Global Enterprise Metadata Management (EMM) Strategic Analysis Report, 2022 and 2023-2030: Rise of Digital Transformation as the New Age Enterprise Strategy Creates Fertile Environment for Market Expansion
DUBLIN, Nov. 30, 2023 /PRNewswire/ — The “Enterprise Metadata Management (EMM) – Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.
Global Enterprise Metadata Management (EMM) Market to Reach $12.5 Billion by 2030
The global market for Enterprise Metadata Management (EMM) estimated at US$3.7 Billion in the year 2022, is projected to reach a revised size of US$12.5 Billion by 2030, growing at a CAGR of 16.2% over the analysis period 2022-2030. Tools, one of the segments analyzed in the report, is projected to record 14% CAGR and reach US$6.2 Billion by the end of the analysis period. Growth in the Services segment is estimated at 18.8% CAGR for the next 8-year period.
Enterprise Metadata Management (EMM) is a crucial component of contemporary data management, and its market displays notable trends and insights. Cloud deployment models are gaining rapid traction within the EMM sector, driven by the growing adoption of cloud-based solutions. Metadata management tools hold a prominent position in the market, playing a pivotal role in EMM adoption.
The Banking, Financial Services, and Insurance (BFSI) industry stands out as a dominant force in the EMM market, owing to its data-intensive nature and the necessity for data precision and compliance.
The COVID-19 pandemic has underscored the importance of robust data management, including metadata, during crisis situations. The EMM market is competitive, featuring various players contributing to its growth and evolution, including strong, active, niche, and trivial participants. Overall, EMM remains a crucial aspect of modern data management, continually evolving to meet the expanding needs of organizations
The U.S. Market is Estimated at $1.3 Billion, While China is Forecast to Grow at 21.1% CAGR
While developed regions such as North America and Europe command substantial market shares, the Asia-Pacific region exhibits significant growth potential, thanks to the increasing focus on digital transformation initiatives.
The Enterprise Metadata Management (EMM) market in the U.S. is estimated at US$1.3 Billion in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$1.7 Billion by the year 2030 trailing a CAGR of 21.1% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 13.7% and 15.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 14% CAGR.
What`s New?
Special discussions on the global economic climate and market sentimentCoverage on global competitiveness and key competitor percentage market sharesMarket presence analysis across multiple geographies – Strong/Active/Niche/TrivialOnline interactive peer-to-peer collaborative bespoke updatesAccess to digital archives and trademarked research platformComplimentary updates for one yearAccess to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes
MARKET TRENDS & DRIVERS
Metadata Management Becomes Vital for Data-Driven BusinessesRapid Growth of Enterprise Data Volumes Presents Broad-based Opportunities for Metadata Management MarketRising Tide of Digitalization and Explosive Growth of Digital Data Create the Need for Enterprise Metadata ManagementWidespread Use of Enterprise Software and Business Apps Leads to Creation of Massive Volumes of Enterprise DataAverage Number of Apps per Employee by Company SizeAverage Number of Apps per Company by Company SizeExpanding Volumes of Industrial Big Data Fuels Demand for Metadata ManagementRise of Digital Transformation as the New Age Enterprise Strategy Creates Fertile Environment for Market ExpansionMarket Benefits from the Expansion of Data Warehousing, Data Pooling and Data Mining Operations in EnterprisesRegulations, Risk and Compliance Management: Important Drivers of Growth in Enterprise Data Management MarketRising Significance of Metadata Management in GDPR ComplianceNew Technologies Increase Importance of Metadata Management for EnterprisesGrowing Significance of AI and Machine Learning for Improving Data Quality and Management of Enterprise MetadataMachine Learning Assists Metadata ManagementAI for Easier Creation of MetadataEnterprise AI & ML Necessitate Effective Data ManagementMetadata Management Solutions for Enhanced Data AccessMetadata Crucial for Success of Big Data AnalyticsMetadata Forms the Core of Data CatalogRising Significance of Data Governance and Data Standardization among Enterprises Spurs Market GrowthMetadata Management Automation Helps Transform Data GovernanceNeed to Cut Down Risk of Enterprise Data Assets Drives Need for Enterprise Metadata ManagementOrganizations Exploit Active Metadata to Improve Data-Driven Business FunctionsEnterprises Leverage Sophisticated Tools to Modernize Metadata ManagementBetter Automation to Develop and Maintain MetadataMetadata for New Semantics and PracticesCentralization of MetadataManaging Metadata on New PlatformsMetadata Management Tools Market: Poised for Stable Growth
FOCUS ON SELECT PLAYERS (Total 61 Featured)
IBM CorporationMicrosoft CorporationSAP SEAmazon Web Services, Inc.Informatica LLCInformation BuildersQlik Technologies, Inc.Cloudera, Inc.MuleSoft, Inc.Alteryx, Inc.Objectivity, Inc.IDERA, Inc.Cambridge SemanticsInfogix, Inc.Semantic Web Company
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