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Data Governance Market by Application (Incident Management, Process Management, Compliance Management, Risk Management), Business Function, Component, Deployment Model, Organization Size, Industry Vertical, and Region - Global Forecast to 2023

Data Governance Market by Application (Incident Management, Process Management, Compliance Management, Risk Management), Business Function, Component, Deployment Model, Organization Size, Industry Vertical, and Region - Global Forecast to 2023

The data governance market size is estimated to be USD 1.31 billion in 2018 and is expected to reach USD 3.53 billion by 2023, growing at a Compound Annual Growth Rate (CAGR) of 22.0% during the forecast period. The rapidly increasing growth in data volumes, rising regulatory and compliance mandates, and enhancing strategic risk management and decision-making with the increasing business collaborations are expected to propel the growth of the data governance market.

Among various applications, the compliance management application segment is expected to grow at the fastest rate, due to the fact that compliance management applications enable organizations to test, remediate, attest, and manage their corporate structure. Compliance management applications enable organizations to implement, manage, monitor, and measure the effectiveness of their governance and compliance strategies. In addition to this, cloud-based compliance management applications provide organizations with all the necessary tools for creating an effective internal management system. The collaborative workspace helps process managers in determining organizations’ compliance level.

The retail and eCommerce industry vertical is expected to grow at the highest CAGR during the forecast period, as it is creating large volumes of data which is ultimately driving the need for efficient data governance solutions in this industry vertical. The increasing demand for cross-border eCommerce and a high internet penetration in different regions are driving the retail and eCommerce industry vertical to adopt data governance technologies.

The Small and Medium-sized Enterprises (SMEs) segment is expected to achieve the fastest growth rate, primarily due to the surge in the adoption of customer data and product data applications across all regions. SMEs are focusing on deploying data governance solutions to secure their data and govern its usage as per the regulatory aspects. Companies launch cost-effective data governance solutions to cater to SMEs and meet their requirements.

Data governance solutions and services have become essential for the IT department of organizations, as it plays a vital role in improving the reliability, security, sustainability, and performance of organizations. The finance business function segment is expected to be the highest revenue generator during the forecast period. The finance department engages in measuring and improving the financial performance of organizations. Companies have to continuously monitor different regulatory requirements set by regional government authorities. Such vigilance enables companies to avoid non-compliance penalties imposed by regulatory authorities.

