Data Governance Global Market Report 2022 – By Component (Solutions, Services), By Deployment Model (On-Premise, Cloud), By Organisation Size (Small And Medium-Sized Enterprises (SMEs), Large Enterprises), By Application (Incident Management, Process Management, Compliance Management, Risk Management, Audit Management, Data Quality And Security Management, Other Applications), By Industry Vertical (BFSI, Retail And Consumer Goods, Telecom And IT, Government, Healthcare, Manufacturing, Energy And Utilities, Transportation And Logistics) – Market Size, Trends, And Global Forecast 2022-2026

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The data governance market consists of sales of data governance solutions and services by entities (organizations, sole traders, and partnerships) that refer to the process of managing the availability, usability, integrity, and security of the information in enterprise systems, based on internal data standards and policies that control data usage. Data governance describes the people, processes, and technologies that are required to manage and protect the company's data assets to ensure that corporate data is generally understandable, correct, complete, trustworthy, secure, and discoverable. Data governance ensures that roles associated with data are clearly defined so that responsibility and accountability are being specified across the enterprise.

The main types of components in data governance are solutions and services. Data governance solutions refer to a strategic, ongoing, and collaborative practice that enables organizations to discover and track data, understand what it means within a business context, and maximize its security, quality and value. Data governance solutions and tools help organizations understand, secure, and trust their data. The solutions are deployed through on-premise and cloud mode by small and medium-sized enterprises (SMEs), large enterprises. The various applications include incident management, process management, compliance management, risk management, audit management, data quality and security management, and other applications that are used by BFSI, retail and consumer goods, telecom and it, government, healthcare, manufacturing, energy, and utilities, transportation and logistics, other industry verticals.

The global data governance market size is expected to grow from $2.62 billion in 2021 to $3.28 billion in 2022 at a compound annual growth rate (CAGR) of 24.9%. The global data governance market size is expected to grow to $7.42 billion in 2026 at a CAGR of 22.7%.

Rapidly increasing growth in data volumes is contributing to the growth of the data governance market. The expanding number of data-generating devices, such as smartphones, wearable electronics, and a slew of other gadgets with sensors, the popularity of the Internet of Things, cloud computing, and the impending adoption of 5G are all contributing to the exponential growth of data volume. Data governance improves data quality, lowers data management expenses, and increases data scientists', other analysts', and business users' access to needed data. For instance, according to FinancesOnline, a US-based SaaS platform provider, there were 74 zettabytes of the total data in the world by the end of 2021. In addition, 1.145 trillion MB of data is created every day in 2021. Therefore, the rapidly increasing growth in data volumes is expected to fuel the growth of the data governance market going forward.

Strategic partnerships and collaborations have emerged as the key trends gaining popularity in the data governance market. The development of an effective data governance program will require collaboration and cooperation across several organizations in the enterprise. The foremost among these are security and analytics teams. For instance, in 2021, Axtria, a US-based provider of cloud software and data analytics company partnered with Reltio for an undisclosed amount. This collaboration will be able to harness Axtria's experience to strategically alter its sales and marketing processes through competitive insights and predictive analytics. Reltio is a US-based company that provides a cloud-native multi-tenant, multi-domain MDM platform which delivers real-time data at scale. Moreover, in June 2020, Erwin Inc., a US-based company that provides data modeling, data governance, and business process modeling software partnered with Mikan associates for an undisclosed amount. This partnership helps organizations adopt data governance solutions. Mikan Associates is a US-based company that provides measurable, impactful data, analytics, and AI-based solutions.

In January 2021, Quest Software, a US-based software company acquired Erwin for an undisclosed amount. This acquisition will broaden Quest's presence in the developing data management and DataOps sectors. Erwin is a US-based company that provides data modeling, data governance, and business process modeling software.

Major players in the data governance market are IBM Corporation, Oracle, Collibra, Informatica, Talend, TopQuadrant, Alation, TIBCO Software Inc., Varonis, Data Advantage Group, Ataccama, Global Data Excellence, Global IDs, Microsoft Corporation, Adobe Inc, Datum LLC, Infosys Limited, Microfocus, Denodo Technologies, and Amazon Web Services Inc

North America was the largest region in the data governance market in 2021. Asia Pacific is expected to be the fastest-growing region in the forecast period in the global data governance market size. The regions covered in the global data governance market size report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

The countries covered in the data governance market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA.

