Global Data Catalog Market Growth Analysis - Forecast Trends and Outlook (2024-2032)

Global Data Catalog Market Size

The global data catalog market size reached approximately USD 1.22 billion in 2023. The market is projected to grow at a CAGR of 24.1% between 2024 and 2032, reaching a value of around USD 8.49 billion by 2032.

Key Trends in the Market

A data catalog is a type of software application that maintains the inventory of an organisation’s data. It is used by analysts and other data users to carry out various activities such as tracing, sharing, implementing governance policies, and extracting relevant information from the data. The application is also used to store and manage metadata, including information about the data such as its source, format, structure, ownership, and usage.

• The data catalog market growth is being propelled by the increasing adoption of data catalog services by the various sectors, such as banking, financial services, insurance (BFSI), healthcare, retail, and e-commerce, to produce insightful data that helps them formulate business plans. Organisations are increasingly realising that their data holds immense untapped potential. Data catalogs can play a pivotal role in the process of providing a structured and organised framework for businesses to identify and categorise their datasets based on relevance, quality, and potential value.

• The integration of machine learning and artificial intelligence (AI) capabilities within modern data catalog tools is one of the key global data catalog market trends. These advanced technologies empower data catalog platforms with the ability to autonomously perform critical tasks, such as classifying, tagging, and analysing data assets. This automation not only saves time and effort for data professionals but also ensures a higher level of consistency and accuracy in data organisation.

• The adoption of cloud technologies is expected to propel the global data catalog market demand in the coming years. Organisations are shifting their data infrastructure to the cloud for scalability, flexibility, and cost-efficiency. Data catalogs that are cloud-native or compatible with hybrid environments are in high demand, allowing seamless integration with cloud-based services and on-premises systems.

Market Analysis

Based on components, the market can be segmented into solutions and services. The global data catalog market segmentation, based on deployment mode, includes cloud and on-premises. Based on data consumer, the market is categorised into business intelligence tools, enterprise applications, and mobile and web applications. The market, based on metadata type, is divided into business metadata, technical metadata, and operational metadata.

The market segmentation, based on the end-use includes BFSI, retail and e-commerce, IT and telecom, healthcare, and manufacturing, among others. The major regional markets for data catalogs are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

The comprehensive EMR report provides an in-depth assessment of the market based on Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global data catalog market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments, and expansion plans.

• IBM Corporation 

• Microsoft Corporation 

• Oracle Corporation 

• Alation Inc. 

• Hitachi Vantara LLC 

• Informatica Inc 

• Collibra NV 

• Cloudera, Inc. 

• Apache Software Foundation 

• Talend, Inc.

• Others

Market Share by Component

According to the global data catalog market analysis, it is anticipated that the services segment is likely to experience substantial growth in the coming years. Through the implementation of metadata management services, businesses enhance the accuracy of their data and facilitate improved monitoring and tracking. The majority of data catalog services provide a comprehensive lineage of data across various platforms, pipelines, datasets, graphs, and dashboard services, along with proficiency in summarising statistics and tagging, as well as adept documentation skills.

Market Share by Region

The Asia Pacific is poised to exhibit a high growth rate in the coming years to cover a substantial portion of the global data catalog market share. The region experiences a significant surge in dataset generation owing to widespread digitalisation. Consequently, the rapidly developing commercial/retail sector creates a surge in demand for data catalog services. Moreover, the region is witnessing rapid growth in mobile and web application development, driven by the increasing reliance of individuals on applications for their daily tasks, which is likely to further bolster the market expansion in the forecast period.

Competitive Landscape of Data Catalog Industry

Oracle Corporation is an American-based IT service and consulting company actively working with cloud technologies. The company has developed its own set of cloud applications to aid businesses in managing workloads between different systems. The company has also developed and launched an autonomous database that is capable of utilising machine learning to automate database tuning, security, backups, updates, and other routine management tasks.

Apache Software Foundation is a non-profit software development organisation supporting numerous open-source software projects. The organisation was founded in 1999 and is dedicated to promoting and supporting open-source software and collaborative development practices. ASF hosts a diverse portfolio of over 350 projects, spanning various categories including web servers, databases, big data frameworks, development tools, and more.

Talend, Inc. is a software company specialising in data integration and data management solutions. The company was established in the year 2005 and has become a reputed company for its expertise in data integration, data quality, and data governance. The company provides a comprehensive suite of products and services designed to help organisations manage their data effectively.

Other global data catalog market players include IBM Corporation, Microsoft Corporation, Alation Inc., Hitachi Vantara LLC, Informatica Inc., Collibra NV, and Cloudera, Inc., among others.

Key Highlights of the Report

Data Catalog Market Report Snapshots

Data Catalog Market Size

Data Catalog Market Analysis

Data Catalog Market Share

Data Catalog Companies