Metadata Management Tools Market Expansion 2024-2033

Vijay Tbrc

Metadata Management Tools Market Expansion 2024-2033

Market Size -

The metadata management tools market size has grown exponentially in recent years. It will grow from $9.04 billion in 2023 to $10.97 billion in 2024 at a compound annual growth rate (CAGR) of 21.4%. The growth in the historic period can be attributed to data proliferation, data integration complexity, analytics and BI demand, master data management (MDM), and data quality improvement.

The metadata management tools market size is expected to see exponential growth in the next few years. It will grow to $24.12 billion in 2028 at a compound annual growth rate (CAGR) of 21.8%. The growth in the forecast period can be attributed to data privacy and ethics, IoT data management, data democratization, edge computing, and rising cybersecurity threats. Major trends in the forecast period include data lineage automation, semantic metadata enrichment, metadata fabric Solutions, embedded metadata intelligence, and quantum-safe metadata security.

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Scope Of Metadata Management Tools Market

The Business Research Company's reports encompass a wide range of information, including:

1. Market Size (Historic and Forecast): Analysis of the market's historical performance and projections for future growth.

2. Drivers: Examination of the key factors propelling market growth.

3. Trends: Identification of emerging trends and patterns shaping the market landscape.

4. Key Segments: Breakdown of the market into its primary segments and their respective performance.

5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.

6. Macro Economic Factors: Assessment of broader economic elements impacting the market.

Metadata Management Tools Market Overview

Market Drivers -

The rising cybersecurity threats are expected to propel the growth of the metadata management tools market going forward. Cybersecurity threats are malicious activities or risks targeting computer systems, networks, and data, compromising confidentiality, integrity, or availability. Cybersecurity threats are increasing due to increased digitalization, a need for cybersecurity awareness, and a shortage of qualified professionals. Metadata management tools enable organizations to classify, label, and protect sensitive data by providing metadata-driven access controls, encryption, and masking capabilities. By enforcing data protection and privacy compliance requirements, metadata management tools help organizations mitigate the risk of data breaches and regulatory non-compliance, bolstering their cybersecurity posture. For instance, in November 2022, according to the Cyber Security Centre Report, an Australia-based cyber security government agency, the cybercrime reports received in 2022 were 76,000, an increase of 13% from 2021. Therefore, rising cybersecurity threats are driving the growth of the metadata management tools market.

Market Trends -

Major companies operating in the liquidity asset liability management solutions market are developing innovative products with advanced technologies, such as RiskIntegrity Investment Insight, to forecast financial statements under different scenarios. The RiskIntegrity Investment Insight solution is designed to assist insurers in constructing optimal liability-aware investment portfolios, strategic asset allocation, portfolio risk measurement, monitoring, and governance. For instance, in November 2021, Moody's Corporation, a US-based financial services company that provides financial analysis software and services, launched RiskIntegrity Investment Insight, an asset-liability management (ALM) tool for insurance businesses that assists insurers in developing liability-aware investment portfolios and evaluating their investment strategies across a variety of business indicators. It aims to address the issues that insurance businesses face while managing their investment plans, lowering operational risks, and responding to regulatory changes. This solution is a software-as-a-service (SaaS) platform that visualizes complex asset-liability models and data, providing fast and on-demand analytics to develop new investment strategies for enhancing risk-adjusted returns in the insurance business. It enables insurers to create new investment strategies to enhance risk-adjusted returns by leveraging Moody's Analytics proprietary data and models, including economic scenarios, credit analytics, and forecasts.

The metadata management tools market covered in this report is segmented -

1) By Type: Business Metadata, Technical Metadata, Operational Metadata

2) By Deployment: Cloud, On-Premise

3) By Application: Data Governance, Risk And Compliance Management, Incident Management, Product And Process Management, Other Applications

4) By End-User: Banking, Financial Services, And Insurance (BFSI), Retail And Consumer Goods, Government, Information Technology (IT) And Telecommunications, Healthcare And Life Sciences, Media And Entertainment, Transportation And Logistics, Other End-Users

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Regional Insights -

North America was the largest region in the metadata management tools market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the metadata management tools market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Key Companies -

Major companies operating in the metadata management tools market are Microsoft Corporation, International Business Machines Corporation, Oracle Corporation, SAP SE, Informatica LLC, Alteryx Inc., Progress Software Corporation, ASG Technologies Inc., Talend Inc., Collibra, Alation Inc., Cambridge Semantics, Ataccama, Global IDs Inc., erwin Inc., Alex Solutions Pty Ltd., MANTA Tools Inc., TopQuadrant Inc., CentricMinds, Adaptive Inc., Data Advantage Group Inc., Atlan Pte. Ltd.

Table of Contents

1. Executive Summary

2. Metadata Management Tools Market Characteristics

3. Metadata Management Tools Market Trends And Strategies

4. Metadata Management Tools Market - Macro Economic Scenario

5. Global Metadata Management Tools Market Size and Growth

31. Metadata Management Tools Market Other Major And Innovative Companies

32. Global Metadata Management Tools Market Competitive Benchmarking

33. Global Metadata Management Tools Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Metadata Management Tools Market

35. Metadata Management Tools Market Future Outlook and Potential Analysis

36.Appendix