Enterprise Metadata Management can be considered as a cornerstone for the data capabilities that the organizations require, including data catalog, lineage, governance, stewardship, preparation, and provisioning. Enterprise metadata management tools manages structured and unstructured metadata, which gives additional information and context to other information and data assets of an organization. The integration of metadata management tools and services empower enterprises to gain deep insights into operations, customer behavior, and marketing campaign effectiveness. The global enterprise metadata management market size is expected to grow from USD 2.67 Billion in 2017 to USD 7.85 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 24.1%.
Enterprise metadata management is a growing market and the major vendors present in the market are Adaptive (US), ASG Technologies (US), Cambridge Semantics (US), CentricMinds (VIC), Collibra (US), Data Advantage Group (US), IBM (US), Informatica (US), Oracle (US), SAP (Germany), Talend (US), TopQuadrant (North Carolina), Alation (US), AWS (US), Datum LLC (US) , Infogix (US), Mulesoft (US), Global IDs (US), Smartlogic (US), Idera (US), erwin Inc. (US), Information Builders (US), Orchestra Networks (France), Trillium Software (US), and Varonics Systems (US). These players have incorporated different strategies to extend their global presence and expand their market shares. New product launches and product upgradations have been the key strategies adopted by these industry players to accomplish development and sustain in the competitive market. Apart from these, partnerships and agreements, and business expansions are some of the other significant strategies embraced by these market players to grow in the enterprise metadata management market.
Informatica is one of the well-known players in the enterprise metadata management market. The organization has a noteworthy presence in many countries, and primarily serves the regions of Americas, Europe, Middle East, and Africa (EMEA), and Asia Pacific (APAC). The company’s long-term strategy leans more toward organic growth, using which it has launched several solutions and upgraded the same on a regular basis. In May 2017, Informatica introduced Informatica Intelligent Cloud Services, the advanced Integration Platform-as-a-Service (iPaaS) for cloud data management. The solution features API-based microservices architecture driven by the unified metadata intelligence tool CLAIRE engine.
IBM is another such leader in the market. The company has a robust presence in more than 170 countries and majorly operates in the Americas, EMEA, and APAC regions. The fundamental objective of the company is to meet every industry client’s requirement and provide new advancements in enterprise metadata management market. IBM serves clients across various verticals, including the Banking, Financial Services, and Insurance (BFSI); government; healthcare; telecom and IT, and retail. IBM is considered to be one of the strongest vendors in the enterprise metadata management market. IBM is said to be adhering to the organic growth strategies for the expansion of its market share. In November 2016, IBM introduced IBM InfoSphere Master Data Management Version 11.6, to provide a complete, flexible, and proven master data management solution for organizations that demand the foundation of a trusted master data.
Enterprise Metadata Management Market by Component (Tools, Services), Application (Governance and Compliance Management, Risk Management, Incident Management), Deployment Model, Metadata Type, Business Function, Industry Vertical - Global Forecast to 2022
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