The global data governance market is segmented -

1) By Component: Solutions, Services

2) By Deployment Model: On-Premise, Cloud

3) By Organisation Size: Small and Medium-Sized Enterprises (SMEs), Large Enterprises

4) By Application: Incident Management, Process Management, Compliance Management, Risk Management, Audit Management, Data Quality and Security Management, Other Applications

5) By Industry Vertical: BFSI, Retail and Consumer Goods, Telecom and IT, Government, Healthcare, Manufacturing, Energy and Utilities, Transportation and Logistics, Other Industry Verticals

    Table Of Contents

    1. Executive Summary

    2. Data Governance Market Characteristics

    3. Data Governance Market Trends And Strategies

    4. Impact Of COVID-19 On Data Governance

    5. Data Governance Market Size And Growth

    5.1. Global Data Governance Historic Market, 2016-2021, $ Billion

    5.1.1. Drivers Of The Market

    5.1.2. Restraints On The Market

    5.2. Global Data Governance Forecast Market, 2021-2026F, 2031F, $ Billion

    5.2.1. Drivers Of The Market

    5.2.2. Restraints On the Market

    6. Data Governance Market Segmentation

    6.1. Global Data Governance Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    Solutions

    Services

    6.2. Global Data Governance Market, Segmentation By Deployment Model, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    On-Premise

    Cloud

    6.3. Global Data Governance Market, Segmentation By Organisation Size, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    Small And Medium-Sized Enterprises (SMEs)

    Large Enterprises

    6.4. Global Data Governance Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    Incident Management

    Process Management

    Compliance Management

    Risk Management

    Audit Management

    Data Quality And Security Management

    Other Applications

    6.5. Global Data Governance Market, Segmentation By Industry Vertical, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    BFSI

    Retail And Consumer Goods

    Telecom And IT

    Government

    Healthcare

    Manufacturing

    Energy And Utilities

    Transportation And Logistics

    Other Industry Verticals

    7. Data Governance Market Regional And Country Analysis

    7.1. Global Data Governance Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    7.2. Global Data Governance Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    8. Asia-Pacific Data Governance Market

    8.1. Asia-Pacific Data Governance Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Data Governance Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    8.3. Asia-Pacific Data Governance Market, Segmentation By Industry Vertical, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    9. China Data Governance Market

    9.1. China Data Governance Market Overview

    9.2. China Data Governance Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion

    9.3. China Data Governance Market, Segmentation By Industry Vertical, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion

    10. India Data Governance Market

    10.1. India Data Governance Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    10.2. India Data Governance Market, Segmentation By Industry Vertical, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    11. Japan Data Governance Market

    11.1. Japan Data Governance Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    11.2. Japan Data Governance Market, Segmentation By Industry Vertical, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    12. Australia Data Governance Market

    12.1. Australia Data Governance Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    12.2. Australia Data Governance Market, Segmentation By Industry Vertical, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    13. Indonesia Data Governance Market

    13.1. Indonesia Data Governance Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    13.2. Indonesia Data Governance Market, Segmentation By Industry Vertical, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    14. South Korea Data Governance Market

    14.1. South Korea Data Governance Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    14.2. South Korea Data Governance Market, Segmentation By Industry Vertical, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    15. Western Europe Data Governance Market

    15.1. Western Europe Data Governance Market Overview

    15.2. Western Europe Data Governance Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    15.3. Western Europe Data Governance Market, Segmentation By Industry Vertical, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    16. UK Data Governance Market

    16.1. UK Data Governance Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    16.2. UK Data Governance Market, Segmentation By Industry Vertical, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    17. Germany Data Governance Market

    17.1. Germany Data Governance Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    17.2. Germany Data Governance Market, Segmentation By Industry Vertical, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    18. France Data Governance Market

    18.4. France Data Governance Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    18.5. France Data Governance Market, Segmentation By Industry Vertical, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    19. Eastern Europe Data Governance Market

    19.1. Eastern Europe Data Governance Market Overview

    19.2. Eastern Europe Data Governance Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    19.3. Eastern Europe Data Governance Market, Segmentation By Industry Vertical, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    20. Russia Data Governance Market

    20.1. Russia Data Governance Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    20.2. Russia Data Governance Market, Segmentation By Industry Vertical, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    21. North America Data Governance Market

    21.1. North America Data Governance Market Overview

    21.2. North America Data Governance Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    21.3. North America Data Governance Market, Segmentation By Industry Vertical, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    22. USA Data Governance Market

    22.1. USA Data Governance Market Overview

    22.2. USA Data Governance Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    22.3. USA Data Governance Market, Segmentation By Industry Vertical, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    23. South America Data Governance Market

    23.1. South America Data Governance Market Overview

    23.2. South America Data Governance Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    23.3. South America Data Governance Market, Segmentation By Industry Vertical, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    24. Brazil Data Governance Market

