Quadintel published a recovery-based report for Global IoT Data Governance Market that provides crucial details on company opportunities, growth plans, trends, innovations, the competitive landscape in 2022, and the geographic outlook. Based on relevant market and regional segmentation, a thorough assessment of this worldwide market includes the historical analysis of this market (from 2023 to 2030) and develops reliable and approximative timeline estimations up to 2030.
Global IoT Data Governance Market is valued approximately USD $$ billion in 2022 and is anticipated to grow with a healthy growth rate of more than $% over the forecast period 2023-2030.
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Data governance refers to availability, usability, integrity, and security of the data in enterprise systems. Effective data governance ensures that data is consistent and not misused. For instance, according to UNITED NATIONS CONFERENCE ON TRADE AND DEVELOPMENT(UNCTAD)’s DIGITAL ECONOMY REPORT2021- in 2020, 64.2 zettabytes of data were created also, as per estimates over the next five years the amount of digital data created would be more than twice the amount of digital data created since the arrival of digital storage. Global data creation and replication will experience a compound annual growth of over 23 per cent in the 2020-2025 period. also, as per same report- Global data traffic has reached 180 and 230 exabytes per month in 2019 and 2020, respectively. By 2026, this volume is estimated to more than triple, and would reach to 780 exabytes per month. Also, with the shifting trend towards remote working and increasing number of IoT devices, the adoption & demand for IoT Data Governance is likely to increase the market growth during the forecast period. However, data privacy issues and high initial investment, impede the growth of the market over the forecast period of 2021-2027.
The key regions considered for the global IoT Data Governance market study includes Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to presence of leading IoT data governance solution providers in the region. Whereas Asia-Pacific is anticipated to exhibit highest growth rate / CAGR over the forecast period 2021-2027. Factors such increasing penetration of IoT devices in the region would create lucrative growth prospects for the IoT Data Governance market across Asia-Pacific region.
Major market player included in this report are:
- IBM
- PTC Inc.,
- Teradata Corporation,
- Dell Technologies, Inc.,
- Cisco Systems, Inc.,
- SAS Institute Inc.,
- Hewlett Packard Enterprise (HPE) Company,
- Fujitsu Limited,
- Oracle Corporation,
- Google Inc
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Component:
Food
Pharmaceutical
Industrial
By Deployment:
Cloud
On-Premises
By End Use Industries:
Banking, Financial Services, and Insurance (BFSI)
Consumer Goods and Retail
Telecommunication
Healthcare
Aerospace and Defense
Energy and Utilities
Manufacturing
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
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Table of content
Market Overview
Market Definition and Scope
Market Dynamics
Market Industry Analysis
Market, Regional Analysis
Analysis of Leading Companies
Competitive Intelligence
Research Process
Market Analysis and Forecast, By Product Types
Some of the Key Questions Answered in this Report:
- What is the Market dimension at the regional and country-level?
- What are the key drivers, restraints, opportunities, and challenges of the Market, and how they are anticipated to influence the market?
- What is the international (North America, Europe, Asia-Pacific, South America, Middle East and Africa) income value, manufacturing value, consumption value, import and export of Market?
- Who are the world key producers of the Market Industry? How is their working state of affairs (capacity, production, sales, price, cost, gross, and revenue)?
- What are the Market possibilities and threats confronted via the carriers in the world Market Industry?
- Which application/end-user or product kind may also be seeking for incremental boom prospects? What is the market share of every kind and application?
- What targeted method and constraints are keeping the Market?
- What are the distinct sales, marketing, and distribution channels in the world industry?
- What are the upstream uncooked substances and manufacturing gear of Market alongside with the manufacturing technique of Market?
- What are the key market tendencies impacting the increase of the Market?
- Economic have an impact on the Market enterprise and improvement vogue of the Market industry.
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