The Enterprise Data Management Market is projected to grow from USD 0.98 billion in 2024 to USD 1.937 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 7.74% during the forecast period (2024 - 2032). Additionally, the market size for Enterprise Data Management was valued at USD 1.067 billion in 2023.
Enable Business Intelligence in Businesses like IT and Logistics can cause the enterprise data management market to surge the key market drivers enhancing the market growth.
Figure 1: Enterprise Data Management Market Size, 2024 - 2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
The organization's information risk is increasing. Poor data management can raise privacy concerns. To minimize risk, businesses use effective risk management tools to prevent data breaches. Therefore, the need to manage data and reduce privacy risks increases the need for risk management. Data processing is crucial to enterprise data management (EDM) as it can impact productivity and business decisions. Also, companies' increasing demand for real-time data management is beneficial for business growth. Today's job is full of useless information. Generating and extracting key information in real time is essential for any company. EDM may make information available to organizations. Therefore, IT, finance, etc. The growing demand for useful information across industries will have a major impact on the knowledge management industry. In addition, the development of technology, the launch of new solutions and services, and other synergies by key players have a positive impact on this industry.This factor dives into the market CAGR.
Additionally, business investment in technology management continues to increase. Advanced enterprise software increases productivity. In addition, the use of contract management technology will increase in the coming years. Investing heavily in this technology will provide opportunities for growth. The benefits of this technology lead to increased sales revenues and a better customer experience.
All these benefits are the most valuable asset for the business. Because of these many programs, resources will be higher. Developing regions with higher energy consumption such as North America will witness higher investments during the forecast period. It helps meet the highest demands of business data management technology. This software will also have new enhancements such as AL and cloud. These developments will increase the cost of expansion. These two factors strengthen the overall market. These growing industries will greatly expand the data management business.Thus, driving the Enterprise Data Management market revenue.
The global Enterprise Data Management market segmentation, based on type, includes Services, Solutions. The solutions segment dominated the market because solutions provide a comprehensive and integrated approach to EDM, which can help organizations improve their data quality, governance, and security. Solutions provide a comprehensive and integrated approach to EDM. Solutions can help organizations to improve their data quality, governance, and security.
The global Enterprise Data Management market segmentation, based on solutions, includes Data Integration, Data Warehousing, and Data Quality. The data integration segment dominated the market because data integration is essential for connecting and unifying data from disparate sources, which is a critical requirement for many EDM initiatives. Data integration is essential for connecting and unifying data from disparate sources. Data integration can help organizations to improve their data quality, governance, and security. Data integration is a key enabler of many other EDM initiatives, such as data warehousing and mining.
Based on Deployment, the global Enterprise Data Management market segmentation includes On-Cloud, On-Premise. The on-cloud segment dominated the market because cloud-based EDM solutions offer several advantages over on-premises solutions, such as scalability, flexibility, and cost-effectiveness. Cloud-based EDM solutions are hosted on the cloud and accessed over the internet.
Figure 2: Enterprise Data Management Market, by Deployment, 2022 & 2032 (USD billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Segmented by region, the study provides market insights for North America, Europe, Asia Pacific and the rest of the world. The North American enterprise data management industry will be the market leader due to the increasing use of cloud, intelligence and analytics for business operations across various sectors, leading to economic growth in the region.
In addition, major countries examined in the market report include the United States, Canada, Germany, France, United Kingdom, Italy, Spain, China, Japan, India, Australia, South Korea and Brazil.
Figure 3: ENTERPRISE DATA MANAGEMENT MARKET SHARE BY REGION 2022 (%)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
The European enterprise data management market has the second largest market share due to theuse of advanced technologies such as artificial intelligence and machine learning. In addition, the German enterprise data management industry holds the largest market and the UK enterprise data management industry is the largest in the European region.
The enterprise data management market in Asia Pacific is expected to witness the fastest growth from 2023 to 2032. This is due to increased government spending on building IT infrastructure, as well as investment in air. Also, China’s enterprise data management sector has the largest market share and India's enterprise data management sector is the largest market in the Asian region - Pacific.
Business leaders have invested heavily in research and development to expand their products, which will help the data management industry grow further. Entrepreneurs are also undertaking various activities to expand their global footprint, and key business development activities include new product development, contract deals, joint venture mergers and acquisitions, increased investment and collaboration with other organisations. To scale and survive in the more competitive and changing business environment, business information management needs to have a good product.
Manufacturing locally to minimize operational costs is one of the key business tactics manufacturers use in the global Enterprise Data Management industry to benefit clients and increase the market sector. The Enterprise Data Management industry has offered some of the most significant advantages in recent years. Major players in the Enterprise Data Management market, including 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.), Golden source (U.S.). and Other companies are trying to meet their business needs by investing in R&D activities. Other companies are trying to meet their business needs by investing in R&D activities.
Informatica is an American software development company founded in 1993 and headquartered in Redwood City, California. Its core products include business cloud data management and data integration. Gaurav Dhillon and Diaz Nesa money joined the company. Amit Walia is the CEO of the company. Informatica introduces Intelligent Data Management in Azure for Asia Pacific. The system is an end-to-end AI-driven cloud solution available in Asia Pacific and Southeast Asia on Microsoft Azure.