    24.1. Brazil Data Governance Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    24.2. Brazil Data Governance Market, Segmentation By Industry Vertical, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    25. Middle East Data Governance Market

    25.1. Middle East Data Governance Market Overview

    25.2. Middle East Data Governance Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    25.3. Middle East Data Governance Market, Segmentation By Industry Vertical, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    26. Africa Data Governance Market

    26.1. Africa Data Governance Market Overview

    26.2. Africa Data Governance Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    26.3. Africa Data Governance Market, Segmentation By Industry Vertical, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    27. Data Governance Market Competitive Landscape And Company Profiles

    27.1. Data Governance Market Competitive Landscape

    27.2. Data Governance Market Company Profiles

    27.2.1. IBM Corporation

    27.2.1.1. Overview

    27.2.1.2. Products and Services

    27.2.1.3. Strategy

    27.2.1.4. Financial Performance

    27.2.2. Oracle

    27.2.2.1. Overview

    27.2.2.2. Products and Services

    27.2.2.3. Strategy

    27.2.2.4. Financial Performance

    27.2.3. Collibra

    27.2.3.1. Overview

    27.2.3.2. Products and Services

    27.2.3.3. Strategy

    27.2.3.4. Financial Performance

    27.2.4. Informatica

    27.2.4.1. Overview

    27.2.4.2. Products and Services

    27.2.4.3. Strategy

    27.2.4.4. Financial Performance

    27.2.5. Talend

    27.2.5.1. Overview

    27.2.5.2. Products and Services

    27.2.5.3. Strategy

    27.2.5.4. Financial Performance

    28. Key Mergers And Acquisitions In The Data Governance Market

    29. Data Governance Market Future Outlook and Potential Analysis

    30. Appendix

    30.1. Abbreviations

    30.2. Currencies

    30.3. Research Inquiries

    30.4. The Business Research Company

    30.5. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2016-2021, $ Billion
  • Table 2: Global Forecast Market Growth, 2021-2026F, 2031F, $ Billion
  • Table 3: Global Data Governance Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 4: Global Data Governance Market, Segmentation By Deployment Model, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 5: Global Data Governance Market, Segmentation By Organisation Size, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 6: Global Data Governance Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 7: Global Data Governance Market, Segmentation By Industry Vertical, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 8: Global Data Governance Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 9: Global Data Governance Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 10: Asia-Pacific, Data Governance Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 11: Asia-Pacific, Data Governance Market, Segmentation By Industry Vertical, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 12: China, Data Governance Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 13: China, Data Governance Market, Segmentation By Industry Vertical, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 14: India, Data Governance Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 15: India, Data Governance Market, Segmentation By Industry Vertical, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 16: Japan, Data Governance Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 17: Japan, Data Governance Market, Segmentation By Industry Vertical, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 18: Australia, Data Governance Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 19: Australia, Data Governance Market, Segmentation By Industry Vertical, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 20: Indonesia, Data Governance Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 21: Indonesia, Data Governance Market, Segmentation By Industry Vertical, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 22: South Korea, Data Governance Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 23: South Korea, Data Governance Market, Segmentation By Industry Vertical, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 24: Western Europe, Data Governance Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 25: Western Europe, Data Governance Market, Segmentation By Industry Vertical, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 26: UK, Data Governance Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 27: UK, Data Governance Market, Segmentation By Industry Vertical, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 28: Germany, Data Governance Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 29: Germany, Data Governance Market, Segmentation By Industry Vertical, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 30: France, Data Governance Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 31: France, Data Governance Market, Segmentation By Industry Vertical, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 32: Eastern Europe, Data Governance Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 33: Eastern Europe, Data Governance Market, Segmentation By Industry Vertical, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 34: Russia, Data Governance Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 35: Russia, Data Governance Market, Segmentation By Industry Vertical, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 36: North America, Data Governance Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 37: North America, Data Governance Market, Segmentation By Industry Vertical, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 38: USA, Data Governance Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 39: USA, Data Governance Market, Segmentation By Industry Vertical, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 40: South America, Data Governance Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 41: South America, Data Governance Market, Segmentation By Industry Vertical, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 42: Brazil, Data Governance Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 43: Brazil, Data Governance Market, Segmentation By Industry Vertical, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 44: Middle East, Data Governance Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 45: Middle East, Data Governance Market, Segmentation By Industry Vertical, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 46: Africa, Data Governance Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 47: Africa, Data Governance Market, Segmentation By Industry Vertical, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 48: IBM Corporation Financial Performance
  • Table 49: Oracle Financial Performance
  • Table 50: Collibra Financial Performance
  • Table 51: Informatica Financial Performance
  • Table 52: Talend Financial Performance

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