About Data Governance
Data Governance is the set of policies, procedures, and standards that support effective management, quality, and protection of an organization's information assets. It is about defining clear roles, responsibilities, and processes to manage data through its life cycle from creation and storage to use and destruction. The purpose of data governance is to make data accurate, available, consistent, and secure so that organizations can make effective decisions and remain compliant with regulatory rules. Data governance usually consists of different elements like data quality management, data privacy, data security, and legal and regulatory compliance such as the GDPR. It also entails establishing data stewardship positions, which are tasked with ensuring that data is used ethically and responsibly throughout the organization. Proper data governance not only guarantees that data is accurate but also that it is utilized in an efficient manner, reducing risks such as data breaches, misinformation, and non-compliance with legal requirements.
Attributes | Details |
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Study Period | 2020-2032 |
Base Year | 2024 |
Unit | Value (USD Million) |
Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Collibra (Brussels, Belgium), Informatica Corporation (Redwood City, United States), SAS Institute (Cary, United States), IBM Corporation (Armonk, United States), Oracle Corporation (Austin, United States), SAP SE (Walldorf, Germany), TIBCO Software (Palo Alto, United States), Talend (Paris, France), Information Builders (New York, United States), Varonis Systems (New York, United States) and Orchestra Networks (Paris, France) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Data Governance market by , Application (Incident management, Process management, Compliance management, Risk management, Audit management, Data quality and security management and Others (Network management and Employee performance management)) and Region.
On the basis of geography, the market of Data Governance has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Organization Size, the sub-segment i.e. Small and Medium-Sized Enterprises (SMEs) will boost the Data Governance market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Industrial Vertical, the sub-segment i.e. BFSI will boost the Data Governance market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Deployment Model, the sub-segment i.e. On-premises will boost the Data Governance market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.