The "Data Governance - Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering. The global market for Data Governance is estimated at US$3.4 Billion in 2023 and is proje...
DUBLIN: The "Data Governance - Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering.
The global market for Data Governance is estimated at US$3.4 Billion in 2023 and is projected to reach US$15.1 Billion by 2030, growing at a CAGR of 23.6% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the data governance market is driven by several factors, including regulatory compliance requirements, the increasing volume and complexity of data, and the growing enterprise adoption of big data technologies. As regulations such as GDPR in Europe and CCPA in California impose stricter data management requirements, organizations must enhance their data governance capabilities to avoid heavy fines and reputational damage. Additionally, as companies become more data-driven, the need for data governance frameworks that can not only handle the scale and complexity of data but also enable secure and effective data utilization becomes critical.
Consumer behavior that demands transparency in how their data is used also pressures companies to adopt comprehensive data governance solutions. The integration of AI and machine learning into data governance tools, providing predictive insights and automation capabilities, is also a significant market driver. These factors collectively contribute to the dynamic growth of the global data governance market, reflecting its increasing importance in today's digital economy.
Key Insights:
Report Features:
Key Questions Answered:
Key Attributes:
Report Attribute | Details |
No. of Pages | 565 |
Forecast Period | 2023 - 2030 |
Estimated Market Value (USD) in 2023 | $3.4 Billion |
Forecasted Market Value (USD) by 2030 | $15.1 Billion |
Compound Annual Growth Rate | 23.6% |
Regions Covered | Global |
Key Topics Covered:
MARKET OVERVIEW
MARKET TRENDS & DRIVERS
FOCUS ON SELECT PLAYERS (Total 163 Featured)
For more information about this report visit https://www.researchandmarkets.com/r/eubcn9
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Fonte: Business Wire
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