North America is expected to dominate the data governance market throughout the forecast period, owing to the early adoption of technologies and the presence of a large number of data governance solution providers. Asia Pacific (APAC) is expected to grow at the highest CAGR during the forecast period. The increasing digitalization and investment in infrastructure upgrades have resulted in the higher adoption of data governance and data management solutions. APAC is witnessing the increasing demand for cloud-based solutions, owing to the growing size of SMEs. Companies operating in this region provide different solutions based on organization size and their requirements.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • MARKET SCOPE
    • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
      • Table UNITED STATES DOLLAR EXCHANGE RATE, 2014–2017
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • RESEARCH ASSUMPTIONS
    • LIMITATIONS
  • EXECUTIVE SUMMARY
    • Table DATA GOVERNANCE MARKET SIZE AND GROWTH RATE, 2016–2023 (USD MILLION, Y-O-Y %)
  • PREMIUM INSIGHTS
    • ATTRACTIVE OPPORTUNITIES IN THE DATA GOVERNANCE MARKET
    • DATA GOVERNANCE MARKET: MARKET SHARE, BY REGION
    • LIFE CYCLE ANALYSIS, BY REGION, 2018
  • MARKET OVERVIEW AND INDUSTRY TRENDS
    • INTRODUCTION
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
    • INDUSTRY TRENDS
      • DATA GOVERNANCE PROCESS
      • USE CASES
      • REGULATIONS FOR DATA GOVERNANCE INDUSTRY
  • DATA GOVERNANCE MARKET, BY APPLICATION
    • INTRODUCTION
      • Table DATA GOVERNANCE MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION)
    • INCIDENT MANAGEMENT
      • Table INCIDENT MANAGEMENT: DATA GOVERNANCE MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • PROCESS MANAGEMENT
      • Table PROCESS MANAGEMENT: DATA GOVERNANCE MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • COMPLIANCE MANAGEMENT
      • Table COMPLIANCE MANAGEMENT: DATA GOVERNANCE MARKET SIZE, BY REGION, 2015–2022 (USD MILLION)
    • RISK MANAGEMENT
      • Table RISK MANAGEMENT: DATA GOVERNANCE MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • AUDIT MANAGEMENT
      • Table AUDIT MANAGEMENT: DATA GOVERNANCE MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • DATA QUALITY AND SECURITY MANAGEMENT
      • Table DATA QUALITY AND SECURITY MANAGEMENT: DATA GOVERNANCE MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • OTHERS
      • Table OTHERS: DATA GOVERNANCE MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
  • DATA GOVERNANCE MARKET, BY BUSINESS FUNCTION
    • INTRODUCTION
      • Table DATA GOVERNANCE MARKET SIZE, BY BUSINESS FUNCTION, 2016–2023 (USD MILLION)
    • FINANCE
      • Table FINANCE: DATA GOVERNANCE MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • INFORMATION TECHNOLOGY
      • Table INFORMATION TECHNOLOGY: DATA GOVERNANCE MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • LEGAL
      • Table LEGAL: DATA GOVERNANCE MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • OPERATIONS
      • Table OPERATIONS: DATA GOVERNANCE MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • HUMAN RESOURCES
      • Table HUMAN RESOURCES: DATA GOVERNANCE MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • SALES AND MARKETING
      • Table SALES AND MARKETING: DATA GOVERNANCE MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
  • DATA GOVERNANCE MARKET, BY COMPONENT
    • INTRODUCTION
      • Table DATA GOVERNANCE MARKET SIZE, BY COMPONENT, 2016-2023 (USD MILLION)
    • SOLUTION
      • Table SOLUTION: DATA GOVERNANCE MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • SERVICES
      • Table SERVICES: DATA GOVERNANCE MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
      • Table SERVICES: DATA GOVERNANCE MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION)
      • MANAGED SERVICES
        • Table MANAGED SERVICES MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
      • PROFESSIONAL SERVICES
        • Table PROFESSIONAL SERVICES MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
        • Table PROFESSIONAL SERVICES MARKET SIZE, BY TYPE, 2016–2023 (USD MILLION)
        • Table CONSULTING SERVICES MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
        • Table SUPPORT AND MAINTENANCE SERVICES MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
  • DATA GOVERNANCE MARKET, BY DEPLOYMENT MODEL
    • INTRODUCTION
