The Data Catalog Market Size is valued at USD 0.8 billion in 2023 and is predicted to reach USD 4.4 billion by the year 2031 at a 22.7% CAGR during the forecast period for 2024-2031.
A data catalog is a structured list of all an organization's data assets that provides a sophisticated yet easy-to-use predicate-based search experience for technical and business metadata linked to data entries. The data catalog market is expanding due to the ever-increasing demand for data governance and compliance. Organizations are using data catalog solutions more and more to ensure regulatory compliance and efficient data management. Companies competing in the data catalog industry work together to offer customers comprehensive solutions that incorporate analytics, governance, and data management. In order to improve data-driven decision-making, simplify data discovery, and guarantee compliance, key actors collaborate closely with organizations. Furthermore, the proliferation of cloud services and big data technologies contributed to data catalogs' popularity by making it easier for businesses to handle the variety and amount of their enormous datasets.
However, the data catalog market is expected to be hindered by the high implementation cost, technical complexities, and lack of data catalog professionals. Furthermore, the COVID-19 pandemic caused an increase in the demand for effective data management, access, and governance to support digital transformation efforts and hastened the adoption of data catalog solutions as firms transitioned to remote work. Additionally, the increasing necessity for cloud-based solutions and the growing need for effective data management are driving market growth.
Competitive Landscape
Some Major Key Players In The Data Catalog Market:
- Alation, Inc.
- Alteryx, Inc.
- Ataccama Corporation (Ataccama ONE)
- Cloudera, Inc.
- Collibra NV
- Google LLC
- International Business Machines Corporation (IBM)
- Informatica LLC
- Microsoft Corporation
- Oracle Corporation
- Talend, Inc.
- Tibco Software Inc.
- Zaloni, Inc.
- Denodo Technologies, Inc.
- Tableau Software, LLC (a Salesforce Company)
- Amazon Web Services, Inc. (AWS)
- Cambridge Semantics Inc.
- Erwin, Inc. (by Quest Software)
- Tamr, Inc.
- World, Inc.
- Alex Solutions Pty Ltd
- Octopai Ltd.
- Immuta, Inc.
- Solidatus Ltd.
- Zeenea
- Atlan Pte. Ltd.
- Stemma Technologies, Inc.
- Castor EDC, Inc.
- Other Market Players
Market Segmentation:
The data catalog market is segmented based on component, deployment model, data consumer, metadata type, Enterprise size, and End-Users. According to the component segment, the market is categorized into Solution, Services (Profession Services, (Support and Maintenance Services, Consulting Services, Deployment and Integration Services), Managed Services). As per the deployment model, the market is segmented into cloud and on-premise. By data consumer, the market is segmented into business intelligence tools and mobile & web applications. By metadata type, the market is segmented into business and technical. The Enterprise size segment comprises into small & medium enterprises and large enterprises. By end-users, the market is segmented into manufacturing, healthcare & life science, BFSI, transportation & logistics, retail & e-commerce, media & entertainment, government & defence, telecom, ITES and others.
Based On The Component, The Services Are Accounted As A Major Contributor To The Data Catalog Market.
Data catalog services are expected to hold a major global market share in 2023 because consulting, support, and installation services are in high demand. As more firms use these solutions, there is a growing need for professional services in the data catalog sector. These services necessitate expert assistance to guarantee smooth integration, correct usage, and continuous maintenance, which is fueling the segment's expansion.
Large Enterprise Segment To Witness Growth At A Rapid Rate
The large enterprise industry is growing because there is a growing demand for advanced analytics, scalable data management, and the ability to handle enormous amounts of data. Large companies need strong data catalog solutions to make better decisions, have better data governance, and stay in compliance with legislation. The increasing number of companies implementing digital transformation programs is also contributing to the sector's expansion.
In The Region, The North American Data Catalog Market Holds A Significant Revenue Share.
The North American data catalog market is expected to document the highest market share in revenue in the near future. It can be attributed to rapid developments in technology, the broad use of cloud-based solutions, and a growing focus on data governance and compliance with regulations. The presence of major market participants in the area also contributes to its growth. In addition, Europe is estimated to show rapid growth in the global data catalog market due to increasing demand for efficient data management and the expanding popularity of cloud computing. Investments in sophisticated analytics solutions and the region's growing IT infrastructure are also driving market expansion in this area.
Recent Developments:
- In June 2024, IBM Knowledge Catalog 5.0 included enhanced visualization tools and newly available generative AI functionalities to improve productivity. Throughout 2023, they emphasized providing value to clients seeking IBM Knowledge Catalog, particularly those well-acquainted with IBM InfoSphere Information Governance Catalog and Information Analyzer, along with a suite of data migration utilities for these clients. Clients that opted to transition are already completing their migration to IBM Knowledge Catalog.
Data Catalog Market Report Scope
Report Attribute |
Specifications |
Market Size Value In 2023 |
USD 0.8 Bn |
Revenue Forecast In 2031 |
USD 4.4 Bn |
Growth Rate CAGR |
CAGR of 22.7% from 2024 to 2031 |
Quantitative Units |
Representation of revenue in US$ Bn and CAGR from 2024 to 2031 |
Historic Year |
2019 to 2023 |
Forecast Year |
2024-2031 |
Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
Segments Covered |
By Component, Deployment Model, Data Consumer, Metadata Type, Enterprise Size, And End-Users |
Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
Country Scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; France; Italy; Spain; South East Asia; South Korea |
Competitive Landscape |
Alation, Inc., Alteryx, Inc., Ataccama Corporation, Cloudera, Inc., Collibra NV, Google LLC, International Business Machines Corporation (IBM), Informatica LLC, Microsoft Corporation, Oracle Corporation, Talend, Inc., Tibco Software Inc., Zaloni, Inc., Denodo Technologies, Inc., Tableau Software, LLC (a Salesforce Company), Amazon Web Services, Inc. (AWS), Cambridge Semantics Inc., Erwin, Inc. (by Quest Software), Tamr, Inc., Data.World, Inc., Alex Solutions Pty Ltd, Octopai Ltd., Immuta, Inc., Solidatus Ltd., Zeenea, Atlan Pte. Ltd., Stemma Technologies, Inc., Castor EDC, Inc. |
Customization Scope |
Free customization report with the procurement of the report and modifications to the regional and segment scope. Particular Geographic competitive landscape. |
Pricing And Available Payment Methods |
Explore pricing alternatives that are customized to your particular study requirements. |