According to the report by Expert Market Research (EMR), the global Data Catalog Market Size reached a value of USD 1.22 billion in 2023. Aided by the rising data volumes across various sectors, the market is projected to further grow at a CAGR of 24.1% between 2024 and 2032 to reach a value of USD 8.49 billion by 2032.
A data catalog is a centralized inventory or repository that provides metadata and information about an organisation’s data assets. It serves as a comprehensive index or catalog of available data sources, datasets, data schemas, and data artefacts within an organisation. The primary purpose of a data catalog is to facilitate data discovery, understanding, and usage by providing descriptive information about the organisation’s data assets.
The global data catalog market growth is on an upward trajectory. This ascension is underpinned by the escalating volume of digital data, the complexity of managing disparate data sources, and the imperative need for businesses to derive actionable insights from their data repositories. Data catalogs offer a centralised platform to inventory and organise data assets, facilitating enhanced visibility, access, and governance across the data lifecycle.
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Data catalogs excel in their ability to provide a comprehensive view of an organisation’s data ecosystem, employing metadata management, data lineage, and semantic discovery to empower users with context-rich information. This empowerment is pivotal in navigating the complexities of big data, enabling businesses to unlock the latent value of their data assets with precision and agility. Innovation is influencing the data catalog market. Cutting-edge technologies such as artificial intelligence (AI) and machine learning (ML) are being integrated into data catalogs, automating the processes of data discovery, classification, and annotation. These advancements not only enhance the efficiency of data management practices but also significantly improve the accuracy and relevance of the data presented to users.
The surge in regulatory compliance requirements and data privacy laws is another catalyst propelling the data catalog market expansion. As organisations grapple with the complexities of adhering to regulations such as GDPR and CCPA, data catalogs serve as a linchpin in establishing robust data governance frameworks, ensuring compliance and safeguarding sensitive information.
The shift towards cloud computing and the adoption of multi-cloud strategies have amplified the need for data catalogs. In a landscape characterised by data silos and fragmented storage solutions, data catalogs provide a unified interface to manage and access data across diverse environments, streamlining operations and fostering collaboration which further contributes to the data catalog market share. Some organisations are adopting data marketplace platforms that function as centralized hubs for discovering, sharing, and monetizing data assets internally or externally. Data catalog solutions play a critical role within these platforms by providing the foundational infrastructure for cataloging and managing data assets.
Manually capturing and managing metadata can be time-consuming and error-prone. Data catalog solutions are leveraging automation techniques such as metadata extraction from data sources, schema inference, and semantic enrichment to streamline metadata management processes and improve accuracy. As per the data catalog market outlook, data lineage tracking is essential for establishing trust in data and ensuring regulatory compliance. Data catalog solutions are enhancing their data lineage capabilities to provide end-to-end visibility into the movement and transformations of data across systems and processes, supporting data governance initiatives.
Looking ahead to 2028, the market is poised for a paradigm shift, with data catalogs becoming an integral component of the modern data infrastructure. According to the data catalog market analysis, as organisations continue to evolve in an increasingly data-centric world, the demand for sophisticated data cataloging solutions that can accommodate the growing complexity and scale of data ecosystems is set to escalate.
Data Catalog Market Segmentation
The market can be divided based on component, deployment mode, data consumer, metadata type, end use, and region.
Market Breakup by Component
- Solutions
- Services
Market Breakup by Deployment Mode
- Cloud
- On-premises
Market Breakup by Data Consumer
- Business Intelligence Tools
- Enterprise Applications
- Mobile and Web Applications
Market Breakup by Metadata Type
- Business Metadata
- Technical Metadata
- Operational Metadata
Market Breakup by End Use
- BFSI
- Retail and E-commerce
- IT and Telecom
- Healthcare
- Manufacturing
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
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Competitive Landscape of Data Catalog Market
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global data catalog market. Some of the major players explored in the report by Expert Market Research are as follows:
- IBM Corporation
- Microsoft Corporation
- Oracle Corporation
- Alation Inc.
- Hitachi Vantara LLC
- Informatica Inc
- Collibra NV
- Cloudera, Inc.
- Apache Software Foundation
- Talend, Inc.
- Others
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