Data Discovery Market Growth, Trend, Opportunities, Challenges, Drivers and Restraint Research Report by 2030


Market Size – USD 8.17 Billion in 2021, Market Growth – at a CAGR of 15.6%, Market Trends – High concentration of enterprises, early adoption of cutting-edge technologies, and large investments in cloud-based solutions in North America

The global data discovery market size is expected to reach USD 30.35 Billion in 2030 and register a steady revenue CAGR of 15.6% over the forecast period, according to latest analysis by Emergen Research. Steady data discovery market revenue growth can be attributed to need to discover sensitive structured and unstructured data. Knowing customers data has much commercial importance as consumers are critical to modern digital businesses. Companies invest a lot of time trying to understand their consumers, first through Master Data Management (MDM) technology and to more recently using sophisticated big data analytics. However, as businesses increase the number of digital touch points beyond the desktop web and include smart devices, wearables, AI assistants, and IoT, previous approaches for centralizing data and combining knowledge become less viable. Currently, data ‘seeps’ through structured, semi-structured, and unstructured data repositories with ease. It also spreads across data centers and cloud, big data, data lakes, and numerous other internal and external applications. There is customer data everywhere, encoded in a variety of methods and languages. Hence, data discovery is necessary to find such data.

The Global Data Discovery Market report by Reports and Data is an all-encompassing study of the global Data Discovery market. The report serves as a prototype of the highly functional Data Discovery industry. Our market researchers’ panel has performed quantitative and qualitative assessments of the global Data Discovery market dynamics in a bid to forecast the global market growth over the forecast period.

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Competitive Outlook: The leading companies operating in the Data Discovery market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.

Top Companies Operating in the Data Discovery Market and Profiled in the Report are:

IBM, Microsoft, Oracle, Salesforce, Inc., SAS Institute, Inc., Google, Amazon Web Services, Inc., MicroStrategy, Micro Focus, Thales

Objectives of the Report:

Study of the global Data Discovery market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)

Industrial structure analysis of the Data Discovery market by identification of various sub-segments

Extensive analysis of key market players along with their SWOT analysis

Competitive landscape benchmarking

Analysis of Data Discovery market based on growth trends, futuristic outlook, and contribution to the total growth of the market

Analysis of drivers, constraints, opportunities, challenges, and risks in the global Data Discovery market

Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances

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Segments Covered in this report are:

  • Component Outlook (Revenue, USD Million; 2019–2030)

    • Solutions
    • Services
      1. Professional Services
      2. Managed Services
  • Deployment Mode Outlook (Revenue, USD Million; 2019–2030)

    • On-Premises
    • Cloud
      1. Public Cloud
      2. Private Cloud
      3. Hybrid Cloud
  • Vertical Outlook (Revenue, USD Million; 2019–2030)

    • Banking, Financial Services, Insurance
    • Government
    • Healthcare Life Sciences
    • Retail
    • Manufacturing
    • Media Entertainment
    • Telecommunications Information Technology
    • Transportation Logistics
    • Other Verticals

Regional Segmentation:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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About Emergen Research

 

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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