The
world is facing an unpredicted change and many of the industries are
experiencing thought aggravating situation due to the COVID-19 pandemic. The
COVID-19 outbreak has positively impacted the global enterprise data management
market. Enterprise data management is crucial for large scale business sectors
to secure their data assets. It also enables easy business planning and it
enhances compliance with improving the record keeping activity. EDM systems are
gaining more importance in the large scale manufacturing and industrial
sectors. During this coronavirus crisis situation, we are helping our clients
in understanding the impact of COVID-19 on the global enterprise data
management market.
Our
report includes:
- Technological
Impact
- Social Impact
- Investment
Opportunity Analysis
- Pre- &
Post-COVID Market Scenario
- Infrastructure
Analysis
- Supply Side &
Demand Side Impact
According to a new report published
by Research Dive, the global enterprise data management market registered a
revenue of $62.3 billion in 2018 and is predicted to register a revenue of $136.4
billion by 2026, at a CAGR of 10.5% in the forecast time from 2019 to 2026.
Check out How
COVID-19 impact on the Enterprise Data
Management Market. Click here to Connect
with Analyst @ https://www.researchdive.com/connect-to-analyst/269
The global enterprise data management market is segmented on the basis of component, development type,
industry vertical, and region. The report provides detailed information about
drivers, opportunities, restraints, segmental analysis and competitive players
of the market. As per our analysts, increasing preference of EDM in
manufacturing and industrial sector is fueling the market growth in the
forecast period. However, small business segment face the problem of cost that
depends upon the number of users, degree of customization, and application
modules.
Services Component Segment has Dominant Market Share
Based
on type of component, the global enterprise data management market is
fragmented into software and services segment. Among these, services component
dominated the market in the year 2018 and is expected to register a revenue of
$59.9 billion in 2026 at CAGR of 11.7%. Upsurge in the utilization of EDM in
various service services sub-segments such as consulting services, operation
& maintenance services, and training & support services is responsible
for the dominance.
Download Sample Report and Check out
How cloud-based development type will witness increased rise at a faster rate
of 12.6% CAGR and is predicted to register for $57.6 billion till the end of
2026 @ https://www.researchdive.com/download-sample/269
Cloud based Development Type Will Grow at a Significant Rate throughout
the Forecast Years
On the
basis of development type, the global enterprise data management market is
classified into on-premise and cloud development. The market for cloud-based
development type will witness increased rise at a faster rate of 12.6% CAGR and
is predicted to register for $57.6 billion till the end of 2026. Cloud based
development type offers efficiency to business and it is a cost effective type
of data management system when contrasted with on-premise development
type.
Banking, Financial Services & Insurance Industrial Vertical will
Reach Newer Heights throughout the Forecast Years
On the
basis of industrial vertical, the global enterprise data management market is
classified into healthcare & life-science, banking & financial services
and Insurance, telecom & information technology, retail & consumer
goods, media & entertainment, manufacturing, energy & utilities, transportation
& logistics, government defense, and others. The market for banking,
financial services and insurance industrial vertical will witness rise at a
faster rate of 11.5% CAGR and is predicted to register for $17.9 billion till
the end of 2026. Enterprise data management system in banking, finance service
& insurance industry offers benefits such as quality data, easy integration
of data, and it offers facility to prepare data without help of coding or IT
persons.
Regional Outlook and Major Market Players
Global
enterprise data management market is analyzed across North America, Europe,
Asia-Pacific, and LAMEA. Among these, North America region has dominated the
global market share, and is estimated to reach up to $37.3 billion till 2026 at
CAGR of 11.0%. This dominance is attributed due to the rise for risk management
solutions and requirement of on-time authentication for large scale business
sectors in the APAC region.
The
most prominent players in the global enterprise data management market are
·
IBM Corporation,
·
Teradata Corporation,
·
Talend,
·
SAS Institute Inc.,
·
Orcale Corporation,
·
Golden Source Corporation,
·
Micro Focus International PLC,
·
Amazon Web Services,
·
SAP SE,
·
Cloudera
About Us:
Research Dive is a market research firm based in
Pune, India. Maintaining the integrity and authenticity of the services, the
firm provides the services that are solely based on its exclusive data model,
compelled by the 360-degree research methodology, which guarantees
comprehensive and accurate analysis. With unprecedented access to several paid
data resources, team of expert researchers, and strict work ethic, the firm
offers insights that are extremely precise and reliable. Scrutinizing relevant
news releases, government publications, decades of trade data, and technical
& white papers, Research dive deliver the required services to its clients
well within the required timeframe. Its expertise is focused on examining niche
markets, targeting its major driving factors, and spotting threatening
hindrances. Complementarily, it also has a seamless collaboration with the
major industry aficionado that further offers its research an edge.
Contact us:
Mr. Abhishek Paliwal
Research Dive
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