Enterprise Data Management Market Research Report – Forecast to 2030

Global Enterprise Data Management Market Research Report, by Component (Services & Solutions), By Solutions (Data Integration, Data Warehousing, Data Quality), By Deployment (On-Cloud and On-Premise), By Organization-Size, and by End-users - Forecast till 2030

ID: MRFR/ICT/4407-HCR | 100 Pages | Published By Shubham Munde on March 2023         

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Enterprise Data Management Market

The enterprise data management market can thrive can value at USD 1565.38 Billion at 8.89% CAGR by 2030.

Segmentation
By Component Services & Solutions
By Solutions Data Integration Data Warehousing Data Quality
By Deployment On-Cloud and On-Premise
Key Players
Companies Profiled   Oracle Corporation (U.S.)    Mulesoft (U.S.)    Accenture (Ireland)    SAP SE (Germany)    IBM Corporation (U.S.)    Talend (U.S.)    Symantec Corporation (U.S.)    SAS Institute Inc. (U.S.)    Intel Security (U.S.)    Teradata Corporation (U.S.)    Cognizant (U.S.)    MongoDB (U.S.)    Mindtree (India).
Drivers
Market Driving Forces   The growing utility of enterprise data management market across sectors    such as IT and logistics    can cause the enterprise data management market to surge.
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Enterprise Data Management Market  Overview


Enterprise Data Management Market Growth for forecast period is anticipated as 8.89% . Data management is software that is crucial in any enterprise. Both the small, medium and large enterprises have high need for this software. Privacy, protection, financial report, compliance and security solutions are part of the data management software. Reduced operating expense and improved operational efficiency is possible.


There are both software and services segment in the enterprise data management market. Both these market segments witness high demand from user end. Today, organisations are rapidly growing. Organise, manage and retrieving data is possible through this software. Massive amount of data can be effectively managed.


Reliability and assurance of data are achievable through enterprise data management. Keeping customer data secure and storing massive data in accessible forms through this application. Managing data is one of the complex tasks of any company. Today, healthcare, logistics, telecom, transportation and manufacture markets have immense demand. The enterprise data management enterprise requirement is constantly surging. All these factors will boost overall growth of this market. As per Enterprise Data Management Market Forecast, the market value is USD 1565.38 Billion.


COVID Analysis


The outbreak of covid 19 is causing many disruptions in global industries. There are few challenges for the market during this period. The manufacture of enterprise data management is slowing down in this period. Also, the deployment of enterprise data management is tough in this period. The lockdowns and global restrictions are hampering the deployment rate. Similar to other markets the demand is affected for this market. 


Today, man organisations are working remotely. Work from home setting is declining the adoption of this technology in enterprises. Demand from SME is facing a downfall in the enterprise data management market. Mostly, the enterprises system is integrated in the central system. Even in the upcoming years, many markets will work remotely. It is creating less cope for enterprise data management in next few years. During this covid 19, period healthcare sector has high adoption this system. Massive investments are available from the market from health end.


Market Dynamics



  • Crucial Market Drivers


The rising demand for risk management solution is a crucial driver for the market. The organisational risk regarding the data is rising. The enterprise solution is an effective risk management solution that can prevent data breaches. Poor data management in much enterprise is causing privacy issues. Data need to be handled securely. Safe delivery and storage of data is possible through this software.


Flow of data management is exceptional with EDM. This data management software can positively impact descions making and productivity of the enterprises. This crucial driver of the market will improve Enterprise Data Management Market Profit. Rising requirement for real time data is another crucial driver of the market.


Today, organizations have massive amount of unstructured data. Compiling and creating useful data in real time is the requirement for any enterprise. The enterprise data management can provide accessible data for the organisations. Due to accessible data demand for the market is rising from finance, IT and other industries. These crucial drivers of the market are expected to create a positive impact on the Enterprise Data Management Business.



  • The Market Growth Opportunities


The investment of industries is increasing in new-gen management technologies. Advanced enterprise software is increasing productivity. Also, the deployment of contract management technology will rise in upcoming years. Massive investments in this technology will provide massive growth opportunities.


Some of the benefits of these technologies improved sales revenue and exceptional customer experience. All these benefits are remarkable asset to any enterprise. Due to this wide range of benefits, the investment rate will grow higher. The emerging regions with high spending power such as North America will have higher investments in the forecast period. It contributes to the top demand rate for the enterprise data management technology. This software will also have new developments such as AL and cloud.


These advancements will improve expansion rate. These two factors enhance the overall market scenario. Moreover, the need for verifying data is high in industries. The data reviewed by human hands is prone to mistakes and many errors. Also, the amount of unauthentic data damages the reputation enterprises. The revenue losses pose a major challenge to the industries. However, with enterprise data management there is no room for mistakes. These market growth opportunities will expand Enterprise Data Management Market Size.



  • The Market Restraints


The lack of resources is a restraining factor of the market. The demand from SME can provide high growth scope for enterprise data management market. However, there is slow adoption of this software in the small-medium enterprise. There are fewer resources in these industries to adopt this high end technology.


Most of the SME’s are struck with legacy systems and softwares. This is a hindrance to adopt contract management technology. These restraints can decline demand in many regions. The expansion scope for the market is lesser in upcoming years. All these factors can impede with the growth rate of the enterprise data management market.



