Global Data Catalog Market By Component (Solutions and Services), By Metadata Management Tools (Business Metadata, Technical Metadata, and Operational Metadata), By Deployment Mode, By Data Consumer, By Vertical, By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends, and Forecast 2023-2032

Report Overview

In 2022, the global data catalog market accounted for USD 718.1 million. This market is estimated to reach USD 5,235.2 million at a CAGR of 22.6% between 2023 and 2032.

A data catalog is a centralized platform that enables users to discover, understand, and access data across an enterprise. It provides a comprehensive inventory of data assets & metadata, which includes data lineage, data quality, and data usage. The data catalog market refers to the industry that provides solutions for organizing & managing an organization’s data assets. The market includes a variety of vendors that are offering data catalog solutions, ranging from traditional software vendors to newer startups.

Note: Actual Numbers Might Vary In The Final Report

The market is expected to grow because of the rising volume & difficulty of data, the need for effective data management & governance, and the arrival of new technologies. Additionally, the market is expected to face challenges like a lack of awareness among businesses, the high cost of implementing solutions, and the difficulty of data ecosystems. Despite these challenges, the data catalog market is expected to register significant growth in the future, and vendors who can provide innovative solutions to meet the evolving needs of customers will be well predicted to succeed.

Key Takeaways

• Market Growth: In 2022, the data catalog market was valued at USD 718.1 million and is projected to reach USD 5,235.2 million by 2032 at a compound annual growth rate of 22.6% from 2023-2032.
• Component Analysis: Solutions Segment account for an impressive 80.2% share in the global data catalog market with an anticipated compound annual growth rate of 22.3% over time.
• Metadata Management Tools Analysis: Technical metadata holds the largest revenue share of 54.6% in 2022, with a projected CAGR of 22.4% during the forecast period.
• Deployment Mode Analysis: The on-premise segment dominates the global data catalog market, holding a share of 56.2%, with a projected CAGR of 25.3%.
• Data Consumer Analysis: Enterprise applications hold the largest revenue share of 44.4% in the data catalog market, with a projected CAGR of 22.7%.
• Vertical Analysis: The IT and telecom industries currently hold the largest share in the global data catalog market with 35.7 % and an annual compound growth rate of 22.3%.
• Driving Factors: Factors such as increasing data volumes and complexity, the demand for effective data governance practices and governance, and new technological advancements are driving growth of the data catalog market.
• Challenges: The data catalog market faces numerous difficulties, such as an absence of awareness among businesses, high costs for implementing solutions and complex data ecosystems.
• Regional Analysis: North America currently leads the market, with Asia-Pacific projected as the fastest-growing region, particularly due to increasing mobile and web applications.
• Major Market Players: Key players in the data catalog market include Microsoft Corporation, Apache Software Foundation, Hitachi Vantara Corporation, IBM Corporation, Informatica Inc., Alation Inc., Oracle Corporation, Precisely Inc., Talend Inc., and Zaloni Inc.

Driving Factors

The increasing Volume and Complexity of Data and the Need for Effective Data Management and Governance are Expected to Drive the Market Growth

The data catalog market is being driven by various factors which include the increasing volume & complexity of data, the need for effective data management & governance, and the emergence of new technologies. With the aggressive growth of data, some businesses are struggling to keep up with the demands of managing & organizing their data assets.

Data catalog solutions provide a centralized platform to discover, organize, and understand data assets, that helps organizations to leverage the power of data and make informed decisions. Additionally, data catalog solutions provide enhanced data governance and compliance features, which are becoming increasingly important due to regulations such as GDPR & CCPA.

The appearance of new technologies like cloud computing, big data analytics, and artificial intelligence is also driving the demand for data catalog solutions as these technologies require effective data management to be successful. Overall, these drivers are expected to continue to fuel the growth of the data catalog market in the coming years.

Restraining Factors

High Cost, Lack of Awareness, and Complexity of Data Ecosystems.

