The article cited AMA's Global Data Discovery Market Study explored substantial growth with CAGR of 20.15%. According the report, Trend For Self-Service Business Intelligence Tools is one of the primary growth factors for the market. Need for Insights Generation from Multi-Structured Data Sources is also expected to contribute significantly to the Data Discovery market. Overall, Risk Management applications of Data Discovery, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as QlikTech International AB (United States), Tableau Software (United States), Microsoft Corporation (United States), SAP SE (Germany), SAS Institute (United States), Cloudera (United States), Birst (United States), Datawatch Corporation (United States), Oracle Corporation (United States), Datameer (United States), Clearstory Data (United States) and MicroStrategy Inc. (United States) may see astonishing sales in this Market and certainly improve revenue growth.

The Components, such as Software, is boosting the Data Discovery market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

The Industry, such as BFSI, is boosting the Data Discovery market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

The Deployment, such as On-Premise, is boosting the Data Discovery market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

The Organization Type, such as Large Enterprise, is boosting the Data Discovery market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

AMA’s Analyst on the Global Data Discovery market identified that the demand is rising in many different parts of the world as "Increasing Machine Learning Leading To Increase In Data Generation ". Furthermore, some recent industry insights like "In May 2023 Qlik® today announced it has closed its acquisition of Talend, expanding the company’s best-in-class capabilities for modern enterprises to access, transform, trust, analyze, and take action with data." is constantly making the industry dynamic. One of the challenges that industry facing is "Data Security and Privacy Concerns."

The report provides an in-depth analysis and forecast about the industry covering the following key features:

• Detailed Overview of Data Discovery market will help deliver clients and businesses making strategies.
• Influencing factors that thriving demand and latest trend running in the market
• What is the market concentration? Is it fragmented or highly concentrated?
• What trends, challenges and barriers will impact the development and sizing of Data Discovery market
• SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights.
• What growth momentum or downgrade market may carry during the forecast period?
• Which region may tap highest market share in coming era?
• What focused approach and constraints are holding the Data Discovery market tight?
• Which application/end-user category or Product Type [Visual Exploration Tools, Data Profiling and Search-Based Data Discovery] may seek incremental growth prospects?
• What would be the market share of key countries like Germany, USA, France, China etc.?

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Data Discovery market and other related sub-markets covered in the study.

o Key & emerging players in the Data Discovery market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation
The overall Data Discovery market size is calculated using market estimation process, the Data Discovery market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Data Discovery market size has been validated using both top-down and bottom-up approaches.