IBM (US) and TIBCO Software (US) are leading players Data Catalog Market
The global data catalog market size is expected to grow from USD 0.7 billion in 2022 to USD 1.8 billion in 2027, at a Compound Annual Growth Rate (CAGR) of 22.0% during the forecast period.
Major data catalog vendors include IBM (US), Microsoft (US), TIBCO Software (US), Collibra (Belgium), Alation (US), Oracle (US), Google (US), Informatica (US), Alteryx (US), Zaloni (US), Cloudera (US), Talend (US), Ataccama (Canada), Quest software (Acquired Erwin), Tamr (US), Denodo (US), Tableau (US), AWS (US), Cambridge Semantics (US), Octopai (Israel), Alex Solutions (Australia), Immuta (US), Data.World (US), Solidatus (UK), Atlan (Singapore), Stemma (US), Castor (US), and Zeenea (France). These market players have adopted various growth strategies, such as partnerships, collaborations, and new product launches, to expand have been the most adopted strategies by major players from 2018 to 2022, which helped companies innovate their offerings and broaden their customer base.
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IBM is a multinational technology and consulting corporation that offers infrastructure, hosting, and consulting services. The company operates in five major business segments: Cloud and Cognitive Software, Global Business Services, Global Technology Services, Systems, and Global Financing. IBM’s product portfolio comprises various segments, including IoT, analytics, security, mobile, social, and Watson. IBM is one of the top vendors in the data catalog market, owing to the strong portfolio of solutions and services that the company offers in the market. The IBM Cloud has emerged as a platform of choice for all business applications, as it is AI-compatible and safe to use. It is a unifying platform that integrates the capabilities of IBM in a single architecture and spans public and private clouds.
TIBCO Software is a US-based multinational company founded in 1997 and headquartered in California. The company has a global workforce count of more than 5,000 employees. IBCO Software has strengthened its position as a BI and analytics solution provider since its establishment. The company mainly provides analytics, API management, and data integration solutions, the adoption of which is increasing quickly due to the continuous generation of data by IoT devices, machine learning-enabled data management solutions, and sensors. The company has segmented its products into two broad categories: Interconnect Everything and Augment Intelligence. Interconnect Everything includes data and systems, people and processes, and APIs. The company enhances digital business for its clients through its TIBCO Connected Intelligence Cloud platform, which connects any application or data source; unifies data for greater access, trust, and control; and predicts outcomes in real-time and at scale. It captures data in real-time and augments the intelligence of businesses through analytical insights, ranging from APIs and systems to devices and people.
Related Reports:
Data Catalog Market by Component (Solutions, Services), Deployment Mode (Cloud, On-premises), Data Consumer (BI Tools, Enterprise Applications, Mobile and Web Applications), Organization Size, Metadata Type, Vertical & Region - Global Forecast to 2027
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