Despite the growth opportunities, there are several restraints for the data catalog market. One major challenge is the lack of awareness about the benefits of data catalog solutions among businesses. Many organizations are still dependent on manual processes for managing their data assets, which can be time-consuming & error-prone. Additionally, the high cost of implementing data catalog solutions may be a restraint for some organizations, especially for small & medium-sized enterprises.

Another challenge is the complexity of data ecosystems, that can make it difficult to integrate data catalog solutions with existing systems. Finally, the data catalog market is highly competitive, with numerous vendors offering similar solutions, that may result in price wars and margin pressures. Despite these challenges, the data catalog market is expected to continue to grow, as businesses increasingly recognize the importance of effective data management and governance for their success.

By Component Analysis

The Solutions Segment Holds the Significant Share of the Solution Segment in the Data Catalog Market.

Based on components, the data catalog market is attributed to solutions and services. Among these types, the solutions segment is dominant in the global data catalog market, with a market share of 80.2% & CAGR of 22.3%. Owing to a data catalog solution provides a collaborative workspace for data users to explore the data environment of an enterprise. A data catalog solution allows users to discover, understand and trust the data assets of an organization. Data assets include tables, BI dashboards and views, columns, ETL logging, categories, SQL queries, and notebooks.

Services Segment are Expected to Fastest Grow in Data Catalog Market in Forecasted Period.

Services experiencing rapid growth in recent years with a CAGR of 23.5% because metadata management services improve the quality of data and enable better visibility. Data catalog services provide a history of data, including graphs, dashboards, summary statistics, and tagging.

By Metadata Management Tools Analysis

The Technical Metadata Segment Accounted for the Largest Revenue Share in 2022.

Based on metadata management tools, the market is divided into technical metadata, business metadata, and operational metadata. Among these types, the technical metadata segment is expected to be dominant in the global data catalog market, with a market share of 54.6% & projected CAGR of 22.4% during the forecast period due to the widespread use of data management & governance.

Technical metadata are properties that are essential for the presentation & understanding of data. These physical properties help to load information from primary sources. Technical metadata is used to organize the data sources and their attributes, like location, credentials, and mapping. It also includes structural data like foreign key attributes.

The Business Metadata Segment is Expected to be the Fastest Growing Segment.

The business metadata segment is expected to be the fastest-growing metadata management tools segment in the forecasted period, with a CAGR of 23.8%. Owing business metadata is focused on providing context to data within the enterprise. Business metadata can also map the relationships between data items, like databases, datasets & columns. Enterprise-level software can catalog all types of information. For example, Business Semantics Management is a set of tools & processes that help an enterprise manage its business metadata.

By Deployment Mode Analysis

The On-Premise Segment Holds the Significant Share of the Deployment Mode Segment in the Data Catalog Market.

Based on deployment mode, the market for data catalog is divided into deep on-premise and cloud. Among these types, the on-premise segment is expected to dominate the global data catalog market, with a market share of 56.2% and a CAGR of 25.3%. Owing to the high cost of it. Organizations must spend money on upgrades and repairs of the system in addition to the initial capital investment needed to purchase servers and other equipment. Moreover, hardware breaks down often and must be replaced. As replacements are required annually, the costs increase.

Cloud Segment is Expected to Fastest Grow in Data Catalog Market in Forecasted Period.

The cloud segment is experiencing rapid growth in recent years with a CAGR of 23.6% because cloud-based data catalogs are outpacing alternatives on-premises due to the many advantages that cloud deployment offers. These advantages include reduced operating expenses, simple deployments, and increased scalability of networked resources. Cloud-based solutions offer a comprehensive set transformation procedure that can help achieve business goals.

Note: Actual Numbers Might Vary In The Final Report

By Data Consumer Analysis

The Enterprise Applications Accounted for the Largest Revenue Share in End-Use Segment in the Market.

Based on data consumers, the market for data catalog is segmented into enterprise applications, business intelligence tools, and mobile and web applications. Among these, the enterprise applications segment is dominant in the market, with a share of 44.4% and a CAGR of 22.7%. Owing to the rising demand from organizations to find a single solution that can help them resolve business issues.

