About Enterprise Data Management
Enterprise data management is the process of inventorying and regulating the company's data, as well as bringing the entire organization on board. In other words, Enterprise Data Management is as much about people management as it is about data management. Data management entails ensuring that your employees have access to the accurate and timely data they require, as well as adhering to your policies for preserving quality data in a standardized, secure, and managed environment. Enterprise Data Management solutions simplify corporate processes while also allowing users to draw important inferences from data. It also develops company strategy and ensures that the whole company system is transparent. Enterprise data management improves data flow and shortens cycle times for a variety of functions. This improves the efficiency and efficacy of business management. Enterprise data management provides customer data, including onboarding of new client data, to connect to internal systems of businesses by acting as a master data management platform.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The global market is expected to be fragmented due to the involvement of many regional and global players. To maintain their market leadership, players engage in competitive strategic developments such as alliances, new product growth, and market expansion Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global Enterprise Data Management market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
IBM Corporation (United States), Bloomberg (United States), Micro Focus (United Kingdom), SAS Institute Inc. (United States), Teradata Corporation (United States), Oracle Corporation (United States), SAP SE (Germany), Symantec (United States), Cloudera, Inc. (United States) and Informatica (United States) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Smartlogic (United States), Ataccama (Canada), CentricMinds (Australia) and Talend (United States).
Segmentation Overview
AMA Research has segmented the market of Global Enterprise Data Management market by , Application (Data Security, Master Data Management, Data Integration, Data Migration, Data Warehousing and Others) and Region.
On the basis of geography, the market of Enterprise Data Management 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. SMEs will boost the Enterprise Data Management market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Industry Verticals, the sub-segment i.e. Healthcare will boost the Enterprise Data Management market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing Importance for Data Governance and Data Standardization by Organizations, Increased Need for Risk Management and New Data Integration Tools
Market Growth Drivers:
Expanding Enterprise Data Coupled with Rising Data Integration and Content Management Challenges and Improved Performance and Efficiency
Challenges:
Concerns of Data Privacy and Inconsistent Business Semantics
Restraints:
Data Quality and Data Address Validation Issues and Lack of Understanding About the Potential Benefits
Opportunities:
Fast Growth and Adoption of Technological Changes and Deploying Specific Tools and Technologies to Increase Data Access and Data Convergence
Market Leaders and their expansionary development strategies
In November 2023, Microsoft and Snowflake, a cloud-based data warehousing company, announced a strategic partnership. This partnership will make Snowflake's data warehousing platform available on Microsoft Azure, allowing customers to leverage the combined power of both companies' technologies.
In December 2023, IBM and Databricks, a data and AI platform provider, expanded their existing partnership. This expansion will bring Databricks' Lakehouse platform to IBM Cloud, offering customers a unified platform for data management, analytics, and machine learning.
Key Target Audience
Chief Information Officers (CIOs), Data Analysts and Scientists, Line-of-Business Executives (LOBs), IT Administrators, Security and Compliance Professionals and Others
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.