Global Metadata Management Tools Market Size Will Reach USD 15.03 Billion valuation by 2026: Facts & Factors

New York, NY, Sept. 28, 2021 (GLOBE NEWSWIRE) -- Facts and Factors have published a new research report titled “Metadata Management Tools Market By Type (Technical and Business Metadata), By Application (Data Governance, Risk and Compliance Management, Incident Management, Product and Process Management, and Others), By Deployment Mode (Cloud-Based and On-Premise), By End User (Travel and Hospitality, Retail and E-Commerce, Government, Telecom and IT, Energy and Utilities, BSFI and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2021 – 2026” in its research database

“According to the latest research study, the demand of global Metadata Management Tools Market size & share expected to reach to USD 15.03 Billion by 2026 from USD 5.29 Billion in 2020, at a compound annual growth rate (CAGR) of 19% during the forecast period 2021 to 2026”

Global Metadata Management Tools Market: Overview

Data has become more useful when metadata is available in an efficient manner. As soon as data is generated, metadata management tools follow a defined path - they create, manage, store, and publish metadata. Many firms utilize metadata management software, and data processing software to assists in the automatic generation of data. It basically explains when, how, and who created the data, as well as the format in which it is saved. The capacity of metadata management tools gives clarity and uniformity, which in turn fuels the growth of the worldwide metadata management tools market. The tool's comprehensive data governance feature also supports the market's expansion.

Rising consumer expectations of being able to access data or content from any location and on any device are propelling the metadata management tools market forward. Organizations will be able to organize their data and content, which will aid in the growth of the global metadata management tools market. 

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Industry Major Market Players

• IBM
• Microsoft
• Oracle
• SAP
• ASG Technologies
• Adaptive
• Cambridge Semantics
• CentricMinds
• Collibra
• Data Advantage Group
• Informatica
• GlobalIDS
• TopQuadrant
• Atlan
• Erwin
• Infogix
• Syniti
• Smartlogic
• Solidatus
• Alation
• Alex Solutions
• Magnitude Software
• Immuta
• Data.World and Zeenea

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Key questions answered in this report:

• What is the projected market size & growth rate of the Metadata Management Tools Market?
• What are the key driving factors for the growth of the Metadata Management Tools Market?
• What are the top companies operative in Metadata Management Tools Market?
• What segments are covered in Metadata Management Tools Market?
• How can I get free sample report/company profiles of the Metadata Management Tools Market?

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Market Dynamics

• Increasing business data volume

Metadata has emerged as the fulcrum of data management, compliance, and business intelligence, owing to the explosive growth of organizational data, increasing legal challenges, and the desire to extract more value from data. Metadata organizes, classifies, and encodes data's relevance, making it easier to find relevant data and its value. Metadata, on the other hand, necessitates the use of tools to create, maintain, and analyses data in order to extract value. Metadata management tools are essential to any data governance plan since they provide a number of essential benefits, including reduced costs associated with data administration, and improved data quality. Increases the ease with which specific data may be found and accessed. Data lineage and data heritage are better understood. IT productivity and data integration are both improved as a result of faster data integration. As a result, over the forecast period, the usage of such tools has gained popularity.

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Global Metadata Management Tools Market: Report Scope

Global Metadata Management Tools Market: Segmentation

The global metadata management tools market has been segmented into type, application, deployment mode, and end-user. The type segment is categorized into technical and business metadata. Data governance, risk and compliance management, incident management, product and process management, and others are categorized into application segments. The market for deployment mode has been classified into on-premise and cloud-based solutions. The end-user segment has been bifurcated into travel and hospitality, retail and e-commerce, government, telecom and IT, energy and utilities, BSFI, and others.

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Global Metadata Management Tools Market: Regional Analysis

North America Region Dominates the Global Market

The North America region is dominating the market owing to the presence of a majority of vendors and enterprises with a significant client base. Moreover, the region has experienced widespread acceptance of cloud-based security solutions, particularly among large enterprises. During the projected period, APAC is expected to register the highest CAGR owing to the growing digitization and desire for centrally controlled systems, APAC is seeing a significant increase in the implementation of metadata management technologies. For instance, in January 2020, Collibra launched the Collibra Data Intelligence Cloud (CDIC), a platform that allows users to access reliable data. Collibra aids in the documentation of a company's technical metadata. Furthermore, in July 2020, Informatica, a corporate cloud data management firm, announced its acquisition of Compact Solutions LLC which would help the Informatica Intelligent Data (IID) Platform expand metadata management. Certain initiatives undertaken by the players are expected to increase market growth.

Browse the full report “Metadata Management Tools Market By Type (Technical and Business Metadata), By Application (Data Governance, Risk and Compliance Management, Incident Management, Product and Process Management, and Others), By Deployment Mode (Cloud-Based and On-Premise), By End User (Travel and Hospitality, Retail and E-Commerce, Government, Telecom and IT, Energy and Utilities, BSFI and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2021 – 2026” at https://www.fnfresearch.com/metadata-management-tools-market

The global metadata management tools market is segmented as follows:

By Type:

• Technical
• Business Metadata

By Application:

• Data Governance
• Risk and Compliance Management
• Incident Management
• Product and Process Management
• Others

By Deployment Mode:

• Cloud-Based
• On-Premise

By End User:

• Travel and Hospitality
• Retail and E-Commerce
• Government
• Telecom and IT
• Energy and Utilities
• BSFI
• Others

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