Businesses use enterprise application software that can be customized for specific business needs & deployed on multiple platforms. It integrates multiple applications like customer relationship management, supply chain management, business intelligence & e-commerce systems.

The Business Intelligence Tools Segment is Expected to be Fastest Growing in Projected Period.

The business intelligence tools segment is expected to grow faster in the forecasted period, with a CAGR of 28.3%. Owing to business intelligence, also known as business analytics, is a system that integrates data mining, data visualization & infrastructure with data tools & best practices in order to help organizations make better data-driven decisions.

Business intelligence teams use data catalogs to automate reporting & centralize dashboards in order to conduct efficient analytics. BI is growing as businesses require assistance with different business-related decisions using statistical modeling techniques.

By Vertical Analysis

The IT & Telecom Segment Holds the Significant Share in Vertical Segment in Data Catalog Market.

Based on vertical, the market for data catalog is divided into it & telecom, BFSI, retail & e-commerce, healthcare, manufacturing, and other verticals. Among these types, the IT & telecom segment is expected to be dominant in the global data catalog market, with a market share of 35.7% and a CAGR of 22.3%. Owing to the vast amount of network metadata.

Network metadata is a comprehensive record of network communications. It records all communications in the current network architecture, like switches & routers. Network metadata is scalable as an analyzer that gathers data packets & sorts, processes, and indexes them with graphs, statistics & usage information about network traffic, capacity & performance of applications.

BFSI Segment is Expected to Fastest Grow in Data Catalog Market in Forecasted Period.

The BFSI segment is experiencing rapid growth in recent years, with a CAGR of 28.6%, because the importance of data governance is high in this sector. Data governance identifies the data owners & consumers. The data catalog shows a business’s assets & locations. It helps users to manage their data. Many data users now know where to go when they have a query. Data catalogs have become more important in data governance tools owing to the increasing data volume.

Key Market Segments

Based on Component

• Solutions
• Standalone Solution
• Integrated Solution
• Services
• Professional Service
• Managed Services

Based on Metadata Management Tools

• Technical Metadata
• Business Metadata
• Operational Metadata

Based on Deployment Mode

• On-Premises
• Cloud

Based on Data Consumer

• Enterprise Applications
• ERP
• Supply chain management system
• Business Intelligence Tools
• Data Integration and ETL
• Reporting and Visualization
• Query and Analysis
• Mobile and Web Applications
• Heat Map Analytics
• Web Behavioral Analysis
• Market Automation

Based on Vertical

• IT & Telecom
• BFSI
• Retail & E-commerce
• Healthcare
• Manufacturing
• Other Verticals

Growth Opportunity

The Growing Emphasis on Data Privacy & Security Creates Opportunities in the Market

The data catalog market is expected to experience significant growth and various opportunities in the coming years. With the aggressive increase in data volume & complexity, organizations are looking for effective ways to manage & govern their data assets. Data catalog solutions provide a centralized platform to discover, organize, and understand data assets across an organization. This helps companies to leverage the power of data & make informed decisions.

Moreover, the emergence of cloud computing, big data analytics, and artificial intelligence is further driving the demand for data catalog solutions. The growing emphasis on data privacy & security also presents opportunities for data catalog vendors to provide enhanced data governance and compliance features. Therefore, the data catalog market is expected to grow in the future and vendors who can provide innovative solutions to meet the evolving needs of customers will be well-positioned to succeed.

Latest Trends

Adoption of AI and Machine Learning Technologies is Trending in the Market

The data catalog market has been evolving rapidly in recent years with the proliferation of data sources & the need for effective data management. One recent trend in the data catalog market is the adoption of AI & Machine Learning technologies to improve the accuracy & efficiency of data cataloging. AI-powered data catalogs can automatically discover, classify, and tag data assets, making it easier for users to find and access relevant data.

