PUNE, India, February 7, 2017 /PRNewswire/ --
According to a new market research report "Data Governance Market by Component (Solution and Service), Application (Incident Adjustment Management, Risk Management, Sales & Marketing Optimization), Deployment, Vertical, Business Function & Region - Global Forecast to 2021", published by MarketsandMarkets, the Data Governance Market estimated to grow from USD 863.2 Million in 2016 to USD 2234.7 Million by 2021, at a Compound Annual Growth Rate (CAGR) of 21.0% during the forecast period.
(Logo: http://photos.prnewswire.com/prnh/20160303/792302 )
Browse 71 market data tables and 54 figures spread through 163 pages and in-depth TOC on "Data Governance Market - Global Forecast to 2021"
http://www.marketsandmarkets.com/Market-Reports/data-governance-market-108243043.html
Early buyers will receive 10% customization on this report.
The key forces driving the Data Governance Market include the need to meet regulations & compliance deadlines and improve & sustain strategic risk management.
The managed services segment is expected to grow at the highest CAGR during the forecast period
Among services, the managed services segment is expected to grow at a rapid pace during the forecast period. The demand for consulting services is witnessing exponential growth, mainly because almost every technological domain requires well-delivered managed services. The services being offered must fit perfectly into the client's environment. Technical expertise, service consistency, and flexibility must be provided by the vendors, regardless of the geographical location of the client. Managed services are considered crucial, as they are directly related to customer experience. These services help organizations sustain their positions in the market. Moreover, it has become difficult for companies to focus on core business processes and support various other functions, which can be resolved by implementing managed services.
Data governance solutions component is expected to contribute the largest market share in 2016
Among components, the solutions segment is expected to hold the largest market share in the Data Governance Market in 2016. Data governance solutions ensure that the data fits a particular user- specific task and is accurate & timely.
Data governance solutions consist of data masking, data archiving, data catalog, data dictionary, access control, data collaboration, and compliance & policy management. The data governance vendors also provide standalone solutions, which are complete solutions for analyzing and acting on real-time business events. Based on the data, organizations could implement governance policies and plan the next steps accordingly in case a fault occurs.
Request Sample Pages @ http://www.marketsandmarkets.com/requestsample.asp?id=108243043
North America is expected to contribute the largest market share; Asia-Pacific (APAC) to grow at the highest CAGR
North America is expected to hold the largest market share and dominate the Data Governance Market from 2016 to 2021, owing to large investments in cloud-based solutions, early adoption of new & emerging technologies, and a large number of players present in this region. The APAC region is in the initial growth phase; however, it is expected to be the fastest-growing region for the global Data Governance Market. The key reason for the high growth rate in APAC is the growing demand for cost-effective data governance platforms and tools among Small and Medium Enterprises (SMEs) in this region.
The major vendors providing data governance are Collibra, Inc. (Brussels, Belgium), Informatica Corporation (California, U.S.), SAS Institute Inc. (North Carolina, U.S.), IBM Corporation (New York, U.S.), Oracle Corporation (California, U.S.), SAP SE (Walldorf, Germany), TIBCO Software Inc. (California, U.S.), Talend Inc. (California, U.S.), Information Builders (New York, U.S.), Varonis Systems Inc. (New York, U.S.), and Orchestra Networks (Paris, France).
Browse Related Reports:
Big Data Market by Component (Software and Services), Type (Structured, Semi-Structured and Unstructured), Deployment Model, Vertical, and Region (North America, Europe, Asia-Pacific, Latin America & Middle East and Africa) - Global Forecast to 2021
http://www.marketsandmarkets.com/Market-Reports/big-data-market-1068.html
Self-Service BI Market by Type (Software, Services), Application (Sales & Marketing Management, Customer Engagement & Analysis, Predictive Asset Maintenance), Business Function, Deployment Model, Vertical, & Region - Global Forecast to 2021
http://www.marketsandmarkets.com/Market-Reports/self-service-bi-market-226871366.html
Know More About our Knowledge Store @ http://www.marketsandmarkets.com/Knowledgestore.asp
About MarketsandMarkets
MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Contact:
Mr. Rohan
MarketsandMarkets
701 Pike Street
Suite 2175, Seattle,
WA 98101, United States
Tel : 1-888-600-6441
Email: sales@marketsandmarkets.com
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/telecom-it
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets
Share this article