  • The Market Challenges


The lack of awareness is a challenging factor of the enterprise data management market.  Enterprise software is becoming a necessity in many regions. Also, it can automate the entire organization operations. It can manage many data with favourable changes is possible through this technology.


The benefits and features of contract management are immense. However, less awareness about the technology makes it insignificant in the global market. Most SME’s are aware of the existence of such technology. It can decline the demand rate in the forecast period. The development of the enterprise data management market can become decline due to these factors. 



  • Cumulative Growth Analysis


The enterprise Market Trends remains positive. Few factors boost the growth of the enterprise data management market. The surging investment on the software is a crucial driver for the market. There are plenty of benefits of enterprise data management for firms.


The features in the technology such as AI, cloud and machine learning are some of the drivers for the enterprise data management market. Further, growing demand from SMEs is another demand driving factor for the market. The less adoption of new technologies in SME’s is a restraining factor for the market. Also, a lack of awareness is a limitation in the enterprise data management market. However, growth is substantial in forecast period.



  • Value Chain Analysis


The North America will hold the Enterprise data management business. It is a region contributing high revenue for the Global enterprise data management Market. The presence of key market players will lead to more demand. The players of the market play a major role in developing the overall market.


Also, the investments in this region are growing ever higher. Even SME in this region are growing. Most SMEs are equipped with new technologies that make it early adopter of management software. The BFSI, healthcare, telecom legal, enterprise and other sectors have much demand for the enterprise data management market. 


Segment Overview


By Component



  • On premise

  • Cloud based


By Deployment



  • By software

  • By services


By Organisation Size



  • Large enterprise

  • Small enterprise


By End User



  • Government

  • Healthcare

  • IT telecom

  • Energy

  • Transportation logistics


By Region



  • Europe

  • North America

  • Asia pacific

  • Middle East Africa


Competitive Landscape


The competition in the Enterprise Data Management Industry is surging. There are new developments in the market in upcoming years. The key players are taking initiatives to increase the awareness for the software. There is going to be new programs and campaigns in interposes for this technology. Market acquisitions, expansions and collaborations are key strategies in competitive landscape.


Regional Analysis


North America will outgrow other regions with high enterprise data management market shares. The investments for research in the market are higher in this region. It will lead to new developments in technology. The adoption rate of enterprise data management software is immense. The revenue rates of the market will reach the maximum amount in the forecast period.


Awareness about the benefits of the technology is higher in this region. Also, it is a region with high large enterprises dealing with massive data. The need and demand for data security and effective handling is are higher. Asia pacific will experience the fastest growth rate. The adoption of the technology will enhance in the forecast period. Presence of Enterprise Data Management Market Players benefits the market. The demand for SMEs is the crucial diver for the market. The transformation from traditional systems to advanced software is surging market growth. 


The key players of the enterprise data management software market are



  • International Business Machines Corporation

  • Broadcom (Symantec)

  • SAP SE

  • MindTree Ltd.

  • Micro Focus

  • Cloudera, Inc.

  • Teradata

  • Amazon Web Services, Inc

  • Talend

  • Enterworks (Winshuttle, LLC)

  • Micro Focus

  • Informatica

  • Oracle Corporation


Recent Developments



  • The IBM key players are introducing cloud integrated enterprise data management. Managing application is effective through this platform.

  • Key players are strengthening their portfolio by making new innovations. Expansion of portfolio will widen the market.


Report Overview 



  • Market Overview Highlights 

  • Analysis Based Upon COVID 19

  • Explanation Upon The Market Dynamics

  • Value Chain Analysis

  • Market Segmentation Overview

  • The Regional Analysis

  • Competitive Landscape Analysis

  • Recent Developments



Report Scope:

Report Attribute/Metric Details
  Market Size   USD 1565.38 Billion
  CAGR   8.89%
  Base Year   2021
  Forecast Period   2022-2030
  Historical Data   2018
  Forecast Units   Value (USD Billion)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   by Component, By Solutions, By Deployment
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Oracle Corporation (U.S.), Mulesoft (U.S.), Accenture (Ireland), SAP SE (Germany), IBM Corporation (U.S.), Talend (U.S.), Symantec Corporation (U.S.), SAS Institute Inc. (U.S.), Intel Security (U.S.), Teradata Corporation (U.S.), Cognizant (U.S.), MongoDB (U.S.), Mindtree (India), Jade Global (U.S.), Goldensource (U.S.), Solix technologies Inc. (U.S.), Liasion Technologies (Sweden), and Primitive Logic (U.S.)
  Key Market Opportunities

  • The growth is due to high-level expertise in the cloud deployment of enterprise data management. \r\n
  • Asia Pacific is also anticipated to be the fastest growing region in the enterprise data management market over the forecast period.
  •   Key Market Drivers   The growing utility of enterprise data management market across sectors, such as IT and logistics, can cause the enterprise data management market to surge.


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    Frequently Asked Questions (FAQ) :

    The enterprise data management market can thrive at 8.89% CAGR by 2030.

    The enterprise data management can value at USD 1565.38 Billion by 2030.

    Goldensource (U.S.), Liasion Technologies (Sweden), Solix technologies Inc. (U.S.), and Primitive Logic (U.S.) are some reputed players in the enterprise data management market.

    The growing utility of enterprise data management market across sectors, such as IT and logistics, can cause the enterprise data management market to surge.

    The high rate of adoption of cloud analytics by SMEs in North America can bolster the North America enterprise data management market expansion.