      • Table DATA GOVERNANCE MARKET SIZE, BY DEPLOYMENT MODEL, 2016–2023 (USD MILLION)
    • ON-PREMISES
      • Table ON-PREMISES: DATA GOVERNANCE MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • CLOUD
      • Table CLOUD: DATA GOVERNANCE MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
  • DATA GOVERNANCE MARKET, BY ORGANIZATION SIZE
    • INTRODUCTION
      • Table DATA GOVERNANCE MARKET SIZE, BY ORGANIZATION MODEL, 2016–2023 (USD MILLION)
    • SMALL AND MEDIUM-SIZED ENTERPRISES
      • Table SMALL AND MEDIUM-SIZED ENTERPRISES: DATA GOVERNANCE MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • LARGE ENTERPRISES
      • Table LARGE ENTERPRISES: DATA GOVERNANCE MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
  • DATA GOVERNANCE MARKET, BY INDUSTRY VERTICAL
    • INTRODUCTION
      • Table DATA GOVERNANCE MARKET SIZE, BY INDUSTRY VERTICAL, 2016–2023 (USD MILLION)
    • BANKING, FINANCIAL SERVICES, AND INSURANCE
      • Table BANKING, FINANCIAL SERVICES, AND INSURANCE: DATA GOVERNANCE MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • RETAIL AND ECOMMERCE
      • Table RETAIL AND ECOMMERCE: DATA GOVERNANCE MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • GOVERNMENT AND DEFENSE
      • Table GOVERNMENT AND DEFENSE: DATA GOVERNANCE MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • HEALTHCARE AND LIFE SCIENCES
      • Table HEALTHCARE AND LIFE SCIENCES: DATA GOVERNANCE MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • MANUFACTURING
      • Table MANUFACTURING: DATA GOVERNANCE MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • TELECOMMUNICATIONS AND IT
      • Table TELECOMMUNICATIONS AND IT: DATA GOVERNANCE MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • ENERGY AND UTILITIES
      • Table ENERGY AND UTILITIES: DATA GOVERNANCE MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • CONSTRUCTION AND ENGINEERING
      • Table CONSTRUCTION AND ENGINEERING: DATA GOVERNANCE MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • OTHERS
      • Table OTHERS: DATA GOVERNANCE MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
  • DATA GOVERNANCE MARKET, BY REGION
    • INTRODUCTION
      • Table DATA GOVERNANCE MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • NORTH AMERICA
      • Table NORTH AMERICA: DATA GOVERNANCE MARKET SIZE, BY COMPONENT, 2018–2023 (USD MILLION)
      • Table NORTH AMERICA: DATA GOVERNANCE MARKET SIZE, BY SERVICE, 2018–2023 (USD MILLION)
      • Table NORTH AMERICA: DATA GOVERNANCE MARKET SIZE, BY PROFESSIONAL SERVICE, 2018–2023 (USD MILLION)
      • Table NORTH AMERICA: DATA GOVERNANCE MARKET SIZE, BY APPLICATION, 2018–2023 (USD MILLION)
      • Table NORTH AMERICA: DATA GOVERNANCE MARKET SIZE, BY BUSINESS FUNCTION, 2018–2023 (USD MILLION)
      • Table NORTH AMERICA: DATA GOVERNANCE MARKET SIZE, BY DEPLOYMENT MODEL, 2018–2023 (USD MILLION)
      • Table NORTH AMERICA: DATA GOVERNANCE MARKET SIZE, BY ORGANIZATION SIZE, 2018–2023 (USD MILLION)
      • Table NORTH AMERICA: DATA GOVERNANCE MARKET SIZE, BY INDUSTRY VERTICAL, 2018–2023 (USD MILLION)
    • EUROPE
      • Table EUROPE: DATA GOVERNANCE MARKET SIZE, BY COMPONENT, 2018–2023 (USD MILLION)
      • Table EUROPE: DATA GOVERNANCE MARKET SIZE, BY SERVICE, 2018–2023 (USD MILLION)
      • Table EUROPE: DATA GOVERNANCE MARKET SIZE, BY PROFESSIONAL SERVICE, 2018–2023 (USD MILLION)
      • Table EUROPE: DATA GOVERNANCE MARKET SIZE, BY APPLICATION, 2018–2023 (USD MILLION)
      • Table EUROPE: DATA GOVERNANCE MARKET SIZE, BY BUSINESS FUNCTION, 2018–2023 (USD MILLION)
      • Table EUROPE: DATA GOVERNANCE MARKET SIZE, BY DEPLOYMENT MODEL, 2018–2023 (USD MILLION)
      • Table EUROPE: DATA GOVERNANCE MARKET SIZE, BY ORGANIZATION SIZE, 2018–2023 (USD MILLION)
      • Table EUROPE: DATA GOVERNANCE MARKET SIZE, BY INDUSTRY VERTICAL, 2018–2023 (USD MILLION)
    • APAC
      • Table ASIA PACIFIC: DATA GOVERNANCE MARKET SIZE, BY COMPONENT, 2018–2023 (USD MILLION)
      • Table ASIA PACIFIC: DATA GOVERNANCE MARKET SIZE, BY SERVICE, 2018–2023 (USD MILLION)
      • Table ASIA PACIFIC: DATA GOVERNANCE MARKET SIZE, BY PROFESSIONAL SERVICE, 2018–2023 (USD MILLION)
      • Table ASIA PACIFIC: DATA GOVERNANCE MARKET SIZE, BY APPLICATION, 2018–2023 (USD MILLION)
      • Table ASIA PACIFIC: DATA GOVERNANCE MARKET SIZE, BY BUSINESS FUNCTION, 2018–2023 (USD MILLION)
      • Table ASIA PACIFIC: DATA GOVERNANCE MARKET SIZE, BY DEPLOYMENT MODEL, 2018–2023 (USD MILLION)
