About Metadata Management Tools
Metadata provides information about relationships and business relevance with other data. When metadata can be accessed effectively, data becomes more beneficial. Metadata management tools follow a structured path: create, manage, store, and publish metadata as data is created. This tool is so familiar to all companies that it significantly reduces the technical problems of the resolution time. The metadata management tool is widely adopted by many companies and the data processing tool assists in the automatic creation of metadata. Basically, it describes when, how, and who created the respective data and in which format they are located. In addition, it supports the recommendation and search and makes the content available to viewers in a simple, clear, and intuitive form. With broadcasting, users can do a lot with metadata. Users can send more metadata than broadcast systems allow, and users can augment this metadata from multiple sources. Metadata is the modern IT solution that corresponds to a label on a tape or film roll (title, brief description) with possibly more structured machine-readable information (technical details, transmission time, storage location).
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products, and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Metadata Management Tools market throughout the forecasted period. 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.
IBM (United States), Oracle (United States), SAP (Germany), Microsoft (United States), ASG Technologies (United States), Talend (United States), Adaptive Biotechnologies (United States), Data Advantage Group, Inc. (United States), Cambridge Semantics, Inc. (United States), Centricminds (United States) and Collibra (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Topquadrant (United States), Informatica (United States) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Metadata Management Tools market by Type (Web Based and Desktop Based), Application (Product and Process Management, Governance and Compliance Management, Risk Management and Incident Management) and Region.
On the basis of geography, the market of Metadata Management Tools 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 Industry Vertical, the sub-segment i.e. Travel and Hospitality will boost the Metadata Management Tools market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Metadata Type, the sub-segment i.e. Business Metadata will boost the Metadata Management Tools market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising Customer, As Well As Company’s Preferences, Have Compelled Manufacturers Of IT And Telecommunication To Increase The Uptake Of Metadata Management Tools And Provide Additional Features In It For The Betterment And Efficiency In Operations
Market Growth Drivers:
Development in the Provision of Clarity and Consistency by Metadata Management Tools, A Rise in Adoption by Many Enterprises, Adoption of Innovative Techniques and Solutions and Full Data Governance Feature of the Tool
Challenges:
The Time Consumption of Managing the Metadata and Lack of Visibility of End To End Data Content
Restraints:
High Cost of Generating Metadata and The Risk in the Security of the Information
Opportunities:
The Increase in the Ability to Govern an Organization’s Internal Data Assets, The Increase in the Productivity and the Better Management of Data Flow and Increasing Consumer Expectations to Access Any Content from Any Device at Any Time Is Further Accelerating the Demand for Metadata Management Tools
Market Leaders and their expansionary development strategies
In June 2018, Microsoft acquired the largest open-source software platform Git-Hub for USD 7.5 billion. This was one of the giant's largest purchases ever, just behind the USD 28.1 billion acquisitions of LinkedIn and the less applauded USD 8.5 billion deal for Skype. Microsoft's 2019 fiscal year was one of the busiest for acquisitions, led by its USD 7.5 billion GitHub deal.
In December 2023, - Rescale, the leader in high performance computing built for the cloud, announced Rescale Metadata Management, a turnkey solution to capture the digital thread and context of R&D data so teams can collaborate effectively and make product decisions quickly. Rescale Metadata Management supports simulation data management strategies by providing a user-centric approach to data capture and data governance, while integrating with an organizations' PLM or SPDM systems.
Key Target Audience
Providers of Metadata Management Tools, End-Users, Potential Investors, Market Research Firms, Regulatory Bodies 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.