What Fueled The Previous Growth In The Enterprise Metadata Management Market?
The enterprise metadata management market has seen considerable growth due to a variety of factors.
• Over the last few years, the size of the enterprise metadata management market has witnessed significant expansion. It is projected to increase from $8.81 billion in 2024 to $10.71 billion in 2025, reflecting a compound annual growth rate (CAGR) of 21.5%.
The growth during the historic period is a result of requirements for regulatory compliance, issues in data integration, initiatives toward digital transformation, master data management (MDM) schemes, and data governance plans.
What Is The Expected Growth In The Enterprise Metadata Management Market Size Evolve over the Forecast Period?
The enterprise metadata management market is expected to maintain its strong growth trajectory in upcoming years.
• Expectations are high for the enterprise metadata management market size, with anticipated exponential surge in the coming years. The projections suggest a growth reaching $23.12 billion by 2029, expanding at a compound annual growth rate (CAGR) of 21.2%.
This growth during the forecast period is largely due to advances in real-time metadata processing, superior data privacy and security measures, data fabric solutions, augmented data catalogs, and the influence of quantum computing. The forecast period is also highlighted by several growing trends such as the integration of hyper-automation technologies, data mesh adoption, semantic metadata integration, privacy-focused metadata management, and dataOps and metadata.
What Main Forces Are Fueling Expansion In The Enterprise Metadata Management Market?
The swift escalation in data within a business setting is predicted to spur the expansion of the enterprise metadata management market. This surge in data is due to the cumulative increase in digital data that is produced, preserved, and processed over time. The rise is a result of larger internet usage, initiatives promoting digital transformation, and widespread digitization. Enterprise metadata management provides supervision and control to effectively deal with shifts that are repeatedly seen in complex enterprise data environments. For example, data from the Soda Foundation, a non-profit organization based in the U.S, in December 2022, stated that the maximum data storage for an average end-user organization touched 25 TB. It noted a dramatic increase in annual data growth, which jumped from 700 TB in 2021 to 2,208 TB in 2022. Consequently, the abrupt rise in data within an organization is indeed propelling the growth of the enterprise metadata management market.
What Are The Primary Segments In The Global Enterprise Metadata Management Market?
The enterprise metadata management market covered in this report is segmented –
1) By Component: Tools, Services
2) By Deployment Type: On-Premise, Cloud
3) By Metadata Type: Business Metadata, Technical Metadata, Operational Metadata
4)By Application: Governance and compliance management, Risk management, Product and process management, Incident management, Other Applications
5) By End-Use: Banking, Financial Services, and Insurance, Telecommunication And IT, Retail And e-commerce, Healthcare And Lifesciences, Manufacturing, Government And Defense, Energy And Utilities, Media And Entertainment, Other End -Users
Subsegments:
1) By Tools: Metadata Discovery Tools, Metadata Repository Management Tools, Metadata Integration Tools, Metadata Governance Tools, Data Lineage Tools, Data Quality Management Tools, Data Mapping And Transformation Tools, Business Glossary Tools, Data Classification Tools, Metadata Security Tools
2) By Services: Consulting Services, Implementation And Integration Services, Customization And Configuration Services, Training And Support Services, Managed Services, Metadata Governance Services, Data Governance And Compliance Advisory, System Upgrades And Maintenance Services, Cloud Migration And Data Management Services, Metadata Auditing And Compliance Services
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How Are New Trends Impacting The Size Of The Enterprise Metadata Management Market?
The focus of prominent corporations in the enterprise metadata management market is now shifting towards the evolution of blockchain technology, exemplified by UNIIEQ, to enhance the structure, movement, and quality of equipment metadata. UNIIEQ operates as a transparent, decentralized master data management platform exploiting blockchain technology. This offers businesses an uncomplicated methodology for refining the structuring, distribution, and caliber of equipment metadata. For example, ENP Technologies, an American IT service firm, unveiled UNIIEQ in September 2023. This platform, bolstered by blockchain technology, is transparent and decentralized and is designed to simplify the structuring and flow of equipment metadata. The Pilot Program of UNIIEQ is geared towards manufacturers and suppliers to elevate their operational capabilities.
Who Are the Key Players In The Enterprise Metadata Management Market?
Major companies operating in the enterprise metadata management market are:
• International Business Machines Corporation
• Oracle Corporation
• SAP SE
• Informatica LLC
• Varonis Systems Inc.
• ASG Technologies Group Inc.
• MuleSoft LLC
• Talend SA
• Idera Inc.
• Collibra NV
• Alation Technologies Inc.
• Erwin Inc.
• Global IDs Incorporation
• Smartlogic Semaphore Inc.
• Alex Solutions Pty Ltd.
• TopQuadrant Inc.
• CentricMinds Pty Ltd.
• Data Advantage Group LLC
• Trillium Software Inc.
• Information Builders Inc.
• Datum LLC
• Adaptive Insights LLC
• Amazon Web Services Inc.
• Infogix Inc.
• Orchestra Networks SA
What Is The Most Dominant Region In The Enterprise Metadata Management Market?
North America was the largest region in the enterprise metadata management market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the enterprise metadata management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
