Dublin, Nov. 30, 2023 (GLOBE NEWSWIRE) -- The "Enterprise Metadata Management (EMM) - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
Global Enterprise Metadata Management (EMM) Market to Reach $12.5 Billion by 2030
The global market for Enterprise Metadata Management (EMM) estimated at US$3.7 Billion in the year 2022, is projected to reach a revised size of US$12.5 Billion by 2030, growing at a CAGR of 16.2% over the analysis period 2022-2030. Tools, one of the segments analyzed in the report, is projected to record 14% CAGR and reach US$6.2 Billion by the end of the analysis period. Growth in the Services segment is estimated at 18.8% CAGR for the next 8-year period.
Enterprise Metadata Management (EMM) is a crucial component of contemporary data management, and its market displays notable trends and insights. Cloud deployment models are gaining rapid traction within the EMM sector, driven by the growing adoption of cloud-based solutions. Metadata management tools hold a prominent position in the market, playing a pivotal role in EMM adoption.
The Banking, Financial Services, and Insurance (BFSI) industry stands out as a dominant force in the EMM market, owing to its data-intensive nature and the necessity for data precision and compliance.
The COVID-19 pandemic has underscored the importance of robust data management, including metadata, during crisis situations. The EMM market is competitive, featuring various players contributing to its growth and evolution, including strong, active, niche, and trivial participants. Overall, EMM remains a crucial aspect of modern data management, continually evolving to meet the expanding needs of organizations
The U.S. Market is Estimated at $1.3 Billion, While China is Forecast to Grow at 21.1% CAGR
While developed regions such as North America and Europe command substantial market shares, the Asia-Pacific region exhibits significant growth potential, thanks to the increasing focus on digital transformation initiatives.
The Enterprise Metadata Management (EMM) market in the U.S. is estimated at US$1.3 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.7 Billion by the year 2030 trailing a CAGR of 21.1% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 13.7% and 15.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 14% CAGR.
What`s New?
- Special discussions on the global economic climate and market sentiment
- Coverage on global competitiveness and key competitor percentage market shares
- Market presence analysis across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and trademarked research platform
- Complimentary updates for one year
- Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 521 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $3.7 Billion |
| Forecasted Market Value (USD) by 2030 | $12.5 Billion |
| Compound Annual Growth Rate | 16.4% |
| Regions Covered | Global |
MARKET TRENDS & DRIVERS
- Metadata Management Becomes Vital for Data-Driven Businesses
- Rapid Growth of Enterprise Data Volumes Presents Broad-based Opportunities for Metadata Management Market
- Rising Tide of Digitalization and Explosive Growth of Digital Data Create the Need for Enterprise Metadata Management
- Widespread Use of Enterprise Software and Business Apps Leads to Creation of Massive Volumes of Enterprise Data
- Average Number of Apps per Employee by Company Size
- Average Number of Apps per Company by Company Size
- Expanding Volumes of Industrial Big Data Fuels Demand for Metadata Management
- Rise of Digital Transformation as the New Age Enterprise Strategy Creates Fertile Environment for Market Expansion
- Market Benefits from the Expansion of Data Warehousing, Data Pooling and Data Mining Operations in Enterprises
- Regulations, Risk and Compliance Management: Important Drivers of Growth in Enterprise Data Management Market
- Rising Significance of Metadata Management in GDPR Compliance
- New Technologies Increase Importance of Metadata Management for Enterprises
- Growing Significance of AI and Machine Learning for Improving Data Quality and Management of Enterprise Metadata
- Machine Learning Assists Metadata Management
- AI for Easier Creation of Metadata
- Enterprise AI & ML Necessitate Effective Data Management
- Metadata Management Solutions for Enhanced Data Access
- Metadata Crucial for Success of Big Data Analytics
- Metadata Forms the Core of Data Catalog
- Rising Significance of Data Governance and Data Standardization among Enterprises Spurs Market Growth
- Metadata Management Automation Helps Transform Data Governance
- Need to Cut Down Risk of Enterprise Data Assets Drives Need for Enterprise Metadata Management
- Organizations Exploit Active Metadata to Improve Data-Driven Business Functions
- Enterprises Leverage Sophisticated Tools to Modernize Metadata Management
- Better Automation to Develop and Maintain Metadata
- Metadata for New Semantics and Practices
- Centralization of Metadata
- Managing Metadata on New Platforms
- Metadata Management Tools Market: Poised for Stable Growth
FOCUS ON SELECT PLAYERS(Total 61 Featured)
- IBM Corporation
- Microsoft Corporation
- SAP SE
- Amazon Web Services, Inc.
- Informatica LLC
- Information Builders
- Qlik Technologies, Inc.
- Cloudera, Inc.
- MuleSoft, Inc.
- Alteryx, Inc.
- Objectivity, Inc.
- IDERA, Inc.
- Cambridge Semantics
- Infogix, Inc.
- Semantic Web Company
For more information about this report visit https://www.researchandmarkets.com/r/ptnqe4
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