Enterprise Metadata Management Market Scope

Global Enterprise Metadata Management Market Size, Forecast, and Trend Highlights Over 2022 – 2031

The global enterprise metadata management market is estimated to garner a revenue of approximately USD 18 billion by the end of 2031 by growing at a CAGR of ~15% over the forecast period, i.e., 2022 – 2031. Further, the market generated a revenue of around USD 6 billion in the year 2021. The market is estimated to grow on the back of the rapid digitalization of business organizations across the globe. For instance, it is anticipated that over USD 2.9 trillion will be spent on digital transformation across the globe by 2025.

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The global enterprise metadata management market is also expected to witness growth on the back of the increasing demand for higher productivity rates across various enterprises and increased persistence in ensuring regulatory compliance and preventing errors. Moreover, the growing number of young enterprises and businesses across the globe is anticipated to boost market growth. According to the data from the Organization for Economic Co-operation and Development, as of 2020, on average newly emerging young enterprises account for roughly 20% of employment and close to 50% of new jobs across all OECD countries.

Global Enterprise Metadata Management Market: Growth Drivers and Challenges

Growth Drivers

• Increasing Internet Penetration across the Globe 

The penetration of the internet among the individual population across the world has been increasing throughout the years. This is resulting into increasing usage of cloud-based services amongst various enterprises, which is anticipated to increase the use of enterprise metadata management systems and therefore, propel the growth of the global enterprise metadata management market. The World Bank reports that 60% of the world's population used the internet in 2020, and this number is expected to rise notably over the projection period.

• Increased Usage of Cloud-Based Services

Global cloud-based service revenues were noticed to be at USD 350 billion in 2021.

• Rising Cases of Data Breaches

Around 3,800 data breach incidents were reported only in the first half of 2019; these incidents compromised more than 4 billion data records globally. For enterprises, EMM offers improved and secured visibility and control required for managing changes associated with the complexity of enterprise data environment.

• Constant Development across the World resulting in Growth of Enterprises

According to the data by the World Bank, in 2021, global GDP was USD 96.1 trillion and it is anticipated to increase more over the forecast period. With the surge in economic development across the globe, there has been rapid growth in the number of enterprises emerging each year. A rising number of business organizations is estimated to boost market growth.

• Growing Demand for Maintaining Compliance across Enterprises 

It was noticed that, as of 2020, the average compliance cost for organizations across all industries worldwide is approximately USD 5.5 million.

Challenges

• High Cost of Implementing Metadata Management Solutions

• Difficult Implementation Process of Enterprise Metadata Management

• Lack of Adequate Infrastructure and Setup Features

The global enterprise metadata management market is segmented and analyzed for demand and supply by deployment into on-cloud and on-premise. Out of these segments, the on-cloud segment is estimated to garner the largest market share over the forecast period, on the back of increased usage of cloud-based services in enterprises across the world, and increasing penetration of the internet among the global population. It was noticed that approximately 95% of all workloads were processed by cloud data centers in 2021.

Global Enterprise Metadata Management Market Regional Synopsis

Regionally, the global enterprise metadata management market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa region. Amongst these markets, the market in the North America region is projected to hold the largest market share by the end of 2031. This can be accredited to the adoption of advanced security solutions, the presence of most vendors and organizations with a large operation base and customers over the region, and is a developed economy and early adopter of technology. Further, increasing cases of cyber-crime is estimated to be another prime factor to fuel the growth of the enterprise metadata management market in the North America region. According to the FBI’s Internet Crime Report 2021, a record 847,376 complaints of cyber-crime were reported to the FBI by the public.  

Source: Kenneth Research

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Market Segmentation

Our in-depth analysis of the global enterprise metadata management market includes the following segments:

Key Companies Dominating the Global Enterprise Metadata Management Market

Our report has covered detailed company profiling comprising company overview, business strategies, key product offerings, financial performance, key performance indicators, risk analysis, recent developments, regional presence, and SWOT analysis among other notable indicators for competitive positioning. Some of the prominent industry leaders in the global enterprise metadata management market that are included in our report are Alation, Inc., Amazon Web Services, Inc., ASG Technologies Group, Inc., Cambridge Semantics Inc., Adaptive Inc., Collibra NV, Data Advantage Group, Inc., Quest Software Inc., IDERA, Inc, Smartlogic Semaphore Ltd, and others.

Global Enterprise Metadata Management Market: Latest Developments

• April, 2022: Adaptive, Inc. to merge with Total Communicator Solutions Inc. (TCS), also known as Spark Compass. The businesses will provide their combined solutions to the worldwide Fin-tech, Energy, Retail, Government, and Advanced Banking Technologies markets.

• February, 2022: Smartlogic Semaphore Ltd – Smartlogic Semaphore Ltd announced the release of Semaphore 5.4.0. It provides enhancements and improvements to numerous Semaphore modules.

Key Reasons to Buy Our Report

• The report covers a detailed analysis comprising market share attained by each market segment and its sub-segments.

• It covers market dynamics including growth drivers, trends, potential opportunities, price trend analysis and challenges that impact market growth.

• The report includes detailed company profiles of the major players dominating the market.

• We use effective research methodologies to calculate the market numbers and provide value-added assessments for overall growth.

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Geography Analysis:

The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

• North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
• Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
• Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys  & Opportunity Outlook
• Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
• Middle East and Africa  (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook

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