Mindtree Limited is an Indian multinational information technology services and consulting company headquartered in Bangalore. Mindtree was acquired by Larsen & Toubro in 2019 before being merged with L&T Infotech in 2022 to form LTIMindtree. Mindtree collaborated with Databricks, an Al and data firm, to aid customers employs cloud-driven data solutions for advanced analytics. This service will aid Databrick's platform in implementing it throughout its customer journey.
Broadcom (Symantec)
MindTree Ltd.
Micro Focus
Cloudera, Inc.
Teradata
Amazon Web Services, Inc
Talend
Enterworks (Winshuttle, LLC)
Micro Focus
Informatica
In June 2024, International Business Machines Corporation and telecommunications provider Telefónica Tech announced yet another collaboration agreement: this time to build analytics and AI solutions as well as data governance tools to meet the ever-changing requirements of businesses. This agreement, which was to be initially limited to Spain, aimed at creating a partnership structure intended to help clients cope with the difficulties posed by new technologies in an ever-changing environment and fully utilize these technologies in their business processes.
As part of a strategic initiative designed to enhance the data that can be utilized for analytics and AI, Cloudera, Inc. announced on March 2024 that it has integrated new features into its open data lakehouse on its private cloud, increasing the level of trust. Such moves would render unplanned yet anticipated Cloudera, Inc. the only issuer of an open data lakehouse equipped with Apache Iceberg on the private and public cloud segments. The new features would make it easier for customers to leverage the complete AI capabilities of their corporate data.
In 2023, IBM unveiled a new powerful tool called IBM Cloud Pak With Data that is willing to assist users in managing large amounts of data in a hybrid and multi-cloud setup. This launch is expected to deliver a suite of powerful tools that make the use of data in different cloud infrastructures easier and more efficient.
In July 2024, Teradata announced that it had partnered with DataRobot to allow its customers to develop AI apps in the VantageCloud platform using DataRobot's AI tools. This partnership provides customers with a broader range of options, enabling them to enhance applications and models using their favorite technologies.
In February 2024, SAS Institute, in collaboration with Carahsoft Technology Corp., announced a new distribution agreement. Under this agreement, Carahsoft will serve as a SAS Public Sector Distributor. Through various contract vehicles, reseller partners and Carahsoft's government schedules, this will enhance the reach of the company's data management solutions, AI and data analytics to various US government agencies.Enterprise Data Management Market Segmentation
Services
Solutions
Data Integration
Data Warehousing
Data Quality
On-Cloud
On-Premise
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Australia
Rest of Asia-Pacific
Rest of the World
Middle East
Africa
Latin America
| Report Attribute/Metric | Details |
| Market Size 2023 | USD 0.98 billion |
| Market Size 2024 | USD 1.067 billion |
| Market Size 2032 | USD 1.937 billion |
| Compound Annual Growth Rate (CAGR) | 7.74% (2024-2032) |
| Base Year | 2023 |
| Market Forecast Period | 2024-2032 |
| Historical Data | 2018- 2022 |
| Market Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Component, Solutions,Deployment and Region |
| Geographies Covered | countries in North America, Europe, Asia Pacific and Rest of the World |
| Â | USA, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea and Brazil |
| Key Companies Profiled | Â 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.) |
| Key Market Opportunities | This growth is the result of a high level of expertise in business data management cloud deployment. |
| Key Market Dynamics | The increasing applicability of business information management in sectors such as IT and logistics will lead to business information management. |
Enterprise Data Management Market Highlights:
Frequently Asked Questions (FAQ) :
The global Enterprise Data Management market size was valued at USD 1.067 Billion in 2023.
The global market is projected to grow at a CAGR of 7.74% during the forecast period, 2024-2032.
North America witnessed the largest share of the global market
The dominant players in the market are. 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.)
The Solutions category dominated the market in 2023.
Data Integration witnessed the largest share of the global market.
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Research Analyst Level II With a technical background in information technology & semiconductors, shubham has 4.5+ years of experience in market research and analytics with the tasks of data mining, analysis, and project execution. he is the poc for our clients, for their consulting projects running under the ict/semiconductor domain. shubham holds a bachelor’s in information and technology and a master of business administration (mba). shubham has executed over 150 research projects for our clients under the brand name market research future in the last 2 years. his core skill is building the research respondent relation for gathering the primary information from industry and market estimation for niche markets. he is having expertise in conducting secondary & primary research, market estimations, market projections, competitive analysis, analysing current market trends and market dynamics, deep-dive analysis on market scenarios, consumer behaviour, technological impact analysis, consulting, analytics, etc. he has worked on fortune 500 companies' syndicate and consulting projects along with several government projects. he has worked on the projects of top tech brands such as ibm, google, microsoft, aws, meta, oracle, cisco systems, samsung, accenture, vmware, schneider electric, dell, hp, ericsson, and so many others. he has worked on metaverse, web 3.0, zero-trust security, cyber-security, blockchain, quantum computing, robotics, 5g technology, high-performance computing, data centers, ai, automation, it equipment, sensors, semiconductors, consumer electronics and so many tech domain projects.
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