      • Table ASIA PACIFIC: DATA GOVERNANCE MARKET SIZE, BY ORGANIZATION SIZE, 2018–2023 (USD MILLION)
      • Table ASIA PACIFIC: DATA GOVERNANCE MARKET SIZE, BY INDUSTRY VERTICAL, 2018–2023 (USD MILLION)
    • LATIN AMERICA
      • Table LATIN AMERICA: DATA GOVERNANCE MARKET SIZE, BY COMPONENT, 2018–2023 (USD MILLION)
      • Table LATIN AMERICA: DATA GOVERNANCE MARKET SIZE, BY SERVICE, 2018–2023 (USD MILLION)
      • Table LATIN AMERICA: DATA GOVERNANCE MARKET SIZE, BY PROFESSIONAL SERVICE, 2018–2023 (USD MILLION)
      • Table LATIN AMERICA: DATA GOVERNANCE MARKET SIZE, BY APPLICATION, 2018–2023 (USD MILLION)
      • Table LATIN AMERICA: DATA GOVERNANCE MARKET SIZE, BY BUSINESS FUNCTION, 2018–2023 (USD MILLION)
      • Table LATIN AMERICA: DATA GOVERNANCE MARKET SIZE, BY DEPLOYMENT MODEL, 2018–2023 (USD MILLION)
      • Table LATIN AMERICA: DATA GOVERNANCE MARKET SIZE, BY ORGANIZATION SIZE, 2018–2023 (USD MILLION)
      • Table LATIN AMERICA: DATA GOVERNANCE MARKET SIZE, BY INDUSTRY VERTICAL, 2018–2023 (USD MILLION)
    • MIDDLE EAST AND AFRICA
      • Table MIDDLE EAST AND AFRICA: DATA GOVERNANCE MARKET SIZE, BY COMPONENT, 2018–2023 (USD MILLION)
      • Table MIDDLE EAST AND AFRICA: DATA GOVERNANCE MARKET SIZE, BY SERVICE, 2018–2023 (USD MILLION)
      • Table MIDDLE EAST AND AFRICA: DATA GOVERNANCE MARKET SIZE, BY PROFESSIONAL SERVICE, 2018–2023 (USD MILLION)
      • Table MIDDLE EAST AND AFRICA: DATA GOVERNANCE MARKET SIZE, BY APPLICATION, 2018–2023 (USD MILLION)
      • Table MIDDLE EAST AND AFRICA: DATA GOVERNANCE MARKET SIZE, BY BUSINESS FUNCTION, 2018–2023 (USD MILLION)
      • Table MIDDLE EAST AND AFRICA: DATA GOVERNANCE MARKET SIZE, BY DEPLOYMENT MODEL, 2018–2023 (USD MILLION)
      • Table MIDDLE EAST AND AFRICA: DATA GOVERNANCE MARKET SIZE, BY ORGANIZATION SIZE, 2018–2023 (USD MILLION)
      • Table MIDDLE EAST AND AFRICA: DATA GOVERNANCE MARKET SIZE, BY INDUSTRY VERTICAL, 2018–2023 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • PROMINENT PLAYERS IN THE DATA GOVERNANCE MARKET
    • COMPETITIVE SCENARIO
      • NEW PRODUCT LAUNCHES AND PRODUCT UPGRADATIONS
        • Table NEW PRODUCT LAUNCHES AND PRODUCT UPGRADATIONS, 2014-2018
      • PARTNERSHIPS AND COLLABORATIONS
        • Table PARTNERSHIPS AND COLLABORATIONS, 2014–2018
      • BUSINESS EXPANSIONS
        • Table BUSINESS EXPANSIONS, 2014–2018
      • ACQUISITIONS
        • Table ACQUISITIONS, 2014–2018
  • COMPANY PROFILES
    • INTRODUCTION
    • IBM
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • ORACLE
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • SAP
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • SAS INSTITUTE
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • COLLIBRA
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • INFORMATICA
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • TALEND
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • TOPQUADRANT
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • INFORMATION BUILDERS
      • BUSINESS OVERVIEW
      • SOLUTIONS AND SERVICES OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • ALATION
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • TIBCO
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • VARONIS
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
    • ORCHESTRA NETWORKS
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
    • DATUM LLC
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
    • ERWIN, INC.
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
    • DATA ADVANTAGE GROUP
      • OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
    • SYNCSORT
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
    • INFOGIX
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
    • MAGNITUDE SOFTWARE
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
    • ATACCAMA
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
    • RELTIO
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
    • GLOBAL DATA EXCELLENCE
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
    • GLOBAL IDS
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
    • INNOVATIVE ROUTINES INTERNATIONAL
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
    • DENODO
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
  • APPENDIX
    • KEY INSIGHTS OF INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATION
    • RELATED REPORTS
    • AUTHOR DETAILS

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