market is divided into different segments such as by component, by deployment mode, by data consumer, by enterprise size, by end-user, and by region. The component segment is split into solution, standalone solution, integrated solution, Service, professional service, and managed service. The solution is predicted to have the largest market size. The integrated solution is considering to grow at highest CAGR, and improves data quality, optimization of individual productiveness, and simplified record discovery. The market has the two deployment modes like cloud and on-premises. Cloud-based solutions offerhuge and agile solutions to the customers in data catalog market.
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By data consumer segment it is split into BI (Business Intelligence) tools, enterprise applications, and mobile & web applications. BI tools helps the organization with maximum accuracy. Data catalog can be used in small, medium, and large scale enterprises. The end-users of data catalog market are manufacturing, healthcare, BFSI, research & academia, media & entertainment, retail & ecommerce and others.
As per the regional analysis of data catalog market, it is divided into different geographic regions like North America, Europe, APAC, MEA, and Latin America. North America is predicted to be the biggest sales-generating location, as there is excessive focus on innovations in the US and Canada. APAC is considered to be the fastest developing region in the market. Higher price of infrastructure development and large growth of statistics makes APAC a potential market for growth.
There are many vendors offering data catalog solutions such as IBM, Informatica , Amazon Web Services, Alteryx , Collibra, Alation, Microsoft, TIBCO Software, Datawatch Corporation, Waterline Data, Zaloni , and Tamr. IBM has announced that it is adding the data catalog and additional data refining capabilities to the IBM Watson Data Platform.
Podium Data takes its data lake catalog to the cloud
On February 6, 2018 Podium Data Inc. is taking its first steps outside the on-premises world and bringing self-service big data to the cloud.
Key Question for this Market Report:
Who will be the key manufacturers in this particular Market space?
What are the most important aspects driving the Global Data Catalog market?
What are the necessary trends impacting the build-up of the Global Data Catalog market?
What are the key outcomes of the forces analysis?
What is the trending factors influencing the Market shares in next few years?
Data Catalog Market Analysis is expected to witness significant growth due to its rise in the application of ICT Media industry over the forecast period.
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