Press Release / Technology / Enterprise Metadata Management Market Research Report by Forecast to 2023

Enterprise Metadata Management Market Research Report by Forecast to 2023

Enterprise Metadata Management Market Scenario:
The global enterprise metadata management market has gained immense recognition and why not, in the absence of metadata, the data will have no meaning. It will literally be a bunch of unspecified, meaningless numbers. Metadata gives the surrounding data the right context which helps organizations in knowing about their data better. Simply put, enterprise metadata management is a way through which metadata is controlled, integrated, governed, enhanced and managed. Implementing this system offers a plethora of benefits and it is owing to these benefits the enterprise metadata management market has experienced a significant growth. Metadata is information concerning the data which describes the different facets when it comes to information assets that helps to augment its usability thereby allowing simpler management all through its lifecycle.
Metadata is broadly categorized into three types- business metadata, technical metadata and operational metadata. The business metadata includes attributes in the business terms and definitions of the Enterprise Metadata Management Market files. It may also have definitions pertaining to business rules which apply to such attributes, data quality metrics, stewards and data owners and other related information which will help the business owners in navigating through the information ocean.
The next is technical metadata which is the most commonly used. It is created and utilized by the applications and tools which create, use and manage data. Typically, technical metadata comprises of database system names, column and table names and data types, sizes, allowed values as well as structural information like foreign and primary chief attributes and indices. The third type is operational metadata that has information which is accessible in run-time environments and operational systems. It may also comprise of data file size, time and date of updates, last load and backups and also the names of operational scripts and procedures which needs to be used for creating, updating, restoring or otherwise accessing data.
There are a couple of factors that are expected to drive the overall growth of the global enterprise metadata management market. These include risk and compliance management, regulations, data quality management, operational efficiency, rising business data volume and centralize management. The enterprise metadata management market is prognosticated to touch a whopping 24% CAGR over the forecast period 2017-2023.
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Major Key Players:
Leading players in the enterprise metadata management market include Varonics Systems (US), Trillium Software (US), Orchestra Networks (France), Information Builders (US), Erwin Inc (US), Idera (US), Smartlogic (US), Global IDs (US), Mulesoft (US), Infogix (US), Datum LLC (US), AWS (US), Alation (US), TopQuadrant (North Carolina), Talend (US), SAP SE (Germany), Oracle (US), Informatica (US), IBM (US), Data Advantage Group (US), Collibra (US), CentricMinds (VIC), Cambridge Semantics (US), ASG Technologies (US) and Adaptive (US).
Adaptive in July 2018 announced about hypercube technology for delivering a new class inclusive of speed and modeling scale for company wide planning.
Market Segmentation:
In MFRF’s report, the global enterprise metadata management market is segmented on the basis of services, application, metadata type, deployment model and end-user.

Based on services, the enterprise metadata management market is segmented into managed and professional services. Further, the professional services are segmented into education and training, consulting and support and maintenance.
Based on metadata type, the enterprise metadata management market is segmented into operational metadata, technical metadata and business metadata.
Based on the deployment model, the market is segmented into on-premise and cloud. Of these, the cloud deployment model is likely to grow at an exceptional CAGR over the forecast period. The cloud-based solutions are generally deployed by big organizations and the factors can be linked to simple deployments, reduced operational cost and higher scalability.
Based on application, the enterprise metadata management market is segmented into incident management, process management, risk management product, compliance management and governance.
Based on end-user, the market is segmented into hospitability, media and entertainment, energy and utilities, healthcare and life science, retail and wholesale, telecommunications and IT and BFSI.

Regional Analysis:
Based on region, the enterprise metadata management market is segmented into Asia Pacific, North America, Europe and Rest of the World. Of these, North America has been observed of having the maximum market share in the enterprise metadata management market due to adoption of modern technology across different industries, well-established IT infrastructure and advancements in technology.
Besides the presence of leading players in the region that are specialized in the field of enterprise metadata management coupled with increasing demand for a collaborative business environment is also driving the growth of this market in this region. It is Asia Pacific that is anticipated in being the fastest growing region because of the presence of medium and small sized enterprises which mostly use cloud-based applications. Not only this, there are other factors too that is driving the growth of the enterprise metadata management market such as constant adaptation to analytics solutions and business intelligence by organizations.
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Intended Audience:

Service providers and distributors
enterprise metadata management application builders
Independent Software Vendors (ISVs)
Analytics consulting companies
Enterprises
End-users

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