Enterprise Data Management Market Is Forecasted To Grow At 8.7% CAGR Between 2022 And 2030

The global enterprise data management market size was worth around USD 81.54 Billion in 2021 and is predicted to grow to around USD 165.37 Billion by 2030, with a compound annual growth rate (CAGR) of roughly 8.7% between 2022 and 2030.

The enterprise data management (EDM) market includes a comprehensive range of software, hardware, and services, enabling organizations to manage, integrate, and govern their data assets efficiently. These solutions enhance data quality, security, and accessibility, helping businesses maximize the value of their information. EDM is critical in data storage, processing, analysis, and reporting, ensuring seamless operations and informed decision-making. The market is experiencing steady growth due to increasing business digitalization, data volumes, and advancements in cloud technology.

Browse the full  “Enterprise Data Management Market By Component (Software, Services), By Organization Size ( Small & Medium Enterprises (SMEs), Large Enterprises), By Deployment Mode (On-Premise, Cloud), By Services (Professional Services, Managed Services), By End-user Industry (Retail, Healthcare, BFSI, Manufacturing, IT & Telecom, Media and Entertainment, Government and Defense, Energy, Transportation, and Others) and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2022 – 2030.”- Report at https://www.zionmarketresearch.com/report/enterprise-data-management-market

As organizations prioritize data-driven strategies, the demand for robust EDM solutions will rise significantly.

Market Growth Factors

Several factors are accelerating the expansion of the enterprise data management market.

• Increasing data volumes: As businesses generate vast data, they require advanced solutions to store, manage, and analyze information efficiently.
• Growing need for regulatory compliance: Stricter data protection regulations drive the demand for solutions ensuring compliance and governance.
• Rising adoption of cloud-based solutions: The shift towards cloud computing enables organizations to enhance scalability, flexibility, and cost-efficiency in data management.

Restraints

• High implementation costs: Deploying enterprise data management solutions requires significant investment in infrastructure and integration.
• Data security concerns: The risk of data breaches and cyber threats poses a challenge to market growth, requiring businesses to adopt robust security measures.

Enterprise Data Management Market Report Scope:

Market Segmentation

The enterprise data management market can be segmented into component, deployment, organization size, vertical, and region.

Based on the components, the market is segmented into software, hardware, and services. Software solutions dominate the market as they enable data integration, governance, security, and analytics, which are critical for enterprise data management.

Based on the deployment model, the enterprise data management industry is divided into on-premises, cloud-based, and hybrid. Cloud-based solutions lead the market due to their scalability, cost-effectiveness, and ability to support remote data access, making them ideal for modern enterprises.

Based on organization size, the enterprise data management industry is segregated into SMEs and large enterprises. Large enterprises are expected to lead market demand as they manage vast data volumes and require advanced solutions for compliance, security, and analytics.

Based on the vertical, the market is categorized into BFSI, healthcare, government, IT and telecommunications, retail, and others. The BFSI sector is expected to lead during the forecast period due to strict regulatory requirements, high data sensitivity, and the need for real-time data processing and fraud prevention.

North America dominates the global enterprise data management market due to its well-established IT infrastructure, early adoption of advanced technologies, and high investments in cloud computing and big data analytics. The presence of major technology companies and software providers further strengthens market growth. Stringent data privacy regulations, such as GDPR and CCPA, drive the need for robust data management solutions across industries.Additionally, the region's strong emphasis on regulatory compliance in sectors like BFSI and healthcare fuels the demand for secure and efficient data governance systems. Growing enterprise digital transformation initiatives and the rising adoption of AI-driven analytics continue to expand market opportunities.

Key Market Players

Some of the prominent companies operating in the enterprise data management market include:

• Oracle Corporation
• Mindtree Ltd.
• Talend
• Amazon Web Services (AWS)
• Commvault
• Broadcom (Symantec)
• Cloudera Inc.
• SAP SE.
• Informatica Inc.
• IBM Corporation
• Teradata Corporation
• EnterWorks Inc.
• GoldenSource Corporation
• Ataccama
• MapR
• MuleSoft LLC
• Actian
• SAS Institute Inc.
• Zaloni Inc.

Recent Developments

• In January 2024, Salesforce acquired Own Co. for $1.9 billion to enhance data security and compliance solutions.
• In August 2024, NetApp raised revenue forecasts due to strong demand for cloud-based data management, launching the AI-optimized tool NetApp AIPod.
• In September 2024, Databricks saw 60% YoY revenue growth, surpassing a $3 billion annual run rate, aided by strategic partnerships like SAP.

The global enterprise data management market is segmented as follows:

By Components

• Software
• Services

By Deployment Mode

• Cloud
• On-Premise

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

About Us:

Zion Market Research is an obligated company. We create futuristic, cutting-edge, informative reports ranging from industry reports, the company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.

Contact Us:

Zion Market Research
244 Fifth Avenue, Suite N202
New York, 10001, United States
Tel: +49-322 210 92714
USA/Canada Toll-Free No.1-855-465-4651
Email: sales@zionmarketresearch.com
Website: https://www.zionmarketresearch.com