Another trend is the integration of data governance & security features within data catalogs to ensure compliance with regulations like GDPR & CCPA. Additionally, data catalogs are being developed with more collaborative & social features which enable teams to share knowledge & collaborate on data projects. Finally, the rise of cloud computing and hybrid cloud environments is driving the development of cloud-native data catalogs that can integrate with multiple data sources across various cloud platforms. These trends are shaping the future of the data catalog market and are expected to continue driving innovation & growth in the years to come.

Regional Analysis

North America Accounted for the Largest Revenue Share in Data Catalog Market in 2022.

North America is the dominant region in the global data catalog market. It is expected that North America will have the highest revenue share, 38.7%. North America should also register a CAGR of 23.9% over the forecast period. Owing to North America has seen a rapid expansion of the use of digital technologies & the demand for business intelligence.

The acceptance of self-service analytics, the rapid expansion of traditional organizations, and the gathering of huge volumes of data across all industries have generated a tremendous demand for data catalog systems and services. These factors have driven the growth of the data catalog market in the area.

Asia-Pacific is Expected as Fastest Growing Region in Projected Period in Data Catalog Market.

APAC is expected to be as fastest growing region in the forecast period in the data catalog market, with a CAGR of 22.8%. Data catalogs are anticipated to be in high demand due to pervasive digitalization. It has helped to expand the business in the data catalog area. As more people in APAC use mobile & web applications to perform their daily duties, the development of mobile & web applications is growing rapidly.

Mobile & online applications often require access to large amounts of corporate data. This allows for interoperability with enterprise systems & platforms, which in turn drives market growth. Mobile & online applications use standard protocols, mobile libraries, and infrastructure in order to specify & expose various data sources on mobile & web-based platforms.

Note: Actual Numbers Might Vary In The Final Report

Key Regions and Countries Covered in this Report:

• North America
  • The US
  • Canada
  • Mexico
• Western Europe
  • Germany
  • France
  • The UK
  • Spain
  • Italy
  • Portugal
  • Ireland
  • Austria
  • Switzerland
  • Benelux
  • Nordic
  • Rest of Western Europe
• Eastern Europe
  • Russia
  • Poland
  • The Czech Republic
  • Greece
  • Rest of Eastern Europe
• APAC
  • China
  • Japan
  • South Korea
  • India
  • Australia & New Zealand
  • Indonesia
  • Malaysia
  • Philippines
  • Singapore
  • Thailand
  • Vietnam
  • Rest of APAC
• Latin America
  • Brazil
  • Colombia
  • Chile
  • Argentina
  • Costa Rica
  • Rest of Latin America
• Middle East & Africa
  • Algeria
  • Egypt
  • Israel
  • Kuwait
  • Nigeria
  • Saudi Arabia
  • South Africa
  • Turkey
  • United Arab Emirates
  • Rest of MEA

Key Players Analysis

Product launches and development are the main business strategy of notable companies to increase their market share. This is followed by mergers and purchases, contracts, agreements, and partnerships, as well as spur invention. Companies are buying early data catalog suppliers who have more extensive product lines. Some of the newest data management products have categorization built-in from the start. Ramesh Menon is the Product Management Vice President at Infoworks and says that DataOps cannot be performed without a data catalog.

Market Key Players

• Microsoft Corporation
• Apache Software Foundation
• Hitachi Vantara Corporation
• IBM Corporation
• Informatica Inc.
• Alation Inc.
• Oracle Corporation
• Precisely Inc.
• Talend Inc.
• Zaloni Inc.
• Other Key Players

Recent Developments

• In July 2022, Talend, global leader in data management & integration announced that it is now a certified partner of Cloudera Data Platform on the Public Cloud. This includes CDP data services like Data Hub & Data Engineering.
• In July 2022, Data Catalog is a part of Dataplex & provides complete experience in data management, governance, and data intelligence.
• In August 2021, Cloudera DataFlow is a cloud-native data flow service that allows users to process hybrid streaming workloads with the CDP. Cloudera DataFlow for the Public Cloud is a cloud-native service that allows users to automate complex data flows, boost the operational efficiency of streaming data streams with auto-scaling features, and reduce cloud costs by eliminating infrastructure guesswork.

Report Scope