According to the research report, the global Metadata Management Tools Market size & share was valued at USD 6.26 Billion in 2020 and is expected to reach USD 25.18 Billion By 2029, to grow at a CAGR of 18.4% during the forecast period.
Metadata is data about the data. Metadata management involves managing metadata about data. Many businesses use metadata management tools to create, manage, store, and publish metadata. The purpose of metadata management is to help users or programs to discover a specific data asset. The process involves designing a metadata repository, populating it, and making it readily available in the warehouse. The exclusive study projected the future growth of the global metadata management tools market.
Metadata Management tools are significantly adopted by many enterprises to ensure quality, consistency, and accuracy of data or information across various reporting systems. These tools enable organizations to manage data with less effort and greater consistency. This will ultimately help them reuse the data appropriately and reduce dependency on employees’ knowledge. Metadata Management tools also prevent misplacing costly data and reduce the need for resources. This study examines a myriad of factors affecting the global use of metadata management tools.
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Key Highlights of the Report
Global metadata management tools market, 2021-2028 size, share, market trends, and CAGR
Market growth in the upcoming years
Point by point examination of all the portions
Estimation and its contribution to the parent market
Product technology trends and innovation
Thorough information on the product portfolios of the top player
The report studies the potential impact of the Covid-19 pandemic on the metadata management tools industry economy and the performance of the market players
Top Market Players
Data Advantage Group
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Important Questions Being Answered by the Market Report
What are the global metadata management tools market size and growth?
Which is the key segment in the market?
Who is the crucial player in the market?
Which region held the highest share in the market?
What practical, sustainable plan of action is acquired by prominent players functioning in the global metadata management tools market?
What are the new upcoming technologies and use cases disturbing the market?
Metadata Management Tools: Driving Factors
Development in the solutions of clarity and consistency by metadata management tools accelerates the global metadata management tools market’s growth. Rising consumption of the data or content from anywhere and from any device is also boosting the development of the metadata management tools Market. The proper administration of the data will help in the standardization by organizations which increases the market growth. These solutions also provide a full governance feature, thereby contributing to market growth. Moreover, the increased adoption of centralized data administration by businesses and enterprises for structured and unstructured data is one of the driving factors of this market.
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Global Metadata Management Tools Market: Report Scope
Market Size 2020 Value
USD 6.26 Billion
Market Outlook for 2029
USD 25.18 Billion
Expected CAGR Growth
18.4% from 2021 – 2029
2021 – 2029
By Deployment Type, By Application, By Business Function, By End-Use, By Region
ASG Technologies, Adaptive, Collibra, Cambridge Semantics, Centricminds, Data Advantage Group, Microsoft, IBM, Informatica, Oracle, SAP SE, Global IDS, Topquadrant, Atlan, Erwin, Syniti, Infogix, Solidatus, Alation, and Alex Solutions.
North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Customized purchase options are available to meet your research needs.
Metadata Management Tools Market: Market Segmentation
Insights by component, deployment type, application, business function, end-use, and region.
On the basis of the deployment type segment, the cloud metadata management tools segment is anticipated to witness the most significant revenue share of the global market in 2021. The factors contributing to this growth include the increased adoption of cloud-based metadata administration tools among enterprises due to their benefits, such as simple deployments, reduced operational costs, and greater scalability. On the basis of end-use, the BFSI segment is likely to dominate the market with a significant revenue size in the global market for metadata administration tools. The key contributors to this enhancement can include the large implementation of metadata tools in banking processes and the growth of digital transformation strategies among businesses to meet the need for data quality. However, the retail and e-commerce segment in the end-use segment is forecasted to register a significant growth rate in the overall market.
On the basis of Geography, the global metadata management tools market is studied across five major regions, including North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is expected to witness the largest market share during the study period of 2021-2028, owing to data management and data governance solutions used by most organizations and verticals in the region. On the other hand, Asia Pacific is anticipated to experience a significant market growth rate over the forecast period. The increasing growth of the retail and banking sector is accelerating the development of the metadata management tools market in the region.
Browse the full “Metadata Management Tools Market Share, Size, Trends, Industry Analysis Report, By Deployment Type (Cloud, On-Premises); By Business Function (Human Resource, Marketing & Sales, Finance, Operations, and Legal); By Application; By End-Use; By Region; Segment Forecast, 2021 – 2029” Report at https://www.polarismarketresearch.com/industry-analysis/metadata-management-tools-market
The market is primarily segmented on the basis of component, deployment type, application, business function, end-use, and region.
Metadata Management Tools: By Deployment Type Outlook
Governance and Compliance Management
Product and Process Management
Metadata Management Tools: By Application Outlook
Governance and Compliance Management
Product and Process Management
Metadata Management Tools: By Business Function Outlook
Marketing & Sales
Metadata Management Tools: By End-Use Outlook
IT & Telecommunication
Retail & E-commerce
Healthcare & Life Science
Media & Entertainment
Energy & Utilities
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